10 Housing Markets That WON'T Crash

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  • Опубликовано: 30 окт 2024

Комментарии • 287

  • @ChristopherAbelman
    @ChristopherAbelman 6 месяцев назад +205

    Achieving success hinges on the steps you actively take toward it. Accumulating wealth involves cultivating positive habits, such as consistently setting aside money at intervals for robust investments. Financial management, often avoided by many, can later become a haunting issue. My hope is that anyone reading this finds success in their journey!

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 6 месяцев назад +1

      Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learned from my last year's experience, I am able to build a suitable life because I invested early ahead this time.

    • @FinnBraylon
      @FinnBraylon 6 месяцев назад +1

      I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through my estateplanner(fa) by alternative investing. The portfolio comes with perks as well.

    • @HildaBennet
      @HildaBennet 6 месяцев назад +1

      One of my goals is to employ the service of an asset-manager this year. I've seen some off social media but wasn't able to get a response. Could you recommend one?

    • @FinnBraylon
      @FinnBraylon 6 месяцев назад +1

      Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.

    • @HildaBennet
      @HildaBennet 6 месяцев назад +1

      It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, tnks.

  • @DonaldMark-ne7se
    @DonaldMark-ne7se 3 месяца назад +422

    Back in the day, when I purchased my first home to live-in; that was Miami 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.

    • @Jamessmith-12
      @Jamessmith-12 3 месяца назад +1

      I suggest you offset your real estate and get into stocks, A recession as bad as 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 advice but get buying, cash isn’t king at all at this time!

    • @JacquelinePerrira
      @JacquelinePerrira 3 месяца назад +1

      That's awesome! Diversifying your 350K portfolio with the help of an investment coach has really paid off. Making over $730k in net profit from high dividend yield stocks, ETFs, and bonds is quite impressive. Your investment strategy seems to be working wonders for you!

    • @kevinmarten
      @kevinmarten 3 месяца назад +1

      I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?

    • @JacquelinePerrira
      @JacquelinePerrira 3 месяца назад +1

      When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

    • @kevinmarten
      @kevinmarten 3 месяца назад +1

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @NicholasBall130
    @NicholasBall130 7 месяцев назад +231

    I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

    • @StacieBMui
      @StacieBMui 7 месяцев назад +6

      Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

    • @EleanorBaker474
      @EleanorBaker474 7 месяцев назад +2

      The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

    • @StocksWolf752
      @StocksWolf752 7 месяцев назад +2

      My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.

    • @EleanorBaker474
      @EleanorBaker474 7 месяцев назад +1

      Credits goes to " Sonya lee Mitchell" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

    • @lolitashaniel2342
      @lolitashaniel2342 6 месяцев назад

      I just checked her out and I have sent her an email. I hope she gets back to me soon

  • @SeanTalkoff
    @SeanTalkoff 5 месяцев назад +304

    It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

    • @SteveDutton-v
      @SteveDutton-v 5 месяцев назад +5

      It's likely going to grow worse. Housing that is affordable will soon become unaffordable. Consequently, I will encourage everyone who wants to take action to take it now, as today's prices will appear to be lower than they are tomorrow. I believe that we will witness hysteria as a result of unchecked inflation until the Fed takes additional action. The band-aid cannot be torn off halfway.

    • @PASCALDAB
      @PASCALDAB 5 месяцев назад +3

      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.

    • @PASCALDAB
      @PASCALDAB 5 месяцев назад +2

      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..!

    • @herbertfuchs1369
      @herbertfuchs1369 4 месяца назад

      34 TRILLIONS US -DEBT (= the official number! ). Can you imagine how much money that is ?? ( It means a sum of 34.000 BILLIONS !! ). But that is only the appearance of visible debt. Insiders ( for instance: US-Investor Jim Rogers ) however proclaim that the real amount of total US debt is somewhat close to 200 TRILLIONS !!! The US debt situation is more like a huge black hole .
      People, beware of the „Greenback“ !! You might lose everything .
      Thanks to U.S. Biden Government ! America willl not get away with its arrogant behaviour to the rest of the world. The world is sick and tired of this mannor.

  • @Peterl4290
    @Peterl4290 5 месяцев назад +205

    I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

    • @larrypaul-cw9nk
      @larrypaul-cw9nk 5 месяцев назад +3

      "Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

    • @Mrshuster
      @Mrshuster 5 месяцев назад +2

      Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

    • @sabastinenoah
      @sabastinenoah 5 месяцев назад +2

      this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @Mrshuster
      @Mrshuster 5 месяцев назад +1

      Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @sabastinenoah
      @sabastinenoah 5 месяцев назад +1

      I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!

  • @shannondavis5728
    @shannondavis5728 9 месяцев назад +42

    I’m 45 years old ,born and raised in Lakeland,Florida.I’ve never seen rents go from $600-$900 per month to $1,400-$2,100 per month ever!….that’s well over 3-5% average!!!!!!!!

