Housing Market COLLAPSE:60,000 Contracts Cancelled

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In July alone, a staggering 60,000 home purchase contracts were cancelled, marking a significant shift in the housing market. Skyrocketing property insurance premiums and rising property taxes have put immense pressure on homebuyers, forcing many to rethink their purchases. Additionally, unexpected inspection items have added to the financial strain, deterring potential homeowners. Federal Reserve Chairman Jerome Powell's continued stance on raising interest rates has only further cooled buyer enthusiasm, making affordability a major concern. In this video, we'll dive into these critical issues and explore how they are reshaping the real estate landscape in 2024.

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Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.

BerchtwaldEliasEH
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