Realtors: The election just flipped the housing market

[@BrandonMulrenin]

🚨 Free Listing Agent Course: 👉 bit.ly/3YAhVR5

[@hairbylauram]

"join group" link doesn't do anything

[@vikings33100]

Everyone’s so focused on the rates but no one is talking about how most house prices have increased 160% since 2019.

[@ihill6533]

This is the problem not interest rates

[@freedomwarrior5087]

I always believed that the values were artificially inflated to increase property taxes for when the bubble arrived. I really believed that would happen by the end of 2023. Now home insurance is though the roof in many places too. I think there's a big supply coming, but many will take the bite.

[@IamJonny-o4v]

I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

[@JacobsErick-u8r]

It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio..

[@JesusLeee-i9r]

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 $375k to around $650k.

[@winifred-k9e]

in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

[@JesusLeee-i9r]

Melissa Terri Swayne is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@LUCIASMITH-d1z]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@randywilliams6248]

Homes are over priced, period. They need to come down.

[@ms.b9093]

They will when tariff inflation kicks in ! Unfortunately interest rates and job losses will be so high , no one will be able to afford them either!

[@vcash1112]

@@ms.b9093 Tariffs will not create inflation if it does one time only..

[@JR-eq6jz]

They are not coming down. And will not. The Fed will assure this will never happen. Unfortunately. They have QE and zirp.

[@tmo2798]

@@ms.b9093 Or sell them.

[@genxtechguy]

Relax, ease off the CNN. The threat of tariffs is mostly a negotiation tactic.

[@Tonyrobs2]

I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

[@viviancarolgioao]

Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days, also employing the service of an advisor would be great

[@PASCALDAB]

Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.

[@SeanTalkoff]

This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation

[@PASCALDAB]

'Sharon Ann Meny' 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

[@SeanTalkoff]

Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.

[@ryan_dylan6650]

Many individuals overpaid for homes, even during a period of low interest rates, leading to significant debt burdens. I anticipate a potential housing crisis, as these homeowners may face foreclosure if housing prices continue to decline and they are unable to meet their financial obligations. In such cases, with little to no equity, selling the property would likely not yield any profit. I believe this scenario could affect a large number of people, particularly given the looming mass layoffs and rapidly increasing cost of living.

[@debroahmorrow5919]

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!

[@leonardives1991]

You’re absolutely right! With guidance from an investment coach, I was able to diversify my 450K portfolio across different markets and grow it to over 830K in net profit through high dividend stocks, ETFs, and bonds..

[@Elina_H]

My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.

[@leonardives1991]

Jennafer Beaver Turner is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment

[@Elina_H]

I just copied and pasted Jennafer’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.

[@Burn594]

Everything this guy said is bullshit. The reason people largely aren't buying is because housing prices are sky high. Mortgage rates are NOT the main reason. Rates increase and decrease all the time, but if you have a home that is a million that used to be $450k, people can't afford that. Hell, I can't afford to upscale, and I own my property free and clear and is worth over $740k. I couldn't afford my home if I bought it today. I couldn't even afford my property taxes if I bought it today. I'm already over $8k a year, and if i bought it today, they would be over $16k. Unless the property prices go down. Home sale activities will be down. Period.

[@stevenap4594]

Exactly. That realtor won’t be making commission, neither will her brokerage. Appraisers can’t appraise, inspectors can’t inspect, insurer’s can’t insure. That’s not all though, the realtors hair dresser will be making less also. Hair dressers bartender isn’t making as much in tips either. Can’t forget the bartenders restaurant owner though, he’s not making as much just like the rest of them. The economy is like a bunch of wheels and once one or some of them stop, it makes it harder for the other wheels to keep turning.

[@MyButtercup]

Get real, most cannot qualify for a loan. Even fewer have a cash down payment.

[@Barabus-yx2cn]

...and what do you think drove those prices "sky high" you clown?!

[@PrincezMichelle1]

Ya, and grocery prices always go up after an election. Lol. In fact it's like these things don't typically decrease expect for the crash but then still shot back up.

