Housing Market Update (After The Rate Cuts): Here's What You Can Expect

[@texas4325]

Ask a realtor when’s a good time to buy a house. They always say it’s a good time😂

[@Francisco-po1cf]

4 years ago, they were right. They might be still right. Lol ask a crash bro and they’ll tell it’s not the right time to buy. They’ve been wrong for the last 4 years.

[@ebutuoy5088]

Ask a crash bro when it's a good time to buy. They'll tell you they are an expert market timer.

[@joefuentes2977]

​@@ebutuoy5088yeah ask anyone and they'll just say something equally unrealistic but on the downside hoping everything will be cheap someday 😂

[@sev124]

The longer we wait the higher it gets. Best time was 3 years ago. 2nd best is today

[@albertoacosta6788]

Nobody knows the rules of the games can change at any moment…cash is king

[@FaintAura]

Update: already unaffordable housing will become even more unaffordable.

[@sainathreddy1]

Depends on demand and may fluctuate around the same price

[@thanosianthemadtitanic]

impossible prices

[@kconfire]

Possibly, but at the same time as rate decreases there should be more houses available in the market, too. So I hope they balance each other out.

[@lukeskywalker2013]

@@kconfireit never will. You just have to buy and refinance when it’s a good time. while rates decrease it also gives more demand for people buying houses driving the house value up. You just have to buy and refinance

[@RD-fp6xu]

@@lukeskywalker2013😂🤡

[@JeffreyNero-sk6jv]

I’m seeing a trend in my life: priced out of every hobby I had; got my little house just before the crazy housing costs. My pay is NOT even close to keeping up with inflation. I’m sure many folks are in the same boat. Good luck!

[@petebutler5139]

Yep!!

[@DesiInAmrika]

Agree

[@kevkeisha]

Reagan started the trend of killing the middle class... Seems like that ball is still rolling!

[@XRPNZ]

Interest rates mean nothing when house prices are unaffordable…

[@MAJ44]

As interest rate decline, home prices jumps😂

[@RonBlauvelt-j7q]

Houses are unaffordable because the USD is losing value… its not greedy sellers

[@RedBeardDevelopment]

@@RonBlauvelt-j7qyep, no one sees it through this lease and that’s a problem, if not THE problem.

[@Valorince]

@@RonBlauvelt-j7q - its both, and the greedy are also the reason for the US dollar losing value.

[@bobslate7231]

WE could raise rates to 10% and layoff half the country housing prices will come down then.

[@user-ic6xf]

Has anyone else noticed that the problem with everything is the federal government...

[@TheBassManJeff]

Always has been always will be.

[@joeykahng6219]

Yet half the country wants the all mighty government to have full power and control. 🤦🏻‍♂️

[@kevinwilliam3722]

And the citizens are angels. Yeah right

[@AZeroSum]

Always was always will be

[@luminouslight3579]

Ain't nothing federal about the federal reserve.

[@TRUEALARMER]

Ain’t gone lie, you called it long ago. I been watchin for a minute. You said ain’t no crash 4 years ago.

[@stopthecap2644]

Imagine 1/2 mil being the "median" for basically a whatever ass entry-level house in US 🤣🤣🤣 what a joke this country has become.

[@davidallen2682]

Truely this country sold out and the people are selfish and greedy. History has already told us what happens next.

[@donaldist7321]

the SD is massive, depending on the area.

[@MyName-lx1tz]

What you get for voting democrats

[@joesmith3590]

Most countries are much much worse. Canada has much more expensive homes with much lower wages for high end.

[@NathanLeeKrish]

Wait until you leave the country and realize it's global. Very few good housing deals in any developed nation.

[@Christopher.Jackson]

Even if there is a crash, taxes and insurance will not go down.

[@suehengemuehle1636]

Amen! Never, ever, ever, ever will that happen!!!

[@ShhCaka]

Algorithmic price fixing. Insurance companies are colluding

[@hermeskino711]

Taxes, as in property taxes, and insurance should technically come down. It just depends how greedy your county assessor and insurance adjuster are

[@cyndiipanda]

If prices go down taxes will go down 😅 You can check house tax history back in 2006-2009.

[@cyndiipanda]

And if prices go down, insurance should also ethically go down because cost of replacement should be less. But this will be up to insurance companies sooo 🤷‍♀️

[@valsomeone2180]

Property tax assessors fraudulently elevate your property worth.

