Ever wondered why the US housing market appears stable despite an all-time high median monthly mortgage payment of $2,632? Are you curious as to what opportunities this presents amidst the current economic uncertainty? As your hosts, David and I, unfold the intricate details of Redfin's data and delve into the implications of the recent rise in the consumer price index (CPI) for August. We'll unravel the factors leading to a drop in the core CPI rate to 2.4% and their impact on the housing sector and the broader US economy.

Switching gears in the second part, we'll be decoding the implications of the recent rate hikes on the US housing market stability. We’ll scrutinize the median sales price for homes in the US and pinpoint potential investment opportunities. Brace yourself as we evaluate the chances of a recession and its possible effect on market values. We’ll also serve up some handy tips on how to capitalize on the current market situation, whether you're a seasoned investor or a first-time homebuyer. Buckle up for a session packed with valuable insights and strategies that can change your game in the market.

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