Real Estate Market Correction..What Does That Mean For YOU?
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In the event of a real estate market crash, the value of a person's home may decrease, but their monthly payments will remain the same. Some people may choose not to sell their homes during this time, resulting in fewer houses for sale and more people renting. Those who over-leverage themselves may experience financial difficulties, but those who do not may still profit. Overall, the impact of a real estate market crash is not significant and the market will eventually recover.
In the event of a real estate market crash, the value of a person's home may decrease, but their mon