Texas Gives Massive Housing Market Warning

Stalled home price growth and weak buyer demand persist despite lower interest rates, indicating deepening cracks in the macro housing sector.

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Photo by Jason Dent on Unsplash

We’ve been covering the macro housing bust for some time, and while it’s still there another major problem has come up and for the same reasons. Mortgage delinquencies and even foreclosures have come into the conversation, especially in places like Texas. Rates continue to tick lower but no one is buying houses, home price growth has completely stalled, and now more borrowers are falling behind on their loans.

Video Length: 00:19:03

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