Housing Market Predictions for 2025

[@BaileyJames-zv2ddd]

I just discovered your channel through this video. Case studies are extremely beneficial and I hope to see more in the future! Creating wealth includes developing habits, such as setting aside money on a regular basis for smart investments.

[@LouisMorganxb3]

Yes, I do currently practice modest living and prudent money management. My investments have increased by 43% over the past 19 months. But I'm nervous because I've lost money in the last month. I can't decide if I should sell everything now or wait.

[@AlexClarkcompany]

It's important to speak with a financial counselor prior to making any decisions on investments.

[@OscarOwenn]

Yes true, I learnt that in 2023, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $98k every month so I’ve been sticking to investing via an Advisor.

[@BaileyJames-zv2ddd]

I'm new to this space and i've been getting suggestions to use one for a while, how can i find a decent one like the one you use?

[@OscarOwenn]

Leah Foster Alderman is the licensed advisor I use. Just search the name. You’d find necessary details on the web to set up an appointment.

[@billyboy8772]

Bought my house for $1.87m in Yorba Linda, CA (Orange County) in July 2022. It's estimated at $2.35m in July 2024

[@SailorDoc]

Good luck actually selling at that price. Zestimate is a joke.

[@VelmaTheID]

Awesome! That's precisely the way it is supposed to work.

[@ivyroses4380]

@@VelmaTheID No that is not how its supposed to be.. no..

[@ErnieBert-eg8kd]

@@SailorDocwhy would he sell? Houses aren’t stocks they are to be lived in. This is only something a broke person would say. Simmer down renter

[@gingerjones111]

Estimates are just guesses. Have you found a buyer who agrees to that higher price?

[@Only_One_Diamond15]

As a buyer and a seller, we are all frustrated. The fees that we have to pay on both sides are absolutely ridiculous. It just makes no freaking sense to me. I don’t even know how it’s allowed. I literally bought a house last August and then I turned around and sold that house in July of this year and the amount of money that I paid on both sides is absolutely ridiculous. Something has to change.

[@MrHeat1up]

I absolutely hate it when they use inventory as the excuse for home prices. This is not supply and demand. This is market manipulation in the worst form. REIF are everywhere, not just the large funds like Blackrock but the small ones as well. Buying a home all cash above asking price, has investor written all over it. And that my friend will increase the value on the whole market. See anyone can pull up a map on any home buying app and see hundreds if not thousands of homes for sell. It's not a shortage. It's also fear mongering to buy a house before they all run out.

[@jupitereye4322]

What do you mean by "not supply and demand issue"? It absolutely is. It isn't the only factor of course but if we have this population growth and the construction is NOT matching that growth then it's a shortage. Considering a small portion of the population owns few homes this means a larger portion won't have homes and be renters for life at best. In my opinion, Canada should incentivize the growth of smaller cities, not jam everything into 3-4 largest cities. Also, cut bureaucracy, which is the main drag force for unaffordability. Our CRA employs 60.000 people in a 46 million population, meanwhile, the IRS in the USA employs 120.000 of 330 million and God knows how many times more companies and corporations than Canada. Germany has 18.000 employees in the taxation departments and they have over 80 million people. You want prices to come down, then bring up productivity, shrink the government, shrink taxation, increase the number of house constructions, and bring some new real work and real innovations.

[@derekmazer6496]

The biggest issue with the housing market is not low inventory... the inventory is low because investment firms are purchasing large swaths of new home construction, who can pay cash, which prevents the single family from competing. This is the PRIMARY issue with the current market. Rising interest rates, rising costs of insurance, and rising property taxes (due to inflated housing costs) will keep the majority of Americans from being able to purchase a home. This is unsustainable. The market has to reset. If it doesn't the whole system will crash and anyone who purchased at these inflated rates will loose everything. This doesn't take a rocket scientist to see the writing on the wall.

[@derekmazer6496]

Also, to add... with these companies owning millions of homes, they are inflating the costs of rent (ripping of the public), as they can set the price in a given area where they own hundreds of homes. Others in the area see what they charge and do likewise. This is also unsustainable and is why there are so many homeless all over the country. This also has to reset to where it's cheaper to rent than own (as it used to be). As it sits now, rent is almost the same or higher in some areas, then a mortgage payment. Thats ridiculous. The system needs to reset/crash. The American Dream is currently unattainable for the majority.

[@ErnieBert-eg8kd]

There are more factors at play. I want to move. I bought my house in 2010 for 187k when I was a single guy and I was only making 50k a year. I’m married now. I’m making almost 200k and my wife makes about the same. We could easily afford a 7k a month mortgage but we don’t want to pay that. Our current mortgage is a 2.3 15 year loan with 12 years left to pay. Mortgage payment is only 600$. We are just saving around 10k a month. We may buy if rates come down if not we will keep saving and maybe purchase a cape house cash.

[@fixitright9709]

You're 100% right! Upper middle class Homes are becoming more available here in Florida And are the ones that the majority of the working class cannot Afford, 28% of the Available homes in North East Florida Are owned by corporations, My daughter who is currently looking for a home her first time has found that half the homes under 300,000 have no actual owner so they are Corporate owned, This is also where Immigration is settling, These home for once some 20 years ago middle-class neighborhood now they're at the bottom of the lower middle class and the values have literally doubled since before the pandemic. This whole thing is rigged by the ruling class.

[@Hotshot24-7]

I don’t care about rate knock down prices!

[@DeshaunTellez]

@@Hotshot24-7 With mortgage amortization, every percent practically doubles your repayment amount. For a 3% rate, If you borrow $330K you pay back $1mil. For a 7% rate, if you borrow $330K you pay back $2mil. If you can pay cash in full, a savvy agent can assist you in finding a great deal.

