Barbara Corcoran: This would make the real estate market go ‘ballistic’

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  • Опубліковано 25 гру 2024

КОМЕНТАРІ • 438

  • @Susanhartman.
    @Susanhartman. 28 днів тому +156

    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.

    • @mikegarvey17
      @mikegarvey17 28 днів тому +5

      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

    • @ThomasChai05
      @ThomasChai05 28 днів тому +4

      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

    • @mariaguerrero08
      @mariaguerrero08 28 днів тому +4

      @@ThomasChai05I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

    • @ThomasChai05
      @ThomasChai05 28 днів тому +3

      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 *Izella Annette Anderson* for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @91ScottieP
      @91ScottieP 28 днів тому +2

      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.

  • @gingerkilkus
    @gingerkilkus 29 днів тому +253

    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. Sure I'm not alone in my chain of thoughts.

    • @CharlesArthur-fq5sx
      @CharlesArthur-fq5sx 29 днів тому +3

      Buy now, home prices will not go lower. If rates drop, you can refinance

    • @AlfredWilliams-ki6ri
      @AlfredWilliams-ki6ri 29 днів тому +3

      The government will have no choice but to print more notes and lower interest rates

    • @williamDonaldson432
      @williamDonaldson432 29 днів тому +2

      Well i think, home prices will need to fall by at least 40% before the market normalizes. If you do not know whether to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in return on investments.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 29 днів тому

      @@williamDonaldson432 this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 29 днів тому

      this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

  • @newtec-kd6vy
    @newtec-kd6vy Місяць тому +135

    No it’s not from the interest rates, it’s the price of the home going up 100% in 4 years

    • @jimsullins9162
      @jimsullins9162 Місяць тому +12

      Even 200% and more !

    • @johnsirko4
      @johnsirko4 Місяць тому +15

      @@newtec-kd6vy barb is so out of touch with reality

    • @twinb0838
      @twinb0838 Місяць тому +7

      ​@@johnsirko4she completely lost in her riches

    • @hadtocheathimtobeathim6549
      @hadtocheathimtobeathim6549 Місяць тому

      Rates don’t help. I’m looking at buying a new house. I currently have a 3% rate. Best now is nearly 7% which adds over $1500 a month to the payment.

    • @awaitingSaint777
      @awaitingSaint777 Місяць тому

      Mostly

  • @jburch1544
    @jburch1544 Місяць тому +55

    This woman sounds like a typical realtor.

    • @KJInvesting
      @KJInvesting Місяць тому +3

      lol, she is a realtor!!

    • @jadonmesfun6479
      @jadonmesfun6479 29 днів тому +1

      She's a professional realtor. That's how she got rich 😂😂😂

  • @escapegrl1
    @escapegrl1 Місяць тому +76

    Home insurance is going through the roof too!

  • @jameswood9772
    @jameswood9772 26 днів тому +128

    First mortgages with rates of 8 to 9% and 9% to 10% were common when I bought my first house to live in, which was in Miami in the early 1990s. People will have to come to terms with the fact that we may never get back to 3%. Home prices will have to drop if sellers are forced to sell, and appraisals will drop as a result. I'm very certain that I'm not the only one thinking this.

    • @johnlennon232
      @johnlennon232 26 днів тому +3

      In fact, it will only grow worse. Affordable homes will soon become unaffordable. Therefore, if anyone wants to do something, I suggest doing it right away because tomorrow's costs will appear to be lower than they are today. I believe that frenzy brought on by excessive inflation will persist until the Fed tightens its regulations considerably further. The bandage cannot be torn off in the middle.

    • @bobbymainz1160
      @bobbymainz1160 26 днів тому +1

      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.

    • @chris-pj7rk
      @chris-pj7rk 26 днів тому +2

      nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

    • @bobbymainz1160
      @bobbymainz1160 26 днів тому +6

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Amy Desiree Irish” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @chris-pj7rk
      @chris-pj7rk 26 днів тому +1

      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.

  • @davekinghorn9567
    @davekinghorn9567 Місяць тому +43

    First time buyers don't require a minor rate drop. They require a 90% PRICE drop. Not gonna' happen.

    • @jaredroussel
      @jaredroussel Місяць тому

      Yeah, they need more first-time buyers so that Larry Fink has someone to dump inventory on. There's a reason this is the RESIDENTIAL housing market and "SINGLE FAMILY HOMES". It's supposed to be exclusively FOR first-time buyers and those who resell with the exception of those who can afford a vacation home. Instead, it's now become a market where individual buyers are supposed to price compete with private equity, home flippers, and people with a 20-home portfolio. It's asinine.

