L.A. Wildfires Cause a "FLASH CRASH" in Local Housing Market

Описание: Parts of L.A. look apocalyptic. More than 10,000 people have lost everything, and their homes are now worthless. Real Estate Expert and Southern California Native, Scott Walters provides housing market update.

Follow Scott Walters on YouTube:  @ScottWalters 
Contact Scott Walters: https://sachsrealty.com/scott-walters

#housingmarketcrash #realestatenews #mortgagerates

Todd Sachs, is a Maryland Real Estate Broker providing information based on his opinions and the opinions of others regarding the housing market, the U.S. economy, and geopolitics affecting Americans.

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00:00:00 Introduction
00:00:52 Who is Real Estate Expert Scott Walters
00:03:28 Update on L.A. Wildfires
00:06:58 You can smell and taste the air quality
00:08:09 Scott's house burned down when he was a kid
00:10:38 How did the fires start
00:13:32 Were the hydrants dry
00:15:58 Santa Barbara Independent - California's Housing Market is About to get Worse
00:26:28 Foreclosures may result for many homeowners
00:33:40 Most people will be blindsided by this housing market crash
00:36:00 Housing market will "flash crash" in neighborhoods
00:41:50 Leaving California (why live here)
00:48:40 What's happening in San Francisco housing market
00:54:30 Housing correction is here, we're in the 100 year cycle