The only reason agents are pushing buying is because they are starving for commissions.

@mbanderson83

23 күн бұрын

This is exactly it. My local realtors keep telling everyone how fast homes are selling. I can literally look on Zillow and see the inventory and price cuts sky rocketing in my area. They are a huge part of the problem.

People right now is not the time to buy anything!! Don't buy anything not a stick of gum or a pink Cadillac!!! Nothing! Pay off everything! Don't Buy! Pay off!

Renting now and waiting as well as looking and tracking 😊

@markphillips9822

23 күн бұрын

I'm doing the same.

@TheRokaphella

23 күн бұрын

Smart. Seeing prices come down and houses SIT. 😂

@cpK054L

23 күн бұрын

@@TheRokaphella eventualyl when the prices fall low enough, guess what? They won't sell it, they'll rent it instead.

@marksgoogle4360

23 күн бұрын

I will stay renting as the economy is starting to flop

*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

@louisajame

23 күн бұрын

Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Andrew Stella 🙌

@decloud667

23 күн бұрын

Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

@clarawealthy44y-ex2dt

23 күн бұрын

Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Andrew Louis Stella, has been an amazing experience.

@kateAshley-ly6jh

23 күн бұрын

Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still believe in God

@HelenCynthia-xf8tp

23 күн бұрын

I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Louis Stella 😊🎉

The continual shaming of and condescension towards renters by owners is getting tired. Not everyone can or wants to own. Not everyone is able-bodied and financially savvy enough to maintain a house which by all accounts is very expensive. Some people don't want the hassle/stress of home ownership. Remember that movie "The Money Pit"? You can save a lot of money renting, it depends on your situation. I'm a long term renter who lived frugally, started investing in my 20's and my net worth now in my early 60's is over 2 million. I never married and as a single woman with a partial disability 10 years ago, I don't want to own a home by myself, it does not interest me. Condos? I've looked and there was always an issue. Not to mention dealing with HOA's, assessments and condo board members. I would have bought a house with a partner (almost did) but it didn't happen. Sorry folks. Renting isn't perfect and neither is owning. Sooo many people hassle me about being a renter! I don't hassle them about their weight, diet, alcohol/drug use, clothing, car or marital status because I'm a polite person but as a lowly (millionaire) renter I don't get the same respect. Interior decorating and picking out paint colors is just not my thing, sorry! I know I can buy but I don't want to at these prices. Smug and entitled "owners" need to be content with their own life choices and stop shaming renters. Peace out!

@Ed_1957

22 күн бұрын

Totally agree. Home ownership is no longer the American dream... maybe it will be again someday.

@shineurs2

18 күн бұрын

You took the words right out of my mouth. We have not been interested in home ownership and preferred to rent.

THANK YOU FOR SPEAKING TRUTH ABOUT THE REAL PROBLEM WITH THE HOUSING MARKET......OUTRAGEOUS HIGH PRICES, OUTRAGEOUS HIGH PRICES, NOT INTEREST RATES!

As I have been saying...80 percent of the US housing market is 40 to 50 percent overvalued. The cracks are now starting to show and the get rich quick crowd has disappeared. Buckle up!

@tlindsay1007

22 күн бұрын

Agreed. I just can't imagine buying a home that's so overvalued. If this market corrects to where it should be, people who bought at $50k+ over value are going to be hurting, in most cases.

@utpharmboy2006

17 күн бұрын

​@@dan-qe1tbthe cracks are starting to show

I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but I'll also have at least one pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Retiring comfortably in the US these days is almost impossible.

@AliciaSalvadore

23 күн бұрын

Abby Joseph Cohen hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I’m stoked because I’m heading into retirement with almost a million bucks in my portfolio. I love people with their doubts about the prospects of financial advisors like Abby Joseph Cohen in business/markets today. Gives me more time to get ahead while they stew in their own pity and doubts

@MarineMaester

23 күн бұрын

I could really use some help here, as a meagre salary earner I need to try and earn more passive income

@MarineMaester

23 күн бұрын

​@@AliciaSalvadore How can i reach this abby Joseph Cohen, if you don't mind me asking?

