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Midwest is ‘last regional bastion of affordability’ for homebuying, economist says
Zillow Senior Economist Jeff Tucker breaks down the outlook of the housing sector and property finance loan charges subsequent the Fed’s hottest charge hike, including regional household pricing developments in advance of 2023. Online video Transcript [AUDIO LOGO] DAVID BRIGGS: Fed Chair Jerome Powell stating inflation in the housing market place could commence to great by the center of 2023. But will a different 50 stage hike further punish the housing sector? Becoming a member of us now is Zillow Senior Economist Jeff Tucker. Jeff, good to see you. How will today’s decision by the Fed impression the housing sector that the Fed chair stated, quote, “had weakened considerably?” JEFF…