Could the housing market see a bump after the 2024 presidential election?

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  • เผยแพร่เมื่อ 4 ธ.ค. 2024

ความคิดเห็น • 146

  • @MA1776AGAIN
    @MA1776AGAIN 3 หลายเดือนก่อน +22

    I dont care about a rate cut. Prices are way too unaffordable.

  • @mariadrukker2557
    @mariadrukker2557 3 หลายเดือนก่อน +45

    I’m particularly worried about the housing market. It’s already a mess with prices all over the place. I’m wondering if things might calm down or get worse after the election.

    • @Colbe-lx7fb
      @Colbe-lx7fb 3 หลายเดือนก่อน

      The market's been so unpredictable lately. Some say we might see a bump in home prices after the election, depending on the outcome. But who knows?

    • @mariadrukker2557
      @mariadrukker2557 3 หลายเดือนก่อน

      I wouldn’t be surprised if things stay rocky for a while. The uncertainty leading up to the election always makes buyers and sellers hesitant, and it doesn’t help that interest rates are still high.

    • @Andres_853
      @Andres_853 3 หลายเดือนก่อน

      My wife and I have been in the same boat. We’ve been renting because we’re too nervous to jump into the market right now. We’re hoping that after the election, there might be more clarity on where things are headed.

    • @Bigwilli123
      @Bigwilli123 3 หลายเดือนก่อน

      That’s smart. My wife and I decided to work with Bruce Kevin Begley, a financial advisor we’ve known for years.

    • @Bigwilli123
      @Bigwilli123 3 หลายเดือนก่อน

      He’s been helping us navigate these uncertain times. His advice has been a game-changer, especially with all the market volatility.

  • @MikeCasey-z5m
    @MikeCasey-z5m 3 หลายเดือนก่อน +81

    In my opinion, housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

    • @Taylor_m16
      @Taylor_m16 3 หลายเดือนก่อน

      I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you're careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn't king at all in this time!

    • @ElizabethMoore-k2h
      @ElizabethMoore-k2h 3 หลายเดือนก่อน

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      @geraldhoward6351 3 หลายเดือนก่อน

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    • @ElizabethMoore-k2h
      @ElizabethMoore-k2h 3 หลายเดือนก่อน

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    • @robertfurguson2678
      @robertfurguson2678 3 หลายเดือนก่อน

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  • @artsygirl226
    @artsygirl226 3 หลายเดือนก่อน +5

    Why is no one talking about corporations buying up home inventory and screwing first time home buyers?

  • @nickvin7447
    @nickvin7447 3 หลายเดือนก่อน +16

    The housing market is completely toast. .75 basis points will do absolutely nothing.

    • @Ravi-rl8tt
      @Ravi-rl8tt 3 หลายเดือนก่อน +3

      Lmao, you clowns have been saying that forever. Do you not realize how much money we printed? The money supply is never going back down. The only thing that could save us is a currency reset to CBDC.

    • @nickvin7447
      @nickvin7447 3 หลายเดือนก่อน +1

      @@Ravi-rl8tt "Never going back down". Ok noob.

    • @Ravi-rl8tt
      @Ravi-rl8tt 3 หลายเดือนก่อน +1

      @@nickvin7447 You realize I was bearish too, right? We’ve had a drastic supply shortage since the GFC which is only showing just now.

    • @nickvin7447
      @nickvin7447 3 หลายเดือนก่อน +1

      @@Ravi-rl8tt There is a drastic shortage in exactly two markets, the extreme north east, and parts of CA. You realize 87 out of the top 100 markets are either flat or declining in price year over year right?

    • @Ravi-rl8tt
      @Ravi-rl8tt 3 หลายเดือนก่อน +1

      @@nickvin7447 A 0.3% decline after homes doubled in price is irrelevant. The money supply was inflated by 42% over the course of 18 months. There are consequences to that. We have rising unemployment yet home prices are still rising. If you want to talk about disaster-prone markets, that’s a different story.

  • @RyanJohnson-pz4tb
    @RyanJohnson-pz4tb 3 หลายเดือนก่อน +5

    why would that make a difference its so overpriced with a 20-30% down payment its 2-3 times more expensive to buy compared to renting its a joke at this point

  • @mle3857
    @mle3857 3 หลายเดือนก่อน +14

    Let's ask a realtor if it's a good time to buy...😂

    • @xianx1866
      @xianx1866 3 หลายเดือนก่อน +1

      What is the point of keep saying this. If buyers have no intention to buy nothing can a realtor do.

