Owen Raskovich

Why are you telling me this, Owen?

Well, I wanted to tell you this because you've already seen I've talked about supply.

I've talked about demand.

I've talked about migration.

I've talked about unemployment.

I've talked about credit or like the ability to get a loan.

All of these things combined means that forecasts are pretty much impossible to get right.

and if you've got people screaming at you telling that they're negative i mean yeah you can think of it as yeah you know what prices probably are going to come down but you know they're never specifically right they might be generally correct which is what i try to be but they're not specifically correct because they're no one can simply predict all of these different things going back to that person stirring the cauldrons wizard

trying to stir up this cauldron and then come out with an answer like a magic potion.

Here's where things are going.

It just doesn't work like that because the world is an uncertain place.

And if you're a homeowner sitting back reading these headlines, I would focus more on what the experts are saying.

So what are they forecasting for supply?

What are they forecasting for demand?

Do they think migration will come back?

How do they think credit or income and unemployment are going to move state by state?

You know, these are the things that matter.

Don't just take that big scary headline and read it and just assume that that's what's going to apply to you.

Look at your area, look at the house you own, all of these different things come into play.

And then after all of that, after you've considered all of that, all that really matters is can you make the loan repayments?