Warren Buffett: The Warning Signs of Turbulence in the Real Estate Market "HOLD YOUR CASH"

Warren Buffett: The Warning Signs of Turbulence in the Real Estate Market "HOLD YOUR CASH"

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Warren Buffett: The Warning Signs of Turbulence in the Real Estate Market "HOLD YOUR CASH"
This video will dissect Buffett's warning for homeowners, investors, and the real estate troops on the frontline, leaving you with a fresh perspective.

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For years,
the real estate market has been an oasis for investors seeking shelter from the stormy seas of uncertainty.
But now,
Warren Buffett, a billionaire and the undisputed guru of savvy investment moves, predicts a brewing storm in the real estate market.
After a period of strong home sales and rapidly increasing home prices,
the housing market has significantly slowed down;
This is mainly due to a surge in mortgage interest rates:
The rate rise began in March 2022, when the 30-year fixed rate exceeded 4%.
Throughout 2023,
the 30-year fixed rate has remained around the mid-6% range.
Because interest rates are now more than double what they were in 2020 and 2021, and there is a sharp decrease in buyer demand, home prices have also started to decrease.

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