California's housing market is up 3.6% over the last year. However, many cities in California have started to shift down. An exodus of people plus a slowdown in the economy is starting to weigh on the market. It's reasonable to expect small to moderate price declines in the cities on this list, based on the current trends in the data. Access the data for your city and ZIP at www.reventure.app. Note: the Reventure Price Forecast score did very well in predicting California's city-level price growth from 2023 to 2024, along with nationwide price growth. We expect the score will do a good job in 2025 as well. Sign up for a premium plan to access the price forecasts for your neighborhood and ZIP code.
I am from Santa Rosa (#5) on the list and have seen listings on my street sit for months, beautiful homes with price cuts and zero foot traffic during open houses. Santa Rosa is for sure slowing down. Oversupply of inventory following the build back from multiple years of devastating fires. 2017-2021 Thanks for the interesting Info! Will check out the App
@@IsaacMoore-p1k Prices are so high in California that there's no such thing as price cuts. It's a place to visit, but to never buy a home, only inherit
The housing market has high costs, maintenance issues, and can be illiquid. There are some smart digital investments that offer better liquidity and potential for higher returns than the housing market.
Absolutely, the housing market does have its challenges. ETFs and stocks have been outperforming it for some time now. While I'm into real estate, I've definitely seen greater returns from my stock and ETF investments. I'm not very experienced in the stock market, though, so I've been working with an advisor to help navigate it.
My CFA is Laurel Ann Watkins, 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. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
Back in the day, when I purchased my first home to live-in; that was California in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market 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.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Rebecca Lynne Buie for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Rebecca profile appears to be fairly knowledgeable, therefore I must say that I value the advice. After locating her online, I thoroughly read through her resume, educational background, and qualifications, and I must say that they were quite impressive. We have set up a meeting after she replied to my message.
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
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Bro, i live in ca. All the areas with prices going down is because crime is going up there...stockton, san bernidino, los angeles, santa monica, oakland. All have high crime rates
Housing prices are unlikely to significantly decrease until there's a substantial increase in housing supply. In the USA , there's a shortage of millions of housing units, and construction isn't keeping pace. The constant demand for housing, coupled with population growth, means that even a slight price drop attracts numerous buyers who quickly absorb the available supply. I'm considering purchasing affordable houses in 2025 and possibly venturing into stock investments. When is the best time to enter the stock market? Some people say it is profitable , but others say it's risky. Any advice?
Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
Home prices will eventually drop, but for now, it’s smart to pull your money out of the housing market and consider investing in stocks or gold. Mortgage rates are high, the economy is slowing down, and it’s getting harder to qualify for loans. Home prices will likely need to fall by 40-50% before the market stabilizes. If you’re unsure about what to do, it’s a good idea to talk to an independent financial advisor who understands the markets.
*I'm favoured only God knows how much I praise Him,* $230k every 4weeks! | now have a big mansion and can now afford anything and also support God's work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Evelyn Vera, you're a miracle.
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in US and Canada she is really amazing woman with good skills and experience.
Same here Waking up every 14th of each month to 210,000 dollars it's a blessing to I and my family... I can now retire knowing that I have a steady income❤️ Big gratitude to Evelyn Vera
People don't understand silver is consumed and there is only a select small number of solely Silver mines left !! its a byproduct of other metals mining. There is less Silver above ground than Gold...it's gone and silver has more uses than Gold. I will advise y'all invest in them, imagine receiving times five (×5) of your investment capital as your return on investment (R O I) in just few days
Truly facing this recession without investment is actually risky, salaries are easily spent off.. This inflation has taught people the importance of multiples income investment helps a lot.
Finding financial advisors like Jayden Lindsey, who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead,so a prudent personal money management will be essential to navigating them.
I'm surprised you also trade with Lindsey Jayden, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?
The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.
@@SeanTalkoff How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
My CFA ’’ Sharon Ann Meny, 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..
@@SeanTalkoff Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
And others have been predicting a massive CA housing crash since 2010. It never happened and likely won’t. Simple supply and demand in CA. Nothing new here.
Here to admit I was pleasantly surprised with this video. More data based analysis, less fear mongering. Good analysis of the CA market. Cheers from Sacramento, CA
He's been saying there will be a crash since 2020. We so regret we believed him. the detached house in Orange County that was $800k with 2% interest , is now $1.5M, he just gets following just because he tells you what you want to hear!
Friend of mine bought in 2022, decided to sell recently, wasn’t able to after three month on the market even with lower than 2022 price. DR Horton down 30% from ATH this year. Im itching to see what THESE builders gonna do with rate buy down next couple years after today Fed meeting.🍿
I live in Contra Costa, Walnut Creek. Prices is not dropping. Inventory is low so price is absurd. In 6 years, the house I rent doubled the price. 1.2M now. I can't ever buy.
I'm not seeing anything going down in my area of Northern CA. It goes up, stabilizes, then goes up again and has kept going since I purchased my house in 2012. The next town over just built 10,000 new homes over the last 3 years and my home price has stayed the same (mid 700's). If people are leaving CA, it's not enough to notice. If 5 million left this state, it would be an improvement!
They arent crashing bro. There ain't enough housing in Cali and there is a line of ppl waiting to pay a $7K a month mrtg or just pay cash for a million dollar crib at every open house.
I wonder how many are illegal immigrants who will have to sell their houses. Or owners who rent to illegal that will have to find new tenants or sell. A few million.