[@DarrellEssexdoubleteam]

@@MyButtercupwhen the average person can’t afford an average house it’s not interest rates. I know people who make 140k a year and can’t afford a house that’s not in a c or d neighborhood. That’s insane. At least that’s what my market looks like.

[@chrismktgpsu]

The reason there is 27% more houses listed for sale vs last year is because homes are sitting for many more days than "normal". Many are past 60 days and piling up.

[@steveguillory7568]

They’re not sitting on the market longer than normal. They simply aren’t moving as quickly as they did when the market was on fire.

[@ColetteSpencer-k5o]

@@chrismktgpsu they are sitting. High prices and 7% interest

[@transacumen5172]

@@steveguillory7568??? Same thing.

[@MrReynoldsToYou]

The affordability index is off the charts. High prices, higher interest rates, higher homeowners insurance and higher taxes. Unless everyone's wages go up 50-80%, the market will languish and then decline.

[@CliveBirse]

The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.

[@mariaguerrero08]

Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like gold, silver, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@ThomasChai05]

I’m closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in over 80% profit than some of my peers who have been investing for many years. Maybe you should consider this too

[@mikegarvey17]

I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

[@ThomasChai05]

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 *Izella Annette Anderson* for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@diane.moore-]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.

[@Derawhitney]

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

[@Johnson-m8v]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@RayaMarcus]

The new mortgage rates are crazy, add to that the recession and the fact that mortgage rules are getting more difficult, and home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. For now, get your money (as much as you can) out of the housing market and get into the financial markets or gold. If you are at a cross roads or need honest advice on the best moves to take now, it is best to seek an independent advisor who knows about the financial markets.

[@Fred-w7t]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@RayaMarcus]

My CFA ’’ Stacy Lynn Staples 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..

[@raymond-i2v]

Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.

[@jhchooo]

We are entering a new inflationary environment. People are complaining that the economy sucks but everyone I know is flush with cash and spending is nonstop. Inflation will tick up next year and the FED will pause, may even raise rates. Next year will be interesting.

[@droptopcampersrental78]

YeS! So much complaining yet so much endless spending

[@solochica81]

People you know might be flushed with cash but most people are not. Most people are struggling. A small group of people have benefitted from these supposed gains.

[@ColetteSpencer-k5o]

@solochica81 yes. The wealthy got much wealthier. Everyone else tanked

[@DonaldMark-ne7se]

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

[@kevinmarten]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@JacquelinePerrira]

Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.

[@Jamessmith-12]

This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

[@JacquelinePerrira]

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

[@Jamessmith-12]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@loanfinder13]

I hope rates go down and inventory increases. The president has NOTHING to do with it. Get REAL

[@Halleluja-x1y]

Even otherwise this president will do nothing 🤣🤣🤣 we’re getting into a more inflationary mode with all his policies … and end of it all people will lose lot of money in crypto and other useless shit … and after all that housing will see a crashing … housing crash is a given thing

[@seymonetko1958]

Exactly

[@TexasMade903]

If rates go down, inventory will as well. Pretty sure you have plenty of home seekers on the sideline just waiting for rates to go down. Not to mention, home building will slow down if they depot the cheap labor.

[@realestate_doggie]

Prove it.

[@jakkobg1981]

💯 Truth Be Told.

[@kaswdc]

6% rates are not going to create mass demand. Home prices are artificially high and need to fall 20-30% so that the “demand” can qualify for a mortgage

[@opportunisticobserver]

Key word artificially

[@CB-sc7ek]

This guy has no idea what he is talking about. I’m in the housing market. He has no clue.

[@vcash1112]

Elaborate pls

[@REACTIONSUNLIMITED]

Homes are overpriced. Resellers want to cash in. I think there will be more resellers in 2025 than in 2024. Inventory will rise.

[@steveguillory7568]

Inventory will rise…based on what?

[@REACTIONSUNLIMITED]

@@steveguillory7568 Simply put, prices are unaffordable that demand will slow down and more people wanted to cash in. Recession will come based upon my economic projection.

[@REACTIONSUNLIMITED]

@@steveguillory7568 The demand will slow down due to an economic downturn, cause inventories to stay in the market for a long time then the inventory will rise.

