Barbara Corcoran reveals when housing prices ‘will go through the roof’

[@ericmccormick82]

I’m a single dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.

[@JacobsErick-u8r]

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

[@DerraKormino]

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.

[@winifred-k9e]

Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.

[@LUCIASMITH-d1z]

this is all new to me, where do I find a fiduciary, can you recommend any?

[@winifred-k9e]

credits to 'Melissa Terri Swayne' one of the best portfolio managers out there. she’s well known, you should look her up

[@nicolasbenson009]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[@ChristianKelv]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

[@anthony-L.A.6946]

Debts. Homeowners can refi at coming lower rates. And I have refinanced underwater. Obama guaranteed. Uncle sam can step in anytime.

[@ClarkeGriffiny7]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@SandraDave.]

Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.

[@ClarkeGriffiny7]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@darnellcapriccioso]

This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.

[@richardhudson1243]

To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!

[@Aaronduckstein49]

You're right. I was able to diversify my 450K portfolio across markets with the aid of an investment coach, and I was able to use high dividend yield stocks, ETFs, and bonds to generate a little over $830K in net profit.

[@maiadazz]

Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.

[@Aaronduckstein49]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@morgansofia]

Thanks for sharing, i did a quick search and found her web page, i hope she responds to my mail soon

[@AnwarSmith-n3g]

I completely disagree with her. There are no houses for sale because homeowners do not want to trade a 2.75% mortgage for a 7% mortgage so they are staying put

[@stephaniesoutherlandrealto3442]

We are also under built in most areas. That’s what is going on in my area, along with sellers who don’t want to give up that low low rate.

[@domcizek]

THEY WILL SELL, ONCE THE INTEREST RATES START GOING DOWN, MAYBE THIS YEAR

[@rufusmcgee4383]

That's me

[@aaronbenton7]

The problem with selling your house is, where are you going to live? I think too many people got obsessed with the idea of making a huge profit from the sale... but then they still have to find a place to move to. This is why I wont sell my house. I have no reason to move, and if i did i'd have to find another house. I dont have a super low interest rate either. But im staying!!

[@MrBings714]

Which is driving the price increases.

[@firechase7640]

Prices are bad enough but the ridiculous property taxes make it even worse.

[@LawrenceTierce-pu3by]

Hell yeah

[@jamesr1703]

And outrageous property insurance!!!

[@fire-4-effect]

Not where I live.

[@TheCarpentersApprentice]

In Texas things have been made so much better by the legislature ❤❤❤

[@emailsender7139]

All part of the plan.

[@Beatricegove733]

Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.

[@foden700]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@Justinmeyer1000]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@KaurKhangura]

How can I reach this person?

[@Justinmeyer1000]

‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@KaurKhangura]

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.

[@ryanwilliams989]

I'm in Michigan, and the housing market here over the past 7-8 years has been unprecedented. Houses that were purchased for $130K in 2015 are now going for $590K. These are tiny, poorly constructed 950-square-foot homes in quiet, mediocre neighborhoods. Meanwhile, nicer, average-sized homes in better neighborhoods that were over $300K a decade ago are now selling for $750K+. It's wild.

[@TheresaAnderson-kf5xw]

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!

[@maryHenokNft]

I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

[@maggysterling33254]

@@maryHenokNftbravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@BiancaSherly-qt6sb]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@joevarga5982]

Money is becoming worthless.

[@chevypreps6417]

Real Estate is already through the roof........and no one can afford it.

[@levans9257]

Barely, Thank God I got my home before oburden......

[@LX-cg1oi]

Correct

[@lynnmarie2962]

It's all going according to the Marxists ("democrat") plans.

[@georgeburns8447]

That's not true. People with money can.

[@tammybrennan2040]

Houses are sitting on market really long cuz no one’s buying em

[@AndersonFair-cy2bb]

It would be like asking an alcoholic if they believe you should have a drink to ask a real estate professional if you should purchase a house now. In my neighbourhood, properties that sold for about $450k in 2019 are currently selling for between $800 and $950k. Right now, every seller in my neighbourhood is bringing in $350,000. Just unbelievable. To be honest, what we need is deflation. Going bankrupt would be the only other alternative, and that would be detrimental to the economy as well. There's no other way to get back to normal.

[@FaithAndrada-xo9ou]

My plans to work part-time, prepare for the future, and retire at 62 have been disrupted by the rising costs. Maybe people who survived the 2008 financial crisis had it easier than I do right now, and that worries me. The unstable stock market coupled with a drop in income has me worried about having enough money saved for retirement.

[@BrewerVera]

For this exact reason, I prefer to have a portfolio coach help me make daily decisions about the markets. Their vast experience of simultaneously going long and short, taking advantage of risk for its asymmetrical upside, and selling it as a hedge against inevitable downward turns means that they almost never underperform. Over the past two years, I have made over $800,000 with the help of a portfolio coach.

[@Raymondcraw1967RaymondCrawley]

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

[@VanessaWilliams-pu8vt]

Mind if I ask you to recommend this particular coach you using their service?

[@Raymondcraw1967RaymondCrawley]

Credits goes to "Rachel Sarah Parrish" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@michaelmacpherson-wm6mh]

the house my parents bought in 1960 was $17,500.00. my Mom did not work and my Dad drove a laundry truck. we moved in 1972 and it was $57,000. that house is $1,500,0000 now. houses down the street in a nicer 1960 neighborhood are $1,800,000. my 35 year old neice and her husband make over $200,000 a year, they are still renting.

[@yahhz5554]

If they make 200k /year and can’t buy a house They have a debt problem. That is their fault

[@AgentOrangeJuice]

200k a year now isn't a whole lot. It's honestly the equivolent of making 80k a year 10 years ago. You can get by...rent..maybe own an OK car..go on a nice vacation once a year..that's about it. Earning less than 150k combined you're living in abject poverty. unless you live in in the woods or something

[@ToniYbarra]

​@@yahhz5554you so mean😢

[@michaelmacpherson-wm6mh]

@@AgentOrangeJuice California income: Top Earners $181,097 75th Percentile $154,900 Average $146,901

[@michaelmacpherson-wm6mh]

@@yahhz5554 the home they are renting is worth 1.8 million dollars. there is not a single family home with a yard less than 1 million that good people would want to live in.. you would need $200,000 down payment, and have a $5,000. monthly payment for the 1 million dollar home @20%. lets not forget property tax. do you have $200,000 in the bank?

[@realpropertymangement7640]

Barbara is a typical realtor... they always say right now is the best time to buy or sell!!

[@waters530]

historically it is...

[@rickj1983]

You buy when others are panic selling. You sell when others are retail buying in a frenzy at the top of the market.

[@SwiftReade]

When you have a sizable savings, good credit, and been on your job for two year’s or more that pays enough to afford a mortgage, is the right time to buy. Has nothing to do with the market.

[@jmarsh2314]

@@SwiftReadethis is it right here

[@lourdesrivas-defrancesco6433]

@@SwiftReade Agree with you 100%.

