The Next Housing Market CRASH of 2024

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  • Опубликовано: 8 сен 2024

Комментарии • 59

  • @bdek68
    @bdek68 8 месяцев назад +5

    Brother! With all due respect it has nothing to do with rates!!!!!! Its price period and they are the most expensive in history. Your wrong

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Just remember what I said in the video and keep watching what happens over the next year and beyond and just come back and apologize to me when you find out I was right ;)
      Because it has everything to do with interest rates. That's literally the main cause of why the price is go up and down.

    • @realdesign242
      @realdesign242 8 месяцев назад +1

      "this is what will happen.... also, I am biased and everyone else with the same bias agrees"
      yall arent helping yourselves. been saying this since I got into real estate in 2018. idiots fooling idiots at everyones expense including your own.

    • @bdek68
      @bdek68 8 месяцев назад

      @@AndyColemantrust me I will. Honestly affordability is at all time lows! Everything reverts to the mean and prices will drop sharply over the next two years. Remember that!

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I'm not sure what your point is? Can you explain your position?

    • @AndyColeman
      @AndyColeman  8 месяцев назад +1

      That's what I'm saying. Nobody can afford a house aside from the wealthy. They messed up by dropping the rates so low during the pandemic. There needs to be a correction and that has to come at the expense of very high rates for a sustained period of time (at least 1-2 years)

  • @teddygramsgg4780
    @teddygramsgg4780 8 месяцев назад +1

    The first statement in this video was one of the most boneheaded comments.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Lol. Which statement was that exactly Teddy?

  • @abrahamcalderon7078
    @abrahamcalderon7078 8 месяцев назад +3

    I'm glad someone is talking about the cycles in rates and reasons. Very accurate and useful info 👏👏👏

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Exactly! This needs to be addressed because there is an incredible buying opportunity coming very soon! Share this with your friends!

  • @oleksacrowley9580
    @oleksacrowley9580 8 месяцев назад +1

    It’s all nonsense. There’s no crush, neither RE is cheap. Prices need to go down to at least 10 years ago levels. And not for a month or two, at least for a year or two.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Well, prices are not going to go down that much, but they might go down during the crash slightly higher than pre-COVID levels. Remember, real estate always goes up and it's never going down in the history since we've been recording housing data

  • @xavierrodriguez1455
    @xavierrodriguez1455 8 месяцев назад +1

    we are going to hyperinflation again and then deflation.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Yeah It's going to be interesting to see what happens in 2025

  • @xavierrodriguez1455
    @xavierrodriguez1455 8 месяцев назад +1

    Do you think it might crash earlier because the economy is so unbalanced and the Americans are out of money already? you have the Ukraine-Russia Conflict, Israel-Hamas Conflict, gas prices, supply chain issues, labor shortages, high interest rates, inflation, house shortages, and too much printing money.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      If it wasn't an election year then yes absolutely it would actually be crashing this year coming up, but since it's an election year they historically always lower the rates which is going to cause a reverse crash meaning the price of homes is going to go up. But it's going to mess the market up even worse and then it's going to crash in 2025 for sure

  • @JK-ks3xq
    @JK-ks3xq 8 месяцев назад +9

    Nobody's gonna have a job next year. How are they gonna buy anything?

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I'm curious why you think nobody's going to have a job? Inflation is actually going down and they're going to be lowering interest rates so wouldn't that be better for the economy? No I have to admit I don't know much about unemployment that I have not done research on yet. I just followed housing market and interest rates so care to enlighten me?

    • @JK-ks3xq
      @JK-ks3xq 8 месяцев назад +2

      @@AndyColeman .....Inflation is not going down...yet; it's just not rising at the pace it was rising at before. We will get a deflationary period for a while due to "demand deflation" because the majority of Americans are tapped out $-wise & banks are tightening credit. The government/fed via the corrupt media, is lying about unemployment, GDP, inflation, etc.(election year coming up) Big tech, banking, zombie companies are laying off people now and next year. Small biz is laying off people or closing their doors. The fed knows & sees all of this. That's why they are talking rate cuts next quarter. Check history. When the fed cuts rates it's because the economy is in the toilet or soon to be. Soon after the rate cuts, the fed will start printing, government will increase spending/passing out money again to buy votes. Hello hyper-inflation! Look, nobody in the world wants to own our debt. We held a bond sale a month ago and nobody came. There will be pain!

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I really hope they don't start printing money again. That was a major factor why everything got screwed up in the first place. Other countries are going back to the gold standard. Would be interesting to see the USA do the same yet I don't think that's possible at this point?

