July 14, 2024

2022 HOME PRICE CRASH

Today, home Prices are Crashing across America. But how much will they decline in your city? This video, and a metric called P/E Ratio, answers the question

Fed Head Jerome Powell just announced that the Housing Market needs to go through a Correction. Yet another sign the 2022 Housing Crash is about to get even worse.

2022 HOME PRICE CRASH

2022 Housing Crash

Jerome Powell is aggressively increasing interest rates at the Fed and the result is that Mortgage Rates have now surged all the way to 6.7%. That’s the highest level in 15 Years and a sign that Americans simply can’t afford to buy homes. In fact – they can’t even quality for Mortgages.

I believe the Housing Markets that will Crash most from these Powell Rate Hikes are ones like: Austin, TX Dallas, TX Miami, FL Tampa, FL Atlanta, GA San Diego, CA Home Prices in markets like Austin, Miami, and Atlanta have surged way above what locals can afford. And thus some combination of Home Price Declines and Wage Growth is needed to return affordability and homebuyers back into the market.

2022 HOME PRICE CRASH

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