The Housing Market Fire Sale BEGINS [Wall Street PANIC!!]

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ReventureConsulting sees the inventory problem as well.
📝Disclaimer:
This video is not personalized advice for the viewer.
#meetkevin #trading #money

[@OhNiceMatt]

You called it out, LIVE in the live this morning, that the direction was down today, in the 1st 15 mins of monitoring the QQQs

[@MeetKevin]

Yep

[@yanceymcdonald6017]

The issue in states like Florida is that the median household income, can’t afford the median level house without being extremely house poor. The reality is that most people are not even capable of affording a house with that level of price tags. The housing market has no choice but to come down in markets where people living there can’t afford it.

[@jmsena]

Bingo.

[@coolzone71]

Not if the politicians can help it

[@09BiGDylan]

You underestimate how much finance bros will try to float the market by keeping demand high or at least not being willing to sell what they have already

[@mylesgray3470]

The difference is, if corporations and hedge funds are allowed to buy real estate, they will continue to do so, preventing any meaningful raise in supply, keeping prices high and transferring that wealth away from individuals.

[@waynv1835]

except isn't blackrock and other investment entities buying up the housing (with the intent to go to extortion rent levels?)

[@TheWityful]

Didn’t California just hit a new peak today for house prices? lol

[@aaronjames8926]

Not in a good way 😅

[@brandonnetzley1906]

I guess California is the only state in America, who knew?

[@cowboysfan1026]

It wasn’t the state of California. It was the city of San deigo

[@jmsena]

You have to look at the median income to payment ratio and honestly ask yourself if that is a sustainable environment for real estate appreciation.

[@Steve_Takes]

New York as well

[@Gonzo558]

People keep telling me to buy a home rn, i think they are insane. Supply is going up.

[@BG-jg4pt]

im a loan officer and I can tell you with confidence....don’t buy right now. Even if we don’t crash its not going up like crazy and you can buy later on with more certainty

[@carlosvilla6440]

I'm actually buying right now. When stuff gets better I'm going to refinance to lower my APR and have a better monthly. When stuff gets better houses might go up and the competition of wanting a house will go up. When things get better you're going to be competing with a lot of people that have the same idea.

[@The_Clumsy_Investor]

@@BG-jg4pt I don't necessarily believe you're a loan officer but I agree with you!

[@RW-zh7kl]

Supply isn't changing, and house prices and interest are still high, this is still the worst time to buy a house

[@montuna4686]

I agree on the type of seller. I closed on a deal that the seller has dropped 120k. I already see another that the seller is stressed. I am going to buy as much as I can on the way down

[@Horatio1886build]

In the real estate market For 40-50 years normal was 1.8-2 times yearly now we have 4 to what like 7? This is crazy. Indicates a massive decades long “ frozen lower for longer rates,( due to past FED/ gov warped policy) and or a permanently lower over all standard of living for most. Somebody explain to me how this is going to suddenly bottom and go merrily up again anytime soon?

[@jesuscanales5606]

Zoom out on your data kevin...look at pre covid inventory. Come on man...

[@jeffsurfanderson]

Save your real estate funds till 2025 the market will drop by 25 to 30% that's what my insiders tell me. Keep stuck calling your money and you'll crush it

[@RobertPowellRN]

Do not think we are near close to a bottom!

[@vmrosales3]

Love the real estate update

[@brandinghoward]

Congrats Kev. You’ve been absolutely crushing it. Live streams have been great every single day. Entertaining and full of value. GG’s

[@TonyGuy-jc9cp]

Been sitting on my down payment for 1.5 years collecting 5% from the bank. I’ll be damned to go get ripped on a house no thanks I’ll stick with my great priced rental until the deals come.

[@RobertPowellRN]

es, total mortgage delinquencies in the United States have increased year-over-year for all outstanding loans in the first quarter of 2024. The delinquency rate increased by 18 basis points for conventional loans, 112 basis points for FHA loans, and 68 basis points for VA loans from the previous year. I don/t see this getting better do you?

[@RobertPowellRN]

Lots of mortgage defaults going to hurt banks -- Going to get much worse as layoffs increase. It will be a spiral that will affect banks severely that are holding all those loans !

