We’re definitely seeing a lot more of the media turn around and say that there will not be a crash. They are finally jumping on board and saying that there will only be a slight downturn in the housing market. Although interest rates have gone up it hasn’t hurt the home prices. Rent has gone up too and we are at new levels.

This pace isn’t sustainable, so we will probably see a softening in the Fall or Winter, but let’s take a look at the data so we can make better decisions.

Content:

0:00 – Intro
1:40 – These Homeowners Decided to Rent Again Article Source
4:02 – Home prices keep rising, even as the market cools
4:18 – Number of existing homes sold
5:51 – The World’s Bubbliest Housing Markets Are Flashing Warning Signs
6:09 – New Zealand at Top of Risk Ranking
7:41 – Altos research
8:08 – Real Time Market Profile
11:16 – Rents and Home Prices Are Blowing Up in Florida’s Miami Dade County
12:35 – How bad is it? According to the RentCafe online listing service
13:20 – Loans Upon Exiting Forbearance Program
14:15 – 10 States with the Highest Foreclosure Rates (June 2022)
15:05 – US housing market price correction to hit ‘coast to coast,’ economist warns
15:16 – Mark Zandi, chief economist at Moody’s Analytics says, “I just don’t see the kind of mortgage defaults and distressed sales that would be necessary for big declines in housing values…
15:45 – Conclusion

People selling and renting:

Home prices still going up and rents going up too.

Miami Rents

Foreclosure Data

Black Night Data on the Market and Foreclosures
blackknightinc.com/black-knights-april-2022-mortgage-monitor/?&

World Market Real Estat and Concerns

The Crash and Foreclosures, It’s not going to happen

#2022 #economy #bubble #Crash #TristanAhumada #RealEstate #coach

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