Experts Say THIS Will Happen When Interest Rates Fall

[@Sanchyfab]

falling interest rates could definitely encourage homeowners to sell. Some who were hesitant to list their homes when rates were high might feel more confident now, knowing that buyers can afford larger mortgages

[@RandyColby-mj1zm]

Right. This could help cool down some of the crazy price spikes we've seen due to limited inventory. More inventory could mean a more balanced market, which would benefit both buyers and sellers. Plus, for homeowners looking to upgrade, lower rates make it more affordable to take out a new mortgage for a bigger or better home

[@ericbergman7546]

And for buyers, this might finally be their chance to get into the market without facing bidding wars or astronomical prices. As more homes become available, prices could stabilize, making homeownership more accessible. It's a win-win.

[@AliciaCrone]

Absolutely, but even with falling interest rates, economic uncertainty is still a concern for many. Homeowners may hesitate to sell because they’re unsure about the overall market or where they’ll go next. If prices fall too much due to a sudden influx of listings, some sellers might lose equity, making them reluctant to move.

[@cherylhills3227]

That’s true. And even if more inventory comes on the market, it doesn’t guarantee that it’ll be the kind of housing people are looking for. For example, in some areas, there’s already a surplus of luxury homes, but what’s really needed are affordable starter homes. So, more listings may not solve the affordability issue unless the right types of homes are coming up for sale

[@LoydJohnson-kp3jv]

Exactly. It’s not just about quantity but also about the quality and type of inventory. I've been considering the possibility of speaking with consultants. I need guidance, but I'm not sure if their services would be all that helpful

[@Rocketcarla2589]

Even if the rates drop, i still refuse to buy a house that isn’t worth what it actually is. The home prices are still incredibly inflated

[@marcelrodriguez2067]

Keep renting then

[@carrots_arelife2924]

at this point i'm also refusing to pay a realtor. I can represent myself and get it done.

[@seanyiya]

You will never own a house. House price always appreciate, regardless of inflation.

[@proudliberal24-sv1wo]

You will probably never buy. The value is what people will pay for a home. Even if you think it is high, that is the market value. A new home in my area sold for $2 million. I don't care for the home, but somebody bought it. Also, never look at your primary residence as only an investment. It is a place to live and stabilizes monthly payments.

[@xhadmatrix6181]

Everything in life runs in systems and cycles. Check 2007 prices. Compare to todays prices. Prices will eventually go up, but not now. There are opportunities, but in general, a purchase now will be neutral to negative through most of 2025. My2cents

[@Solid_Snack]

The problem is NoT INTEREST RATES but overvalued home prices that is the issue. With increasing insurance, HOA, buyers fees, it is not easy for the average buyers to well buy a home lol. The housing market will continue to decline

[@Houstonbeach]

Find yourself a good man

[@winniethepoohandeeyore2]

@@Houstonbeach Men are smartening up and going MGTOW lol.

[@dansheehan6828]

Spot On

[@Ttow49]

Of course there will be lots of sellers, they are desperate to get out of their overpriced homes that they over paid for in bidding wars

[@Rocketcarla2589]

THIS! 👏🏻

[@bobbyc3666]

So, here is my situation in Huntsville, Al. I have 2.25 30-year va. Bought my home in 2017 for 247k The value of homes in this area exploded my is now 400ish Nothing in the same level of value in this area. So I want to move, but I am not going to sell a 247k 2.5% to jump into a 400k at 6 % So, in my opinion, it's a pipe dream to think folks like me are going to move.

[@nikkita1688]

Same exact situation, less $$. Is this lady working for the man? Lol

[@timeforachange-i3s]

HOME PRICES ARE TOO HIGH. Mortgage rates should never go below 5% ever again but homes need to come down by $100K-$200K per home in order to get people off the sidelines.

[@juanvina8385]

Is is not the mortgage interest. Is the selling price.

[@JayMomoa-4]

The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

[@Linette-g-y]

navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position

[@albertzalez32]

True, I always emphasize the significance of having an advisor. This has kept me afloat since the covid-19 outbreak and as of today, I'm just about 10% shy of my first million dollar after subsequent investments.

[@StephenTho42]

nice one! who is the professional that guides you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow

[@albertzalez32]

Katherine Nance Dietz is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@itonlytakestime]

thanks for putting this out, curiously searched Katherine Nance Dietz on the web, found her consulting page and was able to schedule a call session, no sweat !

