U.S. Housing Market: 10 Crash Facts vs Fiction | 1398

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 16 December 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, we debunk the myth of an imminent housing market crash by presenting ten compelling reasons why the market remains stable. Key factors include persistently low housing inventory, a strong historical upward trend in home prices, low mortgage delinquency rates, stringent lending standards, and high homeowner equity. The episode highlights localized robust demand in cities like New York, Los Angeles, and Miami, and the predominance of fixed-rate mortgages that buffer homeowners from rising interest rates. Despite economic challenges, Americans' financial resilience continues to support market stability, bolstered by expert predictions of modest price growth. Finally, the significant lack of oversupply in the market diminishes the likelihood of a crash. The overall lesson: the housing market trends upward over time, making it more crucial to be in the market rather than timing it perfectly. Don't miss out on valuable insights and strategies for navigating the current housing market. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Terio Media.
0:04.0	Hey, strap in!
0:06.0	It's time for the epic real estate investing show.
0:09.0	We'll be your guides as we navigate the housing market,
0:12.0	the landscape of creative financing strategies,
0:15.0	and everything you need to swap that office chair for a beach chair.
0:18.0	If you're looking for some one-on-one help, meet us at
0:21.6	rei-aise.com. Let's go, let's go, let's go, let's go, let's go, let's go, let's go. Let's go.
0:28.2	The biggest lie about the housing market crash just got exposed for 10 different reasons.
0:35.5	Reason number one, persistent low housing inventory.
0:38.3	There are simply not enough homes to go around.
0:41.3	I mean, imagine a game of musical chairs with 10 players, but only six chairs.
0:46.3	When the music stops, chaos ensues.
0:48.3	That's the current housing market in a nutshell.
0:51.3	Inventory levels are hovering around 1.8 million homes,
0:55.2	far below the 2.25 million. With demand crushing supply, prices are staying strong and even rising.
1:02.9	Now, I know if you're noticing prices fall in your market, it just means they're going up in
1:07.9	others. That's how averages work. And for a market to crash, you need more houses than people.
1:14.0	But right now, we have more people than houses, and that alone should be enough to expose
1:19.8	the market crash predictions.
1:21.4	But even with that, we're just scratching the surface because there's reason number two,
1:25.6	strong historical upward trend in home prices.
	...

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