Has the 2021 housing market crash begun? To get a better idea, we’ll have to take a look at the supply and demand. Specifically, it’s important to know the effect that these two forces have on the housing market.
The National Association of Realtors reported last week that pending home sales nationally DIPPED 2.8% from December 2020 to January 2021.
With interest rates just now coming off record lows and so many people on the move out of crowded and suppressed cities into open suburbia and rural areas, how can that be?
There are many factors at play, and they are changing and evolving by the day. It’s not clear as to exactly what’s happening and whether or not it will lead to a 2021 housing market crash, but something IS happening. The market is on the move!
To capitalize on this housing crisis, real estate investors must understand how SUPPLY AND DEMAND are running the market.
Timestamps:
1:08 – How both the supply and the demand at any given moment affect the housing market.
2:28 – Why the balance of supply vs. demand may never correct itself.
3:10 – Why holding is an extremely low risk, high reward investment compared to selling.
4:14 – Supply and demand factors you should look out for, and what they mean for a potential 2021 housing market crash.
10:02 – The key factors that will have an immediate effect on supply.
11:28 – The key factors that will have an immediate effect on demand.
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The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Matt Theriault is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicles.