Fed-Up Buyers are Forcing Sellers to SLASH Prices

The housing market could be shifting to a more balanced market. People have had it and they don't want to pay these high home prices. Now it appears the trend is spreading across the country and some experts are saying we could be returning to a balanced market. In this video I’m going to go talk about some stats from Zillow and Realtor.com about the increase in the number of prices reductions in this country. We’re not crashing folks, but it appears the cycle of these rising prices are breaking.
CHECK OUT THESE VIDEOS NEXT:
THE HOUSING BUBBLE IS STARTING TO BURST ➡️ • The Housing Bubble is ...
WHAT WILL HAPPEN TO THE HOUSING MARKET WHEN THE BOOMERS ARE GONE ➡️ • What Will Happen to th...
Thanks for being here to get your dose of real estate reality! 🏡
🏡 NEED A REALTOR IN YOUR AREA? Click the link below to get connected with an agent!
✅If you'd like to work with me to help you with your real estate needs in Northern NJ or need an agent referral in your area, click here: www.jackiebakersellsnj.com/
==================================================================
🏡 If you're interested in purchasing a foreclosed home, visit Foreclosure.com to see all of the available homes: www.foreclosure.com/?rsp=3655
====================================================================
🛏 If you're looking for the best mattress in your new or current home, check out Saatva: saatva.prf.hn/click/camref:11...
As an affiliate partner with Saatva, I earn from qualifying purchases at no extra cost to you.
====================================================================
Be sure to subscribe!
✅ SUBSCIRBE kzbin.info?sub_co...
Jacqueline "Jackie" Baker
NJ License 1541448
Coldwell Banker Realty
Allendale/Saddle River
#realestate #jackiebakerrealtor #jackiebakersellsnj #homebuyingtips #homesellingtips #realestateinvesting
All images and additional video segments contained in the Thumbnails and/or B-roll segments are used in strict compliance with the appropriate permissions and licenses required from pixabay.com and in accordance with the KZbin Partner Program, Community guidelines & KZbin terms of service.

[@CameronFussner]

People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts.

[@CharlesArthur-fq5sx]

Buy now, home prices will not go lower. If rates drop, you can refinance.

[@AlfredWilliams-ki6ri]

The government will have no choice but to print more notes and lower interest rates.

[@williamDonaldson432]

Well i think, home prices will need to fall by at least 40% before the market normalizes. If you do not know whether to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in return on investments.

[@foreverlaura-fq4eu]

this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@williamDonaldson432]

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

[@LupeBaptista]

I’m 53 and have about $225k liquid in savings which I plan to put towards becoming a homeowner, but based on the current high prices on real estate, do you suggest I hold from buying and look at dividend paying stocks instead?

[@valentinaarrelaro]

after studying the trajectory of great assets like real estate dividend paying stocks and gold, my conclusion is to buy and invest in what you can afford today! working with a financial advisor can certainly help

[@heatherholdings]

Agreed, I'm in line with having a license advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well diversified and has just 5X in 5 years, summing up nearly $1m as of today.

[@okaydamian]

​@@heatherholdings real estate prices exploded, interest rates exploded, but my wage the same, i'm screwed !! who is the advisor guiding you please? I could really use some help right now

[@heatherholdings]

Can't divulge much, I delegate my excesses to someone of great expertise ''Karen Lynne Chess'' preferably you can look her up online, her qualifications speak for itself.

[@pluto1of1]

curiously inputted Karen Lynne Chess on the web, spotted her consulting page at once, and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal

[@cackleberrycottage2340]

We were talking to a real estate agent in Prescott, AZ and he keeps saying how much more house you get for a million dollars in Prescott than you do in LA. What he isn't comprehending is that you have to be able to actually afford to pay a million dollars for a house. It doesn't matter how much you are going to get compared to somewhere else if you can't afford it.

