Looks like real estate is about to get knocked out, thanks to $JPOW. He’s going to let the air out from the Trump era administration, probably because the Fed saw a chance to finally normalize the credit markets. KB Homes ($KBH) is sliding lower and that’s good news for the Millennials who want to buy a home, not so good news to those that bought at the top.
If I was looking to buy a house now I’d wait. I’d wait till the air is out of Trump era inflation.