Important information on the recent bank collapses and our market.
Have you heard that our country just went through the second and third-largest bank failures in history? Silicon Valley Bank and Signature Bank recently had to close down, which will affect real estate greatly. There is a lot of information floating around about this subject, so I am here today to help you understand it all and what it means for you.
Watch my full explanation in the video above or skip to specific topics using these timestamps:
0:00 — Introduction
1:45 — My thoughts on the Business Journal article
3:00 — The Fed doesn’t want to be bullied
3:42 — Is there a window of opportunity for buyers?
6:08 — Two schools of thought that could leave you frozen
7:10 — Why it might be a good idea to act now
8:28 — Wrapping up
If you want help taking advantage of this opportunity and buying a home, don’t hesitate to reach out! You can call or email me anytime, and I would be happy to help you.