US Housing Hits 2021 in a Massive Bubble. Affordability Crisis Worst in 12 Yrs. As we move into the New Year, it is clear to see that the Housing Market is suffering from an Affordability Crisis. Home values have recently risen Year over Year by double digits and the increase has out paced wage growth, making the American Dream unattainable for the many first time and other potential Home Buyers. Will 2021 bring changes in the Housing Market? We will have to wait and see.
This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.
Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, Real Estate Investing, and the current situation associated with the Eviction and Foreclosure Sale Moratorium.
Today is January 4th and Randy will discuss the following topics:
Affordability Crisis Worst in 12 Years
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If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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I am not an attorney, financial planner, CPA or tax advisor. This channel merely provides opinion, commentary and summarizes data and information that is readily available to the general public regarding the Housing Market. I advise you to seek tax / legal / professional counsel and for everyone to do their own due diligence prior to making any significant decisions or purchases regarding real estate or other investment matters.
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