In the early 1990s, when I bought my first home in Miami, first mortgages often came with rates of 8 to 9% and 9% to 10%, which was quite common. It's important to consider that we may never return to 3% rates. If sellers are compelled to sell, home prices may need to decrease, leading to lower valuations. I believe many others share this line of thinking.

@StocksWolf752

8 күн бұрын

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

@Wellerpage

8 күн бұрын

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.

@cowell621

8 күн бұрын

Due to the market falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?

@Wellerpage

8 күн бұрын

I work with Sharon Lee Peoples as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

@grego6278

19 сағат бұрын

I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.

In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.

@rogerwheelers4322

12 күн бұрын

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

@joshbarney114

12 күн бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@FabioOdelega876

12 күн бұрын

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

@joshbarney114

12 күн бұрын

Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@FabioOdelega876

12 күн бұрын

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Marisa Breton Dollard up and send her a message. You've truly motivated me. God's blessings on you.

For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.

@Elkemartin213

11 күн бұрын

Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.

@Davidstowe872

11 күн бұрын

Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.

@Aarrenrhonda3

11 күн бұрын

How can i reach this adviser?

@Davidstowe872

11 күн бұрын

Amber Dawn Brummit is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

@Aarrenrhonda3

11 күн бұрын

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

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.

@MarkGrimm8

10 күн бұрын

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

@ScottArmstrong12

10 күн бұрын

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.

@KevinClarke9

10 күн бұрын

Personally, I can connect to that. When I began working with CAROL VIVIAN CONSTABLE a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.

@KevinClarke9

10 күн бұрын

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

@ScottArmstrong12

10 күн бұрын

There are advisors in cities around you but I needed services of one who can guide me irrespective of location. CAROL VIVIAN CONSTABLE comes highly recommended especially in times like this. I am hedging and haven't lost much to the recession. I found her in 2020 when the market was at an all time low. Look her up and thank me later.

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

@StacieBMui

15 күн бұрын

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

@Wellerpage

15 күн бұрын

Soon, cheap homes won't be cheap anymore because prices today will look like dips tomorrow. I think inflation will cause panic until the Fed tightens its grip even more. You can't just pull the band-aid Off half way. Booms and busts are the ups and downs of the economy, and they will affect any investments. If you are at a crossroads or need honest advice on the best steps to take right now, it is best to get counsel from a financial expert.

@JerryOrion

15 күн бұрын

Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?

@Wellerpage

15 күн бұрын

Sonya lee Mitchell is the manager I use. Just research the name. You'd find necessary details to set up an appointment.

@crystalcassandra5597

7 күн бұрын

I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

@Peterl4290

8 күн бұрын

Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.

@larrypaul-cw9nk

8 күн бұрын

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

@sabastinenoah

8 күн бұрын

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

@larrypaul-cw9nk

8 күн бұрын

Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@sabastinenoah

8 күн бұрын

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

@EddyAgnes-vy4kp

29 күн бұрын

Real estate and stock investments may be good decisions, especially if you have a solid trading strategy that can see you through prosperous days.

@bernadofelix

29 күн бұрын

You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

@ScottKindle-bk3hx

29 күн бұрын

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

@bernadofelix

29 күн бұрын

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@SandraDave.

29 күн бұрын

Melissa’s profile appears to be fairly knowledgeable, therefore I must say that I value the advice. After locating her online, I thoroughly read through her resume, educational background, and qualifications, and I must say that they were quite impressive. We have set up a meeting after she replied to my message.

Tax code changes taught me to build resilience into my portfolio. Diversification is key! My set manager helped me spread my investments across different asset classes like stocks, bonds, and real estate so that a positive tax code cha age here can help minimize the impact of aa negative tax code change there adjustments.

@PennyBergeron-os4ch

25 күн бұрын

Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance a broker or financial advisor.

@FinnBraylon

25 күн бұрын

I agree. From my experience working with a financial manager, I currently have ($2million) in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@HildaBennet

25 күн бұрын

Your manager must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

@FinnBraylon

25 күн бұрын

I work with Sonya Lee Mitchell as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.

@HildaBennet

25 күн бұрын

I ran a search on her name and came across her websiite; pretty well educated. thank you for sharing.

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

@roberttheodoregeorge

22 күн бұрын

Microstrategy CEO bought $155million worth of bitcoin, so yes BUY! And the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

@SlParkerlee

22 күн бұрын

could you recommend some good advisers? don’t get me wrong, I already have an asset manager, but he seems not to know much about crypto.

@roberttheodoregeorge

22 күн бұрын

It's a fresh concept that some overlook despite its swift transactions, even quicker than SWIFT, providing an advantage over wire transfers. 'Melissa Jean Taligdan' is highly regarded among financial elites in lower Manhattan. Look her up; you'll appreciate it later...

@SlParkerlee

22 күн бұрын

Looks splendid. How can I talk to her directly? I left messages and set up a date. Does she accept calls

Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

@PatrickFitzgerald-cx6io

26 күн бұрын

The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.

@Pamela.jess.245

26 күн бұрын

I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

@carssimplified2195

26 күн бұрын

Impressive can you share more info?

@Pamela.jess.245

26 күн бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

@carssimplified2195

26 күн бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

7% to 6% is going to cause a buying frenzy? Housing started to freeze at 5.5%. People can’t afford the house price. It’s not the extra 1% of interest

@JohnnyJolter69

Ай бұрын

Exactly right, 300 bucks less per months isn't going to make people feel the need to rush out and buy in this uncertain economy with wars all over the globe

@ninjagirl226

Ай бұрын

No housing prices have kept rising despite the high interest rates. The reason is all supply and demand. Anyone locked in at 3% doesn’t want to sell their house and have to buy a new one at an elevated interest rate especially one that’s nearly double what they currently have. All the while there’s still demand from buyers despite the high costs although it’s probably not as high as it could be. Lowering the rates even slightly will just increase demand because home buyers will go ok I might be able to addled it now, but it won’t fix the supply issue leading to higher costs.

@FosterTravis1071

Ай бұрын

They're all disconnected from reality... living in their own little world.

@MrJoker-

Ай бұрын

Isn't creating fake demand to run cost of supply up illegal in the housing market, or no? Who is creating the demand , large corporation, or reg Joe homebuyers? Housing is being monopolized, and all it is , is greed.

@SignalCorps1

Ай бұрын

As a real estate investor for several decades, these guys are wrong. Prices in the covid boom markets, like Austin, Phoenix, Tampa Bay,etc are going to drop by over 20% in the coming years. Austin is already down by 17% since the Q2’22 peak and has at least another 15% to go

Housing is overpriced. Employment numbers are false.

@carriecovey3867

Ай бұрын

But…but…how is that possible? JoJo the clown has been telling us for years that everything is okay 🤔🙄

@Track-Day-Rider-DJT24

Ай бұрын

Yes the Democrats are paying corporations to false advertise jobs. There are no jobs.

@jorgecarrejo7562

Ай бұрын

Guarantee you that if your cult leader was in office.. You would be singing his praises.. 😂 😂

@carriecovey3867

Ай бұрын

@@jorgecarrejo7562 and you could to if you’re cult leader had anything he could be praised for.🤣🤣

@jorgecarrejo7562

Ай бұрын

@@carriecovey3867 if Biden was indicted 4 times.. Found liable for fraud and sexual assault and defamation AND owed half a billion dollars.. And his trial started tomorrow... I would not support him.. You can't say that about your cult leader.. And what's the unemployment rate? GDP growth? Stock market?

It's over for the average middle class family.

@dawnmclees

Ай бұрын

@emilo81 it’s not the interest rates that are killing middle America it’s the price of the home to start with.

@Joe-pz4pj

Ай бұрын

@@dawnmclees We should have stayed on the gold standard. The fluctuations are designed to short people. On Giant POS Communist Scam

@emilo81

Ай бұрын

@@dawnmclees you're right, the price is unaffordable.

@Mikel3564

Ай бұрын

@@emilo81 so are the interest rates and the yearly taxes.. I am kicking myself for not buying a home 10+ years ago

@user-wu8sj3ee3d

Ай бұрын

Thanks for Corporations.

You got valid points though Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

@Natalieneptune469

24 күн бұрын

There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.

@PhilipMurray251

24 күн бұрын

People do downplay the importance of expert counselors up until they experience the consequences of their errors. I wanted to stay afloat between the COVID outbreak and my early 2020 layoff, so I started looking for license advisors. My previously stagnant $325K reserve has so far created significant returns from subsequent investments owing to expert leadership by my FA, who can be found online. I was fortunate to come across someone with her level of practical knowledge and years of experience.

