Name: What Are the Experts Saying About Our Economy?
Uploaded: 2020-09-04T18:15:17+00:00
Duration: 4 min 49 s
Description: Are you wondering what the 𝐄𝐗𝐏𝐄𝐑𝐓𝐒 are predicting for our 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 ❓⁣ Watch this video to Know what they are saying 📣 We know we started this year stronger than ever. However, due to what is going on,

5 years ago

Are you wondering what the 𝐄𝐗𝐏𝐄𝐑𝐓𝐒 are predicting for our 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 ❓⁣

Watch this video to Know what they are saying 📣

We know we started this year stronger than ever. However, due to what is going on, we are in a high unemployment rate right now, and we know the fed is doing what they can to help us all out. The good news is that we are in a record low interest rate environment, which leads people wanting to buy because they have more purchasing power than they ever had.

Also, more good news is that equity amongst homeowners is strong. According to John Burns Consulting, 42.1% of homeowners own their home free and clear, meaning there is no mortgage on their homes. 16.6% of Americans have between 60 and 99% equity in their homes. Only 7.3% of Americans have less than 10% equity in their homes.

#HoustonRealEstate #HomeRemodeling #NatashaCarrollRealty #Buyers #Sellers #HoustonTx #CypressTx #KatyTx #SugarlandTx

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