[@MichaelOrtega]

Many people who have tech and remote jobs live in nearby states that can still afford those homes

[@borisgetman9222]

Tell that real estate agent that in USSR people were getting houses for free from the government for good work, and acting as a real estate agent was criminal and punishable by imprisonment. It was considered immoral to benefit from other peoples housing troubles. Kinda like selling an opportunity to get hospitalized when other sick people are waiting for their turn.

[@cackleberrycottage2340]

@@borisgetman9222 Good one! I see his point and he is right in that respect. A million dollar house in Prescott is far bigger and nicer than a million dollar house in LA. But most average people cannot afford a million dollar house anywhere, no matter how much house they are getting. Heck, we can't even afford a $500,000 dollar house. These prices are just too high for normal people. We are heading into retirement in a year or two and do not want a 6 figure mortgage hanging over our heads and I refuse to pay 2 to 3 hundred thousand for a mobile home or 4 figure space rents. Things have to break soon.

[@BbCc-uf8fu]

There is a huge difference between la and Prescott AZ- that’s problem with this logic

[@ninaamou1171]

In Raleigh North Carolina ,I have signed a contract to buy a townhome for 340.000 unfortunately I had emergengy and just canceled the contract.The same house was sold today for 319,000 and I see a lot of sellers who are cutting the prices recently.

[@123chargeit]

I live in Hendersonville (north of Asheville) and over here there still buying the overpriced crap. Saw a 950 sq ft house sell for 350k. It sold 2016 for 150k.

[@Wolverine8091]

Thats too expensive for north Carolina

[@beenjammin8581]

Invest in stocks not homes

[@ErnieBert-eg8kd]

@@beenjammin8581buying a home is shelter not an investment.

[@rsuriyop]

Yeah, tell me about it. I recently saw an 1,800 sq ft 3 br 2 br house listed some time last month for 235K that I wanted to go check out and see. But as soon as I contacted the realtor, they told me that it was already gone under contract. 😔 And then when I went back to check the listing again just a few days ago, I saw that the buyer had apparently gotten away with buying it off at just 205K! 😭

[@theguy12322]

Yell I’m not going to pay 700,000 thousand dollars. For a house they paid 300,000 2 years ago

[@nataliedigiovanni4863]

Me either such a rip off

[@DkpProductions]

Someone has got to find a way to build houses efficiently. Flippers keep buying most houses under 200k and blowing them over 300k when they are done. It leaves nothing for those with a limited income

[@hvaball150]

That happens to be exactly what I was looking for. Do you have an address of that house?

[@ErnieBert-eg8kd]

You may rent forever then.

[@ErnieBert-eg8kd]

@@dan-qe1tb renting isn’t as awful as people make it. With all the interest you pay the bank you will never come out in the green when you sell

[@TatomWyett]

In 96 my mother worked for $11 an hour 50 hours a week and was able to get a 48k mortgage on a 1600sqf home from saving $200 a month for 2 years. Now I make $11 an hour 55 hour work weeks and... I live paycheck to paycheck in Lowe income government assistant housing because renting anything else would eat 2/3 my paycheck. I'll never afford to buy a house

[@FerdinandoAmbrosanio]

I was a stay at Home disabled dad with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, she was able to scale this quickly to $150,000. If I can do this in a year, you can do better.

[@BruceWoolems]

@@FerdinandoAmbrosanio I know this FA, Abby Joseph Cohen Services but only by her reputation of being a former employee at Goldman Sachs; even though she's now involved in managing portfolios and providing investmnt guidance to clients. I have been trying to get in contact since I watched her interview on WSJ last month

[@FerdinandoAmbrosanio]

​@@BruceWoolems Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@LesterAdriana]

I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here.

[@BruceWoolems]

​@@FerdinandoAmbrosanio Thank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..

[@MsTuliplady]

Saw two cheap houses last weekend. Roofs caved in, sinking foundations. Wanted $200k, for a house that smelled like cat urine and cigarettes. In the Northeast, on a super long dirt road. Do people think they can find $200k between couch cushions? The place would have needed at least $100k to make it livable. There was more value in the match it would have taken to burn the place down and start new. Sellers have become completely delusional...

