I'm liking the new style content Kev! 😎 Following from Perth, Western Australia! Much love to you and your followers! House prices here are stupid high too!
I follow real estate a lot and this was extremely informative in a simple layout. This is why I love Kevin. I look forward to more real estate videos if that’s where this is going
It feels like 2006! I have a friend who is going on vacation once a month. Two trips out of the country to a beach resort this year. December was a week at Disney. I'm excited to see where she goes in March. I have a set of tenants who own 3 Harley Davidson motorcycles. They go to bike week in multiple states each year. I have a friend who, cashed $100k out of his retirement and upgraded into a nicer home. He did some remodeling, and purchased a brand new truck. He eats out at restaurants twice a day even though his mortgage has doubled. He is also treating the "less fortunate " to dinners out multiple times every weekend. I'm completely debt free including no mortgage. I worked 58 hours last week and have rental income. I'm still trying to figure out how these people can afford all these luxuries. I've priced hotels in hopes of taking a long weekend. I quickly changed my mind and decided to visit friends who live near vacationing areas or own lake homes. The music will stop and this won't end well. I can't be the only person shopping at TARGET saying Dayum these prices are high. I can't be the only person who is glad to work overtime to pay the heating bill. I can't be the only person who choose to cook after a long day at work because restaurants are so expensive.
If gas prices rose to $10 a gallon would people stop buying it? If homes go up, would everyone live in a tinfoil tent? No, they would stop with the harleys and vacations… a home is a necessity. And unfortunately a commodity.
Funny because I call those folks cartels because it seems I’m the only one killing my self working and saving while these folks out here are dropping literally 200-300k over asking for homes that are literally crack houses
I saw the "real meet Kevin"a few weeks ago when he show his true colors bailing on his followers misleading them in the stock market for soo long, makes me sick of my stomach
When can us 1st time buyers get in the game? This is depressing to 90 % of us with regular paying jobs who don't have 100k sitting around. There used to be the option to rent an apartment and save for a couple years... now 2 br are $2400
You dont buy now. This has to atleast normalize. Get a home with roomates or if you have a significant other split bills down the middle..."survive" until this shift happens.
In markets like Vegas, the hedge funds are driving up the market, plus there is a flood of new homes entering the market soon. It might be the best example of volatility in real estate. When the avg household income is 56k and homes are selling for 500K, with 20-40k over asking, one has to wonder how it all ends 😅
I took forbearance for 6 months, paid all my post-divorce debt, refinanced at a lower rate/lower payment and FINALLY got my ex off my loan! WIN WIN WIN!
Kevin you’re the man you admire me a lot I learn so many things good stuff from you. Please we need you market live stream open and market close live stream back 🥰
As an engineer making 300k a year in the pacific northwest. I cannot buy a house thats worth it around here. 1.6 million dollars for a shack. If prices keep going up, I will be priced out forever.
Price vs wage is my concern. Also talking with prospective buyers banks are not wanting to loan money with 20% down. Eventually inflation and interest rate hikes will hurt.
also as an options trader that play both sides I will warn you all who will listen: long term shorts across the market are already priced in with higher premiums than their long counterparts for the same expiration dates concerning ETF's that follow the S&P, DOW, Etc.. this means that the "smart money" is already betting on the market en-mass to drop by April (considering that the contracts have already all been bought to cause the increased premiums), odds are that the market is going to be dropping from now until and beyond then. best of luck to you.
One thing to note though about the 2018 3.8%. If you look at the graph of the 10 year treasury, literally almost the day it hit it's peak, it began falling and did not stop all the way through the end of 2018, 2019, and finally bottomed in 2020. A big reason why housing recovered at the end of 2018 was due to the Fed's lowering of rates at the time. I don't think we will see the same scenario this year
"Self fulfilling prophecy" bro i didnt save up for the last 5 years of my life to give some boomer 800k for a crack shack. Its a matter of principle. Shit is getting out of hand. (Canadian though, shit storm here)
Missing a key factor. FNMA/ Freddie Mac have 1.50-1.75 padding on all high balance conforming loans, 2nd home pricing, aligned with investment homes. This is for all loans delivered as of April, which wasn’t the case in 2018 with yields over 3%, pricing today is aligned with a 10yr at 3%+ Im a lender in Orange County. When the 10yr hits 2.5-3.0 pricing will be higher then any point in the last 15yrs. This is something Kevin is not aware of. Such a huge factor.
