Realtors and Bankers Agree: The Housing Market Will Boom in 2025

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Minority Mindset

Minority Mindset

Күн бұрын

Пікірлер: 573
@MinorityMindset
@MinorityMindset 3 күн бұрын
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@miami-dadetransparency5253
@miami-dadetransparency5253 3 күн бұрын
When do realtors or mortgage bankers ever say anything different?
@mrleafbeef634
@mrleafbeef634 3 күн бұрын
The state gov and banksters be making it difficult
@MONEYM723
@MONEYM723 3 күн бұрын
Nope.
@sandman9601
@sandman9601 3 күн бұрын
"People whose income depends on the housing market declared that you should buy houses" Yeah, they said the same in 2008. And every year prior or since.
@blainesimkins9550
@blainesimkins9550 3 күн бұрын
That's no shit! You can always count onto our fellow real-estate agents and brokers to be optimistic 😅
@consumeboxing
@consumeboxing 3 күн бұрын
@@blainesimkins9550 Their optimistic salesmen lmao!
@phillB
@phillB 3 күн бұрын
I’ve said this a dozen times already, but I will repeat myself so that everyone gets the message. Realtors and their affiliated companies are never going to say that sells are going down. If they told you that, or house prices are going down people with simply stop buying. Think of it this way. What would you do if they told you houses are going to be cheaper in the near future? Exactly you would hold off buying for a while. What do you think that would do to the realtors? Yes, exactly. They have families to feed too.
@Ravilutionary
@Ravilutionary 3 күн бұрын
Simple math 😂
@Fedex211
@Fedex211 3 күн бұрын
💯 everything is a form of a psyop for the masses. As long as they remain positive, the buying won’t stop and will manifest itself in the numbers which will reinforce their predictions and give them credibility. The party only stops when enough people have been maxed financially at which even the continued “positive” talk can’t influence enough to make a difference in the numbers. Smart money would have already been out and the regular guy will get screwed again.
@traceysweeney6965
@traceysweeney6965 3 күн бұрын
I’m a real estate broker. When you tell a seller that the market has changed and their house is really $100k less than what they think they should get they will not listen. They find someone that will list it at the price they want it listed and complain about the realtor not doing enough to sell it🤡
@Simone.Templar
@Simone.Templar 3 күн бұрын
💯
@localguides8653
@localguides8653 3 күн бұрын
​@traceysweeney6965 why I'm waiting to see the comps reset for some of the stuff that has been getting discounted this year. Golden pocket is still too high. Will need true economic downturn to start seeing the comp waterfall. TBILL and chill til then.
@DPhasely
@DPhasely 3 күн бұрын
I don't think so. How can housing boom when no one can afford it. Maybe a housing BUST.
@syarifairlangga4608
@syarifairlangga4608 3 күн бұрын
Its mean big company like Blackrock will bulk buy house in strategic location. They will force civilian life in sub urban area
@jeffaragon
@jeffaragon 3 күн бұрын
That's why they have credit 😂
@gemechannel2899
@gemechannel2899 3 күн бұрын
3%~5% you can afford almost everything 😂😂😂. So many house poor
@homerrockz
@homerrockz 3 күн бұрын
Simple the value of the dollar continues to decline
@mrleafbeef634
@mrleafbeef634 3 күн бұрын
​@@jayk3551them migrants and immigrants be buying em. Let alone the global elites
@SteveRenon
@SteveRenon 3 күн бұрын
This is when they say. Everything is fine don't panic.
@javaman7199
@javaman7199 3 күн бұрын
Booming like 2007.
@bobroberts2217
@bobroberts2217 3 күн бұрын
“The housing market is strong”- Hank Paulson 2008- Secretary of the Treasury
@debbiecreter2005
@debbiecreter2005 3 күн бұрын
That was an atrocity!
@zzzT.
