The current state of the market every buyer and seller should know.
The war in Ukraine, inflation, and supposed real estate market crash are making homeowners and buyers anxious. Today I’ll share with you my take on this subject by looking back at historical data so you can keep yourself updated on any significant changes that may affect your plans of buying and selling now.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 — Introduction
0:55 — The crisis at the start of every decade from 1980 to 2010
2:21 — The Coronavirus pandemic and its impact on the market
2:53 — S&P 500 from 2009 compared to the present
4:16 — Average homeowner’s net worth versus average renter’s net worth
5:09 — Building wealth through real estate
5:55 — Wrapping up today’s topic
If you have other questions about the market, or have any real estate concerns, don’t hesitate to call or email me. I’ll be happy to help!