100% Agree. April shock will be huge. Lender here in Seattle area. Already seeing buyers stop chasing prices. The buyers who can't stretch anymore are now out. I've lost 20% of my buyer pool since December.
2nd home markets will definitely stall out if not drop. Year ago rates on 2nd homes 3% - April 2022 4.5%-5%. Add that to houses 25% higher in price and you have a shock
Banks and investors are really the driver of housing market rise here. Could see a big collapse when rates rocket imo. It's really a mix of things that could all happen at once and cause the bubble to burst. Fed could raise rates 50 basis points next month. One thing we can always count on - the fed doing the wrong thing and then the right thing to do collapses markets.
Home prices at all time highs , banks raising LTVs to get deals done, Rates going up, up 1% already in the last month, stock market down 30-50%, new home starts way up! If anyone is confused about where the prices are going they are too incompetent to be homeowners. Don’t listen to Realtors, don’t listen to anecdotal stories about missing out. The rates have just begun to go up. The reversal begins now. Duh.
@@jtowensbyiii6018 lol touched a nerve?? Plenty of stocks fell 30-50%. PayPal is down more than 60%. Growths stock are all down at least 30%. Learn to spell lying and Check your diploma CHUMP.
@@boulderghost4457 I mean I'm fairly certain you could pick any day of any year and "plenty of stocks" would be falling by 30-50% that's how the stock market works; That doesn't make it good information. if you take the highest high and lowest low in 6 months stocks on a whole have dropped around 10%.
@@j.asmrgaming1228 Again, perhaps you are struggling to analyze an obvious market trend. I’m “fairly certain” you’re missing the obvious, lol. Not trolling just amazed that anyone is still confused about this market. Good luck with your investments!
Finally - good Video and exactly why i follow Kevin. Keep ‘‘em coming sir …how about a video soon showing some of your recent deals and going over them in detail. Ty
Soon we won’t be able to buy or sell. I’m sure biden will have an answer for that. Most can’t sell because there’s nowhere to move to. The. market will grind to a halt almost with the exception of those who decide to build. Awful situation.
I concur that it is hard to move into a new location. I am more likely to stay put with my 2.5% rate rather than relocating and getting nailed by higher rates and prices.
Thank God you started making some Real Estate vids again. The other RE RUclipsrs are purely cherry picking graphs and figures to predict a housing crash, because crash vids produce hella clicks. And they make the same video every 2 days.
Thanks for the video and the good information. For a gentleman like yourself who as much invested in the market, I understand you seem concerned the market will go down. Meanwhile, folks like myself who are prospective buyers are hoping prices go down. I look at these outrageous prices and it ticks me off to think how hard it is for an average person to get in right now, especially with the risk of a substantial drop after they buy and now they have negative equity. Just my .02.
Well… part of the wage/price spiral is increase in wages. Inflation of 4.6% on shelter combined with commodity prices doubling makes existing homes a recessionary hedge. I would worry about discretionary spending such as travel/leisure, food away from home, cars, concerts, etc. There are also so many buy the dip investors in the housing market that long term prices should be unaffected.
The stock market people are mad at him so he’s trying to slide back into the real estate people a lot change in real estate since u been gone Kevin 😂☠️
Money is an issue that everyone has for a better and luxurious living. Life was hard for me until I started investing in crypto and now I earn $10,290 every week.
Trying to move out of state and the market is flipping crazy in Goldsboro NC. I'm struggling even with more than double the budget of our last house. It's nuts
in the 70s inflation era housing prices increased almost double as interest rates went up. basically we saw house prices rise as interest rates rose. that was because we also had wage inflation which we are seeing. to be honest those that owned homes during the 70s made great money. since 2012 investors have been buying properties. i fear that this is planned. if they own 80k plus houses like blackrock does then inflation will make them filthy rich.
