How rising mortgage rates affect the housing market

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  • เผยแพร่เมื่อ 16 พ.ย. 2024

ความคิดเห็น • 59

  • @adamestrada7656
    @adamestrada7656 ปีที่แล้ว +101

    A rise in portfolio losses this quarter is predicted by a number of indicators, including market falls, skyrocketing inflation, major Fed interest rate rises, and rising treasury yields. How can I make money in the choppy market of today? My million-dollar bond and stock assets are still something I'm considering selling.

    • @EdwardHst
      @EdwardHst ปีที่แล้ว

      Even in the midst of this whirlwind, there are chances to be had, thus a rise in volatility isn't always a bad thing. You can rebalance your portfolio thanks to volatility. The best course of action is to hire a financial advisor to help you along the way.

    • @harod033
      @harod033 ปีที่แล้ว

      As a result, I prefer to let a portfolio coach handle my daily market judgements. Their entire skill set is focused on simultaneously taking long and short positions, taking advantage of risk to benefit from its asymmetric upside, and taking risk out of the picture to protect against the inevitable downward turns. I've been working with a portfolio coach for more than two years, and throughout that time I've made about a million and five hundred and seventy thousand dollars.

    • @harod033
      @harod033 ปีที่แล้ว +1

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      It was managed by Sharon Lee Casey, who I discovered and contacted as a result of a CNBC interview. Since then, it has provided the entry and exit points for the titles we have focused on. If tracking is required, an internet search can be done.

    • @keithwatson1270
      @keithwatson1270 ปีที่แล้ว +1

      @@harod033 Sharon’s full name was easily copied and pasted into my browser, and her website immediately displayed. Thank you for saving me countless hours of tedious research.

  • @fabiohill14
    @fabiohill14 ปีที่แล้ว +101

    A lot of folks have been going on about a February rally too and said stocks that would be experiencing significant growth these new year season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound

    • @williamrobertson6380
      @williamrobertson6380 ปีที่แล้ว

      @Zac Taylor True, we’re only just an information away from amassing wealth, I know alot 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?

  • @theandersonfamily9898
    @theandersonfamily9898 ปีที่แล้ว +2

    We are seeing it even in Florida. I have looked at hundreds of homes in Florida. We are planning on moving later this year. Homes have been on the market for 3 to 6 months. $500,000 homes are now between $380 to $480k.

    • @Megans358
      @Megans358 ปีที่แล้ว +2

      Because those homes were $250k back in 2020 before the start of the bubble. Patience will pay off for anyone buying. Those who bought at the top of the market last year learned a hard lesson.

  • @thesoccertrotter1
    @thesoccertrotter1 ปีที่แล้ว +2

    I love this guy's voice

  • @Katadori09
    @Katadori09 ปีที่แล้ว +4

    He is presenting a false choice between either buying or renting. And it flies in the face of the data, which show both purchase and rental demand going down.
    There are other options, such as finding roommates, moving back in with the parents, living in a van down by the river, etc. All of these simply pull people out of the shelter market altogether. And with prices rising so much, a lot of people on the low end of the income scale are being priced out of independent shelter altogether.
    Thinking about the implications, it's pretty dire for rental real estate investors. The purchases prices (+ mortgage interest, which is often not fixed for RE investors) have risen drastically, meanwhile rents have not risen nearly as much and are also declining in many locations. That caps the profit they can make at a low level. Add that 6-month bonds are going for 5% now, which is actually quite competitive with current real estate profit caps in a lot of locations, is a lot less risky, and you never have to paint a wall or replace a water heater if you're a bond investor. All of these effects are making it worse for real estate investors to stay in the market, and they own a stunning 18% of real estate now. If even a small portion of them back out, then that's going to drastically ramp up inventory and tank prices.
    Also consider that half of all short-term real estate investors (eg., AirBNB hosts) bought their property within the last 2 years, very likely with variable interest loans, implying they are either underwater now or are pretty close to it at the same time AirBNB demand is dying and their mortgage payments have gone up drastically. That's a lot of investors who simply may not be able to afford to keep their assets into a rising Fed funds rate.

  • @OpenAirOutreach
    @OpenAirOutreach ปีที่แล้ว +4

    There’s always a bust when there’s a rapid unsustainable boom

    • @mrcmid9132
      @mrcmid9132 ปีที่แล้ว

      I can't wait! $$$ 😆

  • @AlexOnBass
    @AlexOnBass ปีที่แล้ว +7

    Why does everyone think that tiny stimulus check we got 2 years ago is changing people’s lives 😂😂😂😂😂😂

    • @993mike
      @993mike ปีที่แล้ว +1

      I totally agree! So many folks on CNBC act like the funds from COVID relief are like hitting the Lotto. Most people in America tend to spend all they make, and rather than cutting back when things tighten up they just crank up the credit card spending to maintain the lifestyle, which is a sad way to live

    • @notinterested9097
      @notinterested9097 ปีที่แล้ว

      Its not the amount of tiny stimulus that people got that makes the difference its the amount of people that received the tiny stimulus thats coming home to roost .

    • @senoreng2014
      @senoreng2014 ปีที่แล้ว

      cause billionaires need to stir FOMO to line their pockets.

    • @akshaysarkardbit
      @akshaysarkardbit ปีที่แล้ว

      Suits the narrative

    • @nonenone1534
      @nonenone1534 ปีที่แล้ว

      PPP fraud of $1 Trillion - read the news

  • @nonenone1534
    @nonenone1534 ปีที่แล้ว +3

    mortgage rates need to go to %10.00 to get prices back pre pandemic levels, which is what buyers want.

