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Home Price Still 30-40% Too High | Nick Gerli Well, the average home price in America remains just about as unaffordable as it's ever been. In fact, a recent report from real estate data provider ATTOM examined the median home prices last year for roughly 575 U.S. counties and found that home prices in 99% of those areas are beyond the reach of the average income earner. And to add insult to injury, 30-year fixed mortgage rates just rose back above 7%. So, what lies ahead for home prices in 2024? To find out, we welcome housing analyst Nick Gerli, founder of re:venture Consulting and creator of the new re:venture APP back to the program. To hear Nick’s predictions for where housing is headed, click here or on the image below: REMINDER: the Early Bird Price discount to our upcoming conference expires soon, so register now! I’m so grateful to everyone who has made their way to Thoughtful Money, especially those of you who have kindly supported me by becoming a premium subscriber to this new Substack. It’s making an important difference in helping me afford the substantial startup costs of birthing this new venture. Premium supporters will receive my “Adam’s Notes” summaries to interviews going forward (yes, they’re back!), plus periodic advance-viewing and/or exclusive content not made available to the public. My Adam’s Notes for this discussion with Nick are available to them below. If you, too, would like to become a premium subscriber to this Substack (it’s just $15/mo, less than $0.50/day), then sign up now here:
Adam is the President and Co-Founder of Peak Prosperity. He wears many hats, but his basic job is to handle the business side of things so that his fellow co-founder, Chris Martenson, is free to think and write.
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