I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.
If you're in the market, now is the time to buy. Home prices are unlikely to decrease further, and if interest rates do decline in the future, refinancing is always an option.
In my opinion, home prices need to decrease by at least 40% before the market finds balance. For those unsure about buying property right now, seeking advice from an experienced financial advisor for optimal portfolio allocation is crucial. This approach has worked for me-I’ve managed to stay profitable over the past five years, accumulating nearly $1 million in investment returns.
That's impressive! I'd be happy to share more details. I understand the hesitation, especially when it feels like many firms offer similar services. However, finding a trustworthy advisor has been key to my success.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
Thank you for taking my advice. I'm glad you were able to research her background and feel confident moving forward. I hope your call goes well-her track record speaks for itself, and I'm optimistic you'll find her guidance valuable.
"Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
With the market volatility and inflation pressures, I'm curious how a second Trump term might affect housing investments and broader market stability. I've seen tech stocks like NVIDIA do well, but crypto, especially Bitcoin, has also spiked this year. Is it better to stay focused on resilient stocks, or should we shift towards assets like real estate that might benefit from policy changes?
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.
Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with 'Grace Adams Cook' for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just looked her up on the internet and found her webpage with her credentials. I wrote her an outlining my financial objectives and planned a call with her.
The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like gold, silver, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
I’m closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in over 80% profit than some of my peers who have been investing for many years. Maybe you should consider this too
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too
You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Inflation is around 6.5% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
If Trump were to secure a second term, the housing market could be impacted by his approach to economic policies, including taxes and regulations. His administration previously favored deregulation, which could again influence housing and lending practices.
One possible outcome could be continued low interest rates. During his first term, Trump was a strong advocate for low interest rates, which can boost affordability for homebuyers and potentially drive up home prices due to increased demand.
Tax policy could also play a role. The Tax Cuts and Jobs Act, which was passed during Trump’s first term, had a big impact on housing by limiting the mortgage interest deduction. Another term might bring about additional changes to tax policy that could affect homeownership incentives.
Another area to watch would be immigration policy. Trump’s previous immigration policies indirectly impacted labor availability in the construction sector, which affects housing supply and, ultimately, prices.
Trade policies could also affect housing. Tariffs on building materials like steel and lumber were introduced under Trump, increasing construction costs. A similar approach might lead to higher costs for homebuilders, potentially constraining supply.
Trump’s stance on infrastructure is also worth noting. If a second term leads to more infrastructure investment, it could increase property values in certain areas, especially where new infrastructure might improve connectivity and accessibility
The market's rise after Trump's win is surprising given the economic uncertainty. While some stocks, like AI-focused ones, look strong long-term, the volatility makes me cautious. Even Bitcoin is seeing a boost, but it's tough to predict where things are heading with inflation and interest rates. Staying cautious but watching for opportunities.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Annette Christine Conte , is respected in her field. I suggest delving deeper into her credentials, as she possesses experience and serves as a valuable asset.
I can’t help but wonder what Trump's win will mean for the housing market. Typically, his policies are business-focused. I'm hoping we see postive shifts in housing prices.
From what I’ve seen, his policies generally lean toward deregulation, which might make property development more appealing to investors. Honestly, though, regardless of any short term effects, I think this is the right time for everyone to dive into the market.
It's not just housing either. Crypto is absolutely going through the roof right now. I’ve seen some insane gains over the last few months. It’s like a goldmine if you know where to look.
Same here. Between crypto and the current housing trends, I’ve made a good amount just by investing wisely. Whether it's Bitcoin or certain stocks, the returns have been pretty solid if you know how to diversify.
I started working with Graham David Fullerton a few months ago, and he’s been phenomenal. Conduct a quick search with his full name. He doesn’t just throw out ideas; he breaks down why certain investments work and how you can sustain long-term gains. His approach to housing investments and crypto has really transformed my portfolio.
Bond yields exploding higher. Mortgage rates could easily be 8% by the time Trump takes office. It doesn't matter who is President- if mortgage rates go from 2.65% to 8, 9 or 10%, there will be chaos.
I suppose we’re all on the same page now, seeing how the Fed’s endless spending has left everything in a mess, with the burden of inflation falling squarely on the working class.
The bond market is reacting strongly to proposed broad tariffs, which could drive inflation higher. This means we’re likely to see rising interest rates ahead-so if you’re considering financing, now’s the time to act before costs increase.
I anticipate mortgage rates will decrease further, while housing prices are likely to surge amid anticipated stagflation in the coming years. This environment may benefit homeowners and investors significantly, yet could pose challenges for the broader market and general population.
From my perspective, it seems that greed is the main factor impacting the market. As you’ve mentioned, it’s challenging to fully trust the government in these times. Could you share how I might get in touch with your CFA?
