Atlanta Fed sends huge warning about US Economy (do not buy a house this year)

The Atlanta Fed just reported that wage growth in the U.S. dropped to its lowest level in nearly 5 years, at only +3.7% in December 2025. This is now below the long-run average and follows other wage tracks like Indeed, Paychex, and the BLS, which all also report slowing wage growth. This is of course a huge headwind for the U.S. Housing Market in 2026, as slower wage growth and reduced raises will compromise people's ability to afford a house. Especially with affordability already at multi-decade lows. Here in Nashville houses are going for $700k-$2M in the neighborhood I'm walking around in according to Zillow listings. How can anyone afford it? The typical homebuyer in Nashville now needs to earn over $116,000 per year to afford a house. In Las Vegas its $110,000. In Orlando it's $120,000. And in California good luck buying if you make less than $200,000. Data on Reventure App shows the Salary to Afford a House for nearly every ZIP code, county, and metro in the U.S. Access the data under a paid premium plan to see the forecasts for your ZIP. 💡 Join 1,000,000+ users using Reventure App to find undervalued markets, avoid housing bubbles, and plan their next move. 📊 Explore Reventure App web → https://www.reventure.app 📱 Download the iOS App: https://apps.apple.com/us/app/reventure-app/id6736954854 📱 Download the Android App: https://play.google.com/store/apps/details?id=com.reventure.mobileapp&hl=en_US And when one looks at the demand metrics - they're tanking. Redfin is reporting the lowest pending sales demand on record to end 2025, and continued declines in 2026. ShowingTime, a Zillow-owned agent platform, is showing that home tours are down to start 2026. Concerning signs for the state of the U.S. Housing Market to begin the year. --- Get priority during livestream chats by signing up as a Channel Member: https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting, Reventure App, or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel, along with Reventure App's data, and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting or Reventure App does not establish a formal business relationship.