[@niledunn1542]

People thought they were getting a government down payment assistance that would explain the increase in showings in November. I expect another drop off soon.

[@Miranda3730]

Nope cuz you know Congress has to approve that assistance, we are not stupid..I cannot say that about your comment though.

[@niledunn1542]

@ you overestimate peoples knowledge of congressional oversight

[@CodeGibbon]

Sure, owners wont walk away from their perceived equity. As a buyer, I am not buying into that price with this mortgage.

[@hairbylauram]

Even if you have more negotiating power now? So you're saying you'd rather save a point, and pay 6-8% more for the property?

[@Winstonia489]

@@hairbylauram Yeah he thinks prices are going to drop.... they won't.

[@55karenina]

The prize of the houses might go a little up,interest will go a little down.Many people will get huge mortgage up to 1.5 million ,but what about if the price go down significantly in 2026 ,and interest go up significantly.Can you handle that?

[@Lazlazor]

@@Winstonia489 prices won't drop? what planet are you living on? prices HAVE been dropping all year.. we are at 30-50% listings with price decreases.. wake TF up bro

[@nd9834]

​@@Lazlazormost of the time when I have to decrease a listing is because of sellers who think this is still 2020 and want to over list the home in the beginning. As soon as we get to my suggested list price, showings increase and we get under contract.

[@user-ms3ko5gn8e]

When they want over $4000 for a mortgage payment because of high prices and high interest then add all the other expenses it's nearly impossible for most people!

[@user-rm8rc1xi8g]

Thanks for your analysis and prediction, Brandon. That 35.2 trillions homeowner equity number is inflated value, which screwing homeowners royally. No gains until the properties are sold to the new buyers. Wide spread of corporate/normal jobs cuts, retailers and restaurants are shutting down in droves, middle class Americans are going broke and in debt on cc at the highest level. Who and how are people going to buy inflated price houses at 6% and 7% rate? Would you mind helping me see the light in this scenario, Brandon?

[@CurtisLoew-q7q]

I am putting in an offer tomorrow on a house. I saved 3 years for the down payment. Rice and beans. A lot. What is your malfunction? Bad job? Spend too much on stupid things? Where are you located. Generally. I live in the greater SF Bay Area. I’ll help if you are just whining.

[@jagodah1130]

And don’t forget get about the rising taxes and insurance

[@CurtisLoew-q7q]

@ I’ll just add it to your rent.

[@austinbar]

I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?

[@jcurdrayeric243]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@rogerwheelers4322]

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

[@joshbarney114]

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.

[@FabioOdelega876]

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@joshbarney114]

‘’Marisa Michelle Litwinsky’’ 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.

[@rojin2554]

Far as I'm concerned, rates are irrelevant. Rates don't determine how much a home should be listed for or the value for that matter. If the value of a home is 200k, then that's what the list price should be, not 400k. Interest rates are what they are... If they increase to 20% or decrease to 0% that does not determine what a home should be sold for. WE DRANK THE KOOL-AID! AND it's the CONSUMERS fault!

[@Lazlazor]

are you high? LOL... yea sure interest rates mean nothing... you sound like some hillbilly in a trailer house

[@lanceneol865]

I'm so sick of hearing about interest rates. They talk about interest rates so much to distract from the overpriced market. Realtors are incentivised to normalize high prices.

[@Lazlazor]

@@lanceneol865 sick of hearing about interest rates? then dont invest/buy real estate... go play soccer with your kids and watch netflix like the rest of the sheep... oh btw retirement is at 62.. enjoy 🤣😂🤣😂

[@lanceneol865]

@Lazlazor you mad people aren't buying the BS anymore? You must be a scumbag agent. If you are I'm glad buyers are aware of the scam your running

[@rojin2554]

@@lanceneol865 Exactly!

[@nuday777]

As a Realtor my business suffered big time. Listings just sitting and buyers scared to buy

[@CurtisLoew-q7q]

Where?

[@stevenap4594]

Everywhere pretty much

[@ashoksingh-ee8sg]

This is everywhere, even in California.

