Economists say the housing market could be cooling down. The housing inventory is at the lowest since 1999 as builders continue to be bogged down by the lack of labor, lagging delivery times, and the soaring cost of materials. For potential homeowners, experts say consider expanding your search.
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Hang in there! Stay strong. Help is on the way to Ukraine. Just ask you favorite Democrat or Republican politician.
Its called biden inflation like everything else but they do a great job trying to blame Russia tho.
Best time to buy lottery tickets to be able to afford homes
Cool.
With rents so high, it is still worth it for large corporations to snatch up houses as investment properties. Any rise in mortgage rates only helps corporations more by reducing the number of competing buyers they have to outbid. Years of horrendous policies propping up home prices artificially have created a scenario we might not be able to reverse now that rents are high enough to monetarily justify corporations buying individual homes instead of just multi unit properties.
This is the unseen result of constantly asked government to help you, everyone who supports home mortgage interest deductions, government loans, etc is partially to blame for this
Shhhh mainstream media ….. the market is scorching, it's on fire….
Just like when Obama was in. And he still is in. Old dementia Joe Biden is hurting USA. It's the blue wave.
Investing in today is priceless because tomorrow isn't promised, trading Bitcoins,gold, silver and crypto secure a better Tomorrow.
Home flipping is dying slow
Thus clearing the way for Blackrock and the other money vultures to swoop in and turn hopeful home owners into life time renters.
“You’ll own nothing and like it”. WEF Klaus Schwab and the great reset.
I would say that family, and all familys suddenly are worth that value. Then you could take the very meaning of determinate values upon anything, and realize it was only used for evil. I'm sure lots of people even went to question what money really even is. Such a harsh topic, that seems absolutely set in figurative stone. And anyone who does less then a Doctor of life saving care, and makes more than someone like them, are probably criminals. Crime seems so rampant; everything you buy, every house or deteriorating box thing you rent are from criminals. Acting upon others in misfortunate are actually a moto, or saying upon them, as a key to making money. It entirely has been only to take advantage of others, and you seemingly are in monopoly's with no one able to do anything. It will always be the correct answer when it comes to why currency's are corrupt.
What did you expect? Democrats destroyed our country in a years time I’ve charted them for 40 years it’s the same undeniable pattern first fuel goes up then food and housing and now Biden’s added millions of illegals into country bleeding us dry you have to be pretty stupid to vote for any Marxist or socialists posing as democrats that party has been long gone for years now you can suffer for 3 more long years before TRUMP IS BACK IN HIS RIGHTFUL SEAT!
I can tell, some zip codes have homes going on price reductions and not selling fast anymore. Started seeing it this month.
Housing market is breaking new buyers spine. We need more inventory in the market and government must make sure builders are not keeping the inventory intentionally low and jacking up the prices.
What’s 50 percent of 50 percent?!
How about addressing the ongoing conversion from the petro dollar to the asset backed US notes? Or that 3 billion people already dropped the USD?
Only a dummy pays over asking price
It is ridiculous that realtors are still hyping the record housing shortages and never ending price increases to drive up FOMO. Almost in an instant, the 5% mortgage rate dropped 28% of potential buyers. A .5% increase in the FED fund rate will mean over 50% of Americans will be able to afford a home. The ONLY way for these people to buy is for prices to drop by a corresponding amount. Sellers are reluctant to do that so inventory grows. Flippers and investor are instantly out of a falling market. New buyers get cold feet as they worry about job security. Then we slip into a recession with rising foreclosures and short sales. It is the Great Recession all over again.
Not gonna lie I gonna get my credit back in order 😅
There is 1.7 million vacant homes in Florida. I love how the propaganda that the news organization choose to go with is that there isn’t enough inventory and not that investors are buying homes and sitting on them to drive up prices and squeeze the market.
If you listen to these experts, you will always be poor.
real estate agent are going to have a bad year
Home prices will be down 50% in 2 years. Some markets even more.
2022 not looking so good for the housing market. Already considering moving funds to dividends stocks which have shown enormous rise despite previous predictions to the contrary.
We have plenty of inventory, we just need to regulate real estate. Crack down on mtg fraud, occupancy fraud(this one is major), ban corporations/Wall street/dark money from buying and owing residential real estate; just with that prices would drop and the mkt would be sustainable and fair.
2022 not looking so good for the housing market. Already considering moving funds to dividends stocks which have shown enormous rise despite previous predictions to the contrary.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn’t depend on the govt.Especially with the current economic crisis around the world.this is still a good time to invest in Gold,silver and digital currencies (BTC,ETH…)
Supply is being held up at boarders to raise prices on everything it's marketing and profits by those who control regulations there call greedy smart ppl 😄
Things will change, remember you live America . People lost their jobs , go through divorces, unpredictable medical bills, home repairs for people to sell
Housing is about to get crushed , thanks to the same people that blew this massive bubble starting shortly after the 2008 housing collapse. Now the debt is much greater than it was in 2008 , and the chickens are coming home to roost… This time it will be a spectacular fall and the Fed won't be able to cut rates starring at double digit inflation. Congrats Fed you've managed to F-yourself really really good this time. Hopefully they will be dismantled after this upcoming calamity.
We did it, Joe!
Not cooling much
You mean savings and checking accounts might actually pay interest? People might actually save money again instead of borrow borrow borrow? Sounds like a good thing for America. Investing in real estate, infrastructure, and real things instead of silicon valley app crap is a good thing.
I did that
Biden
Tell people the truth about Interest rates . FHA IS ALMOST 6% AND CONVENTIONAL IS ALMOST 7%. YOU Can GET A LITTLE UNDER 6% WITH A 720 OR MORE CREDIT SCORE or pay Down points.. Do the Math!
Get foreigners and corporations out of American housing.
I’ll take a free house
If Sellers want to be greedy then they will chase the market, but a smart seller will price the house right. Not all states are getting multiple offers anymore. Things are changing in the Housing Market and Over priced don't work in every state.There's a PRICE REDUCTION COMING SOON NEAR YOU! DON'T OVER PAY YOU WILL Regret IT FACTS!!!
I don’t see things changing that much. Sadly, investors will be ready to scoop up properties with cash. Even more, if there’s a price reduction.
Biden say just buy electric car! Save 80 bucks!
lol you have seen nothing like the drop that will happen
Oh hey I’ve seen this one before! Epic crash coming
Maybe folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. Seriously, you have the Colorado River a mere walking distance away, with nine gambling casinos on the river bank across the river in Laughlin, Nevada, you have four-wheeling in the Black mts. (where gold mines are STILL being mined to this day). Fireworks over the river on the 4th of July is a sight to see. And we’re only 90 miles south of Vegas. Water taxi’s move people from one casino to the other, for those who don’t drive. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation. Most important, PRICES ARE STILL REASONABLE.
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