US real estate market ‘could get worse’ when ‘it’s as bad as it gets’
HTML-код
- Опубликовано: 5 фев 2025
- Madison Ventures+ managing director Mitch Roschelle analyzes the real estate market's 'pre-election anxiety' and impact of Harris' proposed $25,000 down payment credit for first-time homebuyers. #FOXBusiness
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusin...
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
Houses are overpriced beyond belief. Houses that should be priced at $50,000 , are priced at $250,000 and $250,000 homes are priced at $700,000 This is absolutely ridiculous.
It was caused by this Administration. It is a result of their disastrous inflation.
$50,000? You can't even buy a LOT in California for that.
Elect Kamala and find out why.
We used tax players money to pump up the price.
Have government give up land they own for lots to builders who guarantee homes
for sale at 50k with no interest loans..i would do it in heartbeat. It could be done there is a way
1.3 million is the average price in my town. And its not San Fransisco, LA, New York, etc....its some random city like a 30 minute drive from Seattle. Ive pretty much given up ever owning a home.
Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.
I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!
You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.
Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.
You can employ another adviser, but Melissa Terri Swayne is my one who provides guidance. She has years of knowledge in the financial markets, and her approach has worked for me in the past, leading to my success. She offers points of entrance and exit for the securities I prioritize.
I located her through google, sent her an email, and scheduled a call; hopefully, she will reply because I want to start the new year off financially strong.
Keep in mind that during the 80’s people were encouraged to save due to the interest rates. Right now there’s very little incentive to save because those who are saving are watching those who are reckless taking it in. I’ve been trying to save for a home and it’s been discouraging to watch prices continue to not budge because there’s people willing to get into a mortgage where they’re paying 40% of their income. It’s insane.
The housing market poses difficulties due to uncertainties about the Federal Reserve's ability to curb inflation and reduce borrowing costs without adversely affecting demand for assets like homes and automobiles.
Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.
I've been investing in stocks for a while now, and it's been a significant part of my retirement portfolio. Diversification is key. I've had success with a mix of growth stocks and dividend-paying stocks. However, staying informed and regularly reviewing your portfolio is crucial. Have you considered consulting a financial advisor to help guide your stock investment strategy?
@@mariaguerrero08This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
'Izella Annette Anderson’, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighbourhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighbourhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalises. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
Over the past three years, I have been working with a professional who has provided daily guidance on my investment decisions. With their expert analysis, I have realised gains of over $1.3 million. Their insights have helped me avoid losses and capitalise on market breakthroughs, particularly during downtrends.
I'd be glad to get the help of one, but just how can one spot a reputable one? How did you spot this FA ?
I'm been guided by "Melissa Terri Swayne" who is widely recognised for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
No mention of private equity, no mention of corporate greed
Corporate greed is a democrat taking point. No such thing. If it were a true thing they buy stock in the so called greedy companies and make a fortune in dividends and returns. Stop drinking the cool aid !
or fraudclosures
"Corporate greed"? What's that? Some commie belief?
Ever heard of competition. Einstein?
It’s always corporate greed. Kind of like racism.
@@JeffBrody-w5jmonopoly isn’t competition
Its because homes are so overpriced that people cannot afford them
That's what this horrible inflation that Joe & Kamala have foisted upon us has caused.
@@conniekennerty1220 it is because of the high interest rates and the massive fleeing of people to the southern cheaper states. The realtors saw this and they knew they could raise prices because of the NY buyers, California buyers, NJ buyers and so forth. They immediately upped the prices all over the country very rapidly.
Government caused this mess. Your dollar lost 25% of its value since covid struck. The interest rates we see today are caused by government spending. The prices appreciated due to debasement of currency.
Homes just don’t become overpriced. The economy and market make them. 😂vote better
@@colbyharrington6166the way we handled Coronavirus was a joke.
I make $100k and I can't even afford an apartment where I live, the housing market needs to utterly collapse like it did in 2008 before prices will be in line with what people can actually afford.
The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like gold, silver, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
I’m closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in over 80% profit than some of my peers who have been investing for many years. Maybe you should consider this too
I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Vivian Jean Wilhelm" I've worked with her for some years and highly recommend her. Check if she meets your criteria.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
No, the home prices are too high. That’s why I don’t buy.
