The Corcoran Group president and CEO Pamela Liebman says ‘something’s got to give’ in the current housing market. #FOXBusiness
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THE KING OF MAGA FOR 20YRS HAVE BEEN A FRAUD MACHINE AND STILL IS
For 20 years, Donald Trump and his family enriched themselves through "numerous acts of fraud and misrepresentations," New York Attorney General Letitia James alleges in a new lawsuit that accuses the Trumps of "grossly" inflating the former president's net worth by billions of dollars and cheating lenders and others with false and misleading financial statements.
$250 MILLION DOLLAR LAWSUIT AGAINST THE MAGA KING
The civil lawsuit, filed in State Supreme Court in Manhattan, seeks a $250 million judgment and a prohibition on any of the Trumps leading a company in the state of New York.
THE KING OF MAGA OVERVALUED HIS PROPERTY AND KING STATUS
Among other allegations, the suit claims that the former president's Florida estate and golf resort, Mar-a-Lago, was valued as high as $739 million, but should have been valued at around one-tenth that amount, at $75 million. The suit says that higher valuation was "based on the false premise that it was unrestricted property and could be developed for residential use even though Mr. Trump himself signed deeds donating his residential development rights and sharply restricting changes to the property."
NOT ONLY DID THE KING MAKE FALSE EVALUATIONS SO DID HIS CHILDREN
We found that Mr, Trump, his children, and the corporation used more than 200 false asset valuations over a ten year period," James said at a press conference announcing the charges.
Can't you get the house and refinance when the market cool off
theyre building commie blocks in every nook and cranny in my area. of course rent is going down. meanwhile property taxes are RISING.
You home builders better start building homes in the 1700-2200 square feet range to get costs down. You know, the home sizes just like we lived in all throughout the 70’s, 80’s, and 90’s. Sorry for you folks who bought a 3500-4500 sq/ft house, nobody will be able to afford them. The world of “excess” that Americans have been led to believe they deserve, is about about to change back to normal.
I've been hunkering down for 38 years, guess I aint going anywhere
Yeah the housing market has been in rip-off mode for some time now.
I finally got a loan for a house, but keep getting over bid on pretty much everything except straight up garbage. I’m saving up on a nice higher down payment, with the help of my son.
its good news for homeless "squatters" – it means there'll be a good supply of vacant high dollar shacks around to hide from inclement weather in SINCE THEYRE NO LONGER WELCOME SLEEPING UNDER OVERPASSES
Arms are ridiculous
It’s only a matter of time before bitcoin hit an all time high again and this is the right time to invest for every new or existing investor out there. To make this work perfectly you need to work a digital assets expert like john he’s undoubtedly the best one
She is full of 💩 she is just cares about that all mighty dollar
I Look for foreclosures everywhere in a year or two, People are buying homes at inflated prices that will be worth less in a few years and if they have a adjusted rate mortgage eventually the interest rate will rise causing their payment to be more Soon they will be paying twice as much a month on a home that is worth less than they owe. I Live in Texas our neighborhood is small ( about 33 Homes) on 1 to 5 acre lots homes typically sold for around $450,000 to $500,000 we have people moving here from California paying $900,000 to over a million Dollars for our homes It has raised our property tax appraisals to rates that many people can not afford
theres no such thing called WORK LIFE BALANCE in USA nowadays
Don't listen to any of that advice. She must have an agenda cause that was some of the worst word salad I've ever heard. Recession will get worse, there will be a lot of foreclosures, stock market will drop by 40% by end of year. An ARM is the worst thing to ever do to get a mortgage! Literally everything she said is wrong!!!
Good now the prices can go back to normal
I lived in Vegas during the 2008 recession. I rented, at the time. If there were 25 houses down the street, about 10 of them had residents. The rest were empty with FOR SALE signs in the yard.
Now I'm in Arizona. I bought in June 2019 (thank god). My home value is almost double what I paid. I won't refinance. I won't touch it, because I remember what happened in Vegas. Loans were $350k and the home values were like $179k. And that's why people were foreclosing. Greed. Overspending their budget. Being sold a LOAN instead of being sold a HOME.
I couldn't/wouldn't/shouldn't sell my home. I'll pass it to my grandkids if I ever have em. Selling is the last thing on my mind.
Now, I would love to use a little equity to open a business in a few years from now, when things settle.
