These days, many folks are on edge over the much-feared housing recession—a dread that descended like a dark cloud last year as the real estate market seemed to seize up.
But it doesn’t appear that a housing bubble is about to pop. The housing market has slowed, to be sure, after mortgage interest rates rose rapidly in the back half of 2022 from rock-bottom lows below 3% to 20-year highs, briefly topping 7% before falling back into the 6% range. However, home prices are still going up.
https://knoxmoves.realgeeks.com/knoxville-home-prices-are-down-and-all-over-place/