[@johnnelson9742]

Saved 100k and keeping my money to invest, I am not willing to buy a tiny shack with zero updates for 400k. You can keep your house and goodluck finding buyers on the sidelines if a recession hits.

[@jamesoleary1844]

Love your content. In Florida realtors also said that we need more inventory. Inventory is now back to 2018 levels and sales are still down. Then realtors said mortgage rates too high. Rates then dropped 1.5% & sales still down. Then realtors said prices too high. Prices have now fallen & sales still down. Another .25 or .50% rate drop won't get people off the sidelines IMHO.

[@tisawashington]

@jamesoleary1844 I'm in Florida also. I'm in the market, but the cost of hoa/cdd, the taxes, and the insurance costs are really unattractive. Financially, it still doesn't make sense for me to buy unless prices come down even further.

[@jamesoleary1844]

@@tisawashington I think you are very wise to sit it out for now. People who rushed in and bought in the last two years are regretting it. While people like us are saying "damn glad I didn't buy anything". Good deals on brand new homes are coming.

[@jrahn66]

Avg. Joes do NOT have the financial means to purchase these houses. They are fraught with trying to keep their heads above water paying for inflated utilities and inflated groceries, inflated rent/mtgs. They don’t have the means to save for a down payment to buy another home. Incomes are not keeping pace with the inflation.

[@LindaL.Fielder]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@heatherj-o5j]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

[@JasonB.Chisolm]

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

[@Saviourtina-c4i]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.

[@jamesleiter4222]

One thing that you are forgetting: If I sell my house then buy the same type of house at the new inflated price my property taxes will triple. Can't sell...

[@allcreaturesgreatandsmall5956]

I love my interest rate. It is 0.0%. Thanks Dad for teaching me this.

[@seanyiya]

You can’t hide from property tax.

[@HarryDirtay]

That's called inheritance, not instruction😂

[@zacwoods]

@@seanyiyayou can if you never buy a home. Cant tax air… yet

[@HellYeahAmerca]

As someone who's been looking for 3 years, i can tell you straight up its the price of homes. Interest rates can be tolerable, but depending on the rate. But homes 4-5 years ago to today as lre 3x or 4x. Yeah, homes prices need to fall.

[@luck9837]

In my local area builders are offering 4% fixed rate on new builds at 600k starting, nobody is buying, the price is the issue not the interest rates, hope the market completely tanks

[@seanyiya]

You are in bad area. Our area still prices are going up and they don’t stay on market for long time. Our area average is 1.25 mil As long as you are in good area.

[@seanyiya]

@@luck9837 coachella, nuff said.. we are in Orange County....

[@proudliberal24-sv1wo]

People bidding 100k over asking price in my part of VA.

[@Jasch131]

I’m in Arizona and they are still selling 600k-million dollar homes and people are still gobbling them up. People are still buying new vehicles as well. Prices are not scaring anyone off

[@HarryDirtay]

Stop making shit up😂

[@jaygalgano8033]

As a buyer you can go directly to the listing agent as unrepresented but they will also ask for compensation since they will do double work... writing up the contract etc. You can hire an attorney thinking it will be cheaper but the attorney only focuses on the legal aspect of the transaction which is the contract, thats it. They won't do anything else such as scheduling the inspection, negotiating after the inspection etc.... If you ask an attorney to do all that, it will cost you A LOT more than paying the listing agent 2-2.5%.... Buyers are screwed either way..

[@msgiselle954]

Lower cost Insurance & taxes are what makes the payments more affordable for buyers!! So not only do buyers need lower interest rates but if insurance goes down & property inflation goes back down then taxes on the property will also go down then that is the exact moment more home buyers will go into the market!! Basically we need much more than just the rates to significantly fall to get the housing market much more stronger for home buyers 🎯🎯🎯

[@user-df5dr4yl3p]

Dropping the interest keeps the over valued price high to keep property tax high

[@elicastle93]

Kinda agree home prices are still high even if interest rates go down it doesn't really matter, every home that you buy will need some kind of major expensive update.

