Missing This HOUSING MARKET DEADLINE WILL BE PERMANENT!

We're in our forever home at 2.5% and not in the market to buy or sell but I watch interest rates at our credit union. Just this week, they went from 6.6% to 6.8%. That's for a 30-year fixed rate with no points. Keep in mind that it was a year ago this week that UBS, the largest private bank in the world, said that the FED rate would be 1.75%-2% by now. Riiiiiiight.

Cant buy a house now...4 years ago was helicopter money...

...Here in Old Naples, if you bought in the 70`s for 150,000, your home will be demolished & cleared in 2 days & your land sells for 7 to 10 million easy... ...Old Naples Florida🌴

They can make it work like they have befor...by taxing the rich

We have lived in Orlando since 1993. It was always inexpensive, even homeowners insurance until Covid hit and everyone moved here.
We plan on leaving the state in 2.5 years due to crazy insurance premiums. Four years ago we paid a combined 3K for home and auto, we now pay 14K. That extra 11K, that took away our vacations and savings. It is insane.

100 year ago many if not most people didnt own unless you were a farmer. There was a lot of taking advantage of people during thecindustrial revolution. companies would scam people into homes only to add fees and make them lose the house after a few years and repeat.

Buy a house because inflation

Micheal. Study everything the WEF puppets say. You will own nothing and be happy . Yuval Noah Harari said in response to all jobs being AI in a few years , and what will we do with all these people ? “ I guess we will have them playing video games” 👀 I know your subscribers are fairly normie and unaware of the matrix , but the plan is make everyone destitute to cram down CBDC and UBI with all, the techno feudal strings attached including merging man with machine. Research EctoLife. The Ruling Class is already preparing for BlackMirror . When this cram down event happens Do Not Comply. That’s all the matters.

It’s a trick like a care salesman saying this offer is only today.

Banks make money on overdrafts fees and other fees and pretend it’s your fault. They make $37 on your overdraft of $1

Rates are actually rising again on mortgages. There is not point.

I sold a couple properties in 2020 and I'm waiting for a house crash to happen so I buy cheap. In the meantime, I've been looking at stocks as an alt., any idea if it's a good time to buy? I hear people say it's a madhouse and a dead cat bounce right now but on the other hand, I still see and read articles of people pulling over $225k by the weeks in trades, how come?

a few neighbors of mine were so mad these past few weeks I figured they were just going through issues yet I found out on our Halloween walk that all three families are behind on their mortgages.... I work in FA so they felt comfortable asking me how to navigate it froeberance etc. But to see these new neighbors being months behind on mortgages when they have gov. related jobs or construction etc. Its wild! the amount they still owe on their notes wont favor the foreclosure flippers either if they do foreclose but its wild that one is 30 days the other is 90 and another is today 120 days.... Insane. The crash is coming but the wealthy will just eat it up.

Thanks

I just signed to buy a very nice house with a large pool right now. I technically couldnt afford it but my apartment price doubled and the seller had trouble selling and was in a hurry (divorce) so i was able to negotiate a 25% cut. Right moment for me everything aligned if i wait the situation will be different and i light not be able to buy such a house ever again.

Some people want to sell but can’t because of loan mods and partial claims

In high demand residential areas shes right

Where are you Mike, doesn’t look like S. Fla?

US capitalism is stupid! People are literally killing themselves trying to live. Homes are a human right not to be used as a tool to manipulate the masses. People who defend this type of systemic abuse are sociopaths.

The Federal Reserve saw this decades ago and ignored it. They don't care. They chose the wealth effect over responsible, disciplined policy. Now, younger generations are screwed over.

So what you’re saying is most younger gen’s are doomed, good thing I’m in a great position. Too bad for my kid, they are doomed.

I’m looking now and will buy when we find the right one. 🙂 Price is very important.

Now is ALWAYS the best time to buy AND sell if you ask a realtor. I have NEVER seen one advocate otherwise.

Interest rates went down, housing prices went up. Interest rates went up, housing prices did not go down. What she is saying is that if trump is president the cycle will happen again and things will be worse than they are now.