@ maybe I missed that in your comment - yes - that is true but California is bankrupt- commercial properties aren’t moving - what really crazy is in NewYork there are 22 Empire State size building that are empty - California has two serious problems that I know we can’t recover from. REVELATIONS 🙏🏻
California is having a major homeowners insurance crisis, which has continued for the past two years and doesn’t show any signs of letting up yet. The urban areas and some of the suburbs haven’t been affected, but the semi rural places have been impacted greatly with some people seeing their homeowners insurance increase to up to $700 per month in certain foothill areas
Yes, insurance in CA is crazy! I'm paying like 5k a yr in rural area just for fire 🔥 alone. Its a ripoff. I plan to pay off and cancel my insurance and fireproof everything instead.
orange county always has been the top suburbs for the upper middle class since the 90s. im not surprised considering all the wealthy business owners in downtown LA all live in orange county
SLO county still very strong. Bought here in 2019. I was extremely lucky to buy before 2020. These opportunities only come once every couple decades (2008/2020).
You've been saying the same thing for the last 4 years, I followed you during the pandemic, missing the opportunity to buy a house, you keep misleading people with your channel. THE SKY IS NOT FALLING!!
He’s really held a lot of people back from buying a home when they should’ve. His spewing fear should be a crime. He shows no remorse for the people he knows he affected.
It doesn’t matter how much the percentages in Los Angeles have gone down. People still cannot afford to buy homes here and I don’t anticipate it’s going to bottom out.
Nice job in keeping your channel active for last 5yrs scaring the buyers and yet prices are at the peak for last 5 yrs. Nice career just keeping the lie going on and on
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@@ЕленаФирсова-ц6м Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
You did mention job postings and demand in silicon valley. I imagined with the Advent of AI and the close relationship must brain has with the felon investment in silicon valley will be way up prices likely to stabilize at least. You did point out that markets close to each other could differ greatly the same it is with job opportunities. And as a long time CA resident I can tell you that we are just fine with hordes of people leaving this state. We are overrun and any downturn in population here is a blessing to us all. Better standard of living!
San Diego is not crashing ever- it’s well below the weather bands- we have stable weather, mild winters and beautiful landscapes on the ocean … it has what no one else in the nation has. It’s a premium cost for a reason. More valuable than any other property out there. I don’t want to go anywhere else and face crazy weather or crime, or increasing costs and not hold a candle to SOCAL. I don’t love the high cost or our governor-real life “ Hotel California “ situation. Ha!
That's the plan. They want people out of the hills and the mountains and back into the cities and suburbs where they can be monitored and susceptible to programming. Why else do you think there are so many unexplained fires 🔥?? The power company that starts with a P and ends with an E is involved in it. It usually starts with an "accident" involving their power lines.
Thank you! Dude is obviously not from the area nor did he do any research on how the names are properly pronounced. It was deiving me crazy listening to it. 😂
I’m in the Lincoln California area and housing prices are going sky high! Tons of new builds, tons of new stores, and this area is getting bigger and bigger every day.
This is a really insightful analysis. It's interesting to see how different regions are experiencing varying trends. I'm particularly curious about the impact of the tech downturn on the Northern California market. How do you see this trend affecting home prices and sales in the long term? Thank you.
Yeah, that’s pretty typical from October through February. They’ll start to climb again in March and peak in the summer. No crash coming…too much of a shortage.
I have been tracking Solano County inventory for about 18 months. Definitely looks like prices have plateaued on the low end while the high end homes are sitting and then seeing price cuts due to lack of qualified buyers in the area.
Thank for the information,, I live in Stockton and the price of the houses are very high. It is impossible to buy a house. Hopefully as you said is going to go down, so I’m waiting for the opportunity,, thanks.
A major factor in the Tech Industry's woes comes from a Tax Code reform that occurred in 2022, in which Tech companies were no longer able to include R&D credits on their Federal tax forms. This led to the firing of tech recruiters, and a lack of tech jobs with higher demand, having an average of at least 200 candidates per job. It also led to much lower incomes, with an average drop of around $20,000 annually. To put it in context, because of these tax reforms, Senior Developers are now being paid the same as mid-level Developers used to be paid, and mid-level the same as junior level. Hence all of the moving. For me, I've migrated out of corporate and into independent consulting, where if you play it right, you can make more than corporate is able to provide.
@ ima staying here. I don’t want outsiders. Outsiders bring gangs back to the neighborhood once they have kids. I’m already seeing it happen again to my South Park neighborhood slowly they are popping up again after we just cleaned up this neighborhood years ago
A lot has to do with the school district. Millbrae continue to see prices rise. San Mateo, San Bruno and Daly City is going down. Palo Alto which is part of Santa Clara county continues to go up.
Good video and you totally nailed the white-collar tech recession. I've been out of work now for 1 year and it's not getting better either, it's getting worse.
2022 Los Altos Ca the home my dad bought in 1966 for $37,000 sells in 2022 for $4.2 Million. $4,200,000. As a VACANT LOT. 1/3 acre. The new home is just being finished. close to LAHS. There are Thousands of homes in Los Altos like this lot. It was valued at $1.5 million in c. 2019 ....243 Frances Los Altos Ca
In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?
