MASSIVE HOUSING INVENTORY Just Waiting To Be Released

Zillow recently did a homeowner survey and determined that current homeowners that have a 5% or above mortgage rate are twice as likely to sell their house as someone who has a 3% or below mortgage. Also, we have 23% of all homeowners right now claiming they will sell their current house within the next 3 years. When you combine this with the fact that 28% of homeowners are "house poor" and may also be likely to sell at any sign of distress, sounds like we have recipe for future housing market inventory.

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Articles Mentioned in the Video
https://apple.news/AEM43ZwXgSw-yNYuv_4KIQA
https://apple.news/AyQMCGjJVRD-IkRd56frrBg
https://apple.news/Az6fbqRhHOoy-ShnPiy62Bw

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