IsThere a Housing Bubble and Will We See a Recession?
We've again been flooded with headlines on the impending doom of a housing market crash. As homebuyers right now, it can be hard not to fall into the trap of waiting. I get it. There's a flood of information being thrown at you, but this video will help cut through the noise.
First, there is NO bubble. We simply have too much demand, insane equity built up in our homes and a HIGHLY QUALIFIED pool of buyers entering the market.
Second, a recession is OK. A recession is defined as 2 consecutive months of GDP Decline... that's it. As prices of everything continue to rise, consumers will start to make decisions; spending less, saving more, pushing GDP down. This will allow the supply we all desperately crave to CATCH UP to demand, giving buyers more options!
Third, a Refinance is your best friend. We don't know exactly what the market will do tomorrow, or one week from now, or a few months from now! Lock in the here and the now, and start building long-term wealth through real estate.
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