[@StephanieG.Augustus]

Everyone's been promoting investing as a source of passive income, but with a 70-hour workweek and limited financial knowledge, how can I stay on top of things? Every KZbin video says "BUY, BUY!" but when and how do I sell for profit at the right time?

[@JohnNgomba-k3v]

Well all i know is that you cannot go wrong taking profit at near high. No one ever went broke taking a 10% loss. It's best if you consult with a fiduciary advisor to get informed buying & selling decisions

[@heatherj-o5j]

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

[@JamesKjones-n7r]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@heatherj-o5j]

Stacy Lynn Staples is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@CharlesT.Foster]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@Eddie-qx7cx]

Squatters are finding plenty of houses!!!

[@JohnKeyser]

Not in Florida, they just passed legislation..

[@American-Motors-Corporation]

Yeah because pieces of paper that say you can't do something works.

[@Memememe-is1yn]

@@JohnKeyser I doubt they watch the news. I know many don't speak English. They watch Tik Tok. Very soon there will be a lot of "misunderstandings" that end up violent and not only in Florida either.

[@Eddie-qx7cx]

In Arkansas, we got the 12 gauge eviction notice. Lol

[@Jimmy-yu9xy]

@@Eddie-qx7cx Comes with a prison invitation too?

[@clankster0000]

I wonder how much Barbara was paid by the National Realtors Association and the National Home Builders Assocation for that Infomercial?

[@stantheman9072]

Establishment tool Cavuto collected his booking fee, too.

[@nickka2009]

You nailed it Barbara sounds very intelligent to expect houses to go up further. Expect huge crash after elections

[@patrickryan1515]

My thoughts exactly.

[@kennethpereyda5707]

and NYC

[@billaroundtheglobe]

@@nickka2009 Huge crash? lol All of a sudden MORE homes are going to available after the election? What is it you don't understand about basic supply and demand?

[@cruisingtheroad3903]

The problem is corporate america owns too much real-estate and dictates the price. Until you can kick corporate out of single family homes, price will be over priced.

[@orangemanonsteroids8569]

Yup true story. That started under Bush and Obama let it ride. He didn’t do a damned thing to stop black rock.

[@thomasrichardson-ev1wp]

No they own 2% of the market

[@thomassummer7478]

Are you including vrbo's, airbnb properties and farmland? Over 5 million semi-vacant single-family homes In America are being used exclusively for short-term rentals or vacation homes. A 10% increase in Airbnb listings leads to a 0.42% increase in rents and a 0.76% increase in house prices. Cost per acre, for farmland, has risen significantly since 2005. The number of U.S. farm acres owned by foreign entities grew more than 8% in 2022. Almost 44 million acres of forest and cropland are foreign owned. @@thomasrichardson-ev1wp

[@ianl5882]

💯

[@MB-we4dx]

@@thomasrichardson-ev1wp there is investor buyers who rent out the properties, also foreign investors. It is worth noting that corp America has never owned 2% until now and they are known to focus on buying en masse in busy cities so they are a factor in this too.

[@michaeljoyce-q6s]

I think houses prices are already through the roof.

[@coreenaburke5378]

Well we're staying here then.

[@charleslavoie5402]

Crashes happen when you don’t expect them.

[@bennygreene1421]

👍👍

[@ZuluNation05]

Let em pay high property taxes and insurance. It'll catch up to em.

[@DanielRicany]

@@charleslavoie5402but it sounds like everyone is expecting one

[@FindJoyInTheJourney]

Paying 6% to sell a home has always been ridiculous. The entire process needs to be redesigned.

[@busterbrown3125]

There are help u sell options out there for much less than 6%. You can sell on your own if you're brave enough.

[@jackieu8209]

I just sold my home privately. It was too easy. So I saved all that commission. And I haven't bought or sold a home in almost 21 years, so I didn't even know what I was doing, lol. All I did, was make one, little comment out on our community FB group....a group with only 30 people in it. Within 3 months, I had 3 parties contact me wishing to look at my house. I sold it to the first interested party. They are living in it now. The buyers actually helped me with the process because they knew what they were doing, lol. I was lucky I found good, honest people to deal with. They are living in my old house right now, and I am waiting to take possession of my next one next month.

[@joevarga5982]

It's being redesigned right now.

[@triciab7750]

We do not want prices to go through the roof. Families cannot afford a home. this is a real problem.

[@jfausset]

Most people involved in real estate will pretend to care about families but they can’t admit the harm perpetually pumping home prices does.

[@unknowndriver6652]

Exactly and those idiots acting like its not a big deal

[@tomcat8662]

What you want and what will happen are two different things.

[@nate_8403]

ever play monopoly?

[@CrzBonKerz21]

@@jfaussetsellers would need to want to sell their homes for less if that’s going to happen.

[@CubsFan2812]

They already are through the roof! Affordability is at an all time low!

[@thanosianthemadtitanic]

so you better get in while you can. You heard the lady its not gonna get any better and all the data suggests that. If you waiting on the sidelines for a miracle when you can buy now your a fool.

[@fire-4-effect]

You are not working enough hours. Stop whining because you can't afford a house.

[@Dane-o7q]

Saw it on the horizon. bought a luxury 5th wheel. have permanent spot. close to the beach. pay under $900 space/power/water. san diego north county very nice all year!

[@ShowMeWhatINeedToKnow]

@@Dane-o7q - California sucks though

[@Dane-o7q]

@@ShowMeWhatINeedToKnow Sorry to say, many cities here really do. most of san diego still nice, for now. another multi thousand caravan now at the border. not looking good.

[@Joeknowsball247]

I lost my dad about six months ago and I'm going to receive some money soon. Would it be wise to grow my money in stocks for a few years while I'm in college and then invest in rental properties afterwards, or should I start with real estate investing first?

[@williamJohnsonq8f]

I suggest consulting with an experienced financial professional. It might seem pricey, but as the saying goes, "you get what you pay for." My belief is that "Expert solutions require expert providers."

[@camille_ann3]

Reason I decided to work closely with an brokerage advisor ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage advisor guide me through the chaos, its been 9months and counting and I've made approx. 750K net from all of my holdings.

[@AaronTilt]

This is definitely worth considering! Do you have any recommendations for professionals or advisors I could speak with? I really need help with proper portfolio allocation.

[@camille_ann3]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith Lynn Staufer” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@Arnold-ic9jg]

I found her profile online and reviewed her credentials. She has impressive experience. Thanks for sharing! I've already sent her an email.

[@TheMoonkelly]

No way in 🤬 would I ever even VISIT NYC let alone live there!

[@mikeburrill779]

Definitely off my bucket list

[@ihmpall]

Stick to Alabama

[@karmasutra4774]

I went one time back in 2017 and it was fun to be there a few days seeing main sites. No way would I live there. Too chaotic

[@Worldofourown2024]

@@mikeburrill779 It was still pretty cool in 2009, but I wouldn't do it today. San Fransisco today? Nope. American cities with over priced hotels? Pass. I stay home in the 2020's for there's just no money.

