Wealthion - Be Financially Resilient cover image

A Coming Surge In Inventory To Drop Home Prices By Up To 35%? | Nick Gerli

Wealthion - Be Financially Resilient

00:00

The Overvalued Market in the Existing Home Market

The real activity that's happening right now in this market really is on the new home side versus the existing home side. In the existing home market you have a lot of people who quote unquote can't afford to move. The builders who are bringing new inventory on are saying okay well we're going to undercut the current market value of existing homes, so that we can sell a inventory. It's because they're making a lot of cash right now from these sales did I summarize that correctly? We'll get to how it's sort of overvalued relative to other things you could do with your capital soon.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app