    • @mrcmid9132
      @mrcmid9132 ปีที่แล้ว

      Let the pain begin! 😆 $$

    • @watwudscoobydoo1770
      @watwudscoobydoo1770 ปีที่แล้ว +1

      Pre pandemic still too high. 2015 prices needed

    • @rich5164
      @rich5164 ปีที่แล้ว

      You can’t afford pre pandemic prices at 10% lol

    • @mrcmid9132
      @mrcmid9132 ปีที่แล้ว

      @rich5164 I would love to see %10 interest rates on homes and cars. It doesn't mean that I would buy so what's your point?

  • @bigtex4058
    @bigtex4058 ปีที่แล้ว +1

    Gosh, I don't know. Perhaps makes it harder to buy a house?

  • @KungPowEnterFist
    @KungPowEnterFist ปีที่แล้ว +5

    @0:40 That is categorically false. The increase in mortgage interest rates over the last 12 months has not "doubled" the cost of a mortgage. It has increased mortgage payments by 31% assuming the selling price, taxes, etc., are unchanged over the same period. Prices have come down some, however. Assuming a 10% drop in price (vs 12 months ago) with today's higher mortgage interest rates (vs 12 months ago) a consumer would only pay an 18% higher mortgage payment. Assuming a 20% drop in price would result in a barely noticeable 5% higher mortgage payment. Folks, this is why the real estate market has not begun its collapse yet. 6.75% mortgage rates are not enough to bring real estate market back into balance. And, BTW, this is not a binary choice of buy vs rent. Multiple families can share a home (extremely popular in Miami), taking on roommates, efficiencies, back with parents, leave the country, etc. These options are the explanation why real estate/rental markets can crash so suddenly and so hard. It is not aliens coming from outer space abducting millions of homeowners/renters and placing them in suspended animation for several years as mainstream media would have you believe.

    • @MrYatesj1
      @MrYatesj1 ปีที่แล้ว

      Word

    • @mrcmid9132
      @mrcmid9132 ปีที่แล้ว

      Those are a lot of assumptions to a lot of questions but I see your point.

  • @MrYatesj1
    @MrYatesj1 ปีที่แล้ว +1

    Interest rates might being ticking up but home prices are declining. As long as there are jobs homes will sell and more importantly foreclosures will remain low.

    • @mrcmid9132
      @mrcmid9132 ปีที่แล้ว

      That's true until something else breaks

  • @fromdusktodawn509
    @fromdusktodawn509 ปีที่แล้ว +3

    We need to stop paying rent!!!

    • @MrYatesj1
      @MrYatesj1 ปีที่แล้ว

      The streets are no way to enjoy life

    • @fromdusktodawn509
      @fromdusktodawn509 ปีที่แล้ว

      @@MrYatesj1 We have power. An entire apartment complex cannot be evicted without a riot. If you’re a pansy for oligarchs and have ate your oligarchs sludge you’re entire life then this convo is pointless.

    • @Stoneface_
      @Stoneface_ ปีที่แล้ว

      ​@@MrYatesj1haha 😄

  • @icu1585
    @icu1585 ปีที่แล้ว

    You’re interviewing the problem

  • @OpenAirOutreach
    @OpenAirOutreach ปีที่แล้ว

    Rents come down after home prices come down, when home prices attract more buyers

    • @mrcmid9132
      @mrcmid9132 ปีที่แล้ว

      Sounds like you want a buyers market? 🤔

  • @Codehulk7
    @Codehulk7 ปีที่แล้ว

    Sure, Anything negative? No Not Really. Happy Meals For Everyone :)

  • @rammanohar8161
    @rammanohar8161 ปีที่แล้ว +5

    Home price will come down by 40%

    • @MrYatesj1
      @MrYatesj1 ปีที่แล้ว

      IMO you are smoking WAAAY to much weed. But time will tell

    • @rammanohar8161
      @rammanohar8161 ปีที่แล้ว +1

      @@MrYatesj1 yes. Time will tell

    • @Megans358
      @Megans358 ปีที่แล้ว +1

      They’re already down 15-20% in the biggest boom towns. Homes are sitting without offers. 40% won’t hit the entire country but it’s very likely where homes doubled in price since 2020. It was completely unsustainable.

  • @lesliehatun2044
    @lesliehatun2044 ปีที่แล้ว

    Lumber is cheap today but prices still high. 6.75% interest rates.

    • @MrYatesj1
      @MrYatesj1 ปีที่แล้ว

      Build the homes now and let them sit for 2 years

  • @jwass321
    @jwass321 ปีที่แล้ว +3

    Rent is to dam high

  • @shirish2005
    @shirish2005 ปีที่แล้ว +1

    What is new discussed in this video?

  • @MM-rs6tk
    @MM-rs6tk ปีที่แล้ว

    I thought the housing correction was over

  • @jwass321
    @jwass321 ปีที่แล้ว +1

    What money

  • @terrywilson1825
    @terrywilson1825 ปีที่แล้ว +1

    👍👍👍👍. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. i need to know how to go about it.

    • @topeoplebenice914
      @topeoplebenice914 ปีที่แล้ว

      seek the guidance of a professional.

    • @terrywilson1825
      @terrywilson1825 ปีที่แล้ว

      @rub tyson
      there's a lot of money to be made in crypto. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up. Please do you mind sharing any means of reaching out to him easily? I'm really interested.

    • @terrywilson1825
      @terrywilson1825 ปีที่แล้ว

      @rub tyson Ok, just found his website, impressive, Thank you.

    • @mrcmid9132
      @mrcmid9132 ปีที่แล้ว

      Make sure you read the fine print! 🙂

  • @fromdusktodawn509
    @fromdusktodawn509 ปีที่แล้ว

    That lying grinch said, “we haven’t seen [the price decreases] yet…”

  • @jwass321
    @jwass321 ปีที่แล้ว

    Own nothing