  • @NoNo-ng9sl
    @NoNo-ng9sl 8 месяцев назад +2

    Clickbait title aside, since its no crash, I agree theres a buying opportunity coming. For the immediate term and if someone is looking at a long time hodl on a new build. I think Spring will be about as good as it can get. Its a small window of opportunity (little buying competition and builders offering incentives). After that, its anyones guess honestly.
    If theres something Ive learned from 2020-2022 its that the stake holders in real estate -- banks, realtors, brokers, imvestors. None of them care about risk in a low intrest enviornment. In order for a real crash to happen now, something unexpected has to happen again or the Fed grows a pair and leaves rates above 7% for an extended period of time.
    You have to ask which is more likely this decade? I think UAP revelations are a higher bet if Im honest 😅😂.

    • @AndyColeman
      @AndyColeman  8 месяцев назад +1

      That's exactly what I said right around April or so which is spring and I don't really see how this is clickbait though because I am predicting a crash is going to happen in 2025 or possibly early 26'

    • @NoNo-ng9sl
      @NoNo-ng9sl 8 месяцев назад +2

      @AndyColeman I've been paying attention to real estate since 2010. I was a college grad post recession. My market was gang busters because I was in bidding wars even then. My market has avgd 2.7 mos of inventory or so since 2011. Only now am I seeing it climb past 3.5. 2017 is when the Fed raised it an inch. I've been hoping for a correction since COVID but if there's something I've learned watching the data.....you cannot discount the govt meddling in. 2020 was the yr for a bust and then they placed the moratoriums.
      Short of another black swan (like UFOs coming down finally)......if you're going to predict a crash for late 2025 or early 2026? What you're really saying is, we'll see an unpredicted deep recession caused by some unexpected Macro event. I've been pro crash since 2019, but as much as I feel there needs to be a reset on all assets?......I don't see it happening at this point. Youre right about election yr but If we get a Republican president, they will give a green light to Oil again. Thus making the price of transportation and raw materials more stable. Possibly even dropping. That should be palatable to the Fed to leave rates as is. The dark horse right now are student loans and auto repos.
      Time is on your side. And I hope you're right. But, I'm pessimistic about a reset. It needs to happen, but something major has to happen to force locked in effect owners to unload properties PLUS hit Wall St in the nuts and affect their real estate portfolio.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I love the breakdown, very enlightening. I agree too. I just don't think they can sustain a housing economy like it is now. I'll be transparent I'm not very knowledgeable on the oil market though (learning now). It's going to be interesting to see if Trump gets elected but you have to remember the Fed can still raise rates if a Republican does get elected after the election to stabilize the market again. That's why I'm thinking 25/26' for a crash. I don't think it will be a big crash though, I think much more minor then 2008. Just enough to make it affordable for the average person to buy a house again (now it's cheaper to rent).

  • @TheRealSabahAli
    @TheRealSabahAli 8 месяцев назад +1

    Wow I can’t wait to buy a house! 🎉

  • @crispisauce
    @crispisauce 8 месяцев назад +1

    Nice analysis. Rates definitely will go down, if we have a recession we will see 0 again.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Yeah that's going to be interesting when we get into a recession because everybody claims a recession is coming. I have to do more research to see if we're actually going into a recession or not but all indicators point towards yes we are. I really don't think the interest rates are going to get much lower than like 4.5% though I would actually be quite surprised if they even got that low, but even then it's going to trigger a buying frenzy

  • @Zt3v3
    @Zt3v3 8 месяцев назад +1

    I want a crystal ball too! Seriously though, interesting prediction.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I've been studying this in depth for months now and obviously I've been a top agent so I'm telling you man this is exactly what is going to happen in the market! Take advantage of it like I will be (buying in the next couple months) then again in 2025/26 when the rates go back up and the prices crash

  • @Mark-bb4ks
    @Mark-bb4ks 8 месяцев назад +1

    Banks will default 🔮

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I'm curious why you think that, a lot of people are saying that too

    • @dkay4304
      @dkay4304 8 месяцев назад +1

      Why would the US let them default? How many times has the US covered how many businesses in the past ?

    • @JT-zw4df
      @JT-zw4df 8 месяцев назад

      @@dkay4304 Why did the Fed let thousands of banks go under in 1929? If you can answer that, you'll know what's to come. Here's a hint; it wasn't stupidity.

    • @JT-zw4df
      @JT-zw4df 8 месяцев назад +1

      @@AndyColeman Because banks like JPMC have 77 trillion in derivatives on their balance sheet. As such, if I owe a share of stock to 1000 people who want their shares now and only have 1, I have to go and buy them on the open market. At that point, price explodes and I go bankrupt. Imagine all of the banks calling in what their owed to each other all once and now you know why.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      That's a fair point

  • @bmudri
    @bmudri 8 месяцев назад +1

    its a combination of rates plus price, which will give you an affordability factor. I believe its not sustainable either way. we're due for a big dip - just might take time.