[@nolongeranurse3369]

As a buyer, you have the choice to place an offer...or sit it out to wait. If you are right, prices will drop...if you are wrong they keep going up...nobody is forcing you to pay what they are asking

[@MsTuliplady]

​@@nolongeranurse3369it's not the point. The point is that sellers have become delusional in their expectations and waste people's time with garbage. Deduct the cost of making a place habitable in a reasonable way. Or don't list at all... The places I saw were not worth 50k. Compromised floors and a leaky roof with exposed ceilings with massive missing drywall is not a home, and certainly not worth $200k.

[@nolongeranurse3369]

@MsTuliplady just because YOU don't want it/find it worth the price doesn't mean somebody else wont...you could find yourself sitting on the sidelines and prices being 100k higher next year...many people did from 2021 to 2022

[@MsTuliplady]

​​@@nolongeranurse3369lol, you really believe that? Laughable. We are going into a downturn. And a hard one at that. Have you seen the rise in property taxes, insurance, etc? Price reductions galore. Flippers are losing their appetite for the risk inherent in rising flipping repair costs (if you can find the laborers)... And Wall Street is going to be stuck with billions of lbs of sticks and stone no one wants. FOMO was 2021, and the height of the market was June 2022. Id love to live in your fantasy. But it's not 2024. You are still in 2021..

[@nolongeranurse3369]

@MsTuliplady my famtasy..Humm Who do you think is going to build the millions of homes still needed..and those that will be needed in the next few years just to meet demand ? You make a few good points about the costs of labor and materials continuing to rise..but that does not solve the 20+ years of under building required to just meet the needs. The building has already slowed down again... except for luxury rentals. You see, if you don't purchase a home... you must rent a home. Wallstreet doesn't care if you buy or rent... That's why the Blackstone of the world has been sucking up so many to rent. Rents go up up up every year if homes are not purchased.. they must be rented. It is unfortunate that so many believe that buying a home is required as part of the American dream...I personally don't care if you (figurative use of you) rent forever or buy...the millenial generation is larger than the boomer generation at this point...where are they going to live ? Not to mention the generations to follow ? Boomers are living longer..staying put ( not downsizing..taking out equity to live the life they want)..and spending off any inheritances that millenials may have felt entitled to.... It will take generations for people to redefine " the American dream" to not include " home ownership." So I guess we will just have to wait and see who I'd living a fantasy. Personally I own my home ( + rentals) my children and dult Grands do as well...I was lucky enough to have been educated as to HOW money works..and I have passed that on to those who followed me. We know debt is selling yourself into slavery. Most unfortunately do not. I do not live in the past ( 2021 or any other year) My rents keep rising and will continue to do so...if anything I focus on the future 5 years out... with ZERO debt and stacking cash I will be ready to buy more rentals when life hits and Mr Smith gets transfered and has to sell..or Mrs Jones is widowed and wants to move closer to her grandkids.

[@austinchuloboy]

Here in Austin, Texas a remodeled home built in the 70s was recently listed for $420k. A month later it finally went under contract when the seller dropped the price to $349k. $71,000 drop!

[@JackieBaker]

Wow!

[@Novaximus]

I live in South Jersey. There's just too many people in this state. The WaWa near my house, out in the middle of nowhere, has people parked on the shoulder across the street. It's just a convenience store. There's like 7 other wawa's within a 25 minute drive in all directions. But I digress. I gave up house hunting 10 years ago. I don't even look anymore. Any time a house goes up around here there's 50,000 people whipping out their wallets "Ooooh! Only 600k for this one!! What a deal!!! Quick let's buy it for our daughter"

[@Novaximus]

I feel like the only residential being built in this area are "luxury apartments" Just a gimmick so they can justify a high price tag while keeping the living space small because they have a modern look to them. As if anyone needs a marble countertop in a 1 bedroom apartment. Or fancy modern fixtures. "Hey come on over guys. So, we're all going to have to watch the game at the kitchen bar counter but hey... not to brag or anything but that's marble right there"

[@Tonymanero1960]

@@Novaximus So true,....those expensive,...but ,...cheaply built ''5 over 1'' apts are sweeping the nation. Your comment was hilarious,...and 1000 pct spot on.

