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Today is March 21st 2020 and Randy will discuss the following topics:
US Existing Housing Report – Feb 2020
New Home Sales – Feb 2020
Home Sales Could Fall 35%
iBuyers Suspending Operations
ReFinance Records
Rents Outpacing Inflation
Links:
https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
https://www.marketwatch.com/story/new-home-construction-slipped-in-february-before-the-coronavirus-even-became-a-major-concern-2020-03-18?mod=real-estate-personal-finance
https://www.cnbc.com/2020/03/19/coronavirus-update-home-sales-could-fall-by-35percent-as-spring-market-stalls.html
Opendoor, Zillow begin pausing homebuying, citing coronavirus concerns
https://www.cnbc.com/2020/03/20/panicked-wealthy-fleeing-the-coronavirus-drive-up-rental-prices-in-the-hamptons-and-hudson-valley.html
Connect with me to find out more about my new Turn Key Real Estate Investment Program.
The deals are flowing !!
I have a free report you can download at:
www.HousingBubble2.com
If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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I am not an attorney, financial planner, CPA or tax advisor. This channel merely provides opinion, commentary and summarizes data and information that is readily available to the general public regarding the Housing Market. I advise you to seek tax / legal / professional counsel and for everyone to do their own due diligence prior to making any significant decisions or purchases regarding real estate or other investment matters.
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