    • @nanayoseto9968
      @nanayoseto9968 8 месяцев назад +2

      Thanks! Just found a well below avg apartment, will capitalize on this

    • @mkeen1808
      @mkeen1808 7 месяцев назад

      In Pa, a net loser, 65 miles west of Philly rents have gone up similarly.....

    • @SiłaBiblii
      @SiłaBiblii 6 месяцев назад

      We moved from the Tampa area to Boca Raton 5 years ago. The rent was $1600, now we pay $3000 for the same apartment (2 bed 2,5 bath 1600sqft). We need to renew the lease soon and we can already see the price on our estate's website: $3,526 😱 We have to stay in Boca for one more year because the children have to finish school here... I don't know how we can afford this rent, it's just too much for us... 😢

  • @GeorgeWilliamSinclair
    @GeorgeWilliamSinclair 4 месяца назад +291

    just sold a property in Italy and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

    • @iuordanmatkov261
      @iuordanmatkov261 4 месяца назад

      Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

    • @MarcelMcGowan
      @MarcelMcGowan 4 месяца назад

      Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all I was doing was getting professional advice...

    • @McKnightCutkosky
      @McKnightCutkosky 4 месяца назад

      how can I participate in this? I sincerely aspire to establish a secure financial future and I am eager to participate. who is the driving force behind your success?

    • @MarcelMcGowan
      @MarcelMcGowan 4 месяца назад

      I'd say a little due diligence on "Dianne Sarah Olson" truly exceptional...

    • @MonaghanMLOUISE
      @MonaghanMLOUISE 4 месяца назад

      Thank you for this tip. it was easy to find your coach. Did my due diligence on her before emailing her. She seems proficient considering her résumé..

  • @monkmysterio
    @monkmysterio 9 месяцев назад +14

    Tremendous presentation Mr. McElroy! Unparalleled, engaging teaching! A real professor! A real estate GOD and philosopher! THANK YOU so much for casting your pearls again here. I love you man! I know all these statistics are free elsewhere online, but to be able to put it together into a story is absolutely incredible. You continually spoil us lol

  • @PaulaPatioOfficial
    @PaulaPatioOfficial 7 месяцев назад +8

    WoW! Straight, to the point and no BS inbetween. GREAT reporting!

  • @Dantursi1
    @Dantursi1 7 месяцев назад +176

    I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

    • @Rachadrian
      @Rachadrian 7 месяцев назад +3

      I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.

    • @Jamesbrown1126
      @Jamesbrown1126 7 месяцев назад +2

      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.

    • @CindyValenti
      @CindyValenti 7 месяцев назад +2

      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?

    • @Jamesbrown1126
      @Jamesbrown1126 7 месяцев назад +2

      There are several independent advisors you could research. However, I have been working with “Amber Dawn Brummit” for almost four years, and we get along great. If she appeals to your judgement, you could continue with her. I support her.

    • @SuperLooneyrooney
      @SuperLooneyrooney 6 месяцев назад

      $140k in gold and $140k in silver

  • @joetagliente2811
    @joetagliente2811 9 месяцев назад +19

    Ken, how are you figuring the cost of insurance into your calculations? FL becoming prohibitively expensive.

    • @dougg4633
      @dougg4633 9 месяцев назад +4

      Self insure maybe

    • @wreckim
      @wreckim 8 месяцев назад

      @@dougg4633 Good luck with that.

    • @mkeen1808
      @mkeen1808 7 месяцев назад

      One you tube example said insurance on a nicer middle class home with pool going up to $400 or so . In Pa my older 2200 sq ft home, no pool, insurance is already at $800 with Erie... Can you share more numbers on actual costs of insurance on similar homes in FLorida? Just trying to get the full picture.

  • @hlb0111
    @hlb0111 8 месяцев назад +5

    So I should be able to get a better deal buying in one of the states people are leaving, right?

  • @inquisitivewanderer2536
    @inquisitivewanderer2536 9 месяцев назад +11

    Great info! I appreciate the maps & charts.

  • @ijsellsatl
    @ijsellsatl Месяц назад

    Always bringing the facts and value 👌🏼

  • @susanemig972
    @susanemig972 7 месяцев назад +10

    If I hear pandemic savings one more time, I will scream. The pittance anyone actually received was spent immediately. A buttload of $ went somewhere but not to the American people

  • @scottkidd1969
    @scottkidd1969 8 месяцев назад +9

    Great data, interesting that California has a net loss of migration of 500k people and San Diego is booming. It just goes to show time and time again real estate is local. Due dilligence on the area you are investing is of huge importance. You can upgrade the property but upgrading the area is out of your control. Real estate is local.

    • @landeeld9596
      @landeeld9596 7 месяцев назад +1

      People are leaving San Diego too. We left two years ago.

