The 2022 Housing Market Collapse | The Truth.

[@jhnsb]

Ahh. I remember when Kevin did real estate. Good days

[@alexnelson4295]

I remember when he was enjoyable. A bull. Now he is a boring bear 🐻

[@BellaCinco]

@@u2fkeys665 lol

[@jamesburns679]

Kevin is clearly bullish on real estate. Otherwise he would've paperhanded his real estate portfolio, including his current house and already renting.

[@BearGri11z]

He peaked during the pandemic. Channel growth is down 67% year over year. His channel is in a recession 😂😂🤣😂🤣🤣

[@MrDzdevil]

@@froggy9068 i think he said he sold 1 oh his houses

[@anniealexander9616]

It feels like 2006! I have a friend who is going on vacation once a month. Two trips out of the country to a beach resort this year. December was a week at Disney. I'm excited to see where she goes in March. I have a set of tenants who own 3 Harley Davidson motorcycles. They go to bike week in multiple states each year. I have a friend who, cashed $100k out of his retirement and upgraded into a nicer home. He did some remodeling, and purchased a brand new truck. He eats out at restaurants twice a day even though his mortgage has doubled. He is also treating the "less fortunate " to dinners out multiple times every weekend. I'm completely debt free including no mortgage. I worked 58 hours last week and have rental income. I'm still trying to figure out how these people can afford all these luxuries. I've priced hotels in hopes of taking a long weekend. I quickly changed my mind and decided to visit friends who live near vacationing areas or own lake homes. The music will stop and this won't end well. I can't be the only person shopping at TARGET saying Dayum these prices are high. I can't be the only person who is glad to work overtime to pay the heating bill. I can't be the only person who choose to cook after a long day at work because restaurants are so expensive.

[@botaccount3449]

If gas prices rose to $10 a gallon would people stop buying it? If homes go up, would everyone live in a tinfoil tent? No, they would stop with the harleys and vacations… a home is a necessity. And unfortunately a commodity.

[@albertopazos6581]

That’s something called living life

[@keysersoze1537]

Funny because I call those folks cartels because it seems I’m the only one killing my self working and saving while these folks out here are dropping literally 200-300k over asking for homes that are literally crack houses

[@sawyer4981]

You are not alone.

[@ericchan5055]

You know times are getting tough when Kevin took on a new gig as a newscaster

[@lboss2012]

Leverage

[@MrMobi007]

only 2 million a month instead of 3... gotta hustle harder

[@bee3ceo]

War war war eff the house buy a GUN plenty of GUNS oh.. and food, plenty of food

[@staceyruff2966]

I follow real estate a lot and this was extremely informative in a simple layout. This is why I love Kevin. I look forward to more real estate videos if that’s where this is going

[@whatsapp5579]

kzbin.info/www/bejne/ooCXh4VsaaudntU

[@vulcanpilot-go7dj]

When can us 1st time buyers get in the game? This is depressing to 90 % of us with regular paying jobs who don't have 100k sitting around. There used to be the option to rent an apartment and save for a couple years... now 2 br are $2400

[@malicant123]

I'm beginning to believe that the answer to that question is, for most of younger generation, "you don't"....

[@Boxing24101]

You dont buy now. This has to atleast normalize. Get a home with roomates or if you have a significant other split bills down the middle..."survive" until this shift happens.

[@iishyxvietxboyii]

We have over 200k for down payment and can’t find anything decent. It’s a supply problem more than anything.

[@derekdavids4844]

Dead on....im in same boat💩

[@Alex-mo9qt]

"Youl own nothing and be happy" vote accordingly

[@marrywhowanna]

In markets like Vegas, the hedge funds are driving up the market, plus there is a flood of new homes entering the market soon. It might be the best example of volatility in real estate. When the avg household income is 56k and homes are selling for 500K, with 20-40k over asking, one has to wonder how it all ends 😅

[@alexguolo5872]

youll own nothing and be happy is how it ends

[@ryanmonk429]

Ontario is a disaster, 1 bedroom condo from 1989 going for 550k plus 600 per month condo fees lol

[@smartcookiefinance]

Ya Vegas will definitely be interesting! Crazy how much prices have gone up

[@geeteshiyer]

BAy area - 600k over asking and people are still losing bids . It’s pandemonium here

[@MercBaal]

Over 500k is high??? The national average here is nearly $750k and average household income is $62,900k.