    • @joeb582
      @joeb582 3 หลายเดือนก่อน +2

      @@xianx1866the point of saying this is showing that you’re asking the guy who’s living depends on you buying a house if you should buy a house. You will obviously not get objective analysis

    • @xianx1866
      @xianx1866 3 หลายเดือนก่อน

      @@joeb582 SMH...do your own financial analysis. Why depend on other people to make decisions for you.

  • @drewbryant5171
    @drewbryant5171 3 หลายเดือนก่อน +4

    There are several factors, besides it being hugely expensive. It's also a supply issue, if you refinanced at 3%, you should never sell

  • @Ttow49
    @Ttow49 3 หลายเดือนก่อน +3

    I dont see how anything or anybody can save whats coming! Im expecting it to be worse than the great depression. We have lived in a careless society for too long

  • @mojoswifty360
    @mojoswifty360 3 หลายเดือนก่อน +4

    Private equity is buying everything.

  • @Doty6String
    @Doty6String 3 หลายเดือนก่อน +5

    It never goes down

    • @bullethead67ful
      @bullethead67ful 3 หลายเดือนก่อน +1

      That is what they said in 2008 😂

    • @Doty6String
      @Doty6String 3 หลายเดือนก่อน

      @@bullethead67ful hope you’re right!

  • @ericcoleman9068
    @ericcoleman9068 3 หลายเดือนก่อน +2

    What they don’t tell you is the reason the median price is rising is because million dollar houses are still selling but lower cost homes are not, which inflated the median price

    • @jimmyjay689
      @jimmyjay689 3 หลายเดือนก่อน

      No..stupid logic...lower cost homes are likely to sell more ....more eligible buyers

  • @BillyMartin68
    @BillyMartin68 3 หลายเดือนก่อน +4

    If the rates are coming down I’m raising my price another $30,000. I’m in no hurry to sell. I’m waiting for the market to heat up. Lower rates = more buyers = rising prices.
    🎉

    • @greenbean9135
      @greenbean9135 3 หลายเดือนก่อน

      If the rates start coming down, it means the economy is tanking. Prices won't go up.

  • @bullethead67ful
    @bullethead67ful 3 หลายเดือนก่อน +1

    Home prices need to come down. You can refinance rate but not the price.

  • @ApprovedGiveaway
    @ApprovedGiveaway 3 หลายเดือนก่อน +25

    Amazing video despite the economy disaster and political war in the country, investment remains best for earnings. Imagine 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

    • @ImportAgentBenardo
      @ImportAgentBenardo 3 หลายเดือนก่อน

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    • @AgeaisethMintcompany
      @AgeaisethMintcompany 3 หลายเดือนก่อน

      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 Sophia Good day all from Australia cia

    • @AgeaisethMintcompany
      @AgeaisethMintcompany 3 หลายเดือนก่อน

      Sophia my life savior

    • @himedft
      @himedft 3 หลายเดือนก่อน

      🇬🇧To me anyone else OK because i can't complain as long From $3K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

    • @yunusasadisu380
      @yunusasadisu380 3 หลายเดือนก่อน

      😍😍😍Wow that's awesome news

  • @VictorGarcia-le2mi
    @VictorGarcia-le2mi 3 หลายเดือนก่อน +2

    Wat is the different between now and then

  • @newshoes-bf2xv
    @newshoes-bf2xv 3 หลายเดือนก่อน +2

    Hell no!

  • @chatgpt-n8r
    @chatgpt-n8r 3 หลายเดือนก่อน +2

    that would scary

  • @donesy125
    @donesy125 3 หลายเดือนก่อน +4

    A rate cut? lol what .5% wow! 😂 what a joke.

  • @sbar39
    @sbar39 3 หลายเดือนก่อน +1

    1:17 where did you find an honest realtor

  • @newshoes-bf2xv
    @newshoes-bf2xv 3 หลายเดือนก่อน +3

    How long realtors or scams are going to make us wait and even if we wanted to ask for help from these high interests we can't because of the poor structure, policies and destruction of people working in areas that shouldn't be.There is know heart and passion in the American dream anymore. The American dream is broken and people don't want to talk about it.

  • @SaveManWoman
    @SaveManWoman 3 หลายเดือนก่อน +2

    Saw major listings, first 1000 will get decent prices after that it’s all bad. Orange County listings can’t come in fast enough. Bag holders from here on.

  • @charlesbusch8739
    @charlesbusch8739 3 หลายเดือนก่อน +1

    A rate drop alone will not make housing affordable to the average first time home buyer? There needs to major changes in the economy?