And why is it high? Because of Biden Harris. No one can afford it. No one can sell because no one can buy 😂
People are now realizing the wisdom of DOWNSIZING, and looking to buy small homes in safe communities, like N. Myrtle Beach, SC, where the quality of life is excellent, and a house larger than some of the condos in the area, can be found completely remodeled, for LESS THAN $125,000, with NO HOA!!
Zillow has some GEMS and soon, there won't be a single MH available for sale in these communities, since the SMART buyers will start SNAPPING THEM UP!
You might think the prices are too high but, they are where they are at because of inflation, and lack of regulation on big corporations buying up residential homes on a mass scale. The economic factors involved make the prices where they are at - you may disagree on the prices - but the economy really doesn't care about your view of the value of a home - the fact is the value is where its at and may never come back down - so in that case are you just never going to own a home for your entire life? It's hard to know what the right choice is.. at the very least government should begin talking about regulating the big corporations responsible for most of this mess.
There is just isn't enough housing for everyone, but they still bringing in more people from all around the world.
Exactly. I live in the middle of nowhere, and every house and apartment building I own is booked solid. We could rent the storage rooms and maintenance buildings if it were legal.
In California, the Democrats--hello, Kamala--have done everything that they can to make it unprofitable
to build housing. And, for that matter, to have a business.
We just lost Chevron--a $260 billion corporation with California roots going back to 1876. And, now,
we're losing Tesla, Space X, The Boring Company and X because the Democrats are waging war on the
culture in general and Musk in particular.
We have the most expensive housing on Earth because the Democrats, led by Newsom, have done
everything they could to make it so, from regulations to fees and taxes. And, now, they're driving out
the insurance companies because they, too, are trying to make a profit.
Heaven help us if the FAR more radical Kamala is elected. Not only is she a standard issue Berkeley
Marxist--like her daddy--but she's as dumb as a box of rocks. She has NEVER said anything that makes
any sense in her 20+ years of Peter Principle Politics.
At least Newsom's pickup bar turned out a decent cheeseburger.
People are asking for.hign price, not enough people have the money to buy them.
@@eile4219 Sadly for owners, taxes and insurance have gone way up which drives up rent costs. people pay more in rent, they can't save for their own house. It is just a vicious cycle.
@@eile4219 Maybe because mortgage rates have jumped to almost triple under the Biden-Harris philosophy of borrowing trillions of dollars to discourage people from working.
We'd have to work 3 jobs for these homes, then we are never in them because we have to work all the time. What's the point?
Generational assets.... this is why ya'll never get ahead.... lack of foresight.
You are working to better your children's and grandchildren lives.
the point is target practice for MIC - they lost your money at the casino so they have to blow up the real estate - how did you think it was working?
@@ninjajack5568😂
@@ninjajack5568 Nonsense. I bought my first home when I was 29.
How? A good business idea and LOTS of hard work. Now that I've
been around the block a few times, I bought my most recent house
for cash so I could walk to my shop. But I still have my (paid for)
home on the coast with the spectacular ocean view.
Get the stupid prices down, build a few million inexpensive basic homes that are affordable, keep the private equity firms out of housing, and get to work changing some laws and some tax structure so affordable homes can be built quickly. Reign in immigration, secure the borders. It can be done, but the 'system' we have is not working. Less red tape, smaller government, and some fiscal responsibility. Forget the politics - it's garbage. Elect capable and responsible leaders. Only problem is, I don't see any out there. Oh well, the rant felt good!
You are either not looking at the policies that worked very well in the last administration or you just dont like the guy who did them.
@@55pointsthere was nothing he did that helped the housing market.
@@steveguillory7568So ......, not only do you not understand the American political landscape, but you don't understand economics?
@@solomonsanchez1897 then you explain specifically what he did. I’ll wait. And not looking for a concept of a plan
....subpoena the "anti-Semite" list - might need to rescue "capable and responsible" people out of that jail
Asking a real estate agent in US whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $900 to $1.2m. Every seller in my neighborhood is currently making a $630k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
I completely understand where you’re coming from. When I started collaborating with Annette Marie Holt, a fiduciary financial counselor, I really felt the advantages of having that expert guidance. It’s like navigating a boat through turbulent waters; having an experienced captain can make all the difference.