    • @shanerogers9386
      @shanerogers9386 Місяць тому +1

      @@jaredrousselhow much can a corporation rent a pile of ashes for ?

    • @SaveManWoman
      @SaveManWoman Місяць тому

      20% guranteed!

  • @perry5598
    @perry5598 Місяць тому +42

    Here in Florida homes that cost $100,000 5 years ago now cost you $300,000,$500,000 homes sell for 1 million, the market here has gone insane with all the new arrivals, insurance cost are unbelievable, we now have the highest rent in the nation.

    • @Duke_of_Prunes
      @Duke_of_Prunes Місяць тому +1

      The population jumped a full 1M people in 5 years! PLUS there is ridiculous influx of tourists during high season, so many houses are now being used as Air B&b. So no offense, but I am happy where I am at!

    • @user-ef3nu1eh7z
      @user-ef3nu1eh7z Місяць тому

      I buy house new built ín 98 98000$ 20 years it stays rate steady now 2020 to 2023 4 tax increases in less than 3 years govt say my 98000. Home is now worth 370000$ called bank to get out of finance company ( who also changed hands 4 times in under same 3 years ) all under Biden administration

    • @debblooth3490
      @debblooth3490 Місяць тому +5

      Plus with appraised home value up goes (property tax ,a repugnant un-American thing ) ,then if you can't pay the idiotic tax ,the county puts a lien against your home ,and you never truly own a thing ....

    • @clinturbanek6794
      @clinturbanek6794 Місяць тому +5

      I have been watching the real estate market, and you are not lying. About every 4th house I look at on zillow has sold in the past 4 years, and all want double what they paid.

    • @shanerogers9386
      @shanerogers9386 Місяць тому +3

      100-500 percent increase since 2021 here in Palm beach county, FL.
      It’s all flippers and investors colluding the market with shady, private money and appraisal fraud.

  • @kirkholmes9316
    @kirkholmes9316 Місяць тому +40

    Interest rates are not the reason people gave to wait to buy, the rest of the economy is more of a problem and the black rocks, vanguards and state streets paying cash for hones and renting them out at higher than mortgage rates is the bigger problem

    • @ocvegasproperty
      @ocvegasproperty Місяць тому +4

      I think you are confusing Blackstone with the three you list. Blackstone is the only on buying single family home. State Street, Vanguard and Black Rock do not buy individual homes, and aren’t in the rental business.

    • @BookerT1
      @BookerT1 Місяць тому +1

      I'm ready to move and Interest rates is a key reason I have not.

    • @jonathantaylor6926
      @jonathantaylor6926 Місяць тому

      Investors cornered the market when the 10 year hit the absurd low of 51 basis points. Real estate is a great market to corner because it takes so long to get new inventory into the market.

  • @JamesBond-vn1gh
    @JamesBond-vn1gh Місяць тому +42

    The Staten Island bakery should sue Whoopi and ABC for defamation, they both need to be held accountable.

  • @Robertafelix-x3q
    @Robertafelix-x3q Місяць тому +63

    I don’t know about you guys, but this economy feels worse every day. Prices just keep going up, and it feels like I can’t get ahead no matter how hard I try

    • @Kelompok16SistemMultimedia
      @Kelompok16SistemMultimedia Місяць тому +1

      Tell me about it. Even saving isn’t what it used to be. Inflation just eats up everything. I’m trying to figure out if there’s a better strategy here, you know?

    • @StaffSpecial
      @StaffSpecial Місяць тому +1

      Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable

    • @LawrenceGlynis
      @LawrenceGlynis Місяць тому

      You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.

    • @MarieRandy438
      @MarieRandy438 Місяць тому

      Absolutely I transitioned to trading as well, and it’s truly the most effective way to navigate this economy. There are risks involved, but with the right strategy, the potential gains are significant.

    • @KathyJvanest
      @KathyJvanest Місяць тому

      Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to Stephen Vincent Marotto🙌

  • @VlogEpicness
    @VlogEpicness Місяць тому +9

    Everything is hyper inflated. Now might be the worse time to buy.

  • @FrankGallagherr
    @FrankGallagherr Місяць тому +45

    Who else loathes Obama, Kamala Harris, Walz, Biden, Jack Smith, Mayorkas, Schumer, Newsom, Schiff, Hochul, Willis, Fauci, Pelosi, Cheney, Hillary, AOC, Woke Hollywood, CNN, ABC, CBS, MSDNC, Facebook, google and UA-cam censorship:?’

    • @FarmToMarketRoad
      @FarmToMarketRoad Місяць тому +5

      I loath a Trump!

    • @Dusty42096
      @Dusty42096 Місяць тому

      Why does Nancy Pelosi get to inside trade when the rest of us would get prison time.

