Jerry Konter, NAHB, says future sales will drop! New Construction

The housing market index is down. The FED talking about raising rates by 1%, how will this affect Real Estate this year. Some areas are going to get hit more than others, but does that mean some cities will crash? 

Will all of the metro areas suffer a crash? Let's dig into some data and see what's happening in the world today. Real Estate is changing fast. Dig in with me on another episode of the Real Estate show!  

What is a housing Bubble
https://www.investopedia.com/terms/h/housing_bubble.asp

Housing Market Meltdown. Home builders halt construction
https://www.forbes.com/sites/jonathanponciano/2022/07/18/housing-market-meltdown-intensifies-homebuilders-halt-construction-as-confidence-plunges-to-2-year-low/?sh=38f331fc6756

Monthly supply of new houses according to FRED DATA
https://fred.stlouisfed.org/series/MSACSR

Boise and Phoenix look like they are overvalued when it comes to real estate
https://fortune.com/2022/07/18/bubbly-housing-markets-boise-phoenix-got-home-price-top-blown-off/

Investors for real estate show patterns
https://fortune.com/2022/06/26/housing-market-and-home-price-boom-made-bigger-by-investors-and-wall-street/

Migration patterns during the pandemic
https://www.redfin.com/news/migration-inflation-q2-2022/

Altos research data and what's happening in Real Estate
https://twitter.com/mikesimonsen/status/1549119707147407361/photo/1

NAHB Ceo says we are short on housing. Dramatically short. 
https://www.foxbusiness.com/real-estate/grim-outlook-housing-market-nahb-ceo-warns

Dave Ramsey explains the current market and where we are heading in Real Estate
https://youtu.be/fORUvZNm3oo

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