Housing Crisis Update

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КОМЕНТАРІ • 19

  • @CarynGardiner
    @CarynGardiner  Місяць тому

    Ready to start the conversation about moving to Montgomery County, MD, DC or Northern VA? Click the link below to schedule your private Zoom video call to learn more about these areas: calendly.com/caryn01/buyer-seller-consultation?month=2024-04 Or feel free to email me at caryn01@gmail.com

  • @collins.l454
    @collins.l454 Місяць тому +19

    Paying off the mortgage, canceling the insurance, and taking a chance are some solutions to the house insurance dilemma. Mortgage holders would have to pay much more for insurance.

    • @FreemanJameZ
      @FreemanJameZ Місяць тому

      If you don't have enough money to restore your home after the terrible Mize, I advise you to at least purchase a high deductible insurance policy. A qualified market consultant can also help you find a better position in the market.

    • @collins.l454
      @collins.l454 Місяць тому +1

      My Chinese spouse and I paid 1,6 million yuan in 2017 for a 4-bedroom property in Foshan, Guandong. After almost two years on the market with no takers, we sold it for 900,000 in 2020. As a foreigner, I am aware that the real estate industry is a scam. or Eighty percent of purchasers think that now is not the right time to buy a house.

    • @ArchieJohnson5h
      @ArchieJohnson5h Місяць тому

      A gain-hungry person will not escape punishment. I don't require many Americans. Please be respectful with me, and I will return the favor. All I need is excellent food and positive energy. attempting to sell everything.

    • @FreemanJameZ
      @FreemanJameZ Місяць тому

      You go there where joy is waiting for you. Some folks just don't have the daring and adventurous attitude to be among the first. I'm excited to celebrate my 60th birthday on August 4 and I feel like my F.A is trying to help me get rich.

    • @ArchieJohnson5h
      @ArchieJohnson5h Місяць тому

      I'm very excited! I manage to have a respectable job, but I find it hard to see the point when it can't support me. At my age, my parents owned a house, two cars, and three children. I'm having trouble paying for my flat.

  • @gloriagunning4088
    @gloriagunning4088 Місяць тому

    Thanking for providing the information in an interesting way

  • @stevenap4594
    @stevenap4594 Місяць тому

    I remember before the GFC the media was freaking out and telling everyone they’d be priced out bc investors were buying all the homes and people wouldn’t be able to afford it when rates went up.
    We all know how that turned out 😆 Btw anctive inventory is the highest it’s been since 2013 in Denver.

  • @happy1wandering
    @happy1wandering Місяць тому +2

    Did those who predicted a price increase next year factor in rate cuts that will increase demand ?

    • @suhaylrouagRE
      @suhaylrouagRE Місяць тому

      did those that have been promising for 2 years rate cuts take into the account credit crunch, recession, and higher unemployment while the government keeps spending as they fight a trade war with China/Russia and anyone doing business with them which doesn't give them the confidence to go buy US treasuries if they didn't have their problems?
      probably not because the rate cuts people cheering have never bothered to look history of what happens during rate cut cycles. the economy goes down before it goes up and takes a bunch of people's jobs and savings with it.

  • @bhershman1447
    @bhershman1447 Місяць тому

    Do you know the YOY price increase/ or decrease for the Northern VA area, specifically Herdon/Sterling ?

  • @ronie6773
    @ronie6773 Місяць тому

    Blah Balh reading in the coffee, youtubers want to talk about something to earn money, especially the realtors, because they dont make money from real estate in this market. Bottom line, nobody knows, however consumer sentiment is a big part of real estate and 80 percent of home buyers think its a bad time to buy a home right now

  • @professorprofessorson8795
    @professorprofessorson8795 Місяць тому +1

    Crash incoming….

  • @StuggleIsSurreal
    @StuggleIsSurreal Місяць тому +1

    How will housing prices fall when 11 million new people in the US lack housing? Sure, some cities will fall, and inventory will climb. A lot of people will rent.

    • @primecash144
      @primecash144 Місяць тому

      😂😂😂

    • @suhaylrouagRE
      @suhaylrouagRE Місяць тому

      11 only? come on let's make it 100M and we have people making 150k+ a year living in cardboard boxes because they can't find a home to buy or rent.
      If I had a penny for every time I heard the highly exaggerated "housing shortage" narrative I could have repaid the US debt by now.