@zzzT. 3 күн бұрын
Perfect 😂. A not so random guy that got it completely wrong. 🤠
@ebutuoy5088
@ebutuoy5088 2 күн бұрын
Nothing like 2008 dummy
@ebutuoy5088
@ebutuoy5088 2 күн бұрын
It's not 2008
@debbiecreter2005
@debbiecreter2005 2 күн бұрын
@@ebutuoy5088 Of course it’s not, but he’s quoting a guy who said this back then and it’s ironically being said again today from the realestate industry. Lies.
@timsession6736
@timsession6736 3 күн бұрын
As someone who works in Mortgage. I can tell you. 1st Mortgage Purchases in my area (St. Louis) barely any and are generally 5 figure per month borrowers. Refis, 1st and 2nd Lien Home Equity Lines of Credit are off the chart and guess what the largest credit cards are we are paying off... It's Sam's Club, Costco, and Wal Mart. People are refiancing their homes to payoff their food.
@cmetzenberg
@cmetzenberg 3 күн бұрын
That's terrifying
@musicdudem6673
@musicdudem6673 3 күн бұрын
Mortgage has collapsed, moved to consumer lending, which is also collapsing
@JJJobson
@JJJobson 3 күн бұрын
@@timsession6736 that is crazy! I see people at Costco doing this. That is insane
@henrythegreatamerican8136
@henrythegreatamerican8136 3 күн бұрын
"realtors and bankers agree" Yea, of course they agree. They have a lot of new inventory coming on the market and need to sell it. Look at Austin Texas and central Florida as the best example.
@anniealexander9616
@anniealexander9616 3 күн бұрын
Scary! 😮
@TriciaDrammeh-o9x
@TriciaDrammeh-o9x 2 күн бұрын
Hit 240k today Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024
@RampKevorkian
@RampKevorkian 2 күн бұрын
I would really love to know how much work you did put in to get to this stage
@TriciaDrammeh-o9x
@TriciaDrammeh-o9x 2 күн бұрын
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@GregFunnell-q9f
@GregFunnell-q9f 2 күн бұрын
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns
@HollyGarwell
@HollyGarwell 2 күн бұрын
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
@JeremyBilbrey
@JeremyBilbrey 2 күн бұрын
I'm favoured, 90K every week! I can now give back to the locals in my communities and also support God's work and the church. God bless America,, thank you Jihan Wu😊🎉
@marks_02
@marks_02 3 күн бұрын
How about some tutorials on how to buy and sell a house without paying a real estate agent? That would instantly make houses more affordable.
@markh.6687
@markh.6687 3 күн бұрын
How does that fix the high interest rates and overpriced home values?? Sure you'll save some money not using an agent, but that doesn't fix the rest of the problems.
@aida_semsosalihbegovic
@aida_semsosalihbegovic 3 күн бұрын
I love when he say that they may be a “little bit “ biased.
@JJJobson
@JJJobson 3 күн бұрын
Not gonna happen unless it’s mostly investors. Housing has passed most people’s wages. Homelessness is at an all time high. People can’t even afford apartments
@nightswatcher
@nightswatcher 3 күн бұрын
The more you think about it the worse it gets it’s truly a scary time right now
@thatrandomproject6652
@thatrandomproject6652 2 күн бұрын
Make sense to me…
@wayward03
@wayward03 Күн бұрын
It doesn't even make sense for investors right now, however people are rarely logical.
@onlinecux
@onlinecux 3 күн бұрын
This man does not take a single day off. 💪🔥💰
@keithromberg5779
@keithromberg5779 3 күн бұрын
I dont know about anyone else, but I have two tenants that are now completely broke and are struggling to make rent. Housing market is definition going to crash, just waiting for unemployment to spike here.
@adrianbira2583
@adrianbira2583 3 күн бұрын
Unemployment to spike, student loan to start in May 2025, etc.... Agree
@carnivalgods4573
@carnivalgods4573 3 күн бұрын
It's a twine ball of economic calamity. So many businesses are planning layoffs in early 2025, others have to refinance their variable rate to a higher one, all time high consumer debt and counting. I mean, as soon as the media reports unemployment jumps, there goes the artificially high stock market folding like a screen door in a hurricane.
