Buying a Home? HOUSING MARKET INDICATORS—Predicting Housing Crash in Reno NV Post Pandemic? [REMIX]

Today I talk about the HOUSING MARKET INDICATORS you need to watch if you’re trying to time the real estate market—including existing home sales, pending sales, months supply of inventory, new home building permits, mortgage defaults, foreclosure sales, interest rates, purchase mortgage applications, unemployment, Google Trends, portal traffic, new listings, showing appointments and demographics, including the changing economic influence that MILLENNIALS are bringing to the housing market.

For each of these housing market indicators, we discuss what they are, trends to watch for and how they impact your local HOUSING MARKET.

I use the Reno, Nevada, real estate market as an example of how to use these housing indicators to understand the current dynamics of your own local real estate market. In the process, I provide an updated market report for the RENO REAL ESTATE MARKET during coronavirus or Covid-19.

This is a comprehensive review of both the common and uncommon housing indicators to look at that will help you better time your entry into the real estate market, useful whether or not we experience a HOUSING CRASH in the United States or in your particular market area.

[NOTE: This content is remixed from a longer video that some viewers may have already seen. I condensed it into a shorter version because according to analytics, most people never made it to the list of indicators in the prior video.]

*****GET THE HOUSING MARKET INDICATOR CHECKLIST*****
http://eepurl.com/g2YszH

*****SHOWING APPOINTMENT DATA*****
https://www.showingtime.com/impact-of-coronavirus/

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*****ABOUT ME*****
I am a licensed Realtor (S.0172593) in Incline Village, NV, with Chase International, an independent, heart-centered brokerage and the Reno-Tahoe regional leader with almost $1.5 billion in property sales. Prior to the Coronavirus lockdowns, I was employed by the company in a marketing capacity but have been temporarily furloughed for the next few weeks. In the meantime, I am pursuing my Nevada broker’s license and getting back into real estate sales, working with a handful of super-fun clients. My goal with this channel is to educate, entertain, and inspire people to actively pursue whatever dreams they seek.

#BuyingAHome #HousingCrash #HousingMarket