[@diegojines-us9pc]

after 65 years trump moved. its safe now.

[@maverick-zj3jz]

I disagree with Barbra property taxes and hoa fees are through the roof. 1% intrest rates not going to help.

[@19MarkDavid]

It is unconstitutional for municipalities to levy taxes including property taxes. Unfortunately the courts have stood on the sideline allowing this confiscation and permitting states to write tax codes that fill their coffers with the greed of avarice.

[@jitkablahakova3073]

1% interest rates would not help? You ought to be kidding!

[@boss42971]

Where is the constitution does it say States can't levy property taxes? Look, I think taxes are theft but legal none the less. @@19MarkDavid

[@futube1976]

So far off from reality......

[@Dohair879]

They would sure as heck help. Do the math. Some can even do a 15 year on a 1%

[@barbarapackard873]

I live in Utah, the third most unaffordable housing, after Hawaii and California. Our wages are lower than most states. It is a sad thing when young couples and families can't afford an apartment, let alone buy a home.

[@mikeshafer]

I think Barbara is out of her mind. Prices are already outrageously overpriced, and she thinks they will go through the roof? They are already in the stratsophere!

[@domcizek]

IT DEPENDS WHERE YOU LIVE, IN FLORIDA OVER 1000 PEOPLE A WEEK ARE MOVING HERE, ONCE INTEREST RATES START GOING DOWN, HOUSING PRICES WILL START GOING UP AGAIN, AGAIN, ONLY IN FLORIDA

[@MrBings714]

Until there is significantly more inventory prices will continue to rise.

[@Workingcockers]

Just wait. My brother lives in the Toronto Canada area and a townhouse and hour outside of Toronto runs over $1 million. My brother has a farm he bought 8 years ago for $565,000 and it is now worth $20 million. He won the lottery. He’s going to sell in the next two years and the property will be worth around $25-30 million and he’ll have generational wealth in his bank account. People are getting 100 year mortgages to buy homes.😊

[@TheloniousJackson]

@@Workingcockersnobody likes a bragger

[@firesign4297]

Remember she doesn't live in the reality of the middle class...she speaking for the higher income folks....folks .

[@thatswickedawesome756]

I’m sorry, but Barbara’s not gonna say anything that could damage her investments in the cities. People are fleeing from New York City in droves and there’s no new investors coming in so all those young people coming in who are excited about the city will get a wake up call soon enough. They’re just too young to know what they don’t know.

[@thatswickedawesome756]

Why does the actual data show that the population in NY is dropping by hundreds of thousands. While cities in red states are increasing across the board. Unfortunately you’re the one regurgitating talking points. Good luck with that.

[@albatross8]

There’s no fleeing out of NY going on in Long Island especially The Hamptons!! 😂🎉🍾🥂 🌊 🌞

[@thatswickedawesome756]

@@albatross8 that’s probably due to the increase in non-citizens being bussed in from Texas.

[@doughaven-rf8id]

There actually are many people moving to NYC .... on a bus from the border. But that's about it. SMH

[@almetcalf]

@@lisaedwards6533 Simple search on Google proves you wrong. New York has the highest population loss in the country and it will continue with the dems in charge.

[@PaulKatrina.]

The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

[@Suleferdinand]

Real estate and stock investments may be good decisions, especially if you have a solid trading strategy that can see you through prosperous days.

[@DorathyJoy]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@ScottKindle-bk3hx]

My partner’s been considering going the same route, could you share more info please on the advisor that guides you?

[@DorathyJoy]

'Melissa Terri Swayne is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.

[@SandraDave.]

Melissa’s profile appears to be fairly knowledgeable, therefore I must say that I value the advice. After locating her online, I thoroughly read through her resume, educational background, and qualifications, and I must say that they were quite impressive. We have set up a meeting after she replied to my message.

[@geneduclos4003]

Barbara! Almost put my faith in what you spoke of until you mention the crime doesn't scare people off... really? I think you are mistaken. No one I know wants to ever visit NY anymore.

[@Emmyemmcee]

She probably has private security and lives in the sections of NYC that have less crime. It’ll get to her neighborhood eventually as it always creeps outward.

[@Hunter-sm8nd]

NY had its highest ever number of tourists last year. Not everyone is scared of living their life.

[@whatsamattayu3257]

You confused tge word tourists with newcomers.

[@Emmyemmcee]

@@whatsamattayu3257 all

[@noodle123ify]

@@Hunter-sm8nd seriously, there are so many tourists here it's ridiculous. I walked across the Brooklyn bridge last week and it was absolutely packed. people who don't live in NYC don't know WTF they're talking about...but they sure do love to talk about NY

[@brentdreisbach6829]

Gotta call BS on the desirability of NYC for young people. Young people don't want to feel afraid to walk the streets at night any more than old people do. My college age daughter just visited NYC and told me she would NEVER live there.

[@karmasutra4774]

Agreed. First night there a few years ago and we saw a groups of guys holding up and harassing a restaurant. Just like that right in front of everyone. Would never want to live there

[@diegojines-us9pc]

and someone from NYC would never walk the woods in the dark. so?

[@D.Wagner2]

@@diegojines-us9pcshh. The adults are talking.

[@Hunter-sm8nd]

Your daughter is not representative of the entire young adult population.

[@susanneschmidt6159]

Tell her to talk to my daughter who lives and works in that hellhole

[@alexsteven.m6414]

I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.

[@dengdelun3109]

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

[@NorthCarolinaForward]

You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

[@MarcyLoccy]

Do you mind sharing info on the adviser who assisted you?

[@NorthCarolinaForward]

“Rebecca Nassar Dunne” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.

[@belobelonce35]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@bryanspayde5681]

Housing is already thru the roof !! Kids in their 20 s. Will never be able to purchase a home .. 20 years ago my house sold for 73k. Now it’s worth 750k …. Crazy

[@mdishuge]

What 1000% appreciation over 20 years isn’t normal?

[@mdishuge]

In 20 years your home should be worth $7.7M.

[@bryanspayde5681]

@@mdishuge the same home in 1986 sold for 50 k I bought it in 2005 for 73 k. Wokist!

[@bryanspayde5681]

@@mdishuge wow you must be higher than a kite. Our a Wokist!!

[@mdishuge]

@@bryanspayde5681 I was being sarcastic.

[@rougeur]

This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family…

[@AllisonSherman657]

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate and stocks..

[@charlotterayeee]

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?

[@rougeur]

@@charlotterayeee Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances...

[@charlotterayeee]

@@rougeur How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

[@rougeur]

@@charlotterayeee *Mr Gary Mason Brooks* is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@beckinfidelis3916]

You mean they haven't gone through the roof already? 😫😫💀💀

[@firstlast9292]

This lady is full of crap and is just propping up her own portfolio.

[@ssam168]

She still in her la la land😂

[@robertdesantis6205]

I couldn't afford to buy my own house today.

[@Mr11ESSE111]

they will go now into orbit

[@boogsassy1]

@@robertdesantis6205That’s us as well. We talk about that all the time.

[@johnlerner5346]

FJB! - Charge Him for Treason and Insurrection! If Incompetent, Impeach and Charge him for Treason!

[@davergent1521]

Trump did those things. He made deals with the Russians. He lead Jan 6. He was incompetent during the pandemic. Lied about Covid-19. Lied about the 2020 election and hired fake electors to try to steal it.

[@raulcitraro]

What does FJB stand for?... Oh! I got it, FREAKING' JOE BIDEN

[@levans9257]

He admitted to bribery.... FJB!!!

[@diegojines-us9pc]

the parrot is still at work.

[@michaelmcclurg9698]

Yes, it’s way way overdue- a well seasoned career criminal & deep state Communist Puppet who must be held accountable

[@dylanmoris6211]

As December approaches, the home I purchased in 2023 has appreciated by $60,000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300,000 in the real estate market.

[@KelvinWallace]

portfolio diversification is very advisable in the investment plane , well i think you need to get a financial expert to assist you with the best financial goal.

[@Markjohnson09]

Exactly , a lot of people neglect the need for a FA , i've been in the Housing market for years , i didn’t see need to diversify, but since i got portfolio manager , i make $100k every quarter for the pass 5 years by diversifying in different financial market

[@halimatanko7538]

@@Markjohnson09 would greatly appreciate if you could share some information about your financial advisor. I'm also interested in making positive changes to my finances this year, so any insights would be highly valuable to me.

[@Markjohnson09]

My CFA ’Marisa Breton Dollard’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@halimatanko7538]

@@Markjohnson09 I've come across a lot of recommendations but this one stands out. Marisa Breton Dollard" resume is pretty sophisticated, and shows she was active during the last bear market, I also emailed her. Thanks for the info!

[@bryanspayde5681]

New York is losing! Young people from New York alot of them are here in Ohio and can’t believe how much better a life they have ….

[@diegojines-us9pc]

i been thru them cities in OHIO. and left before it got dark. they use meth wrappers to fill pot holes.

[@bryanspayde5681]

@@diegojines-us9pc notice your afraid to use your real name ! Lol

[@diegojines-us9pc]

@@bryanspayde5681 noticed you was looking for it. gonna send me a surprise? 5681

[@MikeBarbarossa]

She's hyping NYC because she owns property there. Vested interest. It's progapanda

[@sl4983]

That's why they're housing illegals at the Roosevelt Hotel at government expense

[@ronniesearcy6602]

The housing costs have already gone through the roof‼️🤬🤬🤬🤬🤬

[@DR-yl5sp]

Agents do not deserve 6% commission, especially on high end homes and homes that sell quickly. How can they justify taking 50k plus in fees for not doing that much. It’s ridiculous! It’s time for buyers and sellers to do peer to peer transactions and cut out the middle man!

[@thesummerland6165]

agree, a lot of self serving people became realtors for the greed and fast buck

[@Dbb27]

Commissions haven’t been at 6% for the last decade.

[@DR-yl5sp]

@@Dbb27 Even 5% under the same scenarios is ridiculous.

[@Dbb27]

@@DR-yl5sp there’s a solution. Don’t use a Realtor! No one forced anyone to work with a Realtor. There’s more options now to advertise and promote a property than ever in our history. I was told Realtors would be obsolete because of the internet in 1994 yet we’re still here. Guess some people don’t want to drill their own teeth.

[@JustCallMeLiberty]

Agree 100% Simplify!

[@2legit2Kwit]

I’m not waiting for interest rates to come down, I’m WAITING FOR PRICES TO COME DOWN!

[@johnboomerboy3042]

You’re not going to be happy. Home prices wont be dropping anytime soon. 2008 was the result of Chinese money that was momentarily injected into the market combined with the Bush administration continuing the Clinton policy of compelling FANNI MAE to require the inclusion of high-risk loans in order to put an end to red-lining. Good intentions, horrible results.

[@domcizek]

AS SOON AS INTEREST RATES GO DOWN, HOUSE PRICES WILL GO UP, REMEMBER YOU CAN ALWAYS REFINACE AT A LOWER RATE

[@jamiewalters7869]

@@domcizek That is the conventional wisdom and what Barbara suggests. However, when rates come down, how many home owner's with a mortgage at 2% to 4% will be more willing to list (resale market)? At 5% on the 30 year, will some % of people with mortgages list and will those listings put more downward pressure on prices than any new demand from the lower rates? People with 2% to 4% rates now are holding on even if they want to sale because the asset is not the home but the low rate, and for most, that asset, the low rate mortgage, is not transferrable to another house. That's the only thing I'd challenge Barbara on from that segment. She's spot on with the rest of what she is claiming.

[@Godsgraceish]

You always port your mortgage so you can sell

[@2legit2Kwit]

@@domcizek I’m a cash buyer looking for the deal.

[@DsonicJ5672]

In hot markets, people will never sell anymore because they have golden handcuffs from artificially low mortgage rates. Sad reality, but the FED broke housing

[@acornsucks2111]

Fed did nothing wrong.

[@thedalillama]

My closest friends bought less house than they can afford and are now trapped in neighborhoods that aren't great. I actually warned friends that could happen. Others that stretched practically got free houses due to excess appreciation in better neighborhoods and fat mortgages under 3%.

[@Iloveit9643]

What about property tax.

[@holmesrealestateteam8327]

On purpose

[@karenhardie1132]

Feds broke the housing market. No one is giving up a 3% rate to go to 7. Supply is low so prices will be high.

[@cornkiller534]

People don't care about crime until they are a victim of it.

[@LifeAsDane]

I will say almost every buyer I've ever talked to asks about the crime in the area.. so I disagree

[@lvbadboy]

@@LifeAsDane exactly that’s why so much shifting in areas

[@cashmeremonroe7715]

Well, those are the people that bury their head in the sand anyway. Not the people who stand up and try to make a difference.

[@baderinwa1]

Most people are not victims of crime, especially property theft and assault. Our perception about crime, is fed by the media and politicians. Politicians push the crime narrative to frighten us into voting for them. I am in my early seventies. I grew up in the inner city, and never experienced any violence or property theft. I moved to an affluent neighborhood in Arizona and had two expensive bikes stolen from me.

[@tonysilke]

prices are too high. With rates not subsidised in ’24 and mortgage still high , currently seeking alternatives to maximize savings without an RV move or taking a loan. I’m seriously contemplating the latter.

[@sattler96]

Affording our mortgage is tough as well. I have suggested cashing in, renting or relocating, and investing the rest in the stock market.

[@mikeroper353]

If you can afford to relocate, you should manage the mortgage.

[@PhilipDunk]

if you are looking to invest in the stock market, I suggest you Consider a fiduciary with mortgage-backed securities knowledge for guidance. Prices today may look like dips tomorrow.

[@sattler96]

I know. I'd enlist a reputable fiduciary. How do I find and vet them?