    • @TheTrumpmancometh2024
      @TheTrumpmancometh2024 Місяць тому

      Trump won! Screw the blue no matter who!!

    • @JohnDoe-ui5gm
      @JohnDoe-ui5gm Місяць тому +1

      Not me. I thank them. without it you yahoos would be on here saying all kinds of crazy sh1t.

    • @TheilliterateLibrarian
      @TheilliterateLibrarian Місяць тому

      @@JohnDoe-ui5gmwell get used to the TRUMP team!!!

  • @JefferyNorman-n5q
    @JefferyNorman-n5q 24 дні тому +124

    The reason I found this channel is because I realized all the extreme clickbait videos didn't do me good. So then I started looking for uninteresting thumbnails. Wouldn't you know it, I've found a man that has enough respect towards those around him to give them a clear image of what's happening. Not only that but he is brutally honest about the harsh reality of it all. I couldn't be more thankful for your videos. Thank you for keeping me in the loop and preparing me to live through this day and age thou With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

    • @huognguyen8487
      @huognguyen8487 24 дні тому

      Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having an advisor guide me cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline. Apparently the only way to avoid complains is to have a personal financial advisor as i do "sophie kathryn jones' that's her name, for 2 years now i haven't been complaining on trading stock...Nowadays my assest are been managed by her.

    • @Owen-k9h
      @Owen-k9h 24 дні тому

      Stock market has been skyrocketing and bitcoin hit 90k also doge which is owned by Elon musk....i will say this is an end of the year manipulation, TRUMP and ELON MUSK now own the crypto worldglasses-purple-yellow-diamondits attracted the bullish run which now isnt the right time to buy stock or crypto With marketcap increasing daily couple of days ago it was $1.56T but today it's now $1.74T...advisor sophie what a popular woman.

    • @loganhosman
      @loganhosman 24 дні тому

      @@Owen-k9h i still can't believe sophie has gotten herself here thats surprising, she has been my FA for a year and 6 months now....truly $230k has skyrocket to $870k in just a space of 7 months.i will not be sure it an end of the year market manipulation , but having a financial advisor is 100% they also know where safer to invest your money...i have peter who's my FA but i will try and invest some amount with sophie, i just hope she doesn't charge much on stock portfolio

    • @SeanPeter-k5p
      @SeanPeter-k5p 24 дні тому

      @@loganhosman Indeed, that's accurate. I've been in contact with a financial advisor who manages the entry and exit strategies for my portfolio, which started with an initial reserve of $80,000 and has since grown to around $480,000 in profit. 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 sophie kathryn Constable for about five years now, and her performance has been consistently impressive.

    • @கோபிசுதாகர்
      @கோபிசுதாகர் 23 дні тому

      You found the channel of Fox News?? 😂😂😂

  • @johntynio3416
    @johntynio3416 Місяць тому +18

    Barbara Corcoran is not very insightful! Thanks Fox Business!

  • @newtec-kd6vy
    @newtec-kd6vy Місяць тому +21

    I don’t think prices will go up much more, people are broke

    • @ARMENASSATURIAN
      @ARMENASSATURIAN Місяць тому +7

      No the people you know are broke

    • @newtec-kd6vy
      @newtec-kd6vy Місяць тому +2

      @ no that’s a stat about the average America is in record credit card debt

    • @ocvegasproperty
      @ocvegasproperty Місяць тому +1

      People will have to rent homes.

    • @newtec-kd6vy
      @newtec-kd6vy Місяць тому

      @ yup just like Biden and the democrats have wanted. Crazy how fast it changed in 4 years

    • @IndependentObserver-eb9pv
      @IndependentObserver-eb9pv Місяць тому

      Blackrock doesn't care about broke people. They welcome them to sell.

  • @smiskowiak
    @smiskowiak Місяць тому +11

    The real issue when it comes to home buying is investors vs residential buyer. Investors are pushing bids that are $20k+ over the asking price. For somebody who struggled to save for the 20% down payment, that amount just got higher. So where you once had neighborhoods where most of the residents owned the home. Now those same neighborhoods have renters that don't take as good of care of the house.

  • @LongNguyen-fp8ri
    @LongNguyen-fp8ri Місяць тому +14

    Don’t ask Barbara. She’ll hook you in for price bidding. She needs $$$. People simply can’t afford

  • @lorenzell3104
    @lorenzell3104 Місяць тому +8

    With a declining birth rate, and massive deportation on the horizon, demand from young buyers is likely to remain low and even decline.

  • @luggagecombo12345
    @luggagecombo12345 Місяць тому +5

    For first-time buyers it's not the rate, it's the price

  • @escapegrl1
    @escapegrl1 Місяць тому +9

    It’s not even the house! When prop taxes adjust to the new buyer, look out! Can be $1,000 extra a month!

