Looking for a video editor for RUclips? Email us for more information: info@meetjasonwalter.com ➜ Get Connected To a GREAT Real Estate Agent here: www.realestateteamfinder.com Interested in buying or selling a home in the greater Sacramento area? Email me at: jason@meetjasonwalter.com Compilation of Housing Market Forecast videos: ruclips.net/p/PLiQQpOejscIcBF1Jw2zG6Uvg7qDav_oGi Please SUBSCRIBE HERE bit.ly/31kAR73
@Steverz32 Thank you for being here bright and early even though you had access to this video a day ago. Thank you for being a member of the channel, Steve!
What I notice in my area, anything in 250-350k range sells pretty quick. Anything over 400k sits for much longer and typically gets price cuts unless it’s appropriately priced which it usually isn’t
Could you please focus on outrageous home prices? People can't afford to buy a home because home prices have doubled since the pandemic. This is the problem in the real estate market NOT mortgage rates.
Good question. The answer is no. The Fed controls the federal funds rate which is the short term rate banks charge each other for overnight lending based on reserve requirements banks must abide by. When the Fed decreases that’s rate it decreases the interest rate on savings accounts, new car loans and credit cards to name a few, not mortgage rates. The two are loosely tied to each other though.
I make a Sacramento area video about once per month. Viewers on the channel are located all over the US (including other countries) so that's why my videos are on broad based topics.
Pre-Rona. Trump tweeted the fed and demanded Powell to drop rates to negative territory. He did not. I wouldn't be surprised of trump pushed Powell buttons once again
The Fed doesn't expect prices to drop. The Fed expects income to increase to meet affordability. Under Harris, the might have been feasible, but under Trump, that will not happen. At best, I expect trump to hand real estate investors a big fat tax cut and possibly bail out, so they will be the only ones who can afford houses. Then people will become rent slaves.
Do you realize that would be twice as bad as the biggest decline in the last 34 years? That occurred in 2009 when the US median sale price fell 13% from 2008. No way that will happen.
Looking for a video editor for RUclips? Email us for more information: info@meetjasonwalter.com
➜ Get Connected To a GREAT Real Estate Agent here:
www.realestateteamfinder.com
Interested in buying or selling a home in the greater Sacramento area? Email me at: jason@meetjasonwalter.com
Compilation of Housing Market Forecast videos:
ruclips.net/p/PLiQQpOejscIcBF1Jw2zG6Uvg7qDav_oGi
Please SUBSCRIBE HERE bit.ly/31kAR73
@@JasonWalter1 I am still here!🤣
#LETSGETNERDY
#BYMYDUMBMATH
#REALESTATEISLOCAL
@Steverz32 Thank you for being here bright and early even though you had access to this video a day ago. Thank you for being a member of the channel, Steve!
What I notice in my area, anything in 250-350k range sells pretty quick. Anything over 400k sits for much longer and typically gets price cuts unless it’s appropriately priced which it usually isn’t
Home values are declining rapidly in the greater Miami are. There's just no demand.
Great video, as always. Thank you.
Could you please focus on outrageous home prices? People can't afford to buy a home because home prices have doubled since the pandemic. This is the problem in the real estate market NOT mortgage rates.
Supply and demand. Houses don't have to be affordable to everybody.
Move.
@@dianaricciardelli1961 its both. Property tax is out of control near me too.
He's just stating facts.. he's not president
Was told that the federal reserve just brought down interest rate to 0.25% does that mean our mortgage is the same
Good question. The answer is no. The Fed controls the federal funds rate which is the short term rate banks charge each other for overnight lending based on reserve requirements banks must abide by. When the Fed decreases that’s rate it decreases the interest rate on savings accounts, new car loans and credit cards to name a few, not mortgage rates. The two are loosely tied to each other though.
@@JasonWalter1 thank you so much
You bet
@YvoseStar do you see any difference in the 50-cent discount to 25 cents discount difference on $1000.00 purchase?
Good morning.
Lets get nerdy
I guess I am 1st here as well Jason! Membership has its perks!😊 #REALESTATEISLOCAL
Certainly does! 😀🙌🏡
And I’m the second here 😅
@@annamuradyan2168Good morning !
3rd 🎉
@@realestatemindsetABSOLUTELY BONKERS Travis😊
What I think is that home builders started to build smaller houses to be more affordable
Nice video
Thank you kindly
Why can’t you comment about local market. Sac county, more often. Just a summary?
I make a Sacramento area video about once per month. Viewers on the channel are located all over the US (including other countries) so that's why my videos are on broad based topics.
Rates were down yesterday and today
True
It’s funny watching the establishment, in each category, try to figure out how to continue in a Trump “economy!”
i think if trump removes jerome powell they will drop intrest rates
Why is that?
Pre-Rona.
Trump tweeted the fed and demanded Powell to drop rates to negative territory.
He did not.
I wouldn't be surprised of trump pushed Powell buttons once again
The President of the US doesn’t have the power to fire the Fed chair though snd Powell said Good evening wouldn’t step down if asked by Trump.
@@dontgetsalt2045 Jerome Powell was one of the key person to get us in this hot mess housing market, lol.
@@JasonWalter1 we will see about that.
The Fed doesn't expect prices to drop.
The Fed expects income to increase to meet affordability.
Under Harris, the might have been feasible, but under Trump, that will not happen.
At best, I expect trump to hand real estate investors a big fat tax cut and possibly bail out, so they will be the only ones who can afford houses.
Then people will become rent slaves.
25-30% crash in 2025
Do you realize that would be twice as bad as the biggest decline in the last 34 years? That occurred in 2009 when the US median sale price fell 13% from 2008. No way that will happen.