Is buying a home worth the investment they keep going up on my homeowners insurance they keep going up on my real estate taxes I need a new roof at the cost of $8,000 last year I had to have a new hot water tank the plumbers charged me $650 my wife wants new kitchen cabinets at $12,000 and she wants new floors my central heating and cooling system is around 15 years old it needs to be replaced my old lawn mower has seen its last days I'm going to have to buy a new one or get a lawn service at $240 per month I just had the house treated for termites at $1,500 I was thinking about selling the house and the real estate agent told me that the value of the home has went down because of high interest rates it is a never-ending nightmare to own a home I don't know if it's worth it or not but they call it the American dream
MONEY IS A THEME THAT EVERYONE HAS FOR A BETTER AND LUXURIOUS LIFE. LIFE WAS HARD FOR ME UNTIL I STARTED TRADING AND NOW I AM EARNING $9500 PER WEEK.
New subscriber Here‼️
I Just returned from Guadalajara, Mexico housing is ridiculously low in Mexico $50,000 for a two bedroom condo in a nice safe area. In the Area where I live a shack cost $500,000 in San Francisco bay area
Insane
People can buy or they can rent. Rents will not drop as there is a shortage of apartments and houses. Construction of new homes will cease since it's much more expensive to build than buy existing.
Bad weather and insurance is a big reason to back out. Go figure .
Ya when houses and cars are a COMPLETE OVER PRICED RIP OFF what do you expect ITS NOT FUNNY ANYMORE !!!!
I stopped listening to her when she wouldn't admit we are in a recession and ARM was " good" …..
My rich landlord is raising my mom rent from 1200 to 1700 .I expected another 500 raise from Zillow estimating . Florida is California now
Geez, who would have figured that people would pull out of the Sun Belt… It's only going to get worse, much worse. Just wait until half of Texas is a dust bowl like back in the "Dirty Thirties", with 140 degree summers. The price of real estate in the Sun Belt is going to absolutely crater in the next 20 years. I am a real estate investor in an extremely high demand market, no where near the Sun Belt. I got the property taxes on one of my houses today, and the county has increased the estimated value by $300k since last year. I could put it on the market tomorrow, and it would be sold in a week. No one buy property in Nevada or Arizona especially, unless you want to lose money. Everyone is going to flee those states once Lake Mead dries up and no one has any water coming out of the tap.
I'm glad this lady is not in a recession. I wish the rest of the country could say the same.
Shouldn’t buyers lock in their rate way before closing ?
ARMs are dangerous
More balanced is required. We cannot sustain this craziness
Rentals are price gouging
She is absolutely correct, something has to give.
Are Democrats forced Interest Rate Hikes downsizing the House you can afford to buy & causing you financial hardship. November is Coming! Hold them accountable vote GOP
The goverment has let spending go outta control and has ruined the us economy over the last 20 Years the pandemic is a excuse nothing more
There is no housing recession? GTFOH!!!! Well I wanna move to the planet she lives on!
People prefer to spend money on liabilities,
Rather than investing in assets and be very
profitable…
How about an ARM and a Leg?
😝😝😝trade war at its best🤣🤣🤣
Shes out of her mind…. this market is not returning to anything resembling normal… She is essentially a salesman for realtors shes put a positive spin on each point they asked her to comment on.
If I didn’t have my cabin paid off, I would move into my 5th wheel and live cheap but comfortable and Not waste a pay check on ridiculous rent, right!
The Fed, a private bank that charges interest to the US to borrower against itself. The biggest scam of all time.
To solve homeless population and crime in city, you want more traffic problems by forcing labor to commute back and forth? Grand prize for the dumbest idea of the day. These real estate conglomerates just want to push ideas in the societies to make money off of us even if it means regular folks suffer in traffic and lose 2 hours of the day on average by doing nothing productive for employer or for themselves.
Did you ever hear about lock-in in your interest rate so I’ll not buying the non qualifications 2 weeks later
You would be mad to take a mortgage right now
🤮👈
You don’t want to buy a home right now wait three years
Only a liberal would say that we’re heading into a normal market.
This is a housing bubble like 2008
He said “I’m thinking about an ARM”. I was waiting for him to say “and a leg.”
HURRICANE IAN JUST DROP THE REAL STATE PRICES IN FLORIDA, HALF THE PRICE FOR EVERYTHING IS THIS A SUN BELT STATE? WELL FROM NOW ON ONLY THE TURF WILL HAVE SOME VALUE.