    • @resnonverba3351
      @resnonverba3351 22 дні тому

      Only???. What about 1600 after insurance and HOA…Maintenance and higher utilities aside…

  • @ClarkeGriffiny7
    @ClarkeGriffiny7 Місяць тому +906

    I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

    • @BellamyGriffin19
      @BellamyGriffin19 Місяць тому +2

      "Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

    • @RaymondKeen.
      @RaymondKeen. Місяць тому +2

      Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

    • @SandraDave.
      @SandraDave. Місяць тому +3

      this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @RaymondKeen.
      @RaymondKeen. Місяць тому +3

      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.

    • @sharonwinson-m8g
      @sharonwinson-m8g Місяць тому +1

      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.

  • @thejedaru1383
    @thejedaru1383 Місяць тому +28

    this two are swamp protectors

  • @AlaskanGoldMiner
    @AlaskanGoldMiner Місяць тому +4

    The only thing that will fix housing is lower home prices. Interest rates are a lot closer to neutral than most people think. Get used to it.

  • @selma5885
    @selma5885 Місяць тому +5

    Fed lowered rates too low during the pandemic and that drove inflation and ridiculous house prices! Lowering rates would just add more to house prices.

  • @prettyridesmedia
    @prettyridesmedia Місяць тому +19

    I used to like Barbara but she turned into a sleazy used car salesman. Rates have been in the 4s for new home construction and haven’t gone ballistic. Affordability is the #1 problem and it starts with the inflated prices.

  • @charliebecker2216
    @charliebecker2216 Місяць тому +5

    The banks complained about holding bad assets in 2009-2012. Then when people bought them and flipped or fixed up and rented then all the banks said wait, don’t sell let’s rent them out and we will make our money back and still own the asset. So homes went up 100% over last 5-10 yrs.

    • @NEKingdom241
      @NEKingdom241 Місяць тому

      Who are these banks that are doubling as landlords?

  • @RCrocker-bs9ii
    @RCrocker-bs9ii Місяць тому +8

    Black Rock, Vanguard, State Street should have to divest their portfolios of single family homes!

    • @ocvegasproperty
      @ocvegasproperty Місяць тому

      Dude, none of them even invest in single family homes. Do a little research before you regurgitate nonsense. There is a company called Blackstone that does buy homes and every report indicates that they don’t near enough to have any significant impact on prices.

    • @fastmph
      @fastmph Місяць тому +2

      They are actively doing this, trying to get out before the market tanks.

    • @ocvegasproperty
      @ocvegasproperty Місяць тому

      @@fastmph who is? These companies do not buy homes. It’s not even part of their business model. No way for them to even accomplish it.

  • @NicholasJames3l
    @NicholasJames3l Місяць тому +258

    Investments are the roots of financial security; the deeper they grow, the stronger your future will be."

    • @HenryLucask5l
      @HenryLucask5l Місяць тому

      The deeper your investment roots, the stronger your financial security will be in the future.

    • @JamesOliverr7s
      @JamesOliverr7s Місяць тому

      Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.

    • @GraziaMacahilas
      @GraziaMacahilas Місяць тому

      I would love an introduction to an adviser who can help me strengthen my financial roots.

    • @JamesOliverr7s
      @JamesOliverr7s Місяць тому

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

    • @GraziaMacahilas
      @GraziaMacahilas Місяць тому

      Thank you for this amazing tip. I just looked the name up and wrote her.

  • @Sonofawildanimal
    @Sonofawildanimal Місяць тому +2

    Didn’t she cut the same promo a couple years ago on FOX

  • @Dohair879
    @Dohair879 Місяць тому +6

    The housing market is disgusting. I don’t need a millionaire to tell me about prices and rates while they enjoy their money.

  • @sbnsbaker1
    @sbnsbaker1 Місяць тому +4

    She's had work done. She looks good!!

  • @officialjameso
    @officialjameso Місяць тому +1

    Homes are simply overpriced, the services that valuate the homes is the problem. Back in the 1920's a new home was roughly $6,296 ($95,017.97 in today's money) with a 4%-5% interest. The median cost of a new home in 2024 is between $426,300 -$501,00 in 2024 Interest rates are 6%-7%

  • @therealtashiro
    @therealtashiro Місяць тому +8

    When is Neil Cavuto going over to MSNBC?

  • @lisabanks7742
    @lisabanks7742 Місяць тому +4

    House price is insanely high for a mediocre house on top of the skyrocketing interest rates.

    • @NEKingdom241
      @NEKingdom241 Місяць тому

      Under 7% isn't skyrocketing. Remember the 70's and 80's?