[@PhilipDunk]

Melissa Rose Francks is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

[@sabastinenoah]

Housing prices are unlikely to significantly decrease until there's a substantial increase in housing supply. In the USA , there's a shortage of millions of housing units, and construction isn't keeping pace. The constant demand for housing, coupled with population growth, means that even a slight price drop attracts numerous buyers who quickly absorb the available supply. I'm considering purchasing affordable houses in 2024 and possibly venturing into stock investments. When is the best time to enter the stock market? Some people say it is profitable , but others say it's risky. Any advice?

[@Peterl4290]

Consider investing in stocks especially during a recession . While recessions can be tough, they can also offer good chances to buy low and sell high in the markets if you're cautious. Just remember, this is not financial advice, but it's a good time to think about buying stocks since having cash on hand isn't always the best option.

[@larrypaul-cw9nk]

If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.

[@Mrshuster]

Mind if I ask you to recommend this particular coach you using their service?

[@larrypaul-cw9nk]

Credits goes to " Vivian Carol Gioia one of the finest portfolio managers in the field. She's widely recognized you should take a look at her work.

[@Mrshuster]

Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.

[@althunder4269]

There's lots of houses to go around if speculators and investors would stop hoarding them.

[@Shawn-ff2rf]

Blackrock led by ✡️ Larry fink and other corporations

[@pascalouellette8516]

NY is a dying town, that hasn't realized it like a frog boiling

[@mosesmartinez4364]

SHES DELUSIONAL

[@mtmg3648]

NYC here. I agree.

[@FrankGallagherr]

Close the city and make it a big prison

[@emilianopimentel4076]

I hope it can make a come back in the near future and Trump save us New Yorkers

[@backalleyburrito1815]

​@GoldTau-km9dmnobody even foreigners want to invest in New York because they hung themselves. So no, new York is doomed and you're going to eat your words.

[@poitiers2853]

The elites that have their houses, forty acres and a mule are talking to the rest of us about house prices.

[@MR..181]

Racist much ..thieved?

[@MoneySavingVideos]

My house is afordable because I bought it years ago. But if I had to buy it now, no way could I afford it. So I am staying in it like many others. Basically the people who did not buy years ago are screwed. I remember in 2008 they could not give homes away.

[@zline-sp2fs]

Same here. I'm not sure where you're from, but in NJ, my house, while it's worth more with a 2.75% mortgage, my taxes, bills are so far through the roof, I can't afford my house anymore. I need $30,000 just to cover Taxes, insurances, basic bills, fuel.. it's sickening.

[@zline-sp2fs]

​@MoneySavingVideos When I bought in 2014, my taxes were under $6k. Now they're $14k! Special school tax last year was an extra $3k. And my insurances for home and auto are at $5k even though I have a 10 year old car, no accidents or points, and I've done nothing to my home. NJ just wants to empty our pockets at this point. I can't wait to get out!

[@boogsassy1]

That’s us as well. We are in Illinois.

[@acornsucks2111]

Shortage of houses where people desire to live.

[@Terrathrax]

No, there's TOO MANY PEOPLE.

[@thanosianthemadtitanic]

​@Terrathrax not in detriot and Baltimore. There selling houses for $1 practically giving them away. OP is right

[@CrzBonKerz21]

@@Terrathraxglobal over population?

[@albatross8]

@@thanosianthemadtitanicWatch the movie Detropia change your mind

[@chomama1628]

@@Terrathraxstep up and buy your ticket for a dirt nap… I didn’t think so.

[@RuthEvelyn-rc3bg]

If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[@CrystalJoy-32]

Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.

[@LuvmeRos]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@FrankPatrick-no8zo]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

[@LuvmeRos]

Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@albacus2400BC]

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

[@njpme]

I'm young and will never live in NY. I like my yard space and less pot holes.

[@Iloveit9643]

So people are complaining about food prices and not affording them. But out of left field everyone is goona have tons of extra money for house's. Not seeing the connection.

[@jammahamma3058]

So true

[@johnpi2608]

I don’t agree with you on this. If you think the middle class is hurting today, I think you’re nuts. People are spending $10K - $20K per kid to have them in club sports. When those clubs stop, then I will think the economy is hurting

[@Iloveit9643]

Well according to Fox Biden has put everyone in the poor house. But I'm with you I realize many people are doing just fine.

[@johnpi2608]

@@Iloveit9643 I was having a conversation with a Trump fan today, he is die hard fan, and he was telling me how horrible it is now for him. Then he was talking about how his $2 Million in real estate is just not covering all his bills and he has to have a job for insurance on his family. Head scratch!!!

[@DelindaHenderson]

Think about who has actually been buying up real estate - these are the buyers they actually don’t mention in this interview…

[@juliopatinopacheco9050]

As we go through property tax assessments, current homeowners will get significant tax increases based on their estimated home value. High property taxes will force people to move out of their towns (already happening in Chicago), thus more homes will be available helping to correct the house market.

[@BotsWeekendCovers]

I have never met ANYONE who wanted to go to NYC? Expecially now. Where do you get your info?????

[@1wheeldrive751]

@@kingelvis4688hipsters are renting. They aren’t buying real estate.

[@BotsWeekendCovers]

@@kingelvis4688 Seriously? Wow

[@kennethpereyda5707]

your elected mayor does the job of trashing the city no need for our input@@kingelvis4688

[@kennethpereyda5707]

NYC is cool if you like crime, mugging, squatters, homeless, illegal immigrants@@kingelvis4688

[@tnndll4294]

She said young people who are new are excited to be in NY. Maybe they should take the subway.

[@bweaver760]

Houses are not selling in my area as fast as they did a couple years ago! Basically, the high interest rates and Biden’s wonderful economy has caused a freeze in selling homes here in Houston area!

[@mtngrl5859]

The number of homes selling has been down 40% compared to 2021. However, prices in California have appreciated by 7% in 2023. What we are seeing nationwide is that for new construction to sell, they are having to "Buy Down" rates into the 5.75 range to move homes. Many are predicting by the 3rd quarter of 2023, rates will be down to 5.5%. If that happens, prices are set to increase. The big challenge is that no one wants to give up a 3% loan to buy another home, so this accounts for the lack of inventory. 3 of the last 4 homes I sold, were cash sales. So, people are borrowing against stocks to buy properties. This is a hardship for first time Buyers. Yes, the present admin is not good for business or the public. If DT is elected again, he's got a lot on his plate & not sure real estate will be his first priority.

[@wordsaladd]

CA will always go up. People who left now want to come back and most can’t because their Texas house is losing value quickly while CA keeps rising.

[@sl4983]

Need to adjust the prices

[@mtngrl5859]

​@@wordsaladd Agree. That's the hard fact about living California. I had a client call me last week about selling their home, it would of sold for about 2 million. However, I sold them their home 20 years ago & they did a refi when rates were 2.75. I advised them not to sell. In the past year alone, their home has appreciated over $100,000. While California is indeed expensive, there are many excellent things about it--apart from the weather-- that is difficult to duplicate. So, if someone wants to move to another area, I suggest they rent their home out for a year & live in another location before selling.