[@JackieBaker]

New Jersey is insane. I don't get it.

[@michaelmorgan9009]

thank those open borders... more people, more problems. Just how it goes. Keep voting blue for more of that cultural enrichment

[@Chris-by1su]

@@JackieBaker suburbs of NY and Philly and people don’t want to live in those cities anymore, especially Philly.

[@kgolem79]

Sadly that Corporate investors own more than 33% of homes in Arizona!

[@joeacquavella6548]

And they are starting to sell at a loss!

[@JackieBaker]

Holy cow! That's a lot!

[@joeacquavella6548]

@@JackieBaker Yep, very similar to 2008! That's what creates the bubble not sub prime borrowers. Sub prime was just the pin that popped the bubble back in 2008.

[@user-cc6wn6rl3j]

Corporate sellers will start to unload homes when they can make more money in a different investment

[@nameblocked]

@@user-cc6wn6rl3j E X A C T L Y ‼️ It's still profitable for these leeches to buy and hold because not much else guarantees the returns and tax benefits of residential real estate. That's why they should get taxed out of their profits.

[@emilo81]

In NJ, there are houses selling for double what they sold for 4 years ago. That's insane.

[@dan-qe1tb]

Looks good on all of the sniveling renters. They have to pay $700 a month more to rent the same place

[@stevenmccallan9202]

All the poor fools who just wanted any house, no matter the price. Now they will be upside down on the mortgage . Hard way to learn a lesson. Someone is always left holding the bag.

[@flauze]

You can keep on touting that the market WON'T crash and watch as inventory soars with ZERO buyers. Average people can afford a $175k house for 1200/ month while 4 years ago It use to be a 300K house that cost 1200/month. So unless prices get to that point with 7% interest rates you can expect a lot of UNSOLD overpriced houses sitting vacant for years

[@starrystarrynight6281]

We finally told our realtor a year okay that I wasn’t going to get ripped off for a house.

[@DkpProductions]

I'm going on a year as well, my agent pretty much ghosted me

[@PatamaGomutbutra]

I feel blessing not owning a home in this time. Renting a good deal great location provide better financial and mental health. I can save 80% of income in emergency fund and retirement fund. Save mentality focus on career building. I have no interest in overpriced houses.

[@bubbathekid7014]

Sold in 2022, moved to a different State, just resigned lease on apartment. It's cheaper to rent. I'm fine letting Bidemomics work on sellers. I'm cool with breaking My lease if a reasonable property/price presents itself.

[@SigFigNewton]

Home price decreases are good for society in general, not just buyers

[@judep4372]

I think people are listing now because they want to cash in on the high home values before they decline. Also a lot of people have buyer's remorse after fighting to get anything, they realize they're not happy with their purchase.

[@kathyf1964]

Got one here, ugh 😑

[@GTPInternational]

Old people pouring money into funds that buy 27 million homes driving up prices then Grandma complains that her grandkids cant afford a home.

[@nameblocked]

They're not desperate enough. They need to desperately cutting prices at least 60%

[@SailorDoc]

that will buy me a nice mansion lol...

[@JackieBaker]

Yeah that won't happen.

[@nameblocked]

@@JackieBaker we'll see ☺️

[@SailorDoc]

@@JackieBaker Anythings possible. In SF, this is CRE by the way, a building was sold at 90% discount. 60% discount isn't likely nationwide. But I wouldn't be surprised if it happens in some local markets. Some of the houses in my neck of wood need to go down that much to reach it's pre-covid level...

[@benjamindover5355]

@@JackieBakeryea many folks have 2 and 3% mortgages with hundreds of thousands in equity. Even if that means a hit of 25k-50k just because of market conditions. And even then that will be regionally. Hi Jackie!!!

[@jeff8846]

Love your series. In Sarasota, which is paradise. 1 acre in Gulf Gate East. 3 miles from Siesta Key. Great interest rate and I’m not selling. See you in 30 years.