[@thomasjpuleo8112]

No

[@Swamprowdy]

Interesting. Most homes tax accessment value is significantly lower than market value

[@MasonLeCompte]

@@thomasjpuleo8112yes... they got busted

[@actionA06]

They're trying to drum up more money 💰

[@Flush0000]

That's false

[@ErringtonA]

Grateful that you condense information for the people!

[@clearvaluetax9382]

Thank you for all the support Errington!

[@BlackCatastrophe999]

I’ve been saving for a down payment for years. If house prices go up then that means that I will have to continue saving for even longer. I might never be able to own a home.

[@mdishuge]

Been in this boat for the past 7 years. As soon as I paid off my student loans and started making meaningful money in my career the housing market skyrockets.

[@Historyfreak-f7o]

With taxes and insurance rising, you might not be able to keep it once you own it. Depressing…..

[@cr69w]

Realtors still trying to sell homes built in the 1950’s for 400k blows my mind Lmao made y’all blow up on this one

[@cominouthardatlanta]

lol

[@jazzyg530]

Or in the case of mid century moderns, millions of dollars

[@dustinjackson2383]

The realtors don't set the price. They MUST list it for what the seller wants

[@mianlo2624]

Realtor wants their 10% cut like the *"Big Guy"* .

[@lookdoug1516]

Imagine trying to insure it.

[@JordanBelfort21]

Brian you are seriously the best financial KZbinr on KZbin I am huge fan of

[@kevinstrong7520]

The future of home prices is unknown. However, the last time the Fed cut .50 basis points was in 2007. Property taxes are assessed from the prior year (lag). Thus, property taxes are not a good leading indicator for home values (IMHO).

[@RD-fp6xu]

Thank you for speaking the truth.

[@kevinstrong7520]

@@RD-fp6xu much appreciated !

[@victortoombs4754]

​@@SFelectrolysisYou obviously know nothing about the stock market.🤣🤣🤣

[@SFelectrolysis]

@@victortoombs4754 and you dont know about real estate. Housing is not as volatile as stocks .

[@camaranpayne5355]

😂​@@SFelectrolysis

[@netomartinez1512]

I’m glad I didn’t sell my house to wait until the market crashed to buy another house because sounds like house market going go up with lower interest rates coming

[@rj-ge1qr]

I just realized he's talking to me the same way my dad would when helping me with my math homework and I'd always end up crying

[@treyvandietrich2872]

I bought in March and got a 6.25 and was happy with it compared to others that bought around that same time. But I cannot wait to be in the 4% to 4.5% range. Game changer for most people in similar situations

[@seanaxel1004]

We bought at a 6.5 rate. I’d love for it to be at 4.5. Here’s to hoping!

[@ianphillips8571]

I’m at 6.5 and hoping for the same

[@exile9237]

2026 for sure​@@seanaxel1004

[@ScottSmith99-c5p]

Same here 6.5

[@J-Rod73]

In the 90's, people thought that double-digit interest rates would never come down to single digit , and they did.

[@jeremyroper7273]

Yeah, all we gotta do is wait 30 years and try not to die!

[@J-Rod73]

@@jeremyroper7273 Exactly, lol

[@chrisromeo6277]

It didn’t matter when houses where 150k

[@meganboyle2191]

problem is prices, not rates. and the question is will prices ever go down significantly and how would that happen. The only worry around rates now is if the lower rates they will spark more demand, leading to even higher prices.

[@J-Rod73]

@@meganboyle2191 You're right. I agree

[@MM-ig2zq]

This is the best home buying advice. I waited for the crash that never happen or will happen in good neighborhoods cost me an extra $100K to purchase the home. Today it would have cost me $130K more.

[@jwhiskey534]

Buy high, foreclose low 👍

[@daboyup2nogood]

When the interest goes down the big investors will swoop in and buy up all the properties.

[@RonBlauvelt-j7q]

Yes sir and borrow against their current homes with low rates and swallow up the supply 💪 Build your own home… if everyone did this there wouldn’t be supply issues 🤷

[@bernitup6492]

I have been saying that for the last couple of years....

[@gregh7457]

the 10 year has been going UP. come on, pay attention

[@summaryjudgment]

I can always appreciate when someone clearly states their opinion. Rare these days.

[@Winstonia489]

The prediction markets are expecting 75BP worth of cuts for the remainder of the year.... I hope they're right because I'm looking to sell but I don't want inflation to kick up again.....

