#housingmarket #housingcrash #redfin
Something BIG Just Happened in the Housing Market (Redfin Fools Everyone Again)
Are investors really fleeing the housing market? According to the new housing start data set released by the US Census Bureau, the breakdown of housing starts by purpose and design for the first time are showing home builders are building more houses to rent than they are houses to sell. This is a shocking revelation for all homebuyers and home sellers looking to jump back into the real estate market.
We also dive into the new record number of housing starts for both single family homes and multi family homes, and show how again multi-family homes are outpacing single family homes currently under construction.
The data used in this video comes from Zillow, Redfin, and the US Census Bureau.
This video is not financial advice.
If you want access to the housing market maps and data I use in these videos, they come from my company’s new product Snapforce Real Estate Insights: https://app.snapforce.com/prodigy/checkout.php?vid=Something%20Big%20is%20Happening%20in%20the%20Housing%20Market
If you want access to Snapforce CRM, used by some of the largest mortgage companies in the country, you can trial it here: https://www.snapforce.com/crm/configure/
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