@@froggy9068 It only makes sense to sell if you own multiple properties. If you just own 1, its a mistake. Because you’re gambling. Trying to time the market which is like playing Russian roulette
@@southernmountain going to wait for the pull back in the marlet also we want to invest in rental multifamily and just rent i do not want to own a home right now unless it pays me
I bought a 4 bedroom 2 bath house on 2 acres fully fenced with 2 acres worth of water rights. Paid 375k FHA loan put 4% down, Moved in this past November.
With institutional investors (i.e. CASH) buying up 18% total single family homes last year, and continuing into this year, don't you think the traditional headwind of increasing mortgage rates won't be such a headwind?
Yeah people don’t seem to understand this is completely different than a typical market. I don’t think we will EVER see prices go down again. Not drastically anyway. Coupled with inflation, buying a house at $250k in the future will look like a steal.
Too many old houses in America, houses built in 1989 and older make up 71 percent of the housing market, 29 percent of houses built in 1990 -2009! Houses are overpriced and old. We need to develop more Condos like they do in Asia. We don't need big homes; people are not making big families! America caught up!
Agree. The quality of the inventory in the market stinks and it is lots of old properties with no value add constructions or quality materials used in renovations/upgrades. I'm not for condos only because HOA's are gangsters and that fee sucks. Standard homes with scalability over time for if you want to do the family thing or not. Build up rather than out at that point.
If inflation continues, you will continue to get higher asset prices. The demand is outstripping supply so much, interest rate hikes will be easily absorbed by buyers who will want to buy before prices go even higher Thus you will have higher home prices even with higher interest rates
Ahh. I remember when Kevin did real estate. Good days
I remember when he was enjoyable. A bull. Now he is a boring bear 🐻
@@u2fkeys665 lol
Kevin is clearly bullish on real estate. Otherwise he would've paperhanded his real estate portfolio, including his current house and already renting.
He peaked during the pandemic. Channel growth is down 67% year over year. His channel is in a recession 😂😂🤣😂🤣🤣
@@froggy9068 i think he said he sold 1 oh his houses
You know times are getting tough when Kevin took on a new gig as a newscaster
Leverage
only 2 million a month instead of 3... gotta hustle harder
War war war eff the house buy a GUN plenty of GUNS oh.. and food, plenty of food
Kevin, this format is so refreshing and gives a vibe like I’m getting a 1 on 1 coaching!
I'm liking the new style content Kev! 😎
Following from Perth, Western Australia! Much love to you and your followers! House prices here are stupid high too!
I follow real estate a lot and this was extremely informative in a simple layout. This is why I love Kevin. I look forward to more real estate videos if that’s where this is going
ruclips.net/video/lO4VR64Fjhs/видео.html
It feels like 2006! I have a friend who is going on vacation once a month. Two trips out of the country to a beach resort this year. December was a week at Disney. I'm excited to see where she goes in March.
I have a set of tenants who own 3 Harley Davidson motorcycles. They go to bike week in multiple states each year.
I have a friend who, cashed $100k out of his retirement and upgraded into a nicer home. He did some remodeling, and purchased a brand new truck. He eats out at restaurants twice a day even though his mortgage has doubled. He is also treating the "less fortunate " to dinners out multiple times every weekend.
I'm completely debt free including no mortgage. I worked 58 hours last week and have rental income. I'm still trying to figure out how these people can afford all these luxuries.
I've priced hotels in hopes of taking a long weekend. I quickly changed my mind and decided to visit friends who live near vacationing areas or own lake homes.
The music will stop and this won't end well. I can't be the only person shopping at TARGET saying Dayum these prices are high. I can't be the only person who is glad to work overtime to pay the heating bill. I can't be the only person who choose to cook after a long day at work because restaurants are so expensive.
If gas prices rose to $10 a gallon would people stop buying it? If homes go up, would everyone live in a tinfoil tent? No, they would stop with the harleys and vacations… a home is a necessity. And unfortunately a commodity.
That’s something called living life
Funny because I call those folks cartels because it seems I’m the only one killing my self working and saving while these folks out here are dropping literally 200-300k over asking for homes that are literally crack houses
You are not alone.
The real “Meet Kevin” is back and crushing content! Keep up the good work!
I saw the "real meet Kevin"a few weeks ago when he show his true colors bailing on his followers misleading them in the stock market for soo long, makes me sick of my stomach
@@Daniel-ib6ki get over it!
