#yahoofinance #homebuyers #supplychain #mortgage
U.S. pending home sales shrank by 2.7% month-over-month in May. Wall Street Journal Reporter Ben Eisen joins Yahoo Finance Live to explain how prospective homebuyers are adapting to inventory shortages across housing as prices and mortgage rates remain elevated.
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I’ve been quite unsure about investing in this current market and at the same time I feel it’s the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I need guidance on what investments to make🚀
I’m happy to see NICK DRANCHAK mentioned, he is recognized worldwide, my neighbor recommended him to me after investing £19000 and he has been a blessing to us..
@Zainab Ismail
pls do you mind sharing any means of reaching out to him?
He’s Active online through his website
Who the hell got accustomed to this??!
Yes exactly! Who??
You can not become accustomed to not being able to afford your mortgage! Not to mention that this has just started to affect a small portion of homeowners so far…
I 🧡 high home prices
Hilarious. The housing market is 20% more expensive relative to the US median income than 2007! That’s an order of magnitude more expensive than what housing cost back in what is now the second largest housing bubble in history (2008). Simultaneously, people’s cost of insurance, groceries, electric and water, and literally ALL other costs of living are up 30-45% in the same 3-year period while the US median income is up just 8% ($70k up from $65k). This will be the single largest crash in the history of modern economies. Every single underlying economic fundamental shows it. It’s 1st grade math. People are signing up to pay close to FIFTY percent of their take home income on shelter alone. That’s 20% worse than 2006-2007. This bubble is so much larger than pre-2008 it’s hardly even comparable.
I feel sorry for your local residents, it’s setting them up to fail, and when the boom is gone, which will happen, a crash is inevitable.
I’m looking to buy a home and I’m 100% not accustomed to this. Homes are way overvalued.
We are not adapting, we are mutating to breathe through gills since we cant even stay above water. Please don’t trigger us.