Can we all agree: we’re in this mess because of the federal reserve being the financier of endless government spending - inflation being passed to the working class
The government can control corporate ownership of single family homes. That would be the thing that helps families most. But trump is not going to do anything for people just corporations.
@Sonofawildanimal4241 people have believed in housing the last decade though and need homes to live. Even at 4% interest rate you still pay almost double for a house with interest over the life of the loan. It just stinks that these banks ( who are already making millions) are the ones getting more money because interest rates are elevated right now.
I do see what you mean with your point; however, mortgage rates are on the decline and are on the path to previous levels but are not back to normal levels because the Fed had to raise interest rates to lower inflation. The reason why the Fed raised interest rates was to increase control over the money supply, which is why rates went up. But since inflation is stabilizing back to 2%, the Fed is slowly cutting interest rates, as seen with the recent 0.25% cut. Give it time with the Fed's policies, and they will return back to normal, but you can't just automatically lower mortgage rates without causing major inflation and detrimental economic consequences.
Also, banks are not getting more money because they have to pay higher rates on the money they borrow from other banks and the Fed. They are getting approximately the same amount.
@@DannyWilson-z2q you do bring up good points especially with banks paying more to borrow too. And yes I agree with why they raised rates, but they also said in their meeting yesterday that they don't control mortgage rates. I thought their actions do, but even after the last big cut Treasury yields jumped like crazy and rates shot up by almost 50bps. I wish their policies would bring mortgage rates down, but from what I am seeing "speculation" in the bond market...not actual prior months data is driving the high rates in mortgages still which I don't think is right.
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Mortgage rates need to be high. Who lends out money for free? Especially, for the biggest purchases you can make in your life! You have to be stupid to give out that much money for free. Rates have been at a historical low while real estate has been BOOMING. That’s risk
My thoughts are as follows as I am getting older and trying to look into a crystal ball to figure how the 'near' future is going to look. The big concerns are as follows: - Folks borrowed way over than they can afford housing, cars .... etc. - Potential for trade wars (tariffs) is looming. According to classical economists, there are no winners in trade wars, only losers (both side) - According to classical economists, trade wars typically results in jobs losses. - No job and can't pay mortgage, houses will go into foreclosures. How many,I will have to consult the crystal ball for an answer. - To many foreclosures will certainly impact the housing marked. Just thoughts that keep going through my heads as I have close and distant family members in the construction business and 'new' mrtgage payees. Any thought on this scenario ... or it is not a concern ... no worry?
No the growth in equity is only imaginary unless it’s in their wallet. The market is not moving which proves the equity growth is not real. If it doesn’t sell it isn’t real.
Stock investment is currently better than real estate because it offers greater liquidity, allowing you to buy and sell quickly. It also requires less initial capital, making it more accessible, and you can easily diversify your portfolio to spread risk. Plus, with technology, managing stock investments has become simpler and more efficient.
Back in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet. in terms of smart investment, i believe the stock market has been really beneficial,especially with the help of a financial adviser.
I agree!! Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
My CFA, Izella Annette Anderson, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
As a low income senior I don't have time to wait for the economy to crash when house prices and mortgage rates will be bargains. There's a lot of economic pain to be had before that. I'm looking at the used RV market.
Low income senior? My lord... Look, an RV is a terrible investment with very high maintenance costs, the older, the higher the cost to maintain.... (I'm an experienced mechanic) A used RV *trailer* is probably your best best bet, followed by a used trailer home, *if* you have a place to put them. Paying off a home with a foundation is the best investment anyone can make. Mine's been paid off since I was 35. Between 2008 and 2015 there were tons of deals to be had, and at low interest rates. Historical lows. If you have kids and grand kids, *please* tell them to plan ahead...
@Meditations2024 yes, a low income senior living full time in an older motorhome. I'm well aware of the maintenance costs. With Harris, I had a good chance to get a small manufactured home. But that opportunity is now gone. I have 2 choices. Live on free government land in my old RV, or use the money I saved for a house on an older mobile home in an inexpensive RV park. Ok, option 3 is to win the lottery and option 4 is to magically get donations. But those are illusions.
Used RV market? New or Used, Just don’t do it! Have owned too many RV’s. Junk and high maintenance. Better be very handy with tools if you stick to that idea.
And a whole shitload of people will be upside down on their mortgages. If layoffs happen, people will most likely walk away from their mortgage. 2008 all over again.
@@jimbeam4111 Over 2/3 of home owners have rates of 4% or lower. The "supply" you are talking about is non existent.. Because 2/3 of the population will NOT sell. Basic knowledge .
@ will not and HAVE TO are different things. Most homes are bought on dual income. If one person gets laid off or has their income reduced or is job transferred to a new location, people will have to sell. That’s when it collapses. Same damn thing happened in 2008.
