Real Estate Industry in Panic Mode:
45% Drop in Home Purchases – Bigger Than '08! Home sales are now down 31% in 2023.
Without transactions, many jobs that are commission oriented are seeing huge declines in incomes. Real estate agents, mortgage brokers, title insurance, home… pic.twitter.com/PfIMwaQ7X2
— Wall Street Silver (@WallStreetSilv) September 4, 2023
Crap, all of my stocks are in real estate. My guides and angels give absolutely zero help when it comes to money or the stock market. Hopefully, it doesn’t go down too much or that it is already priced in. It looks like this happened in 2008 also when the stock market crashed and burned really hard. Hopefully, that is not the case yet. I didn’t buy any gold or silver yet.