Flipping America

The click-bait con artists on YouTube are making money telling you the housing market is going to collapse in 2021. Today I’m going to tell you why they are wrong.  If you were following real estate at the beginning of 2020, you would have been able to find any number of morons on YouTube talking about why the real estate market was going to crash in 2020. They didn’t have statistics to back up their claims. The closest some of them got to logic was to refer to the cyclical nature of the economy. They would say “it’s time.” Some even said, “I don’t know what’s going to happen, but something will. It does every ten years.”  “Hogwash” said I. All of the data pointed to a robust year. I confidently predicted a 7% rise in the value of homes by the end of 2020. I also predicted that we would see a drop in the number of homes sold, but demand in excess of supply coupled with low interest rates would push the price up.  Then the pandemic hit. And I was told by many, “see? I told you so. I told you something would ha