  • @byronkacheris5781
    @byronkacheris5781 3 หลายเดือนก่อน +3

    Sellers need to wait and buyers need to wait...always a snafu

  • @SavvyGG
    @SavvyGG 3 หลายเดือนก่อน

    The only people complaining about mortgage rates are the sellers. They will be the first to discard the fact that their houses have almost doubled in the past 5 years and then point at mortgage rates as the problem.

  • @fsm12385
    @fsm12385 3 หลายเดือนก่อน +7

    Rate cut not gonna help , adding wood to fire

    • @danparish1344
      @danparish1344 3 หลายเดือนก่อน +2

      Yeah, people don’t realize that increasing home buyers ability to purchase homes also increases the supply of homes on the market because new buyers have to sell their old homes. That combined with looming foreclosures could easily make home prices collapse.

    • @SaveManWoman
      @SaveManWoman 3 หลายเดือนก่อน

      Always about supply and demand. Inventory inventor inventory , plus jobs only formula to housing. 2-5 years of declining market.

  • @michaeloski3480
    @michaeloski3480 3 หลายเดือนก่อน +2

    3.5 until it hits that number. I bet the tax assessment 2023 jump jumped people's escrow, homeowners insurance ridiculous due this year ouch!!!😢😢

  • @Dee-w5y
    @Dee-w5y 3 หลายเดือนก่อน

    Home values are declining in every state.

    • @jimmyjay689
      @jimmyjay689 3 หลายเดือนก่อน

      My home is up 10%..Massachussets...thats a state right?😊

  • @Mrjvc163
    @Mrjvc163 3 หลายเดือนก่อน +1

    Rate cuts will flood the market with buyers and in turn raise the prices. You want a lower priced home? You have to move out of state. If your state is already on the lower end of the price spectrum then you're out of luck.
    Reason why homes are sitting on the market is because they're priced way too high. Sellers are still unrealistic and think it's the covid market. We're not in a seller's market anymore. It's a buyer's market and we're seeing sellers paying for credit and closing cost in almost every transaction in my team.

  • @danielvillareal2569
    @danielvillareal2569 3 หลายเดือนก่อน +5

    Is it the rate or the price? Let’s see… yeah, I’m going with the price!

  • @robingaray8321
    @robingaray8321 3 หลายเดือนก่อน +6

    Building supplies have tripled. People are fixing up their homes before they sell them. And dumping way too much money into them. 😢

  • @joshuaanderson7712
    @joshuaanderson7712 3 หลายเดือนก่อน

    I travel from Florida TOP TO BOTTOM at least twice a month... PRICES ARE NOT GOING DOWN. They've done nothing but go up. Volusia County - up 35%
    Sumpter County - up 30%
    Seminole County - up 25%
    Leon County - up 25%
    This whole state is fkd by old people and druggies

  • @shanerogers9386
    @shanerogers9386 3 หลายเดือนก่อน +2

    Can the biggest bubble in history get bigger ?

  • @dons3073
    @dons3073 3 หลายเดือนก่อน +2

    No I don’t think so haha

  • @Coisiniiiiii
    @Coisiniiiiii 3 หลายเดือนก่อน

    This reminds me of the recently released "2024 Top 10 World Most Expensive Modular Apartment Highrises". As for future real estate trends, these high-priced modular apartments seem to be becoming more and more common. What do you think of this trend?

  • @ebutuoy5088
    @ebutuoy5088 3 หลายเดือนก่อน +2

    👏

  • @Lietuva47
    @Lietuva47 3 หลายเดือนก่อน

    Reikia imti paskolą pirkti ne jau pastatytą namą, bet paskolą finansuoti jūsų pačių namo statybą arba patiems nes tai daug pigiau, arba , kad jį pastatytu kiti, bet taip bus daug pigiau nei užsidėti paskolos naštą 30 metų po jo jūsų namas kainuos 2 kartus daugiau nei pirminė kaina ir ne daugiau jei kiesis paskolų % ?!.

  • @newhollad
    @newhollad 3 หลายเดือนก่อน +1

    Yep. They will go up in price till 2026 then a massive crash will come.

    • @TroyHanson-ch6nm
      @TroyHanson-ch6nm 3 หลายเดือนก่อน +2

      No way i work in the housing market. If we stay democrat homes will lose 40% value by end of 2025 i would say 30-40% will be foreclosed on this will sink the value fast on homes

    • @LRey85
      @LRey85 3 หลายเดือนก่อน

      @@TroyHanson-ch6nmif that’s the case then this is the time I’d chose to vote democrat lol. The prices are way too high!

  • @Rollingthunder517
    @Rollingthunder517 3 หลายเดือนก่อน

    Americans need to do a national boycott!

