As the 2022 housing market enters Q4, many anticipate that a complete collapse is underway. After eight straight quarters of absurd price growth, the public is exhausted. Priced out of the American dream, by wild speculation, greed, and the fear of missing out. Everyone by now is well aware of the great pandemic bubble. In strong markets like Tampa, Florida we have seen houses go from a median price of 215,000 in 2019 to 425,000 in June of this year. But it's not just prices that are breaking the back of the American consumer, interest rates are adding to the pain. In 2021 the average mortgage rate on a 30-year fixed loan was 2.65%, today that same loan is at 5.75%.