Setabay Private Hard Money Lender: How Car Sales Can Determine Real Estate Strength

Friday, March 6, 2020

How Car Sales Can Determine Real Estate Strength

Keep an eye on car sales to help inform your real estate decisions when you borrow from a HYPERLINK "https://level4funding.com" hard money lender. Real estate investors are savvy when it comes to the housing market, but when they're ready to borrow from an HYPERLINK "https://level4funding.com" Arizona hard money lender they will pay attention to the bigger picture to make important decisions about their portfolio. There are two large financial indicators of the economy because they are the two biggest purchases most people will make: cars and houses. So how do car sales inform real estate investors of the strength of the real estate market? When car sales change drastically, it can be a foreshadowing of a bigger economic upturn or downturn. Recently, car sales for the big brands like Toyota and Honda have dropped drastically. If consumers aren't making large purchases like cars, the real estate trends will tend to follow, and vice versa. As the economy trends that direction, consumers will become wary of other big purchases like homes and real estate investments. Why is that? Consumers Hold Their Breath We all remember the big real estate bubble that burst in 2008 and buyers and sellers are anxiously awaiting another large sway in the market. Though we may see something similar, we won't see a burst to that extent anytime soon. That being said, some owners are wanting to sell their homes before that tide does turn. That means we may see an influx of homes on the market after the new year. That's the time for real estate investors to get their hands-on homes to fix and flip, or to buy and hold. If you have any questions about how to use a HYPERLINK "https://level4funding.com" Arizona hard money lender like Level 4 Funding to help you make a purchase for your real estate investment portfolio, reach out to us to find out what we can offer.
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