🏡 Buying a house in this market be like...

[@jaybartgis5148]

Where are all these first time homebuyers getting these jobs at where they can afford half a million dollar houses

[@tyronnetrice1509]

HeLth care and tech

[@huncho2x128]

@@tyronnetrice1509 trades too

[@jaybartgis5148]

@@huncho2x128 pffff. Very few trades can pay enough to qualify for a half million dollar house

[@huncho2x128]

@@jaybartgis5148 even HVAC ?

[@cinnalosasha]

They’re not. It’s large investment groups like Blackrock who are buying up inventory and flipping as rentals.

[@gabrielar9611]

This video made me laugh and cry at the same time. Good job 😭

[@350BMW09]

The accuracy is real!!

[@seanlovesrealestate]

It's ridiculous right now 🙄

[@funnyguylol69]

Haven’t things started slowing down a bit?

[@jesse_-]

Inflation

[@cranberryeater7459]

Haha. Sounds like Texas.

[@izzetonol2709]

This happened to my dad for months until we were able to finally buy the house we live in now

[@jaybartgis5148]

Pre pandemic? Every millenial was living at home, had a 30k a year job, with 60k in debt. And then 2020 came and bam. Like a light switch everyones a millionaire

[@xXBlazeXx]

Life insurance payouts 🤷🏻‍♀️

[@iPhoneAppReviewer]

@@xXBlazeXx that and unlimited government handouts in the form of forgivable business loans.

[@wildfire9280]

@@iPhoneAppReviewer Finally, the handouts baby boomers got are coming back!

[@yurichtube1162]

What?

[@dasfaxngl]

nah bro wdym?

[@jonathangurkin5296]

Currently new home buyers are competing with corporations like blackrock, which have been for awhile now, buying up every available property they can get

[@SiCVoltage]

Ill never go above asking price

[@Corkfish1]

I have a friend who bought his house in 2005 for a little over a million dollars. He sold it 14 years later for $835k

[@bahtiyarmamadaliev420]

What?! What was the area and sq ft? 😢😮

[@Corkfish1]

@@bahtiyarmamadaliev420 Fairfield CT. Dunnlea Street not far from Jack Welch's mansion. 3400 square feet. 4 bedrooms 3 full baths. Anyone who bought 2004 to 2006 got crushed. Same thing happened in the late 1980s real estate bubble.

[@asadb1990]

This is bs unless the area has serious lack of employment like alberta.

[@Corkfish1]

@@asadb1990 Fairfield CT. 5 miles from Jack Welch's mansion

[@Corkfish1]

@@asadb1990 look at 231 Olive St in San Francisco. Purchased 11/10/05 for $2 million. Now on the market for $999k.

[@QuadroNVS]

Soooo I what I just heard was, look for a forclosure instead. I am sure those will be sprouting up all over the place sooner or later.

[@profitpurpose]

good luck to someone offering 1.2 million for a house listed at 400k

[@bletchdroshek5984]

Yup. That's 100% accuracy

[@yurichtube1162]

Big corporations be like. (Blackrock)

[@straightdrive6192]

These days you should consider 1.2 million a great price for a 400k asking 😂 . And the house lasted for 1 min …wow have not seen that recently 😂

[@nathanielalaburgDelhi]

Moral of the story "don't think before you spend half a million dollars"

[@FilmSureelist97]

I wish the real estate market didn’t accept bids over $100,000. People who aggressively outbid others are selfish assholes. They are throwing away a lot of money too.

[@ALazyImmigrantInUS]

I stopped completely searching during bidding war... now is the time otherwise once interest goes down.. bidding will return.

[@harleyroro100]

Iam in the process of putting an offer on a $950.000 house I liked. Not sure how to proceed. Any help?

[@shelbyorphanage9199]

I'm going to Qatar, Italy has homes this style but cheaper , especially in Japan.

[@tamarastone141]

Facts!!!!😫😭😭

[@sheepman6291]

Yeah Pretty much.

[@lucyv4416]

So true

[@JTDyer21]

Housing market is stupid

[@caddydaddy84]

The correction is coming. Save your money

[@bettywith2girls]

This was before the interest rate hike.

[@Sam-dc9bg]

Just crazy when competing with people that waive inspections to win.

[@jaedens4916]

Too accurate 😂😭😂

[@MasterCarguy44-pk2dq]

These homes aren't worth it and investmentfirms sre over biding in cash and screwing people out of a hone. .

[@dondeeman]

Ain't that some thing

[@soursop1972]

Wealthy Chinese cash buyers.

[@teemmm538]

No lies told😢

[@ALazyImmigrantInUS]

I was first home buyer looking for a 300k old home with 30K cash on hand on 2021...Saved those for 2 years after cleaning out student loan & car loan. But couldn't crack the market... after 6 months searching where pre-approval letter expired twice after 90 days time lapse. Then with lost hope i went & booked a new 5bhk home from builder with 5K earnest money. Closed the house on Jul 22. On Jul 4 2023, Saved some & pulled from stocks specially Meta another 50K & booked 1 million home which is going to be delivered on July 2024...put older house on rent which increased value from 450K to 560K So the moral of the story.. either you can cry the whole life or understand the game & be a player ...!!!

[@MikeKing001]

Wait for the crash q2 next year. I see foreclosures in your future.

[@jameslocklear5298]

​@MikeKing001 another clueless crash bro 😂😂

[@MikeKing001]

@jameslocklear5298 boomers are going to sell. Unless you think they plan to die in the houses they raised their 2.7 kids in.

[@323dario]

LMAO and this just happened to me

[@akshay87VT]

Haha now you won't be able to sell at all. Tables have turned. This video seems like a joke right now

[@edwise8927]

Bro the whole above asking thing is because mortgages are cheap so no one given 1.2 million Cash not very realistic.😅

[@seanlovesrealestate]

Appreciate you sharing your thoughts! ☺️

[@nicolerice4317]

and Blackrock strikes again.

[@unclejoe6811]

This didn't age well 😂

[@KKbutter2281]

aw hell naw

[@monicamontoya8361]

😂😂😂😂😂

[@heyyoang]

This video didn’t age so well 😂