@@jimbeam4111 If most Americans are smart they would buy a home on a single income... Plus I would hope most would be doing a 50% down payment... Otherwise they have no right to get a house lol
I went today with my friends daughter and the homes are high, not even worth what theyre going for. Youner genetation cannoteven afford a starter home wit an approved loan. It is absolutely awful!
10 year Treasury Yield. An explosion in the deficit is coming. The interest on this debt is is ahead of Medicare and DEFENSE. Hyperinflation is coming soon to a theater near you.
We require those “other” countries to settle trade in the USD. They could not accept US aid and settle trade in their own currency or an alternative as BRICS is moving towards. Problem is the US would experience severe inflation. Which way do you want to go?
Retiring early! I wonder how realistic it actually is. It’s one thing to have that goal, but if you don’t have a plan, things can go sideways pretty quickly.
Absolutely! I’ve come across some terrifying tales-people diving into early retirement without adequate savings, only to face hardship a few years later. A friend of mine experienced this firsthand; he was shocked at how quickly medical bills drained his finances. It’s definitely not just about stashing away a one-time amount and thinking it’s settled.
Exactly. A solid plan is essential, especially if you want to avoid those unexpected pitfalls. I actually know someone who spoke with KRIS LIZETTE DORNBUSH, a financial advisor who’s been around the block with some big names. she’s helped everyone from politicians to people like us, and her whole thing is avoiding flashy, high-risk moves.she’s more focused on making sure people’s wealth lasts the long haul.
Oh, Kris Lizette Dornbush? I’ve heard about her. A friend of mine who owns a small business consulted her, and she came away with a way more sustainable strategy. Kris helped a lot of people, even some top executives and celebrities, but she also works with those who aren’t wealthy. What I like is that she’s practical-doesn’t push for these big, risky investments just for the sake of higher returns
So the president doesn't control the housing market or prices, but the government overspending means we as individuals have to pay higher rates due to their spending and deficits even though inflation is down and jobs reports are bad. Housong affordability is at an all time low and the government/ fed/ bond yields are sticking it to the average household in America.
His right my son first time buyer it’s hard for him to get a house ! I feel sorry for him he has 3 girls the apartment he rented caught on fire and he need house so badly ! but monthly payment is too expensive
This information is a piece of the puzzle. If Trump conducts a mass deportation and increases tariffs - labor and materials likely would go up for construction - which could delay, slow or stop new construction plans. This could mean that pre-existing housing stock could go up in value as the demand for housing could exceed supply.
With migrants not buying houses and reduction in the migrant workforce because deportations house prices are going to increase because expensive legal workforce is hired instead. Good Luck
Even if he change policy it wount have much effect because alot of housing are own by corporations and it take years to build masive inventory and at the same time are builder willing to build which cost money
7:04 Something bad like millennials being past their prime spending years and there is no generation as big as them or the boomers to fill in their shoes, plus declining demographics throughout the entire 1st world?
No idea what “cheddar” is but not great info. Trump, once again, ran on deregulation. Deregulation of the housing market will, obviously, encourage building. The president might not control interest rates or the housing market directly, however, the president can make it easier to build on federal lands…which he said he would do.
Those 2020-2021 mortgage rates are not coming back at all. People are desperate but unless there is another pandemic, we will NEVER see those rates again. Good luck.
I expect mortgage rates to fall further and housing prices to spike with the coming stagflation in the next few years. Will be great for homeowners and investors like the orange turd, but terrible for everyone else.
I'm about to close on my first home sooner and cash out refi to a mortgage in 2-5 months. Hoping my timing is going to be great as the house price is locked in but mortgage not. Thoughts?
@ That is the general strategy I’m employing with my investors and house buyers. While the trend is heading that way, I can’t say it’ll happen in just 2-5 months. Maybe mid 2025 or the end of the year. For me, I’ll be buying whenever I catch a deal as the coming asset inflation will be great for property owners.
A trump administration is the best thing that can happen to American real estate after 2+ years of record setting lows. Biden energy policy and regulation inflated the cost of transportation, goods and services. Trump energy independence will bring costs down. It’s as simple as that. Real estate agent in Denver, CO
Having studied this issue first hand, most of you need to stop blaming the federal government for things your local government are responsible for. We could stabilize the housing market by enacting higher property taxes. It's that simple.
I'm wondering if a lot of houses may come back on the market when non citizen homeowners get deported, leaving empty homes. How will those homes be resold? Will the deeds be treated as repos? Will the houses have to set empty for months to meet repo rules? .
Great it will be! People will come together to buy and build our own We will be fuel independent again.More foreign tariffs yo make our money stronger again and much,much more.
