Is a Real Estate Market Crash Happening This Year!?

in #hive-167922 • 2 years ago

In this clip from the Weekly AMA, we talk about the current state of the real estate market.

Between rising rates and rising prices, new home sales are down 16% from April compared to March.

Neal thinks the American home buyer might be getting priced out and Mitch thinks the American buyer isn't selling to upgrade.

It's entirely possible that a massive Real Estate crash is on the horizon. This could be yet another catalyst to deepen the recession. It can also be a huge opportunity for people like us - who invest in real estate - to buy homes and land on the cheap to flip coming out of the next Recession.

Neal is a great example of someone who took advantage of this in 2008, where he made a killing on buying a cheap home that is now worth exponentially more than the purchase price.

Will this be another 2008-like event in real estate?

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#realestate #homes #2022 #oneup #ctp #leo #proofofbrain #vyb
2 years ago in #hive-167922 by
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     2 years ago 

    16% down will create more opportunities to buy at cheap price, but down 30% will be a great chance for someone like me to own a house in America. hahaha

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     2 years ago 

    Yep… the downside does have opportunities for those that want to invest 😉🤓

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         2 years ago 

        The best option is to utilize the cheaper rate when it's favourable in other to own a house when it pretty much easier to get.

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             2 years ago 

            Many investors(including myself) have been expecting an omni-bubble to burst. I was very wrong with the expected times. Yet the fundamental factors that would cause a bubble to explode in nearly every sector is already there. Eventually some correction is due.

            One positive thing that can work out well for real estate is they have a real utility compared to a stock of a company that has never made a profit or some NFT that does nothing.
            !PIZZA

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                 2 years ago 

                Down by 16% it a good time to enter the market,and flip it after,crypto is going down stocks are going down, then what is going up?

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                     2 years ago 
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                         2 years ago 

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                             2 years ago 

                            Great Video!

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