2023 is a pivotal time in the real estate market. The logical correction that should have occurred in 2020 is upon us. Since the economic shut down, real estate should have declined in value, but low interest rates and the government pumping money into everyone’s hands created a huge asset bubble that has been increasing until now. The economy is slowing and the federal reserve continues to raise rates - the result - a slowdown in real estate and declining prices. This isn’t the first downturn I have been through and I can speak through experience. Not all downturns are the same, they all have different catalysts, but they are all similar. In this video I break it all down and tell you what I see happening for the rest of 2023 and how you should react to it.
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Ken McElroy has lived and breathed real estate for his entire adult life, learning from the ground up. He shares his insights and experiences on his podcast, “Real Estate Strategies with Ken McElroy,” and on his wildly popular YouTube channel. Ken is passionate about educating others so that they too can experience financial freedom through real estate investing.