The Housing Market is as Competitive as Ever Despite Soaring Costs

In the middle of the stock market and crypto meltdown, mortgage rates fell to a 3 week low. It may be that we hit the top, but we'll see.

A pattern has started that when other investments like stocks and crypto get hit, investors flock to mortgage bonds as a place for a safe return.

But, wait, isn't there a recession coming? Won't that mean a housing crisis or crash?

Well, it does not seem like that to investors. 

For example, mortgage delinquencies continue to drop. In fact, according to the leading source of mortgage payment data Black Knight, mortgage delinquencies are 40% lower than last year and at an all-time record low. The run-up in values has allowed most troubled homeowners to either sell or refinance out of trouble already. Zillow's market update, after detailing all the increases in values and mortgage payments, concluded their estimate that homes will appreciate over 11% over the next year again. So, if you are borrowing funds even at 5.5%, if the home goes up at 11%, you are going to enjoy huge appreciation.
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I host two FREE Real Estate Zoom calls every week:

Real Estate Flipping / Investing Focused:
Tuesday 3PM Pacific Time
Link: https://www.eventbrite.com/e/so-cal-real-estate-investment-meetup-tickets-80900334077
Topic: So Cal Real Estate Investing Meetup
This group is for Landlords, Fix and Flip, Traditional and Non-traditional Real Estate Investing, as well as all Real Estate Service Providers (Agents, Title, Contractors, and more.),

Probate Focused:
Thursday 4PM Pacific Time
Link: https://www.eventbrite.com/e/how-to-get-your-first-sale-in-probate-real-estate-tickets-67396261031
Topic: How to Get a Sale NOW in Probate Real Estate

There are lots of programs that promise to help you sell a LOT of homes, but how do you get your 1st sale? As the baby boomer ages, the number of homes being passed on to heirs continues to increase. I'll share with you 11 different ways that I have generated a listing or buyer sale that do not cost you any money.