Home Prices Are Starting To Plummet

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Real Estate Mindset

Real Estate Mindset

Күн бұрын

Home Prices Are Starting To Plummet
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Пікірлер: 294
@scottkutylowski327
@scottkutylowski327 2 ай бұрын
Purchased a new home in the suburbs of Columbia SC in March 2023. The same model as mine is now priced 30K less than 2023. New home builders have been quietly dropping prices.
@realestatemindset
@realestatemindset 2 ай бұрын
Thank you for the boots on the ground intel. There are still so many people that are confused. I really appreciate you mentioning what metros your reporting on also. 🤙
@EalDieguez
@EalDieguez 2 ай бұрын
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
@AliciaSalvadore
@AliciaSalvadore 2 ай бұрын
I was a stay at Home mom 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, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
@MarineMaester
@MarineMaester 2 ай бұрын
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
@EalDieguez
@EalDieguez 2 ай бұрын
I could really use some help here, as a meagre salary earner I need to try and earn more passive income
@EalDieguez
@EalDieguez 2 ай бұрын
​@@MarineMaester How can i reach this abby Joseph Cohen, if you don't mind me asking?
@MarineMaester
@MarineMaester 2 ай бұрын
​@@EalDieguez 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.
@mcut1217
@mcut1217 2 ай бұрын
Our parents had it better than us. My wife and I make 2x median income in our city and cannot get a decent house unless it is in the hood
@realestatemindset
@realestatemindset 2 ай бұрын
2x median you can still get ahead even if at this time buying a home is toxic
@raymond_sycamore
@raymond_sycamore 2 ай бұрын
move
@fabuloushostess6171
@fabuloushostess6171 2 ай бұрын
My parents were immigrants who bought their home 8 months after coming here barely speaking English. And here I am making six figures with 2 degrees being embarrassed 😂
@vivian7220
@vivian7220 2 ай бұрын
Same here! I have a PhD and my husband and I make 2.5x the median income of our town (Raleigh area) and buying a house here is just so unrealistic. It would clean us out financially, even for a small fixer starter home!! We are in apartments in our mid-30s. We will probably be in apartments for quite some time unless we move far away to somewhere affordable.
@SixteenVoice
@SixteenVoice 2 ай бұрын
The boomers crashed the future of the country.
@user-ms3ko5gn8e
@user-ms3ko5gn8e 2 ай бұрын
I agree it's not the interest rates ,it's the high house prices!
@dialecticalmonist3405
@dialecticalmonist3405 2 ай бұрын
Prices are not "high". The dollar is "low".
@bigd2256
@bigd2256 2 ай бұрын
The rates are pretty high and play a role.
@yepdontcarebud
@yepdontcarebud 2 ай бұрын
Stop saying this nonsense, it's both. The monthly payment is all the matters and those are each the biggest and equal factors. I could buy a house over well 400k with 4% interest. With 7% interest I can barely afford 300k.
@dialecticalmonist3405
@dialecticalmonist3405 2 ай бұрын
@@yepdontcarebud So buy a 200k house then.
@SuperEH2393
@SuperEH2393 2 ай бұрын
Home prices arent just starting to plummet. The home prices are correcting down 20 to 40% to what they were originally were worth. Homes for the longest time were something that went up in value over a long period of time(10 to 20 years of time). THEY WERE NOT TO GO UP 20-40% IN THE SPAN OF 5 YEARS. STARTING FROM 2019 TO 2024. This is the truth. Look at the prices on zillow, realtor and remax. They all post what the homes were worth 10 to 15 years ago. Homes are CORRECTING back to what they were worth. The homes were in a housing bubble. Everyone was not buying the homes because the homes were overpriced and priced out the average 70k earner. 70k back in 2017 could afford a decent looking home. I was in the market back then. We finally were able to catch a break. Finally after 5 years man. It's fucking crazy how everyone was priced out for 5 years. Everyone Hold and don't buy homes if possible. Save up currently while renting so once the market corrects it self down to reasonable numbers we can go for the home we want. Good luck men.
@John1908-vo1iv
@John1908-vo1iv 2 ай бұрын
Correct. But we still see plenty of delusional sellers and realtors thinking is still 2022 and they can get top dollars for old junk homes that still need work.
@dash12cam
@dash12cam 2 ай бұрын
I think the opportunity window will be small, once the Fed gets their their low to negative inflation rate they will lower interest rate fairly quick, it seems incorrect to call this an 07 financial crisis but yeah..
@jc1979af
@jc1979af 2 ай бұрын
In an alternate timeline, Americans said "no" to the lockdows and Fauci was fired. In this timeline housing remained affordable in the early 2020 with modest 2-3% yearly increases.
@familyg7
@familyg7 2 ай бұрын
facts!
@dialecticalmonist3405
@dialecticalmonist3405 2 ай бұрын
This is not a housing bubble. This is an inflation spike. Housing, cars, food. None of them will "correct" much, because "correct" has no meaning when fiat is dying.
@Ultrajamz
@Ultrajamz 2 ай бұрын
Inventory going up in dfw… now they just need to sit a bit so the property tax burns a hole in the seller’s patience.
@EDJ1984
@EDJ1984 2 ай бұрын
We all love you too, Travis. Thanks for whatyou'redoing. And just hold on a little bit more. It is coming Travis it's coming. Cheers buddy.
@bkynchic
@bkynchic 2 ай бұрын
Im not surprised by Chicago! I live in northwest Indiana and our home prices are insane due to Illinois people buying homes here and overpaying for the house's here!
@Bridin84
@Bridin84 2 ай бұрын
Perfect time to buy an overpriced house guys! No crash coming. Everyone is doing well. No better time than now!🎉🎉🎉
@realestatemindset
@realestatemindset 2 ай бұрын
LOL you legit made me laugh. I love it.
@wxieqdsiwevbks
@wxieqdsiwevbks 2 ай бұрын
😭😭😭😭🤭🤭🤭🤭
@brandoninhofer6592
@brandoninhofer6592 2 ай бұрын
Joe Potato beat Medicare, FJB 2024.
@dialecticalmonist3405
@dialecticalmonist3405 2 ай бұрын
If the "crash" is hyperinflation, does that count as a crash?
@cameronjenkins5304
@cameronjenkins5304 2 ай бұрын
JohnniFly?
@quixomega
@quixomega 2 ай бұрын
I'm glad you found somewhere safe to live. Mold is no joke.
@michaellalanae7228
@michaellalanae7228 2 ай бұрын
I started out in the business building homes for families at 60k a home , now those same homes are selling for 400k . either those families have been doing something right or they were forced to move to somewhere cheaper , I drive by the neighborhood and wonder.
@josesupra
@josesupra 2 ай бұрын
Bro I got scared and thought you were done recording all together before you finished the sentence lol
@infocision777
@infocision777 2 ай бұрын
Considering the extreme manipulated over valuation of homes in the past 2 decades, prices are just coming back to their actual realistic value.
@raymond_sycamore
@raymond_sycamore 2 ай бұрын
Buyers gone! Nobody is even looking
@robertburns576
@robertburns576 2 ай бұрын
Not the case here in metro Detroit, at least in the suburbs with decent school districts. Guy at our church put his house up for sale, accepted an offer the next day.
@raymond_sycamore
@raymond_sycamore 2 ай бұрын
@@robertburns576 Were the cabinets and trim white? That was the big complaint my realtor had about mine... I painted them brown
@david_lawrence_h2703
@david_lawrence_h2703 2 ай бұрын
So the 2 million homes in my neighbors that go pending in a week is a mirage? Lots of buyers and someone has still has money.
@LL-qj5vg
@LL-qj5vg 2 ай бұрын
the rich are buying
@corylynnvlogs
@corylynnvlogs 2 ай бұрын
I'm seeing prices drop here too now! Some are still priced super high..but I've noticed a decline.
@grlfromtx09
@grlfromtx09 2 ай бұрын
agree with Austin. house prices still have a way to go.
@cameronjenkins5304
@cameronjenkins5304 2 ай бұрын
I would have thought no mid west cities would be on the list. This thing is accelerating fast, real fast!
