Home Prices Will Drop In 2020-21 + The Data To Prove It!
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With 8%+ of loans in forbearance, 32%+ residents either making late or no payments - everyone is wondering - When Will Home Prices Drop? Today I've compiled data that will prove that home prices will likely fall in late 2020 and in 2021. Much of the data lines up with 2006-2009 data, which is when home prices collapsed at a record rate. As the government eases restrictions on foreclosures and evictions, expect them to surge in the coming months.
Below are all the links used to compile data for the video:
Nationwide:
Evictions: https://www.thenewsstar.com/story/news/2020/07/07/louisiana-renters-face-eviction-avalanche-when-covid-protections-expire/5389773002/
28M+ Homeless: https://www.cnbc.com/2020/07/10/looming-evictions-may-soon-make-28-million-homeless-expert-says.html
Unemployments + Homeless: https://community.solutions/analysis-on-unemployment-projects-40-45-increase-in-homelessness-this-year/
32% Households Are Late/Not Paying Rent: https://www.cnbc.com/2020/07/08/32-percent-of-us-households-missed-their-july-housing-payments.html
Forbearance Rates: https://www.housingwire.com/articles/forbearance-rate-declines-after-junes-economic-improvements-but-will-it-hold/
Arizona: https://tucson.com/news/local/tucsons-housing-network-braces-for-pending-tsunami-as-arizona-eviction-moratorium-nears-its-end/article_34303ae0-2ef8-5082-bc04-b2edbf02bd9a.html
AZ Housing: https://housing.az.gov/sites/default/files/documents/files/AZ_Housing_At_a_Glance_%202019.pdf
Las Vegas Review Journal: https://www.reviewjournal.com/investigations/eviction-cases-are-down-for-the-first-time-in-10-years-heres-why-1939424/
Guinn Center Research: https://www.8newsnow.com/news/local-news/guinn-center-report-more-than-250k-nevadans-at-risk-of-eviction-by-september-2020/
Michigan Court: https://courts.michigan.gov/News-Events/press_releases/Documents/L-T%20Order%20Media%20Release%206-9-20_FINAL.pdf
Missouri: https://www.ozarksfirst.com/top-stories/study-finds-1-5-of-renters-in-missouri-at-risk-of-eviction-housing-problems-extend-nationwide/
Wisconsin: https://www.jsonline.com/story/news/investigations/reports/2020/06/15/evictions-milwaukee-and-wisconsin-jump-over-40/3177897001/
Видео Home Prices Will Drop In 2020-21 + The Data To Prove It! канала The Investor Channel
With 8%+ of loans in forbearance, 32%+ residents either making late or no payments - everyone is wondering - When Will Home Prices Drop? Today I've compiled data that will prove that home prices will likely fall in late 2020 and in 2021. Much of the data lines up with 2006-2009 data, which is when home prices collapsed at a record rate. As the government eases restrictions on foreclosures and evictions, expect them to surge in the coming months.
Below are all the links used to compile data for the video:
Nationwide:
Evictions: https://www.thenewsstar.com/story/news/2020/07/07/louisiana-renters-face-eviction-avalanche-when-covid-protections-expire/5389773002/
28M+ Homeless: https://www.cnbc.com/2020/07/10/looming-evictions-may-soon-make-28-million-homeless-expert-says.html
Unemployments + Homeless: https://community.solutions/analysis-on-unemployment-projects-40-45-increase-in-homelessness-this-year/
32% Households Are Late/Not Paying Rent: https://www.cnbc.com/2020/07/08/32-percent-of-us-households-missed-their-july-housing-payments.html
Forbearance Rates: https://www.housingwire.com/articles/forbearance-rate-declines-after-junes-economic-improvements-but-will-it-hold/
Arizona: https://tucson.com/news/local/tucsons-housing-network-braces-for-pending-tsunami-as-arizona-eviction-moratorium-nears-its-end/article_34303ae0-2ef8-5082-bc04-b2edbf02bd9a.html
AZ Housing: https://housing.az.gov/sites/default/files/documents/files/AZ_Housing_At_a_Glance_%202019.pdf
Las Vegas Review Journal: https://www.reviewjournal.com/investigations/eviction-cases-are-down-for-the-first-time-in-10-years-heres-why-1939424/
Guinn Center Research: https://www.8newsnow.com/news/local-news/guinn-center-report-more-than-250k-nevadans-at-risk-of-eviction-by-september-2020/
Michigan Court: https://courts.michigan.gov/News-Events/press_releases/Documents/L-T%20Order%20Media%20Release%206-9-20_FINAL.pdf
Missouri: https://www.ozarksfirst.com/top-stories/study-finds-1-5-of-renters-in-missouri-at-risk-of-eviction-housing-problems-extend-nationwide/
Wisconsin: https://www.jsonline.com/story/news/investigations/reports/2020/06/15/evictions-milwaukee-and-wisconsin-jump-over-40/3177897001/
Видео Home Prices Will Drop In 2020-21 + The Data To Prove It! канала The Investor Channel
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