@@williamDonaldson432 I'd be glad to get the help of one, but just how can one spot a reputable one? How did you spot this Annette ?
She maintains an online presence that can be easily found through a simple search of her name on the internet.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.
The real estate market down right sucks right now. It was great when Trump was President. Just another thing Biden & Harris messed up.
And Obama
WTF are you talking about? Home prices went crazy in 2020. Trump pressuring the fed to keep rates low, along with wfh pushing people away from the coasts are factors. And let’s not forget, the GFC caused many home builders to go out of business and those that remained underbuilt for the last 15 years. This is a supply vs demand issue. Has nothing to do with the Biden administration.
It's called greed on all levels nothing to do with the president Trump definitely likes to leave it up to the states just as many other presidents
It's a free market in America
Trumps $8 trillion+ of helicopter money sure helped
@@4Won4Allbought my house when Trump was in office, 3.1% little over 1,000 a month for 5 bedroom, Trump 2024
We are definitely holding back until after the election
For what. If you can afford buy and hold for 10 yrs. Refi along the way. Prices are still going up currently.
Housing is in the biggest speculation and fraud driven bubble in history.
You dont lock in before a fall...your clearly not good at money.@@outofthebox5441
Might as well time the dips in the stock market while ur at it.
@@ScottsGuitar all the politicians and the insider make millions doing that. Same goes for all the flippers, investors and realtors in housing.
One of the most impressive aspects of Michael Hugh Terpin trading prowess is his keen understanding of market dynamics. He possesses a deep knowledge of various cryptocurrencies, their underlying technologies, and the broader economic factors influencing their value. This comprehensive understanding enables him to make well-informed investment decisions that consistently yield positive returns.
What truly distinguishes Michael Hugh Terpin is his unwavering commitment to ethical trading practices. He places a strong emphasis on transparency, compliance, and risk management, ensuring that his clients' interests are always protected. This level of integrity is rare in the crypto space and speaks volumes about Michael's character and professionalism.
He is actively on telegrams always
@michaeltpintrades
Michael Hugh Terpin's willingness to share his knowledge and mentor others in the crypto community is truly commendable. He is always ready to offer guidance, support, and valuable insights, making him not just a successful trader but also a trusted resource and mentor to many.
Michael Hugh Terpin's contributions to crypto trading are nothing short of exemplary. His expertise, integrity, and dedication make him a true asset to the industry, and I have no hesitation in recommending him to anyone seeking top-notch crypto trading services.
$25k to each home buyer just raises the prices.
Nobody wants to sell and pay a tax to downsize.
How does someone receiving $25,000 from a program make your house worth more money? It just seems like people are against people with no real sense.
Imagine those that sell, now can't afford to buy and move in elsewhere because where they lived was cheaper, property tax etc, greed makes fools out of people at times, what's going to happen when there is no cheap place left, Ignorant greedy fellow Americans done this to themselves.
@@MrCharmz81 Just asking.....thank you!
the $25k tax credit to first time home buyers might be one of the dumbest policies I've ever seen, but then she brings up a tax on unrealized gains policy and... somehow that's even worse. This woman is unFing believable how bad her policies are. Communistic policies don't work and never have... it's not fixing the actual problems... it's only adding to them.
Exactly, ppl will just increase the price of their homes to 25k more
If Harris gets elected, a poor real estate market will be the least of our problems.
So true. And insurance doesn't cover acts of war.
But gold will continue its dramatic upward trajectory. Up 50% in a year because China is selling
billions of dollars of treasuries and buying gold by the ton as it readies for its invasion of Taiwan,
pausing only until November 6, if Kamala is elected.
You got that right.
But didn’t she say she was going to fix it? 😂
I pray every night I pray every night this woman does not get elected literally
George Washington was definitely correct:
" It is impossible to rightly govern a nation without God and the Bible."
[US founder, George Washington]
All the people who are doing this claim to be religious and godly.
USA is a much like an Islamic country.
Religious nutters who are utterly 2 faced.
"self-evident" truths
😂😂😂he conveniently skipped over the commandments of GOD about how to treat slaves/servants.