    • @Lourdes-A.
      @Lourdes-A. 7 месяцев назад

      @@landeeld9596For those that are leaving, they’re being replaced with all the migrants coming through the border.

    • @scottkidd1969
      @scottkidd1969 7 месяцев назад +4

      Yes they are, but the net migration is much lower than other markets in California. Each market has its advantages and disadvantages based on employment and population changes.

  • @jennifer3551
    @jennifer3551 7 месяцев назад +5

    Cant help to noticed that so many of the growth areas are also areas that are supposed to experience increased heat, droughts, flooding, hurricanes, etc

    • @mef6660
      @mef6660 7 месяцев назад

      Climate change alarmists cherry pick shorter time periods that reflect the increases. Look back at least a century or three to note little change in those items. Ask Obama why he isn't worried about his oceanfront properties suffering rising ocean levels.

    • @derekrequiem4359
      @derekrequiem4359 6 месяцев назад +1

      Yep, it's gonna be real interesting to see what happens in the next few decades in the sunbelt states.

  • @agi.kitchen
    @agi.kitchen 7 месяцев назад +1

    Are you including El Paso Texas? Any advice on having a handful of houses at low interest rates , some paid off, in 💩 parts of El Paso?

  • @tessjones5987
    @tessjones5987 7 месяцев назад +2

    Great heads up. Thank you.

  • @cherlgolja5402
    @cherlgolja5402 7 месяцев назад +4

    I live in Northern California, you never know people moving out , traffic is still crazy ! 🤪 love this state we republicans will change this state around time will tell ! Gavin gursom will Go!

  • @vadimtantsyura5231
    @vadimtantsyura5231 9 месяцев назад +10

    What about illegal immigrants? They might be a big part of the equation... do you include those in your considerations? how to estimate "illigals"?

    • @JaykeBlayde
      @JaykeBlayde 7 месяцев назад +4

      moved/moving in to a trailer park near you. 8-10 per trailer. not joking

    • @williamtiffee3799
      @williamtiffee3799 7 месяцев назад

      I was looking for the "elephant in the space" comment! He completely overlooked the influx of (5- 10x as many) MILLIONS that just crossed the border... to replace the recently, "expired..." and "better paid" workers, x several million. (And you won't likely find, the relevant 'data,' even on the '2030, census?!') Perhaps half of those markets will be 'flatling' (like Phoenix...) within a few months? And then there's the anti- REI legalese, in California. The time to BUY is AFTER the present to forthcoming 20- 60% plus devaluations (for SFRs, etc.) unless you're a syndicator!

  • @russcollar5353
    @russcollar5353 8 месяцев назад +3

    Have you considered expanding your analysis to include Mexico? Some markets here are way better than most any US real estate situations.

    • @mef6660
      @mef6660 7 месяцев назад +1

      Which Mexican market has less crime than the worst US market?

    • @ALynnGant
      @ALynnGant 7 месяцев назад

      You haven't come here. Mexico City good neighborhoods are VERY safe.
      @@mef6660

  • @Republicanmouse
    @Republicanmouse 7 месяцев назад +14

    The list of growing cities is definitely a “do not move there” list for me. Case in point, you list Portland. That city is about to implode.

    • @opchick0597
      @opchick0597 7 месяцев назад +1

      Yes, Portland is a cesspool right now.

    • @mj8495
      @mj8495 6 месяцев назад +2

      Portland Maine is very nice 😊

  • @Lukas-rw7ok
    @Lukas-rw7ok 7 месяцев назад +12

    Never buy rentals in blue states

    • @10317
      @10317 6 месяцев назад +2

      Oregon is a blue state and I have done very well with my investments.

    • @Lukas-rw7ok
      @Lukas-rw7ok 6 месяцев назад +1

      @@10317 of course there are exceptions , in blue states however if you had a squatter, it can be disastrous. This wouldn’t happen in a red state.

    • @10317
      @10317 6 месяцев назад

      @@Lukas-rw7ok agreed. We have a real homeless problem. Unbelievable!
      And because of the homeless camps scattered all over town I keep an eye on all of my rental units.

    • @Lukas-rw7ok
      @Lukas-rw7ok 6 месяцев назад

      @@10317 that’s good 👏🏼. Let’s hope they stay away from them.

    • @OneLeggedTarantula
      @OneLeggedTarantula 4 месяца назад +1

      never step foot in Blue states.

  • @babyboomerjanet
    @babyboomerjanet 7 месяцев назад +2

    Very interesting Ken! I'm in Seattle, it was just voted in to Re-Fund the police which will hopefully help the crime stats a lot. I'm guessing that you might be watching the older SFR real estate with larger lots go on the market (babyboomers' parents) and then build multi-family housing on those lots. I've noticed many larger lots are adding entire units in their backyards as well as complete tear downs and build side by side townhomes (Laurelhurst/Bryant).

