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The TRUTH About The HOUSING MARKET 2024
I’m one of the few, who has been saying for the last 3 years that there will NOT be a HOUSING MARKET CRASH.
I took some time, 4 months for this video because I wanted to show real honest perspective. For several years we have been warned, it seems daily about a housing CRASH. it's been The dominant story in real estate news, and has included variations like CRASH, CRISIS, or other scary words in all capitals. Did it happen and I missed it? Is it coming?
Look at some of these BS headlines:
- "These 4 cities will suffer a 2008 crash in home values: Goldman Sachs"
- "4 in 10 consumers expect housing market will crash, survey finds"
- "National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed"
- "Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say"
There were probably hundreds of doomsday articles in 2022-23 like these that turned out to be completely wrong. In this video, I break down the top 5 fundamental reasons why they were all wrong. You’ll see clearly why US home prices will continue to appreciate this year, and for years to come. And, for those predicting a wave of foreclosures… you’ll be waiting a long time.
Call, text, or email me with any thoughts or questions.
702-239-8400
RandySellsLV@gmail.com
Referenced articles and graphics:
https://nypost.com/2023/01/24/goldman-sachs-sees-a-crash-for-home-values-in-these-4-cities/
https://wtop.com/business-finance/2022/12/many-consumers-expect-a-housing-market-crash/
https://sports.yahoo.com/national-home-prices-further-fall-162353621.html
https://fortune.com/2023/02/14/housing-market-home-price-forecast-update-zillow-29-models-2023-2024-real-estate/
https://markets.businessinsider.com/news/stocks/elon-musk-tesla-spacex-twitter-house-prices-commercial-real-estate-2023-5
https://finance.yahoo.com/news/housing-market-near-inflection-point-000543894.html?guccounter=2
https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/
https://www.prnewswire.com/news-releases/coldwell-banker-uncovers-why-international-buyers-dream-of-owning-us-real-estate-301764542.html
https://markets.businessinsider.com/news/stocks/housing-market-house-flipping-profits-home-prices-investors-real-estate-2023-9
https://markets.businessinsider.com/news/commodities/home-prices-housing-market-forecast-mortgage-rates-corcoran-shark-tank-2023-8
https://fortune.com/2023/08/27/housing-market-bullish-2024-home-price-forecast-from-zillow/
https://fortune.com/2023/03/31/housing-market-starter-home-is-going-extinct-a-renter-society/
https://awealthofcommonsense.com/2023/05/the-housing-market-lottery/
https://markets.businessinsider.com/news/commodities/housing-market-homeowners-equity-trillion-lendingtree-house-prices-value-rates-2023-8
https://fortune.com/2023/08/19/housing-market-institutional-homebuyers-wont-stay-sidelined-forever-home-prices-mortgage-rates/
Disclaimer:
Randy Milmeister is not a practicing tax accountant, attorney, or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only. Randy Milmeister is a licensed real estate Broker-Salesman with Keller Williams in Nevada Lic.# 64289
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