62% of homeowners with a mortgage have a rate below 4%! This is not a normal market because these homeowners are not selling, just to move and buy another house which now costs more, and get a 7% mortgage! Sellers are choosing to not put their houses on the market which means fewer options for buyers and fewer homes are sold.
Zillow has updated their forecast which projects that 2023 home prices will end the year 5% higher than where it began.
Seeing a foreclosure on the market for sale is a rare event! Banks will foreclose on a property when the buyer owes more than what the home is worth, but today with home values still increasing, a seller just puts it on the market and is pocketing a profit!
THE REVERSE HOUSING CRASH?
Here is why the housing market hasn’t crashed yet! This video is the housing market crash update…with home prices surging higher!
✳️ Why Home Prices Haven’t Crashed… Yet. Housing Market 2023 – https://youtu.be/WLlzQiPl8CA
✳️ 13 Affordable Home Lies!…NEVER Buy A Cheap House Without Knowing This! – https://youtu.be/QOtWLc0oCeY
✳️ Absolutely NEVER Buy This Type Of Home – https://youtu.be/kui6J6oBIT4
✳️ 7 MASSIVE LIES About Manufactured (Mobile) Homes AFFORDABLE HOUSING! – https://youtu.be/KrwfExVzBcM
✳️ MUST KNOW Before Buying Land and Building A House – https://youtu.be/bzIQv5Sd6ao
✳️ Alternative Places BEFORE Buying, Relocating or Retiring to Florida! -https://youtu.be/VRTjNfGeybY
✳️ IT’S OVER: Condo Owners CRUSHED! What You MUST KNOW! – https://youtu.be/2525gASBvcM
✳️ AVOID LIVING IN A 55 PLUS COMMUNITY – https://youtu.be/kUibKY4GkQg
✳️ REVEALED: Living In SOUTH CAROLINA vs NORTH CAROLINA – https://youtu.be/3BSNSs3ZGS0
✳️ INSIDE 3 NEW AFFORDABLE HOUSE TOUR IN SOUTH CAROLINA UNDER $300,000 –
✳️ AVOID MOVING TO SOUTH CAROLINA – Unless You Can Deal With These 10 Facts – https://youtu.be/YO4ze6d36pk
Brought to you by:
Jerry Pinkas Real Estate Experts
604 N 27th Ave
Myrtle Beach, SC 29577
843-839-9870
🟢 Start Here! – https://www.HomeGuideMyrtleBeach.com
Disclaimer: All information given in my videos is meant to be educational. This video is not intended to replace your research, nor to provide legal, investment, or financial advice. For legal advice consult a lawyer.