[@letsgobrandon911]

Its the prices, they are insanely overpriced.

[@ColetteSpencer-k5o]

Between prices and interest rates, it's not possible

[@cynthiaking5308]

All that home owner ‘equity’- isn’t that based off inflated numbers? Houses are only worth what someone will pay for them. When your house is worth that much more, taxes go up, insurance goes up, fees go up. Banks want you to borrow a HELOC against that figure. Sellers are in for a rude awakening when their HELOC is more than their house is worth. Everyone makes more money but the buyer. My house was assessed at $125,000 more because of the sales of homes in our neighborhood were overpriced but with a low interest rate people didn’t care. My taxes went up. Will they go down when the market corrects itself? I doubt it.

[@robpalmer2032]

You are 100% right Brandon on this. There's no reason for home owners to lose money to sell and buy something else if they have equity. The reason they sold in the housing crisis is they didn't have the option. They were being foreclosed.

[@mbzinfpt]

How can a buyer demand increase at 5.9% ? With the increase of 100-150% in home prices it is still hard to afford a home in any market. It has to be around 4.5% rate, where buyers will dare to start looking. And sellers will be comfortable to jump from the existing 3%.

[@jagodah1130]

3% will never comeback

[@veronicalittlevideos]

My brother is a realtor and did amazing this year! Swamped!

[@LesserMe]

Swamped in what way?

[@CG-pj6cj]

Where?

[@Safeirasrq]

We are only in business because of No Money Down Home loans, but this tells me no one has money saved up. Some of our mortgages are multiple family members Mom (30k) Dad (40k) Son / Daughter (25k). This is how I survived back home in Latino America. A lot of families don't know they can join forces to buy a home. We are giving 6% Seller credits + price drop at times. At times, Free Credit coaching is necessary as well. We do about 80-100 Sales a year & things are at a complete standstill with 1 closing a month now. Scary times, but it seems like the Buyer's agents who educate the consumer well & find a desperate seller to negotiate with will succeed.

[@andyanderson6455]

They predicted rates would fall in 2023-24 and they rose. Lets see....

[@bobroberts2217]

Probably the only comment that is from someone who is actually living on this planet.

[@Lazlazor]

Double digit rates coming soon, don't believe me? come back to this post in about 6-8 months.

[@ms.b9093]

Trumps coming tariffs will lead to more inflation keeping rates higher to control it. His mass deportations will affect the new construction labor pools keeping prices higher and supplies low.,

[@RogerTheJanitor]

This year was brutal, lots of sellers that are withdrawing because the timelines are too long and the uncertainty is too high. I lost more listings to cancellation this year than I ever have. It was just a fluke due to the macro conditions - still very frustrating!

[@nickshomehacks]

Same. I had like 4 expired listings this year and I usually have 1 every 2 years.

[@bobroberts2217]

Maybe tell your clients to stop listening to comps because they don’t mean jack anymore.

[@CurtisLoew-q7q]

Where?

[@RogerTheJanitor]

@@bobroberts2217 Sellers are struggling on the buy side now just as much. Prices have started to compress in almost all markets and rates are pushing the peaks again. It is changing outlooks for some consumers.

[@ryan_hakes]

I add a $500 cancelation fee to my listing agreements. I'm about to up that to 50% of the total commission.

[@SaltyOldBaldurian]

As someone trying to buy a house right now, realtors are not helping themselves by constantly pulling comps from the past 18 months when markets were still flooded with free covid money. Just because a house doesn't get more money than a similar property that sold a year ago, does not mean that property went down in value. It just didn't cash in on fluke peak value that a few fortunate others were able to.

[@ryan_hakes]

I would add that buyers are also hesitant because they've heard from media and lenders that they have to pay for their own Realtor now and are required to sign an agency agreement before ever seeing a house. The reality is that agreement can be set to expire the same day and most buyers agents are still requesting 3% with their purchase agreements and most sellers are still paying because their homes are sitting on the market unsold.

