Housing Contracts Falling Through -What To Do If Buying A House

Hard to say the economy has already bottomed if the housing market is plummeting. New home build cancelation rates are rising and home sale contracts are dropping. What does this mean for the housing market?

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LINKS: https://www.cnbc.com/2022/08/16/homebuyers-are-backing-out-of-more-deals-as-recession-fears-linger.html?utm_source=Talking+Points+Newsletter&utm_campaign=5eedff5915-Talking_Points_September_22_2017_SafeHav9_22_2017_&utm_medium=email&utm_term=0_81a82d963f-5eedff5915-147045604&mc_cid=5eedff5915&mc_eid=1633a60696
https://twitter.com/charliebilello/status/1560474090108063744?s=20&t=8cMXhXyNFLy5dyqffdtTBA

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.