Unlearn fake history from the hijacked and fraudulent education system. The Revolutionary War & The American Colonization society was about ending slavery.
You little goof GW the little sell out freemason that he was? You quote him like he was a hero haha
Actually people are beginning to figure out that it cost more of those worthless dollars to buy the same house that they could get for many thousands less.
Fighting like hell to keep what you have!
IF.... you have anything. I never thought that I'd be in such a sad situation at my age. Praying for Trump to make America affordable again. 🙏🏻
🇺🇸♥️🇺🇸
LMAO , HOUSING IS ONLY 100% OVERPRICED! AND FOR NO REASON greed 🤔
I'm favored financially with Bitcoin ETFs approval, Thank you buddy.$32,000 weekly profit regardless of how bad it gets on the economy.
Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $108,000 from my investments with my personal financial advisor i totally agree with you
YES!!! That's exactly her name (Margaret Emily) so many people have recommended highly about her and am just starting with her, Kairangi from Brisbane Australia..🇦🇺
people are ignorant of profitability in bitcoin investment and that has been the major issues limiting their investment
This sounds so good and I would like to be a party to this, is there any way I can speak with her?
Sure! She interacts on what's Apk using the digit below
Not enough cheap "starter homes" for young people to move into and old people to downsize into. Way too many McMansions that not many people can afford to buy or maintain in this economy.
My first home was a small starter home. Post-war, suburban, not a great location and less than 1,000 sq. ft. The mortgage was cheap. I'm sure it would sell for ten times what it's really worth today.
Holding back ...BECAUSE OF PRICING
a market doesn't care what you are holding back for, it moves with or without you, prices might never come back down... I was told not to buy when I bought (2 years ago) and the prices continued rising and now I'm up $70k on my home purchase... the reality is as long as government refuses to regulate these big corporations buying up residential homes for their dystopian renter only population future they wish to make a reality... this is going to continue.
The housing problem a lot of us see is the big corporations buying up single family homes all over the nation. Then renting them out at ridiculously inflated prices with no chance of ownership for the average comsumer.
Who owns media all in for kamala? BlackRock does not own all the media, but it does have a significant stake in many major media companies. According to a 2023 report by the Institute for Public Accuracy, BlackRock and Vanguard are the two largest shareholders in the six major media companies that control more than 90% of the U.S. media landscape. Together, BlackRock and Vanguard own 18% of Fox, 16% of CBS, 13% of Comcast, 12% of Disney, and 12% of News Corp.
According to a 2023 report by the Institute for Public Accuracy, BlackRock and Vanguard are key players, emerging as the largest shareholders in six major media companies that collectively dominate over 90% of the U.S. media landscape. But that's not all; beyond their shares in major media giants, BlackRock's influence extends to a significant number of smaller media companies. For instance, did you know that BlackRock is the largest shareholder in Sinclair Broadcast Group, which owns a staggering 223 television stations across the United States? Not to mention their stake in Graham Media Group, which owns 40 television stations and several popular magazines.
Homes are overpriced because demand is high. Demand is high because we have 30 million "extra" people over the last several years. More people puts pressure on housing across the board.
It’s wild to think that the housing market could get worse when prices and interest rates are already so high. But if rates continue climbing, even fewer people will be able to afford homes, which could stall the market further.
I keep hearing about a lack of housing inventory, and it feels like the market can’t handle much more pressure. If new construction slows down or current homeowners hold off on selling, this shortage could keep driving prices up.
It’s tough because a lot of people who bought homes in the last few years have locked in really low rates. If prices start dropping, though, those same homeowners might end up in a bind if they need to sell in a down market.
A lot of first-time buyers have already been priced out, and it’s hard to see a turnaround without some drastic change. If inflation stays high or incomes don’t rise, home affordability might get even worse.
Commercial real estate is also feeling the crunch, especially with remote work changing office needs. If we see a downturn there, it could spill over and create broader impacts on the overall real estate market.
One thing that could really shake things up is if there’s a wave of foreclosures. It’s not like 2008, but with rising costs everywhere, some people may struggle to keep up with mortgage payments, which could impact the market.
Must eliminate private equity and hedge funds from the housing market and problem solved! Tax them! What’s taking so long ?
