In order to put my education to good use, I started teaching college classes online seven years ago.
Teaching was never part of my career path. But I’ve found that I really enjoy it.
Since I started, my classroom has grown from about 12 students to more than 28 each term.
That growth really took off during the COVID pandemic. Traditional college campuses closed, pushing students toward online classes to further their education.
Now, online education is well-integrated into all levels of learning — from grade school all the way to graduate school.
The energy crisis doesn’t look like it’s going away anytime soon. But tech expert Adam O’Dell has found a little-known company that has developed new tech to access the largest energy source on Earth … a source that could produce 5X as much power as the largest oil field … in just one year. There’s still time to get in early.
The most recent data shows we’re selling fewer homes now than when we were living under lockdown conditions.
At an annualized pace, just 4 million homes were sold in January. You can see in the chart from Wells Fargo below that this is near the level of activity following the housing market crash in 2006.
But this time is different.
Sales collapsed after that bubble because many bought as prices were moving up and it became more difficult to qualify for a mortgage.
This time, there hasn't been enough supply to satisfy the demand in housing. And mortgage standards are about the same as they were a year ago.
Buyers and sellers are realigning their perceptions to the current market:
Buyers will get smaller homes than they could afford at lower rates.
Sellers will get slightly lower prices.
Bottom line: The housing market isn’t crashing. Home sales activity and prices are likely close to a bottom.
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