Real Estate Crisis: Home Sales Drop to 1978 Levels

Existing home sales have plummeted to levels not seen since 1978!

What does this mean for the future of the real estate market?

Join me as we dive into Goldman Sachs' predictions for existing and new home sales through 2027.

What's the good news of this for Fort Wayners?

Is a rebound on the horizon or will the recession continue to hit hard?

Find out in our latest video!

#RealEstate #HomeSales #1978Recession #GoldmanSachs #MarketTrends #HousingMarket #RealEstateInvesting #PropertyMarket #EconomicForecast #RealEstate2027 #HomeBuyers #housingcrisis

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[mikehysell]

I don't care if only 1 house sells a year. Unless it causes sellers to meaningfully drop prices, there's no crash. 3-5% off houses that doubled in price in 3 years isn't a crash or even a correction. It's just more of the same. Looks like you're just getting your channel rolling, you should try being honest about the market, it would certainly make you unique. Not giving you a hard time, just don't need another crash bro. Even if the market is about to crash, that angle isn't sustainable. Give out info about inventive ways to finance a primary residence (not a rental), show people how to dump their AirBnB quick, start a petition to make corporations stay out of single family residences, dig into specific markets each week, or whatever. Best of luck!

[williamjarvis]

Deflation badly needed if young people are ever going to buy homes.

[andynewfriends]

I'm not mad with individuals who took advantage of the situation in order to make money. What bathers me, people not realizing they were creating the arficial inflated housing prize by willing to pay the higher prices, even above asking price. A house is worth what you are willing to pay and not what someone tells you to pay.
I would like to know how many peoperties (NOT COMMERCIAL) have been purchased using ARM loan or line of credit? Those individuals are going to panic when their rates are going to go from the lower 3-4% to 6-8%, those are the individuals you can take advantage of.

[rthilson]

Tons of people have sub 3% interest rates no way people trade that for a 7-8% mortgage

[matthewstahler]

Liked the video, but you can probably lower the volume of that whoosh effect by about 60%