Tariffs will just increase the cost of sale for imported goods. The buyer pays it (you) and the money goes to uncle Sam while the original sale price goes to the foreign country who is tariffed.
Think you should read up of how much oil is being pumped out of US land during Biden’s Adm. vs Trump’s. Also do a little research of why most oil we pump out of the ground cannot be refined here. “Fuel independence” is a catch phase. Tariffs are just another name for tax.
Everyone thinks inflation will kick up so they are jumping into bonds. I’m betting stocks will keep soaring a few years. People will see how much money they are losing and jump back to stocks.
When talking about Trump's plan, remember that he is an independent entrepreneurial spirit and will come up with the solutions that may not fit into your box of what usually happens.
I'd like to hear his plan because his first 4 years were highly ineffective. The only thing he did that was long lasting was give tax credits to the wealthiest Americans in 2017 at a time they needed it the least.
Something bad did happen.Trump was elected. So now, much like his last economy.As we start to struggle and suffer the interest rates should come down again
I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.
If you're in the market, now is the time to buy. Home prices are unlikely to decrease further, and if interest rates do decline in the future, refinancing is always an option.
In my opinion, home prices need to decrease by at least 40% before the market finds balance. For those unsure about buying property right now, seeking advice from an experienced financial advisor for optimal portfolio allocation is crucial. This approach has worked for me-I’ve managed to stay profitable over the past five years, accumulating nearly $1 million in investment returns.
That's impressive! I'd be happy to share more details. I understand the hesitation, especially when it feels like many firms offer similar services. However, finding a trustworthy advisor has been key to my success.
Rebecca Lynne Buie has consistently been my top recommendation. She’s widely recognized for her expertise in financial markets and has a strong track record. I highly recommend her.
Thank you for taking my advice. I'm glad you were able to research her background and feel confident moving forward. I hope your call goes well-her track record speaks for itself, and I'm optimistic you'll find her guidance valuable.
"Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Melissa Terri Swayne is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Wow, her track record looks really good from what I found online.i just messaged her, let's see how it goes. Thanks for the info
With the market volatility and inflation pressures, I'm curious how a second Trump term might affect housing investments and broader market stability. I've seen tech stocks like NVIDIA do well, but crypto, especially Bitcoin, has also spiked this year. Is it better to stay focused on resilient stocks, or should we shift towards assets like real estate that might benefit from policy changes?
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
Her name is “Kenia Giordani Borges”. Just look her up, and you'll find the details to set up an appointment.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.
Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with 'Grace Adams Cook' for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just looked her up on the internet and found her webpage with her credentials. I wrote her an outlining my financial objectives and planned a call with her.
The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like gold, silver, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
I’m closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in over 80% profit than some of my peers who have been investing for many years. Maybe you should consider this too
I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Melissa Terri Swayne for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.
I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too
You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Inflation is around 6.5% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
If Trump were to secure a second term, the housing market could be impacted by his approach to economic policies, including taxes and regulations. His administration previously favored deregulation, which could again influence housing and lending practices.
One possible outcome could be continued low interest rates. During his first term, Trump was a strong advocate for low interest rates, which can boost affordability for homebuyers and potentially drive up home prices due to increased demand.
Tax policy could also play a role. The Tax Cuts and Jobs Act, which was passed during Trump’s first term, had a big impact on housing by limiting the mortgage interest deduction. Another term might bring about additional changes to tax policy that could affect homeownership incentives.
Another area to watch would be immigration policy. Trump’s previous immigration policies indirectly impacted labor availability in the construction sector, which affects housing supply and, ultimately, prices.
Trade policies could also affect housing. Tariffs on building materials like steel and lumber were introduced under Trump, increasing construction costs. A similar approach might lead to higher costs for homebuilders, potentially constraining supply.
Trump’s stance on infrastructure is also worth noting. If a second term leads to more infrastructure investment, it could increase property values in certain areas, especially where new infrastructure might improve connectivity and accessibility
The market's rise after Trump's win is surprising given the economic uncertainty. While some stocks, like AI-focused ones, look strong long-term, the volatility makes me cautious. Even Bitcoin is seeing a boost, but it's tough to predict where things are heading with inflation and interest rates. Staying cautious but watching for opportunities.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@@Dantursi1 Do you mind sharing info on the adviser who assisted you?
Annette Christine Conte , is respected in her field. I suggest delving deeper into her credentials, as she possesses experience and serves as a valuable asset.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I can’t help but wonder what Trump's win will mean for the housing market. Typically, his policies are business-focused. I'm hoping we see postive shifts in housing prices.
From what I’ve seen, his policies generally lean toward deregulation, which might make property development more appealing to investors. Honestly, though, regardless of any short term effects, I think this is the right time for everyone to dive into the market.