  • @tatianastarcic
    @tatianastarcic Місяць тому +466

    Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.

    • @LUCIASMITH-d1z
      @LUCIASMITH-d1z Місяць тому +1

      Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $4,000 in dividends last month.

    • @IamJonny-o4v
      @IamJonny-o4v Місяць тому +1

      Time to focus on high-value plays with discounted dividend stocks! I'm forever grateful to my CFP. I now have a six-figure REIT portfolio, including stocks like AMT, SPG, and PSA. Currently, I own 606 shares of AMT, which brings in $3,800 annually in dividends.

    • @winifred-k9e
      @winifred-k9e Місяць тому +1

      I want to play the long term game with well diversified fund. Please how can i reach this CFP of yours?

    • @IamJonny-o4v
      @IamJonny-o4v Місяць тому +1

      Melissa Terri Swayne is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @JacobsErick-u8r
      @JacobsErick-u8r Місяць тому +1

      thanks for sharing this, I am in conversations with your advisor, and she really has substance, having interviewed her properly and reviewed her model, I am hoping she takes me on quite seriously too

  • @danbarrett949
    @danbarrett949 26 днів тому

    Remember when Peter Schiff was on FOX News in 2005-2009.......he was mocked for being 100% correct on on why there was a Housing Bubble and how it would crash! There are too many homes built not a shortage of homes. Melody Wright is an expert in this analysis. Home insurance cost is causing home owners to rethink buying a new home or move into another home that is more expensive.

  • @walkingintheway
    @walkingintheway Місяць тому +7

    The Shark Tank Aficionado is the worst . She always Hypes up the real estate market it isn't the interest rates Madam it is the price of housing. And then she's crying no bubble no bubble. Not to be trusted

  • @jonathantaylor6926
    @jonathantaylor6926 Місяць тому +2

    Lol Babs is so out of touch. The first time home buyers are broke from paying expensive rent. They did not make 100 or 200K in free money equity over the last few years. First time home buyers cant afford a 500K home at 7% when that same home just a few years ago was 270K and you could mortgage rates were 3.8%.

  • @twinb0838
    @twinb0838 Місяць тому +5

    these rich people are extremely out of touch as to what there are no more first time buyers.. here's a clue nobody can afford a 4k mortgage payment as a middle class worker

  • @jaredroussel
    @jaredroussel Місяць тому +2

    "We want more first time buyers."
    "Here, price-compete with corporations with a $1T market cap."
    Is this buffoon even listening to itself?

  • @TheRealEdStoner
    @TheRealEdStoner Місяць тому +2

    We should build 450 to 800 square foot home all over the country. It would help get first time home buyers in the market. And there are a couple of companies that build them very reasonably priced.

    • @Flash3-22
      @Flash3-22 Місяць тому +1

      Not many would want a 450 sq ft house, but homes less than 1000 sq ft would
      probably find a lot of buyers.

    • @cassidy745
      @cassidy745 Місяць тому +1

      It would fit the need for first time home buyers and a lot of retirees!

  • @angelaericksonrealtor
    @angelaericksonrealtor 25 днів тому

    Love Barbara!!❤

  • @nelsonemmanuel-k7o
    @nelsonemmanuel-k7o Місяць тому +20

    *I'm glad you made this video* it reminds me of my transformation from a nobody to good home, $89k biweekly and a good daughter full of love..

    • @MataSaka-t3m
      @MataSaka-t3m Місяць тому

      My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.

    • @CgfduCfyt
      @CgfduCfyt Місяць тому

      Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born
      Christian but sometimes I feel so down of myself because of low finance but I still believe in God.

    • @nelsonemmanuel-k7o
      @nelsonemmanuel-k7o Місяць тому

      Making touch with financial advisors like *Rosie Nolan Owen* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.

    • @Quan-k1i
      @Quan-k1i Місяць тому

      Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!

    • @GratfyMoore
      @GratfyMoore Місяць тому

      You are absolutely right, we also have lot's of expert, real ones with certificate and firms IDS out there waiting for investors to invest and experience the best of trade.

  • @ahernandez9860
    @ahernandez9860 Місяць тому +1

    Where the hell are new buyers to be found, economy is in the shitter, inflation is out of control, nobody is building, wages are down comparaitively

    • @garypollio4960
      @garypollio4960 Місяць тому

      Trump is going to fix it. He said so.

  • @rockychristakes951
    @rockychristakes951 Місяць тому +1

    Midwest homes are going for high prices because no one is building there.

  • @christopherwelker2224
    @christopherwelker2224 Місяць тому +2

    She is a cheerleader, not an analyst.

