Selling Real Estate

Here’s What They’re NOT Telling You About the US Housing Market!

Home prices have been falling in the US over the last 4 months already. For example, the median sold price in the US has been falling since June of this year and based on my analysis, home prices have been dropping at a faster pace than what we’ve seen for over a decade.

Also, existing home sales (at a seasonally adjusted annualized rate) fell 28% on a year over year basis. October’s annualized rate of home sales of 4.43M is the lowest level since December 2011 (excluding the onset of the pandemic – May 2020). Meanwhile the months’ supply of unsold inventory was 3.3 months. This is according to a new report and data from the National Association of Realtors (NAR).

➜➜➜ Get Connected To a GREAT Real Estate Agent in Your Area

Jason

Compilation of Housing Market Forecast videos:

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6.6% for the current mortgage rates (at the time of filming this video for those with excellent credit).

Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?

———————————————————————————-
Products I use and like: ad
Tubebuddy https://www.tubebuddy.com/jason808
Virtual Assistants (video editing) https://bit.ly/3lYRujQ

***
Jason Walter, CPA (lic 103885)
Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
jason@meetjasonwalter.com

➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜
To never miss a video about personal finance & real estate related topics, please subscribe & then hit the bell notification here ➜ https://bit.ly/31kAR73

➜ PLAYLIST: Videos about Living in Sacramento
https://bit.ly/2TkXZSh

Moving to Sacramento? Top 10 Reasons to Move Here:

5 Pros & Cons of Living in Sacramento:

Royalty Free Music from Bensound

Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. 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.

This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent with Realty One Group in California under DRE 01923240.

#homeprices #Realtor #housingmarket

Products You May Like

Articles You May Like

3 Flaws of BRRRR
United Furniture owner who fired all staff has $24M in real estate assets
U.S. to backstop mortgages over $1 million for first time
Mortgage demand falls again even as rates sink further
Castle with ties to Old Hollywood outside Manhattan lists for $1.64M

Leave a Reply

Your email address will not be published. Required fields are marked *