The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are several independent advisors you could research. However, I have been working with “Annette Marie Holt for almost four years, and we get along great. If she appeals to your judgement, you could continue with her. I support her.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
It should be noted, just looking at the Reventure App Score does not tell the whole picture. Nothing beats a ground-truth visit... Nick Johnson just released a video of San Bernadino this week - it reminds me of East Palo Alto in the late 1990s. Sure it may be a "great deal" relative to a few years ago - but you'll have to deal with a city police station that's closed weekends and Fridays, saturation of gangs, murders and drug wars, no jobs, etc... Investors are not typically the type of people who want to fix problems, they just want to gentrify the area (making the problems someone else's to deal with, where ever those who had to leave, end up)
@@ReventureConsulting Aw come on Nick - in the words of Dan Hedaya in Joe vs. the Volcano: "I'm not arguing that with you" ;-) The point is: As great as ReventureApp is (awesome, btw) - but take a look where you're considering buying. Sight unseen is a recipe for disaster, one should understand WHY the price is going up or down on trend when making informed investment descisions. In 2014, I saw cash offers $125K over asking in the S.F. Bay Area for houses that needed more than $125K of work to be reasonably liveable (for example the blue tarp covering the leaky roof had been there so long it was showing up on Google Earth two years earlier - and the house smelled of mold). But it was/still-is the tech center of the country, so it made some sense (that house now is valued at more than $500K above what was paid, so the over-bid and pending remodel was reasonable - given it's detached, on a lot with a yard). Prices have come down, but unless something happens to the tech companies here - $1million+ is the way is' going to be. This does not describe San Bernadino... It may be cheaper over the next few months, but there is no catalyst even on the horizon that would suggest that trend is ever likely to reverse. one could wait 6-months and still be "buying high" if all the price does is continue to drop.
CA home prices are to damn high in Cali unless you live far far in CA you won't get a cheap house because houses damn near $800k on avareger for a home where you can see your neighbor in the bathroom n pass the toilet paper it's ridiculous n the townhouses market just as bad.
@ It’s all bad! I don’t know who tf is buying all these homes at those prices! Surely they can’t afford them. I looked in the mountains and it was still like $400k - $500k.
Those of you that think there will be a crash are wrong i watch mortgage delinquency rate it is below 2% economy is strong and will be for a while plus population growing , as long as economy is strong there wont be no crash anytime soon! We dont have ninja loans like 2008! Give it up 😅😅😅
If in fact the home prices are lower in Tahoe it's because of all the snow they've received over the past two years. The same goes for the Mammoth Mountain area, in both cases many homes were damaged due to the weight of the snow if it wasn't promptly removed...
thank goodness, I was able to just accept an offer from my house at asking price in California. I feel so blessed. Even though I only own the home for five years, the value went up so much but never dreamed I’d be able to build as much equity that quick… Now time to invest in this great wealth transfer and then going to pick up a couple duplexes when they are at rock bottom price
I'm in Orange county and 9 houses sold in my community over the last 6 months. They all sold above asking price in less than a week. I've heard about the housing crash for years, especially here on this channel, and so far I've seen only price hikes. Even if prices go down by 25%, they will just erase the gain made since this channel said that there will be a crash.
Home prices in some San Gabriel areas are down 20% since 2022. Irvine and that area may stay stronger for a while, until you have the drugs and crime start spreading to there.
I live in Solano County. They have been very few houses for sale in my area for several years. I'm not sure why, I've always figured that people are leaving SF but want to stay in the Bay Area, so they are buying in my area near Napa.
People have been predicting a California crash for 25 years, it’s not happening. Still the most desirable state and will continue to be the place the rich want to live. There’s barely any home building here.
We are having a mass exodus and people don’t want to step over poo and needles and tent cities. Union square is dead. SF is dying. Not as desirable as it once was. Tragic.
Prices are now so high in Southern California that even if they go down by 10 or 15 percent they'll still be beyond the reach of most home buyers. ! Bed 1 Bath condos in nicer areas are going for $500,000 or more. And with such limited inventory, I just don't see a crash in sight.
I love Stockton but I was born and raised here. Have lived in So Cal, other places in North Cal., MI, & AZ, but always nice to come home. Family has been here since the early 1900’s. Easy place to live, nice people, beautiful weather but each to their own.😊
If you follow this person, you’ll never be able to buy a property in California. Over the past four years, he’s been spreading his pride, and it’s about to come crashing down. Meanwhile, property prices in California have nearly doubled in last 5 years.
Ah, his trademark click bait methods of burning buildings in the background, and a concerned look on his face. He's been saying the housing market's about to crash for the past four years, to try and get people to notice his Reventure App (probably his sole source of income).
The hills behind San Mateo are a lot better value than San Francisco. Really nice living, a constant shortage of good land to build on due to the geography, mild-to-cool weather and lots of cultural mixing, if you like that sorta thing. I think San Mateo County is almost as good a buy as Sonoma County in general... with different fundamentals. Other than that I like the hills behind Fullerton and mmmmm maybe places like Laguna Niguel at the high end and San Clemente [more moderate]. You didn't touch San Diego which I would have liked to hear about since I don't know that region well [never had a gf or job that far south!]
Ok, lots of charts ect here, this information is obvious and really irrelevant for most people. Thanks for convincing yourself that your RUclips housing research is a job…that said I’ll be buying a house in Oakland!
Here in Santa Cruz county, a mailbox rents for $3k and it’s extra to be able to use the kitchen. About 12 students from UCSC live in a 4BR house and their rooms are shared and the closets are used as rooms. So much fun! 🤩 obviously the houses are being bought by companies who know they can rent to students.
The city of Southlake Tahoe banned short term rentals by vote. So all those properties, including the Tahoe, keys can no longer be rented for less than 30 days. Everything south of ski run.
I've owned 5 homes in my 73 yrs. 4 were in Southern California. I sold 1 in 30 days at full price and 1 sat for 1yr without selling at what I paid 5 years Before! I eventually Gave the 3+2 in Riverside back to the bank rather then allow it to be foreclosed. At that time the interest rate was 18% for 30yr mortgages! Yes, 18%!