[@miriamseidel8463]

I just noticed... the word inventory... is "INVENTED" question is WHO is doing the inventing???

[@raymondarchuleta2514]

Buyers need to pay their commission for their agent and sellers need to pay commission to their agents. The question is how much? I’m not going to pay anyone 7%.

[@deannacapps84]

I purchased my home for 314k in 2016. We had a 3.5% intrest rate. Right before the pandemic hit in 2020 we refinanced to get a 2.25% intrest rate. It lowered our payment 300 a month. We thought that would give us some cusion for the inevitable inflation. We want to refinance to pull equity to make our home a little nicer and get new windows. (A much needed upgrade for our 1962 home). When do you recommend we do that? The market is horrible and we don't want a 400k loan at 7%. The monthly payment is higher than we are comfortable with. Should we wait for a market crash? Or just save and pay cash for any projects? I don't think we will ever get 2.25% again.

[@raymondarchuleta2514]

Concerning inventory,,,what’s to say all inventory is not accurate or actually is not being reported so they still keep prices inflated,a fake inflated market? Or the seller just decided to pull out of listing till they get what they want.In 1982 I was in Colorado when Storage Tech went under and all of a sudden I had 500 homes around me for sale,the price of my home dropped 1000 dollars a month and finally I got an investor to buy the house.

[@nadiasews]

thank you for all the knowledge and insight!

[@johnniejacobs3199]

Totally agree about the dual agent. I've been through that twice. I didn't trust the first situation at ALL. The 2nd one I trusted more, but I think she just wasn't as critical on the house I bought where she was the agent than she was when were went through other realtors houses where she was eyeballing all types of concerns. That said, I still love my little house. I would hate the buyers agreement. It took me 3 realtors to find the one that had the best contacts, new the market, and I felt the most comfortable with that she wasn't trying to just get a large chunk more of money. The first 2 just weren't eye to eye with me, one was always trying to show me more expensive houses. This was got an attitude when I pulled out of a deal because of all the issues with the house versus the price.

[@hax3044]

Love your style... subbed!

[@Found-it-there]

I don’t agree with needing a buyer’s agent. I once bought a property for sale by owner. The title office did all the legal work.

[@gingerjones111]

Same here. Don't need an attorney, the contracts are all standard and available online. I personally have no need for agents. After buying over 3 homes and after 20 years of home ownership, you no longer need the hand holding of an agent.

[@raymondarchuleta2514]

I do have a question,,,,so if the housing market crashes and no one can sell their houses and the properties lose value,do our property tax go down also? Historically when when houses go down in value Interest rates go up and when Houses go up in value Interest rates go down.Is this going to happen?

[@miriamseidel8463]

Not unless you are pro-active and appeal your tax bill every year, showing Comps that are less than what they show.

[@Tri-valleyrealtor]

Here in East Bay house prices have gone up by 40% just in last 3years.

[@kristycullen8287]

Hello from AZ

[@EveNelson-Barry]

New Jersey....any surprise this lawsuit makes no sense!

[@Only_One_Diamond15]

I feel that everything an agent does should be under a microscope and more lawsuits need to come out so that a lot of these agents put the needs of the client before their own. I’ve had great experiences with agents that put me first and I’ve also had bad experiences were agents were, completely all about the commission after the deal was completed. You are absolutely correct Jackie. It is the bad agents out there that are all in it for the money only that have ruined it for the good ones.

[@phx4closureman]

*WHERE'S THE MONDAY NIGHT MUSIC??????*

[@snarkysib8937]

It would be nice to hear more from the guest. If you don’t let them finish a thought, why bother inviting them on.

[@ribana75]

I've read recently that there's a correction of 4 - 7% in approximately 10 cities. What's your thoughts? By year's end

[@ErnieBert-eg8kd]

Dumps in flyover country

[@MikeHawk_007]

The market is already trending down. Add the NAR lawsuit coming into affect, and an election year. lts a great time to hold off making any changes right now...

[@BlackHammer0891]

I know my former broker is happy my a- don’t work in the office anymore. The agents would come in and just hang out around my desk. I’m like, it ain’t my fault I’m funny

[@christiejensen1606]

He

[@chrispalazzolo431]

Just lower the interest rate to 4 and UNLOCK the housing market…. Very simple

[@ErnieBert-eg8kd]

And unleash hyperinflation? You aren’t very sharp are you. Rates aren’t high because the government is locking you out of the housing market. Inflation has been red hot for three years and isn’t slowing down.

[@fixitright9709]

@@ErnieBert-eg8kd Ernie you sure do get around a lot! Hyper inflation is a government corporate conspiracy, it's a hidden Tax, They want interest-rate high on housing because it's more money in their pocket, they are packing their wallets, the whole thing is rigged against the working class to extract as much money from them as they can, Hyper inflation came to be during a time when Americans were spending the least amount of money unless you had a hyper inflated income which is another story and problem in this country

[@definingecology6623]

I love how every thumbnail is your face making this shocked or disgusted expression. Great clickbait

[@Kageoshi]

I'm favoured financially, Thank you Jesus $600,000 weekly profit regardless of how bad it gets on the economy.

[@JamesSmith-45]

Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

[@AnnaKatherine-u3x]

Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Georgette Wong, has been an amazing experience.

[@Lucas-d1i3e]

Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦‍♀️ of myself because of low finance but I still believe in God

[@IsaacHunt4]

Good day all 👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?

[@ClemenceLisee]

Such information we don’t get from must KZbinrs, how can I get to her. ?