Shocking Housing Market News Today
Currently, the number of transactions in the housing market is at historically low levels, similar to what was observed in 2008. Contrary to the perception that people are actively buying homes, the data indicates that buyer activity is limited. The low number of new listings and sellers' hesitation to list their properties have contributed to this perception. However, this situation is expected to change soon, as listings are anticipated to increase while buyer demand figures are likely to remain low.
Watch more of this short video from A Coming Surge In Inventory To Drop Home Prices By Up To 35%? | Reventure Consulting.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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