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The Great American Housing Boom Has Begun

The Great American Housing Boom Has Begun

What if I told you that US housing is one of the best money-making opportunities today? You’d probably think I’m crazy. After all, how can anyone think housing is a good bet right now… especially in the middle of a global pandemic?

Well, today I’m going to show you the facts. You’ll see exactly why I’ve never been more excited about US housing. You’ll see why the coronavirus hasn’t even dented this market. And you’ll find out the best way to play this boom for maximum profits.

The Residential Housing Market Is Worth $35 Trillion

And it’s absolutely BOOMING. This past month, new home sales surged 55%—their biggest gain since 2005. The number of Americans looking to refinance their mortgages jumped 111%. And Quicken Loans—the US’s largest mortgage lender—just had the best quarter in its 35-year history.

In the first six months of 2020, Quicken funded a record $120 billion in home loans. It broke the record for its best lending year ever with six months to go.

And get this: last month, the average home sale price spiked 6%. This marks 100 straight months of gains, according to the National Association of Realtors (NAR).

You’d expect these stellar growth numbers from a tiny disruptor having its “breakout moment.” Yet, we’re talking about America’s biggest industry!

Source: Stephen McBrideContributor

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