6 mo ago you were doing lives and trashing ppl like me (Austinite for 40 years). I simply stated that every market is unique and Austin is due for a major correction, fast forward 6m and we are 20% plus from peak in alot of Austin areas. Your the prototypical RE agent. Always a buyers market, cherry pick data to only push your dialog. When your at the point to were you are pushing New Construction incentives as buying points that should tell buyers enough.

@JeremyAKnight

3 ай бұрын

Thanks for your comment. You are correct. I am a realtor. You are wrong as I don’t always say to buy. I’ve explained not to buy many times and when it’s right or a wrong time to buy. This is a correction. Many were screaming crash… big difference. Everyone has a different reason for buying and many buy new construction. Pointing out incentives is helping those that don’t even use me. Thanks for the feedback.

@MostlyPeacfulRiots

3 ай бұрын

I still watch your content , I'm not trying to be a troll, it's just my personal purview.

@JeremyAKnight

3 ай бұрын

@@MostlyPeacfulRiots I appreciate it. And you’re definitely justified in your comments. I wasn’t trying to be snarky in my reply. I know I can be at times.

@MostlyPeacfulRiots

3 ай бұрын

@JermyAKnight Didn't take it that way at all brother. I watch you enough to know your not self indulged, I just have different retrospect 😊. Real-estate is a complicated sector. you're the subject matter expert, I just tent to be bearish on the current ATX market due to the insane lack of GDI growth along with home price increase, something has to give but time will tell, and with the FEDs turtle pace with rates, we will prob have to wait a long time.

@JeremyAKnight

3 ай бұрын

@@MostlyPeacfulRiots appreciate that. If we had spread out all this inventory over the last 4 years. We’d be in the same prices ranges without the big bubble.

"Home sellers won't take less than they want."

Austin is about to crumble in 12-18 months just take my word 😆

More starter homes are needed everywhere

@JeremyAKnight

3 ай бұрын

I agree! Getting them built is the hard part.

Jeremy I just got my property appraisal here in Zilker...😢...raised another 50K. I follow sales closely and I will protest myself because they usually give a tiny bit back but it's pretty spot on as prices have stayed pretty level here.

@JeremyAKnight

3 ай бұрын

I know. I got mine too and it when up when values went down.

There needs to be more homes built pretty much everywhere

Visited Austin this memorial day. Austin RE has crashed and for a good reason,.

Any views on Loyola (community in NE Austin)

@JeremyAKnight

3 ай бұрын

What do you want to know?

Sub $450k inventory has exploded in the last year. Great news for those looking for affordable homes. Rates still suck though.

@JeremyAKnight

3 ай бұрын

Everything else is soft.

@muhdabdullah1

3 ай бұрын

Good thing is, you can refinance if rates drop.

@JeremyAKnight

3 ай бұрын

@@muhdabdullah1hopefully that’s soon!

@muhdabdullah1

3 ай бұрын

@@JeremyAKnight hearing very negative outlook for cuts. Big cut or many small cuts were anticipated this year, but now we are at, maybe some small cuts end of the year. Looks 50/50 :(

@JeremyAKnight

3 ай бұрын

@@muhdabdullah1 I won’t my breath.

Is this a normal spring housing market in Austin?

@JeremyAKnight

3 ай бұрын

Yes, but more tame.

crash incoming, people abandoning austin, bad time to buy. Waiting will be rewarded

@JeremyAKnight

3 ай бұрын

😂 🥁

@Uwolz

3 ай бұрын

Doesn’t mean crash is coming lol.

@JeremyAKnight

3 ай бұрын

@@Uwolzpeople want to tear down the system.

@beatriz38

3 ай бұрын

There are still a lot of people coming to Austin, I don't see a crash anytime soon.

@misterogers9423

3 ай бұрын

People want a crash, but I don't see more than 4-5% drops a year and if rates get cut a few times - all hell will break loose.

people are just dumb. The cost of goods is going up, wages are going up, cost of labor is going up..... but they expect a house to go down in value.

@JeremyAKnight

3 ай бұрын

But Reventure said.

@kingmoz

3 ай бұрын

Well when developers price homes at over $6/7/800 per sq ft, I think it’s fair to believe these can come down. Not the consumers fault that they underwrote poorly

@ehren5347

3 ай бұрын

I mean reventure is pretty good he's predicted 50 out of the last 0 crashes.

@ehren5347

3 ай бұрын

They are only going down due to interest rates. The cost of goods and services are going up. The second you decrease rates... RIP

@misterogers9423

3 ай бұрын

@@JeremyAKnight The inventory is up in Austin, but I doubt we will see more than a few points drop a year, and most of the losses will intensify in the weaker areas.