Graham Stephan: 4 Things To Know About the Reverse Housing Crash of 2024 [Yahoo! Finance]
Intercontinental Exchange Inc. (ICE)
Last intercontinental exchange inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
Rising home prices and interest rates have left would-be homeowners sitting on the sidelines, waiting for the market to become more affordable again. When will prices and interest rates drop? Not any time soon, according to real estate expert Graham Stephan in his late 2023 video, “ It's Here: The Reverse Housing Crash of 2024 .” Here's what he had to say. Read Next: Here's When To Buy a New House, According to Kevin O'Leary Check Out: Become a Real Estate Investor For Just $1K Using This Bezos-Backed Startup Understanding Prior Market Downturns Stephan starts with a short history of real estate market downturns. The most severe one occurred between 1929 and 1932, when the stock market hit record highs from speculation and everything crashed — including housing. Home values plunged an astonishing 67% — and took almost 30 years to recover. The early 1990s saw a dip in home values of around 10% following the savings and loan crisis correction. Prices largely stayed flat unti
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Earnings
- 5/2/24 - In-Line
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Sec Filings
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- 6/7/24 - Form 4
- ICE's page on the SEC website