Buying A House In Phoenix A Bad Idea

Reach out to me if you have you any questions! I am happy to help: 623-707-9836 or [e-mail]
I am a licensed real estate agent with the Carin Nguyen Team at REAL Broker and can help you with your home buying and selling needs anywhere in the Phoenix Metro area.
#phoenixrealestate #phoenixrealtor #phoenixhousingmarket

[@23drcharles]

We had this discussion 1 year ago when the real estate cheerleaders were so happy! The sad reality is that the real estate cycle is coming to an end. The problem with The Bubble That Broke the Bank is that Phoenix is an unaffordable market with 30% price reductions. Welcome to the crying game.

[@veronicasmemories]

I'm so happy I found your channel. The housing market is insane right now and I know a lot of people waiting for everything to settle down.

[@justincoury411]

How is it looking now or maybe by January

[@lumr2756]

Some of the homes in the market I would not buy it even if I had the full price in cash in my hands. They are not worth it. One solution for this problem may be a requirement for the homes to be appraised before they are put in the market...

[@braindead2813]

The demand is not drying up. As soon as prices or interest rates come down the massive demand will kick in. A lot of people on the sidelines are waiting.

[@braindead2813]

2.5k a month is not bad he says! Bro!?! What do you think the average United States income is! You are so outta touch!

[@ayoa3892]

59,384 before taxes which means you can't afford 2.5k comfortably

[@AZ_TONY]

I just bought a new build in waddell az, 430k, 5% interest, pray for me 😣

[@LuisAndySerrano]

what site(s) are you using?

[@CaptainCaveman1170]

7, 8 and even 9% rates aren't the problem AT ALL. Lenders need to make a reasonable return on their money that outpaces 30 years of expected inflation. Realtors will NEVER say this, but it's far better to buy a cheap house with an "expensive" loan than to buy an overpriced home with a cheap loan. The payment is the same anyway but your options are far better if the purchase price is cheap...you just have to wait for higher rates to do their damage to the price.

[@michaelnelmonk]

“Welcome to sunny Phoenix, Arizona”
*shows overcast*

[@ralphjohnson3202]

@michaelnelmonk You want to see overcast come to Seattle.

[@206remyboyz7]

​@@ralphjohnson3202lol tell him even right now going into May the overcast is depressing

[@everytomday]

Nice info! My wife and I are hoping to by soon but it's discouraging to see these prices compared to 3-4 years ago. Do you this market will turn into Denver where they pretty much stayed high since their boom?

[@josephmoya5098]

If people just blindly jump into the market again like last time it dropped briefly, all they are doing is feeding the bubble. If you can afford a house and really like it and want to live there forever, have a year or so savings of the monthly payment, then buy. You will probably ride out any storm that hits. But short of that, you'd be a moron to buy right now, unfortunately.

[@corrosivedevourer]

Meanwhile I had my house appraised last month and it went up by 30k

[@joeaverageam]

100% waste of time video. There are many variables impacting the market and everyone who watches this will walk away knowing less than before they watched this.

[@Mick899]

Nice clickbait.

[@happyinthehouse9899]

So handsome

[@NYCity112]

Off are you

[@CreativeMaintenanceSolutions]

sonic