[@ceciliaruns72]

I took forbearance for 6 months, paid all my post-divorce debt, refinanced at a lower rate/lower payment and FINALLY got my ex off my loan! WIN WIN WIN!

[@GAMarine137]

Smart move.

[@Jack-russell103]

Did it affect your credit score

[@christiancubacub]

Kevin, this format is so refreshing and gives a vibe like I’m getting a 1 on 1 coaching!

[@azrnzala]

As an engineer making 300k a year in the pacific northwest. I cannot buy a house thats worth it around here. 1.6 million dollars for a shack. If prices keep going up, I will be priced out forever.

[@C65852]

also as an options trader that play both sides I will warn you all who will listen: long term shorts across the market are already priced in with higher premiums than their long counterparts for the same expiration dates concerning ETF's that follow the S&P, DOW, Etc.. this means that the "smart money" is already betting on the market en-mass to drop by April (considering that the contracts have already all been bought to cause the increased premiums), odds are that the market is going to be dropping from now until and beyond then. best of luck to you.

[@botaccount3449]

Thanks makes sense

[@HyDx49]

Please collapse... The housing prices are stupid

[@AdjustinThings]

Housing collapse would be bad for EVERYONE. At least if they stopped inflating for a few years it would be good.

[@Moongod2500]

With u on that one . Waiting for it to buy . Prices are insanely high per sq ft

[@Atgul-z6o]

There’s always van life

[@justinminer1354]

You'd be better off shopping around for a higher paying job than crossing your fingers for a housing crash.

[@craigf.5602]

Please wait until I sell my home in homeless California

[@doctordistracto8390]

Kevin rebranding as a real estate channel in February means Kevin will be posting a video in August about how he sold all his real estate.

[@Nick02718]

Wait why would house price falling 3% cause people to panic??? We want less inflation... Wait no, not like that.

[@meladeenoble]

The real “Meet Kevin” is back and crushing content! Keep up the good work!

[@Daniel-ib6ki]

I saw the "real meet Kevin"a few weeks ago when he show his true colors bailing on his followers misleading them in the stock market for soo long, makes me sick of my stomach

[@meladeenoble]

@@Daniel-ib6ki get over it!

[@josh930]

You mean... no more pink hair!?!? :(

[@tylerreeves3844]

One thing to note though about the 2018 3.8%. If you look at the graph of the 10 year treasury, literally almost the day it hit it's peak, it began falling and did not stop all the way through the end of 2018, 2019, and finally bottomed in 2020. A big reason why housing recovered at the end of 2018 was due to the Fed's lowering of rates at the time. I don't think we will see the same scenario this year

[@Eric-yf2nu]

Exactly! Was surprised he never mentioned that was the reason prices came back. Home prices would have only dropped further if the Fed didn't step in.

[@SmartestDumbGuy]

I was thinking the same thing. 🤔 Are we mistaken... or did Kevin miss that most important detail?

[@At9ra]

Obviously, how could fed lower rates any more than 0.0% lol

[@Itslvl]

I’m liking this new format kev‼️

[@khanfauji7]

I like the iPad format too.

[@andyholder6039]

Price vs wage is my concern. Also talking with prospective buyers banks are not wanting to loan money with 20% down. Eventually inflation and interest rate hikes will hurt.

[@DadsGotADeal]

Are people saying banks want more than 20%?

[@DrainCleaningAUSTRALIA]

I'm liking the new style content Kev! 😎 Following from Perth, Western Australia! Much love to you and your followers! House prices here are stupid high too!

[@Rob_G716]

Missing a key factor. FNMA/ Freddie Mac have 1.50-1.75 padding on all high balance conforming loans, 2nd home pricing, aligned with investment homes. This is for all loans delivered as of April, which wasn’t the case in 2018 with yields over 3%, pricing today is aligned with a 10yr at 3%+ Im a lender in Orange County. When the 10yr hits 2.5-3.0 pricing will be higher then any point in the last 15yrs. This is something Kevin is not aware of. Such a huge factor.

