Revised housing forecast is DOWN

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  • Опубліковано 17 чер 2024
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КОМЕНТАРІ • 36

  • @timolson-qi5hj
    @timolson-qi5hj 15 днів тому +7

    Thanks for keeping it real! Thanks for sharing!

    • @Rickhelps
      @Rickhelps  15 днів тому +1

      Thanks for watching

  • @davidmajer3652
    @davidmajer3652 15 днів тому +5

    Thanks for the intelligent and honest analysis.

  • @RealLifeFinance
    @RealLifeFinance 15 днів тому +7

    At least this prediction of mine came true. Increased supply and reduced demand. The pool of qualified buyers is still shrinking and affordability will determine price moves.

    • @Rickhelps
      @Rickhelps  15 днів тому

      It appears so

    • @aaronthibodeaux3558
      @aaronthibodeaux3558 11 днів тому

      Yep-exact prediction during the time the realtors were using the “the market will not change because there isn’t any supply-prices will just continue to grow”
      Will if prices continue to grow supply will grow because no one can afford the homes. And here we are.

    • @Rickhelps
      @Rickhelps  11 днів тому

      @@aaronthibodeaux3558 In the short to mid term that was true. Prices will and did rise due to extreme inventory lows.

  • @Rob_G716
    @Rob_G716 14 днів тому +3

    Rick, there’s little to no demand this year. Economy is not healthy, plus it’s an election year.

    • @Rickhelps
      @Rickhelps  14 днів тому

      I always discount that it is an election year based on history. But we are at record lows in transactions.

  • @slopsec2358
    @slopsec2358 15 днів тому +1

    Thanks for the video.

    • @Rickhelps
      @Rickhelps  15 днів тому +1

      Thanks for watching

  • @Detached_AZ
    @Detached_AZ 15 днів тому

    WHAT IS THE NAME OF YOUR "PEN" ON YOUR TOOLBAR? That looks like a good tool to have as an extension. Is it for touch screen only?

    • @Rickhelps
      @Rickhelps  15 днів тому +1

      Page marker chrome extension

  • @mechanicdudevlog8788
    @mechanicdudevlog8788 13 днів тому

    Dont understand my house is up 5 percent YOY

  • @msingleton
    @msingleton 11 днів тому

    Excellent news! Years of gradual declines is exactly what we need.

    • @Rickhelps
      @Rickhelps  11 днів тому

      If we can hold on to a gradual adjustment

  • @jdegid
    @jdegid 15 днів тому

    Rick Looking at phoenix to relocate wife wants a golf course community budget will be 1.5 to 1.75 country club membership is a must looking for no more than 50 t0 75 k deposit for membership . Any specific areas we should be looking at Im about a month or two from serious looking

    • @Rickhelps
      @Rickhelps  15 днів тому

      Are you considering any over 55 communities?

    • @Rickhelps
      @Rickhelps  15 днів тому

      Send me an email at rick@rickhelps.com and Jessica and I can send over some suggestions.

    • @jdegid
      @jdegid 15 днів тому +1

      @@Rickhelps Hadn't really thought about it but I qualify as of two weeks ago :) this is where we live now for a basis of what we are used to coto-de-caza-golf-racquet-club

    • @jdegid
      @jdegid 15 днів тому

      @@Rickhelps sent

    • @janereinhardt4715
      @janereinhardt4715 14 днів тому +1

      ​@@jdegidI moved to the Phoenix area from Rancho Santa Margarita 3 years ago!

  • @fpc0041
    @fpc0041 14 днів тому

    Take out a home equity loan while you can, spend all that money on vacations, entertainment, and whatever you do don't pay off your credit cards or student loans. Buy more homes and rent them for $3k a month. Nothing to see here.

    • @Rickhelps
      @Rickhelps  14 днів тому

      Not sure what you are looking at but the current data does not show any substantial volume of home equity loans being taken out.

  • @youwillneverknow1
    @youwillneverknow1 15 днів тому +4

    Zillow is fake news 🤣

  • @samthai818
    @samthai818 14 днів тому

    Redfin is worst with fraudulent data compared to Zillow.