Housing Market: Let’s discuss is this a sellers market or buyers market which is it? We will be turning to actual data from RedFin to determine our answer. If you are buying or selling I hope you will find this video helpful.
00:40 Housing Market Update 2022
1:21 More Americans Sitting On Sidelines
2:42 Odds Of Home Price Reduction
3:22 Still A Sellers Market
6:58 Video Summary
▶ VISIT MY VIDEO PLAYLISTS
▶ ABOUT THE .
Subscribe to my channel for wealth building intelligence
Subscribe today –
▶ CONNECT WITH ME
Follow on twitter :
Website + blog :
—– RESOURCES + OFFERS —-
Historic Housing Shortage Shows Signs of Letting Up as Sales Decline.
May 20, 2022 by Tim Ellis
The number of homes for sale shrank at its slowest pace in April since the start of the pandemic. Home sales fell and price growth slowed as soaring mortgage rates prompted more buyers to throw in the towel.
The housing market turned a corner in April as the inventory crunch showed signs of easing. The 9% year-over-year decline in homes for sale was the smallest since March 2020 and the first single-digit drop since the start of the pandemic. While inventory remained at a record low, it fell at a relatively slow pace because soaring mortgage rates tempered homebuyer demand. Home sales slid 8%, the biggest drop since June 2020, which allowed white-hot home-price growth to cool slightly. The median home-sale price rose 16% to $424,000, a slowdown from March’s 17% gain.
Read Entire RedFin Article –
The odds of a home price correction just spiked—this interactive chart shows if your local housing market is at risk.
Read Fortune Article –
More Americans than ever say it’s not a good time to buy a home.
Read CNBC Article –
▶ STOCKS – BONDS – ETF BUYING & TRADING
E*TRADE has lots of ways to make your money work harder. See how we E*TRADE can help you take charge of your finances. –
▶ CRYPTO INVESTING
** BlockFi **
Get up to $250.00 in Bitcoin for funding an account –
** Domain Money ** – Actively Managed Crypto Portfolios –
A seamless and secure platform to invest in both stocks and cryptocurrencies. Earn interest on your assets, borrow against them and spend with a cryptocurrency rewards credit card (coming soon) – all in one place. –
▶ PRECIOUS METALS INVESTING
** Priority Gold ** America’s Precious Metals Dealer Proud partner of The Texas Rangers –
▶ REAL ESTATE INVESTING
** Foreclosure + Pre-Foreclosure Listings **
Get the best real estate deals first, before they hit the mass market.
▶ D I S C L A I M E R S + D I S C L O S U R E S
Opinion not financial advice. Ideas, concepts, and economic conversation.
This content is for education and entertainment purposes only. This description contains affiliate links that allow you to find suggested resources. When you purchase items from these affiliate links Ric Bender may receive compensation. Thank you for support of this channel
KEYWORDS + TAGS
Sellers Market Buyers Market Which Is It? | Housing Market Update, Sellers Market Buyers Market Which Is It?, Sellers Market Buyers Market Which Is It, housing market, redfin housing market forecast 2022, buying a home in a sellers market, buying in a sellers market, how to buy a house in a sellers market, ric bender, ric bender housing market, Sellers Market Buyers Market Which Is It, sellers market and buyers market, when will it be a buyers market, sellers market,buyers market
#RedFin #HousingMarket #HousingMarket2022
▶ SUGGESTED .S
#iallegedly #TheKwakBrothers #reventureconsulting #RebelCapitalist #GeorgeGammon #MHFIN #EconomicNinja #ScottWalters #AltCoinDaily #HerseyFinancial #Sorelleamore #RicBender #FoxBusiness #RichDadPoorDad #GrahamStephan #BiggerPockets #kenmcelroy #neilmccoyward #markmoss #jasonwalter #ryanserhant #jeremiahbabe #canadianprepper #realestatemindset #stevedaria #onerentalatatime #epiceconomist #personalfinance #economiccollapse #economicnews #housingmarket #inflation #redfin #corelogic #marketwatch
#USHousingMarket #housingmarketupdate2022 #CNBC #recession #RealEstate #RealEstateMarket #Zillow
Buyers or sellers market