@brucebriggs836
@brucebriggs836 3 күн бұрын
More unemployed = more houses lost
@davids.9834
@davids.9834 2 күн бұрын
I think its going to be regional. Florida.... and places south I do see the housing market going down. The money is just not there, the market is overvalued, and insurance rates are going through the roof. I see the North East being a booming market. Between New York and Boston there is a lot of "old" money. Market ups and downs really dont effect this old money, people are now wanting to get out of Hurricane prone areas, and in general I just dont see the poverty in the North East that I see in the South.
@grQTbVMrZ
@grQTbVMrZ 2 күн бұрын
What state/city??
@kennv7566
@kennv7566 3 күн бұрын
I don't believe there will be a real estate boom in 2025. Things will be pretty much the same as they were in 2024.
@potatochobit
@potatochobit 3 күн бұрын
no, it's worse. apartment prices are going down but house interest rates are going up simply because of bank greed.
@luar2521
@luar2521 3 күн бұрын
Who ever wrote that forecast was smoking weed. 2025 is going to be a very interesting year indeed specially for the housing market.
@hoangkgll
@hoangkgll 2 күн бұрын
XAI96T$ is like a hidden gem nobody sees yet. Waiting patiently for the breakout moment.
@Roughneck7712
@Roughneck7712 3 күн бұрын
“The job market will slow (ie fewer people will be able to find work), mortgage rates and home prices will remain high, BUT housing sales will soar!” That sounds like 2008 logic
@stargazer5073
@stargazer5073 3 күн бұрын
No way, too many losing jobs. Many multi generational families living together.
@710_jams8
@710_jams8 3 күн бұрын
Realtors are right. Its a great time to buy right now. Somehow, simultaneously, its a great time to sell too! Imagine that. Always a great time to do something that generates a commission.
@fudogwhisperer3590
@fudogwhisperer3590 3 күн бұрын
The cure for high prices, is high prices. Observing the glut of homes on the market, wages not keeping up, inflation effecting tax's and insurance to the upside, the incentives price cuts of new built homes, this next year is going to be a bloodbath in the housing market. I've been anticipating and waiting for this to happen for the last 2 if not 3 years. I anticipate the market to drop at minimum 60% in the area that people were moving to during covid. Median house price will fall to mid to low 200K. In bubble territory, like Florida Texas where things are massively over built, its going to be even lower.
@misterringer
@misterringer 3 күн бұрын
Think about what you just said: "I have been waiting 2 to 3 years" - and maybe this year will be the year it pops. But it's also possible that it keeps inflating. Does predicting something every year for 10 years until it finally happens make you "right"? I wouldn't be too confident either way right now.
@ExaltedDuck
@ExaltedDuck 3 күн бұрын
From '06 to '12 (peak of housing prices to bottom of price sink following the Great Financial Crisis), the national Case-Shiller Index fell from 184 to 134. That's about 30%. I live in an expensive area and in the more bubble-pumped parts and I can only think of a few isolated incidents of individual neighborhoods seeing 40-50%. And even then, it took 6 years from the top until the bottom was reach, with the first 2 holding fairly steady. Without the disease of stated income loans and interest-only introductory periods, what would happen that would drive a faster and deeper drop?
@sharmainelinda91
@sharmainelinda91 2 күн бұрын
Big shoutout for mentioning XAI96T$ and SUI. These two look like the future to me. Holding both tight!
@nino29ist
@nino29ist 3 күн бұрын
House market was booming in 2020. And it’s over !
@jeanhabraham4931
@jeanhabraham4931 3 күн бұрын
high prices and high interest rates who’s going to buy them
@johntrevett2944
@johntrevett2944 3 күн бұрын
In desirable areas investors and companies like Blackrock.