@Robertgriffinne

24 күн бұрын

We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

@PhilipMurray251

24 күн бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Linda Aretha Reeves” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@Alejandracamacho357

24 күн бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

Our children won’t be able to buy a home if housing prices don’t go down.

@maxpain7197

Ай бұрын

And? Maybe they can strive not to get worthless degrees. Maybe, go to school for something that is useful in society.

@self3459

Ай бұрын

Hell I can’t buy one!

@bondjovi4595

Ай бұрын

Right. We should all get jobs at the steel foundry. Just like Eminem the rapper.

@maxpain7197

Ай бұрын

@@bondjovi4595 Is working at a steel foundry a trade? Hmmm.

@ebutuoy5088

Ай бұрын

Why do you're kids matter?

Think about this , some of the same houses bought for 20k are selling for 250k. The problem isn't homes ,it's the fact our currency is almost worthless.

@avenger1212

Ай бұрын

Almost?

@MrJoker-

Ай бұрын

@@avenger1212 yes , almost, as of yet you can still purchase goods with it. Trust, you will know when it's worthless, and so will the ones who rely on it and not GOD.

@emilydickinson-4206

Ай бұрын

@@MrJoker- yup, you are correct. If you voted democrat, that is why homes cost so much. Quite crying, I could see this coming. If you couldn't, stay off the white stuff. Fjb

@sca1645

Ай бұрын

Supply and demand…if you could get $250k on a home you bought for $20k 30 years ago, you’d do the same thing. Everyone wants a deal, but no one wants to give a deal

@chuckm6274

28 күн бұрын

Just imagine that when buying a house it appreciates. So a house bought 30 years ago for 20k can increase to 250k. But keep in mind it was different markets and your salary was different 30 years ago. Kids these days think someone bought a house at 20k 5 years ago while making 150k a year and now it's magically 250k. Lmao keep making numbers up. I bought a house about 20 years ago for about 80 and it now worth 250k. Wish I had kept it. Now I have a house I bought 3 years ago for 120k and it's worth now 160k.

How the hell does everyone just have millions to go buy up all these houses that are 1.1-1.5 million for your average 3-4 bedroom house where I am!? I don’t get it

@maxsands3861

Ай бұрын

Don't worry about it and live your best life. There are a ton of forclosures in my local paper every week. Best thing to do is buy one of them at tax sales. Many criminals have made millions since weed became legal in many states.

@justSTUMBLEDupon

Ай бұрын

Banks are still lending and are willing to give you the loan even if it bankrupts you

@marioremondino9837

Ай бұрын

People are making alot more money than you think. Otherwise we would be collapsing. But prices go up and a lot of people are able to make do. If they weren’t we would have gone belly up a couple years ago.

@hadtocheathimtobeathim6549

Ай бұрын

@@marioremondino9837or…people are financing everything to the max so they can buy. That’s clearly the case because credit card debt has continued to skyrocket since Covid.

@Ravi-rl8tt

Ай бұрын

Lower down payments, absurd wages due to corporate handouts the past couple of years, help from their parents, etc.

FJB, this is a complete mess by design.

@user-qp6wm4bg1i

Ай бұрын

You're a clown.

@gregcauthon1958

Ай бұрын

Please explain to me how Joe Biden made it so I was getting out bid on homes by over 100k in 2019 and 2020 when I went in at asking price. Please explain how it is Joe Biden’s fault that in my city there has been hardly any inventory for 6 or 7 years. How is it his fault that when they do build homes they are all 2500 sq. Ft, $700,000 homes and not $400,000 1200 sq. Ft homes. Explain why a 2x4 used to build homes was $10 in 2020 and why it is $3 now. You Trump Idiots are blaming the wrong people because you are brainwashed in a cult. Trump will probably get re-elected and bet you have not seen anything near as bad as it going to get after he does.

The same crap happened under Carter

@avenger1212

Ай бұрын

Except the purchasing power of people back then was far better than today. They were able to weather the storm. I don't know about people today. This is a different animal.

@HelloCurve111

29 күн бұрын

What about Clinton?

