Housing Market Recession
The Federal Reserve just warned that the 2022 Recession is about to get EVEN WORSE. Expect layoffs, bankruptcies, and a big crash in the Housing & Stock Market as the Recession and Economic Collapse play out.
After two consecutive quarters of negative GDP Growth, the US economy is unofficially in Recession.
Housing Market Recession
Meanwhile, 65% of Americans agree that we’re in a Recession. But this is all likely to get much worse as raging inflation, record low consumer sentiment, and increasing interest rates push the US Economy, Housing Market, & Stock Market into collapse.
Interestingly – not everyone agrees that we’re in a Recession. Jerome Powell actually doesn’t think we’re in one yet despite predicting worsening economic conditions into the future. Joe Biden and Janet Yellen don’t believe we’re in a recession either. But given that so many Americans and small businesses believe one is coming – the 2022 Recession will become a self-fulfilling prophecy.
Small Business Optimism is at a near record low. So is Consumer Sentiment. Which indicates that today’s record-low unemployment rate is likely to explode into the future.
There is a perfect storm forming in America. inflation, severe drought in the farm belt, the pandemic, food shortages, diesel fuel costs, and heating fuel shortages, baby formula shortages, shortage of and price of available cars, and the price of housing. It’s all coming together and could lead to real disaster for our economy.
Always keep in mind, that purchasing or selling a home is a major lifestyle decision, and as such, should not be rushed into. So, by all means, if you’re considering purchasing or selling real estate in today’s market, do your own homework and draw your own conclusions! But, also consult with your legal & financial advisors prior to making your moves.
My opinions here are just that, opinions! The fact that I’ve been in the residential real estate market for over three decades, does not mean that my opinions are going to be any more accurate then your mother-in-law’s opinion, though I sure hope they are!
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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
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