Here’s an outline of how to assume about a potential housing market crash and the elements that have an effect on real estate cycles. According to the National Association of Realtors®, the median existing-home value for all housing sorts in October was $353,900, up thirteen.1{2ee4d641bf8e1a1e2de879a7fe1d7a6f6f131b185567a8e13e515de85d86d645} from October 2020 ($313,000), as costs climbed in every region. This marks 116 straight months of year-over-year increases, the longest-running streak on report. A red-hot housing market and tight mortgage guidelines would possibly give potential buyers sticker shock. The key growth to watch just isn’t how many workers make the commute each month. Rather, regulate…