Ep. 178 - Housing Market Crash in 2024? These 3 Reports Say Otherwise…
In this episode, Quinton tackles the controversial topic of a potential housing market crash head-on. Armed with a wealth of data and insights, Quinton challenges the popular narrative of an impending crisis, drawing stark contrasts between current market conditions and those leading up to the 2008 crash. He dives deep into key metrics like new listings, equity positions, and credit availability, offering a balanced perspective that cuts through the online fear-mongering. Whether you're a homeowner, prospective buyer, or simply interested in understanding the real estate landscape, this episode provides a data-driven reality check that will make you question everything you've heard about the current housing market.
0:00 - Introduction
1:53 - The Homeowner vs. Non-Homeowner Perspective
4:57 - New Listings Data: Comparing Current Market to 2008-2012
9:08 - Price Cuts and the Lock-in Effect
12:53 - The $17 Trillion Equity Discussion
15:47 - Credit Availability and Foreclosure Rates: Then vs. Now
18:56 - Job Loss Scenarios and Equity Positions
22:37 - Closing Thoughts
Resources:
Graphs: https://bit.ly/178resources
(Credit: HousingWire)
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