Let's Talk Housing Episode 83: How Much More Can Housing Take?

Is the Next Housing Crash Closing In?

Mortgage rates have climbed above 7%, putting renewed pressure on buyers, sellers, and the broader housing market. Steven Thomas and Brennen Thomas examine the rent-versus-buy debate, housing crash predictions, and whether today’s market is becoming increasingly K-shaped. The episode also breaks down why condos and townhomes are struggling more than detached homes and what higher rates could mean heading into 2027.

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Time Stamps:
00:00 Introduction
02:15 Housing Supply, Demand, and the Autumn Market
04:20 Why Mortgage Rates Hit 7%
07:42 What 7% Rates Mean for Housing
10:15 Renting vs. Buying and the Break-Even Point
14:59 Is the Next Housing Crash Closing In?
20:23 Is Housing Becoming K-Shaped?
22:03 Why the Condo Market Is Struggling
25:54 Final Thoughts

#HousingMarketUpdate #MortgageRateUpdate #HousingCrashForecast #RealEstateMarketTrends