Serhant founder and CEO Ryan Serhant unpacks the real estate sector amid rising mortgage rates and talks of housing market cool-down.
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Is the housing market cooling down in Boise,Idaho?
Prices are off the chain! Houses are unattainable for millions of Americans. It’s a sad state of affairs.
The housing market is and has always been a joke
that is not Bryan, that is Ryan S
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Any surprise? Reasonable priced houses are being sucked up by landlords and Air BnB by the boatload and people can't compete with it. Plus with the way inflation is out of control, it's not like people have much spare funds anymore.
It will collaspe
Dnt worry many has over paid for there house and many will lose them because inflation.when it comes down to it nobody will be able to afford a house and all the things they need to survive do to high prices
Proverbs 22:3 ¶ A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.
Proverbs 22:4 ¶ By humility and the fear of the LORD are riches, and honour, and life.
(King James Bible)
Yes market has slowed down and in fact, anyone who is still interested in buying is just desperate. Prices are at all time highs and interest rates have been raised as well.
She’s talking to Ryan Serhant who has very, very wealthy clients. The very wealthy do not care about prices the way the middle class do.
In my area of Montana houses going under contract has slowed to a crawl in the past 3 weeks.
Buying now is pretty foolish…
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Headline Should be Federal Reserve destroys housing market. Banks own 2.8 trillion of Mortgages. The Fed owns 2.7 trillion worth of Mortgages. J Powell ruined the housing market by Monetary easing allowing companies and remember this word from 2000s Investors to buy large tract of homes. This is a disaster and a Fed raising rates and selling off its balance sheet MBS will crash the housing market. Banks are in good shape because the Fed owns half of the risk in the home market. Good job J Powell this is your legacy
nobody seems willing to simple just say we saw unprecedented events the last few years including cough cough* that in it self is helping send us back to 2008 it is very possible 70,80,90s didnt have cough cough and other things
Please God let it crash and burn I am priced out of the market and my dreams are barely hanging on
Who is this clown you are interviewing
He should go to Hollywood what a clown
Awesome content, lately the Btc/stock and housing market has caused a lot of confusion among investors, is this the right time to invest or to hodl due to recurrence about bullish or bearish trend. I need guidance.
Is not the housing market cooling down, the real story is the collapsing economy, the media is a joke they work so hard to cover up reality.
It's not cooling off some how ppl are still buying these insane price run down houses
Real estate goes in cycles boom to bust boom to bust
You can’t keep exponential growth in house sales.
Anyone ever play monopoly? Your rent is due, and you didn't land on free parking.
Nobody wanna buy overpriced home anymore. Texas has got so expensive that ppl moving aren’t saving like they think they will lol
* Not a valid stat. Price cutting a house by $50,000 when it was already $50,000 over asking price is a hollow stat that doesn't say much. People got greedy knowing the market and tried to price high.
* The incredibly high offers are from multiple offer situations, which you get in by pricing lower to allow more people to afford it, and create value amongst its competition on the market. The houses that show better = houses that have more showings. = houses that have more offers……AS long as it's priced right from day 1.
Price cuts are mainly happening because people won't listen to the agents and want to price where THEY want to price it….it's not working, and they are having to price back down to reality.
Once inventory rises, prices will lower. There has to be more supply hitting the market and in the last 2 weeks there have been more homes going live.
The market the average American will be concerned with is the $150,000-$500,000 market.
Plateaued Inventory will increase and prices will drop.
Austin, TX Housing Prices Crater 19% YOY As Double Digit Price Declines And Skyrocketing Inventory Blanket Texas
Is the housing market cooling down? Asking make you guilty
All smoke and mirrors…you cannot hide 1.6 million empty homes in Florida and you cannot hide 17 million empty homes Nationwide…. this thing should have crashed with the stock market in March of 2020 but trading was stopped immediately and it did not allow things to correct, so now we're dealing with runaway inflation and huge layoffs any automotive industry and otherwise…. housing is going to plummet like it never has in history, and that's the truth that no one wants to hear…….
no buyers are jumping u idiot
It will collapse
This dude has to be optimistic. The only way this racket continues is if interest rates remain low and that depends on how much the Federal Reserve wants to decrease inflation over causing a recession.
San Francisco, CA Housing Prices Crater 21% YOY As Excess, Empty And Defaulted Housing Inventory Floods Bay Area
You're asking high end realtors, he's so detached from low end housing in Texas and Florida
First problem, is asking a realtor. They'll always tell you it can only go up or buy while you can. Don't listen…
Interest rates are over 5%. Is that necessarily true? Would I be able to say "Oh no, I want to pay 3%, make it happen".
Housing confidence has fallen off a cliff. People are exhausted from looking at properties and honestly the last 2 years left People with a bad taste in their mouth. It will continue to slow. People buying now are either highly qualified buyers or FOMO buyers still panicking to get any decent home. People will continue to turn their backs on housing until inflation is under control and corrections start happening.
Housing price going up 45% this year
Half of the homes were purchased in our neighborhood for straight cash. Looks like private investors and corporations are just eating up the supply since real estate has ALWAYS appreciated no matter what over time.
Cooling down ? No, its crashing !!
MORE AND MORE BUYERS BLACKSTONE AND OTHER CORPORATIONS ARE BUYING U.S. HOMES SOMETHING IS AFOOT
31% YOY… no bud, last 2 years.
housing market is going to tank…..wait til the fire sale…..don't waste money right now…for this bubble.
Ice seen home listing increase and homes sell for 18k. Believe me, realtors are lying to you