Market neaded a healthy correction 2 years ago. Im afraid new buyers will get burned. Middle class cant afford average home, gerting more expensive will only make the country more sick.
For the first time its chealer tonrent a house..its has almost ALWAYS been more expensive to buy a house than to rent. The only exception was the wake of the gfc
And no equity when you rent 😂. You're making your landlord wealthy 👍 You wish you could have bought a house 30, 40, 50+ years ago and you would have gotten a great deal. But inflation takes care of that, and it will continue just not at rates we've had the past few years. Good luck with your dreams of a housing crash/correction (supply & demand is making sure you American dreamers don't become homeowners 😁)
A depression will take care of high housing costs, high insurance costs and high property taxes. Mass deportations, tariffs and downsizing the government may take it's toll.
What we need is more home SELLERS! The supply is too low.
Interests rates are not the problem, prices are. They need to come down 20-25%.
@@Delvy787 won’t happen
Houses in really undesirable areas cost 650k.... That's CRAZY.
Interesting, a strong market despite high rates. Thank you for these observations and insights for home buyers real estate investors.
Market neaded a healthy correction 2 years ago. Im afraid new buyers will get burned. Middle class cant afford average home, gerting more expensive will only make the country more sick.
How about just increase the minimum wage again and that way everyone can afford it 😢😅?
He forgot to dye the sides of his hair lol
The bump in demand is due to melt-up worries.
For the first time its chealer tonrent a house..its has almost ALWAYS been more expensive to buy a house than to rent. The only exception was the wake of the gfc
... And get price gouged by mortgage lenders for overpriced money traps.
Don’t use redfin. You get what you pay for.
Redfin adding BTC to their portfolio 💼 will help shareholders 🏡📈 copy MSTR 🔥
And no equity when you rent 😂. You're making your landlord wealthy 👍 You wish you could have bought a house 30, 40, 50+ years ago and you would have gotten a great deal. But inflation takes care of that, and it will continue just not at rates we've had the past few years. Good luck with your dreams of a housing crash/correction (supply & demand is making sure you American dreamers don't become homeowners 😁)
A depression will take care of high housing costs, high insurance costs and high property taxes.
Mass deportations, tariffs and downsizing the government may take it's toll.