You mean... no more pink hair!?!? :(
When can us 1st time buyers get in the game? This is depressing to 90 % of us with regular paying jobs who don't have 100k sitting around. There used to be the option to rent an apartment and save for a couple years... now 2 br are $2400
I'm beginning to believe that the answer to that question is, for most of younger generation, "you don't"....
You dont buy now. This has to atleast normalize. Get a home with roomates or if you have a significant other split bills down the middle..."survive" until this shift happens.
We have over 200k for down payment and can’t find anything decent. It’s a supply problem more than anything.
Dead on....im in same boat💩
"Youl own nothing and be happy" vote accordingly
In markets like Vegas, the hedge funds are driving up the market, plus there is a flood of new homes entering the market soon. It might be the best example of volatility in real estate. When the avg household income is 56k and homes are selling for 500K, with 20-40k over asking, one has to wonder how it all ends 😅
youll own nothing and be happy is how it ends
Ontario is a disaster, 1 bedroom condo from 1989 going for 550k plus 600 per month condo fees lol
Ya Vegas will definitely be interesting! Crazy how much prices have gone up
BAy area - 600k over asking and people are still losing bids . It’s pandemonium here
Over 500k is high??? The national average here is nearly $750k and average household income is $62,900k.
Kevin, this is great. You are on the right track. We need information that you are good at explain in a simple easy way. Let us draw conclusion.
Kevin rebranding as a real estate channel in February means Kevin will be posting a video in August about how he sold all his real estate.
I took forbearance for 6 months, paid all my post-divorce debt, refinanced at a lower rate/lower payment and FINALLY got my ex off my loan! WIN WIN WIN!
Smart move.
Did it affect your credit score
I’m liking this new format kev‼️
I like the iPad format too.
Great video it’s precise and to the point. You explain things in a manner that is simple to comprehend. Definitely sharing this!! Thumbs up
Glad to see you didn’t actually quit Kevin :)
Kevin you’re the man you admire me a lot I learn so many things good stuff from you. Please we need you market live stream open and market close live stream back 🥰
Please collapse... The housing prices are stupid
Housing collapse would be bad for EVERYONE. At least if they stopped inflating for a few years it would be good.
With u on that one . Waiting for it to buy . Prices are insanely high per sq ft
There’s always van life
You'd be better off shopping around for a higher paying job than crossing your fingers for a housing crash.
Please wait until I sell my home in homeless California
Wait why would house price falling 3% cause people to panic???
We want less inflation... Wait no, not like that.
Kevin i love this video format. Keep doing these.
Real estate Kevin is back!!! Thank you so much for returning to your roots 🙏
Good to see you talking about something that you actually know about.
Very informative video, Kev! Always appreciate your real estate market updates 🌆
As an engineer making 300k a year in the pacific northwest. I cannot buy a house thats worth it around here. 1.6 million dollars for a shack. If prices keep going up, I will be priced out forever.
Love the new format, very informative
Price vs wage is my concern. Also talking with prospective buyers banks are not wanting to loan money with 20% down. Eventually inflation and interest rate hikes will hurt.
Are people saying banks want more than 20%?
Does Kevin have a red room when things are gloomy and markets going down, and a green room when its the other way round for the market?😀
Thanks man, nice to see you smiling
Great video Kevin , keep bringing the content my man I love it. Great info as always.
Rent prices will continue to rise, which can lift real estate prices too. Interesting storm brewing, it'll be interesting to see how it all pans out
My favorite guy on utube thanks for all ur hard work and dedication family. Big Oakland Ca support and salute. 🔥⬆️💯✊🏿✅
I started following you when you Allways talked real estate. Thanks for coming back😉
Kevin is basically a local news channel version of nationwide economic analysis. He shouldn’t be taken seriously.
Exactly.
also as an options trader that play both sides I will warn you all who will listen: long term shorts across the market are already priced in with higher premiums than their long counterparts for the same expiration dates concerning ETF's that follow the S&P, DOW, Etc.. this means that the "smart money" is already betting on the market en-mass to drop by April (considering that the contracts have already all been bought to cause the increased premiums), odds are that the market is going to be dropping from now until and beyond then. best of luck to you.