@NGHTWRK
@NGHTWRK 3 күн бұрын
Just like he said, they want a market that only companies own land and the loans. “You will own nothing and like it”
@KingNeutral1
@KingNeutral1 3 күн бұрын
How? When most people won’t even be qualified for a mortgage at this point 😆
@keithromberg5779
@keithromberg5779 3 күн бұрын
Even for the ones who qualify, banks arent giving out mortgages. Most banks are in serious liquidity crisis. The FDIC has been bailing out banks behind the scenes the last couple of months. Either bail us out now or bail things out here shortly when we fail. Huge amount of bad auto loans and housing mortgages given in 2020 through 2023 and the sh!t is starting to hit the fan with it.
@Roop-b9z
@Roop-b9z 3 күн бұрын
Same was said in 2007/2008 that house prices will continue to boom, don’t believe anyone, it is all about vested interest Do your own diligence
@aaronpetry715
@aaronpetry715 2 күн бұрын
If I sold bananas I would be telling everyone 2025 is the year to buy bananas.
@YoungMoneyFuture
@YoungMoneyFuture Күн бұрын
I'll buy all the bananas you got! Billeh, do you remember the dream I had about a smoothie shop? 2025 is the year for smoothies Billeh!
@joelbui84
@joelbui84 2 күн бұрын
You said XAI96T$ will 100x in your last vid. Can you share more details? Everyone needs to know!
@mikeberardi3985
@mikeberardi3985 3 күн бұрын
Happy new year 🎆🎊
@tannerdodson19
@tannerdodson19 3 күн бұрын
Asking a realtor if it's a good time to buy a house is like asking a alcoholic if it's a good time to drink a beer.
@lokelanidam
@lokelanidam 2 күн бұрын
OMG, your calls are insane! 10% gains last week. Thinking about XAI96T$, SOL, and MATIC now. Thoughts?
@Jenna-eo5dh
@Jenna-eo5dh Күн бұрын
Scam!
@DerraKormino
@DerraKormino 2 күн бұрын
This is a really interesting take on the housing market. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?
@winifred-k9e
@winifred-k9e 2 күн бұрын
It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.
@MattsMkia
@MattsMkia 2 күн бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $375k to around $650k.
@JacobsErick-u8r
@JacobsErick-u8r 2 күн бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@MattsMkia
@MattsMkia 2 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@LUCIASMITH-d1z
@LUCIASMITH-d1z 2 күн бұрын
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
@hazellenih924
@hazellenih924 2 күн бұрын
XAI96T$ is the real deal. Not hyped yet, but the potential is unreal. All in for the long term!
@Jenna-eo5dh
@Jenna-eo5dh Күн бұрын
Scam!
@thorstenroberts4726
@thorstenroberts4726 3 күн бұрын
Maybe NAR is correct... their report didn't say anything about house prices though... if prices drop maybe there will be a bunch of sales.
@johnfortes2171
@johnfortes2171 3 күн бұрын
So large corporations will buy the houses and make them rentals.
@mrleafbeef634
@mrleafbeef634 3 күн бұрын
You mean global elites and banksters
@b4804514
@b4804514 3 күн бұрын
Exactly the wealthy have full control over the middle and poor. Taking advantage of that has caused inflation and low salaries. It will destroy the economy. Salaries have not increased to meet the inflation.
@morningsalute03
@morningsalute03 2 күн бұрын
I really wish we could have old school KZbin that showed the like vs dislike bar.
@Openminded4life
@Openminded4life 2 күн бұрын
Weird times. I think the housing may decline in CA. I also feel like if things get really bad and economy worsens, everything will fall. I bought a fixer ranch for 840k (Got lucky) and when done with it, im moving in and selling my old home for 800s so this really worked out for the best. I didnt want to buy a semi fixed up house for 1.25M and still not to my taste and be in a lot of debt.
