Mortgage rates are skyrocketing, inflation is at 40 year highs and mortgage applications are way down. Does this mean there will be a housing market crash in 2022? Is the American dream turning into the American NIGHTMARE? In this video I go over the key real estate market indicators that will let you know EXACTLY what is going on and when a market correction will happen.
With interest rates surging from 3% to 5%, mortgage applications are down, meaning demand for housing is down. With supply also increasing, many people fear that there will be a housing market crash in 2022. Will that actually happen or are people just fear mongering. Let's take a look at the data and see exactly what's going on so that we can make an informed prediction about the real estate market.
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I'm Danny Batsalkin aka DIMA and if we're just meeting, I’ve been a real estate broker for over 15 years, I’m a real estate and business coach, and former attorney. My passion and mission is to help you make better decisions in real estate, business and finance, and achieve all of your goals! Be sure to SUBSCRIBE to my channel and hit the bell icon so you get notified of all my new, awesome weekly content: https://link.dannybat.com/youtube.
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Products, links and items that are referenced in this video or in the description above may be affiliate links. If you purchase a product or service using these links, I may receive a small commission at no additional charge to you. Thank you for supporting my channel so that I can continue to provide you with awesome content each week! Danny Batsalkin is a licensed real estate broker in California and is affiliated with Compass. CA DRE # 01421366. All information provided in this video is for informational purposes only and you should not construe any such information or other material as legal, tax, investment, financial, or other advice. I advise you to consult with your legal, real estate or tax professional prior to making any decisions in these areas.