@barttracy88
@barttracy88 2 ай бұрын
You are correct! Skewed numbers for everything tons of miss information on everything everywhere!
@nielsonlars
@nielsonlars 2 ай бұрын
Home prices aren't plummeting unless you bought in a zoom town. They aren't going up as fast, but they are still going up. I bought my primary in June 2020 in Oregon when everyone said the world is coming to the end. I also bought my 1st rental in 10 years in 2023 which cash flows and has gone up in value. Bottom line buy and hold cash flowing rental properties and you are good
@tonysfarks5070
@tonysfarks5070 2 ай бұрын
I’m from vegas, first time buyer can’t and won’t over pay!! So happy to see we made the list. Basically homeownership in Vegas is a no go!!!!
@reggiejenkins6458
@reggiejenkins6458 2 ай бұрын
Things are still incredibly rock solid with very few homes available around Hartford CT.
@glennsullivan1970
@glennsullivan1970 2 ай бұрын
I am in the Farmington valley and you aren’t kidding it’s absolutely insane
@Laketexomaliving
@Laketexomaliving 2 ай бұрын
Movin on up!! Cmon weezay!!!
@discreteentropy
@discreteentropy 2 ай бұрын
Inventory in Vegas down 44% year-over-year. What is going to create the demand shock large enough to offset such a lack of inventory? It’d have to be a pretty severe economic decline/recession.
@CAM-wk3dj
@CAM-wk3dj 2 ай бұрын
We will also need to consider the process of financing a home with the insurance dilemma homes may have to be sold damaged versus without defect. What? That’s definitely something we need to look at down the road as well.
@chrisarp4111
@chrisarp4111 2 ай бұрын
What do all of these places have in common? It’s not remote working. The migration of the people moving out of these areas are driving prices up everywhere else.
@MavRick69
@MavRick69 2 ай бұрын
Sales are slowing, but pent up demand is building and throbbing as more people pile up on the sidelines. When rates drop, with increased supply and lower prices. Sidelined buyers will be released on the market in a frenzy to acquire a home. It will be an off the chain mess. Most will fail due to lack of supply. Absolutely Bonkers.
@realestatemindset
@realestatemindset 2 ай бұрын
Mav, consider the fact that in my market, new home rates have been low 4s fixed for over 2 years, and the supply is still skyrocketing. BUT there will be both buyers and sellers who in some way flood the market. There has always and I mean always, been "buyers on the sidelines." My job used to be helping people off the sidelines and into homes. Having said all that you already know I'd buy today if I can find a home with 30/35% Wedge, cash flow and that I love.
@jorgecasamiquela1186
@jorgecasamiquela1186 2 ай бұрын
Totally Bonkers Brother 😮
@danidaydreaming919
@danidaydreaming919 2 ай бұрын
Waiting for houses in Punta Gorda Florida to go down, they have doubled since 2022!!
@Spirit-FilledMindset
@Spirit-FilledMindset 2 ай бұрын
Basically same in Seattle area. It is insane. Something will have to give at some point and then its crash time and we can take advantage of it.
@danidaydreaming919
@danidaydreaming919 2 ай бұрын
@@Spirit-FilledMindset Yes!! Waiting patiently. Houses are so overvalued it's "BONKERS"
@HulaShack1
@HulaShack1 2 ай бұрын
Acting like a vulture is not a good idea because that means you can't afford to live in Florida. Don't risk that. If anything goes wrong, you will not be able to repair your home, buy a new roof,etc. Our home was destroyed from hurricane Ian and to give you an idea, it cost me 25K just to have the garbage, debris removed from my property. Insurance will not pay for that. Neighbors homes that were destroyed ended up in my yard and under my home and I had to pay to remove it. We had about 400K in damage and none of my policies want to pay. We have a lawyer but in the meanwile, we are paying for everything ourselves awe are not holding our breath with the lawyer. They take 50% plus expenses. Waiting for homes to drop to the price you can afford is never a good idea because that means you cannot afford to live here. Don't risk it and Punta Gorda does get hit and yet they do get the surge. Move somewhere that you can afford.
