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Who's Got Pockets Real Estate Agent Network
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Who's Got Pockets Real Estate Agent Network
Who's Got Pockets Real Estate Agent Network
Wishing our fabulous founder Liz Bates a beautiful birthday! Happy happy birthday Liz!! 🎉
Who's Got Pockets Real Estate Agent Network
Who's Got Pockets Real Estate Agent Network
❤️🤍💙We are so grateful for all those who have served, and all those who are currently serving. Thank you!❤️🤍💙
Who's Got Pockets Real Estate Agent Network
Who's Got Pockets Real Estate Agent Network
Interesting Post by Saul Klein today:
“Lesson Plan For The Future
Inflation:
"This is not a drill"
8.5% and raising.
Primary cause of inflation:
"Too much money chasing too few goods."
(Watch closely as the FED dumps Assets in the next few months).
What are the Experts saying?
The "Experts," over the last year, have been notoriously wrong...
In February, 2022, Fortune told us that inflation likely peaked months ago.
In September 2021, S&P Global announced that “inflation readings likely peaked in the second quarter.”
In July, 2021, Reuters reported that “inflation has likely peaked.”
In June, 2021, Business Insider consulted another expert who said “inflation likely peaked in March.”
All just wishful (maybe political) thinking.
My prognosis:
More inflation is on the way, and probably a recession in 2023.
Interest rates will continue to climb as the FED fiddles.
Consider the following:
• What will happen to home prices over the next year?
• Is this a housing bubble (The FED thinks it could be).
• What do you think?
• How are you preparing?
• Have you built a contingency fund to get you through the lean times? (There will be lean times for many who sell real estate)
• What are you telling your buyers and potential sellers?
• Is this a good time to buy/sell?
I have used this graphic several times over the years. It still works (and watch, someone will comment on the date) 😊”

 

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