Straight from the lips of the good folks over at Fannie Mae "...Recession Likely in 2023". Well, I think the most obvious response to that statement would be "Welcome to the party pal!" As seems to be true with most bad news, the headlines and folks in charge always seem to be just a little behind the curve. Even in this admission, Fannie Mae puts the absolute best possible spin on the situation. But hey, we all love optimism... right?

Articles:

https://www.fanniemae.com/research-and-insights/forecast/housing-and-interest-rates-continue-suggest-recession-likely-2023

https://magazine.realtor/daily-news/2022/09/21/housing-starts-rebound-builders-aim-to-win-buyers-back

https://www.calculatedriskblog.com/2022/09/realtorcom-reports-weekly-active.html

https://www.cnbc.com/2022/09/21/mortgage-demand-rises-for-the-first-time-in-six-weeks.html

https://www.cnbc.com/2022/09/23/some-homebuyers-are-facing-payment-shock-ways-to-save-on-a-mortgage.html

https://www.calculatedriskblog.com/2022/09/monthly-mortgage-payments-up-record.html