@Ravilutionary
@Ravilutionary 3 күн бұрын
"a little bit biased" the entirety of their business depends on prices continuing to go up. 😂 They're so high off the artificial growth from the last few years and they dont wanna get sober
@KenH-pm2lh
@KenH-pm2lh 3 күн бұрын
Here in Houston, apartment buildings are being built like crazy! Don’t see many houses being built
@reynaldobaca3403
@reynaldobaca3403 3 күн бұрын
Same in Denver, nothing but apartment complexes and town houses, they are really preceding with their agenda to make us a renter nation, get land if you can! Persevere!
@douglasramirez2408
@douglasramirez2408 3 күн бұрын
Same here in Phoenix.
@RichardCheny
@RichardCheny 2 күн бұрын
That's because that is the only way to get affordable housing. I'm in a very nice townhome in a new part of town with an attached garage for 1400 a month. You can't get into a house in Houston for anything less than 2500/month, even in the wards. I've tried!
@soniatatum9205
@soniatatum9205 2 күн бұрын
The rich investors wants us to rent it’s being done by design
@georgemccan5590
@georgemccan5590 3 күн бұрын
If it's coming from the mortgage bankers and the realtors you know it's a lie 😂
@nonexistent5030
@nonexistent5030 2 күн бұрын
You're telling me those people who collect commissions off property values and mortgages and whose interest it is in for values to rise are saying values will rise? That's incredible!
@vyracao
@vyracao 2 күн бұрын
Been watching XAI96T$, and I can’t resist anymore. Dropped $50k, and I’m ready for the boom!
@MrRussianGerman
@MrRussianGerman 3 күн бұрын
They’re trying to prop up the idea that “everything’s okay”.
@PhillipRauschkolb
@PhillipRauschkolb 3 күн бұрын
What did they say at the end of 2009?
@oscarperegrino8998
@oscarperegrino8998 3 күн бұрын
Then everyone got fucked and lost evrything like they wanted yay!!
@snownight7
@snownight7 3 күн бұрын
The primary concern with homeownership is not the house’s price but rather the interest rates. For instance, a $400,000 house with a 20% down payment would result in a monthly payment of $2,174 at a 7% interest rate, which is the current rate. In contrast, a $1182 payment would be required at a 2% interest rate, which is the prevailing rate for individuals with good credit before the market experienced significant fluctuations.
@johntrevett2944
@johntrevett2944 3 күн бұрын
Buy a smaller house and pay it off in 1/2 the time.
@DanFitzPatrick-p9r
@DanFitzPatrick-p9r 3 күн бұрын
primary concern is payment - a function of both price and interest rates. prolonged very-low mortgage rates blew a bubble in housing prices and upward/downward price trends do not work on the same timescale. so here we are.
@Iconicwedgeshape
@Iconicwedgeshape 3 күн бұрын
This doesn't even factor in an impound account for property taxes and insurance. My rate is under 7% and the total monthy payment is over 2400$
@abdulgill5013
@abdulgill5013 3 күн бұрын
The 7% rate is actually 140% in interest. To calculate this, double the percentage 7 times 2, which is 14%, then multiply it by 10 and its 140% in interest. Basically if a 500k home is bought at “7%” interest rate, then the person borrowing will pay $700,000 worth of interest over the span of the 30 year mortgage. Let’s not forget the additional 500,000 that has to be payed back so the actual total would be around $1.3 million. Now this is a huge issue because if the average salary on the US is around 65k, who is going to afford this unless they are going to spend the rest of their lives paying off this house? Not to mention how high these house prices were and that these homes were way cheaper just around 6 years ago.
@johntrevett2944
@johntrevett2944 3 күн бұрын
@@abdulgill5013 Buy a much smaller house than a bank is willing to loan you and pay off that 30yr in 13 years with double payments (2nd to principle). You wont pay nearly the interest on the loan.
@vagtech74
@vagtech74 3 күн бұрын
Cannot go any higher
@journey2harmony_LLC
@journey2harmony_LLC 3 күн бұрын
Canada is double the price of US housing market and they are poor compared to US.
