Is the Housing Market About to Flip? NEW Reports

Selling Real Estate
Is the US real estate market starting to cool off? Is relief on the way for homebuyers? In today’s video, I share more reports that may demonstrate that we are past peak levels of this hot real estate market.

Get Connected To a GREAT Real Estate Agent in Your Area

Jason

Or, email me if you’re looking to buy or sell a home in the greater Sacramento area (w/n ~30mn drive from Sacramento): jason@meetjasonwalter.com

Realtor.com posted that our hot housing market may be behind us as they are started to see a slow down in our real estate market from peak levels.

To add to that, Redfin announced that pending home sales are still increasing but the rate is slowing down. In addition, active listings have started to creep up from peak lows this year.

On top of this, the National Association of Realtors (NAR) reported that existing home sales have declined for 4 consecutive months despite inventory of existing homes increasing for 3 months in a row.

Additionally, new home sales have now fallen to their slowest pace in a year – a drop of 5.9% from April. In addition, new housing inventory has increased for SEVEN straight months per the Census Bureau’s most recent report.

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr FRM decreased to 3.20% today for the current mortgage rates. This is mixed news if you’re a homebuyer right now or if you’re a homeowner looking to refinance.

Comment below: what’s your housing market 2021 forecast and housing market forecast 2021? Do you think a housing crash 2021 will happen and there will be a housing crash due to a housing bubble, a 2021 housing market crash 2021 or are your housing market predictions that the real estate market 2021 and home prices 2021 will continue to surge?

———————————————————————————-
Products I use and like: ad
My webcam https://amzn.to/2QZMFZt
Clickfunnels https://bit.ly/2GvfNWp
Tubebuddy https://www.tubebuddy.com/jason808
Virtual Assistants https://bit.ly/3lYRujQ
AWeber https://bit.ly/3jRO7JY

Get 50% off Housingwire + (HW+) by using the coupon code: Jason50%off

My no. 1 recommendation for real estate licensing in California (the same course I took): ad
https://bit.ly/2EUYLRq

***
Jason Walter, CPA (lic 103885)
Sacramento Realtor/Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
jason@meetjasonwalter.com
Follow me on Instagram ➜ @SacramentoRealtor

*** FREE Sacramento Area Home Buyer Guide ➜ https://bit.ly/2YjUnTJ
*** FREE Sacramento Area Home Seller Guide ➜ https://bit.ly/2x1uqZF

➜➜➜ 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

More of My YouTube Videos:

Why Aren’t Home Prices Dropping? Housing Market 2020

BEWARE – Why I Cancelled My Mortgage Loan Forbearance Offer

Mortgage Loan Forbearance Update (5 MAJOR CONS of Mortgage Loan Forbearance & More):

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

➜ PLAYLIST: My 5 Favorite Areas Near Downtown Sacramento:
https://bit.ly/2FNHTbT

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 Realtor with Realty One Group in California under DRE 01923240.

#housingcrash #housingmarket #realestate

Products You May Like

Articles You May Like

WORST HOUSE FLIP EVER ! A REAL ESTATE FLIPPER’s WORST NIGHTMARE ! REAL ESTATE FRANCHISE
4 Critical Asset Protection Strategies For An Economic Downturn
UK property demand slides 44% after market-rocking mini-budget, study shows
Housing Market Rebound in 2024? Fannie Mae’s NEW Housing Market Forecast
How Atlanta’s growing economy burned low-income renters and homebuyers

Leave a Reply

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