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Interest rates dropping aren’t gonna save real estate 😂😂😂
Why doesn't anyone ever talk about how printing money devalues it and the roll that had in this mess? Why?
The real problem is most people's complete lack of taking responsibility for their own financial state, you don't make enough brokie!. They whine, moan and complain such as the comment section in this very video about prices being too high this, and prices being too high that, and have bought into the lie that the govt should do something. No, learn how to make money and you won't care about a "doubling" in house prices in 4 years LOL. It's truly pathetic the socialist mindset has crept into America. Learn how to make $20,000-$30,000 month to start….and then go up from there. Put YOURSELF on your blame list, not anything else. Broke losers mindset has infiltrated America. My point will be proven in any response to my post, of the people who are, "not everyone can do that" or "I have 2 jobs" BLAH BLAH BLAH BLAME BLAME BLAME.
Lower interest rates mean HIGHER PRICES. The real problem is not interest rates it is prices,and these prices have to fall.
lol at your prediction
Buy and flip those houses!! It works on TV. Most of all, I enjoy watching Barbie swing the sledge hammer while wearing high heels.
Lower interest rates means hedgefunds will come back to buy all the homes again. Prices will rise higher. Trump is a fool
Screw the realtors and bankers, they made their fortune the last several years. We need higher mortgage rates to make it crash 40% so things are remotely affordable again. Lower rates with be the end of the American dream as prices will jump another 30%+
As an investing enthusiast, I often wonder how top level investors become millionaires off investing. I’ve been sitting on over $445K equity from a property sale, not sure where to go from here, is this a good time to buy into stocks or diversify?
Prices need to come down AND we need lower rates, in hopes people learned their lesson on overpricing and outbidding on homes z (thank you Blackrock for creating unbalanced single family home ownership, taking affordable homes out of capability of individuals)
Never. Trust. What. A. Realtor. Tells. You.
Owning a house means high taxes, high rising utility costs, high repair costs, high improvement costs.
Need to leave America
Same with cars.
Investment groups are going to be buying up all the houses at low rates. Consumers wanting to buy houses are going to find it very hard.
Every idiot but Trump and the GOP knows that lower interest rates make houses MORE EXPENSIVE…….. The PROBLEM IS LOW SALARIES. SALARIES HAVE NOT KEPT UP TO REALITY
We are also seeing signs of a recession.
We can't afford the house regardless of the interest rates. They blew up the market with a low rate in the pandemic. Houses are no longer in line with incomes, regardless of the interest rate.
Lower the rate does not change the price…
Mortgage rates don’t come down immediately after the interest rates come down. Go see the chart if you don’t believe me.
Low interest rates means more demand and more demand means higher prices. Can't win either way.
"Consistent pressure from trump" aka TARIFFS !!😂
I call bullshit. You didn't talk to a mortgage banker. Firstly, comparing mortage rates from Covid, which was an all time low, to now is ridiculous. You failed to provide any context or explanation and just cherry picked numbers to make your point. Second, how much did mortgage rates go down the last few times the rates were dropped by the fed? They went up. You legitimately dont know what your talking about.
-A mortgage banker
Ridiculously high prices, high taxes, high insurance costs with less quality homes 😮 interest rates are not a concern anymore
Analysts anticipated a modest 3.5% annual increase in home prices through 2027, I think that has been the slowest growth from 2010. factors such as mortgage rates, construction costs, and broader economic conditions, including the impact of recent Trump’s tariffs on building materials.
House price is are expensive but also that increase the home insurgence, property tax, HOA, maintenance cost due to labor and material, closing cost and capital gain tax. Good luck.
what is not understood is employment thru housing market and real estate is not sustainable in long run. There reaches a saturation point where you have enough homes where construction will slowdown. Housing market is one component of economy and job growth and if you put all eggs in one basket you will have issue. Because housing market or real-estate is given so much importance, it has inflated home prices and inflated insurances and construction labor market. To fix these problem we have depended immigration to the point where majority of the people view immigration as a problem.
No one is going to buy because they don't know if they will have a job in the coming year..
If the mortgage rate goes down to 4% that $400,000 house is not going to be $400,000 anymore….
Interest rates are not going to matter when there is such a huge gap between wages and the cost of living and 400,000 for a home is not
Practical for a middle class that has become nonexistent…