Countries are dumping the dollar , there us more dollars flooding the market with no fed bond buyers, regardless of if feds lower rates inflation will go up big and real estate will fall 50% in the next 2 years

Buy only when you can afford an d the price is reasonable. Don’t trust a sales person and an Realator. They not serving you. They only care about their commission. Don’t let them influence your decision. Do your own research, be prepared and be mindful.

He keeps talking about inflation as a product of giving working class people subsidies and tax breaks when in reality major corporations are the biggest beneficiaries of tax breaks and subsidies and they are also the ones that decide to over inflate their prices to boost their profit margins. Stop scapegoating social programs for the working class.

Thank you so much sir

First sentence you say is some fear mongering bs. Easy do not recommend.

I beg your pardon but houses in Sierra Leone are still well within my budget. It’s just fortifying them and getting the clean water that breaks the bank

3 months and 10 year are just about to uninvert and every time this has ever happened throughout the US history within 12 months we were in a recession, except for one time.

Also the Federal reserve race interest rates to 5.5 and held it there for a year and now they're starting to cut and the last time they did this was in 2008 and they started cutting into the recession.

It would seem we are on the cusp of a recession and I'm sitting on a horde of cash waiting and I've been waiting a long time but they say the housing cycle is usually 18 years long and I think we're at the end of that 18 years.

I started looking for a house about 5 years ago and I had no idea about markets and cycles. But when I started looking the prices were going up and I really wasn't at the time in a place where I could buy a house I was just started looking and then as I continue to look the houses continue to go up and when I finally have money to buy a house saved up then all of a sudden the house is doubled in price 😭.

The markets are so financialized is incredible and how the banks create money out of thin air commercial Banks when they create a loan it's new money so there's a multiplier effect and then the Federal reserve buying up all the mortgage-backed securities from the bank so they can make more loans it just seems like a Ponzi scheme.

That would be cool if it worked like that foe the 15 year loan, but i would think the prices would stay the same and companies would buy everything to then rent off because nobody has the ability to buy

The only intervention government needs to do it force large corporations to divest of their single family homes

The honest truth about housing lies in 1 number...7%... only 7% of Americans own a business. Business is where the money is and they're laughing at the lack of motivation in most Americans. Netflix over financial freedom!

All will be well. Trump just got re-elected. Problems solved.

Best time to find deals and should be the only reason to buy right now. Bought a property lower than what they paid in 2008 for the same property. Needed a lot of work, but now I'm sitting on 400k worth of equity based on conservative estimates. I plan to cash out refinance half of that whenever rates fall over the next couple years and leave other half as equity. Trying to minimize any potential taxes if I decide to sell after 2.5 years. 250k is tax exempt on primary home. I'm not in a rush. It's a marathon, not a sprint.

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

I never understood why people go crying to the government ( we the people) for a help ( handouts, welfare) people need to pull myself up by the bootstraps and stop whining and crying broke!!!

150k pay check to pay check in Florida now .

She's crazy. She's rich. We are not. People don't want to pay the high price of homes

Home prices have been going up even in areas that are not hot areas, like small towns, rural areas and homes that are not in great condition too, to me it was just greed especially by the realtors.

Trump lowering the rates will cause a dead cat bounce and its all going to be even worse.

She comes across as a greasy used car salesman. The one month thing is the fact that Trump will be President and all of the crooked hijinks will be stopped.

Its going to be like eourpe.. you cant afford a house. Only property passed down or 1031 swaps trading property for property's. Middle-class and the ability to buy property has been what made America diffrent.

I sort of believe it. We’ve never had this much debt and inflation as a nation. Could we see a price crash, yes but could we see hyperinflation.. time will tell.

US population grew 30%, not 70%.

they manipulated the sale of the cars, nike, watches, houses and other stuff. but now everything are falling apart. it will not last for very long. it will go back to where it was.

Four weeks later and people can still buy houses.

I'm seeing house prices fall quite a bit around me