Tonight, we’re diving into the depths of today’s bewildering real estate world. First, we shed light on the chilling tale of the ‘Creepy Condo Caller,’ raising questions about safety and professionalism in our industry. Then, we scrutinize the shocking housing price jump in upscale neighborhoods – think buying a house for $685k in 2018 and listing it for $1.4 million today. Is this sustainable or are we heading towards a housing bubble?
We also explore a surprising trend among Gen Z, with a staggering 60% reportedly doubting the traditional mortgage route to homeownership. What alternatives are they considering? Renting forever or perhaps turning to Bitcoin?
And finally, we wade into the Twitterverse where speculation about investors fleeing the US housing market and soaring credit card debt has everyone on edge. Are these alarm bells or just false alarms? And let’s not forget the infamous debt ceiling – a formality or a ticking time bomb?
Tune into our livestream tonight as we dissect these topics, share insights, and discuss the complexities of the real estate market. You won’t want to miss it!
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Mortgage Rates came in at 6.95 percent on a 30 year fixed today.
Creepy Condo Listing Warning
Home prices in 2018 versus now….695,000 to now 1.4 million!
On the Twitter
Nick Gerli
https://twitter.com/nickgerli1/status/1663952603724611584?s=43&t=QlG4CVfHOkSxxiBKIDu40g
The Kobeissi Letter
https://twitter.com/KobeissiLetter/status/1664098178839216128
Darth Powell
https://twitter.com/GRomePow/status/1664097122952835072
Darth Powell
https://twitter.com/GRomePow/status/1664089727417602055
Michael Burry Stock Tracker
https://twitter.com/burrytracker/status/1664031977861795841
Real Estate News and Commentary
60 Percent of Gen Z do not believe taking out a mortgage is the best home buying option?
https://news.yahoo.com/60-gen-z-not-believe-155308829.html
Drop me a line @ media@deerwoodrealtystl.com
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