@AliciaSalvadore

23 күн бұрын

​@@MarineMaester Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@Merissabade

23 күн бұрын

Abby Joseph Cohen Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

Another issue is people not being able to save the 20% down.

@mqtinc

23 күн бұрын

20% aint enough in this market anymore, I am currently saving for 40% down at the moment... absolutely BONKERS!

@SleepyNeo

23 күн бұрын

@@mqtinc agree. In my area, I would also need 40% down with the current asking prices. Only hope is for a drastic reduction in asking price or moving 1.5 hours away, commuting twice/ week, and having the wife stay at home.

@mqtinc

23 күн бұрын

@@SleepyNeoyou must live in California too! Haha

@SleepyNeo

22 күн бұрын

@@mqtinc yup, I grew up in a beach town between Los Angeles and Santa Barbara.

@LockedUpLarry

22 күн бұрын

Banks love this fact!!!!

Thanks for the clarity!

New homes started the downturn last time too. I got my house in 2009 for almost half of what some paid in the new construction neighborhood I live in.

@cpK054L

23 күн бұрын

new construction has their own problems, such as rushed builds, shotty worksmanship and cutting corners. older houses, the first owner had to deal with all of that.

@justintime2311

23 күн бұрын

@@cpK054L you're right about that! Turned out my oven was wired into my neighbors electrical panel... Didn't find that out until I'd been here for 10 years lol.

"The data is in" shirt -- You got my $$ lol

Moving s-u-cks!!! Good luck Mr Bonkers :)

This guy has been saying the housing bust is coming for years.

@nonyaisinuse

23 күн бұрын

Because it has been coming and now its here. The correction has already started and it will get worse.

@user-si9wp1cj8m

23 күн бұрын

Housing busts take years to happen. Seeing what's coming ahead of time is an advantage.

@CrashBr0

23 күн бұрын

Booms and busts have happened all through out history. The run up in price and unaffordability of housing in the last few years screams bubble. It will happen at some point. Wages have not kept up with mortgage payments. If we see a major downturn in the jobs market, It will be quick.

@House_hacker_619

23 күн бұрын

@@CrashBr0unaffordable to median Whoopi doo. You forgot most homeowners now are very qualified buyers

@user-gr8bx7sy5d

23 күн бұрын

Another youtuber who failed in life

We would all have that house if the pos gov would stop using my tax dollars to stimulate.

I don’t know. And I’m starting to get skeptical. You put out a long ass doom and gloom video on Friday about 900 foreclosures in Irving Texas which is in my backyard and I have yet to see it materialize. Perhaps a lot of this other stuff that’s being said on here is just exaggeration mixed with wishful thinking as well and there’s not this massive downturn but, just a slight reduction in price in some places.

@brushcrawler8612

23 күн бұрын

The market activity is night and day between zip codes.

@Jack-pd4ps

23 күн бұрын

Yup I don’t see any signs of a crash in my area.

@david_lawrence_h2703

23 күн бұрын

Great assessment. "The sky is falling" but here we are. Homes still unaffordable. Bidding wars. Until the headline is "home prices have crashed by 50%", this is all speculative. "Crash Bros" videos will also be watched by those with "wishful thinking".

@MsTuliplady

23 күн бұрын

I'm feeling the same way. Im seeing price reductions and softening in my area, but wait another 2-5 years to have it be affordable again? No thanks. That's rent that could be applied to your home. It's not worth it for me right now. I'm. It desperate, I'm just totally over waiting. I want to wait in a place that makes me happy.

@shineurs2

23 күн бұрын

​@MsTuliplady when ya' have no choice, ya' te.d to go with it to be happy. I don't know about you, but we need to do everything we can NOW to secure housing as we approach our retirement years in 15 years.

