Housing prices slip amid inflation, recession fears l ABCNL



The red-hot housing market might be cooling a bit and ABC News breaks down the latest indicators.

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Original source (ABC/Youtube)

39 comments

  1. Pls crash 50% more.
    I've been saving every penny for my first home.

  2. saw a man with a sign he was holding up. The sign read. I can't find a job, I'm homeless. I have AIDS. Please help, so I did, I said to him: Maybe it's your resume..

  3. Who wants to stay in NYC for 4 grand where you have women getting out of cars peeing in public, twerking, and getting back in the car without wiping her a$$?

  4. Big Business/Corp is in entrenched in real estate, so don’t even think 🤔 about another housing bubble 🫧

  5. you can buy a mansion in the midwest for what a house in the cali ghetto costs, let that sink in

  6. I believe that the >fear< and greed index with a new low value of 6 reflects how the crypto market reacts to a full blown recession. Yes, there were crypto bear markets in the past, either caused by regular cycles or extraordinary events such as COVID, but we never experienced a true economical recession in the crypto market. Keep in mind that crypto market is just another financial market (meaning that is 100% dependent on major macro economic events) and is more volatile than other markets (which is a good thing, cause that offers long term opportunity to get rich in an extended timeframe meaning buying like crazy during these times and selling at the peak of the next bull market – whenever that may be). The only "catch" is that you must NOT buy speculative cryptos (aka sh*tcoins), but the biggest, most "boring" coins right now (BTC, ETH, BNB) with big utility and market cap that will not go to 0 until the end of this bear market. I buy and just trade long term more than ever, I have made over 19` btc from day trading with Shirley Bagshaw Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second language.

  7. Bullshit it’s on the rise. In California home owners are dropping 25k-100k month after month. Nobody wants to buy a house built in the 80’s for 700k.

  8. We are in a recession. If you voted for Joe Biden you are a f**** total f**** mother f**** total mother f**** moron shame on you

  9. The economy is going back to normal after years of "shortages" and "supply chain problems". This has nothing to do with the pandemic and everything to do with greed.

  10. There are a lot of other ways to build wealth in this country besides home ownership. People need to stop feeding this lie to Americans

  11. This gave me hope seeing the single mom. Me being in the same position 🙌🏾 same location

  12. I don't see price dropping at all in NY and NJ my home price keeps getting up. Not sure if it's the state keeping valuation high to collect higher taxes or what's going on?

  13. We bought our house in 2009 for $128,000. It was only 3 years old and move in ready. Current estated value is about$440,000. So I could put it on the market for $428,000 and walk away with about $300,000. This is absolutely absurd how bad things are getting. My condolences to anyone retiring in this crisis, 30years nonstop just for a crooked system to take all you worked for.

  14. Realtors really trying to screw over buyers by pushing them in now

  15. The reason why prices of homes in ghetto neighborhoods are going down is because the supply there isn’t being bought up by institutional investors. New developments are still being swallowed

  16. We were in a recession months ago. We're heading toward an depression if things don't change for the better.

  17. House prices aren't "slipping" that much!!! They are still soaring in my area. My house has appreciated over $300k the past two years with no upgrades or improvements whatsoever. Home ownership is out of reach forever for most families in this country.

  18. THE GOOD & BAD NEWS ALWAYS THERE. They just advertise bad news when market is down, Good news when market is up. PAY ATTN AND BE SMART ABOUT IT. WE RETAIL INVESTORS ARE BUYING THE DIP!

  19. STOP FEEDING THE CORRUPT SYSTEM!!!

  20. (We are in the end of times. Repent and be baptized. Turn to God.)
    Isaiah 45:22 Turn to me and be saved, all you ends of the earth; for I am God, and there is no other.
    Acts 2:38 Peter replied, "Repent and be baptized, every one of you, in the name of Jesus Christ for the forgiveness of your sins. And you will receive the gift of the Holy Spirit."
    (Pray and fast)
    Philippians 4:6 Do not be anxious about anything, but in every situation, by prayer and petition, with thanksgiving, present your requests to God.

