1949: Shadow Demand, Lower Existing Home Sales, Increased Mortgage Rates, Decreased Home Sales Volume, Outlook for 2023, Rick Sharga Part 2

It's 9 days till the life-changing Empowered Investor Live summit happening on January 27 to 29 at Scottsdale, Arizona! Empower your life by joining a community of investors and third party vendors together with Jason's own investment counselors who are passionate about your investing success! So start the year right! Go to EmpoweredInvestor.com/live and get your tickets TODAY! 18 to 29 year olds living with their parent/s! What does that mean? There is still demand for rental housing! But this demand will decline in about 20 years. That's a word of caution from Jason. But for now, you are going to make a fortune with your income properties! Here is part 2 of Jason's chat with Rick Sharga of ATTOM DATA. Know the facts and data that will serve as an indicator of trends  in the single-family housing investment space across different markets. Note: This interview was done last December 2022. Key Takeaways: Jason's editorial 1:59 Shadow inventory, shadow demand, 18 to 29 year olds living with their parent/s 5:37 What this means as investors 7:35 A word of caution: there will be a decline in housing demand- in about 20 years 9:40 Get your tickets to the EMPOWERED INVESTOR LIVE summit today!  10:28 Join Jason on a cruise on March 4 to 9! Mix a little business with pleasure! Go to EmpoweredInvestor.com/cruise now! Rick Sharga interview part 2 12:09 Chart: Mortgage rates still near 20 year high 12:52 Chart: October marks 13 consecutive months of lower existing home sales 13:30 Chart: New Home sales down 14% from 2022  14:36 Chart: Builder sentiment, housing starts declining rapidly 16:39 Chart: Very low new supply (Altos Research) 17:10 Chart: Inventory outlook for 2023 17:29 Chart: Price reductions have peaked (Altos Research) 19:57 Chart: Pendings dramatically lower 20:23 Chart: Purchase loan apps off 41% 24:19 Chart: Prices in western markets are declining 25:49 Chart: Further declines are expected in many - not all - markets (Zillow) 29:31 Chart: But homeowners still have record equity 30:16 Chart: Delinquencies below pre-pandemic levels 35:26 Chart: Foreclosures starts approaching pre-pandemic levels 37:44 Chart: But REO activity still well below normal   Quotables: "93% of the people in foreclosure have positive equity." - Jason Hartman "Our data shows that about 6% of homeowners nationally are underwater on their loans. There's half a percent of homeowners who are in foreclosure." Rick Sharga Mentioned: Altos Research   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

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