How bad will housing get?

This is the pain before the gain [DWR Logo]( June 24th, 2024 Hi Reader A major correction is about to slam the housing market and it’s going to drive away many investors from a big, high-probability win. It’s already starting to get ugly. Florida, Texas, and other hot markets have completely cooled. And, according to recent Department of Commerce data, it could get a lot worse soon. The data shows housing construction activity is collapsing. Housing starts fell to 1.28 million – down 19% and a four year low. Housing permits were also down more than 4%. That’s a sharp drop in the two most important housing activity measures. All of it would normally signal housing demand has dried up at these high prices and a major correction in house prices is coming. But it’s not as scary as the bubble that’s going to grow even bigger because of this. Our favorite housing market chart shows the massive supply gap: [Housing] The gap started to close a bit over the last few years. But with the current construction activity drops, this gap is going to go back to expanding. And when supply goes down and demand stays the same, prices are going to go up (eventually). [Click here to see how the next phase of the housing boom will likely play out.]( [Read More Button]( Dynamic Wealth Research 2010 West Avenue K #623 Lancaster, California 93536 We are sending this message to {EMAIL}. [UNSUBSCRIBE]( | [PRIVACY POLICY](