Redfin CEO Glenn Kelman discusses the housing sector amid rising interest rates and volatile markets and offers insights about the remaining fiscal year.
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No matter the stock market crash one needs to have different portfolio, I already invested in Forex and Crypto which are really profitable
We realize how bad these last twenty months have been, now if the idiots in our government could only get a clue! "Zero" inflation in July, no recession, inflation reduction bill and fake news and out right total lies—FJB!
If these companies need money, there is a way to raise it without interest payments. Issue stock. Or see the stocks you bought back. An easy concept George Jetson would understand.
How is anybody supposed to afford to buy a house when every day goods like eggs are up over 100% in price
Dave Ramsey
The prices NEED TO FALL. Houses that sold for 220000 in 2018 are selling for over 500 K now . Why do the SO CALLED Experts always think that it's beneficial to keep the bubble inflated. If you bought at the peak and the price goes down 30% Tough luck on you.
It’s not bad if stocks go down. It’s super inflated as most assets are. But when we have a recession in the next year don’t worry. Hell make tons of money when the feds balance sheet goes from 9 trillion to 20 plus trillion.
It looks good to pay people in stock, but I think it’s absurd employees base their life purchases around their stock portfolio. Haha it’s funny though cause a lot of workers paid in stock are screwed so they leave one tech company to go to another
Is it just me, or is this guy have the creepiest nice smile ever?
The fed could stop printing money.
Bull market return? Or Bear market rally? That is the question…
Geez, this guy is really "light in the loafers."
How did this clown who has helped to change the real estate market get his job ? He is making millions for what ? Just like all of them , he is getting rich off of his job.
greedy sons of Bichs that why
There is no way Glenn Kelman wasn't a hippie in the past. Probably still is.
What did he say ? when "things are UNCERTAIN"
people get nervous & well I have been in a housing
market crash & I KNOW HOW IT FEELS so that's why
I'm not going to take ANY CHANCES on moving unless
I have a TRUCK LOAD of $ to buy on the SPOT ! ! !
So till then I'm staying in this dump cause we're too
old to lose everything AGAIN at our age.
Weirdos like this guy want a collapse so they can pick the bones
What an appealing guy! I need to do some research. I hope he’s as solid as he appears.
WHERE ARE THE CHILDREN !!! WHERE ARE THE CHILDREN !!!
define help "help the housing market" last time i checked houses around me doubled and almost tripled in some cases. Let it plummet to the ground.
Is 3 months of backwards growth considered a recession???
Or are the communists going to redefine it again?
An idiot that gets to be a ceo
Transfer of wealth usually occur during recession, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market because I read of someone that pulled a profit of $350k within 6months, what are the best stocks to buy now or put on a watchlist?
The 'fun' hasn't even started yet sonny. I can't wait until home values drop 50% and realtors are standing in the breadlines.
Glenn it's going to be tough !
The housing market is NOT inflated; perhaps by a small margin in certain regions like the Miami and Tampa markets.
However, people need to remember that we went thru roughly 45-55% inflation in the two year period following Covid. Think I'm joking, look at the USD monetary supply; it was inflated some 35% in 2020 and an additional 25% in 2021. The numbers don't lie; the housing market, groceries, and commodities reflect it.
The housing market may cool a bit once early retirees stop using their 401ks to buy new homes for cash in warmer regions. With that being said though, we are not going to go back to pre-Covid lows or even highs.
The cost of a new suburban home for a middle class family is going to be in the $300,000+ range permanently.
What I fear most is that home ownership is going to be something of the past. If you didn't own a home in 2020 or prior; chances are you never will.
People simply can't afford them. Imagine if they resumed student loan interest and dues; this economy would be in a heap of trouble.
Your Vented what a joke
Since Biden's 1st day to date, Government Spending is currently 3.8 Trillion dollars!!!
This means that Inflation will Continue 🤬
This guy is lying to us all. End of story. He's got a business to protect.
You completely just gaslighted people on what a an adjustable rate mortgage is.
Psst we are in a recession. Keep acting like we all good and watch what happens