[@wordsaladd]

@@mtngrl5859 it certainly has its many issues but what state doesn’t. The positives is a robust economy, ski and surf same day, best climate in the US and overall a great lifestyle and beautiful place to live. After several years in FL I’ve learned to just stay put, the grass ain’t always greener.

[@justanopinion2224]

Barbara is a realtor and she is in housing business she will never say home prices will fall down even it will happen tomorrow, all realtors say the same thing ; prices will go through the roof but we need to ask middle glances and families if they are willing to pay these high prices ? Anyway by next yes will see where the market is heading!

[@Grace-el7yy]

She won't mention Blackrock though because it's not politically correct. They and their disgusting tentacles are grabbing up all the real estate by design. Then there's the money laundering aspect. Then shell companies buying up everything with Chinese investors. Coming in by the droves. It should be illegal for foreigners to buy up our real estate. Trump should have passed laws to stop it. Plenty of blame to go around.

[@themartingroup7143]

When you have a sizable savings, good credit, and been on your job for two year’s or more that pays enough to afford a mortgage, is the right time to buy. Has nothing to do with the market.

[@firechase7640]

Property tax system is broken, explain why if you’re living in a home that you paid 300k for and you sell and buy one for 500k your taxes jump dramatically. Your impact on local services didn’t change your family is still the same size, same amount of kids going to school. It’s absurd that you pay more just because your house cost more no other reason.

[@glennwatson3313]

Do you want people who own 300k house to pay the same property tax as people who own 500K houses?

[@thefireman2854]

@@glennwatson3313 The real questions are where is the tax money going and for what. It is way past time for more than 1% of people to get involved, going to meetings and getting all the information.

[@domcizek]

THEY KNOW THAT IF YOU CAN AFFORD A 500K HOUSE, YOU CAN AFFORD THE TAX

[@dallas44forlife65]

Her wealth is connected to real estate and she is a salesmen … she is going to paint a rosey picture no matter what

[@damnright4]

Like asking a used car salesman if today is a good day to buy a car.

[@saltlakesnowbunny3051]

Dallas....Exactly

[@the_stixXx]

All we hear about is "agent fees", have you seen the other fees associated with closing?

[@peteshour768]

As home values increase, homeowners insurance increases because of replacement costs for repairs. Taxes also increase as home values increase.

[@jsd354]

5 buyers out there per house….but is there 1 buyer in the 5 who can afford that house?

[@CrzBonKerz21]

And people blame agents for “bidding wars”

[@silentdormancy]

Yes the billionaires buying another investment property

[@Fried52]

I pretty much agree with everything she discussed. Bought my first house in 1972 in CO. Had a first mortgage at 8% and thought that was a bargain. Sold that house 12 years later and made almost double what I paid for it. Then bought a condo on the beach in Huntington Beach. Had a first on it at just over 12% and knew it was a bargain. Sold it in 2001 to move to Florida and made almost 3 times what I paid for it. And it only gets better. Got out of the market in 06 and rented for 2 years, saw the crash coming, bought the house were in in 09 and it's worth more than double what we paid for it. Reified in 21 and locked in a 2% loan for 15 years, pulled a bunch of equity and using it for part of our retirement income. POINT IS , RE is a no risk trade at any price, as long as you don't buy more than you can comfortably afford to keep up and maintain to stay in the trade. Forget about rates. Doesn't matter. History proves that. Market prices will always adjust to reflect them. Just stay within your means.

[@Phila80]

Housing is unaffordable for 90% of Americans. Median price of a home in 2010 was $168,000. Now the median price is $418,000. This means an average of 18% appreciation since 2010. Wages have not gone up 18%. Working class people are lucky to get a 3% raise. The whole real estate industry is corrupt.

[@trex860]

The real estate market in Charlotte NC has gone completely insane. Years ago it was the McMansion phase but now, a 2500 square foot home inside the Charlotte beltway is priced in the millions of dollars. In Mooresville , NC there are zero homes for sale under $300,000. That market has got to be in a bubble.

[@thebikeracer]

Yep. And the governments in Mooresville and charlotte are loving racing the values of our houses. I just took a $1500 a year pay cut because my property taxes went up. It’s def going to bust soon.

[@stevenevangelist5221]

Make sure your tax value is correct.

[@thebikeracer]

@@stevenevangelist5221Don't have much say in the matter. I could go through the trouble but have heard the best results are maybe a 25% reduction. And I know from comps, assessed value it probably right. My beef is that I'm being taxed on unrealized gains. I'll never see the profit if I sell. The county/Gov. should only be allowed to tax on purchase value. They shouldn't be allowed to adjust - it's just profit for them.

[@user-wg3bu5wh6d]

​@@thebikeracerit isn't going to bust, big firms are buying with cash. There's nothing to bust.

[@thebikeracer]

@@user-wg3bu5wh6dStill going to bust.

[@jeanninemancini1723]

They mention real estate in Florida but leave out the insane insurance prices….

[@ChrisPyle]

I was buying run down properties for 75k and putting 40k into them, then selling them for 190k. Now, those houses are selling for 200k in the 75k condition. There's no room left

[@SigFigNewton]

You know it’s possible to build housing units, right?

[@ChrisPyle]

@@SigFigNewton that's a different contractor license. I can't alter existing footprints. That said, I'm going to get that license next because you're right lol

[@SigFigNewton]

@@ChrisPyle I’m just saying that “no room left” is only as true as our society allows it to be. There are plenty of cities around the world that have much higher population densities than a typical US city.

[@pearlperlitavenegas2023]

you should have kept them as long term rentals instead but you thought the gravy train would keep going

[@ChrisPyle]

@@pearlperlitavenegas2023 It's called an income lol Every third flip I have kept as a rental, but it's kinda hard to keep buying more if all your money is tied up

[@amardeepsidhu2871]

I know in Florida big investment firms building thousands of houses just to rent . Between Airbnb and investment firms regular buyers. Good luck.

[@shelleyruiz3639]

Same in georgia

[@diegojines-us9pc]

because they have no insurance. and the big ones. they seem to fall down alot in florida.

[@Grace-el7yy]

Paying $300,000 over comps too just met someone who got that offer. She declined.

[@rapp-in1mz]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024..

[@bonner-qv3mi]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@rapp-in1mz]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@rapp-in1mz]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you..

[@TaxTheChurches.]

People who still have cash, especially corporations, are still paying 20% more than asking price.

[@rubiesofgold7698]

Wow, sounds risky. What specifically is making you think market conditions will be good in the remainder of 2024?

[@BillJohnston-y7o]

Only in a very few markets will go up, she's a typical realtor, she's full of it.

[@sl4983]

Realtors are positive and optimistic, I think that's good. They have a "yes you can" attitude.

[@busterbuster8193]

Fox needs to put the freaking date on their scroll. When was this recorded? Today? Yesterday? Last month? Last year? Last decade?

[@FWMCBigFoot]

All you have to do is look at the stock ticker scrolling across the bottom of the screen. This video is recent. DOW was ~$39.4k when this was released, today Easter Sunday it's ~$39.9k and trending up. So I'm guessing very recent. If I cared to put a little more effort into it, I could check a few more stocks and dial in right down to the hour.