    Joel 2:12 “Even now,” declares the Lord, “return to me with all your heart, with fasting and weeping and mourning.”
    (Turn to Jesus while there is still time.)
    John 14:6-7 Jesus answered, “I am the way and the truth and the life. No one comes to the Father except through me. If you really know me, you will know my Father as well. From now on, you do know him and have seen him.”
    John 3:16 For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.
    John 3:18 Whoever believes in him is not condemned, but whoever does not believe stands condemned already because they have not believed in the name of God’s one and only Son.
    John 8:36 So if the Son sets you free, you will be free indeed
    Luke 18:20 You know the commandments: ‘You shall not commit adultery, you shall not murder, you shall not steal, you shall not give false testimony, honor your father and mother.’”
    (Follow the Two Greatest Commandments)
    Matthew 22:36-40 “Teacher, which is the greatest commandment in the Law?” Jesus replied: “ ‘Love the Lord your God with all your heart and with all your soul and with all your mind.’ This is the first and greatest commandment. And the second is like it: ‘Love your neighbor as yourself.’ All the Law and the Prophets hang on these two commandments.”
    (These will NOT inherit the Kingdom of God)
    1 Corinthians 6:9-10 Or do you not know that wrongdoers will not inherit the kingdom of God? Do not be deceived: Neither the sexually immoral nor idolaters nor adulterers nor men who have sex with men nor thieves nor the greedy nor drunkards nor slanderers nor swindlers will inherit the kingdom of God.
    (The absolute truth of God's Word)
    Hebrews 4:12 For the word of God is alive and active. Sharper than any double-edged sword, it penetrates even to dividing soul and spirit, joints and marrow; it judges the thoughts and attitudes of the heart.
    Romans 10:17Consequently, faith comes from hearing the message, and the message is heard through the word about Christ.
    2 Timothy 3:16-17 All Scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness, so that the servant of God may be thoroughly equipped for every good work.
    (Present Signs)
    Luke 21:20 When you see Jerusalem being surrounded by armies, you will know that its desolation is near.
    2 Timothy 3:1-5 But mark this: There will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not lovers of the good, treacherous, rash, conceited, lovers of pleasure rather than lovers of God— having a form of godliness but denying its power. Have nothing to do with such people.
    Matthew 24:4-5 Jesus answered: “Watch out that no one deceives you. For many will come in my name, claiming, ‘I am the Messiah,’ and will deceive many.
    Matthew 24:6 You will hear of wars and rumors of wars, but see to it that you are not alarmed. Such things must happen, but the end is still to come.
    Luke 21:10 -11Then He said "Nation will rise against nation and kingdom against kingdom. There will be great earthquakes, famines, and pestilences in various places, and fearful events and great signs from heaven.
    Matthew 24:14 And this gospel of the kingdom will be preached in the whole world as a testimony to all nations, then the end will come.
    1 Timothy 4:1-2 The Spirit clearly says that in later times some will abandon the faith and follow deceiving spirits and things taught by demons. Such teachings come through hypocritical liars, whose consciences have been seared as with a hot iron.
    (God's anger through weather)
    Psalms 18:7-12 The earth trembled and quaked, and the foundations of the mountains shook; they trembled because he was angry. Smoke rose from his nostrils; consuming fire came from his mouth, burning coals blazed out of it. He parted the heavens and came down; dark clouds were under his feet. He mounted the cherubim and flew; he soared on the wings of the wind. He made darkness his covering, his canopy around him— the dark rain clouds of the sky. Out of the brightness of his presence clouds advanced, with hailstones and bolts of lightning.
    (Deny yourself to be a follower of Christ)
    Mark 8:34-35 Then he called the crowd to him along with his disciples and said: “Whoever wants to be my disciple must deny themselves and take up their cross and follow me. For whoever wants to save their life will lose it, but whoever loses their life for me and for the gospel will save it.
    (Confess Christ)
    Matthew 10:32-33 “Whoever acknowledges me before others, I will also acknowledge before my Father in heaven. But whoever disowns me before others, I will disown before my Father in heaven.

    (God demonstrated His Own Love for us)
    Romans 5:8 But God demonstrates his own love for us in this: While we were still sinners, Christ died for us.
    (Help others in need)
    Romans 12:13 Share with the Lord’s people who are in need. Practice hospitality.

    Make disciples of ALL nations.Spread the gospel. Matthew 28:19-20

    I suggest to download the audio Youversion Bible app & have it playing day & night when you sleep to learn & stay in tune of God's Word. Stay in prayer and repent.
    Questions, Prayer requests, Bible study or just to talk about God, our Creator. See my page. I'm sharing the Word of God. God is the ONLY ONE who can save us with everything going on.
    God bless you. Jesus loves you.

  21. Greedy sellers that held out are going to feel it now seeing their "profits" shrink 😭

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  25. Classic fear mongering.

  26. it is going to be a complete opposite of what you saw in previous many months, home prices plummeting, homes staying on market for long time, buyers vanishing, stock market crashing, crypto crash, retail crash , some banks collapse, foreclosures, job loss, and a prolonged recession for next 2-4 years. good luck all.

  27. Bidenomics! Democratic policies are a disaster!

  28. WE DEFINITELY NEED DONALD TRUMP BACK 🎊🎉!!!… INFLATION, CRIMINALS, AND UNCERTAINTY 😧!!!… MAGA FAMILY WILL FIGURE OUT HOW TO KEEP MAKING AMERICA GREAT AGAIN 🇺🇲🤝🫂🇺🇲

  29. Yep. Do not over pay!!!

  30. Its just a gulley. Lol

  31. Still too expensive! A 50% or more reduction is required. 😶

  32. Realtors are such scumbags. If you got scammed by one you should Make sure they pay you for any loss.

  33. It better keep slipping, the real estate industry is a rip off

  34. Classic Realtor Propaganda: "Buy now before rates go higher." "It's a Market Correction, not a recession!" Realtors are not economists. The ultimate goal is to convince us to buy no matter what. There are several global factors to the existing recession. It is going to get much worse before it gets better and anyone that buys now will absolutely regret it.

  35. please post your landlords on social media who are raising rents so hogh that tenants can't afford the rent and are going to be homeless dont they see whats coming no one will be able to afford the rents after the crash they will reduce rent and give it to anyone remember who there are kharma a bitch 🎉🎉 post your stories