The Fed can raise interest rates, but they cannot create housing supply. 

Housing intelligence analyst Rick Sharga joins us for the second week in a row.

This housing market is awful for primary residence homebuyers. But at GRE Marketplace, you can still buy income properties with rates as low as 4.75%.

Rick tells us that the most prosperous markets now favor the: Midwest and Southeast, single-family homes, rental property investors with buy-and-hold strategies.

National home prices are appreciating modestly. Home sales volume is still down.

Investors now account for more than one-quarter of property purchases.

Mortgage delinquencies are near an all-time low.

Rick and I discuss why this market is so bad for flippers. 

High homeowner equity positions ($300K+) support this housing market.