[@00301200]

These so called “price reductions” are from levels that are absurdly high to begin with …..so they are meaningless unless prices drop 40-50 % for most of us to get interested in buying ….

[@CaptainCaveman1170]

I've been watching San Antonio closely for months, and I'd call it a buyer's market now, definitely not a neutral market. Although the absolute deluge of new listings hit a wall a few weeks ago that felt really strange and artificial to me. As for Zillow, when prices are going up, they go out of their way to make sure EVERYONE knows it. But when they are slipping and concessions are being made, they have a number of ways to make it much less obvious. In some cases, you almost have to pull out the detective cap to get the clearest picture. Redfin has its share of hide-the-decline tricks too.

[@amalHope3]

Price reduction means the listing is overpriced and sometimes ridiculous . Some sellers are delusional

[@dallidvargas916]

Not my area, Phoenix Metro is still posting higher prices, specially within the suburbs like Tempe, Chandler and Scottsdale- paradise valley…looks like our market is still getting a steady amount of California buyers, large cap REITs and investors 😒

[@JeffUnderwoodRealtor]

An 80% increase in active listings in Phoenix over the past 12 months. Prices should start softening as sellers get serious about getting their houses sold.

[@rhr19eighties]

The sky is not falling, prices are just returning to the normal before insane Covid pricing

[@billredding2000]

Not yet. But I 100% expect he sky to be falling real soon. I should know about these things, being an expert in them. Trust me. -- Chicken Little

[@rhr19eighties]

@@billredding2000 sky is not fallen

[@ErnieBert-eg8kd]

Maybe maybe not. Idc I bought in 2010. Refi’d in 2021 on a 15 year mortgage on 60k at 2.2%. My payment is under 500. I’ve been making triple payments and will have it paid off by 2026. If it crashed I don’t care. My taxes will drop that’s it. I could pay the property off today with my emergency fund if anything bad happens

[@rhr19eighties]

@@ErnieBert-eg8kd That is awesome man. More Americans should be like u. I have not had a car or house payment for over 15 years myself.

[@ErnieBert-eg8kd]

@@rhr19eighties right age right time and still had a good job during the great financial crisis. A lot of dumb luck but I’ll take it. I feel for the people trying to buy now. The 50 million illegals who have no right to be here aren’t making things any easier

[@cindyonyoutube]

It's good to see that at least some markets are adjusting. Thanks for this update, Jackie!

[@JackieBaker]

You're so welcome!

[@NickSealPueo]

I’m pretty sure I’m making significantly more than most Americans and yet I don’t see how people can afford houses at their current prices. If I was making average or below, there is zero chance people can afford them. Prices will correct from being up 50% in 5 years once inventory increases.

[@bigcahuna42366]

I own my home in Rochester, NY and it's believable that we're at the top for the strongest seller's market. The inventory in my area is extraordinarily low. Currently there are only 16 houses on the market in my suburban town which is home to about 30,000 residents.

[@iati6294]

I recently saw a house for sale for 167k then 3 days later price was increased 50k ! What’s that seller thinking of!

[@jamesgullo8240]

I see this too on Zillow when I am window shopping houses. Greed is a horrible sickness.

[@victorsong8416]

The 2006-2007 housing collapse took off slowly also. It's human nature, the greed and the disbelief. It took 3 years to hit the bottom; three years to sink in the reality. An acquaintance of ours lost $200K by not accepting the lowball offer in 2027 and eventually had to take the offer she got in 2009 for 200K LESS than the 2007 lowball, because she just could no longer carry two mortgages and taxes and other maintenance. She was just chasing the market for over two years, always wanting more than she got offered.

[@luckysslevin]

Was looking at a house that was reduced by 100k but it’s still 650k, 3 years ago it was in the 400k at a lower interest rate not low enough

[@ELEVOPR]

I stopped looking a while ago. It is Ridiculous even at today's prices. Realtors and Zillows Estimate are also Overpriced and I think it's done purposely as well.