[@yenafar]

Great analysis, like you said unless there is a recession we won’t see prices drop significantly! but who knows we may get a recession in near future, prices don’t make sense in specially in hot markets like your area and mine, I live in Santa Monica so good luck to me! our small Condos are over a million , 2 bedrooms I’m talking about 1.3 average on north or Wilshire

[@benlaine400]

Been looking for housing for the past few months. Since the news of the FED cut so many buyers have come out of the woodwork. It doesn't matter that the mortgage rates haven't meaningful dropped in the past month, buyers think they're lower. I saw several listings that sat for 300+ days (at inflated prices) that now all of have bidding wars or went into contract in the past week. Like there was a listing last week that my agent said was ovepriced by $100k based on comps and it got an all cash offer above asking.

[@RARochester]

Buyers are broke !! They can't can't come up with $400.00 for an emergency so there's no way they can come up with a down payment.

[@ivyroses4380]

If my mortgage rate is 2.5% and the current is 6% or 6.5% I am in no way selling and certainly not to buy..... NOT HAPPENING.

[@curlyb4c95]

Only person I’ve read on here with common sense 👏.

[@Ttow49]

You might be sorry if home prices drop 50%

[@RARochester]

Yep

[@RARochester]

@@Ttow49 Why ? She lives in her home; it doesn't matter if the price goes up or down with exception that her municipality lowers property tax in tandem with the lower valuation. This in fact; would be a dream if properties do go down by 50% but we know that the respective municipalities will not do that....

[@marcelrodriguez2067]

​@@Ttow49my parents bought a 3 family house in nyc for 475k in 2007 1 year before the housing market crash. Today that house is worth 1.1M and almost paid off. They are very happy that they just held.

[@kimberlyplatt2382]

No way should anyone be buying an inflated home. Especially with many be 20yrs old with little to no upgrades. The new homes you gotta be careful with as well. Plus these HOAs and insurance companies are out of control.

[@artlopez5880]

It's not just interest rates it's also home proces

[@lazyjaney28]

I was looking at homes in Middlesex NJ where my relatives lives and it has skyrocketed. They didn’t have good schools and nothing to play there, not many good restaurants, not as convenient, but home prices are so high now. My area in Nassau county has good schools, good restaurants, good supermarkets, 20 minutes to the beach, just few minutes to the Eisenhower Park (it’s a huge park) and about 15 minutes to Wantagh park by the bay. We also have 2 closest decent size nice parks within walk distance. I can walk 5 minutes to the park, small businesses and restaurants, so it makes sense for the home prices here, but for Middlesex NJ, it’s insane.

[@dustindavies8128]

I've been in search of a home for 8 months. I work in D.C. (the capital) but as a single guy I can't afford a 500,000-dollar house at 6.5%. I have been commuting 2hrs one way every day for 8 years in order to make enough money to save and live comfortably and it's starting to take its toll. I honestly don't know what to do. I'm not a person that gives up easily but I am sure thinking about it now. I'm about to buy a camper to live in🤷‍♂

[@winniethepoohandeeyore2]

If you are already making that long of a commute. Look into a USDA Home loan, if you qualify, it's zero money down just like a VA Loan. Or buy outright in rural USA.

[@faithfirestone3911]

Might be a good time to get out of D.C. Even if its a slight paycut you may find areas that are far cheaper to buy. I got out of NYC many years ago (before the Great Recession) and headed south. My nephew moved to TN in 2022 with his family only to have to move again to another state 8 months later because the TN employer had lied to him about salary/benefits and he & his wife didn't like TN. So he sought employment in another state. Its not easy but sometimes necessary.

[@TreehouseLover]

@@faithfirestone3911 what part of TN and why didn’t he like it? I was thinking of relocating to the Chattanooga area.

[@southernyankee2300]

@@dustindavies8128 I did just that, BUT unless you have unrestricted property that you own, you have to pay rent to a campground. If you buy a class A p, B or C (one you can drive) especially a class C you can boondock at Walmart parking lots for free, but you still have to empty the black and gray tank at least once per week, which means you still have to pay for a night or two at a campground. There are many long term campgrounds, but you will be paying around 750 a month and some of them charge extra for the electric. If you have a lot of stuff, you have to rent a storage place. Just shop around and know how much that will cost before buying an RV

[@ducheau100]

I lived in DC for 25 years. If your waiting, it is not a good idea. I've never seen prices decrease in that City. Plateau for awhile, but never decrease

[@theewelder]

ppl will buy that 550k house when its back to whats its actually worth.............300k...tops....wake up......ppl cant even afford to buy a car thats worth 8k selling for 25k....used......sad truth......