  • @fernandopestana3383
    @fernandopestana3383 Місяць тому +8

    The market will collapse and about time!

  • @Justme-wu5nw
    @Justme-wu5nw Місяць тому +2

    This lady is all about.. no matter what happens buy buy buy with some spin on something uhg

  • @rheuss1
    @rheuss1 Місяць тому +2

    We’re not in a recovery not even close

  • @Agent77X
    @Agent77X Місяць тому +2

    Neil not a Trump fan!😂

  • @petervanderveen2340
    @petervanderveen2340 Місяць тому +1

    When I bought my first house, at the tender age of 21, I paid 8%. My second house I paid 18%, My 3rd house 10%, which I still have, is now paid for and I'm retired.

    • @dsc1906
      @dsc1906 Місяць тому

      18% is huge. My husband and I are going into getting a home with a max of 4%. Credit is great. No real debt, using our credit Union, putting a decent percentage down. I know the market fluxes which is why I tell people to hold out til it’s a buyer’s market.

    • @petervanderveen2340
      @petervanderveen2340 Місяць тому

      @dsc1906 My point is that markets fluctuate, but now is always the best time to buy. In 30 years the value of the dollar will have depreciated at least 50 and maybe 75 percent so waiting will likely be counter productive. When interest rates are high you can sometimes get a break on the price and then when rates go down you can refinance

    • @dsc1906
      @dsc1906 Місяць тому

      @ I’ll be a first time buyer

  • @moose5.9
    @moose5.9 Місяць тому

    5% would be great, as well as 15% cuts in prices minimum

  • @stevebryan5779
    @stevebryan5779 Місяць тому +1

    Smart women taking a neutral position on nominees.

  • @michaelhurley545
    @michaelhurley545 Місяць тому

    Water front homes here in Florida just north of Clearwater beach area have seen as much as 300% increase inland as much as 50 to 75%. The storms with out of control insurance rates are making people think twice about waterfront homes as well as these prices.All the people moving to Florida during covid just jacked are home prices...

  • @word123456789100
    @word123456789100 Місяць тому +1

    😂😂😂
    33% of all homes bought in texas between 2020 -2024 were puchased by investors. This broad.

  • @danbarrett949
    @danbarrett949 26 днів тому

    Neil NEVER SAW THE GFC BACK IN 2006 EITHER! HE SAID YOU CAN"T SAY IT ON TV CAUSE IT WILL CREATE A PANIC!!!

  • @garrettjensen5647
    @garrettjensen5647 Місяць тому

    She’s right

  • @KungPowEnterFist
    @KungPowEnterFist Місяць тому +1

    The only way we get to 5-handle on the 30 year fixed again is if the Fed 180 degree turns their policy stance on their MBS holdings. They have zero reason to do so at this time. In fact, they can and should accelerate the current policy of net selling of MBS's to send rates higher, as it is clear that mortgage interest rates are not high enough to get home values to return to the mean and to a more affordable place for the younger folks. The best way forward is to get the 10-year treasury much higher and for the Fed to dump MBS's at a faster rate to send 30 year fixed interest rates much higher. The Boomers will eventually capitulate on their real estate and buy 10-year treasuries with the proceeds as they ride off into the sunset. Lowering mortgage interest rates will only serve to transfer wealth from the poor to the wealthy.

  • @velocity-t7v
    @velocity-t7v День тому

    I think the house prices are normal. Just take Chicago land area, the price increase at 4-5% annual increase from 2000 -2024. It is not a hype, actually it is appreciated very low due to inflation, cost of materials, labor cost etc. Buying home is an American dream, but last 12 years made everyone to have the house. Interest rate will not go down from 6% in the next 50 years.

  • @johnfaris5376
    @johnfaris5376 Місяць тому +2

    These wild gyrations in interest rates must stop. No one can plan or build or remodel with interest rates and home prices all over the board. Just peg them between six and 7% and leave them there forever. We need stability back in the real estate market.

  • @missulu
    @missulu Місяць тому

    Seriously, no mention of home prices? This seemed more like wishful thinking.

  • @ellenmaghinang8640
    @ellenmaghinang8640 Місяць тому

    Geezzz Barbara..you re looking younger everyday..looking amazing..

  • @BlackMamba87348
    @BlackMamba87348 Місяць тому +1

    Everyone is too accustomed to paying high taxes. If Trump implements tariffs, im sure he will give the largest tax breaks in modern history to subsidize

    • @NEKingdom241
      @NEKingdom241 Місяць тому

      The tax breaks will only be for the wealthy

  • @jimkelley9974
    @jimkelley9974 Місяць тому

    The small boost in sales is from the small 6 percent drop that happened in the last few months. They are counted now because they closed this month. Just a thought.

