Zillow Changes Their Mind Again!
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- Опубликовано: 3 фев 2024
- Once again, Zillow has changed its mind and just issued a huge revision to its 2024 Home Price Forecast. And if you’re thinking they changed it to home prices going down even more than their previous forecast which called for US home prices to fall .1% between Oct 2023 and Oct 2024, you would be wrong. We’ll also take a look at Corelogic’s latest home price forecast as well and see which states they think are at the most risk of home price decline.
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Dropping .1% isn’t gonna make a lick up difference when the markets 30% minimum over inflated
I'm not really going to listen to a company that make money off the housing market. It would be against their interests to say prices are going to drop. They'll always predict it's going up. I'd bet money they said the same thing right before the crash in 2008.
They are chereliters, if Zillow was that accurate in there prediction why they lost 800 millions in real estate flipping
Wages forecast next.
No one’s going to laugh at her using a picture from Saint Petersburg Russia instead of St Petersburg Florida?
Unfortunately I’m out of the country and didn’t edit this video. So if that’s true, my apologies
Caryn seems it all comes back to supply and demand. If persons want to buy a house and their present location is too expensive then maybe they have to move to a more “affordable” location. “All real estate is local.”
Agree!
@@CarynGardinerThey need to make.
Houses housing affordable for us for people. That's on SSI and social security and Disability
We need housing too All people that's all all people that are disable. Do not live with their families.
They have to think about us too.
Pretending that 4.8% home price appreciation is normal and to be expected is laughable.
It’s not really possible for interest rates to drop going forward like they did since 1987. Less reduction of rates, less increase in prices. I can’t imagine home prices having much of a chance of outpacing inflation over the next five or ten or twenty five years
Can I get your honest opinion? I'm living in Los Angeles, got a job offer in Rockville, but I'm not sure about moving there. I've settled down in LA, made friends, and being from Europe, I've found my people here. Wondering if there's anywhere in DC, MD, or VA that matches the lifestyle like LA or Europe? Thanks for your help!!
I lived in LA for 9 years, Paris for 5 1/2 and Rockville/Potomac for the rest. Happy to chat about it all. Email me directly at caryn01@gmail.com
-0.1 to 3.7 shows even the people with all the data are also very inaccurate
It has been a roller coaster!
Does anyone pay attention to the disconnect between asset prices and incomes? Look at the Case Schiller index! There are simply not the incomes to support current prices over time. There is no one to buy these houses, and major layoffs are a harbinger of more to come regardless of the statistics reported by the Department of Labor, in which I have far less confidence than in the past.
One wonders what motives Zillow has in making such projections. Do they really believe themselves, or is it political?
😀 *promosm*
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