Every year in December or ealry January, this guy makes a video to explain California housing price is going to go down in the next 12 months. Every year his pronostic is wrong but he continues...
The California Housing market will never crash. Everyone on the planet wants to live here. If you drop the average price of a house in Cali by 50%, the influx new residents would be so massive it would be unmanagable. Developers are keeping inventory leverls low to keep home prices high. They need to be regulated and have a scheduled annual output on production if we want to see stable market.
California's housing market is up 3.6% over the last year. However, many cities in California have started to shift down. An exodus of people plus a slowdown in the economy is starting to weigh on the market.
It's reasonable to expect small to moderate price declines in the cities on this list, based on the current trends in the data. Access the data for your city and ZIP at www.reventure.app.
Note: the Reventure Price Forecast score did very well in predicting California's city-level price growth from 2023 to 2024, along with nationwide price growth. We expect the score will do a good job in 2025 as well.
Sign up for a premium plan to access the price forecasts for your neighborhood and ZIP code.
no crashes are happening, and it's because the U.S. Housing Crisis is a manufactured grift - just like every other part of the american economy
Costa like Costco.
I am from Santa Rosa (#5) on the list and have seen listings on my street sit for months, beautiful homes with price cuts and zero foot traffic during open houses.
Santa Rosa is for sure slowing down. Oversupply of inventory following the build back from multiple years of devastating fires. 2017-2021
Thanks for the interesting Info! Will check out the App
@@IsaacMoore-p1k Prices are so high in California that there's no such thing as price cuts. It's a place to visit, but to never buy a home, only inherit
Keep doing Northern California!!!
The housing market has high costs, maintenance issues, and can be illiquid. There are some smart digital investments that offer better liquidity and potential for higher returns than the housing market.
Digital investment like stocks and dividends?
Absolutely, the housing market does have its challenges. ETFs and stocks have been outperforming it for some time now. While I'm into real estate, I've definitely seen greater returns from my stock and ETF investments. I'm not very experienced in the stock market, though, so I've been working with an advisor to help navigate it.
Could you recommend who you work with? I really could use some help at this moment.
My CFA is Laurel Ann Watkins, 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. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
Back in the day, when I purchased my first home to live-in; that was California in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market 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.
Impressive can you share more info?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Rebecca Lynne Buie for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Rebecca profile appears to be fairly knowledgeable, therefore I must say that I value the advice. After locating her online, I thoroughly read through her resume, educational background, and qualifications, and I must say that they were quite impressive. We have set up a meeting after she replied to my message.
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.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
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.
Bro, i live in ca. All the areas with prices going down is because crime is going up there...stockton, san bernidino, los angeles, santa monica, oakland. All have high crime rates
Your wrong I live in Los Angeles ain’t shit going down it continues to rise in the nastiest of hoods
Yep. As long as Newsome is here it’ll continue getting worse
@@elitebrowz7258 You do know California is bigger than just LA...right?
Housing prices are unlikely to significantly decrease until there's a substantial increase in housing supply. In the USA , there's a shortage of millions of housing units, and construction isn't keeping pace. The constant demand for housing, coupled with population growth, means that even a slight price drop attracts numerous buyers who quickly absorb the available supply. I'm considering purchasing affordable houses in 2025 and possibly venturing into stock investments. When is the best time to enter the stock market? Some people say it is profitable , but others say it's risky. Any advice?
Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
Home prices will eventually drop, but for now, it’s smart to pull your money out of the housing market and consider investing in stocks or gold. Mortgage rates are high, the economy is slowing down, and it’s getting harder to qualify for loans. Home prices will likely need to fall by 40-50% before the market stabilizes. If you’re unsure about what to do, it’s a good idea to talk to an independent financial advisor who understands the markets.
Mind if I ask you to recommend this particular coach you using their service??
*I'm favoured only God knows how much I praise Him,* $230k every 4weeks! | now have a big mansion and can now afford anything and also support God's work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
It's Ms. Evelyn Vera doing, she's changed my life.
I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Evelyn Vera, you're a miracle.
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in
US and Canada she is really amazing woman with good skills and experience.
Same here
Waking up every 14th of each
month to 210,000 dollars it's a blessing to I and my family... I can now retire knowing that I have a steady income❤️
Big gratitude to
Evelyn Vera
People don't understand silver is consumed and there is only a select small number of solely Silver mines left !! its a byproduct of other metals mining. There is less Silver above ground than Gold...it's gone and silver has more uses than Gold. I will advise y'all invest in them, imagine receiving times five (×5) of your investment capital as your return on investment (R O I) in just few days
Truly facing this recession without investment is actually risky, salaries are easily spent off.. This inflation has taught people the importance of multiples income investment helps a lot.
Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich..
I'm thinking of getting into investing but feel a bit lost and confused. Any friendly advice or contacts you recommend for guidance?
Finding financial advisors like Jayden Lindsey, who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead,so a prudent personal money management will be essential to navigating them.
I'm surprised you also trade with Lindsey Jayden, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?
The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.
@@SeanTalkoff How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
My CFA ’’ Sharon Ann Meny, 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..
@@SeanTalkoff Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Dude has been saying there is gonna be crash since 2020 dude he’s wrong
Has he ever been right?
He was right about buying puts on opendoor. I made 30k off that trade
Definitely buy now guys. You are gonna be so happy
A broken clock is correct twice a day!