@djack915
@djack915 3 күн бұрын
Happy new year! 🎉🎉🎉
@PatamaGomutbutra
@PatamaGomutbutra 3 күн бұрын
How can realtors and mortgage lenders say what will contradict their interest. Sorry I do not feel this topic benefit any body👎
@greenrhinoproject
@greenrhinoproject 3 күн бұрын
How the hell does the average working family afford a home now days. Pretty soon only the rich will own.
@JohnDoe-iv7yu
@JohnDoe-iv7yu 3 күн бұрын
NO IT WON'T! People do not have the money nor confidence in Americas immediate and long term future. Houses are expensive to buy, keep and maintain. It will flat line at best.
@JoeyOlin
@JoeyOlin 3 күн бұрын
Just don't buy a house. no stress, no loan and have money to enjoy your life. Your life is not just only have a home.
@ubsglobalserve1002
@ubsglobalserve1002 Күн бұрын
Good point but you need a home trust me. Maybe small but a home.
@letsgobrandon911
@letsgobrandon911 3 күн бұрын
Since when have bankers and realtors been honest? Of course they are gonna say the market will boom, but the average person is maxed out.
@marciaelle4659
@marciaelle4659 3 күн бұрын
Thank you, Jaspreet! Your advice is extremely helpful. I am changing the way I think and act!
@jacobsmith4284
@jacobsmith4284 3 күн бұрын
It’s busting on the Florida gulf coast.
@charlesblerzbo1616
@charlesblerzbo1616 3 күн бұрын
Not enough to make a lick of difference. I saw waaaaay better deals during the buying frenzy of 2022.
@markh.6687
@markh.6687 3 күн бұрын
Like the condos owners are trying to sell, but nobody will buy with the assessments for maintenance going through the roof after the Surfside collapse and law changes regarding inspections??
@jackspdr
@jackspdr 3 күн бұрын
To be fair in 2020 we had COVID, people lost jobs, started a recession.. yet homes went up by 300% in the past 4 years.
@RS-we7lx
@RS-we7lx 3 күн бұрын
Is there data where we can see what large businesses are purchasing properties?
@obabas80
@obabas80 3 күн бұрын
Your Gucci references always give me a good chuckle for some reason, love it 😂
@andrewhoover4641
@andrewhoover4641 3 күн бұрын
I am a 100% contrarian. Debt wall for CRE incoming. Residential values are inflated, with the 10 yr treasury in the open market will push rates up.
@aaronbono4688
@aaronbono4688 3 күн бұрын
People are buying homes with cash or are corporations buying homes with cash? With everything I hear about how little people have in savings I can't believe they are very many people who can just work out some cash for a house.
@Goodiebar18
@Goodiebar18 3 күн бұрын
People are living off credit cards lol the only boom I see is from the stack of cards about to crater….realtors will always say now is the time to buy but once their commission is paid they don’t give a shit. The 2008 situation is the same and yet different, people are buying shit they can’t afford in droves. The difference between then and now is they’ve got to prove they work, but that doesn’t matter if the prices go up to keep said home.
@heidefeldman1760
@heidefeldman1760 3 күн бұрын
Thank you for all your easy descriptions of investing. Happy New Year.
@traceysweeney6965
@traceysweeney6965 3 күн бұрын
I’m concerned about the banks doing buy ins.
@jmaximusg
@jmaximusg 3 күн бұрын
You mean, bail-ins?
@HectorGarcia-k8p2v
@HectorGarcia-k8p2v 3 күн бұрын
Invest in REITS! Be part of the problem and profit!
@DMAN590
@DMAN590 3 күн бұрын
I know right, so many people who are getting F'd in this system just can't wait to be part of the problem. lol
@Heather-db6wq
@Heather-db6wq 2 күн бұрын
Not going to happen. The shit is going to hit the fan. It’s already started in Florida and Texas.
@jmaximusg
@jmaximusg 3 күн бұрын
Weren't Realtors saying, "Marry the house, date the rate"?!?! 😅
@DominionAnako-bb7ry
@DominionAnako-bb7ry 3 күн бұрын
Nice choice! Banking can definitely lead to some solid pay, especially if you get into investment banking or financial analysis. Plus, there are always opportunities for growth.