@danidaydreaming919
@danidaydreaming919 2 ай бұрын
@@HulaShack1 Hi, the housing market is in a bubble right now, as it has been many times in the past. Waiting for prices to come back to normal is NOT being a vulture, it's being practical. I have been through 2 category 5 hurricanes and hurricane Ian completely destroyed the area. The market is BONKERS as travis would say. I make six figures actually can afford it, i just do not want to get ripped off. Thanks for your input, you can always move the desert as they don't have hurricanes.
@mattzun6779
@mattzun6779 2 ай бұрын
I'm surprised about Austin and Washington. I really thought that Austin could sustain silly prices with all of the refugees from CA and DC doesn't ever seem to be affected by economic downturns.
@DJR5280
@DJR5280 2 ай бұрын
I was hoping Phoenix would be on the list
@pepperonipizza7633
@pepperonipizza7633 2 ай бұрын
That list is bonkers just like Travis 😂
@theleadbull4098
@theleadbull4098 2 ай бұрын
Hey Travis, Can you do a video for SoCal; Orange County, Riverside county, San Bernardino county, LA county etc... especially Orange County. You know the area very well. My concern is prices are very high, and the market seems still strong, I don't know why!!!
@user-pl6xj8hc1d
@user-pl6xj8hc1d 2 ай бұрын
So funny that the people in Seattle think that their prices are only gonna drop that much.This year, it is going to drop much more than 10%^Pepole have not had the amount purchasing power to buy homes for years.?All the problems like high interest rates the wrighter forgot to mention that home prices is the biggest problem.Home prices are way too high.Way too high.Why do you think there are erasing home price history's
@nbidwell1977
@nbidwell1977 2 ай бұрын
Problem is the demand is always high and the inventory is low in Seattle…
@BDUBB24
@BDUBB24 2 ай бұрын
Travis, did you see the article regarding all of the ARM’s about to adjust substantially?
@suburbankaren5137
@suburbankaren5137 2 ай бұрын
😱😱😱😱😱
@LockedUpLarry
@LockedUpLarry 2 ай бұрын
Every year a 5-year Arm rolls over. Same for 7,10, etc. the next 24 months will see like 250k folks getting a HUGE (Donald Trump voice) mortgage increase. Crazy. Hold on folks
@yepdontcarebud
@yepdontcarebud 2 ай бұрын
​@@LockedUpLarryit's pronounced "YUGE"
@jaynawilliams8923
@jaynawilliams8923 2 ай бұрын
I'm not even thinking about thinking about thinking about buying a house. Gold is the New Real Estate. 🤑
@markphillips9822
@markphillips9822 2 ай бұрын
I 100 percent agree.
@briangorham7797
@briangorham7797 2 ай бұрын
😂😂😂
@petergodfrey4783
@petergodfrey4783 2 ай бұрын
Why is sea level only rising in Miami? Jesus.
@wxieqdsiwevbks
@wxieqdsiwevbks 2 ай бұрын
There should be way more cities listed especially states with so much vacant lots
@realestatemindset
@realestatemindset 2 ай бұрын
Surprising list here
@kosmiccandie
@kosmiccandie 2 ай бұрын
We just put our house on the Market in California and our offers are over asking.
@letsgobrandon911
@letsgobrandon911 2 ай бұрын
Phoenix should have been on the list, inventory is skyrocketing especially in Surprise.
@realestatemindset
@realestatemindset 2 ай бұрын
Surprise AZ is going to be a hot spot for foreclosure IMO 💯
@Savvygal
@Savvygal 2 ай бұрын
​@realestatemindset boomers are not at risk of foreclosure. That's mostly older population.
@Bryan-yq9pz
@Bryan-yq9pz 2 ай бұрын
I feel the Love Travis, Thanks for all you do.
@yavor19121
@yavor19121 2 ай бұрын
We Finally Beat Medicare Travis.
@statesoftheunited7049
@statesoftheunited7049 2 ай бұрын
The politically correct term is we finally beat Medicare to death
@HulaShack1
@HulaShack1 2 ай бұрын
LOL I wonder how many people that your post went right over their tiny little heads. LOL
@bobtrammel3277
@bobtrammel3277 2 ай бұрын
Comments about Boise were 100% accurate. Housing is only affordable for people from out of state.