It's not just housing either. Crypto is absolutely going through the roof right now. I’ve seen some insane gains over the last few months. It’s like a goldmine if you know where to look.
Same here. Between crypto and the current housing trends, I’ve made a good amount just by investing wisely. Whether it's Bitcoin or certain stocks, the returns have been pretty solid if you know how to diversify.
I’ve been thinking about getting into the market, but I don’t even know where to start. Any suggestions?
I started working with Graham David Fullerton a few months ago, and he’s been phenomenal. Conduct a quick search with his full name. He doesn’t just throw out ideas; he breaks down why certain investments work and how you can sustain long-term gains. His approach to housing investments and crypto has really transformed my portfolio.
Bond yields exploding higher. Mortgage rates could easily be 8% by the time Trump takes office. It doesn't matter who is President- if mortgage rates go from 2.65% to 8, 9 or 10%, there will be chaos.
@jonathantaylor6926 easy to blame him then. He said he'll make it affordable we as a people should hold him to it. If not then start being real vocal
@@LS1056if the rates go to 8% before he joins office then how is that his fault. It will be his fault if it happens after he joins office
@@LS1056 haha too late..all he does is fire people
The real problem is people bought a $80,000 home and paid $300,000 for it. They were never worth that to begin with.
I hope rates does go up. Less demand will, make desperate sellers lower prices. Home prices need to go down at least 15-30%.
I suppose we’re all on the same page now, seeing how the Fed’s endless spending has left everything in a mess, with the burden of inflation falling squarely on the working class.
The bond market is reacting strongly to proposed broad tariffs, which could drive inflation higher. This means we’re likely to see rising interest rates ahead-so if you’re considering financing, now’s the time to act before costs increase.
I anticipate mortgage rates will decrease further, while housing prices are likely to surge amid anticipated stagflation in the coming years. This environment may benefit homeowners and investors significantly, yet could pose challenges for the broader market and general population.
From my perspective, it seems that greed is the main factor impacting the market. As you’ve mentioned, it’s challenging to fully trust the government in these times. Could you share how I might get in touch with your CFA?
Presidents don’t have the level of power or influence over the economy that many people believe they do.
Drop the libertarian bullshit. Our problems are cause by corporate greed, not government spending.
How about unrealistic pricing? I can date a rate
Can we all agree: we’re in this mess because of the federal reserve being the financier of endless government spending - inflation being passed to the working class
I guess it didn't occur to you THE ULTRA RICH NEED TO PAY MORE TAX.
Well, he could bring down housing costs by crashing the market.
This is what Elon Musk recommends
Then the rich will still wind up with everything, and everyone else will still be priced out.
the market will crash due to his mismanagement of our money.
We're a feudalism society. It failed in Rome and it will fail again.
Unfortunately @@mw354
The government can control corporate ownership of single family homes. That would be the thing that helps families most. But trump is not going to do anything for people just corporations.
“Let’s end on some good news…”
Crickets…
I hear more When Trump is talking
Mortgage rates were 4% from 2010 to 2020. No reason they cant go back to that.
They needed to get people to believe in housing, after the GFC, so they made it cheap to borrow money.
@Sonofawildanimal4241 people have believed in housing the last decade though and need homes to live. Even at 4% interest rate you still pay almost double for a house with interest over the life of the loan. It just stinks that these banks ( who are already making millions) are the ones getting more money because interest rates are elevated right now.
I do see what you mean with your point; however, mortgage rates are on the decline and are on the path to previous levels but are not back to normal levels because the Fed had to raise interest rates to lower inflation. The reason why the Fed raised interest rates was to increase control over the money supply, which is why rates went up. But since inflation is stabilizing back to 2%, the Fed is slowly cutting interest rates, as seen with the recent 0.25% cut. Give it time with the Fed's policies, and they will return back to normal, but you can't just automatically lower mortgage rates without causing major inflation and detrimental economic consequences.
Also, banks are not getting more money because they have to pay higher rates on the money they borrow from other banks and the Fed. They are getting approximately the same amount.
@@DannyWilson-z2q you do bring up good points especially with banks paying more to borrow too. And yes I agree with why they raised rates, but they also said in their meeting yesterday that they don't control mortgage rates. I thought their actions do, but even after the last big cut Treasury yields jumped like crazy and rates shot up by almost 50bps.
I wish their policies would bring mortgage rates down, but from what I am seeing "speculation" in the bond market...not actual prior months data is driving the high rates in mortgages still which I don't think is right.
What about the Autos cost ? almost the same as a home.?