  • @neerajchaudhary1821
    @neerajchaudhary1821 6 месяцев назад

    Ken your material is top-notch

  • @johnsonch7292
    @johnsonch7292 8 месяцев назад +4

    What happen to Miami, Austin and Tampa not on the list?

  • @kerrybaird739
    @kerrybaird739 7 месяцев назад +1

    Florida is at the top of in-market shifts according to UHaul, is business friendly. No MSA is Florida catch your eye @kenny?

  • @cmockingjay7265
    @cmockingjay7265 7 месяцев назад +2

    Be careful with seattle. My best friend works for 911 dispatch in seattle and crime is TERRIBLE there still!

    • @weavrmom
      @weavrmom 4 месяца назад

      Yes, please everyone stay away from Seattle! It's a bombed-out war zone, nothing grows, we eat rats to survive, and live in rubble! Don't even think of moving here, please! 🤣

  • @LeNguyen-im8dm
    @LeNguyen-im8dm 6 месяцев назад

    Ken is the best.

  • @troyb.4101
    @troyb.4101 6 месяцев назад

    Arizona is in the top six, that is insane. Too many moving here. We do have easy transportation here, only Phoenix and Tucson at rush hours are an issue. If you don't live in those two places, average speed on our HWY system is like 62 MPH. Easy to travel here. Property taxes are low. We many have to regulate greedy insurance companies here. Property insurance is rising to fast.

  • @tedrick4713
    @tedrick4713 7 месяцев назад

    Good stuff. Thanks

  • @joelsandler1119
    @joelsandler1119 6 месяцев назад

    I'm leaving Florida for South Carolina. I'm moving to a place with great scenery and a big cost of living savings. It's win/win situation for me.

    • @joelsandler1119
      @joelsandler1119 6 месяцев назад

      @@MaryGwenDungan I love the Greenville, SC metro area. That will be where I retire soon.

  • @Techpodshed
    @Techpodshed 9 месяцев назад +3

    Are you crazy all them storms and that snow 😅😮

  • @jonrussell739
    @jonrussell739 9 месяцев назад +7

    You shared your top 10 cities you're watching. None of them are in Florida. Why is that? Florida has been 1 or 2 in migration for a long time now.

    • @deepblue523fl
      @deepblue523fl 9 месяцев назад +10

      IMO Very expensive compared to incomes. Insurance costs rising very rapidly. May affect prices. Florida was a lot cheaper even 2 years ago

    • @TeddieBiggie
      @TeddieBiggie 9 месяцев назад +1

      Keeping Florida for MC companies

    • @TeddieBiggie
      @TeddieBiggie 9 месяцев назад

      Or just the insurance...

    • @02nupe
      @02nupe 9 месяцев назад

      @@deepblue523fl 🎯

    • @TubeBoobforyou
      @TubeBoobforyou 9 месяцев назад

      @@deepblue523fl Depends where, in middle Florida insurance is cheap 1k/year. Home prices also in the 200s for some nice areas for a 3/2 SFR...

  • @EPLrealty
    @EPLrealty 9 месяцев назад +2

    Ken you are one of the best. I watch you all the time.

  • @vsay2354
    @vsay2354 7 месяцев назад

    THANKS, BEST ANALYSIS!

  • @YourTrendingTopics
    @YourTrendingTopics 9 месяцев назад +1

    Great information. Thank you

  • @micheltremblay-m2y
    @micheltremblay-m2y 8 месяцев назад +6

    in 2024 Middle Class People can't afford houses anymore..!!!...THEY BUY TRAILERS..!!!!!!

    • @IndigoStarrAz
      @IndigoStarrAz 7 месяцев назад +2

      Make sure you own the land

    • @loisaustin6200
      @loisaustin6200 7 месяцев назад +2

      Even trailers are not all that "cheap" anymore. Finding an affordable place/park /piece of land to put that trailer ain't "cheap" anymore either.

  • @michaeltighe29
    @michaeltighe29 9 месяцев назад +6

    Hey Ken! Thanks for the insightful video. Despite negative net migration in California, you have San Diego on your top list. What is it you are seeing with San Diego?

    • @Tyiion
      @Tyiion 9 месяцев назад +5

      Historically, SD is a great place to move to if you can afford it. Look at the businesses that flock to San Diego. Everyone loves San Diego. It is a smaller tech hub. But not as expensive as SF.

    • @michaeltighe29
      @michaeltighe29 9 месяцев назад +1

      @@Tyiion Appreciate it! We love it here too and we are developing as much apartment housing as we can in 2024.

    • @farmerboy8659
      @farmerboy8659 7 месяцев назад +1

      New arrivals have more children and will see spike in population . Mexico is taking Calif. one baby at a time . But Calif. will not join Mexico but become its own hybrid country . The Chinese may become a major factor , too .

