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Leading Expert Debunks Imminent US Housing Market Collapse Forecast

Tuesday, 30 March 2021 08:00 AM

Joe Manausa Real Estate

In the past couple of months, the US housing market forecast has at best been bearish, with many experts in the news predicting a crash, but Joe Manausa begs to differ.

TALLAHASSEE, FL / ACCESSWIRE / March 30, 2021 / The US housing market forecast in the news has been grim for the most part. Some experts openly talk about a potential collapse, similar or maybe worse than Americans experienced in 2005-06.

Joe Manausa Real Estate, Tuesday, March 30, 2021, Press release picture

However, Florida based real estate expert Joe Manausa begs to differ, in an official company blog post stating that "Each of these self-proclaimed experts latches onto one or two statistics and then builds a narrative about how that sole statistic means the end of the housing market as we know it."

According to Joe Manausa, it is essential to look at the market as a whole to understand how it's moving. Currently, the prices of homes are moving up, which at the top-most price ranges are too expensive for the average American to buy, at which point there will be a luxury-homes market correction expected. However, demand for homes is high because of low mortgage interest rates and key demographics changes in the population. Supply is far lower than demand and "is awash with equity." These and other factors (as pointed out in the report) boldly highlight the fact that the housing market isn't on the verge of collapse. The market is pretty stable if all factors were taken into consideration. The biggest threat to the housing market is the pace at which mortgage interest rates rise.

People interested in the full report about the housing market in 2021 can find it at https://www.manausa.com/blog/housing-market-2021-boom-or-bust

"Many of the experts you see on television or now on YouTube take one or more of the statistics out of context. Also, many are not looking at the market and its influencing factors as a whole. When forecasting something as serious as the collapse of the US housing market, something which could trigger fear and panic, it is important to base your analysis on all market factors. That's exactly what I did and found that most of the US housing market forecasts made by so-called experts were incorrect, and that led me to publish this report." Said Joe Manausa, the CEO of Joe Manausa Real Estate.

He added, "I've been a real estate broker for over 30 years and know a thing or two about a market collapse. So, far I just don't see the signs that experts keep mentioning or the factors that trigger a collapse."

About the Company:

Joe Manausa Real Estate is owned and operated by Joe Manausa, a 30-year veteran of the real estate industry. The agency prides itself on providing buyers and sellers with reliable, up-to-date information allowing them to make the best decision.

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For The Media

Company: Joe Manausa Real Estate
Name: Joe Manausa
Address: 1934 Dellwood Drive Tallahassee, FL 32303
Phone: (850) 888-0888
Email: [email protected]
Website: manausa.com

SOURCE: Joe Manausa Real Estate

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