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| Name | Home builders trigger major Recession Warning. Supply spikes to 2008 levels. |
| Video Uploader | Video From Reventure Consulting |
| Upload Date | This Video Uploaded At 06-07-2024 22:51:41 |
| Video Discription | Home builders are reporting the biggest growth in unsold inventory of homes since 2008. With Reuters reporting that the supply on builder lots just hit the highest level in 16 years. Access data on Reventure App: www.reventure.app This is the signal of an imminent housing slowdown and economic recession. Or at least it has been historically. Each of the previous 6 recessions was preceded by a big surge in home builder supply. This is especially true in the housing market in the south, where homes for sale from builders is now at the highest level of all-time. Even higher than the previous peak in 2006, meaning that states like Florida, Texas, Tennessee, Georgia, and South Carolina could be seeing a major and continuing surge in inventory of homes for sale in coming years. --- REVENTURE APP: https://www.reventure.app Access Exclusive Data and Videos as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/ [U3qUtMb489s] |
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