Wrong. Buyers are thin until prices of houses come down. There is little difference in 7% to 6%.. Uts not the interest rates discouraging buyers, is the price of houses. Inventory is the bigger issue.

@PapaJoe224

27 күн бұрын

Lower house prices does very little to change inventory issue, If anything it makes it worse because the current owner gets even less back in equity when they do sell. This is largely a supply and demand issue; people with 3% mortgages aren't selling just so they can buy (generally) a more expensive house with an interest rate more than double what they have.

@suprema-sea_fishing

23 күн бұрын

The prices aren't coming down. I bought an entry level home and refinanced at 3.125%. I get calls an texts from corporations all the time offering to buy it. Blackrock and Vangaurd are gobbling up entire entry level neighborhoods, paying cash from your 401k retirement funds. This is causing a supply shortage. Lowering the interest rate will increase the number of buyers, but wont solve the supply issue. Prices will drive up even further. Best plan for people wanting a home now is to find low rent, and save to pay cash for a home whenever the market settles. Right now the rent on an entry home is about half what a 7% mortgage would be in my area.

I'm 55 years and I retired at 51. I was able to do this because I understand four pricinciples of financial planning success think long term with goals and investing, spend less than you earn maintain liquidity (an emergency savings) minimize the use of debt

@PamelaArmstrong-zc4ik

27 күн бұрын

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investment...

@BrielleSmith-in5fd

27 күн бұрын

Money invested is far better than money saved, when you invest it gives you an opportunity to increase your financial worth

@AnnieOuelletAnnieOuellet

27 күн бұрын

It's remarkable how long term advantage people like us have gotten trying to be consistently not stupid, instead of trying to be very intelligent

@ArneDevos779

27 күн бұрын

The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that doesn't depend on government paycheck. Especially with the current economic crisis around the world , this is still a time to invest in Stocks, Forex and Digital currencies

@HenrikSkog-jz2zc

27 күн бұрын

I keep seeing how lots of people testify about how they make money from stocks, Forex and crypto currencies (BTC) and i wonder why i keep losing.. Can anyone help me out or at least advise me on what to do 🙏.

It is more than just the interest rate. The extremely high increase in property taxes and insurance has caused the monthly payments to increase to the point where people will loose their homes.

Let it crash let it crash let it crash

@davemitchell6281

Ай бұрын

The price will never go down in Ca.

@RoninJones-lh4uh

Ай бұрын

I totally agree 👍

@maxpain7197

Ай бұрын

Dillusional

@ebutuoy5088

Ай бұрын

There will not be a crash

@user-cr6qk8nm7g

Ай бұрын

Drill Drill Drill maga 20 24

With taxes and insurance increases it doesn’t matter what interest is. We need deflation

@farmerthatflies

Ай бұрын

I’m almost at the point of having to cancel my homeowners insurance… pretty spooky doing that though

@maxpain7197

Ай бұрын

Deflation isn't going to fix the problem

Grim fate? You mean the housing price will go back to normal? Let it crash, regular Americans can’t afford to buy a house right now. The only people who are buying houses are corporations who rent the houses out at ridiculous prices that’s beyond Americans’ monthly paycheck.

@maxpain7197

Ай бұрын

The only people not buying houses are the ones who can't afford them. Their are tons of people buying. The poolside will only grow and supply will only go down. Waiting rarely works out. Waiting for a crash will only flood the market with tons of buyers and push the prices right back up.

@Uwolz

Ай бұрын

No if rates go down, the demand will outpace supply 2-3x. Housing price will go up.

@christopherchun1571

Ай бұрын

​@@maxpain7197 100 percent correct.

@TheHsubh

Ай бұрын

@@maxpain7197 The N of people still buying may be higher than some arbitrary time in history, but the % of people that can afford them is woefully small. That's like saying, we've always had homeless people, its no different than its always been, however, even if the % of people unable to afford a place to live stays the same, having millions of people homeless, enough to start a new country, is a problem.

The problem is these Corporations buying up houses and raising the prices, Congress needs to pass a law that corp America has to sell off

@davidliskey3553

26 күн бұрын

There is a bill, but they basically shelved it because corporate ownes all the politicians

It doesn’t matter what rates do, the inflated housing market will revert to the mean, just like it always has.

