The housing market is a mess. Data from the National Association of Realtors shows that between May 2021 and May 2022, existing home prices soared nearly 15%. Since March 2020, they’re up 37%.
Rent prices are skyrocketing too. RedFin reported that median asking rent rose 15% from May 2021 to May 2022 to reach a record $2,002.
In the background, economic forces are making things worse. Over the last couple months, interest rates and inflation have climbed even higher.
It all sounds pretty bleak. But for investors, this housing crisis offers a number of real estate investment opportunities.
In this episode of Angel Insider, Vin Narayanan and Allison Brickell discuss how the housing market got to this point, why investors should consider both commercial and residential real estate, where the best real estate deals are and more.
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