Thanks makes sense
One thing to note though about the 2018 3.8%. If you look at the graph of the 10 year treasury, literally almost the day it hit it's peak, it began falling and did not stop all the way through the end of 2018, 2019, and finally bottomed in 2020. A big reason why housing recovered at the end of 2018 was due to the Fed's lowering of rates at the time. I don't think we will see the same scenario this year
Exactly! Was surprised he never mentioned that was the reason prices came back. Home prices would have only dropped further if the Fed didn't step in.
I was thinking the same thing. 🤔
Are we mistaken... or did Kevin miss that most important detail?
Obviously, how could fed lower rates any more than 0.0% lol
"Self fulfilling prophecy" bro i didnt save up for the last 5 years of my life to give some boomer 800k for a crack shack. Its a matter of principle. Shit is getting out of hand. (Canadian though, shit storm here)
WhatsApp✙❶➌⓿➍➌➒➏➐➏➏➋
Exactly. I'm holding out until I see some value return. And it will return. Just because it hasn't yet doesn't mean it won't
Concern is interest rates go so high it won’t matter if housing drops 25%
Good stuff. Bravo!
Yessss. Finally a Real Estate Video
I like this man..no bs, just solid info.
Kevin you the man! Always updating all of us everyday. I just want to say thank you.
Feels like you are getting your groove back.. Super glad to have you back!
This is why I originally subscribed love the Real estate videos
As a college instructor, I’m a bit jealous of all of Kevin’s expo markers. If you’re an educator you feel the same 🤣
I would also if it was the 1990s. Must be a collage thing, at our University its a tad more modern than "white boards" lol
College instructor AKA Marxist piece of s***
I bet they smell awesome!!
KEVIN
HOW ABOUT CURRENT Extremely OVER VALUED PRICE OF SQUARE FOOT
@@GordonLFinch Price of current EXTREMELY OVERVALUED Square foot . Price of square foot in CA is about $400 per square foot
Kevin you’re so good on camera. I miss the real estate topic nicely done
Awesome info and perspective , thanks Kevin !
Missing a key factor. FNMA/ Freddie Mac have 1.50-1.75 padding on all high balance conforming loans, 2nd home pricing, aligned with investment homes. This is for all loans delivered as of April, which wasn’t the case in 2018 with yields over 3%, pricing today is aligned with a 10yr at 3%+
Im a lender in Orange County. When the 10yr hits 2.5-3.0 pricing will be higher then any point in the last 15yrs.
This is something Kevin is not aware of. Such a huge factor.
100% Agree. April shock will be huge. Lender here in Seattle area. Already seeing buyers stop chasing prices. The buyers who can't stretch anymore are now out. I've lost 20% of my buyer pool since December.
2nd home markets will definitely stall out if not drop. Year ago rates on 2nd homes 3% - April 2022 4.5%-5%. Add that to houses 25% higher in price and you have a shock
@@RealLifeFinance so you are saying there will be a shock in April driving prices higher?
@@splityourwig99 prices on loans. Cost is going up to get a loan which may cause demand to drop
Should I buy a home now or wait?? Looking in Denver
Banks and investors are really the driver of housing market rise here. Could see a big collapse when rates rocket imo.
It's really a mix of things that could all happen at once and cause the bubble to burst.
Fed could raise rates 50 basis points next month.
One thing we can always count on - the fed doing the wrong thing and then the right thing to do collapses markets.
No chance, theyre using homes as commodities. They can afford to hold. The goal isnt immediate profit, its long term control.
Home prices at all time highs , banks raising LTVs to get deals done, Rates going up, up 1% already in the last month, stock market down 30-50%, new home starts way up! If anyone is confused about where the prices are going they are too incompetent to be homeowners. Don’t listen to Realtors, don’t listen to anecdotal stories about missing out. The rates have just begun to go up. The reversal begins now. Duh.
lol
Get an education and stop lieing, stocks didn't halve, if they did a lot more panic would be happening, stupid af
@@jtowensbyiii6018 lol touched a nerve?? Plenty of stocks fell 30-50%. PayPal is down more than 60%. Growths stock are all down at least 30%. Learn to spell lying and Check your diploma CHUMP.
