Is the Housing Real Estate Boom Over?
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 3 December 2018
⏱️ 20 minutes
🧾️ Download transcript
Summary
Learn if real estate markets in the US are cooling off or even cold in 2018.
Home sales are falling and the supply is growing.
"The supply of homes on the market has risen to 7.4 months' worth, the most in over 7 years." - Investor's Business Daily
Looking at formerly hot real estate markets, we can see signs of cooling.
Seattle, Dallas, San Francisco and Denver are showing signs of slowing sales.
The article details the trends: https://www.zerohedge.com/news/2018-11-27/wsj-calls-it-us-housing-boom-coming-end-starting-dallas
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Transcript
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| 0:00.0 | Be wealthy and smart episode 491. |
| 0:02.8 | I'm gonna live no rich life. |
| 0:06.8 | Rich life. |
| 0:07.8 | If y'all know what I mean, put your hands up and declare with me |
| 0:13.6 | Yeah, I'm full of hey hey I'm |
| 0:18.0 | I'm gonna live the good life |
| 0:21.0 | a beautiful and glorious life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.0 | on Be Wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:37.8 | Welcome to Be Wealthy and Smart. |
| 0:39.2 | I'm Linda P. Jones, America's Wealth Mentor. |
| 0:41.4 | Empowering women and men worldwide to financial freedom. |
| 0:44.7 | On today's show we're going to talk about is the real estate boom over? |
| 0:49.8 | And the reason that I want to talk about this is because there have been articles |
| 0:54.1 | coming out about the real estate market cooling and one of those articles was |
| 1:00.2 | in Investors Business Daily the other was in Zero Hedge. |
| 1:04.1 | And today we're going to review the Zero Hedge article. |
| 1:07.0 | But I do want to quote something |
| 1:08.9 | from the Investors Business Daily article |
| 1:11.8 | that says Home sales falling, supply growing. New home |
| 1:16.2 | sales fell to annualized 544,000 in October, their fifth straight decline |
| 1:22.3 | and the lowest level in nearly three years. |
... |
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