Why is the real estate market have a shortage of houses outside of California when california has 3 times more new listings than pending listings for the past three months?
What concerns me about the Good Lady’s info, is that this is exactly what we are, right before a real estate bubble bursting that starts a serious recession.
@@AKAAAKthese things take time. Home prices were record highs in 2002-2005 and then 6 years later the bubble popped. We are currently in year 4 of the bubble. We still have a few more years until it pops but when it finally does…. It’ll be extraordinary. Not only did buyers buy overpriced homes this time around but they also bought overpriced vehicles. And with all of the business closures lately they might loose their job also.
You might be able to get a good price, but it will take longer to sell. Also, what would be the reason fed lowers rates? It will be due to weakness in the labor market.
With illegals flooding the market, suppressing wages while US citizens get fired (Tyson Foods, 42K layoffs) not to mention being flown to other states to turn them into California clones no worries there. In fact I predict an interest rate hike coming either summer or early fall. Can't wait to see April's CPI report.
sorry, and I like Barbara, but she's dead wrong. the people that need housing can't afford ANY house at ANY price. The immigrants are dirt poor or were released from Central American prisons. They ALL fall below the Marginot line. Interest rates are NOT the issue. We paid double that rate a couple decades ago. The issue is single men choosing to stay single and stay at home well into their mid 30s. The issue is too many middle class people own multiple homes and are leveraged. The issue is the last boomer turns 65 in 2030. They are starting to die and 90% of inhereited houses are quickly liquidated and sold at discount. The snowball is going to last for 15 to 20 years or until the boomers are no longer the mass of the population.
She knows a lot more than you about real estate. You can't predict a real estate crash based on your emotions. The data points to prices going up. Real estate is mostly supply and demand. The supply is low and the demand is high right now, and nobody has a near term solution to the lack of supply.
@@macbr9 if you think this is 2022 still you need to do some more research price tag hasnt increase 1000 dollars since 2022 in a handful of states they only drop 20,000 50,000 120,000 dollars
The shortage is because rich institutional investors keep buying wholesale reel estates driving the demand and prices up! Unprecedented corruption will lead to severe consequences ....
I really think this is incorrect. Tl;dr look at the chart of total credit card debt in America. People don't have the credit score they did in 2020. If housing purchases go up from here it'll cause a surge in Subprimes again
Investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good?
the government needs to push home builders to build more.
depends on what state, but the builders have been building a lot more.
i like that she's telling the truth. Props
More and more reasons to build your house custom.
Outside the large cities, Houses in America are cheap compared to most of Britain.
No they're not
@@abramsrob 100% they are. you can get a villa with pool in florida for less than 300k. that wouldn’t be possible in the UK
stop corporate bullies buying up all the track. no investor involvement is a fair cheance for everyone.
Why is the real estate market have a shortage of houses outside of California when california has 3 times more new listings than pending listings for the past three months?
just because there are listing doesn't mean there affordable
The hom absorbancy ratio is low. It’s less than 33% empiracally in california. I don’t know where else they are looking.
The only thing that really matters is California real estate because that is what the stock market depends on
And her graph on the US Consensus on houses for sale does not include statistics on how many of those homes sold
I would post graphs of the whole california market if youtube allowed attachments
If interest rate cut, demand increase. If interest rate hike, supply decrease. So interest rate doesn't real matter, lol!
People need to stop buying homes! Our greed is driving the inflation of the roof ...
What concerns me about the Good Lady’s info, is that this is exactly what we are, right before a
real estate bubble bursting that starts a serious recession.
And they been talking about this since the buying frenzy in 2021.......ain't going to happen if it hasn't happened yet.
@@AKAAAKthese things take time. Home prices were record highs in 2002-2005 and then 6 years later the bubble popped. We are currently in year 4 of the bubble. We still have a few more years until it pops but when it finally does…. It’ll be extraordinary. Not only did buyers buy overpriced homes this time around but they also bought overpriced vehicles. And with all of the business closures lately they might loose their job also.
@@AKAAAK , Yep. Now is the best time to buy a home
You might be able to get a good price, but it will take longer to sell. Also, what would be the reason fed lowers rates? It will be due to weakness in the labor market.
With illegals flooding the market, suppressing wages while US citizens get fired (Tyson Foods, 42K layoffs) not to mention being flown to other states to turn them into California clones no worries there. In fact I predict an interest rate hike coming either summer or early fall. Can't wait to see April's CPI report.
sorry, and I like Barbara, but she's dead wrong.
the people that need housing can't afford ANY house at ANY price.
The immigrants are dirt poor or were released from Central American prisons. They ALL fall below the Marginot line.
Interest rates are NOT the issue. We paid double that rate a couple decades ago.
The issue is single men choosing to stay single and stay at home well into their mid 30s. The issue is too many middle class people own multiple homes and are leveraged. The issue is the last boomer turns 65 in 2030. They are starting to die and 90% of inhereited houses are quickly liquidated and sold at discount. The snowball is going to last for 15 to 20 years or until the boomers are no longer the mass of the population.
I’m sick of Barbara saying this. Prices are already insanely overpriced. How can prices shoot up even more ? I think she’s just selling a narrative.
Because there is no supply
REAL ESTATE IS A RACKET! NAR IS CORUPT AND THE ENTIRE INDUSTRY IS FULL OF COLLUSION! Open your eyes people
You mean to say single family homes are insanely overpriced currently???? I call BS 😊
Who TF is paying her to repeat this narrative?
National Association of Realtors
save the video. its going to bite her from behind.
She knows a lot more than you about real estate. You can't predict a real estate crash based on your emotions. The data points to prices going up. Real estate is mostly supply and demand. The supply is low and the demand is high right now, and nobody has a near term solution to the lack of supply.
@@macbr9 if you think this is 2022 still you need to do some more research price tag hasnt increase 1000 dollars since 2022 in a handful of states they only drop 20,000 50,000 120,000 dollars
@@brianoleson9224? Noe is still the best time to buy. No matter in a recession or not. Houses keep going up.
Lol this lady thinks theres no supply.
there is an undersupply compared to the growing population. She knows more about this topic than you and she's right about it.
have you recently bought a house?@@macbr9
The shortage is because rich institutional investors keep buying wholesale reel estates driving the demand and prices up! Unprecedented corruption will lead to severe consequences ....
I think she is full of pizza 😂
Rent is through the roof. Better of owning if you can pay in full!
I really think this is incorrect. Tl;dr look at the chart of total credit card debt in America. People don't have the credit score they did in 2020. If housing purchases go up from here it'll cause a surge in Subprimes again
Lmao she’s so biased. If prices go through the roof. Then prepare for higher interest rates
Investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good?
I have been making a lot profit through real estate which has been the main source of my income.