No homes in nh are 700k
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in August 2024
I would really love to know how much work you did put in to get to this stage
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
I'm favoured, 90K every week! I can now give back to the locals in my communities and also support God's work and the church. God bless America,, thank you Mr Jihan Wu😊🎉
Waking up every tenth of each month to £210,000 it’s a blessing to I and my family… Big gratitude to this same Jihan Wu🙌
Please how can I get in touch with this coach Jihan Wu ? I really need to give him a try
What about Donnie's tariffs that caused the price of new builds to go through the roof the last few years - these will be extended.
COLORADO needs to drop in price, going from 2.5% to the least 4 years to 6.85% and prices on homes going from 325k to 725k is crazy...
Mortgage rates need to be high. Who lends out money for free? Especially, for the biggest purchases you can make in your life! You have to be stupid to give out that much money for free. Rates have been at a historical low while real estate has been BOOMING. That’s risk
My thoughts are as follows as I am getting older and trying to look into a crystal ball to figure how the 'near' future is going to look. The big concerns are as follows:
- Folks borrowed way over than they can afford housing, cars .... etc.
- Potential for trade wars (tariffs) is looming. According to classical economists, there are no winners in trade wars, only losers (both side)
- According to classical economists, trade wars typically results in jobs losses.
- No job and can't pay mortgage, houses will go into foreclosures. How many,I will have to consult the crystal ball for an answer.
- To many foreclosures will certainly impact the housing marked.
Just thoughts that keep going through my heads as I have close and distant family members in the construction business and 'new' mrtgage payees.
Any thought on this scenario ... or it is not a concern ... no worry?
No the growth in equity is only imaginary unless it’s in their wallet. The market is not moving which proves the equity growth is not real. If it doesn’t sell it isn’t real.
Stock investment is currently better than real estate because it offers greater liquidity, allowing you to buy and sell quickly. It also requires less initial capital, making it more accessible, and you can easily diversify your portfolio to spread risk. Plus, with technology, managing stock investments has become simpler and more efficient.
Back in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet. in terms of smart investment, i believe the stock market has been really beneficial,especially with the help of a financial adviser.
I agree!! Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
@@mariaguerrero08That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
My CFA, Izella Annette Anderson, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
The bond market is freaking out over proposed broad tariffs causing high inflation. So, look forward to higher rates.
load of crap, do your research
Probably not, unless he goes after companies buying it, then no. Probably make it worse
You know he's going to give them all the advantages, right?
@Sparkle_Wizard and how does that help home buyers? So no. Trump once more gonna ruin more shit
@LS1056 that's what I'm saying, it doesn't help homebuyers. He's going to give the companies all the advantages
@Sparkle_Wizard Exactly. So what we could do is that every day for office we be vocal until the administration listens. We argue every day
He is one of those companies. That's literally how his family built their fortune.
As a low income senior I don't have time to wait for the economy to crash when house prices and mortgage rates will be bargains.
There's a lot of economic pain to be had before that.
I'm looking at the used RV market.
Low income senior? My lord...
Look, an RV is a terrible investment with very high maintenance costs, the older, the higher the cost to maintain.... (I'm an experienced mechanic) A used RV *trailer* is probably your best best bet, followed by a used trailer home, *if* you have a place to put them.
Paying off a home with a foundation is the best investment anyone can make. Mine's been paid off since I was 35. Between 2008 and 2015 there were tons of deals to be had, and at low interest rates. Historical lows.
If you have kids and grand kids, *please* tell them to plan ahead...
@Meditations2024 yes, a low income senior living full time in an older motorhome.
I'm well aware of the maintenance costs.
With Harris, I had a good chance to get a small manufactured home. But that opportunity is now gone.
I have 2 choices. Live on free government land in my old RV, or use the money I saved for a house on an older mobile home in an inexpensive RV park.
Ok, option 3 is to win the lottery and option 4 is to magically get donations. But those are illusions.
Used RV market? New or Used, Just don’t do it! Have owned too many RV’s. Junk and high maintenance. Better be very handy with tools if you stick to that idea.
Housing supply on the market is going up, price cuts are going up. Home values will fall as supply grows and sits
And a whole shitload of people will be upside down on their mortgages. If layoffs happen, people will most likely walk away from their mortgage. 2008 all over again.
@@jimbeam4111 people been saying this for the last 3-4 years...
@@jimbeam4111 Over 2/3 of home owners have rates of 4% or lower. The "supply" you are talking about is non existent.. Because 2/3 of the population will NOT sell. Basic knowledge .
@ will not and HAVE TO are different things. Most homes are bought on dual income. If one person gets laid off or has their income reduced or is job transferred to a new location, people will have to sell. That’s when it collapses. Same damn thing happened in 2008.
@@jimbeam4111 If most Americans are smart they would buy a home on a single income... Plus I would hope most would be doing a 50% down payment... Otherwise they have no right to get a house lol
GREED
I was ready to own a house next year. That plan is now dead.
