The Housing Market Forecast Isn’t Looking Great as Home Prices Posted Largest Annual Drop in More Than 11 Years in April while U.S. existing home sales post second straight monthly decline. In addition we have Consumer debt passes $17 trillion for the first time despite slide in mortgage demand. When will the FED Pause Or
Selling Real Estate
Worth a staggering $43 trillion and encompassing over 142 million housing units, the U.S. housing market is not just the biggest, but also the most crucial market in the world. But what if we told you that this mammoth market is teetering on the brink of disaster? With the potential to send shockwaves throughout the
Erin Sykes, chief economist at Nest Seekers International, discusses the state of the housing and mortgage market, and says a key metric to watch is how many days a property is listed.
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This builder is in deep trouble. They built a $4 Million House in Nashville that has been on the market for over a year and is NOT SELLING. That’s because there’s been a major collapse in the sale of luxury homes on the US Housing Market. Data from Redfin shows sales of million dollar properties
“A debt ceiling default would send the U.S. housing market back into a deep freeze.” In today’s video, I share a potential scenario of what would happen to the US housing market if the Federal government was unable to raise it’s debt ceiling and default on its debt for the first time in history. This
It happened… Zillow did it yet again! They upwardly revised their housing market forecast and real estate market predictions for 2023. In today’s video, I share their latest real estate market forecast for the US housing market. ➜➜➜ Get Connected To a GREAT Real Estate Agent: Jason Compilation of Housing Market Forecast videos: Report I
The housing market has been odd to say the least this year as homeowners are opting to hold onto their ultra low mortgage rates leading to an abnormal dip of housing inventory this year. However, buyers are also sitting on the sidelines as pending home sales are still down by double-digits compared to one year
Is the housing market going to crash in 2023? (real estate forecast). A strong warning for the US real estate market in 2023. We ask the question: is the real estate market going to crash in 2023? We shall examine again the price action on XHB, the Homebuilders Index. What is XHB likely telling us
The madness continues… The average monthly mortgage payment for homebuyers reached a new all-time record HIGH once again as home prices and average mortgage rates increased. However, we’re still seeing a drop in home buyer demand and new listings as pending home sales and new listings fell year over year in each of the 50
Based on a new report from the US Labor Department, the number of Americans filing new claims for unemployment benefits jumped to the highest levels since October 2021, pointing to bigger cracks in the labor market. The Producer Price Index or the PPI report was also released Thursday 5/11/23 which showed wholesale prices increased at
Get Our Help: https://nomadcapitalist.com/apply/ Join Our Email List and be the First to Hear about Breaking News and Exciting Offers https://nomadcapitalist.com/email Get on the waiting list and join us for the next Nomad Capitalist Live: www.nomadcapitalist.com/live/ US Real Estate Market Plunges by Almost Half while other markets offer you the best deals. In this video,
Not sustainable! The US housing market is showing signs of early-2022 as the average monthly housing payment for homebuyers reached a record high, housing affordability is the worst on record and despite the fact that average 30yr rates have been above 6%, home prices increased in the first quarter. What in the world is going
The US housing market has been very volatile this year with all the uncertainty, bank collapses, elevated mortgage rates, historically low inventory levels as well as a likely recession and job losses coming. In today’s video, I share my own analysis based on the latest real estate market data from Realtor.com and AltosResearch.com and the
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