Find out where their families live
Why do the Chinese and Russians own so much real estate in the US? Limit foreign investment! WTF
Really? Are you sure that wouldn't make things MUCH MUCH WORSE?
Fortunately, you have no power to "eliminate private equity and hedge funds from the housing market."
Were you even alive in 2006 when clever Pelosi Democrats were destroying the housing market and the
world's economy?
I think you should be voting for Kamala and helping China invade Taiwan which would lead to a worldwide
economic collapse, just like Pelosi's plan to "help" people of color afford to buy homes did.
Commies ALWAYS have the BEST ideas about how to fix markets.
Hey! If Kamala wins, you'll get to spend your days standing in line for government food handouts, just like
in a REAL socialist country!
@@nonenone1534 Russians? Where?
Oh. I get it! More Russia! Russia! Russia! hoax.
@@JeffBrody-w5jJeff, obviously you are a flaming liberal. Russians own lot of property in Florida as well as the Chinese. NYC as well. This drives up demand and prices. Make sense ?
Election day should be national holiday every 4 years
Or it could be changed to a Sunday.
like it used to be - out of necessity....?
The problem you all are not addressing is the FACT that home prices have mostly doubled in the past few years. Normal people can not afford to pay twice as much and add to that the increase in interest rates as well. The only affordable housing is in depressed areas with less jobs or poor paying jobs. Believe me, we are looking!
The leftwing vs. rightwing paradigm has been a massive psy-op on the public. John Adams was absolutely correct: "There is nothing which I dread so much as a division of the republic into two great parties, each arranged under its leader, and concerting measures in opposition to each other. This, in my humble apprehension, is to be dreaded as the greatest political evil under our Constitution."
[John Adams U.S. Founder]
30 years of 24/7/365 internet porn - hypnotism level stupid - "....you are a chicken, act like a chicken until I snap my fingers, then you will act like a goat, and when I snap my fingers again...."
@@banalucki What happened?
@@LifeLifemoreAbundantly what didn't happen after the repeal of Glass-Steagall...?
an avalanche of grifters handed some superdupersecret CIA list of "anti-Semite" with orders to "take it all"...move fast and break things...
I don’t understand the supply issue. I open Zillow and there’s a crap ton of overpriced houses everywhere lol
Interest rates do not matter when the houses are 600k and 700k+. None of that is affordable.
My parents built in '77 during Jimmy Carter's double-digit interest rates. But the actual price of construction and land were reasonable. Sure, the interest rates are 1/3 of that now. But the actual prices are absurd.
Your "expert" is an expert in knowing who to vote for. In real estate, he can't even spell the 2 words. He says he talked to realtors and they said the market is down because of the election jitters. They also said when the Fed cut rates it would unleash the buyers which it didn't. They said mortgage rates would go down. They went from 6.1 to almost 7%. These people are clueless. What is the ONE and ONLY single problem with realty? Price. That's it. Prices cannot go up 100-200% in 5 years and stay there. Houses MUST drop by 50% and then the buyers will come out. I'll put my knowledge up against your "expert" who is clueless about the subject anyday.
You’re focused on nominal prices. prices will never drop 50% strictly due to inflation. Look at the case Schiller index or some form of data that’s adjusted for inflation and seasonality. Yes houses are expensive right now but not unreasonably.
@@zacharys7477 as a realtor, A LOT of houses are priced unreasonably. and saying prices will never drop because of inflation is not true. on some houses in my market where prices are slowly coming down, some people are already taking losses on properties they bought 1-3 years ago. and in a lot of homes in the midwest where the prices didnt go up as high as other parts in the US, there are sellers who bought 20-30 years ago who are selling homes the same amount they bought it for, and once you adjust it for inflation, theyre losing money.
Seal the border.
No mention of greed and corporate buying of starter homes.
Save America vote Trump Vance 2024. Trump will make homes affordable again.
...Vance might have to weigh in on what's "affordable".....
No he won’t it will happen due to recession which is coming regardless
@@ScottsGuitarthanks to Biden
Do you not read your bible at all?
He will bring in Project 2025 and the complete loss of Democracy.
I couldn't care less about Beyonce.
Here's a hint: She is a singer.