@@boulderghost4457 I mean I'm fairly certain you could pick any day of any year and "plenty of stocks" would be falling by 30-50% that's how the stock market works; That doesn't make it good information. if you take the highest high and lowest low in 6 months stocks on a whole have dropped around 10%.
@@j.asmrgaming1228 Again, perhaps you are struggling to analyze an obvious market trend. I’m “fairly certain” you’re missing the obvious, lol. Not trolling just amazed that anyone is still confused about this market. Good luck with your investments!
The Meet Kevin you tube family really loves the word "content" ... like a lot
thank bro i needed more real estate content from you
WhatsApp✙❶➌⓿➍➌➒➏➐➏➏➋
Legend. Your the 🐐 Kevin! Thank you once again. I miss your live market opens and closes 😢 😪 😕 😔
This is why I subscribe
So basically it is more expensive to be a buyer of a home right now.
Love the real estate videos. This is why I originally subbed. I appreciate these, Kevin! Thank you!
YAY finally! The video I’ve been waiting for from you. Getting a cup of coffee to sit down and watch. 🎉 ☕️
Finally - good Video and exactly why i follow Kevin. Keep ‘‘em coming sir …how about a video soon showing some of your recent deals and going over them in detail. Ty
Soon we won’t be able to buy or sell. I’m sure biden will have an answer for that. Most can’t sell because there’s nowhere to move to. The. market will grind to a halt almost with the exception of those who decide to build. Awful situation.
I concur that it is hard to move into a new location. I am more likely to stay put with my 2.5% rate rather than relocating and getting nailed by higher rates and prices.
Thank God you started making some Real Estate vids again.
The other RE RUclipsrs are purely cherry picking graphs and figures to predict a housing crash, because crash vids produce hella clicks. And they make the same video every 2 days.
Watching your videos like this makes it seems like I’m being taught by a real teacher! Great video
As always thanks Kevin! Your research and insights are appreciated!!!
Thank you for the work you do.
Thanks for the clarity and info Kev!
Kevin is our man for deep diving on information like a pro!
Kevin good to see you back. I hope you’ve left that stock market stuff behind you.
You rock, man. The whole research, presentation - top notch. Thank you and greetings from Bulgaria.
Thanks for the video and the good information. For a gentleman like yourself who as much invested in the market, I understand you seem concerned the market will go down. Meanwhile, folks like myself who are prospective buyers are hoping prices go down. I look at these outrageous prices and it ticks me off to think how hard it is for an average person to get in right now, especially with the risk of a substantial drop after they buy and now they have negative equity. Just my .02.
Well… part of the wage/price spiral is increase in wages. Inflation of 4.6% on shelter combined with commodity prices doubling makes existing homes a recessionary hedge. I would worry about discretionary spending such as travel/leisure, food away from home, cars, concerts, etc. There are also so many buy the dip investors in the housing market that long term prices should be unaffected.
Great video man always enjoy the real estate 👍
Another great video! Thanks 🍻
Super helpful, especially if you are considering buying into real estate right now!
Holy crap! Meetkevin doing something g real estate related?! Did I just pass out in a time machine and wake up in 2019?! #newbvspro
The stock market people are mad at him so he’s trying to slide back into the real estate people a lot change in real estate since u been gone Kevin 😂☠️
Yes! Glad to have you back!
I miss your real estate videos loved that high energy intense and super educational videos
Kevin, you’re a great teacher
Thank you Kevin! I appreciate the info
Investing is very good for future purpose either in real estate or crypto currency market trust me you will never regret making such decisions.
Money is an issue that everyone has for a better and luxurious living. Life was hard for me until I started investing in crypto and now I earn $10,290 every week.
That's true I got 80% of my total portfolio in Crypto and it has been great returns since I started trading with Dave Javens
How can one go about this crypto I am a newbie
@@evemaddie2026 you need Dave Javens to help guide you on how to go about it
I heard his strategies are good and please I hope he is genuine?
I'm excited to see some real estate videos from Kevin
amazing educational video!!!! Thanks i missed the real state talk
Thank You Kevin
Trying to move out of state and the market is flipping crazy in Goldsboro NC. I'm struggling even with more than double the budget of our last house. It's nuts
I am almost convinced Kevin is an Alien that does not need sleep
I always appreciate your real estate videos.