[@proudliberal24-sv1wo]

Those people will never buy. They are not satisfied with the price. They keep waiting and waiting, rather than just jumping into the market and live there for at least 7 years. I bought in 2008. Everyone told me I was crazy to buy, the market would never recover. My home has doubled in value over the last 15 years.

[@DesertScorpionKSA]

@@proudliberal24-sv1wo My house has nearly doubled in value since I bought it in 2016. Rent keeps going up. When I bought it, the mortgage was cheaper than paying rent on the same property.

[@jrahn66]

I still see real estate here in Austin, being priced at 2021/2022 prices. I’m like WTH?! I do see poop loads of price drops however( because it was priced too high to begin with.)

[@antoniobrown1616]

Also expect banks to tighten lending standards as there will be some trauma in the industry b4 the economy turns around. There are a lot of layoffs taking place which will lead to more forclosures... we have not seen the worst of it yet. The economy will not snap around immediately following 1 25basis pt cut.

[@shaunapatton5173]

House are sitting on the market 3 months or longer now . People cannot pay these prices even at 6.5 percent.

[@seanyiya]

They will keep it on the market longer, since inventories are still low.

[@shaunapatton5173]

@JackieBaker-YY Jackie I love watching you I have learned a lot thank you!

[@SamscottKim]

Everything sounds really good on the business surface. However, Buyer's are turned off and don't want to deal with Buyer's Agent Commission to access their product!

[@DesertScorpionKSA]

I'll sell my paid off house and buy another one with cash in a cheaper city.

[@jupitereye4322]

House prices will NOT fall down, and the market won't pick up significantly either. Even if the interest rates fall by 2-2.5% it won't help the market much. People's incomes haven't been tracked by inflation, and taxes are higher. Applying for a mortgage includes all expenses tied to the mortgage, like strata fees, property taxes, average monthly credit card balances, and ALL of that went up, which means people won't be given the option to borrow. I have one rental property, I ain't selling it no matter what, if for no other reason than because I don't see how I would get into the market again. Prices will stagnate and that means effectively they will be falling against goods and services.

[@jburch1544]

There is so much focus on interest rates. Shows how addicted everyone is to loans and credit

[@TrubluFul]

@@jburch1544 You said it, my friend. 👍🏽 Finally! Someone who gets it.

[@nogames8982]

I’m not an economist so what do I know but I think it’s not the interest rates that are the problem. It’s the price of the houses to begin with. When I first bought my house it was over 6% but it was also 1/4 the price that it is today.

[@RARochester]

You don't need to be an economist; you used your common sense. Well done.....

[@ducheau100]

I remember in 2012 you could get an 5 year ARM for like 1.875% and people were still not buying

[@Jasch131]

Because nobody wants an ARM lol

[@ducheau100]

@@Jasch131 sure they do. If they don't plan to own the property for more than 5 or 7 years. Works out well

[@curiosity19]

8:28… No! The buyers don’t “have” to pay their real estate agent if the seller won’t pay for the buyer’s agent commission. You should have said, “There’s a new real estate rule now that the buyers have a choice to pay their agent’s commission if the seller refuses to pay!” And, “The agents don’t have to show the buyers properties where the seller doesn’t offer compensation!”… If the buyers insist on seeing properties where the sellers don’t offer buyers’ agent commission, then that means that the buyers are ready to include in their negotiations to include the buyers’ agent commission… whether lowering their purchase price or paying the buyers’ agent’s commission out of their pocket.

[@kkaabbccdd8080]

I am sure no seller want to sell current home which they got currently at 4-5%, why would somoone would sell and buy high price and 6.5% rate.No way more sellers are selling but there will be bidding wars and all sideline buyers will jump in the market

[@TheGhost2612000]

Bring on the rate cuts. I have 6.75% and would love 5%. I used a VA renovation loan which is a littler higher percentage wise.

[@azmaz6454]

Homes are 100 % expensive and rates cannot fix it. Usa is over

[@seanyiya]

Time to leave to their world for that cheap housing.

[@Pomp76]

Rate cut s = house prices go up even more. As a home owner I approve this.