And others have been predicting a massive CA housing crash since 2010. It never happened and likely won’t. Simple supply and demand in CA. Nothing new here.
Here to admit I was pleasantly surprised with this video. More data based analysis, less fear mongering. Good analysis of the CA market. Cheers from Sacramento, CA
Thanks for the kind words! Keep us updating on what you're seeing.
He's been saying there will be a crash since 2020. We so regret we believed him. the detached house in Orange County that was $800k with 2% interest , is now $1.5M, he just gets following just because he tells you what you want to hear!
Friend of mine bought in 2022, decided to sell recently, wasn’t able to after three month on the market even with lower than 2022 price. DR Horton down 30% from ATH this year. Im itching to see what THESE builders gonna do with rate buy down next couple years after today Fed meeting.🍿
No mention of sacramento, the Capitol city?
I live in Contra Costa, Walnut Creek.
Prices is not dropping.
Inventory is low so price is absurd.
In 6 years, the house I rent doubled the price.
1.2M now.
I can't ever buy.
Even a broken clock is correct twice a day.
This guy is definitely broken, but I don't think he's ever been correct.
I'm not seeing anything going down in my area of Northern CA. It goes up, stabilizes, then goes up again and has kept going since I purchased my house in 2012. The next town over just built 10,000 new homes over the last 3 years and my home price has stayed the same (mid 700's). If people are leaving CA, it's not enough to notice. If 5 million left this state, it would be an improvement!
Thanks for the comment. What area of Northern California?
2012 was the end of the last economic recession, so obviously prices have gone up since then?
That town over is Roseville/Rocklin? Or Folsom? Huge population growth is happening in the Sacramento area.
They arent crashing bro. There ain't enough housing in Cali and there is a line of ppl waiting to pay a $7K a month mrtg or just pay cash for a million dollar crib at every open house.
I wonder how many are illegal immigrants who will have to sell their houses. Or owners who rent to illegal that will have to find new tenants or sell. A few million.
People paying that much have 3 families living in them.
7k a month your full crap -
@@KURTSSPOT that is the monthly payment for a $1M house in Cali at current interest rates. It's simple math.
@ maybe I missed that in your comment - yes - that is true but California is bankrupt- commercial properties aren’t moving - what really crazy is in NewYork there are 22 Empire State size building that are empty - California has two serious problems that I know we can’t recover from.
REVELATIONS 🙏🏻
California is having a major homeowners insurance crisis, which has continued for the past two years and doesn’t show any signs of letting up yet. The urban areas and some of the suburbs haven’t been affected, but the semi rural places have been impacted greatly with some people seeing their homeowners insurance increase to up to $700 per month in certain foothill areas
Good point.
Ck to see if there are any Grant's available through service Canada???
That is a fact that isn't mentioned in this very informative video...
Yes, insurance in CA is crazy! I'm paying like 5k a yr in rural area just for fire 🔥 alone. Its a ripoff. I plan to pay off and cancel my insurance and fireproof everything instead.
@@Openminded4life Any second thoughts on that one after this last week? That's quite the timing on that statement.
orange county always has been the top suburbs for the upper middle class since the 90s. im not surprised considering all the wealthy business owners in downtown LA all live in orange county
He said the same thing on 22,23,24. Prices went up , and the house market did not crash.
I am from California. I have seen one house in my area listing for 1.7 and was bought for 1.9 mil back in 2021
Thanks for the comment. What area of California?
I live in riverside ca I seen houses put up for 1.7 on realtor app and I save them once they sale they sale 100 - 150 k less
@@ReventureConsultingthere you go again trying to cherry pick your silly examples. You always choose the anomaly
I doubt that very much!
SLO county still very strong. Bought here in 2019. I was extremely lucky to buy before 2020. These opportunities only come once every couple decades (2008/2020).
I bought as well in AG in 2020. I couldn’t afford to buy my place today. Happy for you 👍
Yup. I live in SLO County as well. Houses here are still selling like the pandemic.
Mostly selling to non-locals who are buying them as investment properties/rentals
You've been saying the same thing for the last 4 years, I followed you during the pandemic, missing the opportunity to buy a house, you keep misleading people with your channel. THE SKY IS NOT FALLING!!
He’s really held a lot of people back from buying a home when they should’ve. His spewing fear should be a crime. He shows no remorse for the people he knows he affected.
Agree with you
I’m in Sonoma County. Bought my house last year for $850k and it’s now worth $1.2 mill. Market may cool, as it’s done seasonally… but not crash.
It doesn’t matter how much the percentages in Los Angeles have gone down. People still cannot afford to buy homes here and I don’t anticipate it’s going to bottom out.
Nice job in keeping your channel active for last 5yrs scaring the buyers and yet prices are at the peak for last 5 yrs. Nice career just keeping the lie going on and on
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...
@@ЕленаФирсова-ц6м Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
@@YinusaSaheed Oh please I’d love that. Thanks!
*MARGARET MOLLI ALVEY*
Lookup with her name on the webpage.
Great video! Please keep the California market on a regular update cadence!
Will do! Thanks for the comment.
You did mention job postings and demand in silicon valley. I imagined with the Advent of AI and the close relationship must brain has with the felon investment in silicon valley will be way up prices likely to stabilize at least.
You did point out that markets close to each other could differ greatly the same it is with job opportunities.
And as a long time CA resident I can tell you that we are just fine with hordes of people leaving this state. We are overrun and any downturn in population here is a blessing to us all. Better standard of living!
Compared to other states, Florida...Texas.. Nevada,,,,,etc...California is doing great !
