The chief economist at the National Association of Realtors has declared the housing recession “essentially over.” A dip in mortgage rates and an uptick in home sales appears to be enough to declare the battle on affordability a win.
#realestateupdate #realestatenews #housingmarketupdate
This echoes recent reports from Redfin and other media outlets that the housing market has bottomed. Meanwhile, Florida and other areas are caught in the crosshairs. Today we discuss all this and more.
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Article Links:
1- https://www.bankrate.com/real-estate/is-the-housing-market-about-to-crash/
2- https://www.marketwatch.com/story/delinquencies-are-up-as-credit-card-debt-hits-a-record-1-08-trillion-millennials-are-driving-the-increase-23dc2183
3- https://www.pewresearch.org/short-reads/2023/02/14/facts-about-the-us-national-debt/
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🔴DISCLAIMER: Ben Grieco is not a Lender, CPA, Attorney, or Financial Advisor. This Youtube channel is intended for entertainment purposes only and my opinions are my own. The owner of this channel, Ben Grieco, makes no representations as to the accuracy of any information on this site, contained within the video, or available in comments. None of the opinions presented are, nor should they be taken as, financial, legal, tax, or investment advice. Please consult a financial or legal professional before investing. The information on this channel does not substitute consultations with local real estate agents, mortgage brokers, insurance brokers, financial advisors, or lawyers. The information provided is subject to change. All content written, spoken or implied is for entertainment purposes and deemed to be accurate, but not guaranteed. It is your sole responsibility to verify any and all information for accuracy and correctness.
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