[@brianrecoma4381]

My wife and I are currently in the process of buying a townhouse as our first home. Everything was going smoothly as it could go up until the appraisal. The list price of the townhouse is $350,000 and so far there has been a total of 3 appraisals on the home throughout this process (we only paid for one). Below are the numbers all the appraisals came back as. We are currently seeing if the sellers will drop the price in order for us to buy, since we are not interested in paying $19,000+ to cover the list price. TBH we do not want to even meet half way. The house is a 2005 build and needs slight renovations. Any thoughts or advice on this matter? FHA appraisal: $330,000 Seller independent appraisal: $334,000 Conventional Loan appraisal: $325,000

[@ellenbrown579]

@@brianrecoma4381 offer 330 or walk away

[@kam5333]

Even with lower interest rates it’s still too expensive. Avg house in most major areas are like 700-900k. You’d need a household income of over 300 to not be house poor

[@sburns2421]

76% below 5% rate, 57% have mortgage rates under 4%, and 22% under 3%. I don't see any of those people choosing to move and take on a higher mortgage unless they must relocate. The assumption "rightly or wrongly" per the article that current homeowners will suddenly choose to list their house is incorrect. As long as the perception that rates will drop in the future, people may choose to subconsciously wait for the bottom.

[@RARochester]

A lot of home owners bought high so they're NOT going to list homes BELOW what they paid ( there are exceptions to the rule so I don't want to hear it ); so this bonanza as being suggested isn't going to be what people are hoping for; it's big part of why home prices won't drop as much as people think.......

[@PAOLINAG]

Same situation here….I’ve been following the market here in Canada wanted to buy since 2021… it was a circus of multiple no inspection “oy vay” YOU are correct the multiple offer situation is over no matter what happened to interest rates. HOMES are STILL to high A correction is needed!

[@WarTheory]

When interest rates drop houses are going to go higher... that's how dumb this market has become

[@Antonio-ti2he]

If that happens it means the Fed hasn't cured the inflation problem. If they have killed the inflation demon then house prices will fall because of high inventory that will come on market and fall hard in some areas as much as 50%. Enjoy what is coming....the pendulum always swings both ways!

[@Baebon6259]

it is not "dumb". Lower interest = more people who can now "afford" lower monthly mortgage = higher demands. If higher demands are not met by higher supplies then homes will continue to soar. Extremely unfortunate.

[@RARochester]

@@Baebon6259 The poster is correct; there has always been an inverse relationship between home prices and interest rates. People today cannot afford a home even if prices do go down because they were not able to save due to increases in rent; car insurance; grocery bills, etc. He's implying the situation being dumb despite using the word " market ".

[@peggysmith4445]

I'm one of those hated, middle class "young boomers" (65 yrs) who have an interest rate of 3% & tons of equity. Since I'm about 12 miles outside of Washington, DC, & 24 from Baltimore, (Bowie, MD) I don't think I'll have problem selling my house to someone looking to buy in the 'burbs close to the city. It's a Levitt home (IYKYK) with upgrades so I don't expect to make a killing, just sell for what it's worth, pay off my small mortgage ($50K), and retire down south in a year or 2, to something smaller and less expensive in NC or SC. Am I being too optimistic?

[@frankmc2602]

While the interest is an important factor, the market value of the home is equally as important. We are no where near the traditional multiple of 3.0x - 4.5x home value to income. Unless seller is willing to take less for their home than the current 6x-7x multiple to median income, nothing is going to change. That means for prices to come down to more reasonable multiples the unemployment rates need to increase (meaning increased foreclosures or short sales) like we experienced in the 2007 - 2012 time frame. In the near term, watch the new construction market. That will be the first indicator that retail prices decline (on a per ft2 basis). Once builders are motivated to get their completed homes off the books, that will then impact the prices of existing homes , as sellers will be more inclined to take less profit on the sale of their home. Those with the greatest exposure will be those who acquired their home in the 2021 -2024 time frame--as any expected "profit" on their home will disappear.

[@winniethepoohandeeyore2]

WHY would we who have rates that are 3% or below even consider selling, paying FAR more for far LESS HOUSE, Higher property taxes, higher insurance costs????

[@faithfirestone3911]

Because not everyone has "3% or below" there are those who bought at 4-5% during the pandemic. Moreover, regardless of interest rates life happens, there are many different situations necessitating the sale of a house such as relocation for a job, family crisis, job loss, and so on. More recently, astronomical increases on property insurance in certain parts of the country. There are insurance carriers going out of business in droves driving up insurance prices.

[@Solid_Snack]

@@winniethepoohandeeyore2 if they can hold on to the home. People can get sick and lose their job or layoffs. People get old and die etc.. People move etch..