[@ashleycnossen3157]

Yeah that was an extremely unnecessary and weird thing that happened

[@tonypadilla565]

It was one big party, but now everyone dislikes the hangover. Everything was record-breaking, and we will see more of what we already experienced.

[@tonypadilla565]

Average over the years it was all a fugazi I got a feeling we will see more inflation and maybe higher mortgage rates the feds are creating sound bites

[@ms.b9093]

Yep!! Tariff inflation will lead to even higher interest rates!

[@tonypadilla565]

@@ms.b9093 yes what if covid never happen where would the market be I am a realtor in South California LA County Orange County

[@RolandaPullenDaniel]

Thank you for the positive outlook. I am sick of the doom and gloom talk about real estate industries futures after the election.

[@gomobile88]

I’m a homeowner with a property that's been on the market for over 30 days, but so far, there’s been limited interest beyond a few bargain hunters. My agent’s advice has mostly been to be patient, but hasn’t provided any substantive insights or data to support this. I strongly recommend that every agent study this video and learn to use data-rather than hunches-to effectively inform both sellers and buyers. Long gone are the days when a home could simply list and sell quickly without a strategic approach.

[@Lazlazor]

Let me guess, you are one of those sellers who is "out to lunch" and asking 50-80k over the actual value of your house...i see it on nearly ALL the listings. It'll sit and rot....who am i? oh just an investor who has been in the business for longer than half these commenters have been alive. The cycle is coming and nothing will stop it.

[@southstyle2475]

Maybe if you put your house on the market for say 200k less than you are asking, regular people might be able to afford it, but let me guess you're a greedy baby boomer?

[@lanceneol865]

​@@Lazlazorit is in realtors and sellers best interest to keep saying prices are stuck, there will be no crash etc. But demand dictates that, not them

[@annsmith7196]

We have our home listed right now. Just low ball offers (we are priced at low end of comps) and people just browsing. We are taking our house off the market.

[@gomobile88]

@@annsmith7196 That's exactly what I am doing. Not in a rush to sell...

[@stevenap4594]

Dropping interest rates doesn’t correlate to more inventory. If people have to sell their house, they have to sell. If they want something nicer/bigger, they’ll have to pay more.

[@LittleDragonNow]

Until institutions jump back in price will continue to decline. Retail doesn't drive demand. It's time for this asset class to revert back to the mean. I was there in 09 and it's doing the same thing but in a different way.

[@justinw7698]

Not sure how you believe home sales will increase based on your prediction of rates coming down in Q4 of 2025

[@TM-li7bl]

Over valued homes! Paying cash so don’t care about the rate but looking for a major deal!!! Won’t buy until then!!!

[@JuancoPRoFlow]

Ima buy when they are 0 dollars

[@transacumen5172]

When I think about it. That’s smarter.

[@phillyfan8930]

Just like the car market bubble .. it will pop

[@Life_Kyle]

We need rates to come down to 3% We need more sellers/inventory, and less greed.

[@FloridaLivingFun]

State by state these graphs change big. Florida is at record-breaking inventory levels now, while northern states are still very low inventory.

[@NewStateHospitality]

Good overview. This was a well laid out explanation of current and projected near-term market conditions. I really appreciate the data visualization.

[@Ericmanzur]

I hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.

[@Ericmanzur]

It's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Evelyn Vera. for years and highly recommend her I focus on him. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@Hendrown]

I would really love to know how much work you did put in to get to this stage.

[@SarahWalker-g7c]

Wow! wow! please is there any way to reach her services?

[@Mikemccaslim]

Yes, I have her WhatsApp digits

[@Mikemccaslim]

+147

[@cremephoto]

The industry “purge” will continue, regardless of the economics- the licensing renewal metrics speak for itself. If you blew commissions on champagne problems, welp- ya know the rest.

[@PattyAnneSwafford]

Wages are the LAST thing to go up after a recession. When this happens things will start to plain off.

[@mariabonilla4468]

I do agree with everything said. I am a real estate agent, been doing real estate for 20 years.

[@hhz5469]

The outlook/assumption is solely based off of a much stronger job market and big pay raises in 2025 and 2026, and NO inflation whatsoever from now and on.

