Isaiah Investing Audio

Housing prices are unlikely to decrease because there is a significant shortage of homes in the US. Around 1.4 million new homes are built each year, but there is a need for around 2 million new homes for families. This creates a deficit of around 700,000 homes annually. Despite rising interest rates making it difficult for average people to afford homes, when rates drop, there will be a surge in demand and appreciation in the real estate market. Buying a home now could increase your net worth in the future. Seek advice from real estate professionals for smart decisions. Housing prices aren't coming down anytime soon and here's why. Each year, on average, there's around 1.4 million new homes built here in the U.S. And there's also around 100,000 homes that need to be replaced each year. So really, we're creating around 1.3 million new homes here in the U.S. each year. At the same time, there's around 2 million new families that need homes here in the U.S. each year. That's a deficit of around 700,000 homes that we are short every year. And this is why we've seen so much appreciation over the past few years. And why I truly think homes will continue to appreciate in the coming years. Rising interest rates have curbed this appreciation in recent months because, let's be real, in this current interest rate environment, it's nearly impossible for the average Joe to afford a home right now. But when interest rates do drop to the low 6s and high 5s, the floodgates will open. Because we have hundreds of thousands of families that have been waiting to buy a home. And this will generate appreciation inside the real estate market. If you can see past the interest rates and the cash flow right now, buying a home could increase your net worth by thousands, if not hundreds of thousands of dollars in the near future. If you're willing to take the risk. With risk comes reward. With risk comes reward. Be smart and consult your trusted real estate professionals. But I believe there's truly an opportunity to make money inside the real estate market. But I believe there's truly an opportunity to make money in the real estate market if you simply look at supply and demand factors. If you're looking for more home buying and selling strategies, follow me.