[@RealLifeFinance]

100% Agree. April shock will be huge. Lender here in Seattle area. Already seeing buyers stop chasing prices. The buyers who can't stretch anymore are now out. I've lost 20% of my buyer pool since December.

[@RealLifeFinance]

2nd home markets will definitely stall out if not drop. Year ago rates on 2nd homes 3% - April 2022 4.5%-5%. Add that to houses 25% higher in price and you have a shock

[@splityourwig99]

@@RealLifeFinance so you are saying there will be a shock in April driving prices higher?

[@RealLifeFinance]

@@splityourwig99 prices on loans. Cost is going up to get a loan which may cause demand to drop

[@TheHeros10]

Should I buy a home now or wait?? Looking in Denver

[@Inaam1Khan]

Glad to see you didn’t actually quit Kevin :)

[@peteyg]

Rent prices will continue to rise, which can lift real estate prices too. Interesting storm brewing, it'll be interesting to see how it all pans out

[@danalaba]

Kevin, this is great. You are on the right track. We need information that you are good at explain in a simple easy way. Let us draw conclusion.

[@mehtacotute]

Banks and investors are really the driver of housing market rise here. Could see a big collapse when rates rocket imo. It's really a mix of things that could all happen at once and cause the bubble to burst. Fed could raise rates 50 basis points next month. One thing we can always count on - the fed doing the wrong thing and then the right thing to do collapses markets.

[@botaccount3449]

No chance, theyre using homes as commodities. They can afford to hold. The goal isnt immediate profit, its long term control.

[@lutor3k]

Good to see you talking about something that you actually know about.

[@jjb3406]

I bought a 4 bedroom 2 bath house on 2 acres fully fenced with 2 acres worth of water rights. Paid 375k FHA loan put 4% down, Moved in this past November.

[@wealthintruth6227]

NV?... Paid 21k for a 3/2 in Lyon County several years ago. Its 315k... if Zillow is right?

[@derpherpp]

Let me guess it’s in the middle of no where

[@jjb3406]

@@derpherpp it’s in Oregon, out skirts of a medium sized town

[@jjb3406]

@@wealthintruth6227 wow that’s a good deal!

[@TwoLargePizzas]

So basically it is more expensive to be a buyer of a home right now.

[@mattsarff2793]

Kevin i love this video format. Keep doing these.

[@jfausset]

Kevin is basically a local news channel version of nationwide economic analysis. He shouldn’t be taken seriously.

[@networth00]

Exactly.

[@hmangaihsang4743]

Kevin you’re the man you admire me a lot I learn so many things good stuff from you. Please we need you market live stream open and market close live stream back 🥰

[@chaiyokotechompoo4417]

Eviction moratorium really kill real estate. I have three properties. I will sell all after get the tenant out.

[@trydiy2861]

I'll buy with tenants

[@ryanwalthuis1928]

in the 70s inflation era housing prices increased almost double as interest rates went up. basically we saw house prices rise as interest rates rose. that was because we also had wage inflation which we are seeing. to be honest those that owned homes during the 70s made great money. since 2012 investors have been buying properties. i fear that this is planned. if they own 80k plus houses like blackrock does then inflation will make them filthy rich.

[@0529mpb]

We also had conventional assumable mortgages. We don't anymore.

[@MeetKevin]

The data disagrees - I'll make a video explaining. Oversimplified to just look at the nominal price chart. Coming soon...

[@ryanwalthuis1928]

@@MeetKevin I hope your right about this. we need prices to come back down.

[@Li-yt7zh]

@@0529mpb often overlooked, glad u mentioned it. Mortgage assumability is a huge factor in all pricing directions

[@freeestyleobsessed]

*filthy *richER lol

[@jamesbroomfield7799]

Real estate is a fine line. The homes still need to be affordable for middle class ppl. You cant just buy a average home for way over normal price and rent it out for 2700 a month. Most ppl cant afford 1800 or more a month. And in seeing regular cookie cutter homes going for 1600 or 1700 or 1800 a month. These type of home would normally be 950 to 1000 or 1100 a month etc. Ppls wages have not gone up. Most ppl are still making 14 or 17 or like 20 bucks an hour.

