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Podcast: Creating Wealth Real Estate Investing with Jason Hartman
Episode: 1912: Weekly Housing Inventory Changes, Mortgage Rates, Mike Simonsen Altos Research
Description: There are no houses for sale! After the aftermath of hurricane Ian, Jason addresses the misconception that there is a 'fire sale' of houses after these types of disasters. He also reminds us that 40% of home owners have NOÂ mortgage! And those who do have mortgages, 24% of them have a 3% or lower mortgage rate and 65% have 4% or lower! So where is the distressed home owner? There really is no pressure to sell! So if you are waiting for a crash, you might be waiting a long time! Jason also welcomes Mike Simonsen of Altos Research as they d...