    • @Tyiion
      @Tyiion 7 месяцев назад +3

      @@farmerboy8659 I hate to break it to you but the U.S. does not become a different country whenever new people arrive. We didn’t become a new country when the Germans, or the Irish, or the Italians, or the Polish, or the Africans, or the Latinos, or the Asians arrived, but with each new wave, people raised a fuss for no reason.

    • @farmerboy8659
      @farmerboy8659 7 месяцев назад +2

      Well , they claim so goes Calif. goes the rest of U. S. So lets compare Calif. in 1970 to the newer Calif. of today . I am not saying better but different . 20th century is somewhat different with Birth Control and Abortion . So over the last 200 years the U. S. was dominated by European Folks . I don't care too much for my days are number and have no grand children . It is sad in the direction the whole world is going . The Golden Rule I think help this country long ago . Good luck to the next generation . J. C. beam me up , for the world has gone crazy .@@Tyiion

  • @josephjamison183
    @josephjamison183 7 месяцев назад

    Its missing a huge growth market, tri cities WA. Housing Boom currently, 237 Annual Sunny days which is very complementary to the 150 days in Seattle. The climate is ideal and not too humid like the Southeast. Electricity is the cheapest of anywhere, huge high tech growth industries moving in, unlimited water from both the Columbia and snake rivers, yet we enjoy a dry climate

  • @anniealexander9616
    @anniealexander9616 9 месяцев назад +1

    Great information!

  • @Slide61
    @Slide61 9 месяцев назад +1

    As the wet bulb temp keeps creeping up places to buy probably won't align with current predictions.

  • @porcine83
    @porcine83 6 месяцев назад

    That United Van lines list seems suspect. Vermont, DC, Rh Island and West Virginia? Besides being counter intuitive they are all very small.

  • @gastUCR
    @gastUCR 9 месяцев назад +7

    A few cat 5 hurricanes might change the the sunbelt migration wave.

    • @williamtiffee3799
      @williamtiffee3799 7 месяцев назад +2

      Along with the 'timed' cancellations, of insurance, and tax increases, etc. ;-)

  • @sreymomroeun8568
    @sreymomroeun8568 9 месяцев назад

    Love to listen to podcasts.

  • @dhowto3005
    @dhowto3005 9 месяцев назад +1

    Thanks

  • @steinravnik8692
    @steinravnik8692 9 месяцев назад

    Thanks, good info.

  • @Dave-zl2ky
    @Dave-zl2ky 7 месяцев назад

    You can add central and northern New England to that mix.

  • @JamesG1126
    @JamesG1126 9 месяцев назад +38

    Millions of Airbnb's coming back to market, forced Boomer estate sales, record unaffordable housing costs, job losses accelerating. It's bend over time in real estate.

    • @soundsnags2001
      @soundsnags2001 9 месяцев назад +11

      Ha, keep dreaming for it.
      "I'm gonna buy so low. Those RE hogs are finally gonna get theirs!"

    • @AteamerHFF
      @AteamerHFF 9 месяцев назад +3

      @@soundsnags2001Sounds like you got a lot to lose!!! LOL
      I agree James… Bend over SoundsSnag!!

    • @AK-rza
      @AK-rza 9 месяцев назад +9

      Millions based on what? Have any facts to back that up?
      So many markets have been rising without issue. Just consistent gains. Too many people focus on the big outliers and not the majority of the market.
      Boomers are aging in place more with the costs of nursing homes being $5-10k a month. Also some days showing they aren't downsizing as anticipated.
      Job market is still strong.
      Can the market decline? Of course. Is there an obvious black swan in the room... Not even close. Recessions are caused by the things we don't predict or anticipate. It could happen but it won't be the pimped narrative mainstream media has been feeding you if it does

    • @Ultrajamz
      @Ultrajamz 9 месяцев назад +1

      And new construction coming back after recovering from covid / lumber issues

    • @Ultrajamz
      @Ultrajamz 9 месяцев назад

      @@soundsnags2001rent at a low relative to buying, easy to wait.

  • @Kevinttvv
    @Kevinttvv Месяц назад

    East pa and nw nj I’m looking at.

  • @matth7471
    @matth7471 9 месяцев назад

    Thanks for sharing! Anyone have insight on Miami? also looking for a commercial agent

  • @realestateusadominicanrep
    @realestateusadominicanrep 9 месяцев назад +1

    Growth seems to matter more for appreciation and not so much for cash flow

  • @earnthis1
    @earnthis1 8 месяцев назад +3

    Jack up interest rates for big investors like this guy to 14 - 15% and drop them to 2 % for first time buyers on 1 home.

  • @rsasllc-houseflipping6917
    @rsasllc-houseflipping6917 9 месяцев назад +4

    Stop telling people to invest in my area! Lol.

  • @geoffreyhigginson5290
    @geoffreyhigginson5290 9 месяцев назад +4

    Try putting money into a company that provides services for people. Greasy taking homes from people and charging outrageous rental prices

  • @asabrown1193
    @asabrown1193 9 месяцев назад +3

    I wonder if migration from another country and people relocating to be with family members has a significant impact on the smile region. Also those regions proxcimics.

