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Updated almost 4 years ago, 01/02/2021
How to invest in-front of a looming real estate crash?
Hello, everyone!
I'm a new investor that was keen on getting into the real estate market in 2021. As I'm reading more and more I'm seeing a pattern of belief that we are headed toward a real estate crash. Unemployment is very high with around 13MM people jobless. Many homes are having their foreclosures delayed through 2020 with much of it coming due in 2021. Home inventories are quite low and a number of people are buying properties in a flurry only to experience buyers remorse immediately after.
Many seem to believe that in 2021 we will see foreclosures begin, a full price crash starts in 2022 as inventories skyrocket in the face of delinquency and foreclosure, and moving to 2023 and beyond we may see a continued down turn similar to 2008.
What are peoples thoughts on 1) the chances this is the US markets real estate future, and 2) what strategies can I employ in 2021 to get involved in real estate without losing my position in 2022.