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.
real estate recession
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.