The Fate of 2024's Housing Market | 1292

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 8 February 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are you ready to dive deep into the tumultuous waters of the 2024 housing market? In this episode, we dissect the looming crash, exploring both the challenges it presents and the opportunities it unveils. Our expert speaker takes a methodical approach, analyzing key factors such as affordability, unemployment rates, and the looming specter of recession. But fear not, for amidst the uncertainty lies potential. With whispers of interest rate cuts and a delicate balance in inventory, there's hope for savvy investors and homebuyers alike. Discover actionable strategies to weather the storm, whether you're a seasoned real estate pro or a first-time buyer. From securing a 30-year fixed interest mortgage to building your emergency fund, we've got you covered. It's time to navigate the choppy seas of the housing market with confidence and clarity. Tune in now and seize the opportunity to turn crisis into triumph. Your path to prosperity starts here. 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 Terry O-Media.
0:04.0	By the end of this, you're going to know exactly how the 2024 housing market crash is going to unravel and how you can best position yourself to profit from it.
0:12.0	Because depending on who you ask, 50% of the... you can best position yourself to profit from it.
0:12.6	Because depending on who you ask, 50% of the people think it's only going to keep going up,
0:17.3	and 50% of the people think it is going to crash.
0:19.8	But I think it's actually going to play out a little bit differently and I've got
0:23.6	evidence to support it.
0:24.7	Hey strap in it's time for the epic real estate investing show
0:30.1	you'll be your guides as we navigate the housing market, the landscape of creative financing
0:34.9	strategies and everything you need to swap that office chair for a beach chair.
0:39.3	If you're looking for some one-on-one help, meet us at re I-A-S-C-C-C-C-C-O-O-L-O-L-S-O-L-S-G.
0:47.0	Let's go!
0:48.0	Let's go!
0:49.0	Now before we can know where the market is headed, you need to understand where we're at currently because
0:53.4	according to realtor.com and their year-end review the state of the housing
0:57.7	market can be summed up in one word frozen last year's market didn't just
1:02.0	slow down it skinned to a halt.
1:04.4	Because of interest rates, they almost tripled from their 2021 low.
1:08.5	Mortgages became more difficult to get and sellers stayed put.
1:11.6	And that's how you get a year with the fewest existing home sales since 1995.
1:16.1	And pending home sales, they hit rock bottom, the lowest since we started keeping score in 2001.
1:22.0	Mind-boggling, considering the US population has grown by 18% since then.
	...

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