The decline in prices are happening in baby steps.Nothing significant until we see thirty percent reductions. Back to prepandemic pricing

Seeing 100k price cuts in the DMV

@TheRokaphella

23 күн бұрын

Them haircuts are fun to watch😂

@k.scottphillips8933

23 күн бұрын

Where?!

If we were serious about counting inventory we would use satellite images rather than surveys.

I always appreciate your analysis, Travis!

There are houses right now in different states that are going down more than 150k, houses are definitely going down in price, but you should know how to look for them, for my part I will continue waiting until November.

Are the big investors going to dump any homes? Black rock vanguard etc. These guys maybe just buy more and we never see a huge drop in prices like we seen in 08

@brushcrawler8612

23 күн бұрын

@@JV-zt8lc 🎯 Theres no doubt they will continue buying while retail sits out.

@crimson.source

23 күн бұрын

100% buying is still happening. Homes won't be dumped as keeping as many people renting is the new trend (Unlimited passive income). Any investor who bought at peak, is just buying the dip right now (and when interest rates drop in the next few months, then refi). I know, I know, Home Inventory is at 4 years highs, but, it is still at historic lows.

"But a market correction can't happen! Something something supply and demand and remand and command blah.blah blah" - people pretending 2008 didn't happen.

Lennar homes are shit, I hope they would do price cuts lol

Good luck on your move and next home 💫

Choosing to rent as long as you have is interesting. Could have locked in a 3% interest rate years ago (lower than inflation). Waiting for a crash that won't happen nearly to the magnitude you're suggesting.

@cpK054L

23 күн бұрын

instead of building equity, they are throwing money onto someone else's equity.

@ladycactus110

23 күн бұрын

True. I’m no fan of renting, but sometimes you have no better choice.

@michaelward9201

23 күн бұрын

And worse of all the months worth of rent he waste is way more than whatever discount he thinks a crash will get him. Thats not even including appreciation smh.

Dont worry chicken little, the sky will crash long before these prices and interest rates do. Get used to it.

It's definitely alarming to hear about a default cycle, especially in the context of the housing market. Defaults can lead to foreclosures, and that has a cascading effect on the overall real estate landscape.

@luigijohson6732

23 күн бұрын

While it's concerning, it's important to look at the broader economic context. A default cycle doesn't necessarily mean the housing market is completely finished; it might signal challenges, but markets are dynamic, and they can recover.

@susanlisa3782

23 күн бұрын

But if more people are defaulting on their mortgages, doesn't that mean home values could plummet?

@danialwiren2403

23 күн бұрын

Yes, that's a possibility. An increase in foreclosures can lead to an oversupply of homes in the market, putting downward pressure on prices. It's the basic principle of supply and demand.

@patricia_nura3378

23 күн бұрын

How can people address concerns about their property values?❤❤❤

@danialwiren2403

23 күн бұрын

Now might be an ideal moment to reevaluate your financial status. If you're worried about your home's value, consulting a real estate professional or financial advisor could be beneficial.

Can we all pitch in to send Dave Ramsey a bonkers shirt? 😊

@mhodge0890

23 күн бұрын

🤣😂

@chefgromano5025

23 күн бұрын

And Zuber ORAT

@lisalove8526

23 күн бұрын

😂

@brianmatthews4149

23 күн бұрын

He's a tool.

Good luck with the move! Congrats on your new house 🎉

We need the merch Tarvis, bonkers!

You, Melody, Travis, Todd, the Good Lord, and others saved me from making an idiotic move. Thank you!

I’ll believe it when it happens

I REALLY dislike where Im renting. For so many reasons (space, neighbors, etc). Saw a couple of fixer uppers and was told that the flippers didnt want them. We can do most of the work outselves... But the math is this: I live in the NE, where homes dont depreciate like in other places. So pay $75k extra now, or spend $40k in rent waiting 2 years and hope prices do go down 20-30%. We know its the top ofthe market, but buying a fixer upper and spending the next two years making it a real home, might just be worth it. Tired of waiting to "start a teal life" again. When you dont even have the parking space to invite friends over... Or even a place you can work on your car, for years.. Is waiting worth it anymore?

