In this video I talk about the truth behind what this market recession is all about. Many people begin to live in fear once they hear that the market is going to crash or that there will be a recession. However, what most people fail to realize is that everything in life goes up and down and it's normal. I explain in this video why there's really no reason to fear the upcoming market correction. Home prices have gone up significantly in the past few years and it was only a matter of time before the market began to correct itself. During every recession, people make a lot of money and lose a lot of money. It really just depends on which side of the fence that you want to be on. Now the home prices are starting to come down, this is an opportunity for buyers who were getting priced out, to now purchase a home at closer to market value again. The right realtor will help you negotiate a good deal especially if a house has been sitting on the market for a while. And realtors, make sure you target the homes that have been sitting for 30 days or more to get better deals for your clients. Those sellers are more likely to budge. If you'd like a step by step blueprint on how grow your business as a Real Estate Agent using YouTube then check out the Ultimate YouTube Guide For Real Estate Agents: https://lillianchukwueze.gumroad.com/ OR you can get the physical copy on Amazon: https://amzn.to/3d4cjdW Time Stamps 0:32 Market shift 0:54 What is a recession? 1:54 2008 subprime mortgage crisis 3:33 New Home Builds 4:20 2022 housing market correction 5:00 Home prices ► Partner With Me at eXp Realty! https://lillianchukwueze.exprealty.careers Want to learn more about eXp before joining? Schedule a FREE call with me! If you'd like a step by step blueprint on how grow your business as a Real Estate Agent using YouTube then check out the Ultimate YouTube Guide For Real Estate Agents: https://lillianchukwueze.gumroad.com/l/IbJCF ► Hire Virtual Assistants/Outsource Tasks on Fiverr.com https://go.fiverr.com/visit/?bta=295434&brand=fiverrcpa ► Grow Your YouTube Channel https://vidiq.com/lillianchukwueze Related Videos: How To Get Your Offer Accepted On a House In 2022 https://youtu.be/-mitpUQOAvA How To Generate Free Leads As a Real Estate Agent in 2022 https://youtu.be/2pYyUhRlNY4 The Best Way to Get More LISTINGS as a Realtor https://www.youtube.com/watch?v=6jtsA_OhaFQ ____________________________________________________________ My Gear: Camera Gear/Setup: Camera: I use Sony a6500 but it's not available anymore. The a6400 is better in my opinion https://amzn.to/3B3GV9e Lens: Sigma 16mm f/1.4 https://amzn.to/3PI3Vik Selfie Ring Light: https://amzn.to/3RKOHuL Tripod: https://amzn.to/3PB0rxO Teleprompter: https://amzn.to/3RPINbO Wireless Microphone: https://amzn.to/3zkFUsa Background Lights: https://amzn.to/3ofJmhg and https://amzn.to/3coFx6W Let’s be friends! ► INSTAGRAM: https://www.instagram.com/lillianchukwueze ► FACEBOOK: https://www.facebook.com/lillianAchukwueze ► TIKTOK: https://vm.tiktok.com/ZMdpfG6rY/ ►LINKEDIN: https://www.linkedin.com/in/lillian-chukwueze-1b9bb194/ ►Email: Lillian.chukwueze@exprealty.com Don’t forget to LIKE! SHARE with a friend. And SUBSCRIBE to my channel for more videos about Real Estate and Marketing! #HousingMarketCrash #HousingMarketCrash2022 #HousingMarketBubble

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