Some first-time homebuyers are holding their breath for the rise of unemployment to crash the market

YES, you read that right!! Some people are holding on for dear life, to one card, that the housing market will crash. That card is the unemployment card. The Labor Department reported, "The number of Americans filing for first-time unemployment benefits fell by 5,000 to 232,000 last week". However, continuing claims for state benefits rose to 1.44 million in the week ended Aug. 20 from 1.41 million. What are your thoughts on how high unemployment needs to climb for the market to crash? Comment below or Direct message me on Instagram @Urfavoritemortgagegirl.