[@Psalms20A21]

Thank You🌿

[@fredmcgough748]

I sold my house in Long island three years ago. The house has gone up 230k. The average home price in L. I. Is 587k.

[@a.j.nemeth2966]

we been trying to buy a house now for close to 4 years. Nothing has improved, still seeing homes going 20k-40k over asking or asking price.

[@meomeomeomeow]

Great trend, now bring that to New Jersey 😂.

[@GioDudeTV]

I really like your videos! You have insightful and honest opinions keep up the good work!

[@rogerbec5766]

I believe I heard you say in a previous pod cast this was not going to happen. Home values were not going to go down. If I misheard, I do apologize.

[@JustinCase-lu6qp]

That is not happening in our area in NC. The prices are going up and up and not staying on the market but a few days . Of course there are those that linger but for the most part if you see a house and like it, you better jump. A realtor told me "If you have to sleep on it, you won't sleep in it."It's all people from other states and they pricing out the locals. Gentrification is happening in the rural areas. Makes me sick.

[@user-eh5xu3hl9g]

The Real Estate market has started a 14 yr down cycle. At least, that is what we were taught in MD.at continuing ed classes. Better freshen up on those bank sales

[@123pb]

When the price of a home is more than doubled in the last 4 years to talk about a single percentage point or even 10% drop in the sales prices we Dick. Noise. It's still not affordable. This is how real estate agents think it really basically no different than used car sales.

[@user-rp8nf3mk8p]

My house has been on the market for six months and I am not overpriced

[@pinkrosessheila]

I'm in San Antonio. We (in our 60s) are looking to eventually downsize from our larger 2-story house (2575 sqft) to maybe a single-story home, still in the area. We'd be looking for what might be considered a little bit larger "starter home" (1200-1600 sqft). I'm definitely seeing more inventory on the market locally and more price reductions. Also longer DOM.

[@emomuzz5883]

MOAR straight-talk with Jackie!

[@JackieBaker]

😂

[@littlepacificstudios]

What happens is there are dealers and home investors who paid high and don't want to lose money... The homeowners/stockholders will rent homes out until market can sustain prices again and sell then... and the car dealers will grudgingly drop prices a percent or two as they glide on into the lower market pricing without losing as they clear inventories..... People are very selfish, and they are not going to just be fair unless they are forced to do so... Mankind is not going to give anyone anything period.... That is not how mankind works, just look at the senseless poverty all around.

[@blalien777]

Alot of the houses in Tampa are overpriced by at least 70-100k!

[@JackieBaker]

Not surprised

[@alexhardee5746]

Cries in Northern VA/DC/MD

[@hvaball150]

Houses have averaged 3x over 20 years since the beggining of the MSPUS in 1963. Q1 2004 was 212,700 Q1 2024 was 420,800 While its not a record low increase today, its pretty close.

[@KiDnamedSoSa]

House near me in orlando is way too expensive for what you get. Im hoping that hurricanes and the rising cost of living will make people move so i can get a larger home in the same neighborhood im in. Prices have dropped 30k already on homes i saved

[@southernyankee2300]

Good, because I am not moving to the NE, I’d like to know what the Knoxville, TN market is like.

[@VCBird6]

It all depends on the market. The I75 corridor between DFW and Sherman-Denison in the Texoma area is the hottest market in the entire state of Texas. The price of land due to demand is INSANE We live in a home from the 60s valued at near $250k that we got incredibly lucky on when we bought it and has doubled in value over the last decade It's definitely our big investment opportunity but we also like the house and area 😅

[@stom3998]

It’s interesting because I watch two markets, El Paso, TX, and Lake County, IL. El Paso is starting to cut kind of, southern Lake County seems to be going up again,

[@walterporras9233]

Thanks for another interesting video Jackie. What plattform other than zillow do you recomend whenn looking for a house? Thanks!

