The Housing Market’s Future—Trends and Predictions Get Rich Education

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Apartment construction is falling. It’s not because banks are pulling back from lending. Projects aren’t feasible for builders.
Housing market intelligence analyst Rick Sharga returns to discuss the real estate market. 
We discuss: real estate price movement, affordability concerns, expected mortgage rate changes, migration, price reductions, new homes vs. existing homes.
Can anyone even find a new-build $225K detached SFH today? They’re nearly extinct.
Homebuilders are still buying down mortgage rates for you into the 4%s and 5%s at GREmarketplace.com.
America needs more SFHs, especially at the entry-level. 
Apartment rents have declined a little. SFH rents are up about 3% year-over-year. 
Delinquency and foreclosure activity remains low. These have a strong correlation with unemployment rates.
The volume of homes sales should increase this year, but only by perhaps 10%.
A recession is still quite possible later this year and expected to be mild.
Every region of the nation is currently experiencing residential RE price growth. 
When mortgage rates fall, more new buyers than sellers are expected, pushing up property prices.
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Complete episode transcript:
 
Keith Weinhold (00:00:00) - Welcome to GRE. I'm your host, Keith Weinhold. Tons of new apartments were built last year, but that's abruptly going to change going forward. You'll learn why. Then a housing market intelligence analyst and I break down what's happening in the real estate market and the future direction of rents, prices, foreclosures, interest rates, and a lot more today on get Rich education. When you want the best real estate and finance info. The modern internet experience limits your free articles access, and it's replete with paywalls. And you've got pop ups and push notifications and cookies. Disclaimers are at no other time in history has it been more vital to place nice, clean, free content into your hands that actually adds no hype value to your life? See, this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor and it's to the point to get the letter. It couldn't be more simple. Text GRE to 66866. And when you start the free newsletter, you'll also get my one hour fast real estate course completely free.
 
Keith Weinhold (00:01:16) - It's called the Don't Quit Your Day Dream letter and it wires your mind for wealth. Make sure you read it. Text GRE to 66866. Text GRE 266866.
 
Corey Coates (00:01:34) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.
 
Keith Weinhold (00:01:50) - Welcome to grow from Alexandria, Egypt, to Alexandria, Virginia, and across 188 nations worldwide. I'm Keith Weinhold, holding your inside get rich education. I'm grateful to have you here. A few weeks ago, I discussed all the apartment buildings that were constructed last year. One thing t