Ep. 209 - 13 Years of Failed Housing Crash Predictions EXPLAINED

28 Oct 2024 • 19 min • EN
19 min
00:00
19:46
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Why Haven't Real Estate Prices Crashed Despite Rising Mortgage Rates? In episode 209, we tackle one of the most debated topics in today's real estate market: why housing prices continue to rise despite increasing mortgage rates. With a deep dive into 13 years of market data from 2012 to 2024, this episode systematically debunks the popular social media narratives predicting a housing market crash and reveals why these predictions consistently fail to be true. Through comprehensive analysis of historical trends and current market conditions, Quinton exposes the misleading information circulating online and provides concrete evidence of real estate's resilience. From the myth of shadow inventory to the impact of COVID-19, this episode offers valuable insights for homeowners, buyers, sellers, and real estate professionals seeking to understand the true state of the housing market. [00:00] - Introduction and Episode Overview [02:39] - Historical Review of Failed Crash Predictions [03:00] - Shadow Inventory Myth and 2012-2013 Market Performance [04:55] - Manufacturing Recession and Bubble High Concerns [07:09] - COVID-19 Impact and Market Response [13:04] - Breaking Down National Data Key Quotes: "Outside of that from 1942 to 2024 you have one year of negativity and it's negative one." - Quinton Harris "If prices follow volume... why haven't the national home prices seen a steep decline or any decline in that manner because volume's down?" - Quinton Harris ______________________ Connect with us: Facebook: https://www.facebook.com/whatsyour1more Twitter: https://twitter.com/whatsyour1more Instagram: https://www.instagram.com/whatsyour1more Spotify: https://open.spotify.com/show/37zPGiz... Loan People: https://loanpeoplejax.com/ Please subscribe, like, and leave a comment to let us know you want to keep the content coming!  

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