October housing market update: Will the market crash this year?
Вставка
- Опубліковано 14 жов 2023
- //HOUSE HACKONOMICS BOOK: mgbookstore.com/
//JOIN EYL UNIVERSITY: www.eyluniversity.com/squeeze...
//APPLY FOR A LOAN: www.applywithmg.com/optin1663...
// SECOND OPINION ON YOUR CURRENT LOAN: If you are currently in the process of refinancing or purchasing a home and want a second opinion on your deal, schedule your appointment here: app.acuityscheduling.com/sche...
//Homebuyer's Blueprint Vol. 1: www.thehomebuyersblueprint.co...
//MG The Mortgage Guy Official Instagram: / mgthemortgageguy
//MG The Mortgage Guy Official Facebook: / thehomebuyersblueprint
//MG The Mortgage Guy Official TikTok:
/ mgmortgageguy
SUBSCRIBE: / mgthemortgageguy
Thanks for watching!!
Summary of video: if you got it you got it. Lots of rumors going on about a crash but only you know when your finances are ready for a mortgage over rent. If you gotta pay to live somewhere and it’s cheaper as a mortgage go for it. Some people will always foreclose no matter the state of market. ❤
The biggest thing when the crash happens. It will be a slight inch up in supply. However, the big investors are moving out of commercial into residential. Mass layoffs are coming causing the foreclosures but will be bought up immediately, still limiting inventory and owners with 3 % or less are not listing their houses either. Get ready for tent city all around the country.
Thanks for the housing market update. I'm tooning in for more!
"What we talking here?"😂😂
I agree with this. Other comment. Commercial real estate is taking a beating which is the majority of people's 401ks and retirement accounts. Since the resumption of student debt payment this month people already paid a hefty premium just to get into their home without the student debt which is on average 3 to 600 every month extra on top of their overpriced mortgage. Supply and demand is absolutely true to fundamental economics. You also need to see the technical side of things
Supply will also not increase because many people who own, also can't find anywhere else to go. Or anywhere that it makes sense in this current market. Tough people last, tough times don't. Smart people adapt, silly people don't. People are so stuck looking at the past that they aren't focused on their futures.
Great content
Good morning all from Jersey
Ok MT, slimming down 💪🏾
Met this dude at on of them real estate seminar w Caesar, Jen & Envy. Glad he distanced himself from them crooks a long time ago. I still drove 7 hours to attend that 💩 smh
was that you speaking at a cesar pina seminar?
Nice
No supply for the demand in the price range people can afford! It’s houses for sale and they are sitting because there isn’t any demand for that high of a prices home.
I’ve been watching the market in the Bx nyc for a decade because I’ve been wanting to buy. Now I’m ready and hopeful because I have never seen so many homes sitting on the market in the winter of all times! Usually there’s nothing in the winter. There’s something happening for sure. The brotha doesn’t want to see it for some reason. 🤔 either way I’m ready to go.
How do i get in touch with MG?
0.12%
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
Over the past three years, I have been working with an investment coach who has provided daily guidance on my investment decisions. With their expert analysis, I have realized gains of over 850k. Their insights have helped me avoid losses and capitalize on market breakthroughs, particularly during downtrends.
renowned for her proficiency and expertise in the financial market, ''Margaret Johnson Arndt’’ my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
I just looked her up on the internet and looked into her credentials. I wrote her a letter outlining my financial objectives and planned a call with her.
One thing you forgot to mention, is average mortgage payment now is $3500 a month, how people can afford that?? If you bought a home 22 and 22 you simply crazy
22 and 22?
I'm so happy I made productive decisions about my finances that changed my life forever. I'm a single mother living in Canada, bought my second house in September and hoping to retire next year at 49 if things keep going smoothly for me
Congratulations beautiful lady. You're really doing well for yourself, I'm 44 and my financial life is in a mess.Any great tips would really go a long way in shaping my life. I want to buy my own house, that's really a big flex.
The best decisions one should think about right now is to have different sources of income and never depend on the govt. especially with the current economy situation in the country alot of people now invest digital with their mobile devices, i invest in crypto trading and it pays massively
1 used the FIRE movement to put my finances in order.Then invested in stocks, cryptocurrencies and real estates though the assistance of an investment Pro who helped me make it this big
Mrs Victorias' training program has been insightful, and I must say, I'm most honoured to have been part and a full-time beneficiary of her daily signals. I have been growing & have been able to increase my portfolio from 1.5BTC to more than 5.6BTC with her daily signals.
I'm impressed with the thoroughness and professionalism exhibited by this great woman Victoria Anne Leonard, particularly her depth of knowledge, focus, integrity, and attention to detail make us very comfortable doing massive and successful investment with her!!