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VisualMod t1_ja8jfbp wrote

Reply to Baghdad Powell by cbusoh66

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billm0066 t1_ja8ir67 wrote

Reply to US Pending Home Sales Surge 8.1%, Most Since June 2020 — Bloomberg by cbusoh66

BuT THe MaRKetS GuNNa CRASH!!!!!

Lets put things into perspective.

2007 before the crash there were 4 million homes for sale

2023 there is less than 1 million

Real estate is not crashing this time. No arms, little inventory, good credit, low dti, tons of equity, low rates. 10% unemployment will barely make a dent to real estate. Dont bet against real estate. Buy when rates are high if you can afford it, and refi in a few years when rates come down. If rates come down below 5.5% real estate will take off again. This is the dip.

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