[@dillonvillon]

So 4.25% by the end of the year? That's stupid...

[@aaront936]

If you don't want inflation to kick up again you should hope they don't cut interest rates anymore.

[@curtissnow9546]

Inflation is baked into the cake, it’s going to be much worse than 21 this time. Say goodbye to king dollar

[@JustJudy1979]

My property taxes went up again this year. 2 nd time in 3 yeara. That has NEVER happened before

[@Swamprowdy]

Wow! Mine have gone up every year...by about $10-20 per year. The end is near.😂

[@rob1sfc1]

@@Swamprowdy same here. Mine go up 2% every year.

[@MrSinaster]

Mine increased by 50% since 2021. Orlando florida

[@geometrist_]

@@MrSinaster damn that sucks lol

[@denisefignar6995]

Yes mine have gone up & escrow also!

[@FullDrawOutdoors]

House prices have come down, but its not a crash. They have dropped it that 10-40k that over marked it in the first place. I even dropped my vacant land down 20k to try and get more interest into it.

[@kimnguyen696]

Prices in California obviously haven't gone down, but Texas and Florida are down. Just like the last cycle, California will be the last to go down and the first to go back up.

[@tragic504]

Texas not so much.

[@EvilMonkey7818]

California's anti-development NIMBY culture definitely helps keep prices up. No telling if cycles will look the same since California's biggest cities have been losing population for 5 years and the only places growing are far flung suburbs.

[@sagepirotess6312]

Ummm Florida is down not due to intrest rates. But new laws.

[@MM-ig2zq]

South Florida is not down

[@joesmith3590]

@@EvilMonkey7818 not just nimby but property tax. People are paying 2k yearly tax on million dollar homes. If California had tried openly to keep prices high they wouldn’t have done much differently.

[@randydang6166]

Home prices will not crash. They just become unaffordable that’s all. Moving on.

[@chriscleland7008]

The solution to high prices is high prices! In other words, house prices are going to go lower. 🎉

[@ESODaily]

The problem was the Feds didn't allow a correction to occur. That being the case, the income to debt ratio has made housing almost completely unaffordable to average consumers due to inflation. This blunder will not only create a deflationary scenario, but cause a problem generating new liquidity through the bond market. This system was never meant to be sustainable

[@Robert-e2h9z]

You said it yourself, up 46% in last 5 years . That’s a bubble , a huge bubble ready to pop

[@pearlperlitavenegas2023]

😂 keep on dreaming

[@Pomp76]

Nothing is popping my friend. This is not due to fraudulent. Mortgages being issued.

[@Ronrrr]

😂😂😂

[@s1wjlm483]

It’s due to too much demand and not enough supply. Corporations buying is an added upward pressure. Low interest rates will likely boost home prices even more.

[@EvilMonkey7818]

The bubble that formed in leading up to the 2008 financial crisis was not the first housing bubble. Likely the best case scenario at the national level is flat to minimal price growth in the next couple of years, since so much demand was pulled forward by years during the Covid era. There's no reason to believe rates dropping 100 bps will accelerate demand. That's mouth breather talking points.

[@anthonybillera2929]

The estimated price of my home went up $20k the past couple months, definitely did not crash

[@gregor9189]

I make more than the average wage but i couldn't even come close to buying an average priced home. Not sustainable.

[@MyDarlin1]

agree there's no crash! However, referencing property taxes and homeowners insurance is irrelevant - these only get assessed once per year

[@sumtoast6447]

If prices do not come down, what do the rest of us working Americans have left to live for? If there is no chance of getting that carrot on the stick (a house, family, etc.), then why bother showing up to our jobs tomorrow morning? What happens when we just collectively decide to drop out of the workforce? My boss don't care about me. Maybe the homeless folks got the right idea. Be your own boss in that little tent of yours by Santa Monica Beach. I might bounce from this work nonsense if I'm just a serf / indentured servant at this point.

[@robsales1158]

Easy answer…. asks Queen Kafuckla

[@rikflare7970]

Your not alone in this statement✌️

[@ryanc4955]

Other countries exist too

[@johnmusser8925]

Vote maga...our only chance

[@muddysneakers77]

Read the Book The Great Replace , we, that is, western societies including Europe are, by design, being replaced with immigrants. Ask yourself, why would all these countries just open borders to illegals, unvetted, and changing laws to have these same ppl work, and vote. This is by design

[@MK-ft3qt]

All of the future rate cuts means a slow growth market going forward. I think they're trying to get ahead of a potential slow economy.

