The present and future of the US real estate market

As already known in the domestic media, the current U.S. real estate market has been around 15 years since 1992. In the real estate market is experiencing a recession. The economy in the U.S. real estate market is mainly due to It is judged by the size, etc. According to the data, housing 2 The volume of trading decreased by about 22%. It is investigated that the number of new houses decreased by about 35%, and the price of houses decreased by about 4.5%. It.

 

There are a number of reasons that have played a role in this recession in the US real estate market, mainly in Korea. The subprime mortgage situation 3 And the rise in mortgage interest rates, The main reason is the decline in real estate-related investment. Simply put, the serve The Lime mortgage crisis led to poor loans and mortgage auctions for many homeowners. As the process progresses, the supply of housing increases, along with the strict lending standards applied by various financial institutions. And loan interest rate hikes have led to a decrease in consumer demand for home purchases. Home Mortgage Investment (CMOs 4 , CDOs) and other real estate-related investments decreased. As these factors work in combination, housing supply increases and housing demand decreases. Tack prices have begun to decline and are now reaching the present.

 

In addition, the interest rate on loans by financial institutions is the most important factor that determines the affordability of consumers. As an important factor, it has historically been the most important influencing the US real estate market economy. This is why the Federal Reserve Bank is leading the interest rate decline through various financial policies. It can be said that it is due to this.