A real estate developer Sean Terry is warning that there might be a big problem in the housing market in the next year. He's calling it a "Black Swan" event, meaning it's something unexpected and really bad. He thinks this could happen because the prices of houses are very high right now, and interest rates are also going up. He believes that the government might try to make houses more affordable by raising interest rates, which could cause the prices of houses to come down. He's comparing this situation to what happened in 2008 when there was a big financial crisis. Terry thinks that something similar might happen again soon. He also points out that there is a shortage of houses, which is making it hard for people to buy homes. So, there are some worries about the housing market in the coming months.
HUD Pumps $256 Million Into The Housing Market: https://youtube.com/live/SxzuguAOFEo
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Disclaimer:
All images and additional video segments contained in the Thumbnails and/or B-roll segments are used strictly with the appropriate permissions and licenses required from https://pixabay.com and per the YouTube Partner Program, Community guidelines & YouTube terms of service. As an Amazon Associate, I earn from qualifying purchases at no extra cost to you as a buyer.
LIVE STREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS. Article from the stream: https://www.newsweek.com/when-will-housing-market-burst-black-swan-timeline-1826148
https://markets.businessinsider.com/news/commodities/market-crash-rich-dad-poor-dad-robert-kiyosaki-real-estate-2023-9
https://www.realtor.com/research/august-2023-data/#:~:text=Prices%20in%20San%20Diego%20(%2B,compared%20to%20the%20previous%20year.


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