Inside the Housing Market's Shocking Price Cuts and Inventory Boom | 1312

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 11 July 2024

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are you hearing that the housing market is seeing more price cuts while inventory surges? With 38% of listings cutting their asking prices and inventory up 40% from last year, the market is undergoing significant changes. Tune in as we uncover the real reasons behind these trends and what they mean for you as an investor. In this episode, we delve into rising mortgage rates, slower sales, and the resulting increase in housing inventory. Discover how every state, even the Northeast with a 35% inventory rise, is impacted. Learn about new listings, pending home sales, and the "downside stickiness" in home prices that’s causing a reluctance to lower prices despite increased supply. Price reductions are up, indicating weaker demand. But for private real estate investors, this means emerging opportunities! Find out how to navigate this shifting landscape and make informed investment decisions. Whether you're looking to snag a deal or understand the best timing, this episode is packed with insights you can't afford to miss. And if low capital is holding you back, learn about the "Bezos Blueprint," a transformative 0% interest funding path supported by major banks. Visit http://NoCostCapital.com for more details. P.S. Whenever you're ready to go deeper and further with your real estate investing, looking into my partner program to help you get your first deal might be the move... take the first step here for free 👉 https://epicearnwhileyoulearn.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Terrio Media.
0:05.0	Hey, strap in.
0:07.0	It's time for the epic real estate investing show.
0:10.0	We'll be your guides as we navigate the housing market, the landscape of creative financing strategies
0:15.0	and everything you need to swap that office chair for a beach chair.
0:18.7	If you're looking for some one-on-one help, meet us at re IAS s.com. Let's go let's go let's go let's go let's go let's go
0:26.8	let's go let's go let's go let's go let's go let's go let's go let's go.
0:27.6	So what do you hear out there that the housing market is seeing more price cuts
0:31.0	while inventory surges I'm hearing it too because the market is seeing more price cuts while inventory surges, I'm hearing it too, because the market is seeing
0:35.0	some big changes right now. 38% of all listings, this isn't limited to just one area.
0:41.9	38% of all listings are cutting their price. And today
0:45.6	we're diving deep into what's really happening behind the scenes and what it
0:49.5	means for you as an investor. And if you happen to be an investor that's frustrated with low or
0:55.3	insufficient capital, the Basel's blueprint offers a transformative path to 0% interest
1:00.7	funding. It's a secret business funding program just for real
1:03.6	estate investors looking for helping hand backed by Chase, Wells Fargo and Bank of
1:08.0	America. Visit no cost capital.com for details. Now the housing market's recent trend is moving in the
1:15.7	direction that we'd typically expect to see this time of the year as we exit the
1:19.8	spring buying season and we enter into a slower summer. We see that every year it's routine
1:24.8	nothing to be totally alarmed about but the inventory of unsold homes in the US has jumped
1:29.7	40% compared to last year. So what's causing this inventory surge,
1:33.9	what's causing the price cuts, and how does it affect you?
	...

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