U.S. Real Estate Slowdown! Home Sales PLUMMET as Mortgage Rates Rise!

In your opinion, are real estate prices too high compared to wages where you live? Or is the current level normal?

The real estate situation in the U.S. is getting worse. Prices have stagnated in many areas and sellers are beginning to wonder if they’re ever going to be able to move. Inventory is building up as these sales are slowing down. With interest rates rising, a perfect storm is brewing. I hope you brought your umbrella.

 

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https://www.zerohedge.com/sites/default/files/inline-images/2018-10-19_7-03-44.jpg?itok=pUjsHZjw

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https://www.zerohedge.com/sites/default/files/inline-images/2018-10-19_7-05-08.jpg?itok=BO6wHo3b

Existing-Home Sales Decline Across the Country in September | http://www.nar.realtor

https://www.nar.realtor/newsroom/existing-home-sales-decline-across-the-country-in-september

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https://www.zerohedge.com/sites/default/files/inline-images/2018-10-19_7-00-59.jpg?itok=A_tsfp_0

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https://www.zerohedge.com/sites/default/files/inline-images/2018-10-19_6-45-35.jpg?itok=cfiJpBtt

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https://www.zerohedge.com/sites/default/files/inline-images/fins%20techs%20lower.jpg?itok=OLJ8SEiW

SheepleAnalytics on Twitter: “ICYMI – US bank will loan you money for 3 months at 70.65% APR if you sign up for automatic payments. @RudyHavenstein @DavidBCollum @TheLimerickKing… https://t.co/ZpTTqvzWXs”

https://twitter.com/SheepleAnalytic/status/1049311569254002689/photo/1

More banks are trying to get a piece of the payday loan pie – MarketWatch

https://www.marketwatch.com/story/banks-are-trying-to-get-a-piece-of-the-payday-loan-pie-2018-09-12

What Is U.S. Bank Simple Loan? | Q&A | U.S. Bank

https://www.usbank.com/newsroom/stories/small-dollar-loans-made-simple.html

Bank OZK | Condo Construction

https://therealdeal.com/miami/2018/10/19/bank-ozks-stock-drops-24-after-cre-write-offs/

 

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