Barron’s associate editor Andrew Bary weighs in on the real estate market and provides an outlook for home-improvement stocks.
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This is just the beginning.
✔️Mortgage rates will cross 5% and touch 6%.
✔️Buyers who pre qualified at 3% are no longer qualified during closing now with 5% Mortgage rates leading to CANCELLED CONTRACTS in spring/summer.
✔️Foreclosure stopped for last 2 years will start hitting the market.
✔️New construction supply will start hitting the market at the same time
✔️The wallstreet ibuyers will start dumping their real estate purchases once they realize there is no more price appreciation left.
✔️It takes just 1 house on the street to sell at 10-20% below asking to start the trend and pull values for the remaining "comps".
A crash is inevitable.
The Smart ones are raising cash …saving money 💰💰… Getting ready to scoop up properties at 40-50% discount.
Close your eyes…ITS MIKE TYSON TALKING…lol
Anyone buying a home right now, good luck with the coming housing crash…lol. Few more months and $600K homes will be $200K.
The housing market is hot…..for institutional investors. Let's be real here.
w r not dumb …..its normal ur normal ……u get nothing …..total rip off ….total huge rip off ….pop in ….and try to buy me ..not stick around …….boooo……poor character ..
People can rent. Glad I got my house.
OSB is $60 a sheet again that is why the stock is down. Everyone is waiting for prices to drop to be able to afford to build
"and it was at 1:37 in to his interview he realized he f'ed up"
– whoopsie🤣
My first home was a Lennar home in MD. I’m lucky my house now in GA is at 2.25% interest rate, down from 3.25% when I bought it almost 5 years ago.
Won't you take your little graphic that you guys want to talk about and go back to 1930 or something when the first bubble popped and then let's see what happened to '08 then we would see what happened in 2022 not just your little snippet of time f**** idiots 20 years ago I paid $600 a year in taxes today I paid $2,500 a year in taxes where does my money go cuz my road ain't been fixed in 20 years I live in Illinois
The tv brainwashed tax slave loves his corporate media masters
I didn't buy my home to sell it. What good does it do to make 50K profit when everything else has gone up proportionately? None!
The freaking wisp on this moyshee is epic..
White mike tyson
Ensure transparency please
Houses went up about 100k in my area in the last year
Total BS and a FAKE market in real estate market. CONCEIVABLY AND POSSIBLE ? HAHA HAHA SCARY SCAMMING
GOOD for the sellers. It may calm down after the 2022 election; we hope….
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as a multiple home owner, LOVING THIS MARKET
Bitcoin and crypto currency is more attractive to investors
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It’s always interesting trying to figure out how certain people end up on TV. For instance, CNNs Brian Stelter….. Or THIS GUY!!!!
They fail to mention that there large Companys buy up used housing and raising resale prices. You need 6 digit income to get financing . This is bad.
Tweety's cap on homeowners' federal income tax deductions was the bigliest tax hit in decades. I don't expect anyone to reverse it, but we should all remember what Tweety did to over 100,000,000 American homeowners. Almost takes away the incentive to buy instead of rent.
Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategies