JP Morgan: Prepare For Rate SHOCK WAVE to Unwind Housing Market and Risk Assets

#housingmarket #homeprices #economy

JP Morgan: Prepare For Economic Rate SHOCK to Unwind Housing Market and Risk Assets

*********** Video Breakdown ***********

The 2023 housing market is continuing to idle out, with inventory at record low levels, it's a surprise that prices are basically flat (nationwide). We're currently ~50% short on available supply compared to pre-2020, but what happens when supply begins to normalize, what would happen to home prices then? Make sure to watch the video to find out!

We also look at a new warning sent out by JP Morgan about the risk to the US economy, risk assets, and the real estate market. A new report they published directly compares the current economy to the run-up to the great financial crisis. Breaking it down in detail why subprime real estate is not the vulnerability in the market, but that does NOT mean there isn't one. When you have banks tightening lending conditions like they've been, and the fastest rate hikes in history, with interest rates increasing over 2000% since their pre-2020 lows, it is likely that something will break.

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ABOUT RJ:

In 2012 I built Snapforce CRM, a software as a service application to compete with Salesforce, which was very expensive at the time. Since then, our user base has expanded to over 65,000 users in 12 countries. Our largest customer's are mortgage companies and debt shops, who use our software for their sales process, and to check customer's credit in real time.

With the type of clients we cater to, I decided to launch Snapforce Real Estate Insights last year, a peripheral software as a service product. It integrates directly with the big 3 real estate brokerages, to present their housing data in a digestible way, using our interactive maps and reports.

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*********** DISCLAIMER ***********

I am NOT a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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