When will the housing market crash? Investor says โBlack Swanโ event imminent. I'm confused by this statement because isn't that exactly what happened with Covid that caused house prices to skyrocket. Should you buy now or wait for this black swan event to take place? In this live episode, weโฆ
President Donald Trump modified The Tax Benefits of Homeownership when he passed The Tax Cuts and Jobs Act of 2017. This was the largest overhaul of the tax code in three decades, essentially eliminating the tax benefits of buying a house. Does it still make sense to buy a houseโฆ
Mortgage rates are sitting near 23 year highs with mortgage demand sitting near 27 year lows while purchase applications are at the lowest level since 1995. On top of that, The FED believes that pandemic savings will likely be depleted by the 3rd quarter. This sounds like the perfect recipeโฆ