Great content, but at 24:26 did he REALLY say "if"?!, Housing is going to get hammered. Read the in-depth delayed foreclosure reports and the mounting delinquencies. CRM is going to tank. Jobs and layoffs are already happening, and Consumer credit is staggering. Feds are going to tighten again. Auto loan securities are showing signs of crashing hard. The buyers will be mostly cash, so the rates will not make a difference.
Great interview. I agree with Mike despite of huge unemployment rates hitting the market home owners will manage paying their mortgage because rates were so low their sitting on historical low mortgage payments. The only break in this if rates get into the double digits which may happen to create affordability. I’ve been looking to buy and at this point the bidding wars are too much I can’t see this substantiable that I’m now tracking rental once again. Not ideal but also not affordable. Not many options unless I leave the country all together.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
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Great content, but at 24:26 did he REALLY say "if"?!, Housing is going to get hammered. Read the in-depth delayed foreclosure reports and the mounting delinquencies. CRM is going to tank. Jobs and layoffs are already happening, and Consumer credit is staggering. Feds are going to tighten again. Auto loan securities are showing signs of crashing hard. The buyers will be mostly cash, so the rates will not make a difference.
Great interview. I agree with Mike despite of huge unemployment rates hitting the market home owners will manage paying their mortgage because rates were so low their sitting on historical low mortgage payments.
The only break in this if rates get into the double digits which may happen to create affordability.
I’ve been looking to buy and at this point the bidding wars are too much I can’t see this substantiable that I’m now tracking rental once again. Not ideal but also not affordable. Not many options unless I leave the country all together.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
@jay pritchett Hi , please who is the expert assisting you and how do I reach out to them?
@jay pritchett Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing
People need to pay subscription fees to get data for all the data that you desire! Only RE companies buy the data.
I heard Dead Cat Bounce true???
The cat is alive. We live in 'unprecedented times.' Our error rate for predicting the future has gone way, way up.
mot yet. yet
Banks are NOT willing to lend, therefore most closed sales will be CASH.