[@camman408]

So glad I have notifications on

[@clearvaluetax9382]

Thank you for all the support Cam Man!

[@thomasjpuleo8112]

I just sit on the channel and keep hitting refresh.

[@Dannyk-hy2on]

Thank you!

[@ArcticMists]

I have a bigger feeling that this won't follow the trend people think it does. We won't see a falling off the cliff - we're going to see a crash up where the dollar loses value, but the Dow goes to 55k or 60k.

[@prasiprasi69]

Can you make a video on what to look for in home buying process

[@Jaysun1]

Lower rates don't mean much when homes are so overpriced. For those who are considering buying, keep holding out. Most of the suckers have bought already and sellers have been lowering prices while inventory is gradually increasing.

[@Boots_And_Slicks14]

Yep!

[@kreuzrittergottes9336]

thats not how it is in every area.

[@ebutuoy5088]

@@Jaysun1 false

[@jessica4952]

That’s absolutely right, thank you, line your ducks up and get ready for the opportunity!

[@thomasjpuleo8112]

As I used to tell my students: The world is never going to end even though people have been saying it will for millennia. They also said that houses could never top $100,000. Am I smarter than them? No. I have just been around a lot longer. Everyone should study economic history, at least in a rudimentary form.

[@rwebster1234]

The world will end. The bible says so and it can be trusted more than historical trends in economics. Especially when the bible says that there will people saying that things will continue as they have since the beginning, just like you are saying.

[@danielhutchinson6604]

The Money Supply is dwindling as support goes way. The Dollar no longer can be printed. So the Banks will pass that fact on to the Customers.................Right?

[@Just_a_Katie]

Yes for sure, the history of money and the webs and flows of greed, government (rulers), has always been there and society’s rise and crash and growth happens eventually again.

[@MidwestBoom]

All worlds and civilians start and end, we are no different.

[@Solid_Snack]

I love you. I trust your prediction and NO clickbait videos

[@MikeTesa]

Asking prices----and people offer 20% over ask in my area --CRAZY HERE! Not going down outside NYC burbs .... INFLATION HERE TO STAY

[@Sports4All-kw5vm]

Powell said months ago that there was no reason for home prices to risen so much it was unexplainable. Hold on to your cash! Buy nothing!

[@kraxkill4747]

@@Sports4All-kw5vm 🐣😂 Powell knows EXACTLY why houses rose in price. See M2 vs Median Existing Sales Price.

[@jiabinchen5715]

gold price?

[@Tom-fd3dx]

Hold on to cash that the federal government is devaluating with the money printing starting back up

[@nerios.v]

1920s deflation soon, mark it

[@Countdracula6]

@@Tom-fd3dxWhat’s the alternative?

[@FromTheMosh]

Houses haven't gone up, the dollar just buys less. Gov has been adding 10 percent per year to the supply.

[@CorbuVanDerRohe]

It also seems the general quality of most goods has declined, paying more for inferior quality products overall

[@nogames8982]

I’ve heard the markets gonna crash for so long that I’m beginning not to believe it anymore. Yeah, it might. I don’t see it getting any better anytime soon until prices actually come down.

[@Jordansautorepair]

No way i could aford a house.. nor would i pay that not paying 400+k for a 50k house

[@racerx2580]

Stand your ground!!!!! Same here!!!

[@Jordansautorepair]

@@racerx2580 I am it the other idiots /sheep that wont

[@racerx2580]

@@Jordansautorepair I hear ya

[@thejuicerr]

Keep renting! Your landlord appreciates you 😂

[@jesseurizar7146]

@@Jordansautorepair average new car is over 50k… you think homes are going to go for 50k? The guy making your burger at McDonald’s makes $20hr.

[@LuisGUILLEN-qd3nz]

This man should run for some type of office. I would follow you up and vote for you, give donations, whatever for him to get to the top. I am sure many of us would like the idea. We need honest,smart folks like him to represent us

[@JP-iu4hc]

In Brian We Trust

[@crystaldon4995]

In GOD we trust! Blasphemous thing against our Lord so repent.

[@coya8coy175]

Where I live home prices have decreased (I’m even seeing many prices being slashed because they aren’t selling), but there’s no crash.