[@michellevukelich2703]

In so cal if you reduce your still doing ok. $200k plus increase year after year. It's still $500 1bdr $600-750 2bdr condo

[@raymond_sycamore]

Yeah, absolutely no interest in my house I listed last week. Will probably reduce asking. However, everywhere else in the nation seems to be holding strong.

[@bobsacamano7653]

When the demand drops so will corporate investors drop out and the prices will drop even further

[@mike7972]

It would be interesting to do a comparison of 08 and how that price and low buyer demand compares to what we see now.

[@hvaball150]

Houses were seriously overpriced in 2008. They are not now.

[@mike7972]

@@hvaball150 ?

[@aBrewster29]

Are these price reductions eating into prior home values or are sellers just overshooting value? Doesn’t make sense for prices to decrease broadly if there’s still a shortage.

[@tonivida9649]

Click bait. Prices only rising in the north east (tri-state escpecially).

[@rubyannr6898]

@@tonivida9649 Real Estate is regional.

[@Ashermicheal6341]

I got a 150K mortgage, bought 75k worth of Brett with it. YOLO from profit of 10k thanks a lot celia dullpher.

[@Blackrainbow-gh]

Hello, how do you make such amount? I'm a born christian but sometimes I feel so down of myself because of low finance but I still believe in God..

[@Lucas75332]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich

[@liammateo287]

Wow, you guys are discussing about the same thing in my mind what a coincidence. Hahaha .I bought couple of crypto like Shiba Inu, BNB,XRP & ADA..

[@Ashermicheal6341]

Sincerely speaking. I will continue to trade and stick to expert Dullpher daily signals and guides as long as it works well for me....

[@philipbenson746]

Celia Dullpher has really set the standard for others to follow, we love her here in Canada because she has been really helpful and changed lots of life's

[@amprg]

These are just fluctuations. In the end the prices are going up because everything is continuously going up. Incomes are going up. Even social security increased. In my opinion, houses will be more affordable if mortgage rates go down. Half of the affordability is tied to the mortgage rates.

[@bobsacamano7653]

This is just the beginning

[@LHDev21]

Are you going to make a video on NACA?

[@KizzyT534]

No one ever discuss nyc partially the 5 borough

[@patrickwade3150]

Sellers are always the last ones to figure out their properties’ real value…when I was a broker there were agents that wouldn’t be upfront with the seller when signing the listing agreement, then after weeks of very few showings and no offers, the agent drops the bomb on them. Risky for the agent. I was always upfront with my sellers and walked away with the listing 9 times out of 10. We also would get showings and at least one offer.

[@timothylarson4587]

Oh boo hoo, they're having to give up these artificial gains, that is destroying our country's real estate market

[@thomasgreen9454]

Jackie, how much is the current housing market being affected by borrowers and investors who are tied up in the reverse mortgage market?

[@jennlouis4987]

Not in New York, New Jersey you be lucky to see something for $400,000

[@vetmxlife]

I hope all housing prices continue to go down. I want to look at a 2nd. home in future in Ocean NJ. When I start to look late in this year or next year, I will offer 1/2 of asking price. Some people will not respond and some may come close to it. I do this on most of my big ticket purchases, a lot of times it does work.

[@tylertyler82]

An agent will never offer ½ asking price.

[@vetmxlife]

@@tylertyler82 most agents would not want to make that offer, I am proactive and would go to home owner direct. This will not work all the time but try it 10 times and you will find someone who will reduce a ton on the asking.

[@JackieBaker]

Hope that it works out for you

[@liotube7]

I honest to God don't see any price changes especially in New Jersey I'm not sure what you talking about The price is keep getting up even more

[@ralphpal]

That is jersey but also like everyehere Some are rising Some are falling

[@lookanabeauti9386]

50gs....hmmmmmm 450 thousand more to go

[@pgaven9396]

florida is a terrible place...the insurance alone is horrid.

[@SigFigNewton]

Supply and demand is forcing sellers to lower prices. Fixed your title

[@JackieBaker]

ok thanks for the suggestion🙄

[@SigFigNewton]

@@JackieBaker not gonna lie I do like alliteration

[@richardrodriguez-dj1xn]

That's what Greed does.Destruction.

