No Housing Bubble? Home Buyer Tax Credit Is BAD NEWS! Foreclosures Coming! On this weekend edition of the Kwak Brothers channel, we brought in our producer Nick to fill in for Sam. In this episode, we talk about how Jerome Powell from the Federal Reserve claims there is no housing bubble at the moment. We talk about how there is looming foreclosures reported from a federal agency and how 3 of the counties that we discuss are from our home state. And we also talk about Joe Biden’s first time homebuyer tax credit of $15,000 and the future complications that come with that.
0:00 Jerome Powell talks about the housing bubble
4:55 Foreclosure vulnerability by location
11:33 April 2021 monthly housing trend report
13:53 Biden’s first time homebuyer tax credit program
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—DISCLAIMER— The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.