Lately, news headlines seem to do more harm than good, stirring up fear rather than providing clear information. And that's exactly what’s happening here! ❌

If you’ve only read the headlines, you might believe a correction is looming over the residential real estate market. But let's clear things up: what Grant Cardone is actually talking about is the commercial real estate market, not residential. 🤔

Commercial real estate operates a bit differently. Financing for these properties often involves balloon payments, which are due after a few years. When that time comes, owners will need to refinance, and with today's higher interest rates, this can create problems. Property owners could end up with negative cash flow or be forced to sell. 👎🏼

This situation may lead to an increase in commercial real estate inventory, which could slow the growth of prices in that sector.

So while Grant Cardone’s statement about a possible market correction isn’t necessarily wrong, the way it’s being spun in the headlines is misleading and aims to spread fear. 🫠

Let this be a reminder: always take news headlines with a grain of salt. Make sure to read the full article before jumping to conclusions! ✅