@11candy11
@11candy11 2 ай бұрын
Phoenix is plummeting.
@randallelkin4924
@randallelkin4924 2 ай бұрын
Cluster homes in Gilbert are at 2021 prices and falling
@Savvygal
@Savvygal 2 ай бұрын
These new developments are not lowering prices at all! I just looked at a condo at Encenterra in QC. Nice place! Barney Farms in QC is not lowering prices. QC is a hot area. ​@@randallelkin4924
@mattzun6779
@mattzun6779 2 ай бұрын
@@randallelkin4924 They need to get back to 2019 prices to be worth considering If this is a normal Phoenix bust cycle, they will drop further than that. Rents are also returning to reality
@wespotter6985
@wespotter6985 2 ай бұрын
The three south east florida counties are still booming. People are still buying and prices are staying high.
@mg-by7uu
@mg-by7uu 2 ай бұрын
If houses are priced right they're still selling. But most want double or triple the 2019 price, and very few are finding suckers that will pay that
@irfaankalamadeen9823
@irfaankalamadeen9823 2 ай бұрын
Just read an article about Air France not selling any seats for the first Paris Olypmics in over a century. Zero demand. This is a global recession and will grind lower and lower for the rest of this decade. So I agree with you Travis this will be worse than the GFC because there wasnt a global recession in 2008 and China and others piled into us assets at lower prices and helped it recover. Thers no help coming this time.
@sseraj2898
@sseraj2898 2 ай бұрын
I sure hope your predictions are correct because where I’m in IL I see no correction as of yet. We have been waiting for past 3 yrs and let’s see what happens next year. Because currently in il specifically in Naperville wheaton it’s crazy 🤪
@Thehappyet
@Thehappyet 2 ай бұрын
Will you do a video on Realpage, the software landlords are using to try and keep rents as artificially high as possible?
@tonivida9649
@tonivida9649 2 ай бұрын
Click bait. Home prices only going up in north east America (tri-state).
@david_lawrence_h2703
@david_lawrence_h2703 2 ай бұрын
agree. lots are areas of the US that contradict the title of this video.
@realestatemindset
@realestatemindset 2 ай бұрын
Until they don't
@BigDawgRG3
@BigDawgRG3 2 ай бұрын
New home prices in Southern California haven't moved downward at all. Some builders are still increasing prices(although by smaller increments). I find it hard to see the light at the end of this tunnel.
@agentcrypto7741
@agentcrypto7741 2 ай бұрын
Yeahhh it’s gonna take awhile. I still see closed sales over asking price sometimes on perfect located/staged houses. It’ll be awhile b4 those recent buyers become distressed.
@minhta7540
@minhta7540 2 ай бұрын
Corporations and foreigners are buying it all. That’s why.
@mikem4432
@mikem4432 2 ай бұрын
they are starting to hit the PANIC button that is SELL SELL SELL SELL or see the price PLUMET TO LESS THAN HALF LATER NEXT YEAR
@Nickpalma5778
@Nickpalma5778 2 ай бұрын
I disagree with the timing, there will be a major correction of the market by the end of 2025 and beginning of 2026 , from -10% all the way to -30% on some areas with more inventory.
@resnonverba3351
@resnonverba3351 2 ай бұрын
Where did you get the crystal ball?
@l.c.3150
@l.c.3150 2 ай бұрын
Home prices need to drop more than 5-10% to be affordable.
@erice1736
@erice1736 2 ай бұрын
Is black stone 🪨 still buying?
@emilo81
@emilo81 2 ай бұрын
Wrong...prices are still record high and demand in strong.
@gravity-zero2917
@gravity-zero2917 2 ай бұрын
Bought a home 2 yrs ago, I plan to live there for life. If housing tanks hope property tax tanks when reacess and get some $$ back/pay lower tax.
