Today's analysis is literally an example of what it means to be clobbered with value. So much useful information and all so clearly explained. Gratitude.
@Ganon64-s4k7 ай бұрын
In my area I’m seeing new listings of homes bought in 2020 . I guess those buyers are having buyers remorse.
@agentcrypto77417 ай бұрын
I’m seeing that but for properties bought a little later 21’ + I just laugh. It shows pending then final sales price is 50k over and they try to sell now at ATH just to break even.
@parkerbohnn7 ай бұрын
Selling to buy gold and play the demise of the U.S. dollar.
@JonSmith5317 ай бұрын
Inventory is growing fast and prices are coming down. This is very optimistic! When prices come down people don't have to spend so much of their monthly income on a house payment. This means more money to spend on other things which is good for people and the economy.
@raymond_sycamore7 ай бұрын
Amazing to see the 2017, 2018, 2019 inventory data vs. today because NOBODY is showing it this way! Thank you !
@piRatCaptain7 ай бұрын
Real estate is changing rapidly. They try so hard to not use the word crash . Ever
@Palantir_Daily7 ай бұрын
16:45 - 17:00 perfect summary of your comment.
@toinengwyn39357 ай бұрын
I don't see the downturn picking up steam until the recession hits and unemployment rises rapidly.
@Ja567807 ай бұрын
In Miami there’s a ton of luxury homes and condominiums on the water sold. Home sale outside of the city within the county at more “affordable prices” have been stagnant at best.
@alyross28507 ай бұрын
I think a lot of these pandemic boomtowns, and most of FL, the market is going to depend on investment. In the case of FL, will the investors still want to deal with the crushing insurance and taxes? I don’t think they are going to see the influx of retirees until something down there breaks.
@LumpsIsHigh7 ай бұрын
Are these data points sourced from RMLS or an aggregate? Agents are being shady on price cuts outside of RMLS, particularly Zillow.
@Zooooman7 ай бұрын
ty for doing miami
@5harkbyte4607 ай бұрын
People should be asking why mortgage rates would fall, especially against the backdrop of a tight market in a questionable economy. Fed will drop rates only if they sniff out max pain or unemployment. In either scenario, that is not bullish housing. If anything, mortgage rates lowering will increase liquidity for SELLERS, not buyers. I do not believe the demand side of the equation will outweigh the supply side if rates ease a bit from here.
@thesoccertrotter17 ай бұрын
They're not gonna fall. In fact they should have never been that low to begin with, 5% imo is too low. The banks make nothing investing in bonds, and when the fed tightens they are worth nothing.
@nonexistent50307 ай бұрын
Market is "trying" to "grow" Not doing a very good job... Feels so good living below my means without leverage!
@raymond_sycamore7 ай бұрын
It's a way of life few understand.
@ohanachemdry8087 ай бұрын
Okay....let's see what you have for Oahu....mainly Ewa Beach ⛱️ 😎
@SigFigNewton7 ай бұрын
Wow. So in my market prices will almost certainly be going down
@zztops45047 ай бұрын
Zillow estimate on my house was $167,200 until 2/3 weeks ago before suddenly jumping to $222,000. Now it's $227,100.
@mle38577 ай бұрын
Real estate is doomed
@bitcoindaddy17 ай бұрын
Like what happen in 2008, which had 5x @4 million homes more inventory vs now, and a median price home cost 100% more now?
@raymond_sycamore7 ай бұрын
Not really.
@Palantir_Daily7 ай бұрын
Tell me you don’t understand RE without telling me you don’t understand RE.
@Murdgroup7 ай бұрын
you watched 52 mins of video and that’s what you got out of it? Maybe try using subtitles
@bitcoindaddy17 ай бұрын
Here’s everything in nutshell. The feds will be forced to monetize debt meaning they will inflate assets by destroying your dollars. So ppl will naturally hide in assets ..the question is what is the fastest horse in the asset inflation race not either you should or shouldn’t be in cash
@parkerbohnn7 ай бұрын
When the buyers figure it out prices will have doubled and tripled then they'll be no inventory just like now.
@ebutuoy50887 ай бұрын
Rates are not going to stay higher for longer in 2025.