[@MVPTC]

Fire sale where??? Mortgages are around 3.5k for an average house and that’s with 20% down

[@liamgauge3877]

Yeah, this is why Kevin takes money from his subscribers for interest free loans that he can use to beat out first time buyers on deals. Classy.

[@user-hr3cy5mv2f]

I am a member in your course, yet I do not see where you are posting these buy sell alerts, Please advice?

[@galandoftruth6730]

Good info Kevin

[@mbshawaii]

Maybe corporations should stop buying up all the properties and give familes a chance

[@wbdrill3159]

100% true

[@LiveWell6]

The vast majority of purchases are not by corporations. Where did you get that idea?

[@eddieloujones2673]

Exactly. Corporations like, oh , I don't know... HOUSE HACK?

[@uavmedronerz2962]

Its not going to stop, we are almost out of chances to buy for ever

[@patrickmccarthy5617]

What are even waiting in these real estate prices, Kevin? Tell me how i can cash in on these deals

[@ScratchLife]

Your killin it💯🚀

[@alanmulder7799]

Great job on all of your trades! Thanks for the update on the real estate market. Hope your family is doing well.

[@daniels12379]

Amazing returns! Please start a fund for course members.

[@Mona1930]

Last fall there was only 1-2 houses for sale in my neighborhood, sold in one weekend. Currently there is 7+ and longer days on market.

[@Horatio1886build]

Why even bother with real estate when you can make that kind of money in one day with a trading account? There is so much transaction cost, searching negotiations, travel time with real estate. Why are we so obsessed with it. Especially in such as relatively frozen real estate market.?

[@marchammond4508]

You've been calling a housing crash for 3 years now.

[@mann8098]

Housing won't crash for another 100 years 😂

[@DJRS2178]

its been crashing for 2 years already, down 30% in some places, only the beginning, pull your head out of the sand.

[@AssetAddict]

So has 90% of the world.

[@TheWityful]

@@DJRS2178in other places, like California, house prices just hit a new peak 🥲

[@WilliamIraWoodIV]

When adjusted for inflation, real estate HAS been crashing for 3 years now.

[@bobwazowski]

kevin i'd love to here your financial opinion on residential land lots in south fl, we have ran out of cheap land in south Fl broward, miami area, were squeezed by the ever glades, buy now or wait

[@riverraven7359]

That Tesla comment will make Jeremy from Financial Education have a frowny face 😂

[@yahshua1110]

My thesis is big finance needs liquidity and soon.

[@nielsonlars]

I remember a couple of years ago when Kevin said it was a bad time to buy real estate. I would ask multiple times in the course member live stream about payments and he wouldn't answer the question.

[@mylesgray3470]

I agreed with him on that because it was too competitive. You needed to wave inspection and bid 10% over the first day a house was listed to have a shot at getting it. That’s too much risk for me. I bought in January for about 3% under the listing price on a new build with zero other bids. The payments are high but I got the house I wanted with equity from day 1.

[@uavmedronerz2962]

Dont forget real estate is relative to the area you live, and has been illogical for years now due to illegal immigration

[@feffri1]

He farms his members with pump and dump strategies on options

[@deedevries1123]

There ignoring the surge in insurance cost and property taxes.

[@zwatwashdc]

This is the bottom of the market? Dream on.

[@RW-zh7kl]

Yah we aren't even close to the bottom, were actually way at the top

[@slawekrealtor]

Great job 👏

[@stevenmarveelouz-yr2yv]

Great information passed

[@stevelarsen4596]

That’s amazing Kevin! You make more money in one day than I make all year. So crazy! Maybe I’m doing it all wrong….😂😂

[@Lolo80290]

What was his win?

[@pinkgandalf4782]

Goo meet Kevin! In an airport near you.

[@ProDigit80]

9:30 damn, I thought after ftx, Kevin said he wants going to get any sponsorships anymore.

[@TiagoRamosVideos]

Congratulations on the 100% return on your trading account 👏

[@X862go]

Good housing is absolutely insane atm.