@sound4mation
@sound4mation 2 ай бұрын
Within the past two weeks there has been three homes in my area that look like they were investor flips that were started and never completed. The insides are all completely torn down and unlivable. lol but they are all way overpriced still. Good luck chasing the market all the way to bottom
@thumbsup9208
@thumbsup9208 2 ай бұрын
My best wishes and God bless you
@ryancross8136
@ryancross8136 2 ай бұрын
So is all of our incomes 😢
@SirCarlosMusicBMI
@SirCarlosMusicBMI 2 ай бұрын
Bye Bye old faithful Studio 😢And hello new Studio 👍 I really liked today’s video. Thank you Uncle Travis. BONKERS 💥💥❗️❗️ Blessings,Carlos ✝️🙏❤️😊🇺🇸
@adamcarlesco1650
@adamcarlesco1650 2 ай бұрын
Washington DC is absolutely dropping. People have been asking unreal prices for residences in horrendous shape and they're just sitting on the market for months and months. Add to that, DC lost 30k people since 2020 and they've also seen a surge in new residential construction in the city (mostly condos and apartments), so there just is no way that it can sustain at those prices. Even folks making in the top 10% of national household incomes are having a hard time buying in DC currently, so something will have to break.
@anthonyhuffman1311
@anthonyhuffman1311 2 ай бұрын
I'm surprised no Phoenix areas were in the top 10 😮
@joserivera7349
@joserivera7349 2 ай бұрын
Home prices vary according to location. Most houses in Miami Kendall are being bought in large numbers. Prices in Miami have not come down yet. Most people do not know the stock market has not collapsed because the government keeps printing money. The stock market is being kept up buy the 7 biggest companies like Nvidia, Microsoft etc.
@happyhealthyhuman
@happyhealthyhuman 2 ай бұрын
im on a board and we have a quarterly meeting with the financial planner and when he shows the stock market gains and the stats like 90% of the gains are bc 7 companies and the 7 companies are all fake tech stuff. its wild what we value and believe-in en mass. we are funding our destruction with stock market greed
@jessdedication
@jessdedication 2 ай бұрын
Finally I’m one of the first! Please review Los Angeles area❤❤❤❤❤
@CAM-wk3dj
@CAM-wk3dj 2 ай бұрын
Because property tax and Insurance are beginning and will continue to skyrocket…
@ArizonaAirspace
@ArizonaAirspace 2 ай бұрын
AZ was left out. I think price will drop significantly in Az near the end of this year continuing on to 2025.
@realestatemindset
@realestatemindset 2 ай бұрын
Surprise Arizona FTW
@laladeylaya6738
@laladeylaya6738 2 ай бұрын
Yes I was like I don’t really care about the interest rate because of course I’m planning on paying the house off sooner than five years but it’s the price of the house it’s that we need to look at not so much the interest-rate the price of the house I had a house I had an appraisal done at a house I’m buying at 167 five and the asking price for 159 nine I did an offer for 157. They t accepted I’m later after viewing what’s happening I went on the market and found that the houses were being brought on the listings at a reasonable price so I went back to the sellers and said I’m not going to do the 157 I’ll do 150 even though we agreed on 157 I won’t do that deal I’ll do 150 with you paying 2500 toward the closing cost Rather than 3000 towards closing cost so they took the deal at 1:50 and $2500 toward closing don’t give in if you feel the house is worth less then you put in an accepted offer for …. Still go back go back and negotiate. That’s what I did
@marymagnuson5191
@marymagnuson5191 2 ай бұрын
Maine hasn’t gotten the message yet - buyers mostly from out of state. Most inventory is very expensive or mobile homes - nothing modest - go figure.
@sowek4576
@sowek4576 2 ай бұрын
You've been saying the same thing for over a year.... "Prices are plummeting"
@inphatec
@inphatec 2 ай бұрын
Absolutely Bonkers!
@123chargeit
@123chargeit 2 ай бұрын
Just saw a 950 square foot house sell for 350k outside Asheville, NC. Apparently my market hasn't gotten the message.
@wasabiginger6993
@wasabiginger6993 2 ай бұрын
No plummeting in Hawai'i!
@Savvygal
@Savvygal 2 ай бұрын
CA is to blame for this mess. They think theyre in a candy store buying elsewhere.