[@natecollins3437]

Thank you. Finally somebody who gets it.

[@rayzimmerman2242]

Real estate is addicted to high prices; like any other dependency, the first step is to admit the problem. Like any other dependency, real estate is blaming any other factors- interest rates, election, inventory -rather than squarely addressing the problem. Buyers simply cannot afford the prices; educated buyers refuse to pay the overvalued prices.

[@joemama-tn7zl]

I sold my house in 2022 now I sit with sick cash. The stock market has returned 16% and my wait continues and will buy in Florida when it crashes.

[@opportunisticobserver]

HOME PRICES ARE TOO HIGH. PERIOD. It’s these companies buying these homes and listing 400k homes at 750k.

[@rockysahota1]

Mortgage rates are going to 5%. Inventory will rise. And buyers have either already bought or can’t afford to buy. Seeing homes bought in 2022 being listed every other day

[@StefanChicag]

As long as its cheaper to rent, why would demand for home purchases come back up? The housing crisis already started in many areas. Even in NC where people still move from other states I see price cuts and houses lingering on the market for months. Don't think it will be a full blown crash but house prices are slowly adjusting downwards already to compete with new construction and rental options.

[@Lazlazor]

*I disagree with your video, I have been a real estate investor with over 50+ properties. Havent bought anything since 2020. INTEREST RATES WILL NOT BE GOING DOWN. Double digit rates soon. Remember this post*

[@AlexisEnriquezRealtor]

The high interest rates are a result of the government's strategy known as quantitative tightening, which aims to lower inflation. This involves making borrowing more expensive to increase unemployment and slow down the economy. When Trump comes into office, his background as a businessman will lead him to employ different tactics, such as tariffs and incentives to encourage investment in the U.S., as well as addressing immigration and their respective government housing issues. Additionally, the lending associated with war will likely come to an end, as well as the price of energy to decrease. A stronger economy is expected by 2025, which should lead to lower interest rates.

[@virtuosa69]

When interest rates drop prices will climb higher. We need to stay steady until prices go way down or incomes catch up.

[@G-Anon-oz2lb]

5:32 you can not compare inventory now with the crash level of inventory because we are not in a crash yet. That doesn’t mean inventory is not going higher or lower for that matter. I think lots of us realtors use that line a lot. They say “We are not going to crash because inventory is not at a crash level.” That’s so stupid.

[@chrismktgpsu]

6% interest rates won't do anything to unlock buyer demand. We just had close to 6.1% for couple months and it barely made a dent in buyer demand. Rates need to go closer to 5-5.5% before the housing cycle starts to turn around. There are a lot of outside factors affecting the 10yr bond rate which affects what mortgage rates actually do vs what the Fed does with rates.

[@FirstnameLastname-bp5cm]

I’m far more concerned about a recession. Republican administrations cause recessions pretty reliably since WW2, and then Democrats fix them. We watched trump use tariffs to this effect pre-pandemic and he’ll likely do it again

[@robertpounds1155]

We have been in a recession for the past two years the media just hasn't been talking about it.

[@truthhunter4270]

Who was president in 09?

[@FirstnameLastname-bp5cm]

@ Obama did a great job of redirecting the economy he inherited.

[@cremephoto]

@@truthhunter4270precisely- look at all the entitlement comments on here-

[@realestatetipsfromtonyandb449]

I agree , but some think Trump is the greatest 😅

[@CourtneyMoose1]

We were actually set to refinance after the fee meeting November with a 4.9 from a 6.9.... October rate was 5.1. VA backed out of refinance after election... said they lost all headway.

[@obbie1osias467]

I have the same optimism about home prices by next year. I kept telling some of my clients that there won't be a housing crash and they don't believe me.

[@tonyredemann2001]

Its interesting you bring up home sales going up s bit now. Alot of people worried sales woulf slow due to the recent rate increase. However, last December or early 2024 rates were hitting around this 7% range and sales went up a bit. I believe getting to 6% will be huge as well, especially considering that

[@Anne-zl1ij]

There aren't enough homes on the market for house prices to come down… and there won’t be for along time. Don't expect house prices to come down any time soon….

