National Association of Home Builders CEO Jerry Howard argues a less hawkish stance from the Federal Reserve and declining mortgage rates will ‘help’ markets and home construction. #FOXBusiness
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We’re waiting for that interest rate and home prices to drop.
Pragmatically, in what world do we think first time home buyers should be qualified to buy new homes? Should first time car purchasers be buying new cars too? I know we're talking different asset classes here but what a first world problem to feel like it's a problem if first time home buyers can't buy brand new houses…
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It is going to be so fun to watch housing market crash and burn. 💥💥
Rocklin, CA Housing Prices Crater 17% YOY As Double Digit Price Declines And Soaring Inventory Blanket Sacramento Area
While I wait for a housing bubble to bust and attempt to avoid inflation, I recently sold a couple of residences in the Tampa area for a respectable profit, and I'm thinking about investing the money in stocks. But is now a wise moment to buy stocks? I understand it's a madhouse right now, therefore I'd love to hear how folks are consistently making significant six-figure profits.
With the way the market is moving, we'll mostly hold for longer than 2030 to realize profit gain, I think a video on "How to profit from the present market" will be more effective, I mean I've heard of people making upto 250K within few months and I'd like to know how.
Enough of this shitty news. We want more houses in the market and prices must come down to a more affordable and sustainable levels.
🌏😇Every family have that one person who break the family’s financial struggle, I hope you become the one
As long as MILLIONS of people come here from around the world ILLEGALLY or otherwise the home market will only go up.
Who cares let them get bent over and screwed . They had no problem gauging the crap out of everyone at the peak .
Making money is an action. Keeping money is behavior. Growing money is knowledge.😊
Duh
New homes are built in less urban areas with safer neighborhoods and better schools. It's not rocket science.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
Price is too high, and interest rates compound it. Blah blah blah
Start focusing on smaller dwellings. Homes for singles, couples and small families.
Yeah they also build cheap houses
These builders & suppliers need to lower their profit margins to get homes back to being affordable again!!!!
Just the beginning. It takes at least 3-4 years for administration economic failures to START to have a profound effect on the economy……it is just starting up…..any thing and i mean ANYTHING the Socialists touch will GUARANTEE turn to a pile of dung
builders concerned? lol
Ight but percent increase may happen however when you do add-ons, make business ideas, philanthropy, it makes it easier to spread the money cut costs and revalue the property which can climb over a 12 month or less period. Also depending on how many homes near you are filled or empty also factors in on the prices/rate and dnt forget area tax and mortgage
Hopefully all housing crashes 50% from 2020 prices. Nothing is affordable. Same with autos. Everyone needs to completely stop purchasing and let it burn to the ground.
Sold new york house donald trump industry in USA
Such a sloppy presentation Cavuto
FYI, real estate is the only conservative market left
A blind person could have foreseen this over a year ago. 60%+ gains in 1.5 years? Come on. Wake the hell up. That’s not sustainable in any economy.
I remember back in the summer when these Homebuilder’s were charging very high prices and then selling these Houses out from buyers who already had contracts on them and reselling the the same house for a higher price. They deserve everything they get!
The rich stays rich by spending like the poor and investing without stopping then the poor stays poor by spending like the rich yet not investiing like the rich
This is great news. Prices on homes, cars, and most assets, have only just now begun to decline. God bless HIGH INTEREST RATES. God bless, America.
Redmond, WA Housing Prices Crater 22% YOY As Seattle Subprime Mortgage Meltdown Accelerates
Supply Shortage 🙂. these people can lie with such a straight face – its incredible!
American builders generally build for the point of sale – impressive pointless roof structures that leak, checkbook-inspiring entry spaces, and minimal insulation. The sooner we stop building McMansions, mallscapes and suburban sprawl, which succeeds only as a Ponzi scheme based on continual growth, the sooner we can start over, and try to learn from more intelligent architects and builders in Europe.
the 5% up for new homes and 7% down for existing sales is fairly simple. New home sellers are company owned and they see the writing on the wall, they aren't in denial about the market like most mom and pop sellers and they will offer many more price cuts and incentives than most MLS sellers. After the doubling of inventory after the spring with very few buyers out there, sellers will adapt and get serious about the market. We might see a price drop of 25% or more in home values which will be a faster decline than during the 08 crash. There are more negative factors this time with this crash than the last one other than ninja loans disrupting the last one.
Hahahaha I love it. Capitalists are going to be eating poop soon.