@1ambrose100
@1ambrose100 2 ай бұрын
No shock with several of those cities: crime and general lawlessness.
@fabuloushostess6171
@fabuloushostess6171 2 ай бұрын
Michael Zuber said yesterday you'd make this video, and sure enough, I wake up this morning and see you did. The youtube world is craaazy...😂
@realestatemindset
@realestatemindset 2 ай бұрын
That girl is obsessed with me. In all fairness, I recorded this 5 days ago ish. 😅. I've been slammed in the last 2 weeks with life events. Had to pre-record to get through it. Even as I'm typing this, I'm slightly laid out from having a minor medical procedure. Life is crazy.
@zbxck12345
@zbxck12345 2 ай бұрын
Emmm las vegas starter home is still strong anything below 450k is gone quick . Thats my observation
@gypsy1962
@gypsy1962 Ай бұрын
50% to 80% DROP in two years as the DEPRESSION sets in. 😂
@youtubecarspottersguide1
@youtubecarspottersguide1 2 ай бұрын
av sale price homes dropping , how much will the lower luxury prices and ultra high end $2,,000,000 plus drop ?
@ajra6914
@ajra6914 2 ай бұрын
oh when the trump comes marching in,.,.,.., wheeen tha trump comes marchin in...oooh tha hooousing might be plenty when tha trump comes marchin in..............An all tha reg's start pealin off when tha reg's start pealin off ..oooh ya know tha song sings softly.............. WHEN ,,,tHA tRUMPPPP. cOMES marchinnnnn ....innnnnnnnnn
@El_Soldado_619
@El_Soldado_619 2 ай бұрын
I hope you win too Travis! Blessings!
@mg-by7uu
@mg-by7uu 2 ай бұрын
House prices never went up. The dollar went down. Will the dollar regain the 50% in value it lost? Not likely. But will the markets that doubled in sale price keep their value? Also not likely
@resnonverba3351
@resnonverba3351 2 ай бұрын
If that was the case your salary would have doubled. Sorry sir, this is pure hysteria and it will end.
@mg-by7uu
@mg-by7uu 2 ай бұрын
@@resnonverba3351 I hope you're right, but I think the gov will print another 10 trillion soon and prove you wrong
@Savvygal
@Savvygal 2 ай бұрын
Tri-Cities, WA is a hot market. We are going there to look for a custom build.
@timeforachange-i3s
@timeforachange-i3s 2 ай бұрын
Homes are coming on the market at an alarming rate. In a 65 townhome subdivision six homes are now for sale in a Metro Atlanta County. Basically 10% of the townhomes are were put up to sell in the last four weeks. The investors in Metro Atlanta, and everyone in Atlanta thinks they are a real estate mogul, are like rats on a sinking ship. The investors in this complex are bailing because rents are declining, property taxes are up $1,000 and the county is proposing an additional 9% tax increase for 2024 taxes. The investors can't make ends meet and now they are selling as fast as they can.
@donaldsmith8864
@donaldsmith8864 2 ай бұрын
no they are not.
@realestatemindset
@realestatemindset 2 ай бұрын
Yes they are
@samgreer8596
@samgreer8596 2 ай бұрын
LOL. Rising sea levels. Too funny.
@user-qb8qm4mp5n
@user-qb8qm4mp5n 2 ай бұрын
The carnage is going to be brutal.
@jmazarie82
@jmazarie82 2 ай бұрын
ive seen it where i live. in the midwest. most houses have price cuts. still some house at 400k or below will take make two weeks. but definitely there are price going on.
@chefbyardee1791
@chefbyardee1791 2 ай бұрын
What family friendly and cost effective metro would you recommend in Texas?? Waiting for now but just curious. Always enjoyed Dallas. Thanks
@avidwaterfowler7522
@avidwaterfowler7522 2 ай бұрын
Not in the Lehigh valley located in eastern PA. Homes still selling quick and many over asking.
@Spirit-FilledMindset
@Spirit-FilledMindset 2 ай бұрын
Seattle and the surrounding area is just nuts. I do see some housing prices starting to come down, but its still insane. It needs to drop by 50% at least to be reasonable. I paid off my condo that I bought in 2010 within 8 years and have just been saving for a house. I'm still waiting for the deals we will see coming up when the crash actually happens.
