Ignore the Media — the Housing Market Isn’t Crashing

(3-minute read) I can understand the fear. But I don't see a housing crisis on the horizon.

Ignore the Media — the Housing Market Isn't Crashing By Steve Fernandez Research Analyst, Strategic Fortunes Dear Winning Investor, It seems like every day I’m reading fearful articles about a looming housing crisis. Forbes wrote: “Pending Home Sales Plunge to Lowest Level in Nearly a Decade.” Seeking Alpha posted: “The Air Is Coming Out of the Housing Bubble.” Fortune warned: “The Cooling Housing Market Enters Into the Great Deceleration.” Many Americans are looking for answers. Google searches for “housing crash” have surged in recent years. (Source: Google Trends.) Although I don’t see a housing crisis on the horizon, I can understand the fear. When looking at the median net worth of Americans, home equity accounts for 65% of that wealth. Couple that with what happened in the 2007-2008 crash, and it’s easy to see why many are concerned. Despite these fears, we’re still looking at higher prices for the foreseeable future. And the latest data shows why that’s the case. Buy This Next Gen Crypto Before Its Big Upgrade Experts predict this one crypto will soar 7,200% by the end of the decade … and grow 20X bigger than bitcoin. But you must get in before its big upgrade. Details here. The stock market is closed today in observance of Memorial Day. This "Crypto Continent" Is Home to Innovative Startups Did the White House Just Trigger an Energy Revolution? Flying Cars Are Closer Than You Think Can You Spot the Revolution in This Photo?     Privacy Policy Winning Investor Daily, P.O. Box 8378, Delray Beach, FL 33482. To unsubscribe from Winning Investor Daily emails, click here. To ensure that you receive future issues of Winning Investor Daily, please add info@mb.banyanhill.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: http://banyanhill.com/contact-us Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Banyan Hill Publishing expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Banyan Hill Publishing, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2022 Banyan Hill Publishing. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Banyan Hill Publishing. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096)