[@nicolejennings8389]

It says 4 days ago at the top of the video info. Next to 922k views.

[@FWMCBigFoot]

@nicolejennings8389 4 days ago was when it was uploaded, not necessarily when filmed.

[@seashackf1]

⁠​⁠​⁠@@FWMCBigFootthey don’t wait weeks or months to upload. At most it would be a couple of days, but it’s usually within hours of it being live.

[@roadrunner9622]

​@@FWMCBigFootOr the poster could just specify when it was aired.

[@aWedrownik307]

Where were the supposed shortages before covid? Where were these 10 buyers per house in 2019 when prices were less than half of what they are now, AND rates were much lower?

[@Dbb27]

As of 2019 we were 5 million builds short in our housing market. The pandemic pushed the market and Trump administration kept hammering the feds to push down interest rates. Add in the low interest rates which qualified more buyers in a tight market plus those that didn’t want to sell because of the pandemic and you have a very hot market. We’re now at 4 million builds short but also have the highest group of young buyers 25-35 since WWII.

[@nolongeranurse3369]

They were out paying for " exsperiances" and delaying getting married or having children.

[@gtwentyeightclub887]

Prices were caused by 0% interest rates, not a shortage in housing. I'm sorry but the population has not gone up 200% since 2019. Lets be real. We need to get the investors out of the housing market and the Boomers out of politics. All of our lives will improve henceforth.

[@rdred8693]

Sick of Boomers, and Barbara is an annoying Boomer.

[@easportssucks4347]

top comment

[@arbitrader893]

Shes so out of touch she doesnt realize how unaffordable houses are now. Whos going to qualify for homes? Imaginary people? Houses prices are coming down.

[@doughaven-rf8id]

Today just coming up with 30% down is huge with the price of homes. Then factor in the current interest rate and the mortgage is crazy.

[@user-wg3bu5wh6d]

Who can afford them? Blackrock, State Street. Trillion dollar balance sheets, I think they can afford them. But you making $70,000 cannot. And that's the plan man.

[@arbitrader893]

Doesn't work that way. They are actually selling what they've bought. @@user-wg3bu5wh6d

[@randymillhouse791]

I keep hearing the same old WHINE. My wife and I really began saving money in 2016. We had enough in 2020 to invest in IRA's, and annuity, allocate more to 401k's, etc. We had more saved than we needed for the downpayment our home that we bought in 2022. You must reread my second sentence: "We really began saving in 2016." That was 8 years of hard work and savings habits. It became a lifestyle that started with saving $100 per month and then snowballed each time we got raises of new jump pay bumps. We still live like cheapo's. Houses are not unaffordable, people's lifestyles ARE!

[@timothyandrewnielsen]

Lol randy. Congrats on saving for 8 years just to be a slave to that interest rate for your 30year mortgage. The bank thanks you.

[@Darkskindiplo]

He’s basically asking a real estate agent if it’s a good time to buy a house “Prices are going to go through the roof, buy now!”

[@Grace-el7yy]

I remember Greenspan saying that before the crash. But now we have Blackrock to contend with. Behemoth who hates humanity.

[@themartingroup7143]

When you have a sizable savings, good credit, and been on your job for two year’s or more that pays enough to afford a mortgage, is the right time to buy. Has nothing to do with the market.

[@MW-xm1rc]

Just got my 2nd revised assessment for my home for 2024. Lot value went up $20,000! This is nuts. Governments plan is to own all housing.

[@franklee9127]

Our home in Oklahoma went up in value 55k since last year...I guess they want more tax money

[@doughaven-rf8id]

If you need a home equity loan or planning to sell then the increased value is great. But if you are doing neither of these even with your home paid off the increased value becomes a liability due to higher property tax and insurance . Screwed without a kiss.

[@patrickmckeown3683]

I just had to go to New York City to board a cruise ship. The place is way overpopulated and basically a crime ridden cesspool. Lol. Sorry to be the meanie in the room.

[@krose9941]

I was literally just arguing with people about Austin,Tx lately. I love it there,but nah, that area has become ridiculous.

[@tedmoser3657]

She revealed the state of NYC currently, older people (and their money) are leaving, younger people (with no money) are moving in.

[@JarvisArson]

She didn’t say they (younger ppl) didn’t have money. You cant go there unless you have money. Rich parents i presume?

[@davidtanguis4247]

She supposed to be a guru of property. Why doesn’t she speak about the insurance? People cannot afford a house with insurance as much as the house

[@azcharlie2009]

Home prices are not really going up. The value of your dollars is going down. Plan and simple. The government has to stop printing money, and then spending it like a drunken sailor.

[@bsutton2084]

Most real estate agents/brokers are always bullish with their public declarations. This means little

[@LeTigre22]

The monthly payment on a home that is 7% and drops to 6% is not very different. There is no way people are sitting waiting for a mortgage to go down $100 a month to buy. It would need to get to below 5% to really make a difference

[@ELDEREDTUCKERJR]

Real estate agents are only interested in a commission! They put your house on the MSL, sit back, and wait for the phone to ring! They do not earn the outrages commission Schedule! I bought my last to properties from the owners, and saved thousands! You only need a good title company! It works for me!

[@edwardstrishock8541]

Housing went through the roof several years ago, its now entering the stratosphere

[@melmingin8445]

I thought housing prices were are ready through the roof!!!!!

[@Tucanaldeinversiones]

The more they go up the harder will crash prices are already ridiculous, my home is like 3 times what i pay on 2015

[@deadondave9251]

Housing crisis ? We don't have a housing crisis. We have an income (or lack of) crisis. There as many people and houses as we had pre-pandemic. The main issue is , that the people selling their homes have to pay equal or more to be in the same house somewhere else. They don't want to do that , so they are staying put. Supply/demand.

[@pascalouellette8516]

Not sure Corcoran is on target, commissions are about double in America compared to other countries, that will trend down not sure it will be cut in half but close??

