WTF is Happening With The Housing Market?

How about all of the, “pocket listings,” (that also include foreclosures) accounting for over 25% of available homes that are for sale but just not listed on the MLS? Foreclosures could be 50% more than what’s stated because these listings are not part of the data. Not to mention, a lot of these sales can be shady and involve tons of fraud. So, they’ll show up in the sales data and affect your taxes but we also can’t sure that these sales aren’t being facilitated for nefarious reasons. HUD really needs to compile a list of these properties because it is absolutely not between 3-8% like what’s stated.

What most people might not understand is that your property taxes and homeowners insurance rates will spike if you over pay for a home. If your property values had decreased to you can usually file an appeal on the property taxes depending on what county and state you live in. I also recommend shopping your homeowners insurance every year. These companies have no loyalty to us consumers! I shop my car insurance every 6 months and my homeowners insurance every year. I have saved thousands of dollars doing this and it only requires a couple visits to websites or phone calls. Always have your current policy handy so insurance agents know what limits to use. If your property has decreased in value based on recent sales in your neighborhood what the agent know!!! 😁🙃

So all the housing numbers are getting closer to normal. Panic in the streets. Doomers are morons.

Been saying it. Root =homes are only worth 4-6x LESS than what they are right now...

The 2008 crash was a bubble with houses around $200k~400k, what could we be looking at for a crash with houses around $750k~1m

Im starting to come to the conclusion that we might never actually see a real price correction. One that actually reflects the true value of all these extremely overpriced homes.

Housing trends, that's all is happening, you sensationalize the data like its a collapse lmao, housing is going back to being a investment, honor, priveldge and if you are stupid with money, the market will tell you to get lost, you dont deserve one. keep sensationalizing the data, otherwise your clicks will go down🤣🤣🤣🤣🤣🤣

Karen Way. Hilarious.

the median would barely move even if most sales are happening at 750K+ since the quantity of those 750k homes is tiny out of the entire home supply pool. The average would go up though.

There is a small condo association that was a cute 55+ community in my area. Usually there are 2,4 maybe 6 condos for sale in this community. 40 residents are selling and trying to get out. Cute little community for retired people. And if I were retired I’m not getting up and moving for no reason. Only reason I’m moving is family or unaffordability.

When humans started needing 2000 square feet per person to be "happy." Lol! Two adults and six kids in a 200 square foot dugout in Nebraska, and y'all did fine. Lol!!!

I don't think this guy has been right about ANYTHING surprised, so many people still listen to him

You remind me of the USA .

Seems to me that housing prices are still on the upward rise !

The disgusting part is that seniors with paid off homes are loosing them for not able to pay their new appraised property taxes, then the government takes their home!

Rinse and repeat videos, nothing ever happens

Sounds to me like you're not factoring in the end effect of the deportations. Those folks take up a LOT of real estate, and there are still plenty to go.

You have to work with Elon Musk? Joke my friend

I mean, I live in North GA, and you can't even find a trailer on a quarter acre for under $250k in my area, so that could also be why those sales aren't there. The properties are all insanely overpriced.

This guy has predicted nothing

I live in Georgia, there are houses that are $220k that were $95k in 2019. That's why I'm not buying a home right now. That is completely unsustainable.

1 million dollars will never be peanuts now. Come on guy moving the goal post 😂 .

The government funneled foreclosures to wall street then essentially outlawed them about 15 years ago. China style government bailouts were rolled out to eliminate failure, a natural and healthy part of any economic cycle akin to your body's need to eliminate waste. This cannot end well.

THE REVOLUTION HAD TO BE STARTED OUR KIDS ARE NOT BUYING THESE HOUSES ,,,,,FUCC THE GOV

DUDE THERE ARE NO JOBS WE BEEN SOLD OUT TO CHINA OVER 70 YEARS AGO

Price ranges should be inflation adjusted (@7:45). Of course less sales below 250K when 250K today is 350K.

What happened to the housing market? TRUMP HAPPENED that's what happened. He destroyed the entire economy.

Houses have went up in my area on average 58%

Allowing huge companies play stock market with housing should have never happened or been allowed. Using single family homes to cover growth retraction across the nation is very wrong. Making the ultra rich richer by increasing the suffering of the poor, disabled and elderly is plain evil.

Today you invest in 4- 500000 when you take a loan out on that for 25-30 years and expect to get a million dollars for it in 25 or 30 years, you have more money invested in paying interest money back and taxes on the property and upkeep. You gotta look at that too, and you're lucky if you break even.

Houses still need to come down in price!

Iran Security Council confirms US-Iran MOU finalized, immediate end to war in effect Iran's Supreme National Security Council confirmed Sunday that Tehran and Washington had finalized a memorandum of understanding (MOU) to end the war after months of negotiations, according to reports.

In a statement, the council said all military operations across multiple fronts, including those in Lebanon, will cease "immediately and permanently" starting Sunday night.

It also said the U.S. naval blockade on Iran will be lifted in full with immediate effect, according to Iran International.

Talks on a comprehensive final agreement will begin only after the other side has implemented its obligations under the framework agreement, the outlet said.

The statement also expressed thanks to Pakistan and Qatar for their mediation efforts.

The deal which is to be signed June 19 will reportedly start 60 days of discussions over Tehran's nuclear program and broader agreement. Please let all know that Trump is the best President ever!!!

Hey Michael. Can you please do a video on time shares. I would love to know your view on these.

Homes are overpriced now!!!

Housing prices are about to soar due to Trump's economic boom📈🚀🇺🇸

Just build a homestead

People buy at the top of their range of finances. Then when taxes, insurance and inflation raises faster than their income... bankruptcy and foreclosure. I bought at 50% lower than I qualified for. Gave myself inflation cushion. My taxes have doubled in the 8 years I purchased my home. Insurance 1/3 higher with the you must put a new roof on your home scam. Contractor said nothing wrong with my roof, last another 10 years. Had metal roof put on anyways. If I had bought at top of my range, I would be homeless!