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Homebuyers BOYCOTT the Housing Market (FLORIDA & TEXAS will Crash Soon)

Homebuyers BOYCOTT the Housing Market (FLORIDA & TEXAS will Crash Soon)

Posted on June 15, 2022 By Editor
Homebuyers BOYCOTT the Housing Market (FLORIDA & TEXAS will Crash Soon)



Homebuyers are BOYCOTTING the 2022 Housing Market. And they won’t be coming back until Home Prices CRASH. Especially in Florida & Texas.

Want access to the MAPS in this video? JOIN as Reventure Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join

The Housing Bubble is turning into a Crash. Buyers are dropping out of the market and inventory (aka homes for sale) is surging. This is likely to get worse in the future because Mortgage Purchase Applications – a forward looking indicator of Housing Demand – keep declining.

Two states where this is happening most include Texas and Florida. In Texas the biggest Homebuyer Boycott is occurring in Austin, where inventory is up nearly 100% YoY. There is also a big surge in homes for Sale coming in Dallas (especially in Frisco / Plano).

Florida’s western Coast is seeing a big surge in Inventory – particularly across Housing Markets like Tampa, Sarasota, and Naples. Interestingly – Homes for Sale in Miami and Fort Lauderdale are still declining. Indicator the Buyer Boycott hasn’t hit Southeast Florida yet.

Other states with massive surges in Homes for Sale include Idaho, Utah, and Arizona. In particular – Boise, ID’s Real Estate Market appears on the verge of a crash with inventory up over 100% from the previous year.

The Underlying Source of the Inventory Data comes from Realtor.com. Check out their data archives at the following link: https://www.realtor.com/research/data/

—
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

#HousingCrash #HousingMarket

Originally published at https://www.youtube.com/watch?v=agSHg4wrtFo

Real Estate

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This news story originally appeared at Real Estate - Trend Magazine on15 June 2022

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