[@Raec123]

@@winniethepoohandeeyore2 divorce, separation, relocation

[@RARochester]

@@faithfirestone3911 People won't sell despite the scenarios you mentioned; they'll just use the equity which would be the better choice as opposed to selling. Many people that relocate keep their house and rent it and rent at the new location. The house can then pay for itself while still building equity; there are exceptions but that doesn't make the rule. In fact; all of the scenarios you mentioned can be remedied with an equity loan or even a reverse mortgage; people are not going to sell. The poster is correct regarding higher property tax on a " new " property as well as higher insurance due to the higher valuations so it's best to stay put and that's part of the problem with the seizure in the market.

[@proudliberal24-sv1wo]

Divorce, death of a family member, job loss, downsizing to a smaller place, job change, high amount of equity to gain on sale. There are many reasons to sell.

[@lindycarpenter1585]

Have you been seeing Sellers not agreeing to pay for the buyer’s agent? Realtors keep telling me that agents will steer clients away from a listing like that, even though that’s prohibited.

[@jreifsnyder2225]

interest rates aren't going to go down

[@sidney4329]

I'm hoping for Spring 2025 for a little ranch here in the finger lakes, New York.

[@antoniobrown1616]

Interest rates play a role but homes are still overpriced. Individuals who sell early will do so because they are forced to as they probably stepped into homes they could not afford. Sell to step right into an overpriced market???

[@bdtn342]

Taxes taxes taxes.... prices are too high for the median income.

[@jasonfield7825]

We don't have a shortage right now in Florida.

[@maria21507]

Is it a good idea to invest into purchasing a mobile home for low option home ownership in today economy.

[@greglee1465]

Supply vs Demand is all you need know.

[@SamscottKim]

Realtors have responsibility to wake up these greedy ND unrealistic Home Seller

[@stevelucky7579]

I can’t speak for others, but I am trying not to get a loan for a home. If I do get one, I am trying not to go beyond 4 years of untaxed salary. A person shouldn’t have to go 30 years in debt to own a home. So I plan on starting small and climbing the ladder up, one house at a time.

[@94mandydallas]

With this seesaw market, what effect will this have on cash buyers?

[@EH-rf9ot]

I agree with you but not this year For some reason the interest rates have little to nothing impact on the market here in the greater Seattle area Right now, a lot of inventory and sales are down

[@karnevil9959]

Too many factors left out of the conversation. Much of America is living on credit and paycheck to paycheck. Many economists say we are already in a recession. Unemployment is on the uptick. Historically more times than not when the fed actually starts to cut interest rates the stock market has a major correction which can dramatically impact the wealth effect and people's purchasing power as well as their appetite for risk.

[@Solid_Snack]

@@karnevil9959 right on. Unemployment and with everything else going up in prices like food and housing etcc... is a recipe for disaster

[@RARochester]

Well put and the uncertainty with regard to employment ( as you stated ) will be a part of the hesitancy to purchase.

[@blake6026]

It's not the rates, it's the price

[@Felinefun1]

Buyers, don’t listen to this person. She’s a real estate agent who wants to drive a narrative. What she’s omitting to tell you is that when they start to drop interest rates it’s because we are in a recession and a lot of people are probably unemployed, financially struggling and can’t afford these inflated prices, not to mention increasing property taxes, HOA’s, and insurance. Buyers will come back to the market when prices come down. Otherwise let these over inflated properties sit on the market. Don’t let her create FOMO in you. This is the type of situation when I want to ask her “are you stupid or are you lying.” I don’t feel compelled to be polite to people that put their own self interests ahead of the masses in need. Watch Reventure consulting. Nick is much more honest and informed about real estate economics.

[@xs4205]

Keep your rates, hoa's, insurance, old ass houses that are way overpriced and im not paying for a buyers agent either

[@seanyiya]

As long as you keep your house long enough, it already appreciates, just like major index funds.

[@luck9837]

Anyone recommending buying a home rn is a disgusting human being, the market is coming to a hard crash prepare everyone

[@curtphillipps7830]

You should buy asap there is no crash coming or in sight housing will double again over the next 6 years

[@proudliberal24-sv1wo]

There are no signs of a crash. People are bidding 100k over asking price in VA where I live. My friends just listed a home and got an offer already. They are selling and downsizing. Kids in college. They do not need a huge house anymore.

[@reempire888]

Yep, I agree, but not for the reason of a crash, but rather that most households are way over stretched on their budget due to inflation. Don't let anyone feed you into fear of FOMO.