Travis, I think we are close to a year of supply of new homes in Colorado.

Just contracted a new build Lennar home. Got 35K of a 610K home. Plus 23K closing cost, 4.99% financing and got an additional 4% towards down-payment/principal. I am OK if the market drops. Putting down 55% and will be staying here for 15+ years. In addition got the exact home that conforms to my wife's Feng Shui down to the year, month, day, front facing, address number, site number, and street name!!!!! I am happy with the purchase. Could not of have gotten the deal for the last 3 years or home site!

I dont think that will happen in SAN DIEGO

Here in Maine I have been seeing a lot of price cuts But not sure if this is just a temporary thing or not

Totally Bonkers Brother 😮

We rented before we bought. It was nice not fixing everything when things needed to be replaced. Just calling the landlord was kind of nice. Prices are going to drop. It’s so expensive to own in this economy.

@Jack-pd4ps

23 күн бұрын

It’s expensive to buy right now. It’s cheaper to own right now if you bought before Covid.

@Patricia197y

23 күн бұрын

​@@Jack-pd4ps yeah I got lucky to buy before covid. I think condos are going to crash soon though. Condo at the beach are too high no matter when you bought it (HOA).

@Jack-pd4ps

23 күн бұрын

@@Patricia197y I like owning better. You don’t have to deal with careless rental office employees. Most don’t live there. They seem to be nice people when you’re signing the lease then flip on you when you have a problem with something or have a loud neighbors. A renter has to deal with rent increases while homeowners have a more stable mortgage. My mortgage barely changed the last 4 years while my old 1BR passed it in 2021. That place was 3 times smaller. The rental experience is horrible and I don’t want to rent from anyone again.

WI resident, Milwaukee is no shock that city is an absolute dump

@gregolas597

23 күн бұрын

But their tools are fire tho

When you are settled in your new home could you talk about navigating selling then buying a house? I am looking to use my equity to have a smaller mortgage or no mortgage. I will be buying out of my area and I am watching 4 markets, so confusing. I am looking for “ wedge”, I continue to save, live frugally and maintain my home. Is there a good or better time to sell and then buy? I am taking your home buying course. I am learning quite a bit. Love your videos. Thanks!

I just found the "Thanks button". Please let us know in every video how we can support. PLEASE... dont be shy. We need a reminder!

West las Vegas. Saw a new track of homes with a big sign. New homes for rent.what does that tell you.

I would like to know what states are predicted to still do good in real estate.

Thanks!

@realestatemindset

23 күн бұрын

Thank you so much for the support. I hope you found value in the video!

I'm starting to believe it may never happen, the FED will come in and drop rates to zero immediately and prime the pump again. Though a correction looks obvious at this point, there are games being played at such a level we've never seen

@phreedomphile

23 күн бұрын

Absolutely a ton of games being played but low interest rates would likely be very unpopular as most are fed up with inflation and that connection is difficult to camouflage. What you don't know is there are government programs being set up to subsidize all forms of housing to be managed by large corporations and private equity. These P3 public-private-partnership programs are admitted to in Wall Street Journal and are termed social impact financing (aka human capital markets). WSJ reported in the last year large investors and pension funds are lining up to buy these new 'markets'. Looks to me like the economy is unraveling before these systems are well established.

@resnonverba3351

22 күн бұрын

That game cannot be played again,, as it would lead to massive inflation. Don’t count on it

@utpharmboy2006

17 күн бұрын

fed wouldnt lower to 0 until its already crashed big....i think it will be a correction and fed lowers to 2% because that is the inflation rate they are after. that should put mortgages in the 4-5% range and stabilize prices after a 10-25% drop from current values. this seems like the road of least resistence but who tf knows. people on here proclaiming this will or that won't happen are full of sh1t. nobody knows.

You'll get Bye-denz remorse !!

Good luck ❤️❤️❤️

I wish MA went down but nopeeeeeee. Some areas keep going up and the houses that are going down are ones listed high than going down just a little. People are still over-bidding over here on most move-in-ready homes smh.

You keep talking about my market Nassau County NY, this is Long Island NY the suburbs. The correct way to say it is (Naa saw) 👈🏾

@SigFigNewton

24 күн бұрын

Why didn’t y’all just name it “didn’t see”

I live in Brevard county and houses 700k and above sell quite fast. These homes used to be about 350k in 2019/2020.

@markdittbenner9949

23 күн бұрын

Corin you should go buy a couple of them..😂😂

@user-si9wp1cj8m

23 күн бұрын

Home prices have doubled in my area, too - a small town in Maine. They have to come down at least 50% to be back to 2019 prices.

Asking prices are still clown world. Where is all the new inventory coming from? If from large investment firms, how are they dealing with the losses on these homes they purchased in 2019-2020?

Bonkers tshirts 💙💙💙

When do you go live? I have been following you for 8 months- I would love to send you $$$ for all the education that youve given me- but I sometimes dont catch your live but always see the new videos daily and dont know how to send you $$$. Please put a link in your videos or description and mention - something about "you can support this channel..."

Clarify this is not all the states .

Hey, what about buying new homes with special rates offered by the developer? Is it still a terrible time?

There will be a correction, but it is going to be way worse for commercial. And most commercial cannot be easily converted to residential. COVID really messed up the commercial real estate market even more than residential. Some people are back to the office or hybrid, but there's more fully remote work than what people predicted now years after the worse part of the pandemic. COVID is still around, but it is not nearly as bad as before.

Rates are more normal now. I’ve seen much higher. Prices are too high.

@miriamstevens

23 күн бұрын

7% rates are low, used to be 12-15%

Vermulion is a stock analyst. What he does not understand is that builders will reduce prices to maintain sales volume. It is the resale market which will collapse first

What about California market

The first wave of foreclosures will be sold at overvalued prices for the most part - by the impatient and the suckers . Then the 2nd wave of foreclosures will be where the price deals come in.

This is just doom and gloom at this point!! Listening to this guy you’ll never buy.

@Jack-pd4ps

23 күн бұрын

Some people are still renting because of this information.

@PoliSciGuy

23 күн бұрын

@@Jack-pd4ps why? It’s just fear. Selling fear.

@phreedomphile

23 күн бұрын

@@PoliSciGuy Is there a long-standing consensus in economics that overall stable home prices reflect a fairly consistent ratio of mortgage to income? How is showing that ratio is currently distorted "selling fear"? Walgreens is looking to close 25% of its stores, many restaurants are closing, others are struggling. Feds moving to have taxpayers back second mortgages, credit debt at all-time highs, and interest on the deficit is a trillion dollars this year with the debt balance rapidly growing. You can call it "doom" or reality.

Rates in Canada last 16 years are in the 3’s. Prices are 30- 40% inflated judged by long term average and affordability.

Mahalo 🤙🏽🌴🇺🇸

Absolutely or abbbssssolutely?

SELL NOW AND BUY LATER

I just bought a house but the seller gave me $30,000 credit 0 down

I think everything will go back to 2012 prices

So now I know who has been buying massive number of homes in Miami!

Unfortunately, the banks must be bailed out. Fractional reserve banking means all banks are technically insolvent. Unless you want mass bank runs, massive deleveraging/ deflation, Great Depression NO. 2.

@xekis

23 күн бұрын

Bailout would just be kicking the can down the road. It gets worse and worse each iteration because we can't take short term pains. Then banks knowing that they will be bailed out do stupid things.

