Could the housing market see a bump after the 2024 presidential election?

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  • Опубликовано: 8 ноя 2024

Комментарии • 159

  • @MA1776AGAIN
    @MA1776AGAIN 3 месяца назад +22

    I dont care about a rate cut. Prices are way too unaffordable.

  • @mariadrukker2557
    @mariadrukker2557 3 месяца назад +47

    I’m particularly worried about the housing market. It’s already a mess with prices all over the place. I’m wondering if things might calm down or get worse after the election.

    • @Colbe-lx7fb
      @Colbe-lx7fb 3 месяца назад

      The market's been so unpredictable lately. Some say we might see a bump in home prices after the election, depending on the outcome. But who knows?

    • @mariadrukker2557
      @mariadrukker2557 3 месяца назад

      I wouldn’t be surprised if things stay rocky for a while. The uncertainty leading up to the election always makes buyers and sellers hesitant, and it doesn’t help that interest rates are still high.

    • @Andres_853
      @Andres_853 3 месяца назад

      My wife and I have been in the same boat. We’ve been renting because we’re too nervous to jump into the market right now. We’re hoping that after the election, there might be more clarity on where things are headed.

    • @Bigwilli123
      @Bigwilli123 3 месяца назад

      That’s smart. My wife and I decided to work with Bruce Kevin Begley, a financial advisor we’ve known for years.

    • @Bigwilli123
      @Bigwilli123 3 месяца назад

      He’s been helping us navigate these uncertain times. His advice has been a game-changer, especially with all the market volatility.

  • @MikeCasey-z5m
    @MikeCasey-z5m 2 месяца назад +78

    In my opinion, housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

    • @Taylor_m16
      @Taylor_m16 2 месяца назад

      I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you're careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn't king at all in this time!

    • @ElizabethMoore-k2h
      @ElizabethMoore-k2h 2 месяца назад

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      @geraldhoward6351 2 месяца назад

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      @ElizabethMoore-k2h 2 месяца назад

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    • @robertfurguson2678
      @robertfurguson2678 2 месяца назад

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  • @nickvin7447
    @nickvin7447 3 месяца назад +16

    The housing market is completely toast. .75 basis points will do absolutely nothing.

    • @Ravi-rl8tt
      @Ravi-rl8tt 3 месяца назад +3

      Lmao, you clowns have been saying that forever. Do you not realize how much money we printed? The money supply is never going back down. The only thing that could save us is a currency reset to CBDC.

    • @nickvin7447
      @nickvin7447 3 месяца назад +1

      @@Ravi-rl8tt "Never going back down". Ok noob.

    • @Ravi-rl8tt
      @Ravi-rl8tt 3 месяца назад +1

      @@nickvin7447 You realize I was bearish too, right? We’ve had a drastic supply shortage since the GFC which is only showing just now.

    • @nickvin7447
      @nickvin7447 3 месяца назад +1

      @@Ravi-rl8tt There is a drastic shortage in exactly two markets, the extreme north east, and parts of CA. You realize 87 out of the top 100 markets are either flat or declining in price year over year right?

    • @Ravi-rl8tt
      @Ravi-rl8tt 3 месяца назад +1

      @@nickvin7447 A 0.3% decline after homes doubled in price is irrelevant. The money supply was inflated by 42% over the course of 18 months. There are consequences to that. We have rising unemployment yet home prices are still rising. If you want to talk about disaster-prone markets, that’s a different story.

  • @RyanJohnson-pz4tb
    @RyanJohnson-pz4tb 2 месяца назад +5

    why would that make a difference its so overpriced with a 20-30% down payment its 2-3 times more expensive to buy compared to renting its a joke at this point

  • @artsygirl226
    @artsygirl226 3 месяца назад +5

    Why is no one talking about corporations buying up home inventory and screwing first time home buyers?

  • @drewbryant5171
    @drewbryant5171 3 месяца назад +4

    There are several factors, besides it being hugely expensive. It's also a supply issue, if you refinanced at 3%, you should never sell

  • @mle3857
    @mle3857 3 месяца назад +14

    Let's ask a realtor if it's a good time to buy...😂

    • @xianx1866
      @xianx1866 3 месяца назад +1

      What is the point of keep saying this. If buyers have no intention to buy nothing can a realtor do.