@luvajay22
@luvajay22 2 күн бұрын
Happy new year!!!
@franktuccillo6097
@franktuccillo6097 3 күн бұрын
Another thing you don’t realize is foreclosures are at an all-time high. You need to do some research.
@javaman7199
@javaman7199 3 күн бұрын
It is booming like it was in 2007.
@williewill1237
@williewill1237 3 күн бұрын
So many realtors jumping for joy right now, but they don’t know that their doom is coming. Housing is going to bust.
@ProgrammingWIthRiley
@ProgrammingWIthRiley 3 күн бұрын
Come on Jaspreet. Banks don’t borrow from the government to make loans. That’s not fractional reserve banking. 5:20
@jasonthomas9453
@jasonthomas9453 3 күн бұрын
That’s what they have to say to keep up the illusion to potential buyers.
@honjokun0615
@honjokun0615 3 күн бұрын
Here within the first 10 mins! Happy new year, everyone! (esp. Jaspreet)
@gecko2000405
@gecko2000405 3 күн бұрын
The mortgage that you pay is more influenced by the long end of the curve, not the short end.
@harryporter3531
@harryporter3531 3 күн бұрын
Just wanted to say Happy New Year!
@crystalyn2855
@crystalyn2855 3 күн бұрын
Nah! housing purchases will not go up. Please these people just want people to believe everything is going to be fine.
@jijijohn1665
@jijijohn1665 3 күн бұрын
Realtors prediction is garbage. They always predict upwards housing prices only. Then downturn happens, they wanished
@friedrichhoffmann4248
@friedrichhoffmann4248 3 күн бұрын
Of course realtors want it booming. SCAM!
@Dave-zl2ky
@Dave-zl2ky 2 күн бұрын
Realtors think today is the best time to sell or buy, and it has been that way for over 100+ years.
@michaelb4546
@michaelb4546 3 күн бұрын
2023 was supposed to be a boom than it was 2024 and now 2025... right...
@SonnetGomes
@SonnetGomes 3 күн бұрын
Thank you. This is a great video to explain the link between Mortgage Rates and 10 Treasury yields. I still wonder why the Tresury yields were so low in 2020 which also caused the mortgage rates to drop to 3.0% or less. Seems like these are all Feds manipulation to control housing prices/inflation.
@CarlSmith-bs4qx
@CarlSmith-bs4qx 3 күн бұрын
How can a boom occur when the normies are flat broke...
@salikali2
@salikali2 3 күн бұрын
I am sure they were saying this same trash before the 2008 crash.
@cmasters007
@cmasters007 3 күн бұрын
So we are now coming from a crash that never happened to a boom ?????
@avenger1212
@avenger1212 2 күн бұрын
If so, time for the crash.
@marytica123
@marytica123 2 күн бұрын
CAVEAT - LET THE BUYER BEWARE ! We live in North Central Florida, where the Ocala area is #2 in housing construction nationwide. What we see is this - upscale homes being sold to Northern transplants, rich with $$$ from the sale of old big city homes. As for "affordable housing" - the typical 3/2 houses are being sold to INVESTORS, who then put them up for RENTALS. Workers in our area can't afford the high down payment, nor the current mortgage payments. WELCOME TO FLORIDA !
@jaytherealtorinboots
@jaytherealtorinboots 3 күн бұрын
We will definitely see a renting boom. Compared to the average mortgage amount of near 3k a month here in Houston TX leasing is much more affordable
@Gurgleskletch
@Gurgleskletch 3 күн бұрын
Please do a show on Fundrise 😊
@cannix8055
@cannix8055 2 күн бұрын
Funny they say its going to boom. All i can speak for is locally, my wife and i were thinking of upgrading from our "starter" house and stopped by a few open houses and spoke with the relators and the overall response was locally houses are sitting for much longer because people cannot afford and its better to stay in our current home for the foreseeable future. I've also started to see a few foreclosures starting to pop up, we shall see but i highly doubt this is going to end well. I will also tell you outside of the mortgage, insurance, and property taxes when something breaks in your house its up to you to pay for the repairs. Its not like oh man my air isn't working hey landlord get this fixed, that repair/replacement is on you.