[@bds3919]

I can't afford to sell. The rate on my existing home is just 1.75%. The cost of capital is much higher now.

[@PianoMatronNeeNee]

Great video! I hope rates go up and prices come down. Buyers accumulate way too much debt .

[@margehursh2304]

Buying a home is cheaper then renting!

[@LesserMe]

Will be soon.

[@RobertoAllen]

We printed 40% of the money in circulation in the last few years. All that money has to go somewhere, and often it goes to real estate. Home prices will only go up from here.

[@JohnFeldman-tb5vw]

Interest rates aren't the problem. That is proven wrong by looking at these builders offering buy downs as far down as Sub 4% permanently and still have to reduce the price. Affordability is the issue and quality of the buyer is a growing concern. You have people with humongous DTI that interest rates being lowered still wont help. So many people with high credit card debt, high car payments, high student loan debt, personal debt etc... that dont have the luxury to even be on the sideline. You need to take into account the level of defaults already happening in the above as its a majority of borrowers. Its more than just the price of a home its what comes along with it like home owners insurance increases and property tax reassessment pushing affordabilty fuether away and killing many deals. For those in homes if they go delinquent their chance of buying another home is nill. Many longer term owners will likely not qualify for a home in todays matket if they had to which is why many are staying put.

[@adrianaantillonreal]

You're right Brandon. Even with rental properties, I have noticed that these days, we have been more active than in previous years. We are having several showings per day.

[@rockstylex33]

One major thing you are not counting here are the proposed tariffs of 60% on China goods and 10 to 20 percent for all other goods. This of course will cause inflation to skyrocket and make the inflation of the past few years look like nothing, rates will go to 10 percent or higher.

[@OttawaRealEstateAgent]

Good video. In Canada we have supply issue as well, but will be facing another issue. In Canada fixed mortgages are usually taken for 5 years. In 2025,2026 over 60% of all mortgages are coming up for renewal, will be interesting to see what happens next year. We can be flooded with inventory or not. The US has a problem of supply because the mortgages are 30 years, so like you said why would anyone sell IF THEY don't have to and pay more interest.

[@jbga.6178]

The whole financial system is screwed because printing and loaning 'money' does not create any tangible wealth but only exponential debt burdens on everyone.

[@stigschade405]

I don’t think prices will increase very much for at least a couple years. 1-houses are already too unaffordable. 2-price increases mean higher expenses which could trigger foreclosures and forced selling. 3-usually when republicans are in control less money is printed, which should mean less inflation. 4-I don’t think mortgage rates are coming down anytime soon.

[@patty2049]

As a real estate broker we do not need lower rates! The rates are good looking at it historically. Lower the rates if you want to pay $100 for a pint of milk. The housing market will correct itself.

[@ms.b9093]

More inventory will bring down prices. Lower rates like 2020-2022 unnaturally raised home prices due to the demand! Lower rates would do the same all over again. Not helping matters or buyers

[@yanceymcdonald6017]

The 10 year treasury yield will tell you what’s going to happen with the interest rates. And as it sits right now they’re not going down anytime soon, just saying.

[@olivier2605]

Okay ,now I am confused. You talk about interest rates going down and more houses available being a good thing for buyers. But then you fallow that by saying, home prices will also rise and argue than thats good for homeowners. You can't have the cake and eat it at the same time lol. More houses, better rates, and higher prices, do not equal to ( good for buyers). Also higher prices are only and only good for homeowners who are selling or otherwise have enough understanding to leverage that equity, otherwise is all irrelevant. The regular Joe who only dreams of owning a home, has no idea how none of that works.

[@kenyanikkiicampbell5628]

What happens when people are forced out of the country? They were renting properties. Is there going to be a glut in the rental market?

[@Catsclaw-ru6zw]

A certain neighborhood I visit all the time have houses that I would love to buy but the prices they want for them is ridiculous some of the homes they want like almost a half a million, but the homes look to only cost about $200, $300 or even $400k. But the area they're in makes them more costly which is sad because I love the area & I would've felt safe living there they have almost everything there places to shop, eat, hangout. Although it's also part of a college campus.