    • @joeb582
      @joeb582 2 месяца назад +2

      @@xianx1866the point of saying this is showing that you’re asking the guy who’s living depends on you buying a house if you should buy a house. You will obviously not get objective analysis

    • @xianx1866
      @xianx1866 2 месяца назад

      @@joeb582 SMH...do your own financial analysis. Why depend on other people to make decisions for you.

  • @Ttow49
    @Ttow49 3 месяца назад +3

    I dont see how anything or anybody can save whats coming! Im expecting it to be worse than the great depression. We have lived in a careless society for too long

  • @BillyMartin68
    @BillyMartin68 2 месяца назад +4

    If the rates are coming down I’m raising my price another $30,000. I’m in no hurry to sell. I’m waiting for the market to heat up. Lower rates = more buyers = rising prices.
    🎉

    • @greenbean9135
      @greenbean9135 2 месяца назад

      If the rates start coming down, it means the economy is tanking. Prices won't go up.

  • @ApprovedGiveaway
    @ApprovedGiveaway 3 месяца назад +26

    Amazing video despite the economy disaster and political war in the country, investment remains best for earnings. Imagine you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires

    • @josirismeldazu
      @josirismeldazu 3 месяца назад

      Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

    • @DHLEXPRESSINTERNATIONALDTS
      @DHLEXPRESSINTERNATIONALDTS 3 месяца назад

      Wow that's true

    • @DHLEXPRESSINTERNATIONALDTS
      @DHLEXPRESSINTERNATIONALDTS 3 месяца назад

      But I still love my mentor Sophia

    • @ImportAgentBenardo
      @ImportAgentBenardo 3 месяца назад

      Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Sophia ,she been an amazing experience.

    • @AgeaisethMintcompany
      @AgeaisethMintcompany 3 месяца назад

      I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Sophia Good day all from Australia cia

  • @mojoswifty360
    @mojoswifty360 3 месяца назад +4

    Private equity is buying everything.

  • @Doty6String
    @Doty6String 3 месяца назад +5

    It never goes down

    • @bullethead67ful
      @bullethead67ful 2 месяца назад +1

      That is what they said in 2008 😂

    • @Doty6String
      @Doty6String 2 месяца назад

      @@bullethead67ful hope you’re right!

  • @bullethead67ful
    @bullethead67ful 2 месяца назад +1

    Home prices need to come down. You can refinance rate but not the price.

  • @ericcoleman9068
    @ericcoleman9068 3 месяца назад +2

    What they don’t tell you is the reason the median price is rising is because million dollar houses are still selling but lower cost homes are not, which inflated the median price

    • @jimmyjay689
      @jimmyjay689 2 месяца назад

      No..stupid logic...lower cost homes are likely to sell more ....more eligible buyers

  • @VictorGarcia-le2mi
    @VictorGarcia-le2mi 3 месяца назад +2

    Wat is the different between now and then

  • @chatgpt-n8r
    @chatgpt-n8r 3 месяца назад +2

    that would scary

  • @newshoes-bf2xv
    @newshoes-bf2xv 3 месяца назад +2

    Hell no!

  • @donesy125
    @donesy125 3 месяца назад +4

    A rate cut? lol what .5% wow! 😂 what a joke.

  • @newshoes-bf2xv
    @newshoes-bf2xv 3 месяца назад +3

    How long realtors or scams are going to make us wait and even if we wanted to ask for help from these high interests we can't because of the poor structure, policies and destruction of people working in areas that shouldn't be.There is know heart and passion in the American dream anymore. The American dream is broken and people don't want to talk about it.

  • @charlesbusch8739
    @charlesbusch8739 2 месяца назад +1

    A rate drop alone will not make housing affordable to the average first time home buyer? There needs to major changes in the economy?