In terms of housing it's certainly more stable.
San Diego is not crashing ever- it’s well below the weather bands- we have stable weather, mild winters and beautiful landscapes on the ocean … it has what no one else in the nation has. It’s a premium cost for a reason. More valuable than any other property out there. I don’t want to go anywhere else and face crazy weather or crime, or increasing costs and not hold a candle to SOCAL. I don’t love the high cost or our governor-real life “ Hotel California “ situation. Ha!
You missed a huge DOWNTURN CA city PALM SPRINGS where airbnb took off in 2021 and then the city put restrictions on it and theyre seling like crazy
They’re selling like crazy? Where do all those buyers come from? Are prices shooting up since they’re selling like crazy?
Our homes in Silicon Valley still sell in about 10 days. This guy is crazy. Same message from him for 4 years.
This RUclipsr has been proving with data a housing crash since 2020. He always has solid data to proof a crash.
Its 2024 and it hasn't even crashed though lol. But I still respect the analysis.
You need to revise this video, taking into account the huge increase in demand following the fires in Los Angeles.
Another reason for people probably moving out of Tahoe is because it’s getting hard to get insurance in forested areas of California
Nobody is “moving” out of Tahoe. It’s just second homes and AirBnBs there.
I need to get my 300k shitbox/project home in SLT already.
That's the plan.
They want people out of the hills and the mountains and back into the cities and suburbs where they can be monitored and susceptible to programming. Why else do you think there are so many unexplained fires 🔥?? The power company that starts with a P and ends with an E is involved in it. It usually starts with an "accident" involving their power lines.
What do you get for that mill plus in Oakland? A ringside seat to the nightly sideshow!
Or a shack in the Oakland Hills.
Hey you don't need any pay per view,look out your window,it's live baby.
Lol. Oakland is tough. Visited there in Aug 2023 and did not like what I saw.
California is huge and varied hard to generalize.
OC is solid ! I’m amazed
O.C houses up on the sky.
@
It’s like LONDON, enough people will also see the OC as the best or a destination goal in the USA.
Great information
My rental in Fresno CA, on Trulia peaked at 323000 2 months ago it's down at this time 283000 so I believe it's starting to happen
Fresno.
LOL.
Thanks for the insight. Keep us posted.
@@lazydayB2Bit is in California.
You paid $90,000 and cash flowing $1,000 a month LOL
Actually I just checked the Value on Villa still 330k and Turner at $346,000 Both down nothing LOL
Respectfully, Alameda: Al-uh-MEE-dah, Contra Costa: Contra-COST-uh and for good measure Marin: MUH-rin.
Thank you! Dude is obviously not from the area nor did he do any research on how the names are properly pronounced. It was deiving me crazy listening to it. 😂
It's actually MaRIN.
Thanks for the pronunciation correction.
thanks for the gôd information
Would it be possible to go a little more in depth about S Lake Tahoe as well as San Diego? Thank you
I’m in the Lincoln California area and housing prices are going sky high! Tons of new builds, tons of new stores, and this area is getting bigger and bigger every day.
Im in CA my markets up 11.1% since last year
This is a really insightful analysis. It's interesting to see how different regions are experiencing varying trends. I'm particularly curious about the impact of the tech downturn on the Northern California market. How do you see this trend affecting home prices and sales in the long term? Thank you.
I’m noticing more inventory in LA and OC. Zillow listings show lots of price decreases in the markets I’m looking at.
Yeah, that’s pretty typical from October through February. They’ll start to climb again in March and peak in the summer. No crash coming…too much of a shortage.
That will be good news for people who are trying to get into the housing market.
I have been tracking Solano County inventory for about 18 months. Definitely looks like prices have plateaued on the low end while the high end homes are sitting and then seeing price cuts due to lack of qualified buyers in the area.
So i live in Vallejo #2 on this list. I bought last year and i am up 40k. Lets see what happnes next year.
Even with the “9% lower”, price of the house is still high.
Thank for the information,, I live in Stockton and the price of the houses are very high. It is impossible to buy a house. Hopefully as you said is going to go down, so I’m waiting for the opportunity,, thanks.
He meant #2 Fairfield Vacaville, Napa, Angwin, Pope Valley, St Helena, Dixon, Davis, Green Valley
Those are safe.
A major factor in the Tech Industry's woes comes from a Tax Code reform that occurred in 2022, in which Tech companies were no longer able to include R&D credits on their Federal tax forms. This led to the firing of tech recruiters, and a lack of tech jobs with higher demand, having an average of at least 200 candidates per job. It also led to much lower incomes, with an average drop of around $20,000 annually. To put it in context, because of these tax reforms, Senior Developers are now being paid the same as mid-level Developers used to be paid, and mid-level the same as junior level. Hence all of the moving. For me, I've migrated out of corporate and into independent consulting, where if you play it right, you can make more than corporate is able to provide.
Thanks for the comment, very interesting. Santa Barbara CA
I live in Santa Rosa and I was born here. I want more people to leave
@@crush9197 I left right before the fire. Won’t go back.
Why don’t you lead the way? And why don’t you like people, aren’t you one?
@ ima staying here. I don’t want outsiders. Outsiders bring gangs back to the neighborhood once they have kids. I’m already seeing it happen again to my South Park neighborhood slowly they are popping up again after we just cleaned up this neighborhood years ago
@@torsten6777ima staying. Leave if you don’t like my opinion
I live in Fresno and feel the same way...
Awesome Nick
A lot has to do with the school district. Millbrae continue to see prices rise. San Mateo, San Bruno and Daly City is going down.