    • @zhinan888
      @zhinan888 9 месяцев назад

      I think that's helping Boston

    • @TubeBoobforyou
      @TubeBoobforyou 9 месяцев назад +1

      I see that more as a density issue not necessarily an influx of new buyers. Also, If we get the right POTUS in 2024 a lot of these people will be going home.

    • @shirleyy2711
      @shirleyy2711 9 месяцев назад

      @@TubeBoobforyou Great...just when a trickle of people (~500K) left CA, they'll be returning again. No mass exodus as lots of RUclipsrs claimed to be happening.

    • @TubeBoobforyou
      @TubeBoobforyou 9 месяцев назад

      @@shirleyy2711 I think it will be near impossible for any middle class family to live-in CA at the rate things are progressing radically left coupled with the cost of living...

    • @lyleburlingame2276
      @lyleburlingame2276 9 месяцев назад

      Oh absolutely it does.

  • @nyrangers3150
    @nyrangers3150 9 месяцев назад +1

    Thanks Ken! Invaluable info here...

  • @ariana5819
    @ariana5819 9 месяцев назад +2

    Interesting so no uhaul going out of Cali and everyone moving out of Florida!

  • @zhinan888
    @zhinan888 9 месяцев назад +11

    Another factor that is in my consideration is climate change. Would Phoenix have enough water going forward? I love Arizona but water shortage is a very serious issue. Would there be more extreme weather in Florida and Texas? No one knows.

    • @TubeBoobforyou
      @TubeBoobforyou 9 месяцев назад

      "Manmade Global Warming" is a complete fairy tale. Natural climate change has been happening for hundreds of millions of years. Water could be an issue simply due to supply/demand concerns but they can always pump it from somewhere else if need be for a premium...

    • @KingFergus
      @KingFergus 9 месяцев назад

      Climate change? Arizona has been a desert for a few million years dude, the water shortage is caused by development not the climate

    • @wanderingdoc5075
      @wanderingdoc5075 9 месяцев назад +5

      We've been hearing about water shortages and water running out in las vegas and phoenix since 1980. Still waiting..

    • @KingFergus
      @KingFergus 9 месяцев назад +4

      @@wanderingdoc5075 they over populate a desert and wonder why the water supply isn't great...

    • @CarlAyers-x8h
      @CarlAyers-x8h 9 месяцев назад +1

      There is no water shortage they want you to think that. This planet has always had climate change. That's nothing new. The only thing new is you and your phone and you're Lied to opinions.
      Don't believe everything you read. And only maybe half of what you see and hear. Age 66.

  • @jaychou5135
    @jaychou5135 9 месяцев назад +2

    No Las Vegas?

  • @Joe-dw1dy
    @Joe-dw1dy 9 месяцев назад +4

    Do you account for illegal immigration into your figures. These people do impact cities in towns one way or the other.

    • @jareds5249
      @jareds5249 9 месяцев назад +1

      Illegals aren't going to answer census questionaires, so they're not going to be on these charts. But you can bet that Ken is estimating for them in many cities. They get jobs eventually and have to live somewhere. Therefore, landlords are needed and are very excited to take their stacks of $100 greenbacks.

  • @John-kc7wo
    @John-kc7wo 9 месяцев назад +5

    I disagree about the phoenix area, what you do not take into consideration is the affordability rate. Phoenix is in big trouble and only a matter of time before the market crashes. Also living there in the summer months, you can't walk your dog without dog shoes, steering wheel melts if you leave your car in the sun, kids are stuck in doors. Once people get a taste of a HOT summer they tend to move! just saying I witnessed this first hand!

    • @ishantrao1795
      @ishantrao1795 9 месяцев назад

      Brown skinned folks love Phoenix, only the causasions move out of PHX

    • @77Tadams
      @77Tadams 7 месяцев назад +2

      Phoenix is growing in Tech and Warehouse hubs. The truth is people who are young and with families are moving here because of the jobs. There are also hospitals, clinics, and lifestyle villages that the elderly are utilizing. As much as I hate Phoenix, it is growing due to all these things. I want to move away from Phoenix area with a passion. I live on the outskirts of Phoenix on the West side. It is growing out and almost touching me now. It is a growing sprawl.

    • @loisaustin6200
      @loisaustin6200 7 месяцев назад

      I have lived in quite a few different states and have always thought that Phoenix, AZ is the hottest place on this earth. Hated living there.

  • @aprilmcnally4316
    @aprilmcnally4316 6 месяцев назад +1

    Staying NY❤

  • @weavrmom
    @weavrmom 4 месяца назад

    Well this didn't age well! Real estate is extremely local, and random investor $$$ chasing out-of-town profits artificially inflates property values, imho. That's fine when all the boats are afloat, but now the tide is going out in about half those listed areas. Where will be next? lol Not arguing with the excellent information and statistics, which are highly interesting and informative. Appreciate your work!