[@WhatEverItTakes987]

Great video it’s precise and to the point. You explain things in a manner that is simple to comprehend. Definitely sharing this!! Thumbs up

[@mychannel-jq2yl]

It's really simple. The stock market is tanking. Housing will follow. Give it a few months.

[@botaccount3449]

Lol, theyre not connected in the way u think.

[@josh930]

That simple? You think the market is tanking? Make sure you don't by at the top when fomo hits you!

[@kathrynyuewang5561]

Love the new format, very informative

[@melvyncorreia]

Does Kevin have a red room when things are gloomy and markets going down, and a green room when its the other way round for the market?😀

[@maneeshanand7534]

Well… part of the wage/price spiral is increase in wages. Inflation of 4.6% on shelter combined with commodity prices doubling makes existing homes a recessionary hedge. I would worry about discretionary spending such as travel/leisure, food away from home, cars, concerts, etc. There are also so many buy the dip investors in the housing market that long term prices should be unaffected.

[@ricksanchez6676]

Some key points need to be acknowledged to understand why housing market will not collapse. 1) Buyers come in summer 2) job market is still booming 3) Fed balance sheet runoff of MBS will raise housing prices 4) MOST KEY POINT - ONLY 800k houses available in december last year. Inventories are low. 5) Fear. Fear that we will become like China where apartments are 1.5 million dollars and that this is the last chance to get a home that can be afforded.

[@matthewhunty]

Kevin good to see you back. I hope you’ve left that stock market stuff behind you.

[@nicksearles3996]

Thanks man, nice to see you smiling

[@carlcolvin8320]

In Reno Nevada housing sucks big time The average cost of a house as of January 2022 is $ 650,000.00

[@spldrong]

This is why I subscribe

[@maverickg1622]

Real estate Kevin is back!!! Thank you so much for returning to your roots 🙏

[@adriangonzalezre]

I started following you when you Allways talked real estate. Thanks for coming back😉

[@brewdog8568]

Trying to sell right now hoping to sell this spring before the home prices pull back 🙏

[@american5564]

Don’t do it. Just re finance. We tried to do that now we can’t find a home.

[@dougquinton4040]

@@froggy9068 renting can be a painful experience, better to own your castle and know where you are going.

[@dspirea]

@@froggy9068 it’s better to own an asset and leverage it then sell it out right. Please reconsider.

[@sean4060]

@@froggy9068 It only makes sense to sell if you own multiple properties. If you just own 1, its a mistake. Because you’re gambling. Trying to time the market which is like playing Russian roulette

[@brewdog8568]

@@southernmountain going to wait for the pull back in the marlet also we want to invest in rental multifamily and just rent i do not want to own a home right now unless it pays me

[@bowhemian]

I like this man..no bs, just solid info.

[@veeco3110]

Holy crap! Meetkevin doing something g real estate related?! Did I just pass out in a time machine and wake up in 2019?! #newbvspro

[@javierquiroz9320]

The stock market people are mad at him so he’s trying to slide back into the real estate people a lot change in real estate since u been gone Kevin 😂☠️

[@susanthis1741]

Good stuff. Bravo!

[@coronnation8854]

Thank God you started making some Real Estate vids again. The other RE KZbinrs are purely cherry picking graphs and figures to predict a housing crash, because crash vids produce hella clicks. And they make the same video every 2 days.

[@bonnemoms5413]

Trying to move out of state and the market is flipping crazy in Goldsboro NC. I'm struggling even with more than double the budget of our last house. It's nuts

[@monicagaldamez1800]

Thank you for the work you do.

[@zwriter3658]

I am almost convinced Kevin is an Alien that does not need sleep

[@jakekilts364]

I’m an agent. Market is crazy. Offers at 50k over asking in Illinois suburbs. Just started about a week or two ago

[@MaxPaff]

As a college instructor, I’m a bit jealous of all of Kevin’s expo markers. If you’re an educator you feel the same 🤣

[@88MetalMania]

I would also if it was the 1990s. Must be a collage thing, at our University its a tad more modern than "white boards" lol

[@GordonLFinch]

College instructor AKA Marxist piece of s***

[@siamean1]

I bet they smell awesome!!

