Here Are 6 Signs That The Housing Market Depression In The United States Is Getting Even Worse

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Title : Here Are 6 Signs That The Housing Market Depression In The United States Is Getting Even Worse
Link : Here Are 6 Signs That The Housing Market Depression In The United States Is Getting Even Worse

America’s housing market has been in a “deep freeze” for more than a year. The combination of very high interest rates and very high home prices has frozen millions of potential buyers out of the market. As a result, home sales have fallen to extremely depressed levels. When I first warned that we were heading into a housing market depression, a lot of people thought that I was exaggerating. But now the numbers show that is exactly what has happened. The following are 6 signs that the housing market depression in the United States is getting even worse. ( investment opportunities):

#1 Sales of previously-owned homes in the U.S. just fell again. In fact, we just witnessed the slowest April that we have seen since 2009…

#2 Sales of previously-owned homes are falling even though active listings and new listings are both rising…

#3 Most potential young homebuyers have been completely forced out of the market. Shockingly, the average age of a homebuyer in the U.S. has surged to an all-time record high of 56…

#4 The median age of first-time homebuyers is spiking as well…

#5 Zillow is reporting that home values have fallen in 27 U.S. states so far this year. Is this the beginning of a price crash?…

#6 Meanwhile, employers continue to conduct mass layoffs all over the nation, and this is only going to increase pressure on the housing market. (Read More)