American IRA Discusses Home Prices “Cooled” at a Record-Breaking Rate in July
American IRA recently reacted to the Case-Shiller Index that described cooling in the real estate market, as per CNBC, by publishing a response on its blog.
CHARLOTTE, NC, UNITED STATES, January 8, 2023/ EINPresswire.com / -- While the real estate market tends to slow and reverse trends at a glacial rate—at least compared to the stock market—recent news is suggesting that there may be a turn happening. American IRA, a Self-Directed IRA administration firm based in Asheville, NC, recently took to its blog to react to a recent story in CNBC that pointed to the Shiller-Case Index and rapid cooling that’s occurring in real estate prices across the U.S.
In the article, American IRA introduce the topic as presented by CNBC, covering the fact that prices rose an average of 15.8% across the nation in July 2022 over July 2021—however, this was a big drop off from the rise in June, at 18.1%. This largely unprecedented cooling-off has pointed to a potential trend reversal in real estate prices, which is relevant to American IRA’s audience, many of whom are Self-Directed IRA real estate investors or aspiring to be Self-Directed IRA real estate investors.
American IRA then presented its reaction to the statistics. Presenting the stats in greater context, American IRA highlighted why this is such a forceful change in real estate prices, and what it might mean for people who seek out Real Estate IRAs. “Real estate is not immune from the problems of inflation and higher interest rates in the general market,” noted the post, which suggests that wise investors should continue to watch macroeconomic trends to get an idea of where real estate may be headed in the future.
American IRA wrapped up by explaining why real estate is not immune from these macroeconomic trends—while developing how investors may approach real estate in the future because of what’s happening in stories like the Shiller-Case index in July.
For more information, visit the post by clicking to www.AmericanIRA.com. Interested parties may also reach out to the Self-Directed IRA administration firm American IRA by dialing 866-7500-IRA.
American IRA, LLC was established in 2004 by Jim Hitt, Founder in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $500 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties, or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term “they” refers to American IRA, located in Asheville and Charlotte, NC.”
American IRA, LLC
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