I went today with my friends daughter and the homes are high, not even worth what theyre going for. Youner genetation cannoteven afford a starter home wit an approved loan. It is absolutely awful!
HARRIS WAS OFFERING 25K FTMB
10 year Treasury Yield. An explosion in the deficit is coming. The interest on this debt is is ahead of Medicare and DEFENSE. Hyperinflation is coming soon to a theater near you.
Sell us down the river….
Yeah, we definitely need less taxes and a bigger "America's Credit Card" payment, where we send the money to other countries. Awesome.
We require those “other” countries to settle trade in the USD. They could not accept US aid and settle trade in their own currency or an alternative as BRICS is moving towards. Problem is the US would experience severe inflation. Which way do you want to go?
Banks are trying to cover their debt. 7x more debt than 2008. That’s why they are raising rates when the fed is lowering the lending rate to banks.
Retiring early! I wonder how realistic it actually is. It’s one thing to have that goal, but if you don’t have a plan, things can go sideways pretty quickly.
Absolutely! I’ve come across some terrifying tales-people diving into early retirement without adequate savings, only to face hardship a few years later. A friend of mine experienced this firsthand; he was shocked at how quickly medical bills drained his finances. It’s definitely not just about stashing away a one-time amount and thinking it’s settled.
Exactly. A solid plan is essential, especially if you want to avoid those unexpected pitfalls. I actually know someone who spoke with KRIS LIZETTE DORNBUSH, a financial advisor who’s been around the block with some big names. she’s helped everyone from politicians to people like us, and her whole thing is avoiding flashy, high-risk moves.she’s more focused on making sure people’s wealth lasts the long haul.
Oh, Kris Lizette Dornbush? I’ve heard about her. A friend of mine who owns a small business consulted her, and she came away with a way more sustainable strategy. Kris helped a lot of people, even some top executives and celebrities, but she also works with those who aren’t wealthy. What I like is that she’s practical-doesn’t push for these big, risky investments just for the sake of higher returns
Lower energy prices may lower construction costs
🤣
So the president doesn't control the housing market or prices, but the government overspending means we as individuals have to pay higher rates due to their spending and deficits even though inflation is down and jobs reports are bad. Housong affordability is at an all time low and the government/ fed/ bond yields are sticking it to the average household in America.
Build more homes!!
who is going to build them with Trump’s mass deportation plan 🙄
Where? They're building crap apartments everywhere
That was Kamala plan 😂😂😂
It's an affordability issue not a supply issue
Millions of them are empty. Supply isn't the issue, who owns them is.
What unfreezes the housing market is panic :) Let that inventory keep building up, eventually those extending and pretending will be exposed.
I feel like the American dream of owning a house is becoming the American fantasy.
His right my son first time buyer it’s hard for him to get a house ! I feel sorry for him he has 3 girls the apartment he rented caught on fire and he need house so badly ! but monthly payment is too expensive
This information is a piece of the puzzle. If Trump conducts a mass deportation and increases tariffs - labor and materials likely would go up for construction - which could delay, slow or stop new construction plans. This could mean that pre-existing housing stock could go up in value as the demand for housing could exceed supply.
With migrants not buying houses and reduction in the migrant workforce because deportations house prices are going to increase because expensive legal workforce is hired instead. Good Luck
Currently at 3%. Not changing a thing right now. Unless you want to buy my place for $200k more then its worth. You listening cold callers?
He’ll impose tarrifs, less illegal immigration/cheap labor, more layoffs(private and public sector) ie expensive new homes..
These “housing experts” just keep repeating the same old thing that everyone’s heard numerous times as if it’s new insight and analysis!
I got mine so I wont be affected. Rates will come down on smoke and mirror trump economy, driving up inflation.
Housing will improve in 2026 and beyond it will take time
Even if he change policy it wount have much effect because alot of housing are own by corporations and it take years to build masive inventory and at the same time are builder willing to build which cost money
7:04 Something bad like millennials being past their prime spending years and there is no generation as big as them or the boomers to fill in their shoes, plus declining demographics throughout the entire 1st world?
No idea what “cheddar” is but not great info. Trump, once again, ran on deregulation. Deregulation of the housing market will, obviously, encourage building. The president might not control interest rates or the housing market directly, however, the president can make it easier to build on federal lands…which he said he would do.
Trump's second term "a light at the end of the tunnel"?? Let's be real!! 🙄🤨
What Real Estate Investors Need to Know About President-Elect Trump's Proposed Policies
If you have a thriving economy people will buy.
Unlocking buildable land is the 1st step. It's an artificially low supply now.
People have revolted over less. This country sucks!
I raised my home price $20K for anyone who voted for the fascist. Bring your voter registration card.