@LyricsQuest

Ай бұрын

Absolutely correct. If rates are lowered, it's going to crash, and if it's held high, it's going to crash harder. Don't really understand why, but it's always happened that way in history (If I were to hypothesize, it's because the market reflects how high the interest rates have been the past 12 or so months.)

@ebutuoy5088

Ай бұрын

No

@WELVAS.

Ай бұрын

The real solution is get a lot more housing built to quench demand. Then prices will be forced to be lowered because there won't as many interested buyers.

It's a number of factors remember you gotta pay property taxes and most people don't take the area they're buying in consideration. Sure 400k home sounds until you look at property tax plus if you get an adjustable rate loan You're definitely gonna be screwed..Not to mention that yeah no Stock broker agency or Trust fun organization should be allowed to buy up so many houses and then inflate the prices..Half these home aren't even worth Thier True value it's only because there's such a lack of housing people are able to literally inflate the market especially groups of people buying homes to turn into short term rentals.

How can house prices keep going up if people can’t afford to buy them?

@glennz6686

Ай бұрын

Amongst all the buyers sitting on the sidelines there's always somebody that can afford.

@sca1645

Ай бұрын

Supply and demand…tale as old as time

@user-qp6wm4bg1i

Ай бұрын

Obviously many people can afford them. Sorry, not everyone works at Taco Bell.

@douglassmith9445

Ай бұрын

@@user-qp6wm4bg1i technically, many people are allowed to purchase them but can’t afford them and still purchase them anyways. That’s what I was getting at and that’s precisely what we are seeing.

@vanessagamino6826

29 күн бұрын

@user-qp6wm4bg1i I’d be anonymous too if I went around making dumb comments like you just did

Prices can go up, but who is going to pay them? Here in CA a 4 br house is already 2.5 million. So, she thinks there are already 10 buyers with 3 million in their pockets for each home on the market? Who has all this bread?

Basically just investors buying while 99% of the others pay rent (their mortgages).

@ve2240

Ай бұрын

Bingo! People do not realize that these big investment companies are buying private homes. They are paying thousands above asking price then when the county comes in and appraise the house, everyone's taxes go up. Then the investment company rents out the private homes for double the rent.

I can’t imagine why Bill Pulte would ever suggest that housing prices would go down or even stay flat.

Expert? What goes up will come down crash is coming just like in 2008 and 2009 Home prices can only go up if loan rates are back down to 5% 1.5 drop.

Hey Neil, you got what you voted for. Elections have consequences.

@LurdesRamos-vq7lx

Ай бұрын

You know your doing the "", RIGHT*" Thing when u tube is deleting everything in sight. 👈😆😃😄😃

@oliphauntsneverlie6227

Ай бұрын

You know Neil voted for Biden!

@johnboston2298

Ай бұрын

I'm in Massachusetts and people are insane thinking Biden is doing a good job. I know someone who owns a business a s voted for Biden and his business is on the brink of closing but he's still going to vote for Biden. I the meantime Bernie sanders socialists are taking over our city council members in many cities.

@richardbarron8869

Ай бұрын

ABSOLUTELY! WAIT AND SEE WHAT RATES WILL BE IF WE ARE UNFORTUNATE ENOUGH TO HAVE ANOTHER BIDEN TERM!

Rates need to double to stop the "real" inflation rate

@maxpain7197

Ай бұрын

It will only stop the buying. The price of real-estate will still be worth high value. Even if it don't show on paper, population only increase, inventory decreases, and supplies for homes decrease.

These experts were saying house prices will crash right before covid.

@sew_gal7340

Ай бұрын

No they didnt, Barbara has said in 2020 that the housing market wont crash and home prices will skyrocket because of covid, and it did. Shes very wise.

sad to see how doomed America is

@gregh7457

Ай бұрын

time for some doom spending? how about a ferrari?

So the lending institutions and realtor and everybody else thats putting thier greedy fingers in the pie. The stupid pricing in the housing market. Of course the want it to rise

If rates go down, it will also unleash huge borrowing on Home Equity Lines, to access the 37% real increase in household net worth from the end of 2019 through the end of 2022, as determined by the NY Fed in their triennial survey. The spending of that money will boost inflation in a regrettable way.

