Do you ever feel like we've totally lost control of the housing market?

And you start to wonder, gosh, was I just unprepared for adulthood?

Or has real estate genuinely gotten so messy over the last decade?

Well, we're going to talk about it and we're going to do a deep dive on the housing market.

But before we get started,

make sure to subscribe to this channel and share this episode with a friend. All right, let's go down memory lane, shall we? Just picture this. It's 2012 and you're wearing a pair

of Hunter rain boots and a J-Crews statement necklace in life is good. In 2012, the median house price was around

$175,000 and the average interest rate for that same year was about 3.6%. Now, as of early

2025, the median house price is around $412,000 with about a 6.8% interest rate.

And in the last decade, there are really six main factors that affected the housing market.

So we're going to dive in.

So the first factor is that the Fed kept rates low in the 2010s to offset the 2008 crash.

So after the big mortgage crash of 2008, 2009, they really,

you know, said, okay, we need some homebuyers in here that are actually can be approved for

loans and we want to get people back in. So rates were in the 2%, 3%, 4% for a really, really

long time, which was fantastic.

I say a really long time.

In my perspective, it was a long time.

For others, it felt short.

But the idea that, I mean, for years, you guys, for almost a decade, rates were like at

a great spot and very, very affordable.

But now with inflation, other factors that we're going to talk about, the rates have

...