🎉
So 20k discount if we didn't vote for the fascist right?? :)
Lmao
Only way the home prices go down is if the supply of homes goes up. Let’s see how Trump increases the supply of homes.
Trump will send housing price to the moon.
Right now home price is on the moon already, shame on Biden and all Dems
Thats what happened under Biden's term and then everyone complained about inflation.
unaffordability
That’s why home sell are lowest level in the history. Then people is paying a lot of tax and insurance.
Man, he’s saying a lot of NOTHING tbh Lol
Those 2020-2021 mortgage rates are not coming back at all. People are desperate but unless there is another pandemic, we will NEVER see those rates again. Good luck.
Yall make so much money how about lower yall salary and help the American people that need help
I expect mortgage rates to fall further and housing prices to spike with the coming stagflation in the next few years. Will be great for homeowners and investors like the orange turd, but terrible for everyone else.
I'm about to close on my first home sooner and cash out refi to a mortgage in 2-5 months. Hoping my timing is going to be great as the house price is locked in but mortgage not. Thoughts?
@ That is the general strategy I’m employing with my investors and house buyers.
While the trend is heading that way, I can’t say it’ll happen in just 2-5 months. Maybe mid 2025 or the end of the year.
For me, I’ll be buying whenever I catch a deal as the coming asset inflation will be great for property owners.
A trump administration is the best thing that can happen to American real estate after 2+ years of record setting lows. Biden energy policy and regulation inflated the cost of transportation, goods and services. Trump energy independence will bring costs down. It’s as simple as that.
Real estate agent in Denver, CO
Gas is low and we're producing more oil and gas than ever before in history. Tariffs, tax cuts, mass deportation are all inflationary policies.
@ ua-cam.com/video/Eu_hjVpFOwg/v-deo.html
@@jordansheffield6101 My response has been deleted several times for referencing other videos. Shame on Cheddar for blocking the truth.
@@clintmoll6861 it was probably a waste of both our time
@ are you referencing your uneducated opinion? I would agree
I cant find the video but stop posting false information and do the proper research %#^**^#^**>
Having studied this issue first hand, most of you need to stop blaming the federal government for things your local government are responsible for. We could stabilize the housing market by enacting higher property taxes. It's that simple.
Lmao that's a terrible idea
I'm wondering if a lot of houses may come back on the market when non citizen homeowners get deported, leaving empty homes. How will those homes be resold? Will the deeds be treated as repos? Will the houses have to set empty for months to meet repo rules?
.
Buy your house now! Bond yields are creeping up and the mortgage rates will follow suit
Great it will be! People will come together to buy and build our own We will be fuel independent again.More foreign tariffs yo make our money stronger again and much,much more.
Tariffs will just increase the cost of sale for imported goods. The buyer pays it (you) and the money goes to uncle Sam while the original sale price goes to the foreign country who is tariffed.
Think you should read up of how much oil is being pumped out of US land during Biden’s Adm. vs Trump’s. Also do a little research of why most oil we pump out of the ground cannot be refined here. “Fuel independence” is a catch phase. Tariffs are just another name for tax.
🤣😂🤣
always good to know what the financial expurts are thinking ! they have the know and will lead you to big money returns .
Housing supply will go up as more people are put into prisons and camps
Bet they are the best places to live for Trumpers can't wait to see them move 🎉
Everyone thinks inflation will kick up so they are jumping into bonds. I’m betting stocks will keep soaring a few years. People will see how much money they are losing and jump back to stocks.
When talking about Trump's plan, remember that he is an independent entrepreneurial spirit and will come up with the solutions that may not fit into your box of what usually happens.
He’s a con artist
I'd like to hear his plan because his first 4 years were highly ineffective. The only thing he did that was long lasting was give tax credits to the wealthiest Americans in 2017 at a time they needed it the least.
Don't bother with the MAGA cult some of us have popcorn to watch the Trump MAGA shit show 🎉
These guys may think they are experts but they don't know how smart Trump is about money. He will find a way to make it all work don't worry.
Cult dreams and unicorns 😂
These guys are so negative!
People keep underestimating President Trump. You would think that they would learn by now. 😂😅
What did he legislate his first 4 years he was in office. I remember he gave America covid.
His tariffs last time caused an agriculture bailout. He didnt even get as many votes as 2020. America is just stupid
MAGA BULLSHIT,number one question on Google day after election this is true "what is a tariff " 😂😂
@@horsejocky5819 redhat shortbus riders will be getting exactly what they voted for.
Trump will save the housing market.
Good luck with that.
Right after he saves casinos.
@@Squid-Lips And solves the Israel Palestine conflict.
How so?
.....lol lets hope
Something bad did happen.Trump was elected.
So now, much like his last economy.As we start to struggle and suffer the interest rates should come down again
House prices are going to continue to raise. (I hope not though)