  • @fsm12385
    @fsm12385 3 месяца назад +7

    Rate cut not gonna help , adding wood to fire

    • @danparish1344
      @danparish1344 3 месяца назад +2

      Yeah, people don’t realize that increasing home buyers ability to purchase homes also increases the supply of homes on the market because new buyers have to sell their old homes. That combined with looming foreclosures could easily make home prices collapse.

    • @SaveManWoman
      @SaveManWoman 3 месяца назад

      Always about supply and demand. Inventory inventor inventory , plus jobs only formula to housing. 2-5 years of declining market.

  • @Mrjvc163
    @Mrjvc163 2 месяца назад +1

    Rate cuts will flood the market with buyers and in turn raise the prices. You want a lower priced home? You have to move out of state. If your state is already on the lower end of the price spectrum then you're out of luck.
    Reason why homes are sitting on the market is because they're priced way too high. Sellers are still unrealistic and think it's the covid market. We're not in a seller's market anymore. It's a buyer's market and we're seeing sellers paying for credit and closing cost in almost every transaction in my team.

  • @SaveManWoman
    @SaveManWoman 3 месяца назад +2

    Saw major listings, first 1000 will get decent prices after that it’s all bad. Orange County listings can’t come in fast enough. Bag holders from here on.

  • @michaeloski3480
    @michaeloski3480 3 месяца назад +2

    3.5 until it hits that number. I bet the tax assessment 2023 jump jumped people's escrow, homeowners insurance ridiculous due this year ouch!!!😢😢

  • @sbar39
    @sbar39 3 месяца назад +1

    1:17 where did you find an honest realtor

  • @byronkacheris5781
    @byronkacheris5781 3 месяца назад +3

    Sellers need to wait and buyers need to wait...always a snafu

  • @SavvyGG
    @SavvyGG 2 месяца назад

    The only people complaining about mortgage rates are the sellers. They will be the first to discard the fact that their houses have almost doubled in the past 5 years and then point at mortgage rates as the problem.

  • @Dee-w5y
    @Dee-w5y 2 месяца назад

    Home values are declining in every state.

    • @jimmyjay689
      @jimmyjay689 2 месяца назад

      My home is up 10%..Massachussets...thats a state right?😊

  • @robingaray8321
    @robingaray8321 3 месяца назад +6

    Building supplies have tripled. People are fixing up their homes before they sell them. And dumping way too much money into them. 😢

  • @danielvillareal2569
    @danielvillareal2569 3 месяца назад +5

    Is it the rate or the price? Let’s see… yeah, I’m going with the price!

  • @joshuaanderson7712
    @joshuaanderson7712 2 месяца назад

    I travel from Florida TOP TO BOTTOM at least twice a month... PRICES ARE NOT GOING DOWN. They've done nothing but go up. Volusia County - up 35%
    Sumpter County - up 30%
    Seminole County - up 25%
    Leon County - up 25%
    This whole state is fkd by old people and druggies

  • @shanerogers9386
    @shanerogers9386 3 месяца назад +2

    Can the biggest bubble in history get bigger ?

  • @dons3073
    @dons3073 3 месяца назад +2

    No I don’t think so haha

  • @ebutuoy5088
    @ebutuoy5088 3 месяца назад +2

    👏

  • @Coisiniiiiii
    @Coisiniiiiii 2 месяца назад

    This reminds me of the recently released "2024 Top 10 World Most Expensive Modular Apartment Highrises". As for future real estate trends, these high-priced modular apartments seem to be becoming more and more common. What do you think of this trend?

  • @Lietuva47
    @Lietuva47 3 месяца назад

    Reikia imti paskolą pirkti ne jau pastatytą namą, bet paskolą finansuoti jūsų pačių namo statybą arba patiems nes tai daug pigiau, arba , kad jį pastatytu kiti, bet taip bus daug pigiau nei užsidėti paskolos naštą 30 metų po jo jūsų namas kainuos 2 kartus daugiau nei pirminė kaina ir ne daugiau jei kiesis paskolų % ?!.

  • @newhollad
    @newhollad 3 месяца назад +1

    Yep. They will go up in price till 2026 then a massive crash will come.

