8 min
Ep 158 - How Has The Real Estate Market Changed In The Last Decade? Freedom Through Passive Income
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- Investing
What was going on 10 years ago? It was foreclosures, cautious buyers, and hesitant lenders, because we were coming out of 2008. Now, 10 years later, we've got three completely opposite things going on: soaring prices, low inventory and fierce competition. It's crazy the night and day difference we're seeing from 10 years ago. In this episode we share some of the most significant things that have happened over the last decade.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
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Real estate has always been an interesting field. There have been big changes in the market for the past 10 years. Homeownership peaked in 2004 at 69.2% and only 35% of those who lost their home bought again, according to CoreLogic. New construction over the last 10 years really has seen its boom, and it's continuing to rise. US Bridge reported Ohio alone saw more than 4 billion in new construction which will fizzle out in the next 10 years.
Millennials represent the largest share of homebuyers in the last five years and they reached 40 years of age. The work from home trend is from the pandemic, it led a lot of the renters to buy because they went out into the outskirts. Homeowners have more equity than ever. We lost it all back in 2008 during the crash for single family at least we call that a crash for single family. They had a record shattering year in 2021. And the number of sales at the end of 2021 was four times higher than 2011.
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
LinkedIn personal pages
https://www.linkedin.com/in/fliprobison
https://www.linkedin.com/in/danilynnrobison
Instagram personal pages
https://www.instagram.com/fliprobison
https://www.instagram.com/danilynn23
TikTok personal pages
https://www.tiktok.com/@danilynnrobison
https://www.tiktok.com/@fliprobison
What was going on 10 years ago? It was foreclosures, cautious buyers, and hesitant lenders, because we were coming out of 2008. Now, 10 years later, we've got three completely opposite things going on: soaring prices, low inventory and fierce competition. It's crazy the night and day difference we're seeing from 10 years ago. In this episode we share some of the most significant things that have happened over the last decade.
Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lending
Download your Freedom # worksheet here: www.freedomcapitalinvestments.com/worksheet
Click on the Social Media links below and listen in on our Private Group Conversations about how to achieve Financial Freedom through a consistent pipeline of passive income investments:
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
—————————————————————————
Real estate has always been an interesting field. There have been big changes in the market for the past 10 years. Homeownership peaked in 2004 at 69.2% and only 35% of those who lost their home bought again, according to CoreLogic. New construction over the last 10 years really has seen its boom, and it's continuing to rise. US Bridge reported Ohio alone saw more than 4 billion in new construction which will fizzle out in the next 10 years.
Millennials represent the largest share of homebuyers in the last five years and they reached 40 years of age. The work from home trend is from the pandemic, it led a lot of the renters to buy because they went out into the outskirts. Homeowners have more equity than ever. We lost it all back in 2008 during the crash for single family at least we call that a crash for single family. They had a record shattering year in 2021. And the number of sales at the end of 2021 was four times higher than 2011.
Join our groups on Facebook and LinkedIn.
https://www.facebook.com/groups/freedomthroughpassiveincome
https://www.linkedin.com/groups/14048250
www.FreedomCapitalInvestments.com
Invest Smart. Live Happy.
—————————————————————————
Connect with us here:
FB personal pages
https://www.facebook.com/Flipster
https://www.facebook.com/dani.lynn.robison
LinkedIn personal pages
https://www.linkedin.com/in/fliprobison
https://www.linkedin.com/in/danilynnrobison
Instagram personal pages
https://www.instagram.com/fliprobison
https://www.instagram.com/danilynn23
TikTok personal pages
https://www.tiktok.com/@danilynnrobison
https://www.tiktok.com/@fliprobison
8 min