October housing market update: Will the market crash this year?

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  • Опубліковано 14 жов 2023
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    Thanks for watching!!

КОМЕНТАРІ • 36

  • @Degencountryclub
    @Degencountryclub 8 місяців тому +3

    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. ❤

  • @christopherplymouth8593
    @christopherplymouth8593 8 місяців тому +4

    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.

  • @MoneyOpulence
    @MoneyOpulence 7 місяців тому

    Thanks for the housing market update. I'm tooning in for more!

  • @77curlygirl
    @77curlygirl 8 місяців тому +3

    "What we talking here?"😂😂

  • @josephrusso4837
    @josephrusso4837 8 місяців тому +2

    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

  • @blackonyx7024
    @blackonyx7024 8 місяців тому +3

    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.

  • @jaiquanb7218
    @jaiquanb7218 8 місяців тому

    Great content

  • @rockyb2500
    @rockyb2500 8 місяців тому

    Good morning all from Jersey

  • @Practitionher
    @Practitionher 8 місяців тому

    Ok MT, slimming down 💪🏾

  • @hoover133
    @hoover133 8 місяців тому +5

    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

  • @newbengraham4775
    @newbengraham4775 8 місяців тому +1

    was that you speaking at a cesar pina seminar?

  • @evidove5562
    @evidove5562 8 місяців тому

    Nice

  • @momof4121
    @momof4121 7 місяців тому +1

    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.

    • @sheenabailey
      @sheenabailey 5 місяців тому

      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.

  • @theedwardsfamily1631
    @theedwardsfamily1631 8 місяців тому +1

    How do i get in touch with MG?

  • @kim5tivo
    @kim5tivo 8 місяців тому

    0.12%

  • @DorathyJoy
    @DorathyJoy 8 місяців тому

    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.

    • @nicolasbenson009
      @nicolasbenson009 8 місяців тому

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    • @nicolasbenson009
      @nicolasbenson009 8 місяців тому +1

      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.

    • @RaymondKeen.
      @RaymondKeen. 8 місяців тому

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  • @thymgrandin-ji5vv
    @thymgrandin-ji5vv 8 місяців тому

    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

  • @percyhart3997
    @percyhart3997 7 місяців тому +1

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      @desmondhenry8827 7 місяців тому

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