Watch the original video: Housing Market Predictions: How the Media Got It WRONG.
⏰ It’s halftime. We are half way through the year and everyone is wondering if the second half of the year going to be anything like the first half when it comes to mortgage rates, real estate, and the economy at large. In this month’s market update, I’ll inform you on what to expect and how you can best support those looking for a home in this economy.
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🙅🏽♂️ The Media was WRONG
🏠 Demand for Homes is Going Up
There is a lack of inventory in this current market and builders have hit the pause button, due to inflation and the history of the ’08 crash. It may take some time for inventory to go up and housing to be more affordable. However, I think we are going to continue to see a steady appreciation rate of home values.
💵 How to Become Financially Independent
A lot of people feeling the pressure of this economy right now, that could’ve bought a home 2 years ago that simply can’t now. So, the biggest thing that I am coaching people on is to how to become financially independent to weather this storm of the current market. Financial tips like, get out of bad debt, live below your means and save money can help prepare individuals to be able to buy a home.
👋🏼 Reach out with any questions.
If you have any questions or concerns, please don’t hesitate to give me a call. I’m happy to help. I hope you and your family are enjoying this summer. Stay cool. God bless.
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