    • @AndyColeman
      @AndyColeman  8 месяцев назад +1

      Exactly. I'm predicting it's going to happen in 2025 or maybe early. 2026. Because watch the prices are going to start going up next year which is going to mess everything up even worse

  • @xavierrodriguez1455
    @xavierrodriguez1455 8 месяцев назад +1

    This is a Debt bubble, a credit bubble, and a Liquidity bubble. the banks are going to default so the banks are going to cause the crash.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I'm not sure about that. I don't really read up in the banks just yet but I'm going to start doing research on it

    • @JT-zw4df
      @JT-zw4df 8 месяцев назад +1

      @@AndyColeman There's somewhere between $1 to $250 quadrillion in notional value in the derivatives market. The gamestop saga and SVB collapse are just tremors for the coming quake. When this bursts, thousands of banks will simultaneously go bust and almost everyone will lose almost everything; stocks, bonds, deposits, etc.
      This will be catalyst for a deflationary super-cycle a la 1929 on steroids. When that occurs, people will lose their homes and essentially all private assets will be accumulated by the big banks. That will be your housing crash. The problem is of course, that prices will take 15+ years to rebound if ever.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I'm curious when do you think that will happen exactly? I predict late 25 or early 2026

  • @besnkinic
    @besnkinic 8 месяцев назад +1

    the sound effects make this seem cartoony, and your voice sounds like you're asking a kid what they want from Santa.
    you may be right about the election year BS and rate manipulation, though. what about MBS rolling off?

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      I will try to make my voice sound better and use less sound effects lol

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      And what do you mean by MBS rolling off?

  • @1ZEROSUMGAME
    @1ZEROSUMGAME 8 месяцев назад +1

    It's just common sense. Something will break.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Exactly and if you follow the numbers and look at the trends throughout the past history and what's going on right now, you can easily come to the exact same conclusion I did, but they take me tons of hours of research to determine this

  • @xavierrodriguez1455
    @xavierrodriguez1455 8 месяцев назад +1

    When do you think the house market will crash . You think will crash in 2024.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      Well I think the main crash is going to happen in 2025. I say in the video but the lowest points through mortgage rates are going to be right around September or October of 24. And then they're going to slowly start raising them again at the very end of the year and then into 25 and then maybe 26. And that's when the big crash is going to happen right around that time frame.
      So if you're planning on buying, either wait until then or if you don't want to wait that long by now up until around March of 24' before they start lowering the interest rates because then you'll get a cheap house price and then you can refinance right around September of 24.

  • @user-cc8gi9zx1s
    @user-cc8gi9zx1s 8 месяцев назад +1

    SEO, Performance and Overview score in your RUclips channel videos is very low, As a result of which your RUclips channel videos are not ranking and are not going in front of people and video views and subscribers are not increasing

  • @jamesbarrick3403
    @jamesbarrick3403 8 месяцев назад +2

    What a tool this guy is.... He has no magic formula. He wants to sell houses.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      It's actually not a formula. I've just done the research and looked over the past 50 years of historical data. You can do the exact same thing as me and if you've been in real estate you can figure out what I just figured out.
      Even though you're insulting me, I don't mind. I know I am correct because I do this 16 hours a day every day and you do not.

    • @jamesbarrick3403
      @jamesbarrick3403 8 месяцев назад +1

      @@AndyColeman okay you want some contrast I'll give it to you. Yes there's going to be a house in crash and yes it will be more severe than people think. You want to sell houses and you want to start yesterday we get that. This housing crash will begin in 2024 and it will last for several years. So if you're a buyer and you want to find the very best low prices it's probably 3 years out while mortgage rates will become more reasonable by then.

    • @jamesbarrick3403
      @jamesbarrick3403 8 месяцев назад

      @@AndyColeman you can keep shouting but this real estate market will not bottom out for another 3-4 years. Many banks and mortgage institutions will fail along the way and the whole market will be f***** up so you can kiss your career goodbye for the next 4 years

    • @Cruxdestroyer737
      @Cruxdestroyer737 8 месяцев назад

      ⁠@@jamesbarrick3403and where are you getting this information? What sort of credentials do you have that makes you state those claims? It’s so funny when people who know nothing about the market shares their two cents. Like great, there’s a crash and home prices are reasonable. But unless you buy the house straight CASH (not going to happen 99% of the time) you’ll have to finance. And financing at 8,9,10% interest makes absolutely no sense. Everyone is expecting some “crash and burn” where home prices just magically goes hundreds of thousands of dollars lower and everyone can just magically afford houses??

  • @eane7238
    @eane7238 8 месяцев назад

    stop posting clickbait junk.

    • @AndyColeman
      @AndyColeman  8 месяцев назад

      What's click bait? I just gave you valuable info