Phase 3 Of The Housing Crash Begins (Inventory Panic)

Selling Real Estate
When will the housing market crash crash? That is the question nearly every single buyer in the United States is asking following twelve quarters of absurd never-ending price growth. According to Redfin.com, the average homebuyer housing payment has increased by more than 90% since May 2020. Just three years ago a new buyer could expect to pay around $1300 a month for the average home, today that number has increased to a record high of $2566 per month. In essence, looking through the prism of overall monthly costs, the housing market has never been more expensive and week after week it just gets worse.

Altos Research Website
https://altosresearch.com

Bill McBride Substack
https://substack.com/@UCc_ibGnAazcJF14DKahGYvg

My Twitter
https://twitter.com/LorenzoBatarilo

Products You May Like

Articles You May Like

Matthew Perry’s Batman-themed LA mansion quietly sells for $8.5M a year after his tragic hot tub death
Buying a home is ‘a way to increase your net worth over time,’ top-ranked advisor says
Sonja Morgan says goodbye to NYC — makes move to Florida with downsized $600K condo purchase
China’s property market is expected to stabilize in 2025 — but stay subdued for years
Before Donald Trump bought Mar-a-Lago, this is how it looked under the ownership of America’s richest woman

Leave a Reply

Your email address will not be published. Required fields are marked *