RE/MAX president and CEO Nick Bailey discusses whether the red hot housing market will cool anytime soon on ‘The Claman Countdown.’ #foxbusiness #theclamancountdown
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Simple formula
If you are waiting for real eatate to go down
Supply short 4 million
Demand still high
Inflation walks along with real estate
Actually.not a good time to sell
So if you dont buy then pay high rents. Higher than a mortgage.
Its no way out
Blackrock and Blackstone and Zillow working with the democrat party didn't have anything to do with any of this by any chance..??
Short 4 million homes, but “we don’t have an inventory problem”? That doesn’t make any sense at all.
Many people are leaving the West Coast states!
they dont even tell us the real rate of inflation so dont think they tell truth on anything else. lb hambuger cost 3 bucks year half ago today it cost 550 lb. if thats 8 % they dont know math.
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We've seen in the past how these high prices on the sale of homes becomes a disaster and eventually it comes crashing down and people loose their homes because the market value drops and they lose their house.
People leaving California support homes in California sales.
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Francisco-ate8 Venmo 💸
Demand is artificial with all the Wallstreet buyers
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if you go by real estate for the worth of a dollar my grandparents bought their home of 40 acres for 3000.00 he worked for a bigger company and made around 12.00 an hour and paid off his place with a 30 year mortgage. his payments was around one pay check. so if you go by those numbers minimum wages should be around 80 dollars an hour or higher. A house is way over priced no matter how you look at it.
inventory is increasing in CA, everyone is packing up and leaving this pathetic state.
Disaster waiting to pop
11 of the top 12 states with the highest poverty rate are the Republican-led states of Mississippi, Louisiana, Kentucky, Arkansas, West Virginia, Alabama, Oklahoma, Tennessee, South Carolina, North Carolina and Texas.
OMG…with inflation climbing, this guy is calling an ARM an attractive alternative?!!! What is he smoking.
CRIMINAL WAR FRAUD IDIOT….CLAMEN IS AN IDIOT!
I'm buying some cheap land and building a cob home 🏡 never would pay 400k+ for an old beat up house house that's had multiple families living in it.
I am thinknig to buy one of two family as my dream House in Queens NYS as immigrant this supposed be my american dream. Should i hold on Or keep looking ?
Demand is high, the house market is still booming… the housing market bubble is about to burst.
Remax has the worst agents, bar none.
China prolly buying up waterfront property.
Homes in my area are still selling in like a few hours of the sign going up (or before the sign even goes up). There are lots of homes being SOLD in my 4 blocks. What slow down and prices are still going up close to 20%, What slow down — you mean from 1 hour to 1 day? That is not a slow down.
San Francisco/ New York.
The Chinese government forced my speech to be blocked! They will not succeed!
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Demand remains high but we are cooling off SHUT UP AND GET BACK TO US.
Think you have a little money try looking in a desirable area on the West Coast.
House for sale!! Big White House on Pennsylvania Ave! Poorly decorated and furnished by temporary residents. Statue of donkey in the front yard!!! Will be replaced By High Quality returning President Trump soon!!
I think traders are propping up the market. So glad our home and farm is paid off!
Every thing is fake we will wake up one morning and are would will be upside down and every thing will have claps and now one will know what to do
Now look at Vancouver Canada and cry
Inventory is down, too.
Here we go all BS 👎dirty Lenders.. and price gouging 🧐
It's always calm before the storm…
Cracks in housing? 😂
More like the tectonic plates supporting the housing bubble have shifted.
Trump2024
Everything's a scam don't buy into it America go someplace else they ruin this country long time ago
After you own a home you're free to focus on bigger and better things. Squash competition by making sure the laymen own NOTHING.
Texas is about to be up there in the next 10 years. Watch.
Gov. Newsom now wants to spend 1 Million Dollars on houses for the homeless.
WHEN A $100,000 DOLLAR HOUSE COST $300,000 THAT'S INFLATION!
200% INCREASE IN 2 YEARS! INSANITY!
Pft. … Not in California! … Thanks to the Dems green environmental policies, it’s double that.
adjustable rate mortgage will screw you once the stock market/house market crashes again. 2008 2.0 is in coming, fixed rates is your best bet.
Investing in crypto now should be in every wise individuals list, in some month up sees time you'll be ecstatic with the decision you made today.
The pump, before the dump.
Never do ARM, unless you’re willing to get burned
Utah, Idaho WTF I would never live there😂🤣