How We See Families Lose Generational Wealth with Real Estate and Stocks

Recap of 2022 and our take on the look forward into 2023 for Real Estate, Stocks, and the Economy

• About 70% of wealth is lost within 2 generations as the family of Cornelius Vanderbilt did
• How the stock market did in 2022 and how much real estate prices fell from its peak
• Spike in mortgage rates softened home buying demand
• Personal Savings Rate falls, lowest since 2005
• It’s said about 70% of wealth is lost w/in 2 generations. Vanderbuilts lost it. Rothshild hasn’t. Stay quiet or under radar. Don’t be loud.
• House features that were in demand are no longer as popular because of the maintenance and installation costs, POOLS •National association of realtors-- Median home price across USA is up 3.5% In November from the year equating to $370,700 but prices soften month to month for the fifth time in a row
• In CA, 89% of homeowners who have a loan are enjoying a fixed rate at or below 5%. 71% have 4% rate or lower.
• Case Schiller Home Price Index showed prices fell 0.5% in October. Still up 9.2% yr yr. Pace appreciation decelerated was up 20.8% at peak in March. Prices declined about 3% across nation. 10-20 city index are down about 4.6% from the peak. Full Count channel is to help others gain knowledge from various industries/topics but primarily real estate.

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*note: current events, data and information are based on the recording date of Jan. 2023

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This channel is to help others gain knowledge on various industries and topics, with a main focus around real estate, real estate investing, and wealth building. There will discussions on various topics, ranging from past and current real estate market trends, different real estate investing techniques, and how to excel under pressure; i.e - "The Full Count Moment". This channel will also host guest interviewers who will share their stories and expertise on becoming successful. 

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