@jasonmorgan27
@jasonmorgan27 2 күн бұрын
Lmfao the gaslighting is just hilarious
@darksideofthemoon19
@darksideofthemoon19 3 күн бұрын
House prices going up yes, but ppl going to buy more lol ya right 😂
@Jack-jv4gr
@Jack-jv4gr 3 күн бұрын
Prices going up LOL that's wishful thinking on behalf of both realtors and bankers
@Schnazola
@Schnazola 3 күн бұрын
The best part is the last part starting at 10:52.
@billharden7127
@billharden7127 3 күн бұрын
Happy New Year
@ListenUpDemocracy
@ListenUpDemocracy 2 күн бұрын
I admire you and your success, but In what world? People are losing their jobs. So in what world?
@DA-gw1ft
@DA-gw1ft 3 күн бұрын
Home loan Rates are making homeownership more difficult
@j887276
@j887276 3 күн бұрын
Not really if you're shopping for homes in your budget. I qualified for a 400k mortgage, found a modest home for 180k. Even with high rates the monthly payment is only 18% of my income- which is MUCH less than the safe 30-40% normalcy.
@davidmann2524
@davidmann2524 3 күн бұрын
Rates aren't, prices are. And they are cutting rates and they are still going up. There's going to be a massive repricing in the housing market. In the 80s with 18% rates, a median worker could save for 3 years and buy a house in cash. That seems ludicrous to people today.
@davidmann2524
@davidmann2524 3 күн бұрын
​@@j887276so you make a lot of money, the median worker makes 70k a year full time. Can always tell the people who aren't so bright when they highlight marginal cases when talking about population groups
@LevityBrevity
@LevityBrevity 3 күн бұрын
Prices are inflated
@kanukistani2984
@kanukistani2984 3 күн бұрын
Unless private equity firms keep buying houses at these interest rates, I don't see who of the public will be able to afford it. If housing is to boom, someone will have to be buying. Who? In my area it costs $1000 more a month to buy rather than rent a given home. The only think I could imagine pushing housing up is run away inflation.
@robertcunningham9626
@robertcunningham9626 2 күн бұрын
Sounds like a great time to invest in real estate.... development
@JakeFockstein-cn3hc
@JakeFockstein-cn3hc 2 күн бұрын
I disagree. What will drive the demand and high prices?
@happymcslappy3640
@happymcslappy3640 2 күн бұрын
WHEW! He scared the ehll outta me until the end. Taxes go up slightly, insurance goes up slightly, house still wins. If housing market crash and youre investing, your portfolio will still crash as well. If you lose your portfolio, rent will hurt a lot more than a mortgage. As long as you stay liquid, youre safe.
@AJourneyOfYourSoul
@AJourneyOfYourSoul 3 күн бұрын
For 2025, sales might increase some, which is what they are talking about, since we are at the bottom in sales activity right now, but price will remain flattish, +- 3% for most locations imo.
@franktuccillo6097
@franktuccillo6097 3 күн бұрын
I highly disagree with you. Inflation is going much higher. Wages are not keeping up with inflation. Millions of people got laid off and inflation according to the world economist is going much much higher than 25 bad information.
@justinchapman5876
@justinchapman5876 3 күн бұрын
These bankers and realtors don't make any sense. How does inflation come down with home prices going up? What components of CPI will be in deflation or flat in order for headline to get back to anywhere close to 2%? Food? Energy?
@sloppysk8r13
@sloppysk8r13 3 күн бұрын
I had this thought too, lol
@jeffersonbuckles8905
@jeffersonbuckles8905 3 күн бұрын
They've known for years that we can't get back to 2%, the whole show is criminal frankly.
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