It's really simple. The stock market is tanking. Housing will follow. Give it a few months.
Lol, theyre not connected in the way u think.
That simple? You think the market is tanking? Make sure you don't by at the top when fomo hits you!
in the 70s inflation era housing prices increased almost double as interest rates went up. basically we saw house prices rise as interest rates rose. that was because we also had wage inflation which we are seeing. to be honest those that owned homes during the 70s made great money. since 2012 investors have been buying properties. i fear that this is planned. if they own 80k plus houses like blackrock does then inflation will make them filthy rich.
We also had conventional assumable mortgages. We don't anymore.
The data disagrees - I'll make a video explaining. Oversimplified to just look at the nominal price chart. Coming soon...
@@MeetKevin I hope your right about this. we need prices to come back down.
@@0529mpb often overlooked, glad u mentioned it. Mortgage assumability is a huge factor in all pricing directions
*filthy *richER lol
Eviction moratorium really kill real estate. I have three properties. I will sell all after get the tenant out.
I'll buy with tenants
Very true Kevin. Great work!
Love Kevin
Trying to sell right now hoping to sell this spring before the home prices pull back 🙏
Don’t do it. Just re finance. We tried to do that now we can’t find a home.
@@froggy9068 renting can be a painful experience, better to own your castle and know where you are going.
@@froggy9068 it’s better to own an asset and leverage it then sell it out right. Please reconsider.
@@froggy9068
It only makes sense to sell if you own multiple properties. If you just own 1, its a mistake. Because you’re gambling. Trying to time the market which is like playing Russian roulette
@@southernmountain going to wait for the pull back in the marlet also we want to invest in rental multifamily and just rent i do not want to own a home right now unless it pays me
Awesome. Love to see you going back to Realestate Kevin. No red, or green hair, just you.
Thanks.
Yes! More real estate!
Nah he neglected us before with stock market theirs a new realtor in town now Kevin 😎
Another great video Kevin thank you so much!
Kevin was the hype queen of RUclips Stock Trader Channels. At least he gets the hair right now.
I bought a 4 bedroom 2 bath house on 2 acres fully fenced with 2 acres worth of water rights. Paid 375k FHA loan put 4% down, Moved in this past November.
NV?...
Paid 21k for a 3/2 in Lyon County several years ago.
Its 315k... if Zillow is right?
Let me guess it’s in the middle of no where
@@derpherpp it’s in Oregon, out skirts of a medium sized town
@@wealthintruth6227 wow that’s a good deal!
With institutional investors (i.e. CASH) buying up 18% total single family homes last year, and continuing into this year, don't you think the traditional headwind of increasing mortgage rates won't be such a headwind?
Yeah people don’t seem to understand this is completely different than a typical market. I don’t think we will EVER see prices go down again. Not drastically anyway. Coupled with inflation, buying a house at $250k in the future will look like a steal.
Awesome as always! Thank you Kevin
I love your new way to make videos with the white board
Too many old houses in America, houses built in 1989 and older make up 71 percent of the housing market, 29 percent of houses built in 1990 -2009! Houses are overpriced and old. We need to develop more Condos like they do in Asia. We don't need big homes; people are not making big families! America caught up!
Agree. The quality of the inventory in the market stinks and it is lots of old properties with no value add constructions or quality materials used in renovations/upgrades. I'm not for condos only because HOA's are gangsters and that fee sucks. Standard homes with scalability over time for if you want to do the family thing or not. Build up rather than out at that point.
@@josephsm7723 I agree, forgot about the HOA's
Great explanations. Thanks.
If inflation continues, you will continue to get higher asset prices. The demand is outstripping supply so much, interest rate hikes will be easily absorbed by buyers who will want to buy before prices go even higher
Thus you will have higher home prices even with higher interest rates
This is assuming wages will increase at the same rate as inflation correct? So far that has not been the case.
This.
@@haydennoel362 wage increase? to keep up with inflation? You clearly are not familiar with corporate america.
Thank you for the updates on real estate - a great refersher from stocks!
I agree ! flip is coming 100% going to be a buyers market . . 2023
Only in certain markets/locations. Not most