And that's all I know, except that she's married to another singer or rapper and I believe they're billionaires.
Who, what, or where is Beyoncé?
@@chuck_in_socal I feel the same about Taylor Swift.
My next house is going to be a Yurt in Bali so I'm good.
What about the 65,000 plus homes that are now on air BNB instead of being available for some one to purchase, Also were i live, take a look were you live???, all the new homes being built in my area are HIGH end very expensive even before the raise of value from the inflation issues, NO ONE is building affordable homes as the would go out of business as there is no profit in making affordable homes. AND!!! the most significant thing is as a kid i was taught to live with in your means, today people live off the credit cards and expect the good life with out actually earning it!!! My first home cost $39,000 and needed lots of work, you buy what you can afford, do some work , do some saving and then you move up when the time is right. People today Demand the million dollar mansion on a minimum wage pay, That's not how it works and that is why the will never get that mansion
This is just like seeing ads for a new truck .hey its 20k off!!
No one is going to buy anything with gouging prices and high interest rate it’s crazy
High anxiety 😂. Seems like no matter who wins it’s going to be a struggle.
I think your expert is out of touch. People have very little money with the cost of housing and goods. A lot of family’s are having to move several generations into one home.
"Get adopted by me" lol, where did that come from?
They forgot to blame blackrock.
It's gonna get worse
Govt regulation got us here
RUclips continues to aggressively censor the role flippers and investors have contributed in driving the biggest housing bubble in history.
Sure they are, Shane. They and the CIA and the lizard people. Now go vote for Kamala because she's
just as clueless as the "role flippers" are. Or not. I don't have my English-to-Conspiracy dictionary handy.
Neither Trump or Harris have the solution that will satisfy the average person who dreams of owning real estate….cut taxes and lower rates and watch home prices soar like an eagle
Every home in California still sells for above asking, it’s ridiculous. Too much money from tech stocks.
Auto repo's are at all time highs. That makes it difficult to go and buy a new car or house. It's a lot more than election nervousness.
I can handle the truth, can you...
MIC spawned the global elite - Cocaine Elite (Clinton and Obama), Torture Elite (GWB and Obama), Fentanyl Elite (Obama and Biden) and Porno Elite (Evangelicals and Zionists)
Meet their trillion $$$$ FIAT electron currency "Baby AI" - wasn't that exploding pager stuff funny? Kids - ahaha
Prices are what is holding people back. Americans are tapped
Home price is sooo sooo expensive in California for young generation to buy. Sad!
got ms a single wide paid in full, life is good.👍🙂200 a month land rent out in the country, drive a 17 year old civic, 500 a year insurance. you guys can have at the madness,.i got to go check my catfish traps had me a 16 pounder in one last night.. wishing everyone the best.🙂
You're smart not playing the same game as the majority, you seem humble and you do what's in your means by not buying into the fancy mcmansions most people can't afford, less stressful by doing what you're doing.
@@MrCharmz81 I built the wife a new outhouse and got her a giant stack of phone books for her birthday, happy wife happy life. life is good👍🙂 wishing you the best.
@@CalvinMorris-cf8jk That's awesome happy to hear that, Wish you and your family many blessings to come, thank you.
There are plenty of affordable homes, but they need extensive work and the cost of tradesmen is going up and up. If we don’t get more young people into the trades instead of college, if they can buy a home, they won’t be able to afford to hire someone to fix their home because the people who do the work will charge more than they make.
The real winner is the guy selling signs and media advertisements 😂….😅….🙂…..🤨…..🧐…..😒…..😡
Most aren't selling because they have fantastic interest rates.
Let the prices fall I miss the recession
the government is doing everything in their power to keep home prices unreasonably high. from making regulations so strict, its a nightmare or almost impossible to build new housing, to giving free money to homebuyers, to also discussing the possibility of having 40 to 50 year mortgages. its insane.
It is delusional price. Need correction.
Don’t give anyone $25k for 1st time home buyers. Completely ridiculous!! Allow for an opportunity to make the money and pay your own way. Sheesh
May Christ restore the republic as it is founded {"...endowed by their CREATOR with certain unalienable rights..."} along with Article 4 Section 4 of The U.S. Constitution.