  • @NightmareRex6
    @NightmareRex6 7 месяцев назад +1

    its rediculas..... im considered "poor" but i guess im now "rich" just becuase own small amount of land and old house house thats peing danmaged and repaired SLOWLY...... guess housing IRL is partyhats of the real world.

  • @lapeyrerealty342
    @lapeyrerealty342 7 месяцев назад +1

    Florida should be 1 choice everyone is coming here to live Miami Tampa Orlando

  • @JuanSanchez-tk4vr
    @JuanSanchez-tk4vr 8 месяцев назад +1

    What about florida?

  • @jkbc
    @jkbc 9 месяцев назад

    That was a BIG SMILE market

  • @aboundrealtygroup2004
    @aboundrealtygroup2004 8 месяцев назад +1

    Why is Florida not on your list?

    • @TheAllison3331
      @TheAllison3331 7 месяцев назад +1

      Florida is facing a crisis right now. Florida has the highest homeowners insurance rates across the board. Retirees on fixed incomes can not afford a 50% increase on HOA /CONDO FEES. A lot of people will be selling, especially the ones who bought back in the 80s or 90s when condo fees were less than 100 bucks. Now fees have gone up, way up! How many people do you know can afford paying for what rent costs in some cities each month on a paid for condo or house. It ain't happening! Do the research. You will find out there is a huge looming issue.

  • @darryltognarelli6769
    @darryltognarelli6769 9 месяцев назад

    Wow I thought Nevada would in the top ten! Northern Nevada is expanding, but I want to move out of Washoe County

    • @steventeter3332
      @steventeter3332 9 месяцев назад +1

      There's gold in them their Hills Elko area with the gold deposits never suffers economically when the economy tanking gold prices rise

  • @seriouslyyoujest1771
    @seriouslyyoujest1771 7 месяцев назад

    Love Michigan. Two of five siblings live there.

  • @EP10051
    @EP10051 16 дней назад

    San Diego affordable??? Good weather yes.

  • @drdawnprecious
    @drdawnprecious 4 месяца назад

    Wise

  • @cuz_i_sedso9574
    @cuz_i_sedso9574 7 месяцев назад +1

    Florida had 15m in 2000. Given rise in taxes and insurance. that growth will shift to TN and other states. TN will grow 50% in the next 10 years passing Mich and Ohio as those retirees and non-woke move south.

  • @craigslistrro709
    @craigslistrro709 7 месяцев назад +2

    The open southern border and the millions here dont even register on his radar...

  • @Amite-zg2ob
    @Amite-zg2ob 6 месяцев назад +1

    Why don't u just come out and say it. White Flight / Integration has been the driving fact of development and construction since the 70s.
    And the cherry on top is good public schools and a feeling of safety and community.
    Then come status chit

  • @stevenap4594
    @stevenap4594 9 месяцев назад +3

    I can guarantee with certainty if you invest into any of these markets in 2024 you will lose money.

  • @skylark391
    @skylark391 8 месяцев назад +2

    California prices going to continue to rise, despite of everything I heard on RUclips!? Good to know.

    • @williamtiffee3799
      @williamtiffee3799 7 месяцев назад

      LOL. Ya, right! This list, is amusing. (Hint: It's at about "2008- 9" on the 'predictable' graph, again... Re- read Crashproof 2.0, circa 2009. These feds and the FED to City of London, WB, IMF, ECB and BI$, etc. aren't very "creative..." They pull the SAME cyclically "rigged game" schemes, with a different scapegoat... every 7- 14 year cycle, the past several decades. (i.e. Expect a 20- 60% plus 'devaluation' in most of Cali, just like the last crime! Or worse? And in Phoenix, LV, etc. Same' ole, same!) I also don't think they looked at Reventure app, to the ALIEN invasion.... to landing, maps?!

  • @lorinlafoe3930
    @lorinlafoe3930 7 месяцев назад +1

    Was there content here? Or just a bunch of adds?

    • @williamtiffee3799
      @williamtiffee3799 7 месяцев назад

      Debatable? Not enough data here, and those "Top 10" are a "no go..." in the foreseeable future, for most types of REI. (Particularly since the "bigger than 2007- 14 market correction- wealth transfer..." is just getting started!) That said, half of those soon to be and already 'flat- lining' markets, are "on my radar for creative terms," ONLY solutions! (i.e. No banks, no NAR, no: "guaranteeing debt!" I'm DONE... with clearly bank/ gov. rigged, b.s. That bubble 're- inflation' gameplay was 'redundant,' by 2008... Hell, more like 1990- '91, or 1980!! It's was succinctly 'outlined' and summarized in Crashproof 1 and 2.0, before the last crash... And 'inflation' was baked into the cake, LONG... before! (i.e. Since 1913, in particular. But this goes all the way back to every 'staged' war, depression, etc. they've intentionally, induced...)

