Here’s your 5-8-2020 Real Estate Market & Recession Update! Specifically, we’re going to address the Single Family Residential Market. Wall Street Journal recently published an article reporting that the home prices have gone up in March-April. However, our prediction is that the SFR market is going to be on a decline for the next few months. In this update, we’ll provide how we arrived at the conclusion of our prediction as well as provide other real estate market updates.
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Okay, the real estate market is starting to show signs of crumbling and weakening. We’re anticipating the confidence level of the real estate market to drop as well as the price of single-family residential may fall in the next few months. The real estate market right now is extremely fragile and where we would find more sellers, the inventory of homes has gone down due to the coronavirus pandemic. The housing market might bottom out in the next 12-18 months as we saw in 2009-2011.
Next week on the Real Estate Market Update, we’ll provide updates on the commercial real estate market and how disastrous it may seem for the commercial retail and office spaces.
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The Kwak Brothers are millennial real estate investors who have acquired over 82 Units of Rental Units and have raised over $20,000,000 of capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping hard-working people become financially free real estate investors! They specialize in owner financing acquisition and raising capital. They are the creator of the FORCE Strategy (Find the deal, Owner Finance It, Raise the Capital, Cashflow It, and Expand your Financial Freedom)
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—DISCLAIMER— The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.
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