  • @OmarGarcia-MadeInMexico
    @OmarGarcia-MadeInMexico Місяць тому

    Let investors and hedge funds keep the overpriced housing. Arizona has a huge unemployed workforce who is ready to build $100k starter homes. Citizens want to make it a criminal charge and automatically revoke investors who buy these starter homes. They won’t gain value because u can only sell those house for the same price you purchased it for regardless of any upgrades but most families don’t want to move every 5 years

  • @chatgpt-n8r
    @chatgpt-n8r Місяць тому +1

    she is nuts

  • @MyGod-1
    @MyGod-1 Місяць тому +2

    Markets will tank 40% in next 9-12 months .. 10000%

  • @mikefatah
    @mikefatah Місяць тому

    Home prices along with all the costs esp insurance and property taxes keep rising!

  • @LIBERTYTREE_CHANNEL
    @LIBERTYTREE_CHANNEL Місяць тому

    7:00 3% investors? what about all the 25 year olds that during Covid built Airbnb portfolios? I heard about this type of loan (DSCR) that allows them to say what they plan to make for an Airbnb a month and that was their “income verification”… sure sounds like a NINJA loan to me… this lady is nuts. I’ve lived in 3 states now in the last 5 years and every state has stupid Airbnbs everywhere.. so many of these airbnbs are trying to pivot to long term rentals now and they are driving rent costs down, but holding house prices up. How is that not a bubble?

    • @NEKingdom241
      @NEKingdom241 Місяць тому

      Where are these State? People are still buying for AirBnb in my State

  • @cjnvrmnd1
    @cjnvrmnd1 Місяць тому

    I don't believe much of what she's saying. Only 3% of the buyers are investors, 23% are 1st time home buyers? So that leaves 64% of what buyers selling their homes with rates as low as 2.5% for 7%? The Dollar as been losing value with Gold and Bitcoin going through the roof. Really sad times for our country.

  • @chrissharkey9644
    @chrissharkey9644 Місяць тому

    She looks real good

    • @NEKingdom241
      @NEKingdom241 Місяць тому

      Looks fake, like a puppet, especially when she tries to smile.

  • @antcaruso3465
    @antcaruso3465 Місяць тому

    House prices make it simply impossible for a young couple or individual to make a purchase. It’s very simple.

  • @skibumf.2807
    @skibumf.2807 Місяць тому

    It’s because of the low inventory

  • @ChrisSauer-oe5ve
    @ChrisSauer-oe5ve Місяць тому +3

    Wait, rates & prices will drop after deporting, guaranteed!!
    Homes will become vacant real fast 🤣🤣🤣

    • @lettucesalad3560
      @lettucesalad3560 Місяць тому

      I'd be surprised if he deports 1,000 the first year. Why not start deporting the hundreds of migrant labor working in Mar-a-lago?

    • @istvanpraha
      @istvanpraha 28 днів тому

      Everyone thinks it's "Racist' but I've seen that here in the NE. The "start home" towns became "migrant rental" areas where you get looked at like you have ten heads if you are not fresh off the boat from Central America. If you decide to ignore that and move in, be prepared for constant noise, outdoor parties, and to be woken up at the crack of dawn by the six cars in the driveway starting at various times. It's almost as if importing mass amounts of people means some of the housing gets taken up!

    • @lettucesalad3560
      @lettucesalad3560 28 днів тому

      Obama deported more migrants than T Rump.

  • @Blitz4688
    @Blitz4688 Місяць тому

    Because they can't afford the price of the home. Price are inflated and need to drop, that is the only thing that will save the first time home buyer.

  • @straightdrive6192
    @straightdrive6192 Місяць тому

    Didn’t she say that interest will drop to 5 by December ?

  • @jonathanasbell
    @jonathanasbell Місяць тому

    Love you Barbara. question is of the 25% first time home buyers what is the price point range? also regarding the houses going to overbid what price range is that?

  • @corinagata9136
    @corinagata9136 Місяць тому

    Most people in America CAN NOT qualify for this extremely overpriced housing market.

  • @drasho24
    @drasho24 Місяць тому

    1st time buyers can't afford these prices

  • @imthegr8t1
    @imthegr8t1 Місяць тому

    My problem with this is that it’s a PROFIT 💯 mentality…I get the dollars and cents, but with the housing market where it stands, it makes no sense…the question is not how low we can bring down the interest instead we have to figure out how to correct the value of a home…they’re way overpriced! Who’s going to do the right thing, the states love these prices, they’re collecting much more property tax…and that’s just a start…many pockets are being filled with no concern for the buyer.