[@dougb8207]

I'm more concerned about property taxes and insurance, because those never go away.

[@sunset3052]

Agree

[@geraldn.6871]

Property tax doesn’t follow price drops. My home price dropped and the city raised the property tax, so I had to pay more

[@katv3116]

Good to jump in to your early videos again, happy Monday! Unfortunately might be a forever renter

[@clearvaluetax9382]

Happy Monday Kat V! Yes, hoping to see some housing relief and affordable housing (The Fed is not helping).

[@katv3116]

@@clearvaluetax9382 really hoping so too 🙏🏼

[@billy33365]

Your 100% rite too. They've been telling us that the housing market will soon crash for over 3 years now and prices have only gone up not down.

[@richardcastano66]

Mortgage Lender here: Brian Kim is always on point! Best time to buy was yesterday.

[@bayrenevilla]

FRED data showing inventory increase 2x since last year here in my area, will hold onto my cash

[@stateleo4310]

Home prices are in fact going up in my area!

[@driesvdg8743]

But nobody is buying ;)

[@Francisco-po1cf]

@@driesvdg8743 someone is buying to make the prices go up

[@usedcolouringbook8798]

Prices in my location have been going up nonstop since 2020.

[@idepartasair]

​@@driesvdg8743 I know multiple people currently buying and who have recently bought. 🥲

[@Flush0000]

​@@driesvdg8743 Morgage applications are up people either are buying or getting ready to buy.

[@nitroneonicman]

Mortgage rates have come down by a percent and a half in the last year and yet pending sales are at historical lows... Home prices haven't risen since 2022.

[@Travis12861]

So you just make up your own data? 😂

[@jtcox312]

I have learned so much from you the past year or so that I have been subscribed. You have been a great help to me. Thank you for your work to evaluate and summarize financial information in a quick and honest way.

[@OscarTheStrategist]

The crazy ones are the people paying this much for properties not worth it. Some markets are flush with idiots on panic buy mode, it’s unfortunate.

[@lukeskywalker2013]

Facts on the opinion! We need more time with the high interest rates to create more homes, so that when the interest goes down there’s more supply. It’s definitely worse than we think it is and what feds are claiming.

[@Popperdrop]

Evevn with 1%, the house prices are UNAFFORDABLE

[@thejuicerr]

Yet, people keep buying houses.

[@RodSerling-y6p]

@@Popperdrop lower interest rates means people with already locked in 3.5% rates will be willing to sell..... So we should see higher rates of mobility and increasing supply.

[@Popperdrop]

@RodSerling-y6p But s8nce 2020 to now, the very same Home skyrocketed $50,000 to $100,000 more than it's 2020 price, still too much PERIOD.

[@RodSerling-y6p]

@@Popperdrop Yeah I agree. Houses still too expensive.

[@RigidDerDubb]

I consider your videos my daily economic briefing. Amazing work.

[@connmoney6109]

My house went up from last year, if rates go down home price should go higher unless alot of people get layed off

[@JEDI-2373]

When 4% hits ill be able to refinance..it's going to happen in 2025..I hope.

[@mikegans3993]

I love that you always tell the truth! Not trying to get clicks.

[@luck9837]

Ill just keep renting at half the price, I REFUSE to be some one else’s exit liquidity

[@Travis12861]

Keep losing out on that appreciation…

[@nah6730]

Half the price but the rent is still going to go up every year 🥴

[@spencerathearn3586]

The median house price in my area is 952k and that's going up as i type probably.

[@stephenrogers4537]

Good afternoon to you, Brian. hope everything is going well for you today, BROTHER! BRIAN IS THE PODCAST🦁 LION (the Walter Cronkite of podcasts 🏆)

[@clearvaluetax9382]

Happy Monday Stephen!

[@kalobrogers235]

I bought my home near Atlanta about 6 months ago, after watching the market for years. Decent demand with low inventory kept prices high even during covid, if you can, get it while you can. Prices arent going down anytime soon. Check the average residential real estate house price in the US for the past 100 years, with very few large down turns, its all been on the up and up, just like everything else.

[@AJourneyOfYourSoul]

Inflation over the long term never stops going up.

[@tonyprice2256]

I bought my home with cash in 2011. The value has more than doubled since then, but so have the property taxes.

[@TANQ31]

you've more than doubled if you bought in 2011. or you're lying and didn't buy in 2011.

