Real Estate "Doomsayers" WRONG? Why the Housing Market Won't Crash in 2024

Real Estate "Doomsayers" WRONG? Why the Housing Market Won't Crash in 2024

Tired of fear-mongering headlines warning of an imminent housing market crash? Join Orange County realtor Nathan Necochea as he debunks the "Doomsayers" and explains why the market is on solid ground in 2024.

Are you a potential buyer worried about missing out before a crash? Or a seller hesitant to list due to doomsday predictions? This video is for you! We'll delve into the key factors influencing the market, separating fear from facts to give you a clear and informed perspective.

Here's what you'll discover:

Why the "gurus" predicting a crash are wrong: Nathan exposes the misleading tactics used by some online personalities and explains why historical comparisons to 2008 are inaccurate.
The crucial role of inventory: You'll see how historically low inventory levels are preventing a price drop, unlike the oversupplied market leading to the 2008 crash.
Dodd-Frank's impact: Discover how stricter lending standards introduced after 2008 are guarding against risky loans and unqualified buyers, ensuring greater market stability.
Mortgage rates and affordability: Get insights into how interest rate fluctuations affect affordability and how the current scenario differs from the rapid rate hikes that triggered the 2022 price adjustments.
Expert predictions for 2024: Nathan shares his informed forecast for home values, interest rates, and market trends throughout the year.
Bonus: Hear from Steven Thomas, an economist, on his take on potential Federal Reserve interventions and their impact on the market.

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Contact me here: https://linktr.ee/nate.necochea

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References/Credits/Additional Links:

Charts/Articles:
https://tradingeconomics.com/united-states/total-housing-inventory#:~:text=Total%20Housing%20Inventory%20in%20the%20United%20States%20averaged%202268.04%20Thousands,source%3A%20National%20Association%20of%20Realtors

https://www.investopedia.com/terms/d/dodd-frank-financial-regulatory-reform-bill.asp

Video Link:
https://www.youtube.com/watch?v=2YBMwYNMr1Q

Music:

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Tags:

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