@ladycactus110

23 күн бұрын

Smart political moves could fix that. Stop allowing banks to lend moolah they don’t have a substantial reserve for. The insanity has to stop.

2021 was the worst time. 2022 was the worst time 2023 was the worst time 2024 was the worst time. Now 2025 is the worst time. I mean eventually the nth time will actually be the worst time, broken clock something something twice a day?

I don’t get it. You’ve been complaining about housing being unaffordable for the “average” buyer for so long. Yet now that a price correction is going on you all it “vicious “. How about calling “fantastic” or “long awaited” instead of just the usual inflammatory and contradictory rhetoric?

Moaning about turning 40? Try 68.

Question is will a correction get to historically resilient markets like Seattle/Tacoma

@david_lawrence_h2703

23 күн бұрын

Or the many dozens of other markets in the same boat. Take the doom with a grain of salt. Not saying it can't happen but 10% drops on million dollar homes mean nothing.

Wait until you turn 60. The body will be worn out. I work at a job that I have to work very hard. Re think about what you just said about being 40?

@brianmatthews4149

23 күн бұрын

65 and working the same amount of hours 5 days.

I buy now is bad, sell now must be good.

Bonkers. Looking for hats and polos.

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

@Johnlarry12

18 күн бұрын

I recently sold my home in the Boca Grande area and am considering investing a lump sum into the stock market before the anticipated rebound, couple of folks have been discussing a potential May rally, speculating on which stocks may experience substantial growth during the festive season. Do you have any insight into which stocks these might be?

@MarkGrimm8

18 күн бұрын

It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance

@Georgelarry33

18 күн бұрын

You're right! With the help of an experienced coach, I made some changes in my investments. I started with $321k, and now I have more than $750k by investing in stocks, ETFs, and bonds. I think housing prices won't go down much until there are more houses available.

@carolpaige2

18 күн бұрын

Who is the coach that provides guidance for you? I urgently require assistance; my stock portfolio is stagnating, and I need investment advice for retirement.

@Georgelarry33

18 күн бұрын

My CFA Carol Vivian Constable, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

Wow a entire 11 hours

not sure.

dont forget to buy high and sell low you guys!!! perfect time to buy when houses are losing value! you cant go wrong!

Good luck with your move!

Yep will correct for the remainer of this decade

Zilinski bought his wife a 400.000 bogatie .she said thank you America.

Great info, but your audio needs work.

Do you have the rights to the image from Trevino? The builder for the house on your thumbnail 🤦‍♂️🤦‍♂️

Assets in a bank is not money. You have programmable credits.... Gold and silver in your safe is money. Litecoin is a commodity and is hard money. Sorry bank holder

Bonkers

BONKERS!

👀

Title correction => EXPERT: Housing Market Headed For Vicious Correction

How long are you guys going to keep saying that the "market is going correct" The only people losing in the housing market are the ones trying to turn a buck on either direction. I sold my house in literally 3 days, I priced it based on what others' sold it on per sqft, given that it was the ONLY house in the neighborhood, and the fact that it was a starter home within 25 miles, it wasn't that hard. I ended up buying a newer bigger home because 1. the mortgage was barely more than the monthly rental for a 3bd/2ba APARTMENT to a 4bd/4ba house that is 3400 sqft from a 1700 sqft and it's literally 30 years YOUNGER, it also came with it's own pool and an extra garage. I'm not WAITING on a market while I pay some corporate 3400/month on a month-to-month until I find a good priced house. I don't ever intend to sell this house, and I have a guaranteed income that pays this (unless the GOVERNMENT itself collapses) You guys keep waiting and eventually the people who are holding onto the houses will start to realize that it's not worth selling REAL estate. If I do end up needing to move, guess what? I'm not SELLING, I'll put this on a rental until I need the house back. Selling the house was the biggest headache ever and I don't ever want to experience that again. Good luck to everyone who still haven't decided to own a home, it's not about "timing the market" because you have 3 things that are going against you 1. Land is finite 2. People die in those homes 3. The dollar loses purchasing power every year.

