Will there be a correction to the US housing market over the next several months. I spoke to one the the top real estate analysts today and it was a bit chilling to hear what he had to say. If we go back in time to the middle of 2021 based on the interest rates then compared to interest rates today. If you where to purchase a $500,000 home back in 2021 the payment would be equal to a $350,000 home today. That means you have $150,000 less in buying power then you had in 2021. Based on his conversations with the Federal Reserve, he is convinced that the Fed’s will raise the rates one more time before the end of the year. They currently, are at a forty year high.