[@curtphillipps7830]

@@reempire888 corporate will scoop up the housing that the masses can’t afford to buy

[@luck9837]

@@proudliberal24-sv1wo every market is different, my area the average mortgage is 3600-4200 a month and i know so many people paying 4000 bringing in 6000 a month, only a matter of time before they cant afford it any longer

[@tkordik]

Inventory will skyrocket when rates fall below 5% - millions of sellers have put selling off due to rates.

[@lawyer1165]

I always believe everything real estate agents and trade groups tell me. Why would they lie? No need to reply.

[@bumblebay9559]

😂

[@winniethepoohandeeyore2]

🤣🤣🤣👍👍

[@Ttow49]

😂😂😂

[@winniethepoohandeeyore2]

The gist of it is: Prices will go up, sellers will need auctioneers on their properties again, it will be a seller's market

[@TraddyBohemian]

Not so sure the demand is there. With the economy weakening, and inflation still outstripping wage growth, even with cheaper houses we won't see the same demand we saw post covid. Remember people aren't rational, but they are limited. During and after covid folks were cooped up at the same time the California was becoming an unbearable place to live in, and places like Florida and Texas were open, and millennials were looking to buy finally. A lot of the buying bananza was millennial migration, not genuine growth. Also the interest rates were 0% for fed funds, not 5%. Also, no one is getting money parachuted into their laps this time. Furthermore we're seeing massive construction in the covid growth states. If people start selling, and all these new construction properties come online, and people don't buy, thats a great recipe for a sizable correction.

[@hunchbackaudio]

Not sure how this works, because in Europe, falling interest rates have ramped up the house prices like crazy. My mortgage is at 1.6% now. Probably because more people could afford to take bigger mortgages. Would be surprising if exactly the opposite would happen in the US? On the other hand in Europe mortgage rates are only fixed for a limited time or even flexible, so you don't have to move to lower your mortgage rate. Just wait till your fixed rate period ends, or take a new mortgage and pay a fee.

[@RARochester]

Nothing will happen for the working class as far as home buying; they're too broke. There is no down payment money. Building homes will be a WASTE of time for builders because people cannot buy and the builders KNOW this and that's why they build homes for the uber rich.

[@arnie1005]

When people sale their , they have to buy another one to live in . They get a big price for the one they sale and pay a big price for the one they buy . Make no sense !

[@Jdjdjfhehehd]

Well, how would lower interest rates make it affordable… taxes, fees and inflation has significantly increased, and when properties are listed well above values in comparison to 1/3 average income. Anyone who buys now and over the next 4 years will find affordable issues, foreclosures and possibly bankruptcy.

[@DatGuy-dc1ws]

Not to mention the job market. Increased automation, which will affect housing affordability.

[@jeffgoesrandom4217]

Interest rates won't drop enough. The market won't be changed for a long time. Just a pipe dream prediction.

[@Blessedandhighlyfavor]

Honestly I could wait to build my house from scratch. Cos I’m getting in someone house who has fill up the foundation with you know what, nah thanks lol

[@HieuNguyen-dg9gd]

Nah, there's no way that the real estate market is going crazy again.

[@kingyos6710]

We are headed for a recession. It's inevitable. Also, I don't believe that the market will get as bad as 2008 but it will get close. Lowered interest rates will not stop the people from losing their jobs. Loss of job will lead to possible foreclosure. Hi taxes, price of gas, food, clothing at an all time high. RE Agents are going to lose their jobs at a VERY high rate as well. 2025. You'll see.

[@Charlie-zj3hw]

You don't live in reality living in North Jersey

[@notaleproductions]

Thank you!!

[@carollykins9475]

People are reluctant to buy or build is because of how bad the homes are being built. Poor building, bad materials, badly trained construction workers,etc. No one wants to invest in poor quality work.

[@ryancooper5962]

I have watched several of this agents video's and have to say the vid's are extremely depressing and negative. It's a bit scary knowing that agents like this one spins every conversation that are based off her opinion. She attempts to drive the market (always states her recommendation) is a pretty obvious attempt to steer the local market. Very concerning.

[@JackieBaker]

My purpose is to educate. Trust me I, nor does anyone have the power to steer the local market. I appreciate you watching the videos.

[@shirleyjsanchez]

Excellent video! Thank you! P.s. chefs kiss to your hairdresser- i watch you enough to know you did something different, it looks sooo good!