  • @dallasbrat81
    @dallasbrat81 Місяць тому

    Home interest and CC interest is too high still homes need to be back down to 5%

  • @garypollio4960
    @garypollio4960 Місяць тому

    First time homebuyers don't have the downpayment.

  • @RidleyHolmes-sr2tw
    @RidleyHolmes-sr2tw Місяць тому

    Real Estate Agents always try to sell you real estate. Drug dealers always try to sell you drugs. The difference is drug dealers don't lie as much.

  • @tyraelhermosa
    @tyraelhermosa Місяць тому

    I don’t why, but I get the feeling *she’s out*

  • @chrislanghaug2855
    @chrislanghaug2855 Місяць тому +3

    Negative Neil Cavuto the RINO!!

  • @RJR11432
    @RJR11432 Місяць тому

    it’s not because of the interest rate I wasn’t able to buy a home in my 20s because I couldn’t afford it. Jobs wasn’t paying as much as I’m getting paid now when I was in my 20s.

  • @michelleayres5608
    @michelleayres5608 Місяць тому

    I like her.😁

  • @ClarisNdoroRealEstate
    @ClarisNdoroRealEstate Місяць тому

    First-time home buyers should go for new builds because they are giving great incentives, including 4.99 to 5.25 and all closing costs! Then, do FHA and put 3.5 percent down. It is good to look into working with a good realtor who knows their market and which builders are giving these incentives.

  • @theirishman759
    @theirishman759 Місяць тому

    Even being full time how the hell am I supposed to pay a mortgage on a nice house, even the less nice ones are a fortune now, and even if they aren’t taxes are ludicrous.

    • @galupproperties3098
      @galupproperties3098 Місяць тому

      I’m thankful I bought my house in 2015 and my taxes in pa are $1700 a year.

  • @davemccarthy7366
    @davemccarthy7366 25 днів тому

    It is likely that the age of home buying is affected by: the increased age of first marriage (30.5 y for men, 28.6 y woman), the record low birth rate, the rate of people 24-35 y/o moving in two years is 45% (record) and that 28% of men over forty have never been married.

  • @jefthe1
    @jefthe1 Місяць тому

    I live in one of the most affordable places in California but still new homes are 500k it’s insane

    • @littin3671
      @littin3671 29 днів тому

      Where's that? I'm moving to thousand oaks from east coast

    • @jefthe1
      @jefthe1 29 днів тому

      @ It si in the middle of the desert. Imperial valley CA about 2 hours East San Diego

    • @littin3671
      @littin3671 29 днів тому +1

      @ oh okay got it

  • @davidrockefeller2007
    @davidrockefeller2007 Місяць тому +1

    The everything melt up

  • @emanuelcollado1343
    @emanuelcollado1343 Місяць тому

    We don't even know who's running the country right now let alone worry about homes

    • @Flash3-22
      @Flash3-22 Місяць тому

      President Biden is still in office.
      Home prices increased during covid.

  • @BookerT1
    @BookerT1 Місяць тому +1

    I'm ready to move and interest rates and prices are the reasons I have not. One or both need to give.

    • @istvanpraha
      @istvanpraha 28 днів тому

      Don't forget about job security. That's another reason people don't want to buy. You see people fired around you and they apply to 500 jobs and don't even get interviews, it's like the recession already began.

  • @--FL-Agent
    @--FL-Agent Місяць тому

    Prior to Covid I bought the domain name “AFloridability” a testament to the affordability to the state…😅😅😅 we went from the penthouse to the outhouse in one presidential term..

  • @paintingartsncrafts
    @paintingartsncrafts Місяць тому

    First time buyers can’t afford a house unless they have $100,000 income; when you add in insurance, PMI, taxes based on the price they purchased which is 28% higher …

  • @awaitingSaint777
    @awaitingSaint777 Місяць тому +1

    Second time buyers can't afford to move either.

  • @irandoosty
    @irandoosty Місяць тому

    They need to put limit on corporation owning homes

    • @NEKingdom241
      @NEKingdom241 Місяць тому

      End of Capitalism? You all for Socialism now? No free market?

    • @istvanpraha
      @istvanpraha 28 днів тому

      The problem is cultural not just because of this issue. I'm in the NE and everyone wants to add $300K-$400K to the 2019 price and sell to a high dual income couple who will WFH, that lived in NYC. Now that the NYC exodus is over, realtors/sellers are stubborn as hell and will not lower prices. Not sure you can create legislation to get them to behave logically.

  • @codebloke2200
    @codebloke2200 Місяць тому

    Clearly the bond market is in disagreement with the Fed on the risk of short and medium term inflation risks. The best way to get Treasuries lower is to cut the supply which would require a sudden and substantial reduction in federal deficit spending.