[@farmerbrett8660]

Hey Kevin quick question! Can you make this same video for Farm ground prices? Jk thanks for the video

[@golamshawon6090]

Could we please send me the webbull link from your side?

[@Tony-ob6ix]

Sold my NVDA to high

[@costafilh0]

Trading is great! Especially when you hedge long positions!

[@amShyziJR_]

Congrats Kevin on $1m! 🗣🗣📣📣🔥🔥

[@josie5948]

In our area ,still a shortage of homes.

[@samuelherkimer8253]

So you like double your money every day trading. How is that possible

[@AssetAddict]

Lol. He does it live my boy.

[@wbdrill3159]

He uses options for leverage. He doesn't double but he'll get 10% up days.

[@Surfer00]

Can HouseHack be affected in such way in the future ?

[@paulhart7739]

Kevin - Please include Raleigh-Durham (Research triangle) in your real estate analyses. This place gets often gets neglected because it’s in N.C. but it’s is a bigly area for real estate

[@PremierMov]

Does anyone believe the East Coast will ever see normal housing inventory?

[@yanceymcdonald6017]

My market in Florida is already at pre-Covid inventory levels. Sellers aren’t exactly trying to change their pricing though. The ones that are stressed are dropping numbers quite substantially though. They’re pretty easy to spot. 😂

[@cristinab5274]

Hey Kevin! Could you restart a trading account starting with 5-10k? Covers a realistic start point for average investors looking to learn. If you do this, I’ll join the alerts and invest along, at my own risk of course 🐐

[@ViktorRo1]

why windows PC?

[@Horatio1886build]

All this short trading and options etc. it just can’t be that easy. Or is it? All I can think about is a builder friend of mine that got into that scene back in 2007-2012. Lost his house marriage- I talked to him just before that, he said: “ I think I have just about got this whole trading thing figured out” Hmm, I don’t know what to make of this.

[@richbc517]

Nvidia will continue to rise invest now b4 8ts to late

[@DELTA704]

Have you been to any of those liberal cities recently Kevin. Theres a reason people aren't investing their money there

[@andrewschoenfeld3164]

Yeah, this is a bit like saying "foreclosures are skyrocketing up 200+%!" But you're going from 1 to 3 foreclosures. Of course inventory is wayyy up in some of these states, they were just at historic lows! Why is California not up as much? Because at the time others were having historic lows, people were listing in California and moving out of state, so Cali's inventory stayed higher. The numbers are the numbers, but they need a bit more context.

[@Fred-gi4uz]

Congratulations

[@metallore8803]

just be rich like Kevin.its that easy.

[@pockethugoodss]

Not enough for housing market crash

[@basketballgod2791]

Stop saying he is lying please. Been following him since Covid-19 when other KZbinrs at the time were spewing fake information

[@lettruthprevail9820]

I have been watching Gilbert, Az and the housing appears to have firmed

[@bettarautio7000]

Follow Rick Helps Real Estate for the Phoenix Metro Area. He is really phenomenal. And he has mentioned Kevin a couple of times in the past if memory serves me correctly!

[@jamesread669]

Quit while you are ahead with those options....doesn't matter how much you get if you end up with zero because of an addiction

[@0xDankberg]

He doesn’t need the trading money.

[@cliffsauer9111]

Is it hard to make money with options?

[@jamesread669]

@cliffsauer9111 no, it's easy and addictive. The problem is that trends start randomly because that is the nature of the stock market. A trend can start and then break without warning making you lose everything. And when you lose you feel the need to make it back which is a gamblers mentality. This produces hire risk plays and which leads to more loss and the cycle continues until you lose enough you humble you. But then market gains through long term investing will not be enough to satisfy the "gains" you had when you were doing options. So you will turn back to options thinking "this time will be different." Which it won't. You will lose money in the end. You might win for a day a year or several years, but the story always ends the same. "I wish I never touched options."

[@theprodegypk]

@@cliffsauer9111if you’re asking this question do not buy options, you will lose everything.

[@jessecumberledge4530]

​@@cliffsauer9111 it's also easy to get your face ripped off

[@paulconner4614]

He is dreaming if he thinks this is near the bottom. This is just the beginning.