[@miksilv4576]

KEVIN HOW ABOUT CURRENT Extremely OVER VALUED PRICE OF SQUARE FOOT

[@miksilv4576]

@@GordonLFinch Price of current EXTREMELY OVERVALUED Square foot . Price of square foot in CA is about $400 per square foot

[@YoshioGraham]

Very informative video, Kev! Always appreciate your real estate market updates 🌆

[@Palantir_Daily]

Yessss. Finally a Real Estate Video

[@femoris8502]

I just became an agent and hung my license about a week ago. I have my first buyer consultation on Thursday and there’s some good things to talk about here and some bad things lol 😬

[@networth00]

In my city there are 4800 agents and about 500 listings. My friend is an agent and said every buyer has made offers and gets outbid by "cash buyers". It's hard to find anyone a house in this marker, plus you're up against foreign buyers and investors. Good luck.

[@stampedetrail2003]

Dye your hair crazy colors? cut if all off? It just grows back! MeetKevin you really are the Final Boss.

[@nickyDschmidt]

thank bro i needed more real estate content from you

[@whatsapp5579]

WhatsApp✙❶➌⓿➍➌➒➏➐➏➏➋

[@lucasmcdonald9306]

With institutional investors (i.e. CASH) buying up 18% total single family homes last year, and continuing into this year, don't you think the traditional headwind of increasing mortgage rates won't be such a headwind?

[@brandonkelbe]

Yeah people don’t seem to understand this is completely different than a typical market. I don’t think we will EVER see prices go down again. Not drastically anyway. Coupled with inflation, buying a house at $250k in the future will look like a steal.

[@sweatyredbull]

Kevin you’re so good on camera. I miss the real estate topic nicely done

[@BruteCoach]

You rock, man. The whole research, presentation - top notch. Thank you and greetings from Bulgaria.

[@NewsThatMatterUsa]

Great video Kevin , keep bringing the content my man I love it. Great info as always.

[@NLPWSINSAY]

My favorite guy on utube thanks for all ur hard work and dedication family. Big Oakland Ca support and salute. 🔥⬆️💯✊🏿✅

[@johnreinhart9599]

Great video man always enjoy the real estate 👍

[@ashleymarie6682]

As a seller i cant sell to someone for a discount if i have to take a loss to build or buy myself… prices will keep increasing just slower

[@crich1218]

This video should be titled "Real Estate Forecast"... you were born to be a weatherman my friend.

[@vt1707]

Kevin is our man for deep diving on information like a pro!

[@warmijo10]

How do corporations like Black rock affect buying pressure? I don't think these kinds of corporations are going to stop buying 😓😓😓 don't wait to buy real estate, buy real estate and wait seems to be the way🤔

[@jasondegg3106]

Thats the thing. I dont think we've ever seen such a low amount of homes available for purchase while demand is sky high.

[@botaccount3449]

U both get what’s happening. Thanks for being smart.

[@sourishsaha8067]

Jesus Christ in Miami it's wild wild West for trash inventory. Bad condo buildings, some too old some in danger of sea level rise and often floods and they're getting sold at twice or thrice the price that was listed in 2016-17.It's like the Big Short sequel in live

[@CapnAhab89]

Thanks for the video and the good information. For a gentleman like yourself who as much invested in the market, I understand you seem concerned the market will go down. Meanwhile, folks like myself who are prospective buyers are hoping prices go down. I look at these outrageous prices and it ticks me off to think how hard it is for an average person to get in right now, especially with the risk of a substantial drop after they buy and now they have negative equity. Just my .02.

[@500stoney]

If inflation continues, you will continue to get higher asset prices. The demand is outstripping supply so much, interest rate hikes will be easily absorbed by buyers who will want to buy before prices go even higher Thus you will have higher home prices even with higher interest rates

[@haydennoel362]

This is assuming wages will increase at the same rate as inflation correct? So far that has not been the case.

[@brandonkelbe]

This.

[@brandonkelbe]

@@haydennoel362 wage increase? to keep up with inflation? You clearly are not familiar with corporate america.