[@focusmelvin]

It's not your house if your paying "property taxes" on it.

[@tonyprice2256]

@@focusmelvin You are correct. How do you avoid property taxes?

[@stevenwalter1255]

In my area of PennsylTucky if you make 25 an hour you're doing well. Baseline home with repairs needed start at 325k min. It's a money pit. Good luck 👍

[@ceeIoc]

Make housing cheap again

[@ebutuoy5088]

Lol

[@geertterharmsel]

how?

[@balls7586]

@@geertterharmseldeportations

[@robyurkanin4232]

You are right this will end badly and the middle class will hurt the most!

[@BELIEVERZ23]

Making News Great Again! Brian el mero mero.

[@clearvaluetax9382]

Te deseo un feliz dia!

[@BELIEVERZ23]

Igualmente, gracias!

[@alexlopez5800]

Gracias!

[@shouse94]

Solid advice. I think hyperinflation is the bigger worry.

[@stateleo4310]

Prices are NOT, NOT going down, End of Story!

[@Sports4All-kw5vm]

Realtor!

[@Francisco-po1cf]

Facts. It sucks for people who listened to the crash bros and waited for the last 4 years.

[@jakethesnake5343]

Heard this same garbage back in 07 and even 08. It has happened before and will happen again. It’s cyclical.

[@drpaine7428]

correct prices are going up more slowly but still up...

[@brtecson]

@@jakethesnake5343 very true. 2007 cheap money lead to overspeculation (in financial services and real estate), lead to lack of return on investment, lead to selloff, lead to recession. This time, the overspeculation is mostly in big tech/ai/crypto, and that's going to pull the whole market down with it. I see it all crashing next year

[@murk951]

Some prices are falling, I wouldn't say crashing but def falling I think it dependends in the state/area you're in. Pat Bet David has a great video, he released today. 47% of realtors didn't sell a house last year....

[@ravenslight31]

im a millianial, i was lucky to buy my land before the pandemic.... in my lifetime, i have seen very little to no hope for most people in america. Itself a "those who have and those who have not" country. I may be disenfranchised due to my time spent in the Middle East as a soldier fighting a pointless war. Another one after the one my father foughtin. Seem a pawn is a pawn to the higher-ups. There is no answer to solve the housing problems. I believe this because the people who are in charge of fixing it are the same agents that cause it. Unless real fear is put into them i.e. black bailed from the industry or jail time for commenting crimes against the american people. Then nothing changes, and we continue down the path of failure. But hey, at least the election is soooo important, and this crisis will always give crappy politicians something to gab about. Great video, brian, as all always!!!🎉

[@mfranquemont1884]

Well stated.

[@Wahinies]

​​@@mfranquemont1884all good points, it seems there really are two states instead of fifty. The state of haves and state of have nots. I have to tune out the haves advice almost unilaterally. "Just work harder" only gets you more tired when the game is rigged.

[@ТимаСмирнов-х2б]

Great comment

[@nah6730]

Top tier comment right here

[@SS-qb6ye]

Personally I think Home Price will increase rapidly Starting October of this year alone because I am seeing home price already gone up in the area I'm leaving in Dallas TX already....

[@ihadlunch8575]

Crazy if I refinance my 4.8 to let's say 3% in the next couple of years. Property taxes just gonna eat those savings... Crash it.

[@freedomoffgrid82]

if your property taxes are breaking you, you overspent on your house.

[@Flush0000]

​@@freedomoffgrid82 Not necessarily because the new property taxes aren't the same as they were when that person originally purchased

[@ihadlunch8575]

@@freedomoffgrid82they're not breaking me.

[@katiekhou2762]

Thanks for the knowledge. Can you please make video when is the best time to refinance? Thank you.

[@winniethepoohandeeyore2]

I did the math, rates would have to go down to 1.5 % in order to make it worth it to me to refi a 2.875%. Will they go down THAT low? HIGHLY DOUBTFUL. So I will continue to overpay my principal as I've been doing since the first payment was due, cut YEARS off the life of the mortgage in just 3 years. As far as property taxes, once we claimed the Double Homestead Exemption our property taxes almost halved, Once we turn 65 property tax stops, 100% disabled vets are property tax exempt, current military are also exempt. As far as Home Owner's, can raise deductibles, look for discounts for having safety features like alarms, also paying in full.