Not if we have unemployment. Then nobody will be buying right since will fall if we have an employment renters dry up then investors can't raise the rent and if they can't raise the rent then the investors have to sell an inventory goes up and boom Who's going to buy? Everybody's broke. Insanity

We need to raise interest rates to 20% we need to stop people from buying.

How the hell does everyone just have millions to go buy up all these houses that are 1.1-1.5 million for your average 3-4 bedroom house where I am!? I don’t get it!

@peachmango5347

Ай бұрын

Printing money by the trillions - it ends up with the rich eventually - but with the current round of American welfare - it ended up with the rich in about 3 years - now the rich are ready to buy real estate with all the spending by the Biden administration in its attempt to make life "fair."

@agtsmith87

Ай бұрын

Sadly it's mostly companies like Blackrock that are inflating prices and taking the inventory. Many localities across the country are banning corporate entities/companes from purchasing home/condos. Read up on it, we wouldn't even have a housing problem if companies were banned from purchasing homes.

@paula4910

Ай бұрын

IF you are over 62 you get a reverse mortgage HELOC and as long as you live in the house you do not have to pay it back. So I could pay a million cash then reverse $500,000 which pay for the house expenses the rest of my life and when I die the estate can sell the house and pay the feds back.

@WELVAS.

Ай бұрын

There's a lot of upper class earners in the US who can afford it. So they can outbid most of the average middle and lower class consumers

@joefunk76

Ай бұрын

Everyone doesn’t. The top few percent of earners do, and that is the only faction of America that the ruling elites have deemed worthy of home ownership going forward.

FJB

@jamesfountain6183

Ай бұрын

True dat

@user-wu8sj3ee3d

Ай бұрын

Aww, Christians being Christians.

@solice8844

25 күн бұрын

Amen.

Mortgage rates need to be 10% plus.

@maxpain7197

Ай бұрын

How you come up with that?

If rates go down and home prices go up they really counter each other. What people are looking for is affordability in the long run. More and more people are spending 50% of their income on housing or rent. I would keep rates high to help with our inventory crisis in America. I want a president that will focus on making America affordable again.

@Jenna-zv6ve2sx4u

Ай бұрын

that would be trump!

@farmerthatflies

Ай бұрын

I’m afraid it may be too late

Thats not how it works. Noting is selling now, people are waiting for the rates to drop. Who would buy now?

@maxpain7197

Ай бұрын

Your crazy if you don't think people are still buying right now.

@avenger1212

Ай бұрын

@@maxpain7197 There's always people buying and selling houses. But it's undeniable that the number of sales happening are historically anemic.

This is disgusting. I make over 3x. What my parents made combined and still can’t buy a home. This government sucks Stop giving Americans money to other countries. Fix ours first. No excuses you greedy tyrants

"prices will continue to go up" lol, at what point does that "expert" think buyers will stop qualifying for loans? The sky is not the limit

The US government is making a ridiculous amount of money on property taxes alone due to the high cost of a home. It's appalling and it should be regulated.....

Rates would have to crash for a "buying frenzy" to come back. Some buyers might come back into the market, but a percent or two drop in rates isn't going to do much to combat the hugely overvalued house prices. And the FOMO effect has cooled and people are taking a much more objective look at the market now. Too many talking heads predicting a return to insanity. It's not going to happen. It's more likely prices stay elevated and return to a more normal year over year increase, which is bad enough in it's own right given the overvalued homes and interest rates. Expect more gridlock IMO.

Blackrock will own akk houses in 10 years

People who purchase a home at this point are completely ignorant...

I bought a small unit in a duplex about 15 months ago for the sole purpose of living there for maybe 2 years while I stack money on the side/try to earn more money from moving up at work to get something bigger later. Now I'm just kind of hanging onto it until the interest rates go down. I got it at 6%. I remember seeing articles about the rates going back down to 5% by the end of that year and now they're going up instead.

I think inflation is here to stay also. Before 2001. Rates were mainly at 5-6%. The rates of last 20 years was an anomaly

That's what they said in 2006 and 2007.....

@ebutuoy5088

Ай бұрын

No

Been higher with this losers administration

It’s over for Americans who aren’t rich.

How could houses go up in price? With rates up for longer like he said..he is wrong, people can't afford these overpriced homes .

Theyre realtors... what do you want them to say?

