If You Own A House Or Real Estate Of Any Kind, You Need To See This
Image Source: Unsplash
Chris delivers a special video report about the real estate market and whether or not right now is the time to invest.
Taking a look at a chart depicting Multifamily Starts (a dwelling with five or more units) it is easy to think that it’s a great time to get on board. But in looking a little deeper, after each major surge, the economy and markets go into a significant and prolonged downtrend.
The chart for Single-Family Starts shows a clear top and a developing trend of lower lows and lower highs. The Total Starts chart is also logging in lower lows and lower highs.
The Homebuilders ETF XHB shows a huge uptrend indicating that the average investor feels that the market correction has already happened.
Looking at the IYR chart from back in 2008, the pattern is looking a lot like it is right now. Is the tightening consolidation a red flag for what may soon come to pass?
Video Length: 00:16:52
More By This Author:
How FOMO And Hindsight Kill Profits And Expectations
Has A New Super Cycle For Gold Already Begun?
Gold’s Momentum And Underperforming Gold Miners – Is A Breakout Rally Imminent?
If you want to know where the market is headed each day and week, well in advance then be sure to join my Pre-Market Video Forecasting service which is more