$19,000 Price Drop in Phoenix in April; Inventory Surges

Описание: #silentdepression #creditcrisis #phoenixhousing

M3 Market Update is a review of the current state of housing (including long and short-term rental), commercial real estate and mortgage finance with relevant data and drivers. Not investment advice.

I interview John Wake, a licensed real estate agent in Phoenix who has been tracking the market for over 19 years. John is a data nerd like me who has been surprised to see the inventory growth this season. John also shares what he is seeing on the ground and in his MLS which believe it or not was a -$19K price reduction.

Like last time Arizona will play a starring role in the upcoming housing correction.

Also - you will want to check out my latest Substack on the new realization regarding Student Loans and delinquent FHA: https://open.substack.com/pub/m3melod...

Make housing boring again!

You can find John @:

https://x.com/JohnWake
https://realestatedecoded.com/john-wake/
  / john-wake  
https://arizonarealestatenotebook.com/



General Reference & Recommendations:

1) #silentdepression - For a review of what's really been going on in the economy since 2007 to understand the path of housing:    • We Are Living In A Silent Depression | Emi...  . Follow @emilkalinowski on Twitter or YouTube.
2) The term Eurodollar sounds kinda weird and the concepts are complicated, so I recommend going back to the very beginning where they lay it out very simply. This is a MASTER CLASS in monetary policy and the plumbing of the financial system:    • Видео  
3) And for an episode on some of the myths surrounding the Fed:    • Market Rates Refusing to Follow Fed's Comm...  
4) The Fourth Turning: https://www.amazon.com/The-Fourth-Tur...
5) A Brief History of Doom: https://www.audible.com/pd/A-Brief-Hi...
6) Swamp Peddlers - https://www.amazon.com/Swamp-Peddlers...



Please reach out to me with questions or comments:
Twitter: @m3_melody
LinkedIn:   / melody-wright-44204a4  
Substack: https://m3melody.substack.com