Even if there is a cut it will be either .25 or .50max. That will surely qualify more for people to debt but a buying frenzy we saw at 2 % ? Doesn’t make any sense. These experts have their own skin in the game. They want you to buy homes.

Supply of housing in my area is very tight. That will keep prices up higher than normal.

Politicians want high house prices because that brings more property tax and that means more spending...It's a vicious cycle.

I am not agree that prices will skyrocket if the interest rate goes down. A lot of people who has 2-3 houses will start selling because we get a lot of equity build up in houses. However, it is hard to compete with new construction for regular sellers. Moment when interest rates will get better used houses will go back to market.

I'm in Kansas and houses here go under contract within days of listing, at or even above asking price. Only exception are houses that are wildly overpriced or else have some serious problem (like a foundation issue). Foreclosures are also steadily rising, but realtors are trying to sweep those under the rug--realtors HATE foreclosed homes.

Don't lower the rates it's the simple.

This country is in a hellhole.

Every American veteran should receive a free and clear deed to a home for their service. Not rats from Central and South America. How about we start there! Anybody who wants American citizenship must first serve it's military for a minimum of 5 years, no serve, no stay, period

@gerardfernandez3467

Ай бұрын

haha..the govt gives out billions of dollars for foreign aid...but not to us..😂

@paula4910

Ай бұрын

That is ridiculous, so some army cook or supply administrator should get a free house?? I don't think so

@bodhisattva6308

Ай бұрын

Like who are you fight against? Cut the budget for wars

@johnevans1969

Ай бұрын

You haters only show and prove your ignorance with your elemental reply. There wouldn't be a United States without our veterans. If you have commitment to your country ,you appreciate that country unlike you worthless bums. It's not free, it must be earned, that's my point.

@dkslots8737

Ай бұрын

Dumbest idea ever

Bought home in expat community in mexico lol. 160 cash. 3bd 2.5 bth roof top patio overlooking Lake Chapla. Stay thirsty my friends

Lower rates will also increase supply of homes from both existing homes and builders. Some are predicting lower rates will actually soften housing inflation not accelerate it

Houses are still selling over asking price with multiple offers in under a week where I live in Northern California. Not enough houses on the market due to people hanging on to low interest rates. Rates going down would bring in even more buyers, but they likely will never go down enough to entice those with sub-3% rates to sell, so the inventory shortage will worsen and prices will continue to go up. I feel pretty lucky that I bought my home in 2020 when interest rates were low (2.5%) and before prices sky rocketed because I don't envy anyone trying to buy today. I can't speak for the nation, but it doesn't look like prices are coming down in my neighborhood anytime soon.

There is an impending stock market correction (greater than 10% drop in stock market) that will moderate the housing price increases predicted by Ms. Corcoran or the guest on this Fox show.

All we need is people to get laid off and sell

If rates go down, and the market skyrockets higher, wouldn’t that increase inflation? Wouldn’t housing costs , along with rent and insurance, go through the roof effecting all parts of the economy raising inflation everywhere?

Have to have new home buyers for the market to be healthy and that part of the market is already in crisis. Homes are way way over priced...it WILL correct IMHO it will be an huge correction.

The funds rate has nothing to do with mortgage rates. In fact, the Fed could be cutting the funds rate pretty hard, and mortgage rates could continue to go even higher. In January 2008, the Fed has already cut the funds rate to 4.0% (from 5.25%) and mortgage rates were around 5.5%. By July 2008, the Fed had cut down to a 2.0% funds rate and mortgage rates were pushing 6.75%. Despite what the chart says mortgage rates in the real world went higher than that at the peak, and I remember mortgages did not go sustainably below 6% until late 4Q 2010 after the funds rate had already been effectively 0% for nearly two years. Barbara Cohen and this guy got bridge to sell you in Baltimore. This "if the Fed cuts the funds rate, home demand and prices will go through the roof" nonsense is exactly word for word what they were saying in 2007.

Nobody can afford current prices, sells will go down.

If the rates go down, more people will buy. How is that bad🤦🏽‍♀️

@richards31415

29 күн бұрын

More people buy --> higher demand --> prices go up

I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. But then I'm still aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

@DennisJack-km8ho

24 күн бұрын

Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.