  • @newshoes-bf2xv
    @newshoes-bf2xv 3 หลายเดือนก่อน +1

    Wake-Up I felt suffocated the last four years.
    These rates can't go any longer like this, these prices are not going to stay high because of poor appraising, poor inspecting, poor constructing. These rates were too high in the nineties and look what happen in two thousand and eight. You can't keep interest rates this high for too long and these administrations just did that again. Dividing and dividing the poor , middle class and the super rich keep getting richer. A disgrace of empathy with no acknowledgement of understanding what human life needs and wants. The change of policies in favor of the poor and middle class need to be adjusted.

    • @DR-pf9wm
      @DR-pf9wm 3 หลายเดือนก่อน

      Rates are still historically low. The low rates are what has made housing so unaffordable

    • @artsygirl226
      @artsygirl226 3 หลายเดือนก่อน

      ​@@DR-pf9wm don't you think corporations buying up homes has screwed first time home buyers?

  • @maness2112
    @maness2112 3 หลายเดือนก่อน +15

    Rates go down, price of house goes up. Nothing will change.

    • @breadfan9
      @breadfan9 3 หลายเดือนก่อน

      There's a BIG difference in that you can negotiate on price, but you can;t negotiate on rates.

    • @maness2112
      @maness2112 3 หลายเดือนก่อน

      @breadfan9 in my region, there are usually bidding wars. Even to this day. I live in a modest neighborhood.

    • @nickvin7447
      @nickvin7447 3 หลายเดือนก่อน

      @@maness2112 Then you live in a liberal cesspool.

  • @FrankGallagherr
    @FrankGallagherr 3 หลายเดือนก่อน +8

    Who thinks Harris will make inflation worse

    • @rechutriers5592
      @rechutriers5592 3 หลายเดือนก่อน

      Ya because the Democratic Party has been reducing inflation. Derp. Trump gets in there and starts throwing money from a plane again and yes. Then we will have inflation again. Read the signed checks ya derp

  • @dbrew2u
    @dbrew2u 3 หลายเดือนก่อน +4

    Rates fall , prices rise negating any impact of a rate cut . It's become a Rock and a Hard place for the Fed .

  • @zeke5491
    @zeke5491 3 หลายเดือนก่อน +6

    Not unless Blackrock sells all their inventory- at a huge discount

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    @Coldwellbanker.drive3 3 หลายเดือนก่อน +12

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      @lazyas8016 3 หลายเดือนก่อน

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      @thomasschlund 3 หลายเดือนก่อน

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  • @MOliveira-m5h
    @MOliveira-m5h 3 หลายเดือนก่อน

    I tell you what it looks like it needs bump based upon that graph. All of those poor poor real estate owners look like they need all of the help they can get.

  • @Mando_Trucker
    @Mando_Trucker 3 หลายเดือนก่อน +2

    Listening to newscaster about economics is your first mistake.

  • @Charles-rd6ku
    @Charles-rd6ku 3 หลายเดือนก่อน +3

    Housing is artificially high right now the whole i have is only worth about 275 but it's in the market for 4 and a quarter i can't believe it is chicago suburb

  • @Lauren-x2p
    @Lauren-x2p 3 หลายเดือนก่อน +2

    Fox business news has inspired me greatly in many ways! I'm in my early 40s and I am retired. ($43,000) that is the minimum range of profit return every week 🔥🔥

  • @adamplona9438
    @adamplona9438 3 หลายเดือนก่อน

    I put a lot of trust in TH-cam with a half a dozen "ideas" .. up to them to not hide anything. I will forget most of them and move on to thinking of other things... Twitter/X made me nervous about the digital control and behind the scenes stuff. Thank you Elon :)

  • @Games4Kidz7
    @Games4Kidz7 3 หลายเดือนก่อน

    A blip in the radar 🤣

  • @donnaslater4010
    @donnaslater4010 3 หลายเดือนก่อน

    Read PROJECT 2025 Trumps plan.

    • @rechutriers5592
      @rechutriers5592 3 หลายเดือนก่อน

      Why would we read that. I 2025 doesn’t matter, he isn’t going to get elected

  • @PianoMatronNeeNee
    @PianoMatronNeeNee 3 หลายเดือนก่อน

    Sell sell sell

  • @Jchoice0
    @Jchoice0 3 หลายเดือนก่อน

    Everything will be corrected soon. And housing market is no exception to this. I see home price will go down more than 30%

  • @davidrobbins8941
    @davidrobbins8941 3 หลายเดือนก่อน +5

    Banks are the winners when it comes to house buying !!!