Real Estate Housing Market Crash - Bubble Will Burst!
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- Опубликовано: 9 июн 2024
- Will the real estate housing market crash? When will the real estate bubble burst? Will housing prices come down in 2022? As a long time Beverly Hills real estate agent I hear these questions all the time. I also hear Realtors on RUclips who have been agents for almost a minute share they're expert knowledge on why they feel the real estate market will not crash. In this video I debunk some of their theories. If there is a stock market crash will it effect the real estate market? Yes the stock market crashing will effect real estate can could cause the real estate bubble to burst. Is there a housing shortage in the United States. No. There is increased demand for housing not a housing shortage. When demand lessons after a real estate crash there will suddenly be plenty of housing available.
John McQuilkin
Priceless Experience You Can Count On!
Rodeo Realty
202 N Canon Drive
Beverly Hills, CA 90210
#01338501
Do you think the real estate market is going to crash? Do you think prices will continue to rise? Please share your thoughts on the real estate market. 😀
"they call me chicken little" - big short. I agree this is 💯 a bubble
@@thesoccertrotter1 thanks for watching. Bubble indeed!
@@RealEstateHappens I've started to see houses on Zillow reappear and I look at the sale history and they were sold 3-4 times in the last 2 years. Some strange investor holding going on
@@thesoccertrotter1 I agree about the strange investor holding. There is a home that is listed now for $50,000 less than what it sold for last year.
I appreciate these videos. Teaching me quite a lot keep them coming
Thank you Janice! 😀
@jay chris
How much do you make from financial market in a month.
I know it sounds odd but just curious because I have seen many people who are into it making thousands and millions.
@jay chris
?
And what's your area if specialisation in the market?> Thanks.
@jay chris
everyone seems to trade with this man.
My colleague at office is under his mentorship as well>. I guess his experience over the years is a catalyst to his success and consistency in making profits. I will give him a try.^
@@kathythompson6021
I'm one of his beneficiaries. Under his advisory, i make good trade income. Got 4 of friends involved and they are all doing fine. Didn't expect to see people talking about him here.🙏☺️
Thank u for keeping it real 🙌🏿💯
You're welcome!
Love this! This is exactly what I've been saying.
I appreciate your comment!
Great content, thanks!
Thank you for watching!
Here in Dallas we have tons of land and 50,000 permits pulled for new construction in the last 2 years. This supply will be hitting the market as a likely recession starts and rising mortgage rates are driving down affordability and demand. As a first time home buyer, I'm waiting till 2024 and saving as much as possible
Yes, wait. Now is not the time to buy unless you have a particular situation that makes buying now advantageous.
Same
@@ahmedareem9599 yes same thing is happening in Florida. By the time all the new builds are completed we may be in the middle of a huge recession.
They keep telling me the Housing Market Ship is sailing smoothly, its HOT 'HOT' HOT' Not Sinking .., "They say" As we are all standing on the Deck being served the kool-aid while listening to the band playing and are leaning at a 20. deg slant and the Captain is staring and smiling at us while Sweating bullets!
Great comment and very true! 😀
John you’re the first person I see in YT saying there’s no shortage. The mantra is a deficit of 5 Mill homes. However in the country there are 1.5 Mill more housing units than households (😔total housing units including owned +rentals). There’s isn’t a shortage of homes but a bump in demand that isn’t sustainable. Concurrent with the 20/21 housing run up and rent spikes we have had lower than expected birth rates, higher than expected deaths and a crash in legal immigration (border crossers mostly pile up 8 to a room). This is a temp bump in demand as result of stimmies + low rates + loan forbearances + WFH = FOMO. This current demand is borrowing from future demand in the next 1-3 yrs when there will be a lull or crash in demand.
Thank you for your comment and your kind words. You are correct. There is increased demand but not a shortage. When the market crashes there will suddenly be lot of vacancies all over a country that they say has a housing shortage. 😀
We will soon have a buyer shortage......
Yes we will.
YEP !...You are correct !
Can you do a video on new home builds. What if I bought a high priced home last year in November 2021 for $726k. What if the crash happens this year in July 2022. If the appraisal comes in at $500k in June 2022, Will new home builds match that-?- or will they put it back into the market for $500k?…..
New home builds will lower their list prices to whatever the current comparable homes in the area are selling for.
