Redfin | Pending "Biggest decline since October 2023"
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- Опубліковано 9 лют 2025
- This is a Data centric Analytical approach to the Nashville Tn Housing Market. We look at trends in active listings, median price, mortgage rates, contracts, rent rates
Ethan Flynn
www.ethanflynn.com
423-767-6000
tflynn@realtracs.com
Altos Video: • Home sales are stalled...
www.ethanflynn.com
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TN CPA License: 24309
TN Real Estate License: 356949
greaternashvill...
www.realtracs.com
Recurve Real Estate
DANA JORGENSEN
PRINCIPAL BROKER | OWNER
LICENSE: 344195
(615) 496-3837
dana@recurverealestate.com
#Trump #Redfin #mortgagerates
www.ethanflynn.com
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🌴🌴🌴 It’s going to be one very VERY STRANGE YEAR ❗️. At this point nothing amazes me anymore.
Thank you Ethan.
Blessings,Carlos ✝️🙏❤️😊🇺🇸
Thank you Carlos. Nothing would surprise me either.
Here come the layoffs I've been talking about in comments. More will announce this year. Hopefully inbound will offset some of this eventually. Bridgestone Lavergne, Purdue, Essex, Bargain Hunt DSC, Cargill, Sonoco, Ryder, LGSTX, Tachi, Midsouth Transportation, Federal Mogul, Tenneco
😟
Nissan is having issues also.
Love the neighborhood tracker! Nobody else has that!
!! Thank you Sam!
Wages, Jobs, Wages, Jobs. That is the meat of the home buying market. Eventually the nuveau money DOES run out!
It doesn’t make sense. Has to he migration and balance sheet.
Hey, what happened to your Kristin Calvari video?
@@stingray1381 Listing agent got mad. Told me I wasn’t allowed to use their footage. It’s unfortunate I enjoyed that video but they clearly didn’t find it entertaining.
😂 it was a great video. I wanted to show it to my wife because it was so interesting. Particularly enjoyed your analysis on the pricing.
I would question if there is a 3.5% return when considering the carrying cost of a home. Of course, each mortgage and equity position can be structurally different but Treasuries and bonds have no carrying costs, and many are tax-advantaged. Another great video.
Thanks! The 3.5% return was after taxes insurance, maintenance and HOA. And rents don’t appear to be increasing right now in that area. You start asking what’s the point?
@@EthanFlynn I see. I should have known you'd taken those into acct. I agree, it really doesn't seem to be worth it right now on average. As I've previously stated, for my situation, I'm so glad I made the choice to cash out back in Nov of '22 and go equities and Treasuries. The time I will probably continue to lease has been WELL worth the trade-off from a sheer profit perspective. I am eager for your next vid. Really great work.
So last year it took until February, not long from now, to see this….did anything happen this January, around the 20th, that didn’t happen last year?
Not sure I follow. Are you saying people are not buying until after inauguration?
People need to consider cash transactions.
A lot of smaller homes are getting sold to builders without fees on the sellers end.
Builders will have already made a profit on the buy, and the cost of building a 2500-3000 sqft house is maybe 1.5 the cost of the lot.
They will turn around and sell it at a 3x profit. Builders buy down the rate for the next 5 years so the new buyer is covered till rates lower. If you are not in the game, you never will be.
Good strategy in an up market, but every buy strategy is a good strategy in an up market. I have seen many such a builder go bankrupt in a down market.
@ I’m not a builder. I’m a land lord.
If I can trade one asset for 2, and make more income, that’s what I do.
All of the desirable inventory sold
Very true
I wonder who can really afford a $500k house - must be at least high mid-class. My son earns 6 figures but he cannot really afford a $400k house in Austin - unless he gives up savings/retirement. He has a roommate making about the same $. With no car and low rent (~$900), the roommate is in credit card debt.
This is so true. It’s balance sheet not income.
Lol. Why are ppl micro trading home prices. Am I missing something?
How do you microtrade a house?
Guessing you are suggesting that people being concerned that the market is going to dip 10% is irrational because you think that home prices only go up over longish periods of time. While housing prices have pretty much gone up consistently since 2010, there were entire decade long periods between 1980 and 2010 where housing prices were down or flat, even in strong markets, and there is no guarantee the market you buy into today will be a strong market in 5 years. Secondly, a 10% drop means a lot to someone that is 80% or greater LTV, in many cases that means foreclosure and complete financial ruin. People have been reluctant to buy into a dip forever.
@@robertdaymouse3784in the 1980s you didn’t have huge companies investing in houses and low interest rates
I watch your videos every Saturday! Thanks for the great content! I would love it if every now and then you could show us the stats on Sevier county! Thanks so much!
Maybe so. Thanks for the suggestion!
The secular decline in home ownership is here
Yes! Finally looks like the housing correction as arrived! Homes going on sale in 2025!!!!!!!! Yahooooo
housing always trends up. the deeps are happening as a part of that trend. while the "correction" is happening not many can afford to buy.
Winter slowdown and tthe grifters scream from the rafters some bullshit prophecy.
@@SchitzoNewsNetwork-wu7zd sorry not following. Who is grifting and what is the prophecy?
Wild, I just sold my 3/2 for 500 cash, no closing costs or realtors fees on my end.
Going to go buy two more now.