171 - The Big Bank Crisis of 2023: What Will It Do To Housing?!

Okay, so you’ve seen it all in the news - big banks are in a crisis right now. According to the news, we’re all done for! But, is that really the case? David Sidoni dives into research and data to give you the REAL story behind the bank failures and how this could affect the housing market for this year. Also, he throws it into a handy-dandy cheat sheet to help you understand this mess.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeThis podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!Visit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us! Resources Mentioned Bank Runs and Rescues: A Timeline of This Week’s Panics Why Regular People Need to Know About SVB’s Sudden Closure Ask a Nerd: How Will SVB’s Closure Affect Me? Silicon Valley Bank, Proptech Hub For Real Estate Clients, Collapses  Mortgage Rates Nosedive In Fallout From Silicon Valley Bank Failure Signature Becomes 2nd Major Real Estate-focused Bank To Fail How SVB’s Collapse Could Impact Housing Market SVB Collapse Set To Completely Upend Housing Market How 3 Recent Bank Failures Could Impact Housing Market Savers Could End Up Being Big Winners After SVB Collapse