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Home Prices are historically high in the New Orleans Metro Area, as they are all around the United States. And you may be wondering, Will home prices drop? When will home prices drop? Will this market slow down? Is the housing market going to crash? Home Prices are up nearly 16% in the New Orleans metro area and continuing to rise. But with Jerome Powell and the Federal Reserve beginning the raising of interest rates, we should expect a slowing throughout 2022. Will the market completely stabilize? No, I don't think so, but I definitely believe we will begin to see home prices drop slowly throughout the year. In this video we talk about all this more! Hope you enjoyed our New Orleans Real Estate Housing Update!!! Make sure to TUNE IN weekly! Need a Real Estate Agent/Mortgage Lender in Your Area? CLICK HERE https://forms.gle/kwpwXnHpuLWDjuo57 WATCH NEXT⏭: • WHERE ARE THE BUYERS? Google Predicts 2022... MORTGAGE RATES RISE: • MORTGAGE RATES RISE ┃ Prices to Decline? H... FEDS CUT STIMULUS CHECK✂️: • FEDS CUT STIMULUS CHECK┃Fourth Stimulus Pa... Housing Market 2022 Forecast: • Why Won't Home Prices Drop? Housing Market... Live in New Orleans or Surrounding Areas? Reach out 985-626-1313 Keep Connected with us... Home Page: http://www.wayneturner.com/ Facebook: / turnerrealestategroup Instagram: / wayneturnerrealestate LinkedIn: / wayneturner333 Twitter: / wayneturner Pinterest: / wayneturner TikTok: @wayneturnerrealestate DISCLAIMER The contents of this video are for strictly educational and entertainment purposes. This video is not intended to provide financial, accounting, tax, or legal advice. For financial or legal advice consult with financial advisor or lawyer.