    • @TroyHanson-ch6nm
      @TroyHanson-ch6nm 3 месяца назад +2

      No way i work in the housing market. If we stay democrat homes will lose 40% value by end of 2025 i would say 30-40% will be foreclosed on this will sink the value fast on homes

    • @LRey85
      @LRey85 2 месяца назад

      @@TroyHanson-ch6nmif that’s the case then this is the time I’d chose to vote democrat lol. The prices are way too high!

  • @newshoes-bf2xv
    @newshoes-bf2xv 3 месяца назад +1

    Wake-Up I felt suffocated the last four years.
    These rates can't go any longer like this, these prices are not going to stay high because of poor appraising, poor inspecting, poor constructing. These rates were too high in the nineties and look what happen in two thousand and eight. You can't keep interest rates this high for too long and these administrations just did that again. Dividing and dividing the poor , middle class and the super rich keep getting richer. A disgrace of empathy with no acknowledgement of understanding what human life needs and wants. The change of policies in favor of the poor and middle class need to be adjusted.

    • @DR-pf9wm
      @DR-pf9wm 3 месяца назад

      Rates are still historically low. The low rates are what has made housing so unaffordable

    • @artsygirl226
      @artsygirl226 3 месяца назад

      ​@@DR-pf9wm don't you think corporations buying up homes has screwed first time home buyers?

  • @Rollingthunder517
    @Rollingthunder517 2 месяца назад

    Americans need to do a national boycott!

  • @maness2112
    @maness2112 3 месяца назад +15

    Rates go down, price of house goes up. Nothing will change.

    • @breadfan9
      @breadfan9 3 месяца назад

      There's a BIG difference in that you can negotiate on price, but you can;t negotiate on rates.

    • @maness2112
      @maness2112 3 месяца назад

      @breadfan9 in my region, there are usually bidding wars. Even to this day. I live in a modest neighborhood.

    • @nickvin7447
      @nickvin7447 3 месяца назад

      @@maness2112 Then you live in a liberal cesspool.

  • @FrankGallagherr
    @FrankGallagherr 3 месяца назад +8

    Who thinks Harris will make inflation worse

    • @rechutriers5592
      @rechutriers5592 3 месяца назад

      Ya because the Democratic Party has been reducing inflation. Derp. Trump gets in there and starts throwing money from a plane again and yes. Then we will have inflation again. Read the signed checks ya derp

  • @dbrew2u
    @dbrew2u 3 месяца назад +4

    Rates fall , prices rise negating any impact of a rate cut . It's become a Rock and a Hard place for the Fed .

  • @zeke5491
    @zeke5491 3 месяца назад +6

    Not unless Blackrock sells all their inventory- at a huge discount

  • @MOliveira-m5h
    @MOliveira-m5h 3 месяца назад

    I tell you what it looks like it needs bump based upon that graph. All of those poor poor real estate owners look like they need all of the help they can get.

  • @Charles-rd6ku
    @Charles-rd6ku 3 месяца назад +3

    Housing is artificially high right now the whole i have is only worth about 275 but it's in the market for 4 and a quarter i can't believe it is chicago suburb

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    @Coldwellbanker.drive3 3 месяца назад +12

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      @lazyas8016 3 месяца назад

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    @Mando_Trucker 3 месяца назад +2

    Listening to newscaster about economics is your first mistake.

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    @Lauren-x2p 3 месяца назад +2

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    @adamplona9438 3 месяца назад

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  • @donnaslater4010
    @donnaslater4010 3 месяца назад

    Read PROJECT 2025 Trumps plan.

    • @rechutriers5592
      @rechutriers5592 3 месяца назад

      Why would we read that. I 2025 doesn’t matter, he isn’t going to get elected

  • @Games4Kidz7
    @Games4Kidz7 3 месяца назад

    A blip in the radar 🤣

  • @PianoMatronNeeNee
    @PianoMatronNeeNee 3 месяца назад

    Sell sell sell

  • @Jchoice0
    @Jchoice0 3 месяца назад

    Everything will be corrected soon. And housing market is no exception to this. I see home price will go down more than 30%

  • @davidrobbins8941
    @davidrobbins8941 3 месяца назад +5

    Banks are the winners when it comes to house buying !!!