Surviving the Housing Market | 1-Minute Market Update w/ Martin Perdomo
Are we living in a time where housing affordability is on the brink of extinction? As we take a deep dive into the latest Housing Market Data from Redfin, some ominous signs emerge – a dip in mortgage purchase applications and a surge in the median asking price for newly listed homes. We explore these bewildering times where the American dream of home ownership seems to be drifting further away from the median family.
We address the elephant in the room - the alarming number of U.S. families sliding below the qualification standards for a sizeable loan. Amidst these challenges, we also touch upon the skyrocketing government debt and the looming reset of $1.5 trillion of commercial debt. As we traverse through this complex landscape, we firmly believe that adversity breeds opportunity. So join us, as we seek to identify these hidden opportunities and prepare you for what lies ahead in the housing market.
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