Giving people money you will increase demand but not add to supply. You need more houses.
this election time manipulation to entice new investor? My portfolio has done well all year, but now I’m feeling the pinch. My returns have dropped significantly by 5%, and the market’s all over the place. What do i do?
this rate cut will a create new buying opportunity, but given the current market uncertainty, have you considered consulting a fiduciary advisor?
Over $6 trillion is in money markets earning high interest, but Fed rate cuts will push this money into equities. A crash/recession can be discussed after that shift. My financial advisor has helped me understand the market, gaining 25% this year under her guidance.
I’ve managed my investment portfolio for 8 years. Initially, it performed well, but recently, it has been losing money. I need to find a way to stop these losses and start seeing growth again. How can i reach this advisor?
SHARON CRUMP CLINE is the advisr I use and i'm just putting this out here because you asked.
Thanks for the lead.
Homes are too expensive and buyers are having to pay commission fees that they can’t afford.
Mom and Dad helping buying homes. This world is getting so dang soft.. If you take help from your parents and you’re an adult you’re guaranteed the type of person voting for Kamala.
if the royals aren't doing that, why should the peasants kick the kids out in the street where the kids will not have the same access to science and art that they had at home...?
Voting is an illusion of choice, presidents are selected not elected, both wings belong onto the same corrupted bird, but also what about the kids that help pay their parents, so by your statement those parents are guaranteed to vote for Kamala? also what are you betting on guarantee, if i'm right and you're wrong what are you willing to lose or shell out? money talks b.s. walks, so how much you talking on whatever guarantee sir?
More people are waiting for Trump to get in and the interest rates to go down. This happened after the obama housing crisis i lost all my equity dueing obama. I was forced to sell before going underwater. When Trump came in the interest rates were lowered for everything and i was able to buy again with an fda loan. When joe got in the rates skyrocketed. People, democrats spend ans republicans save. The republicans have historically been voted in when the money was a mess, to fix the money. Its happening again.
You guys are unbelievable. Bush was in office when the GFC started. Had nothing to do with Obama.
I’ve looked at some of the inventory on some of these websites. Ridiculous how they want top dollar a lot of these people that decide the cost of these houses. Are either absolutely ridiculous or greedy should be able to live like our forefathers, a cabin and a piece of land a single person doesn’t need this massive house. But the qualifications are ridiculous for Housing nowadays. I bought an RV 90% of the towns wanna fight with you rather than work with you. Hope we have a massive crash in these scumbags lose everything. Only way affordable housing will be around build condos or million dollar mansions. Other people can barely find an apartment because those are jacked up thanks to people selling their house at a profit and taking all the apartments you would think common sense would be out there have not seen it in many years.
It's not greed, it's a supply and demand issue. Not enough supply raises prices. The market sets the prices, up or down.
Let in 20 million illegals and give them government paid housing and watch the greed explode!
Uncle Sam will just print more money to pay for their inflated rents and later buy them a house, but for you NADA, just the bill for it!
The only reason I keep up with the news in this crazy country is because of my stock investment, can’t wait for the new president to be decided so I can know where I stand.
I feel you, and this is a major concern for holders but while the market is promising, expert guidance is essential for effective portfolio management. I say so because you have no idea how much people are raking up from the market with proper advising.
Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
How can I participate in this? I sincerely aspire to establish a secure financial future and I am eager to participate. Who is the driving force behind your success?
I'd say a little due diligence on "Abigail Ann Ryan" truly exceptional
thank you for this tip. it was easy to find your coach. did my due diligence on her before emailing her. she seems proficient considering her resume
There's more empty homes than homeless people. Eviction lab I think is the website is an interesting resource.
This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices is not coming back to those original amounts.
To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!
Consider shifting from real estate to stocks during severe recessions. While market volatility presents short-term trading opportunities, it's crucial to approach with caution. This isn't financial advice, but investing during such times may be a strategic move, consider adopting the services of a financial expert.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
Amy Desiree Irish " is the licensed advisor I use and I’m just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
Oh no, it's going to get a lot worse (if you're a seller). The spread is pretty much nonexistent so corporate residential investors are bailing out. We're going to see discounts of 20% or more into next year. If you have cash, sit on the sidelines.
no question in my mind.... it's going to get worse worse worse worse worse worse worse worse worse worse worse worse worse worse worse worse worse and way more worse.