[@HennaParekh]

Congratulations on that $1M

[@nielsonlars]

I so hope real estate comes down in the markets I am looking...so far no such luck

[@5818fa1]

House prices are not going down in Phoenix. Inventory does not matter.

[@wbdrill3159]

Inventory absolutely matters in real estate. Most places are still below pre-covid levels even with the recent homes being added to the for sale market.

[@johnfurr6060]

Here's to hoping the unregistered security known as Eth does NOT get ETF approval today.

[@israelking9835]

lol. This is funny !!

[@nicolcacola]

So coasters are moving back. Glad things are getting back to normal.

[@XxFlyBoiiMikexX809]

LETS GO

[@chrismcconkey9543]

Bullish then bearish then bullish then bearish . I hate this market cycle lol

[@scotthennen3348]

So it's all in $1million Yolo trade Friday an hour before market close! What a show that would be! Do it for the likes! 😂

[@RPGesus10]

Yoy sales price in chicago is up 10%

[@wemustbecomemachines2012]

we've been hearing about a real estate collapse for years

[@Crispypoyo]

Creating a real estate bottom? Not in Miami 😭 it’s at ATH

[@larrymorton5332]

lets see what happens to nvidia stock after china invades ! they are surrounding taiwan right NOW ! Reply

[@mtbeast8977]

im such a noob! I've been following his trades but I still keep losing money lmao! FML!

[@X862go]

DANG huge win kev

[@MablePauls]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.

[@christiane.c.1852]

I seem to remember that Kevin made an oath or something of that kind that he wouldn’t take sponsorships after FTX went down. I may not be remembering this correctly. Does anyone else remember him taking that oath? It’s interesting to see him pairing with coin base.

[@notsofattony6967]

Yes he did. I'm willing to guess he's going to use crypto as fractional ownership with househack. Just a hunch based off when he shit all over that other company doing that the other week.

[@elvisherrera960]

For those who say kevin is going to buy rent and manage So let me ask you this. Kevin buys a 300k house cash with investment money? Then rents it out for $2200 a month it would take 11 years to just break even so how would that profit anything? Infact renting through management company would add even more cost. 😂 You clearly have no idea how it works don't be fooled by fancy real estate words by gurus do the math. This house hack thing will fall apart it's likely only paying for his private jet.

[@ajubhosle]

Kevin is anti fee but charges a huge amount for his courses. Rught.

[@dtron7591]

You will eat the bugs

[@ethanhensley3194]

househack might be one of the reasons you are pricing people out of homes... could be wrong...but glad you got your family into that "starter" home. #makemorepplrent

[@jeffsurfanderson]

Your stock analysis on the other hand is pretty spot on

[@Stonktradomus]

$523 5/24 spy puts increased 1,000% today.

[@operationatdsnexpedited2682]

👍

[@Mabelabal2k1]

so if you can't guarantee, why not offer alerts for under $100?

[@DJRS2178]

you still wouldn't join

[@Mabelabal2k1]

@@DJRS2178 ofcourse i would...let me guess you would be mad because you paid $500+ for it

[@larryobretenov1435]

Crooks everywhere

[@professorh8398]

More real estate videos, fewer stonks 🤔🏡

[@eduardfilip7632]

I am having a deja-vu with Coinbase. R.I.P FTX kevin. Don't make the same mistake twice.

[@FCF27]

Récession is on the horizon markets are gonna crash before the end of the year beginning 2025

[@mickeyshang1487]

What were you eating kevin?

[@gilbertraya8344]

You truly inspire all of us! Keep crushing it!

[@masamunetozzi]

That’s odd my model just literally went up another 8k starting price

[@damo87araimo]

The amount of misinformation in here is insane. Close this site down.

[@rosalynchen5859]

When did you begin to have such a big beard?

[@NewtonNuggets]

Idk man housing in our area seems fine. Its hittting all time highs atm. Constantly going up weekly

[@zar3045]

Less inventory in California cause the liberal bureaucrats lining there pockets or not allowing builders to build over an endangered ant or fly😅

[@kennypowers2429]

Making a bottom 😆😆😆😆😆😆