7.5% Mortgage Rates will Crash the Housing Market
Mortgage rartes are surging again north of 7%. Which will cause the Housing Crash to get worse in the second half of 2023.
Homebuyers in America now need to spend nearly $3,000/month on their payments when they buy a house. That's not sustainable. Both prices and mortgage rates need to go down.
Watch out for suppressed homebuyer demand in the second half of 2023 to begin to be mixed with distressed selling from investors. That's a combination which could increase inventory and drive prices down.
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
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Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео 7.5% Mortgage Rates will Crash the Housing Market канала Reventure Consulting
Homebuyers in America now need to spend nearly $3,000/month on their payments when they buy a house. That's not sustainable. Both prices and mortgage rates need to go down.
Watch out for suppressed homebuyer demand in the second half of 2023 to begin to be mixed with distressed selling from investors. That's a combination which could increase inventory and drive prices down.
---
REVENTURE APP: https://www.beta.reventure.app/dashboard
JOIN as a CHANNEL MEMBER ($5/Month): https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео 7.5% Mortgage Rates will Crash the Housing Market канала Reventure Consulting
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