Mom and dad?? We sure can’t help !!!
All the people holding out on buying houses are the same type of people trying to time the stock market. Can’t do it
House prices haven’t moved much lol interest rates the problem
it will get worse!
I want it to be so bad that it actually becomes affordable, especially for those making six figures. I want it to be so bad that it becomes cheaper than renting like how it once did
Election has little to do with why no home sales, high inflated prices and interest rates, and current level of debt is unprecedented, realtors are among our least educated on economics, they are Vana white
MAGA 🇺🇸
I got out of the real estate investing market about a year ago. I think its time to get into the stock market for a while. whats the best strategy to invest around 200K in this current market
I got into stocks few years ago and my candid advice for a newbie like you is to seek help from market experts rather than RUclipsrs.
Agreed, I just use RUclips for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one
I've been getting suggestions to use a market expert too, but where and how to find one has been challenging, Can i reach out to the one you use?
Amy Desiree Irish is the licensed advisor I use. Just search the name. You’ll find necessary details to work with to set up an appointment.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
I came across your channel through this video-case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
My CFA LINA DINEIKIENE a renowned figure in her line of work. I recommend researching her credentials further.. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I used my home equity to help my daughter buy her house
A key factor often overlooked is that over 25% of new homes are being acquired by investors, rather than individuals seeking primary residences. Even if Baby Boomers decide to offload their properties or more housing stock enters the market, it won’t alleviate the underlying issue. Wealthy investors will continue to absorb the available inventory, which will keep home prices elevated.
While I anticipate a future decrease in home prices, I currently recommend diversifying investments away from real estate. Shifting capital into the financial markets or commodities like gold is a safer bet given the current high mortgage rates, recession indicators, and tightened lending standards. Housing prices might need to correct by 40-50% before the market stabilizes. In uncertain times like these, getting independent financial advice from a market-savvy expert is essential.
@@CarddtReddt For anyone needing assistance, my go-to advisor is Annette Marie Holt, a licensed professional. A quick search will provide you with her credentials, and you can easily reach out to set up a meeting.
For anyone needing assistance, my go-to advisor is Annette Marie Holt, a licensed professional. A quick search will provide you with her credentials, and you can easily reach out to set up a meeting.
No mention of it’s Big business buying residential properties. They should banned from owning residential properties. That us the real deal. No foreign investors.
Keep working and pull yourself up by your own bootstraps! Only Wall St gets bailed out, didn't you know?
Time to buy
hey, remember this mantra that went along with "Greed is good"...?
"Not everyone deserves to own a home"
Is very bad not enough houses to buy and people overbid
Get government off the Builders’s backs and we can build much more
Zoning, NPDES, OSHA, ETC.
Government at all levels is crushing building and development
Don’t forget about NIMBY
Trump will lower prices and regulations.
Fix the root cause, build affordable small hose, instead of mansion. A master bathroom size of mother-in-law apartment not everyone need that.
Rates need to come down to 3%
How can anything possibly get any worse?
Easily and fast
@@sallyjackson4480 "move fast and break things" - AGAIN?
If we have 4 more years of Democrats, things will get much worse.
A way to pay usa debt is precisely that, fed rates go down, mortgage rates go up
Have the Democrats learned nothing from giving away “free” money. You kids aren’t getting married and you aren’t having kids get roommates! And save your money. That’s what we did.
IT'S NOT THE ELECTION IT'S THE PRICE TAX HOA and now CDD in Florida
Democrats plan everyone will rent
true cartoon box in Los Angeles more than enough
Rent is becoming unaffordable too. Equity firms are forcing prices up along with maintenance costs for landlords. I want to know how all the homeless people get the tents we see in videos of various cities because I think I may be needing one soon.
Nonsense.
@elviscobb5922 kamala wants to tax unrealized capital gains this will price you right out of the house you own
The only new generation of home buyers is marketing are newcomers
25k for first time home buyers won’t actually raise prices much because the vast majority of real estate transactions do not involve first time home buyers. The current boom in house prices is the result of an over saturated market filled with real estate investors trying to flip, rent gouge and create airbnbs with all of the existing inventory.