B of A Calls for More "Turbulence" in Housing: Distressed Property Summit 2024

A 1980’s Housing Recession ?

Yep, you heard me correctly.

Don’t shoot me, I am simply the messenger delivering a sober warning for the future.

Bank of America (BofA) recently stated that we better “buckle up for more turbulence” in the Housing Market.

Wells Fargo also gave us an eerily similar warning.

They are doubling down on a Housing Recession, 1980’s style.

Both these banking behemoths must know something that we don’t, right ?

To be perfectly clear - they are not talking about another Sub-Prime Mortgage type crisis or a Global Financial Crisis

This is way different - actually much worse than what happened in 2007-2008.

They had previously predicted 0% home price growth and falling home sales for the full year 2023. I think they were pretty much bang on with that prediction.

The lack of sales activity, high home prices and high interest rates have shaken the Real Estate industry to its core.

Today’s Housing Market is in a full blown, locked down Affordability Crisis. Northing is moving. Buyers can’t or won’t buy and Sellers have not lowered their prices to compensate for high interest/mortgage rates.

And don’t get me started on the some of the other major issues we’re facing with Commercial Real Estate and the recent Anti-Trust lawsuit regarding Real Estate Agents and their commissions.

All this ultimately leads to even more uncertainty in the Housing Market.

Not something that you really wanted to hear.

As much as this casts a pretty significant shadow of doubt over the Housing Market, there is a silver lining to their warning.

With all this uncertainty and interference, it leads to multiple, under the radar, opportunities for people like us.

Stop looking at Retail deals on the MLS - reconfigure your focus for 2024.

Focus where all the other Buyers and Investors are not looking - that’s where the best deals typically are found.

Join us on Wednesday January 10th, 6:00 - 9:00 PM where we will show you the huge opportunity that is available with Distressed Properties for 2024 and Beyond.

Earn Income and Build Wealth with virtually no money out of your pocket. Yes it can be done.

Who is this event for ?

Real Estate Investors, Real Estate Agents and people who are tired of hearing about the same old over saturated method of acquiring and controlling property.

See You There !

Randy