[@williamwalker5326]

The 0.5% cut by the feds is somewhat negligible at this point but, we shall see. What concerns me is the HOA laws which are "coming home to roost" in such states as Florida or New Jersey. Many condo/townhouse owners are being blind-sided by horrendous monthly increases in their "maintenance/HOA fees". I use the word blind-sided in that many of these condo/ townhouse owners never demanded proof of financial solvency of the building or property before buying! These owners are now faced with paying for the complete financial mismanagement of their money which, by the way, the owners elected!

[@miken7629]

With rate cuts a person can afford financing more, prices will go up.

[@ebutuoy5088]

Exactly

[@tslonaker4609]

The housing market for sure did go down in my area. I bought my house in 2020 for 290k then quickly went up to 410k+. It is now worth 330k. Everything is currently flat lined atm

[@NoName-zm1ks]

How about the other side: “It won’t happen” and then it does.

[@Travis12861]

It wont happen

[@NoName-zm1ks]

Yeah, like home prices never go down and then 2008 came along.

[@robbyboogz]

I used to follow several real estate and Econ channels. Now I just wait for Bryan’s videos 😊

[@life-pm5xl]

Inflation has gone up for me. I went to Costco and avocados are $9.69. It was $5.99 earlier in the yr. Wtf?

[@christinerudd5623]

Ummm…. It depends on the season, fruit and vegs are season and have always fluctuated in pricing. Bad thing to compare

[@vincenttan6720]

LOL that's not inflation - that's straight up "seasonality"

[@thaddeuswhettimore2219]

Good example

[@LindaWalker-xr3vx]

Thank you Brian for keeping us informed personally I think that houses are up so high until to lower the interest rate to 5 per cent still have the PITI to high not to mention the association fees are outrageous, It's just not affordable for the average person.

[@Sports4All-kw5vm]

No crash just resetting for affordability

[@Francisco-po1cf]

Yup. They are also raising the bar up.

[@kingofnicke]

I get excited every time I see a new video from Brian. You're the best at what you do!

[@StreetsAintNoMyth5]

American citizens won’t be able to buy one but those just getting here will.

[@rikflare7970]

Happening in my town weekly😢

[@zerocool4580]

Their getting checks from the government in the thousands every month

[@michelebunting6706]

Definitely have not crashed. My property taxes are up. My house value only went down this month 25,000. It’s still way up from what it was. I bought my house the end of 2018. Interest rate is 3.125% My adult children still don’t have their own house yet. But hopefully will in due time.

[@seanaxel1004]

Crash never coming. Let’s just deal with the fact prices are staying at this point. Will prices correct slightly? Maybe. But this is how it’s going to be.

[@MileHighMonroe]

Thank you for your honest feedback!! Scary times ahead but it helps to have someone like you in our corner.

[@SimpleIdeaz]

This was all to help democrats look good

[@qica1272]

I love ur analysis!!! It’s good time to buy now if planning buy home to live in 5 years or so!!! Federal Reserve is doing to rush for the rate cut!!! Inflation bobbles still there !!!! Our living cost could be even higher 😢

[@Francisco-po1cf]

People who are saying the crash is happening are probably saying that to make themselves feel better about waiting for 4 years.

[@Kanafa-pb19x]

I will come back to this comment when it happens.

[@Francisco-po1cf]

@@Kanafa-pb19x please come back.

[@Kanafa-pb19x]

@@Francisco-po1cf don’t worry amigo.

[@Flush0000]

​@@Kanafa-pb19x Coming back in 10 years dosent mean you were right it just means eventually you were right which is inevitable.

[@winnygpooh5003]

I think it will probably just be same continuous movement. Rate cuts will cause demand to go up for mortgages and it also lead to people trying to sell them more because it was hard to sell them before

[@TePicoCabron]

They keep calling to buy my house lol 😅

[@vernonwilliford2480]

Me too!

[@tonyprice2256]

I keep getting mail

[@slimm7848]

Mines too. I rented it out & moved to Belize 😂😂😂

[@tonyprice2256]

@@slimm7848 Smart move.

[@szuszkaziomek793]

There will not be anymore rate cuts. I’m w Bowman…should’ve been no cut or .25….50 was for kamala

[@jimboslice9472]

dont buy a home, rent., u wont have maintenance, mowing or property tax & insurance

[@user-23w8s1n]

Yup only increasing rent each year 😉

[@AJourneyOfYourSoul]

Feel free to buy other people property. I will buy myself some instead.