October 16, 2024

BAD NEWS for US Housing Market

Millions of Americans are QUITTING their jobs.

This is BAD NEWS for the 2022 Housing Market. New data from the BLS JOLTS Survey shows that 4.5 Million Americans QUIT their jobs in November 2021. That’s a new record!

BAD NEWS for US Housing Market

BAD NEWS for US Housing Market - San Diego 4Br view home for sale

Why are these people quitting? Well, there’s a lot of job openings and economy opportunity right now, particularly in states like Texas, Idaho, Colorado, and South Carolina. That allows workers to take risks, change their careers, and start new businesses. All GOOD THINGS for America’s Economy and Society in the long-run.

But not so good for the US Housing Market, and the sustainability of sky-high home prices in 2022. People quitting their jobs usually means a temporary dip in income, spending savings, and likely a more difficult time qualifying for a mortgage loan. Starting a business and self-employed? You’ll need two years of consistent income to get a loan and buy house.

Moreover – those that quit their jobs likely aren’t looking to buy a house to begin with. Someone changing their career or starting a new business is unlikely to want to burden themselves with a big mortgage, reducing their flexibility. I myself am one of these people.

A society with more people quitting and becoming entrepreneurs is a society that will favor renting, not buying a home.

There’s also the talk about 18% of home sales being sold to investors…which, could be a sign that people are worried about rising inflation and want to hedge their position with low interest rate real estate…but, it could also just as easily be a sign that investors are buying properties for the sole purpose of fixing them up, and then immediately re-selling them back to an owner-user in a highly competitive market… so, who knows to what extent investors are really buying properties.

#######

San Diego Real Estate Website for sale

www.brokerforyou.com *** This 24 year old San Diego real estate website is for sale! Also, aged real estate sites in many California cities are for sale.

Over 28,000 average monthly unique visits to Brokerforyou.com in the last six months.

*NO you are NOT just getting a super San Diego URL, but, 24 years of great San Diego centered residential real estate content! Plus, great search engine rankings and most important, a HUGE amount of unique monthly visitors! If can’t see the very unique potential, perhaps you should save your time and NOT review the information below.

brokerforyou.com for sale

brokerforyou.com for sale

www.brokerforyou.com is 24 Years old! The vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm.

There is also another undisputed factor in the ranking of websites. That factor, is the amount of unique specific content published on the website. So, it’s pretty hard for a two year old or a five-year-old or for that matter a 10-year-old website out rank a 24-year-old website that has 2 to 4 times the content.

San Diego real estate opportunity  www.brokerforyou.com is for sale! if your real estate broker in San Diego California or thinking of expanding your brokerage business into San Diego, purchasing www.brokerforyou.com to give you a huge boost in becoming a player in the residential San Diego real estate market.

Sure as a real estate professional in San Diego California, you most probably have a website. But take a look at it take a look at the traffic you’re generating from that website. From my own analysis the majority of San Diego real estate websites just generate a couple of hundred unique views per month. To even have a chance of gaining one new client you need tens of thousands of unique views.

Brokerforyou.com is for SALE

Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65  billion! YouTube now operates as one of Google’s subsidiaries.

www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!

What’s the approximately monthly cost to host a website?  With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month!  Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.

Interested, call Bob Schwartz (619) 286-5604 for additional information