@Sampson-jh7yq

24 күн бұрын

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

@jose2212-

24 күн бұрын

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

@Sampson-jh7yq

24 күн бұрын

Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@RuthEvelyn-rc3bg

24 күн бұрын

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

Barbera Corcron is making statements to benefit her, so is this guy.

He is absolutely right. The housing market is forever wrecked in the United States

So by lowering rates home prices will go up and cause a buying frenzy? Is there ever a time when people choose not to overpay for a house that truly isn't worth the inflated price?

I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins. When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.

@Raymondcraw1967RaymondCrawley

21 күн бұрын

Cryptocurrency is booming, notably giants like BTC and ETH. Yet, the market's rollercoaster nature is testing even the hardiest investors. which is why we should look out for proper market analysis or alternatively seek guidance from certified market strategists

@BrewerVera

21 күн бұрын

The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

@FaithAndrada-xo9ou

21 күн бұрын

greene who is your advisor please, if you don't mind me asking?

@BrewerVera

21 күн бұрын

‘Whitney Kay Stacy’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@FaithAndrada-xo9ou

21 күн бұрын

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

My fiancé and I moved bought our first house and both our families said just wait it out the prices are crash right now…. We didn’t listen and bought in 2021…. Best choice we ever made. Now a house that is 500 square feet smaller than ours is 50k over the price we originally got ours for.

If you voted Biden / Harris, you voted for this. If re elected, we are all going to be homeless.

They are assuming that all of the pent up buyers don't own a home already. It's more likely that people waiting to buy are also waiting to sell which will wash out any price increases. What will drive prices up are first time home buyers. They are stupid if they think first time home buyers are going to come in at 6%.

@maxpain7197

Ай бұрын

Bought my first house 20 years ago at 6%

@maxpain7197

Ай бұрын

Parents bought their house almost 50 years ago at 13%. Probably should look back on interest rates over the last 50 years.

Barbara is 100% wrong. We aren’t waiting for interest rates to go down, we are waiting for home prices to go down.

When you come to expect “free”stuff you’ll run up cards an file bankruptcy “feeling”entitled. Add that.

What we need are more houses...

So as a current homeowner all I am hearing is $$$, my house value will go up and up!! Very nice 😊

It's not just the interest rate. It's the overpriced houses. There is no housing shortage, just an affordable housing problem. Your common home should never be over $100,000. And no 3 bdr home needs to be anymore than 1200-1500 square ft.

@davidchupp4460

Ай бұрын

You can’t build a new house for that. Your opinion isn’t based on facts.

@marioremondino9837

Ай бұрын

Those prices were like that from 2010-2020. So 10 solid years of cheap homes. And cheap rates. Real estate is timing always has been

@BradSabako

Ай бұрын

A very naive comment, from someone who doesn’t have a clue about current hand prices, material costs and 20 years of slow building.

@ebutuoy5088

Ай бұрын

What a stupid ignorant comment

It’s simple. Most people have a lot rate right now, people will have to sell their homes for various reasons. No one will buy them are be able to afford the payment so the price gets reduced. I’m seeing it here in Orlando already

Democrat black hole spending diluting our dollars and creating relentless inflationary prices across the board is the problem . . .

Good let it go up in price, what goes up will come down.

Must be the same expert Fox Business used to predict a grim fate when the rates went up!

When - and how - did a home become more of an investment than a place to raise a family?

Inflation is here to stay and house prices will keep going up. If the materials to build are up how can houses to down.

@maxpain7197

Ай бұрын

Well and population will only increase. Every day there are new people in the market.

@nunya5766

Ай бұрын

​@maxpain7197 nope, we are at zero population growth now, why do you think we have opened the border?

@maxpain7197

Ай бұрын

@nunya5766 LOL. Ok.. And guess everybody stopped having kids for the last 20 years. And we didn't open the boarder for population growth. You must be from some other planet.

We need loan rates around 4 percent it’s not fair for others who are currently trying to buy a home my advice would be is to save as much as possible get a trade instead of going to college and try to learn as much as possible

Rates should go up which would force the prices to come down.

This guy is 100% correct! I've been saying this over and over. Rates need to go higher or salaries need to increase dramatically and yeah that ain't happening. Sorry if you don't own a home. You're screwed and I hate saying that.

Interest rates are up, housing prices are up, and property taxes increased by 29% here - but if you live in a hot market, your house will sell.