  • @miketracy9256
    @miketracy9256 9 месяцев назад +8

    Higher income residents will also move from the high income, sales, and property tax Socialist states to lower or no income tax states.
    That means the Democrat-run states will need to increase taxes even more on the working residents in order
    to pay even more welfare to those who do not work.

  • @weewee9464
    @weewee9464 9 месяцев назад +4

    So no crash?

    • @AK-rza
      @AK-rza 9 месяцев назад

      What would be that cause

    • @weewee9464
      @weewee9464 9 месяцев назад

      @@AK-rza right

  • @daveandpaige6471
    @daveandpaige6471 7 месяцев назад +3

    You forgot 11 million illegals.

    • @rem1762
      @rem1762 7 месяцев назад +1

      11 million illegals? Where'd you come up with that number?
      Maybe only in Los Angeles.
      I'd guess over 100 million.

  • @Mark-nx7mr
    @Mark-nx7mr 7 месяцев назад +1

    Why don't you buy and quit playing on youtube if it's so easy?

  • @AbramsGunner
    @AbramsGunner 8 месяцев назад +2

    Alabama is full, stay home.

  • @mikehocking4836
    @mikehocking4836 7 месяцев назад +2

    All the californians are moving to Idaho it's like the plague it's IdaFornia now my opinion😮

    • @lindaallen3716
      @lindaallen3716 7 месяцев назад

      Texas is taking in so many Californians it is literally turning purple 😢

  • @gen.barnakey__
    @gen.barnakey__ 7 месяцев назад +3

    How about the several million illegals, where did they go?

    • @loisaustin6200
      @loisaustin6200 7 месяцев назад +1

      They went here, there, and everywhere.

  • @1.culturechanger
    @1.culturechanger 7 месяцев назад

    Your Missing GA they are building homes here like crazy I think data is subjective?

  • @tomsmith4066
    @tomsmith4066 7 месяцев назад +2

    Gods speed back president Trump

  • @anniegeturgun3564
    @anniegeturgun3564 7 месяцев назад +2

    People are definitely moving by POLITICAL PARTY- Gerrymandering States!

  • @briankuhns5623
    @briankuhns5623 7 месяцев назад +1

    kick hedge funds out of single family

  • @CarlAyers-x8h
    @CarlAyers-x8h 9 месяцев назад

    What is dollar sign $ 3 billion?
    Is that how you talk?

  • @zhenshan456
    @zhenshan456 9 месяцев назад

    organic stuff Ken

  • @soullessdevice
    @soullessdevice 9 месяцев назад +1

    California is declining because the policy is that terrible. I have many in laws that wish they could leave.

  • @paulbrungardt9823
    @paulbrungardt9823 6 месяцев назад +1

    An interesting dynamic in Utah-- People move in and move back out within 5 years. Non Mormons find the native Utah population to be backbiting and not what they present themselves to be. You have been warned.

    • @10317
      @10317 6 месяцев назад +1

      Oh that’s funny.
      I was born and raised in Utah. And if you’re not mormon you are not accepted.
      I totally agree with you.

  • @AK-rza
    @AK-rza 9 месяцев назад +1

    The opening eight reasons are exactly why real estate can't get any cheaper to build new homes. Century homes are extremely outdated and becoming unsafe due to their construction practices

  • @zhinan888
    @zhinan888 9 месяцев назад +1

    Why Boston? I agree but I am very curious. My reasoning: Boston is really really bad in terms of cost and regulations and "good old boys" network. One thing that help Boston is the intellectual capital: biotechnology, medicine, and education. Globalization is helping Boston.

    • @copiouscat
      @copiouscat 9 месяцев назад +1

      Yeah I said the same thing when my mother that’s a Nurse moved to Boston and bought a home out here and Boston has a Robust health network and overall a solid place, biggest set back tbh is just the winter weather sadly. My mother raised me in Florida and I refuse to trade in that sun belt 😂

    • @zhinan888
      @zhinan888 9 месяцев назад +1

      @@copiouscat I spent a few years at Phoenix Arizona. And I agree with you.

    • @jimchou1637
      @jimchou1637 6 месяцев назад

      Very hard to evict people in Boston

  • @opchick0597
    @opchick0597 7 месяцев назад +1

    Are you adding in all the illegal aliens and where they are being re-located? I'm not trying to be political but the numbers are now well into the millions and will have a direct impact in housing, food etc

  • @eprofessio
    @eprofessio 5 месяцев назад

    I understand the water mark. Come on man.

  • @grownupgaming
    @grownupgaming 9 месяцев назад +1

    why is san diego in the top ten? not saying it shouldnt be, just wondering why.

    • @commonabond
      @commonabond 9 месяцев назад +1

      It's next to the border