Palo Alto which is part of Santa Clara county continues to go up.
First time I've heard pronounced contra COASTa. Not complaining. Contra Costa has changed a lot in the last 20 years...don't think we'll ever go back
Good video and you totally nailed the white-collar tech recession. I've been out of work now for 1 year and it's not getting better either, it's getting worse.
Thanks for the comment!
Why do you only thank commenters that agree with you?
@@torsten6777And he deletes the top comments that disagree with him.
Please review SEATTLE/BELLEVUE metro. Thank you so much!
2022 Los Altos Ca the home my dad bought in 1966 for $37,000 sells in 2022 for $4.2 Million. $4,200,000. As a VACANT LOT. 1/3 acre. The new home is just being finished. close to LAHS. There are Thousands of homes in Los Altos like this lot. It was valued at $1.5 million in c. 2019 ....243 Frances Los Altos Ca
Hardly anyone can afford the high prices in California!
Why not? You sell your old house with up to $500k tax free profit and apply all that profit towards the new house.
If that were true prices would be really crashing and they are not.
When you just rely on the data you’ll keep making the same mistake over and over again. Housing price is extremely low. It’ll double by 2030!
In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?
The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.
I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are several independent advisors you could research. However, I have been working with “Annette Marie Holt for almost four years, and we get along great. If she appeals to your judgement, you could continue with her. I support her.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
San Francisco, prices rose, guessing, 3000% since the late '80s, they drop 10%, "BARGAIN! BARGAIN!"
My boy a real-estate agent and just sold a 2.5 million dollar house in fremont ca
The home we bought 8 years ago went from 365k to 750k. Thats crazy equity and we would probably have to move if we didn't buy when we did.
That's crazy inflation alright!
I mean "equity".
Lord knows, you've earned it!
/sarc
You bought at a good time. Home prices in California are now above 17% overvalued compared to long-term norm.
No, the dollar is 17% percent undervalued compared to long-term norm.
@@torsten6777
USD has LOST 250% of purchasing power since 1983.
@@torsten6777exactly!! Not too many people can wrap their heads around that. 😂😂😂
It should be noted, just looking at the Reventure App Score does not tell the whole picture. Nothing beats a ground-truth visit...
Nick Johnson just released a video of San Bernadino this week - it reminds me of East Palo Alto in the late 1990s. Sure it may be a "great deal" relative to a few years ago - but you'll have to deal with a city police station that's closed weekends and Fridays, saturation of gangs, murders and drug wars, no jobs, etc...
Investors are not typically the type of people who want to fix problems, they just want to gentrify the area (making the problems someone else's to deal with, where ever those who had to leave, end up)
San Bernardino is a shithole.
To be clear: the score does not say it's a good or bad place to buy. Simply attempts to signal where prices are heading the next 12 months.
@@ReventureConsulting Aw come on Nick - in the words of Dan Hedaya in Joe vs. the Volcano: "I'm not arguing that with you" ;-)
The point is: As great as ReventureApp is (awesome, btw) - but take a look where you're considering buying. Sight unseen is a recipe for disaster, one should understand WHY the price is going up or down on trend when making informed investment descisions.
In 2014, I saw cash offers $125K over asking in the S.F. Bay Area for houses that needed more than $125K of work to be reasonably liveable (for example the blue tarp covering the leaky roof had been there so long it was showing up on Google Earth two years earlier - and the house smelled of mold). But it was/still-is the tech center of the country, so it made some sense (that house now is valued at more than $500K above what was paid, so the over-bid and pending remodel was reasonable - given it's detached, on a lot with a yard). Prices have come down, but unless something happens to the tech companies here - $1million+ is the way is' going to be.
This does not describe San Bernadino... It may be cheaper over the next few months, but there is no catalyst even on the horizon that would suggest that trend is ever likely to reverse. one could wait 6-months and still be "buying high" if all the price does is continue to drop.
Buyer demand in CA is still very very low??? Then why are prices still going up? There's almost 40 million freaking people living in the state, bro
Wrong, wrong, wrong, and still wrong six years later.
Even if it goes down most the people i know are on sweet heart 2%-4% interest loans and love the deal they are on.
Fair point. Lots of people have low mortgage rates, which is one reason why supply has been kept low in markets like OC.
Bro you been saying housing markets crash for the last couple years. click bait videos.
Last five years…The guys a clown!
More foreclosure here we come been watching
Not too many peoples want to live around downtown L.A.
Houses in L.A county never go down .
3 bed rooms around 1M.
Please do a review on DFW area in Texas. That one is super inflated in my opinion.
I make $100k and I still can’t buy a home in CA 🙄
CA home prices are to damn high in Cali unless you live far far in CA you won't get a cheap house because houses damn near $800k on avareger for a home where you can see your neighbor in the bathroom n pass the toilet paper it's ridiculous n the townhouses market just as bad.
@ It’s all bad! I don’t know who tf is buying all these homes at those prices! Surely they can’t afford them. I looked in the mountains and it was still like $400k - $500k.
Interest rates, not home price
@@derekconstantino7759 Interest rates should be at 10% home prices should come down. THEY ARE HOMES! NOT THE STOCK MARKET!
And you never will.