[@gageschultz6019]

Legend. Your the 🐐 Kevin! Thank you once again. I miss your live market opens and closes 😢 😪 😕 😔

[@saintsavage5453]

This is why I originally subscribed love the Real estate videos

[@youwebz]

One point you’re missing - lent up demand will not last as long as inflation which will pivot into stagflation.

[@pattoniouschris1176]

Kevin woke up today in a FUD kind of mood today.

[@derekross6649]

People hate on Kev yet his sub rate is still the highest its ever been.

[@triciab7750]

Very sad when hardworking families cannot afford to buy a home. Investors getting rich though😕

[@muddyriverdogz]

Thats why nobody wants to work. Whats the purpose.

[@ShootersShoot17]

Kevin you the man! Always updating all of us everyday. I just want to say thank you.

[@stockdetective4396]

At some point it has to break. People will be priced out and supply will come back. The question is when. I will be in the market in about 18 months from now and already dreading it.

[@ArturoSanchez-rl2kv]

Unfortunately Feds already called out a 2% incremental increase thru year 2022. I can only assume the house market is going correct (home value decreasing) otherwise nobody (average middle income family) won’t be able to purchase nor rent a home.

[@Dance1617]

There has also been a massive increase of new builds over the past year.

[@Ossu]

Once AMC squeezes I will buy my first investment property

[@thenewage9723]

I am closing in on holding for a year than I hope squeeze happens 🤞

[@beachrentals1377]

Good luck!

[@JohnJohnCrusher]

It already squeezed to 70. U forgot to sell. Company diluting into newbie's faces going to 10 then probably 1. Get ready to learn a painful lesson

[@Ossu]

Lol John John riddle me this. If it already squeezed to 70 why did Short Interest remain intact. 😂 good one though

[@angelfortruth12]

Love this video! The people who comment who aren’t in real estate crack me up. Keyboard warriors, with no knowledge of the market they aren’t even a part of.

[@Dutchman294]

It's probably because they can't afford it, not because they don't want to be in the market....And you're laughing at em?

[@raymondmay2136]

house prices are not going down....

[@farhandahir3566]

We will see

[@CeboAquatics]

Kevin, can you discuss the situation of Corporations buying homes VS families buy homes as Primary home.?

[@kowalskivideos6476]

Markets always go up and down. This can’t keep going up forever these prices aren’t sustainable long term

[@carrion_man3700]

Yes! More real estate!

[@javierquiroz9320]

Nah he neglected us before with stock market theirs a new realtor in town now Kevin 😎

[@kariajimit]

Awesome info and perspective , thanks Kevin !

[@KirstenSunesen]

In Canada, people line up down the road to view a house and make an offer. RE is gonna be fine for a while.

[@faisalakrami9868]

Finally - good Video and exactly why i follow Kevin. Keep ‘‘em coming sir …how about a video soon showing some of your recent deals and going over them in detail. Ty

[@TeslaSifuAndy]

Feels like you are getting your groove back.. Super glad to have you back!

[@wintersoldier3781]

Well companies will never lower there prices even if inflation would go down

[@kimferzoco6755]

They will if they can’t sell.

[@djinkieta106]

First time watching this… I’m hooked on his mic😆

[@smartcookiefinance]

Super helpful, especially if you are considering buying into real estate right now!

[@dwightschrute6333]

Another great video! Thanks 🍻

[@J.Shabazz]

Too many old houses in America, houses built in 1989 and older make up 71 percent of the housing market, 29 percent of houses built in 1990 -2009! Houses are overpriced and old. We need to develop more Condos like they do in Asia. We don't need big homes; people are not making big families! America caught up!

[@josephsm7723]

Agree. The quality of the inventory in the market stinks and it is lots of old properties with no value add constructions or quality materials used in renovations/upgrades. I'm not for condos only because HOA's are gangsters and that fee sucks. Standard homes with scalability over time for if you want to do the family thing or not. Build up rather than out at that point.

[@J.Shabazz]

@@josephsm7723 I agree, forgot about the HOA's

[@NextDrDrew]

Yes! Glad to have you back!

[@two_row]

Love Kevin

[@j.p.6228]

Damnnnn the old school Kevin!

[@neomatrix1467]

I'm excited to see some real estate videos from Kevin