Millions of people are hoping for a housing market crash to happen so house prices can go down. There isn’t much opportunity for many home buyers and house prices are becoming unaffordable.
Two houses listed in a market that I like to look at one being $385,000 and the other being $375,000. In this video I share with you how much they sold for and you will NOT believe it. Competition is still strong in certain areas and offers are still being sent with ridiculous numbers. On the flip side, I am seeing many areas loose steam.
I have been seeing a ton of homes do price reductions, take longer to sell on the market and even fall out of contract and go back on the market. This is all a sign for opportunity to buyers and those who have been on the sidelines. The more supply that comes into the market means the more options buyers will have. The more options buyers have the more negotiation buyers can do. Stay alert and ready because this housing market shift can happen overnight!
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DISCLAIMER: I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Karam MAY have an ownership interest in them
DO NOT make buying or selling decisions based on Karam’s videos. If you need ANY professional advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for Karam Khalil. Any use of other media is by fair-use only.This is not an advertisement of property for sale and any mention of properties listed for sale or otherwise shall not be construed as anything other than an opinion for entertainment purposes only.
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