Those of you that think there will be a crash are wrong i watch mortgage delinquency rate it is below 2% economy is strong and will be for a while plus population growing , as long as economy is strong there wont be no crash anytime soon! We dont have ninja loans like 2008! Give it up 😅😅😅
If in fact the home prices are lower in Tahoe it's because of all the snow they've received over the past two years. The same goes for the Mammoth Mountain area, in both cases many homes were damaged due to the weight of the snow if it wasn't promptly removed...
thank goodness, I was able to just accept an offer from my house at asking price in California. I feel so blessed. Even though I only own the home for five years, the value went up so much but never dreamed I’d be able to build as much equity that quick…
Now time to invest in this great wealth transfer and then going to pick up a couple duplexes when they are at rock bottom price
I'm in Orange county and 9 houses sold in my community over the last 6 months. They all sold above asking price in less than a week. I've heard about the housing crash for years, especially here on this channel, and so far I've seen only price hikes. Even if prices go down by 25%, they will just erase the gain made since this channel said that there will be a crash.
If you watched the full video you would have seen that he IS predicting price increases in OC.
Home prices in some San Gabriel areas are down 20% since 2022. Irvine and that area may stay stronger for a while, until you have the drugs and crime start spreading to there.
Location Location Location
@@dmitriiisakov6470 but 2-3 years ago he didn't. I was watching all his videos and I stopped when I realized that he was wrong
@@_Stay_Curious if we need crimes and drugs for prices to go down, that just shows that his predictions of a market crash were wrong all along.
Alameda county pricing is always lower, to gain interest - then it turns into an auction block for the highest bidder.
Unlikely
Nick you’ve been wrong the past 4 years 😂
Yep!! Even longer than that. 😂😂
Jeesh...we keep calling for prices to drop. While I finally agree....certain areas are going to come down in 2025. I FINALLY agree with you, RC!
I live in Solano County. They have been very few houses for sale in my area for several years. I'm not sure why, I've always figured that people are leaving SF but want to stay in the Bay Area, so they are buying in my area near Napa.
People have been predicting a California crash for 25 years, it’s not happening. Still the most desirable state and will continue to be the place the rich want to live. There’s barely any home building here.
California's housing market crashed by 40% from 2007 to 2011.
But agreed on low home-building.
We are having a mass exodus and people don’t want to step over poo and needles and tent cities. Union square is dead. SF is dying. Not as desirable as it once was. Tragic.
@ that’s a tired argument, remind me in 5 years when the median is $1.5m.
@@SunZuu1 facts are facts
@LCLand
Then how comes prices are not going down?
Prices are now so high in Southern California that even if they go down by 10 or 15 percent they'll still be beyond the reach of most home buyers. ! Bed 1 Bath condos in nicer areas are going for $500,000 or more. And with such limited inventory, I just don't see a crash in sight.
You’ve been calling for a crash for over 3 years 😂😂😂😂
Since 2020
Hurry and buy now that the values tripled in three year. You’re gonna make so much easy money. What could ever go wrong m?
Thank you !!!
Thanks for watching and commenting!
You continue to mispronounced "Alameda," and "Contra Costa" counties - which makes you come off as a bit ignorant of the area.
There's no good side of Stockton.
Homes there should be 50k.
LOL!
I love Stockton but I was born and raised here. Have lived in So Cal, other places in North Cal., MI, & AZ, but always nice to come home. Family has been here since the early 1900’s. Easy place to live, nice people, beautiful weather but each to their own.😊
If you follow this person, you’ll never be able to buy a property in California. Over the past four years, he’s been spreading his pride, and it’s about to come crashing down. Meanwhile, property prices in California have nearly doubled in last 5 years.
Ah, his trademark click bait methods of burning buildings in the background, and a concerned look on his face. He's been saying the housing market's about to crash for the past four years, to try and get people to notice his Reventure App (probably his sole source of income).
The hills behind San Mateo are a lot better value than San Francisco. Really nice living, a constant shortage of good land to build on due to the geography, mild-to-cool weather and lots of cultural mixing, if you like that sorta thing. I think San Mateo County is almost as good a buy as Sonoma County in general... with different fundamentals. Other than that I like the hills behind Fullerton and mmmmm maybe places like Laguna Niguel at the high end and San Clemente [more moderate]. You didn't touch San Diego which I would have liked to hear about since I don't know that region well [never had a gf or job that far south!]
Ok, lots of charts ect here, this information is obvious and really irrelevant for most people. Thanks for convincing yourself that your RUclips housing research is a job…that said I’ll be buying a house in Oakland!
Here in Santa Cruz county, a mailbox rents for $3k and it’s extra to be able to use the kitchen. About 12 students from UCSC live in a 4BR house and their rooms are shared and the closets are used as rooms. So much fun! 🤩 obviously the houses are being bought by companies who know they can rent to students.
The city of Southlake Tahoe banned short term rentals by vote. So all those properties, including the Tahoe, keys can no longer be rented for less than 30 days. Everything south of ski run.
I've owned 5 homes in my 73 yrs. 4 were in Southern California. I sold 1 in 30 days at full price and 1 sat for 1yr without selling at what I paid 5 years Before! I eventually Gave the 3+2 in Riverside back to the bank rather then allow it to be foreclosed. At that time the interest rate was 18% for 30yr mortgages! Yes, 18%!
Every year in December or ealry January, this guy makes a video to explain California housing price is going to go down in the next 12 months. Every year his pronostic is wrong but he continues...
The California Housing market will never crash. Everyone on the planet wants to live here. If you drop the average price of a house in Cali by 50%, the influx new residents would be so massive it would be unmanagable. Developers are keeping inventory leverls low to keep home prices high. They need to be regulated and have a scheduled annual output on production if we want to see stable market.
My neighbor bought last month after being on the market for only 7 days. Solano county