Realty411 Magazine Featuring Lee Arnold from Cogo Capital | Page 34
K a t h y ’ s 2 0 1 9
H o u s i n g F o r e c a s t
By Kathy Fettke ,
CoCEO of the Real Wealth Network
W
elcome to my 2019 Housing
Forecast! I’ve been doing these
predictions for many years
starting well before the housing
crisis, when loans
were easy and home prices only went “up.”
I was a mortgage broker back then, and knew
something was very wrong in the lending world. I
couldn’t understand how it made sense that I was able
to give a loan to just about anyone… and I got my
answer in 2008 when the housing market crashed.
Since then, it’s become my passion to understand the
politics behind economics, so that I’m never caught off
guard again. Please note: these thoughts are my
opinions only. and not to be construed as financial
advice.
My theory on the housing
market boils down to these three
factors:
• Real estate values are tied to jobs.
• Jobs are tied to the economy.
• The economy is tied to Federal
Reserve policy and government
regulations.
That’s a very simplified version
of the housing market machine, but decisions by the
Federal Reserve and the government can have a torpedo
like impact on real estate. So if you take a close look at
what’s happening with the central bank and government
policy, you might get a clue as to what is coming.
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