[@Charlies1970TA]

Still, owners with Fixed 2.5% to 4.5% loans will likely Not Be Selling. Even if they need to "downsize" they will still be better off renting out their homes as they transition.

[@nasdmx28]

Have you seen what’s going on in Texas, Florida, Tennessee Denver? I don’t see price increases if anything there’s price decreases the average person in Massachusetts listing their house as of today 27% of them are doing a price decrease not increase interest rates take over 7%

[@DarrellEssexdoubleteam]

It’s not mortgage rates. It’s the byproduct of the low rates. The lower rates from before shot prices so high that now the prices are insane. Even if rates drop if the house is still priced above the price of 2019 the market will still be slow. We need prices and rates to level out to something more sensible. Just look at what a house to rent costs, people can’t even pay rent because of the inflated amount the house costs. If you are thinking well the people who bought lower can charge less, well if those people see people who bought higher get inflated rent they will just try to increase their profit line. It’s crazy. Everything needs to come down to what the average person in the specific areas can afford an average house for that area. Ie someone who can afford a house for 500k in 2019 those houses are like 750k and now they are priced out of their area and they either stay which they are doing or have to move down in house quality if they need to move for work or family things.

[@jimralston4789]

I don't understand how homeowner equity dwarfs mortgage debt 35 trillion to 13 trillion? (16:35). It doesn't make sense. How did all of these recent owners pay so much of their loans off of these higher valued homes. How could they have paid so much of that debt off? It doesn't compute.

[@AArata63]

Prices, for EVERYTHING, needs to come down 70%. Homes, cars, food, gas, ... EVERYTHING. But as dollar loses it's value internationally, the prices will only go up. Add to that trade fights with China and EU, i e higher tariffs, and most will become poorer. Most farmers will go bankrupt, that is those who are still "fighting the windmills" :)

[@ponchosancho7710]

It still is baffles me 🤯 you even need a real-estate "lic" in 2024 to assist a sale!

[@propertysnappers3461]

This guy doesnt know what hes talking about. Tax cuts and tariffs are inflationary leading to higher rates.

[@ryanbowden7569]

Damn man such a good coach snd delivery is on pt

[@clay6517]

Nationwide median home prices and active inventory is a useless metric… there’s 7 states and 13 of the major 50 metros have active inventory over 2019 levels… real estate is local.

[@J-Michael80222]

How many units of the inventory are from Florida? There’s a crap market for sure.

[@njhotroder]

One word ....blackrock..... 150k home marked up to 500k. Wages are not inflation adjusted to that kind of mark up..... dont buy ...let them sit on inventory that isnt moving.....prices need to come down from the stratosphere..... u can make a profit by what these guys are doing is chasing away everyone that has a intrest.

[@mgt9634]

Is it legal for a homebuyer/seller to ask potential buyer/listing agents who they supported for president in 2024? I want to work with someone who is like-minded.

[@michaelmuzyka284]

Outstanding , FIRED UP!!🔥🔥🔥

[@247dano]

If demand is out pacing inventory then how is inventory increasing?

[@stevenap4594]

He doesn’t know.

[@alexpadilla6355]

Great video. THank you!

[@patricialongo5870]

People should be able to live indoors, even if they're losers. It's interesting to non professionals, too. How extreme and dickensian can things get before even professional people want something different? We're not there, yet. If housing rights and government responsibilities mattered, we'd be home by now. But I think successful sales shall be enough for everyone!

[@RONALDSAHR]

homes will not sale at the current price , no matter what the rates are ...wake up

[@JacobLawlorRealEstateCoaching]

Love this! 2025 will be a phenomenal year to reap “the law of the harvest” for everyone who have been putting in the work over these last few tough years.

[@trinjuwan4422]

Thanks BM💯❤🙏🏽

[@MattsInspiration]

Things won't get better until 2028 once the economy is strong again and sellers have more confidence.

[@kev9617]

Doesn’t sound positive for buyers still - need inventory to skyrocket to get back to the better days

[@marianildamaia846]

Oh glory!