TV pundits bring Daren Blomquist from Auction.com on to their shows to explain exactly what’s happening in the housing market. A long-time Accelerated Real Estate Investor contributor, Daren is here to give my listeners the data that will help them prepare and adjust their strategy for the coming year.
real estate recession
Like clockwork, for the last one hundred years a massive wealth transfer has occurred every seven years. Using a strategy he calls the 3 Ps, Gary Boomershine is putting himself into a position to take advantage of the coming wealth shift cycle.
We’re seeing historic records right now: highest unemployment rate in decades, lowest housing inventory in 38 years, sale of homes at a 14-year high, and a potential tsunami of foreclosures coming. Your strategy today should look very different from your 2021 strategy, or your longer-term 2022 and beyond strategy.
Institutional loans have come to a screeching halt while banks wait for a sign of the direction this economy is going to go in. Even crowdfunding platforms have slowed down as it seems like everyone’s holding their breath. There are going to be some amazing deals on the marketplace in the next six to eighteen months, but your ability to access private money is going to be crucial to your success.