“Housing Recession”

Are you ready for a housing market panic? [DWR Logo]( June 14th 2024 Hi Reader This is going to sound ominous. Fast Company has just declared a “housing recession.” Fitch Ratings recently said its housing market study concluded with houses being overvalued by 11%. Everywhere you look there’s a correction in real estate coming. Again, it all sounds bad. Although it’s not ideal overall, there are nuances here that are going to present some opportunities with extremely high probability of success. Let’s break it down. The U.S. housing market, as a whole, has seen 10-15 years worth of appreciation packed into about three years. A levelling off is inevitable. And that levelling off is already hitting some of the hottest markets. Look at this chart of the current listings in the once-hot Phoenix market: [housing recession] Investors are back up to pre-pandemic levels. That’s a major change for a market that exploded. It’s going to put a cap on appreciation in Phoenix and could even lead to a decent correction in prices. But it’s just one market though. Nationwide, housing is almost as bullish as ever because the housing shortage isn’t closing at all:  [housing recession] The shortage is so bad it could take a decade or two to get right…if it ever does.  Go back to the last deficit in the 1990s. That shortage was 1/6th the size of the current deficit and still took five years to work out. At the same rate it would take 30 years to get back to equilibrium today. That’s why we’re not worried about the housing fears. They’re temporary. Single family housing remains a structural undersupply and will be for years to come - probably decades. That’s bullish and will make any panic a good buying opportunity. [Click here to read more about the “Real Housing Crisis.”]( [Read More Button]( Dynamic Wealth Research 2010 West Avenue K #623 Lancaster, California 93536 We are sending this message to {EMAIL}. [UNSUBSCRIBE]( | [PRIVACY POLICY](