[@mtngrl5859]

That's not exactly true. While in some countries it's less, that's because they are already paid an hourly salary +commission. In addition, they are not Realtors they are sales agents. The difference is that they have ZERO liability if the roof falls in, foundation etc. Every transaction, I work on I have a 10k deductible if there are any issues after close of escrow. So, Buyers are protected. Plus, I always pay for a home warranty plan for the first year, so if there are any issues, the Buyer is covered. In Denmark, there is a 7% commission, the agent does no advertising/marketing beyond placing one's home on their company website. So, they make more. In most countries in Europe, there is no MLS or computerized system of all of the homes for sale. This is what Realtors pay for. So, consumers have to go to each individual office. Besides paying an agent fee, they have to pay for a lawyer in addition, as well as a notary. There is limited protection for the consumer. Their total costs are similar or higher than in the USA. When I first started working with International clients, most couldn't get over how much I do for them. The average number of hours in each transaction is between 240-300 hours. I work closely with the lender, appraisal, escrow and title company. Recently, I sold a property that the title company didn't properly record a deed. I had to research the last time the home sold, since the previous owner had died. I had to research who their heirs were until I could make contact wit someone. Long story short, I resolved the issue after about 40 of work. What I will say is that the real estate profession in the USA has not been good about letting consumers know all of the things encompass what we do. I bought several homes in Latin America & its a wild experience. Net listings are very common. How this works-- if a Seller tells a real estate office they want 300k for their home & anything over that its the office's to keep. So, they list the home at $385,000 and sell it for $350,000. So, they've received a 50k commission. In the USA, they'd only get a 18k commission. There are very few disclosure requirements down there & the public has no rights to have access to their computerized listings. There are very few lawsuits down there. I've watched videos on You Tube about people paying homes in Portugal. Just from my knowledge of selling rural homes, I've asked the content creator several questions about their home, the new owners were told nothing. So, this shows there was limited to no disclosure. Plus in those countries, the Buyers do have to pay their Realtor for their services. I believe its 2% there & then you have to pay for an attorney and notary, there isn't any savings.

[@hermanramos7092]

I’m a new dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.

[@jonathanolulu1948]

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

[@LagerthaJackson]

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.

[@SallyW414]

Certain Ai companies are rumored to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.

[@jonathanolulu1948]

this is all new to me, where do I find a fiduciary, can you recommend any?

[@SallyW414]

Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@ilikesports8936]

Every time an investor buys a house, they take away a home from babies. Someone stop them!

[@CrzBonKerz21]

This would be an interesting thing to see play out, imagine how many more homes would be released into the market if property classed as single-family couldn’t be owned by corporate entities as investments, whether that entity is big or small.

[@damnright4]

Flippers do drive up prices as its just a business to them they have no intention of actually living in it

[@norawheeler2555]

The number of single family homes used as rentals has decreased five of the past 6 years so that's not what's creating this problem. Why don't you look to the additional 10 million people who have poured across our borders over the past 5 or 6 years and ask yourself where they're living? Because if you think they're not taking up space at the lower income level in this country you're not thinking. They drive the price of low-cost housing up whether it's apartments condos or houses and our government exacerbates that problem by giving them money to compete against Young Americans who want to find a place to live

[@ravenspellman8370]

​@@norawheeler2555The U.S. population would be nose diving without immigration. Look at the birth rate.

[@norawheeler2555]

@@ravenspellman8370 first, the US fertility rate has been increasing slightly every year for the past 6 years or so. Second the US fertility rate is higher than Canada, norway, ireland, the uk, and about half the developed world and it's not anywhere near causing significant problems

[@thecarpenterssheep]

people already cant afford them... expect deflation

[@Olly.sunshine]

Moving into cars suvs rvs you name it.

[@gregfawcett5152]

There are 5 buyers for every property for sale.

[@American-Motors-Corporation]

Yeah except I've been seeing that theory crumble been watching that for a while.

[@ChristopherAbelman]

I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover in 2024.

[@PennyBergeron-os4ch]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@HildaBennet]

I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

[@PennyBergeron-os4ch]

Her name is “Sonya lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@HildaBennet]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@jamest8967]

Hahahahahahahahahahahahahahahahahahahhah😂😂😂

[@DannyFyffe]

This woman may have known Real estate 10-20 years ago, I don't know, but to say she missed every mark is an understatement. The economy is going down as layoffs are finally happening, the money supply is dwindling , manufacturing has literally fallen apart. Retail sales are dismal at best. inventories are high. Houses can ONLY come down. She needs to learn basic economics. it is apparent she is a rich woman but out of her ivy league, she's clueless. Since Neil blew so much smoke up her skirt, he too is clueless.

[@del5629]

Where there’s money to borrow….there’s money to spend! Welcome to America….!

[@DannyFyffe]

@@del5629 Yep, but the money is going down. The supply of money I mean. Less of it will lower prices and make cash king. Barbara for all of her money forgot the most basics of economics.

[@jameskozlowski5496]

I agree she's wrong on just about everything. She should stick to commercial real-estate. I knew she was clueless whe. She was "buying in Baltimore " clueless is an understatement

[@lindariddle6973]

These people don’t live in the real world

[@coreenaburke5378]

Correct.

[@haywoodjay385]

65% of American agree, FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB. FJB.

[@diegojines-us9pc]

65% of republican American if you want to factual.

[@davergent1521]

FDT

[@diegojines-us9pc]

@@davergent1521 that will make you between 130K and 90M. if you still want ot.

[@Leonard-hk1nf]

You can’t say FJB long enough or loud enough !

[@diegojines-us9pc]

@@Leonard-hk1nf to have any effect. but lock him up is getting catchy with jurors.

[@chrispatriot]

Oh boy, Barbara always was the slightly jaded one of the bunch... Her and Mark Cuban... They may know how to make money, but they certainly don't know how to view moral trends, and historically speaking, neither one of them have a clue how to handle the BUBBLE that's on its way later this year... I also hear what Barbara is saying about some markets having a high demand, so a drop of 1% will further that rush. But, there's a back laid problem that none of these real estate investors want to talk about, or want you to know.. And BE CAREFUL because THEY KNOW IT EXISTS, they just want non-savvy investors to float their money in it, so that when it DOES FALL, it'll be YOUR MONEY that backfills these massive crashes and not theirs. Because they know how to maneuver the stream as it crashes, YOU DON'T! So your money will get lost in the sucking pool, while their's gains buoyancy and rides the top surface.... TRUST ME, another housing bubble is coming! And it'll be worse than 2008. Trying to lure rookie investors into this marketplace, is what SHARKS DO... ;)

[@EUP2023]

Real estate go up? Really? Recession already started. 90% off soon

[@55points]

When a for sale sign goes up here especially a fixer upper its gone in two days.

[@diegojines-us9pc]

because no one buying. well according to fox.

[@doughaven-rf8id]

That's sort of like how used car lots sometimes do better than new because used, like a "fixer upper" home, will be good enough for a while. Many other factors like a bedroom community outside of a city offers a lower cost of living keeping the cheaper homes selling. However, a smaller town with affordable homes may find sellers struggling if they are too far out and the long commute becomes an issue.

[@laurence1643]

I paid cash for acreage and built my own . Screw all the real estate leeches!

[@RicondaRacing]

I'm from NY and I live in FL now. I've never heard one Floridian say they want to move to NYC.

[@Gforu81]

😂😂❤

[@spokes28]

Sell your home by owner. Don’t give anyone 6% of your home’s value.

[@doughall4609]

I don’t believe this woman. There is such an overstock of new homes right now, some of these builders cannot give them away. Yeah, you might have to move out of state to get one, but they’re everywhere, especially Tennessee. There is no shortage of homes, only an influx of greedy people and greedy realtors….

[@olgaglenn9914]

5 buyers for every single house? So how come houses in Florida are sitting with price reduction, after price reduction and were not overpriced to start with. She got pay to say that..

[@MR..181]

Forced associations..