Don't forget the people that do not have a fixed rate. Fed said 3 increases coming. People may lose their homes..
That's true.
There is "housing shortage" because people want to keep their low interest rate and don't want to sell. Therefore the supply is low and therefore there is housing shortage in the market.
I think this is a question of semantics. There is low inventory of available homes for sale but there is not a housing shortage in the United States. As soon as the market turns there will suddenly be an increased inventory of homes for sale. There will be increased vacancies. If there was a true shortage of homes there would not be vacancies when the market crashes.
@@kwonjincherl1364 You are absolutely right. Most people are doing better than ever right now financially. And if they have locked in a low interest rate there is no reason to sell unless they have to sell for a specific reason.
theres a housing shortage cuz we haven't built enough homes since 05.
@@thesherman1492 Thank you for your comment. I respectfully disagree. As soon as the market crashes there will suddenly be lots of vacancies and homes available and the shortage will magically disappear. There will still be the same amount of people in the United States but suddenly lots of vacancies.
The real question is , do you know why housing goes up in the first place? That's the question because the driving force behind the prices increase is there now. In fact in massive amounts. The last 50 years of ups and downs had a little bit of that each time. But this time one hell of a lot more. A bubble (that we are not in) is people buying because they're going up , and it's only going up because people are buying. That comes at the end after the driving force has works it's way through. There really is no demand for housing alone. The demand is for the money expected as an increase of the homes price. And for that there is a huge demand. Who doesn't want the more $? Anyone buying now won't be disappointed as the prices will still go up about 15 years more. That's before a bubble starts.
Thanks for commenting. Can't agree with you that home prices will go up for another 15 years. It simply is not sustainable. Buyers will stop buying and sellers will be forced to reduce prices if they want to get there homes sold.
@@RealEstateHappens This is inflation . Has been the whole time. 2008 our money supply was 8 trillion $. Now with what is spent and what is voted to spend by congress and signed by president is 44 trillion $. One hell of a lot of money . All increases prices. Might help you to watch Milton Friedman Speaks: Money and Inflation link below. You'll see prices go right up with money supply that = inflation. We still have 400% increases to go up. Yes a home of 500K will be 2.5 million at the end of this. Prices will go up until it reaches a point of equilibrium to the new money supply. No way to avoid it now.
ruclips.net/video/B_nGEj8wIP0/видео.html
Keith did you ever hear about AMC stock and how it was manipulated ?? If you knew or at least now they know about it and apply it to the housing market now and you will understand the real scenario driving the real estate and housing market ......
@@rambaan2615 This is inflation . Has been the whole time. 2008 our money supply was 8 trillion $. Now with what is spent and what is voted to spend by congress and signed by president is 44 trillion $. One hell of a lot of money . All increases prices. Might help you to watch Milton Friedman Speaks: Money and Inflation link below. You'll see prices go right up with money supply that = inflation. We still have 400% increases to go up. Yes a home of 500K will be 2.5 million at the end of this. Prices will go up until it reaches a point of equilibrium to the new money supply. No way to avoid it now.
ruclips.net/video/B_nGEj8wIP0/видео.html
@@ken123432 " This is inflation"
Inflation does contribute, but if it was just inflation alone, gold, silver and other commodities, such as food and energy would have gone up by just as much, but they haven't. Most of the buying is based on extremely low interest rates that has created speculative demand. Mortgage rates are heading up and every time they have in the past, buyers disappear and prices fall. I could set my watch to it. When prices collapse, the fed steps in and cuts interest rates to prop up housing, but we have reached zero and the fed has no bullets left. We have reached the end of a long era where the fed has been able to prop up housing. If you look at a FRED graph of mortgage rates which goes back as far as 71, you'll see that after 81 when the mortgage rates were 18%, the rates have gone down progressively to where they are now. There is no where for them to go but up; and that means no one unless they have a huge amount of savings will be able to afford current prices. A crash is imminent.
OMG😍,Awww💞 I love this!!! Do what the pros do > Promo`SM!!!
Housing market crash is not coming
Same reply getting old bruh 😪
@@FiveBangers thanks Heath!
Thanks for your comment. Why do you believe a housing market crash is not coming?
@@RealEstateHappens the Feds don’t care about human life, if you live on a tent or live on your car or under a bridge they don’t care, that they say and what they do are 2 different things,
Oh Homes , No more tequila for you !