@michaelward9201

23 күн бұрын

Excellent comment. Especially the 3 things at the end. Very well said. Waiting is a VERY poor choice overall but ESPECIALLY if your trying to time a market bottom. This channel gives horrible advice!

bonkas

For the algorithm.

If you listen to this channel and are renting and waiting to time the perfect market opportunity before you buy a home, well you just might always be renting. There is never a obvious perfect market oppurtunity. In summer 2021 people like Travis told me I was buying the TOP of affordability. Today people would sacrifice anything to buy with those 2021 rates and prices. Time in market> timing market. He even admits how stupid impossible this is yet still recommends you do it 🤦🏿‍♂️.

@Bridin84

24 күн бұрын

😂😂😂 some folks still love in lala land... A lot of folks purchased in 2021 and are about to get molly whopped due to current economic conditions. Greed and propped up economy doesn't bode well for people who see value in being patient

@michaelward9201

24 күн бұрын

@@Bridin843% rate and a 120k in appreciation alone like most from 21 pretty sure we will be just fine. Good luck timing the market and playing musical chairs agaisnt hedge funds. Not sure how you expect to buy with so little of that inventory ever coming back.

@Jack-pd4ps

23 күн бұрын

Facts! The People who were criticizing FOMO buyers in 2020 are the same people who are now saying “They got lucky” Some of these crash channels are the reason people are still renting today.

@Jack-pd4ps

23 күн бұрын

@@Bridin84The people who were waiting for a crash were also greedy. They just thought they were going to get something for cheap. That’s greed as well. The people waiting for the cash lost out and didn’t get what they wanted so now they’re blaming greed on the sellers.

@prashanthb6521

23 күн бұрын

That equity you are sitting on will get wiped out once the downturn starts. Dont get too comfortable.

bros been making these videos & NOTHING HAS HAPPENED.

Bonk

*"who wants to be a trillionaire!"* rolls on. Gonna need a Railroad to move that much cash... just dump it all on some property somewhere i guess. Long bulldozers strong buy..

People like this have kept you from buying property. Remember a broken clock is right at least twice a day

@k.williamelliott7969

23 күн бұрын

High price, high interest rates, high taxes and high insurance have kept us from buying. Would be the case if I never saw one of Tavis's videos.

@Andrew-pv8oz

23 күн бұрын

@@k.williamelliott7969 if you can afford to buy you should buy. If you can’t afford it then yeah wait.

@cpK054L

23 күн бұрын

@@k.williamelliott7969 here's the difference between home ownership and renting. home ownership, if you have a mortgage, that rate is LOCKED whether it is 10-15-20 or 30 years if you get things OTHER THAN variable rate loans in a rental, you are at the mercy of your landlord, and if it's a corporate, you bet they'll price your ass OUT. it happened to one of my coworker, her rental ended up being so high she had to move. Her old ass should have bought a house YEARS AGO.

@k.williamelliott7969

23 күн бұрын

@@cpK054L Have you ever bought a house??? Mortgage may be locked in but taxes and insurance go UP every year which increase your mortgage payment to cover increased escrow requirements. No need to explain ownership vs. renting to me. I have done both. Guess who gets to cover the added repair expense when the A/C goes out or the toilet is clogged. That is all on the homeowner. So, your friend that should have bought years ago would probably have been taxed out of her home. No need to respond back until you get more life experience.

@cpK054L

23 күн бұрын

@@k.williamelliott7969 first, she wasn't my friend. I hate that loser. Second, tax exemptions Third, once you fully own the house there are no escrow you are released from the insurance. Also, learn how to do maintenance and you'll save money. With youtube around, it's damn well easier to save money. You don't think rent jacks up willy nilly? It's much harder to get approved for rentals now