[@dialecticalmonist3405]

Lol. No.

[@rentslave]

Vaccine pricing is coming.

[@woodyahh2110]

Bottom in 2 year’s

[@funwisely]

If BUYERS have no Capacity to BUY, No matter what is listing number or what is the price of house.

We need the bottom to fall out again like 2008

[@dialecticalmonist3405]

Being mad is not a strategy. Sticking your head out the window and saying "I'm mad as hell" is not a strategy. Running around breaking windows is not a strategy. Or at least, it's not YOUR strategy. It might be someone else's.

[@Saidoromo2024]

I'm mad as he'll I can't take anymore 😅😅😅

[@joeacquavella6548]

Once sellers see prices fall more sellers will start listing their homes!

[@huynguyentoantin]

If they can afford the 7% rate

[@tomhamilton9140]

Great news maybe people can afford a home even with Biden's inflation.

[@nopejhonson958]

Awesome slash it another 100,000 and it might actually be at value

[@alfredm1001]

Zeitgeist

[@sandorvarga.6982]

1:43 +.70/%%%

[@Aarrenrhonda3]

In the current economic climate, a home is not the best investment. I've already sold my Boca Grande area home, but I want to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?

[@Peterl4290]

The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.

[@larrypaul-cw9nk]

I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.

[@sabastinenoah]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@larrypaul-cw9nk]

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

[@sabastinenoah]

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

[@billredding2000]

In a way there are 2 categories of Sellers (as I see it in simple terms): 1. Those who have owned their homes for years and pretty much whatever price they set, even if reduced, will be way over what they paid back then, so they'll come out ahead $$-wise regardless of present conditions. 2. Those who "panic-bought" the last 2-3 years when prices were high (way over-valued/over-priced/inflated) and if THEY lower prices low enough to sell presently, they'll likely lose money. As for me (a Buyer), I'll most likely go for a new-build in a new community/subdivision (for several reasons), so will be dealing directly with a Builder (but using MY agent, not theirs)...so if the 2 groups above decide to sell or not won't have any huge impact on me, I just need Builders to step up and increase the supply that way vs. current home-owners selling and getting THOSE homes on the market -- which I really don't think they'll be doing for some time as long as interest rates stay high. -- BR

[@Travellind]

😮😮😮😮😮

[@ChessCat9]

Lot's of passion, lot's of talk, little evidence.

[@JackieBaker]

Thanks for watching

[@albertmarnell9976]

We own nothing in this life. Invest in mausoleums but keep one. Sell your white elephant!

[@funwisely]

Every UnSOLD house Worth $00.00 , rather say in negative value If the house cannot be changed into RENTAL property with high CASH Flow- insurance. Interest, mortgage maintainable cost & other charges eat the value of house, bringing overall negative in value.

[@huynguyentoantin]

It can be unsold because it is overpriced and not because it is unwanted

[@sandorvarga.6982]

/+.50.%

[@donaldsmith8864]

I get it. You don't wanna pay the price Im asking for my house. Ok, fine, don't buy it. keep waiting, maybe next year prices will go down, you say to yourself...maybe interest rates will go to near zero again. put down the pipe, quit drinking that kool aid...your only kidding yourself.

[@MansurLado]

I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

[@LUKEREY-yv2ce]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@LUKEREY-yv2ce]

Really how 😮I am a Christian mother as well

[@MansurLado]

It's Mrs Sonia Duke of course

[@MansurLado]

She's the best broker ever

[@mdshaibaz-fo9yp]

She is really a good investment advisor. I was privileged to attend some of her seminars, that's how I started my crypto investment

[@backrack01]

Your click bait titles are giving everyone ptsd.

[@patrickcoleman4039]

I'm about to list my home , I told my agent if I don't get what I want, what I think it's worth.. I will leave it empty... I would never drop a penny... I'm sick of people saying in my beach community that their's no affordable housing.. if that were true, there would be alot of empty homes... housing isn't a human right lazy people..LoL