@david_lawrence_h2703
@david_lawrence_h2703 2 ай бұрын
If a crash comes, hopefully you aren't dependent on selling your condo.
@nbidwell1977
@nbidwell1977 2 ай бұрын
Supply is still low and demand is still high… until that changes I don’t see any big price drops happening
@joemama-tn7zl
@joemama-tn7zl 2 ай бұрын
You earned it young man!
@DjTirox
@DjTirox 2 ай бұрын
Erase or relisted? I have seen a lot of relisted properties but not deletion of data. Do you have proof?
@Romeo-hb9lr
@Romeo-hb9lr 2 ай бұрын
Was really hoping Atlanta-sandy springs was on there😮‍💨
@CrazyTony65
@CrazyTony65 2 ай бұрын
Here's the thing about St. Louis, it's a tiny, mainly business district city (two wealthy areas, the rest poor city living, a lot of squaller), surrounded by a large and wealthy county (except north STL county and other parts bordering or close to the city). This would be the STL metro area, the greater metro area includes places like where I live, St. Charles Co. and parts of other counties. I'm just saying, be careful of what your info is calling St. Louis.
@jscotthamilton5809
@jscotthamilton5809 2 ай бұрын
My dad's family lived in Saint Louis back in the 70s. I remember it when Busch was still headquartered there. From what my brothers told me, our grandparents place is now the hood. And the crime statistics are getting much worse. It seems like Saint Louis is turning into Detroit for all the wrong reasons.
@John1908-vo1iv
@John1908-vo1iv 2 ай бұрын
Prices are going higher in the Saint Louis area, not lower. Midwest is very unaffordable right now. The only ones that are cutting prices are the ones relocating, or the homes are almost at tear down level.
@Justin_vesting
@Justin_vesting 2 ай бұрын
My guy please don’t click bait with the title that’s cringy. Theres very few areas in the country with “plummeting” prices. Only in overbuilt areas. Northeast, particularly Rhode Island, still rising, largest percentage rise year over year in the country, not going to decline at all
@HulaShack1
@HulaShack1 2 ай бұрын
There is a guy in Florida whose channel is Reventure and he is like a filthy ambulance chaser. Always acting like the builders are abandoning builds meawhile he is there filming on Sunday when the workers are all off. I hate clickbait. It does a dis-service to everyone.
@Justin_vesting
@Justin_vesting 2 ай бұрын
@@HulaShack1 I know his channel, and I agree.
@LAObserver2023
@LAObserver2023 Ай бұрын
Why are you showing a video from around 2009. 30% decline?
@xekis
@xekis 2 ай бұрын
Guessing...Austin, Boise, Miami. Other places in Texas, Idaho, and Florida
@JimRohn-u8c
@JimRohn-u8c 2 ай бұрын
Mostly Florida from what I’ve seen and some places in Colorado surprisingly.
@xekis
@xekis 2 ай бұрын
Looks like my guesses were okay. I'm surprised by SF, NY, and Chicago predictions of coming down when they are running out of space to put people.
@realestatemindset
@realestatemindset 2 ай бұрын
Good guesses
@kathleenepugh9495
@kathleenepugh9495 2 ай бұрын
​@realestatemindset Okay, I wanna guess too....Houston, Sugar Land, Katy, Humble...any of those? Do renters have any hope in these areas as well?
@DarthWaffle.
@DarthWaffle. 2 ай бұрын
I made it till 2:47. Just babble. Good luck to the rest of you
@Steverz32
@Steverz32 2 ай бұрын
ABSOLUTELY BONKERS 👍
@realestatemindset
@realestatemindset 2 ай бұрын
Steve!?!?! Let's get BONKERS
@ronpagala7496
@ronpagala7496 2 ай бұрын
Sell high Buy higher
@roxiegimenez9298
@roxiegimenez9298 2 ай бұрын
Travis did I hear you right? Are you leaving Realistate Mindset on KZbin?
@realestatemindset
@realestatemindset 2 ай бұрын
No, that is not correct
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