[@JackieBaker]

Thank you so much!

[@johnwright4456]

I think a lot of manipulating and dishonest realtors are gonna be kicked out of the market but I think a lot of my gonna learn to play this game even harder and I think it’s gonna be even more room for corruption than it was before basically your craft is not filled with a bunch honest people it’s per dominated by people that exploit people who are excited about buying their first home or another home or a new location home I’m not a fan of realtors believe me and I sold my own property on my own and save a lot of money but at the end of the day I think you guys are getting what you deserve and the roosters of come home to roost so heat on me all you want

[@Cuete590]

@@johnwright4456 I’m with you brother I think many realtors are crooks so much so to the point where they passed some laws here in California decreasing their commission drastically and that says a lot

[@darkbrownblm2854]

In my world, the highest offer is the best offer.

[@mikerudd4943]

Fed action is ALREADY baked into the current rate. Don't expect much more.

[@winniethepoohandeeyore2]

Bought my house in spring 21 @ a great price and a great rate. I'm not going anywhere.

[@faithfirestone3911]

Many buyers in 2020-2022 are in debt up to their ears. Especially as Insurance rates and property taxes have skyrocketed.

[@winniethepoohandeeyore2]

@@faithfirestone3911 Bought my house using an SSDI income, bought far UNDER what the lender approved us for. We have overpaid the principal ever since our first payment was due, already knocking years off the life of our mortgage in just three years , paying far more towards principal than interest which takes YEARS to do just by making the reg agreed upon payments. My principal is only one hundred and twenty six a month... EACH COLA we add another ten dollars a month, we have the double homestead exemption, once we claimed it our property taxes almost HALVED. Once we hit 65 property tax FREEZES, home will be PAID FOR, So, all we will have is home owner's insurance. I'm LITERALLY NOT going anywhere.

[@winniethepoohandeeyore2]

@faithfirestone3911 Bought my house using an SSDI income, bought far UNDER what the lender approved us for. We have overpaid the principal ever since our first payment was due, already knocking years off the life of our mortgage in just three years , paying far more towards principal than interest which takes YEARS to do just by making the reg agreed upon payments. My principal is only one hundred and twenty six a month... EACH COLA we add another ten dollars a month, we have the double homestead exemption, once we claimed it our property taxes almost HALVED. Once we hit 65 property tax FREEZES, home will be PAID FOR, So, all we will have is home owner's insurance. I'm LITERALLY NOT going anywhere.

[@davidjimenez933]

When this bobble pops home value is gonna crash n these people that over payed will walk away

[@Billybobcan]

How about unemployment is increasingly rising. So lower rates bring more buyers, but some of them cannot participate with employment insecurity surfacing.

[@buzzpaff]

Interest rates of 4% are available on new houses with a builder but down. And they are not selling!😊

[@mindfullymellow2323]

Not selling because prices are still too high! Builder buy down is almost like an ARM - that lower payment will get incrementally larger.

[@Jasch131]

People are buying in Arizona still

[@charlierodriguez8489]

Average income in the states is 35k annually. It's possible the housing market is literally fraudulent and there's a specific class segment playing amongst themselves. Also, immigration. There's already too much competition for housing with every illegal in the country. Will be interesting to see how the election turns out.

[@mikimikemike1]

2026 time to buy , dont give in stay strong dont buying in the triple bubble

[@denisestradiotto3767]

My house has been on the market for 3 months in Denver priced realistically. Any thoughts

[@JackieBaker]

Could still be the price

[@ducheau100]

or busy street

[@spusulri]

Prices will go back up again with more buyers. but with the economy the way it is…why would people wanna sell? And prices are still high so will people wanna buy? yes… yes they will. 😂😂😂

[@janetmatos1725]

My DOUTHER is not giving up her 😁 3% ever.... we rather rented to are family.

[@movearoundwithpiracha]

Good information

[@JackieBaker]

Thanks!

[@MauriceDeClerk]

Why are you assuming interest rates will be cut by 3-4%? Actual rates will only be 1-1.5%. That won't make or break a market like this. You're talking like rates are going to 0. I have news, if they do, things will be bad in the country.

[@rubberducky6411]

Over priced homes will seem a bargain 5 yrs from now,homes and the price of bread will not go down,this is what inflation does...it resets the dollar going forward.

[@ThrowBackZone]

So, experts say home prices will remain high even with lower interest rates. 🤔 But what's your take?