A rising number of Americans express concerns about the housing market as the spring homebuying season approaches. Surveys indicate fears about mortgage rates, home prices, and overall market stability, compounded by perceptions of President Trump’s trade policies. A significant percentage of Americans believe tariffs will adversely affect the economy, citing worries about potential housing market crashes. Despite the current anxiety, some experts downplay the likelihood of a crash, suggesting that strong demand remains, particularly among pent-up buyer demographics, despite financial barriers due to affordability issues.
"There's no doubt that the current state of the housing market is a source of anxiety for prospective buyers and sellers," says Realtor.com® senior economist Joel Berner.
"If home prices did drop, we would expect a flurry of buying activity from the pent-up households in the nation that are waiting to form, which would buoy the market naturally," he says.
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