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🗓️ 4 January 2024
⏱️ 7 minutes
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0:00.0 | Are we about to see a U.S. housing crash? That's what we're going to talk about on today's show. |
0:10.0 | I'm Clayton Morris, longtime real estate investor, and on this channel we teach you to be an intelligent investor. |
0:15.3 | Please subscribe to the channel and let's get into it. So are we going to see a U.S. housing crash? |
0:20.9 | Well the current housing market landscape consists of home prices consistently climbing, high mortgage |
0:25.8 | interest rates and an overall cool down. |
0:28.4 | Everyone is speculating about an impending market crash, but is there actually data to suggest an impending |
0:34.4 | crash that's what we're going to talk about in today's video so let's cut to the |
0:38.3 | chase there's no housing crash on the horizon and simply not happening in my opinion. |
0:44.2 | Now I've shared this before but there are two main reasons why I don't believe a housing |
0:47.6 | crash is imminent. First, there's an incredible demand for properties. |
0:52.1 | There is an incredible demand for properties. |
0:53.0 | There is an incredible demand. |
0:54.5 | The supply and demand equation |
0:56.6 | will not allow a price crash anytime soon. |
0:59.9 | In fact, we have an affordable housing crisis in the United States. |
1:04.1 | Even on the higher end, we don't have enough higher end homes. |
1:08.3 | We don't have enough homes, period. |
1:10.7 | But don't just take it from me, Rick Arviello, the head of the mortgage firm New American funding, |
1:16.0 | was just quoted as saying this, you're not going to see house prices decline. |
1:20.0 | There's just not enough inventory." |
1:22.8 | End quote. |
1:24.0 | Okay, he runs a national mortgage company. |
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