Episode 132:
Welcome to the PERFECT STORM in the Real Estate Market!
Today we go beyond the headlines and discuss what is really going on in the real estate markets with Melody Wright, a "boots to the ground" researcher, strategist, writer, and GFC 1 survivor. We take a deep dive on the disparity between the "news" and economic data versus the REALITY of the real estate market with shadow inventory, massive vacancies, creative financing, mortgage delinquencies, potential fraud, home prices, home builders, and more.
The most affordable real estate market may get "cheaper" faster than you think into next year as real estate market is about to get "disorderly." Real estate is very slow moving and regional so we discuss the different regions Melody has visited and seen firsthand as well as a potential time line for the next series of events and catalysts.
Are sales really down with prices up and, if so, where? Where are existing home prices headed if new home prices are lower? It is always about SUPPLY & DEMAND. Can the FED stop what is coming our way? Unlikely...find out what is really going on in real estate!
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➡️Visit Melody's YT: https://www.youtube.com/@m3_melody
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DISCLAIMER: ANY AND ALL INFORMATION (EXPRESSED OR IMPLIED) ON THE RO SHOW, BY ROSANNA PRESTIA AND/OR HER GUESTS IS FOR EDUCATIONAL, INFORMATIONAL AND ENTERTAINMENT PURPOSES ONLY. None of the opinions, suggestions or recommendations expressed or implied should be relied upon as professional advice, may not be suitable for any specific person and are not an endorsement/recommendation. Investing is risky and can result in a complete loss. Please consult with your own investment, real estate, legal, tax and/or any other professional advisers. From time to time, Rosanna Prestia and/or her guests may hold positions/interests in securities or investments.
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