The Storm Brewing in the Housing Market
Wealthion - Be Financially Resilient
The Housing Market: Views on Correction and Distress
The speakers discuss their views on the housing market correction, emphasizing the distress in borrowers and the increase in delinquency rates. They draw parallels to the previous housing crisis and highlight the potential issues borrowers may face in the future.
Adam resurfaces a recent interview he did with housing analyst Melody Wright. Melody did boots on the ground analysis by getting in her car and traveling to the hottest real estate markets. During her research, she discovered that those looking at the real estate market right now are likely dealing with imperfect information, which could eventually lead to much lower housing prices.
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