For the latest housing market update and according to the National Association of Realtors that existing home sales in the US dropped in Feb as housing supply dipped by the largest amount on record. Home Sales FELL 6.6% from the previous month BUT increased 9.1% from one year ago. As of the end of February, housing inventory remained at a record-low of just over 1M units and that’s down by almost 30% year-over-year = a record decline. The median price of an existing home (i.e. NOT a brand new home) increased 15.8% to $313,000 and prices increased in every region of the US. This is equal to the home price record that was set in Oct 2020. Do you think there will be a housing market crash 2021?
WeBull FREE stock promotion (get TWO free stocks for a limited time):
https://act.webull.com/kol-us/share.html?hl=en&inviteCode=cKJC65AjvHMM
For the 2021 housing market, Mortgage rates have increased greatly this year. The Mortgage News Daily announced that the average 30yr fixed rate mortgage is 3.43%.
Comment below: what’s your housing market 2021 forecast and housing market forecast 2021? Do you think a housing crash 2021 will happen and there will be a housing crash due to a housing bubble or do you think the housing market 2021 will continue to surge?
Products I use and like: ad
My webcam https://amzn.to/2QZMFZt
Clickfunnels https://bit.ly/2GvfNWp
Tubebuddy https://www.tubebuddy.com/jason808
Virtual Assistants https://bit.ly/3lYRujQ
AWeber https://bit.ly/3jRO7JY
Get 50% off Housingwire + (HW+) by using the coupon code: Jason50%off
My no. 1 recommendation for real estate licensing in California (the same course I took): ad
https://bit.ly/2EUYLRq
***
Jason Walter, CPA (lic 103885)
Sacramento Realtor/Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
[email protected]
Follow me on Instagram ➜ @SacramentoRealtor
*** FREE Sacramento Area Home Buyer Guide ➜ https://bit.ly/2YjUnTJ
*** FREE Sacramento Area Home Seller Guide ➜ https://bit.ly/2x1uqZF
➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜
To never miss a video about personal finance & real estate related topics, please subscribe & then hit the bell notification here ➜ https://bit.ly/31kAR73
More of My YouTube Videos:
Why Aren’t Home Prices Dropping? Housing Market 2020
BEWARE – Why I Cancelled My Mortgage Loan Forbearance Offer
Mortgage Loan Forbearance Update (5 MAJOR CONS of Mortgage Loan Forbearance & More):
➜ PLAYLIST: Videos about Living in Sacramento
https://bit.ly/2TkXZSh
➜ PLAYLIST: My 5 Favorite Areas Near Downtown Sacramento:
https://bit.ly/2FNHTbT
Moving to Sacramento? Top 10 Reasons to Move Here:
5 Pros & Cons of Living in Sacramento:
Royalty Free Music from Bensound
Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.
This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed Realtor with Realty One Group in California under DRE 01923240.
#housingmarket #housingcrash #realestate