- The Daily Ninja
- Posts
- 50% Crash In RE Prices?
50% Crash In RE Prices?
Discover Why The Market Is Likely Headed Towards "All-Out Armageddon" In The Next 4-5 Months?
The Daily Ninja 6/15/24
Updates From The Economic Ninja
(6/14/2024)
๐ It's important to be prepared for economic cycles before they happen, especially in the real estate market.
๐ Waiting for maximum pain on both the buyer and seller side can lead to great real estate opportunities.
๐ Real estate investment during economic downturns can still be profitable, as history has shown during the Great Depression.
๐ก "The easiest way to wealth in this nation is not only by owning your own home cash so you're not under the throws of some greedy landlord."
๐ The greatest move in real estate history is on the cusp, making it the perfect time to take action.
๐ The housing market is heading towards an all-out Armageddon in the next four to five months, with people walking away from their underwater homes due to propaganda and forbearance traps.
๐ฐ Real estate prices have the potential to fall by 50% due to the impact of missed credit card payments and low loan rates.
๐ The housing market is facing a crisis with too many homes on the market and too few buyers, leading to panic and seller concessions.
๐ฐ The Ninja warns that if people aren't prepared for the economic changes, they could face a decade of poverty similar to the Great Depression.
๐ The real rate of inflation is as high as the late 70s right now and it's going to get worse because of trade wars.
(6/14/2024)
๐ The lending insider with 40 years of experience is about to expose how to save a lot of money on mortgages for free.
๐ฅ Mortgage rates are about to change, and it's going to show you how to save thousands of dollars.
๐ The agencies that publish the weekly rate surveys have gone the way of fake news or propaganda, leaning more towards emotions than facts.
๐ฐ Banks are charging exorbitant fees upfront, with borrowers having to pay thousands of dollars before their loan even closes, and this money is never coming back.
๐ Banks start charging points when interest rates rise, bringing mortgage rates up, leaving borrowers in "The Hurt Locker."
๐ Banks may encourage paying points for a lower rate to create a time buffer as rates fluctuate.
๐ฒ The comparison of mortgage rates to a casino strategy is eye-opening and controversial.
๐ค By thinking like an investor, you can save lots of money by avoiding excessive fees and navigating through a deal strategically.
(6/14/2024)
๐ฐ Despite being penniless, the insider now does massive real estate deals with the biggest hedge funds and groups in the world.
๐ The danger of ignoring warning signs in the real estate industry, as seen in "The Big Short."
๐ฐ Most people were afraid for me in the year 2000 because I was buying homes hand over fist, but they didn't understand the strategy behind it.
๐ก Real estate success story: turning the worst house on the street into a profitable investment through hard work and dedication.
๐ Points on loans rise when interest rates go up, indicating that banks expect home prices to stall and drop, leading to potential borrower defaults or refinancing.
๐ Prices are dropping all around the country, despite the panic in the real estate market.
๐ Carlton Sheets inspired one of the wealthiest real estate insiders in the world, owning more homes than the top 1% of the nation.
Daily small steps leads to big long term progress. Keep Crushing It!
-Ninja Out