Hard to pull people out of 3% mortgages for a 6% mortgage...thus a shortage of resale homes
The main reason to sell is a change in employment. If you lose your job and need to move to get a new job forces people to sell. This is not as much of a factor if you can work remotely.
I know several people now that work from home for a company several states away. Two of my neighbors, one of my siblings and both my daughter and her husband. My daughter in NH lost her job about two months ago for a company in NC. After being unemployed for 3 weeks she got another job working remotely from another company in NC.
So, the YouTuber’s that have been predicting a decline in real estate are all pointing to an increase in unemployment will force more houses into the market. Especially FHA mortgage houses.
I got a 2.5% rate. You can pry my house from my cold dead hand.