Back in the days, 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.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone wants to do, I will advise them to 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.
@@Giuditta-o6w On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial planner who devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $260k since then.
@@Dawne-t2w There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Victoria Carmen Santaella” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
They need to increase property taxes on non-owner occupied homes. Investors have a huge market share and are inflating home prices to extraordinary levels!
@@ramagharfeh2733 Oh ok! They'll just increase their rent. Got it. Didn't know it was so easy! You've motivated me to go out and buy a rental. I'm going to charge my renters as much as I can. Thanks!
![Luigi Mangione pleads not guilty [RAW]](http://i.ytimg.com/vi/JPf-vzvvWRI/mqdefault.jpg)
Back in the days, 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.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone wants to do, I will advise them to 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.
@@Giuditta-o6w On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial planner who devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $260k since then.
@@ChanAronhalt I will be happy to get assistance and glad to get the help of one, but just how can one spot a reputable one?
@@Dawne-t2w There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Victoria Carmen Santaella” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@@ChanAronhalt 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.
They need to increase property taxes on non-owner occupied homes. Investors have a huge market share and are inflating home prices to extraordinary levels!
They will just increase rent on tenants. Won’t work.
@@ramagharfeh2733 Oh ok! They'll just increase their rent. Got it. Didn't know it was so easy! You've motivated me to go out and buy a rental. I'm going to charge my renters as much as I can. Thanks!
That guy looks like a chef.
he'd better become a chef. Real estate? Over for good
TIM MYO ZAW SU SU
❤❤Hello
its funny we are still having the inventory problem conversations for the last 5 years
Why isn’t the government doing anything about this?
The government has done enough
They won’t be about market choices when it hits their profit margin.
This guy typical real estate agent mentality. There is a bubble n i dnt know how ppl get approved n over pay. Fomo. Wait until unemployment ticks up