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

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

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.

Finding financial advisors like Sharon Ann Meny who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

Please share...what community?? Inquiring minds want to know!

You don't need a list... it's every builder.

Century Communities

@@eddenoy321 You’re right a lot of them 90% are horrible but I own a cleaning company that does post construction there are some very good companies out there still building quality homes just really got to do your research.

@@eddenoy321 easy Ed. I have built custom homes for over 20 years. We have never had problems like these. There are processes which need to be done in certain ways with timely manner‘s so that problems don’t happen.

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 $860k following guidance from my investment adviser.

@@SophiaChristian-so2of Interesting Sophia. I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.

Actually, I've shuffled through a few advisors in the past, and “ Margaret Johnson Arndt” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

Thanks, I just googled Margaret and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

Exactly! Why cover up the name??!!!

Cheaply built homes all over Las Vegas . Energy saving low cost materials will show there low quality when tested by time or weather.

It happens every housing bubble

Not only rushed but built by poor illegal workers

And the hire and use of illegals for cheap labor

same with the vaccines, rushed. and that was shot into our bodies. we can't just switch bodies.

Much Respect to you Sr!😁🫡

I started my construction career in tracks and apartments mid 70s they always been poorly built most always subs are working piece work on a the lowest bid. If you want a quality built home find a reputable builder or build it yourself and do extensive due diligence on your subs.

@@gmjent5671 AMEN! You couldn't said any better😁...Do you still build homes or recommend anyone you know is reputable by any Chance?

there is ,it's cheap labor my friend s***** Carpenters

there is...a big excuse..Cut costs, make more money....Ask Bezo...he'll tell ya...

I’m assuming because the person wanted to remain anonymous and not show her face, she probably requested for them to bleep the company name as extra precaution so that she would not get in trouble or face retaliation from that company. So sad these homeowners are dealing with this!

you would love this guy.. rob wolcheck kzfaq.info

Hope the news covers this more. The public needs to be made aware. It is a shame what is happening to people here b

I know. It's the problem. It's the whole cowardly managers. Same reason Trump ever got elected. They didn't want to offend the crazy lunatic fringe crowd.

It’s most likely dr Horton home builders. They are building houses out of cardboard and styrofoam

Is this part of the 10-year warranty on structural frame, or only 1-year?

It will be awesome to build home from the ground up. Good quality parts and a super villain style.

Exactly. And the repair job they will do will be like putting lip stick on a pig.

Agree, maybe house not properly leveled? Crack will be back

My dad and older brother are stone masons and I think it’s the foundation. If the foundation is not laid correctly the home will shift and the interior crack. The problem is forever. This will need repairing every 5 to 10 yrs depending on the weather.

Engineering should be perfect since it comes down to numbers

Yes people on rush trying get multiple contracts and not enough.good help

Those houses are a lip stick and a wig on a pig.

@@jazzythecat918 thanks you reminded me of my grandparents with that saying. I just feel so bad for people who went crazy over a new house. So sad....

If only as a warning to others.

It’s not the builders fault it’s the dumb people that pay 4-500k for a house that’s only worth 50k lmao

Maybe you should become a home inspector for the home owners because obviously you have standards and not just a finished house inspector but also one that shows up during the build. Maybe train others and you can have a business that makes you money while you tinker in your garage with old cars. Just an idea

You mentioned the pneumatic nail gun & realized I still have a full box of framing nails from 1987 packed away somewhere wondering now if they're worth anything today.

@@jamesr2888 almost like.... That's not actually the problem.....

My first home was so terrible that it makes me not want to ever own a home again. I bought a new house in 2008, in Houston, Texas, built by Lennar Homes. People don't call Lennar Homes "Lennar Lemons" for nothing! The home was absolutely beautiful but within 5 minutes of me entering the house and actually starting to move in, I had problems. The first time someone used the guest bath, a pipe "burst". So, it didn't actually "burst", the plumbers used PVC supply lines inside the house and failed to properly glue all of the joints. The pressure from the water hitting an elbow on the pipe inside of the wall, knocked the unsecured joint loose and basically started filling the cavity inside the wall and my house, with water. Here's the kicker, there was no water shut-off valve inside the house other than on the water meter, which requires a "key" to turn off. I had to call the City to have them send someone out to turn off the water in my house, which took an hour and being on the phone with the operator talking to me like I was an idiot because they didn't believe that the builder did not install a water shut-off valve. When the water department workers got there, trying to "show me", they literally saw what I had been telling them the entire time--that the house did not have a water shut off other than the meter shut off. That was just the beginning--my kitchen window wasn't secured and a gust of wind during Hurricane Ike (only months after I purchased the house) knocked it out of the frame and onto my kitchen floor. It was also during Hurricane Ike that I discovered that not all of the shingles on the roof were properly nailed down (some of the shingles were literally just laying on the roof without a single nail in them). Improper wiring was used to connect the doorbell transformer in the attic, which caused a small fire that thankfully extinguished itself (I had wondered for months why the doorbell stopped working and that was why). Half of the attic wasn't insulated which caused me to have sky high cooling bills in the summer... And this was a brand new house! I said that if I ever bought a house again, it would be something built before the 1990s. My parents house was built int he 1960s and, outside of normal maintenance, wear & tear issues, and some pretty rambunctious children growing up there, it has been problem-free.

@@marcmcpherson6960 well that sucks

So many scams. These companies want a specific profit margin and cutting corners to get the home built and to the customer as quickly as possible.

Astonishingly, The materials being used are not too different than cardboard. But people dont really know that. As an architect it’s baffling the levels construction companies and “builders” go to to save money yet the client still pays hundreds of thousands for mediocrity.

@@davidpachecogarcia Fellow architect from Germany here....We actually have the same problems: Mediocre craftsmanship on million dollar homes. There is so much unskilled labor on the construction sites it is apalling. Many companies just send one person really familiar with the trade as supervisor and 10 unskilled helpers. People spend all their money on homes slapped together and sold at a premium with no sustaining value.

"The American Dream" is what drives this

eaglevision993 That's interesting. The majority of new construction contractors are illegal immigrants, they're not skilled and they don't speak English. I'm surprised to hear that you guys have the same issue in Germany.

I agree it’s been going on for years now. Homeowners need representation & to start suing these builders.

@@xBelleNoire Totally !

The lawsuit will identify the builders

@@SSsmith24 Glad to hear Justice prevails

I really hope they do.

Yes old-world craftsmanship is gone in today's world, corruption is everywhere

Yup. New homes are trash imo. Flimsy materials galore. Is rather pay more for better quality materials and smaller home.

@@Brandon-xp1ob Agreed.

True. An not to be rude these Speak in facts the people here in Las Vegas don't know how to fix things for sh t. Only the people from Mexico and South America are acknowledgeable on fixing stuff. Anyone else good luck. This is also a fact of when you look at how much the limit is in small claims court in Nevada. Because people don't do good work.... But get mad at me because I'm not good at small talk because I'm on the spectrum🤷‍♂️

@@MattMatt77 that’s who is building this 💩… Spanish on every job!! a good try though!! 😂😂😂🤡

My sentiments exactly!

Probably Trump and the cult messing over people for evil money

@@toneyingram732 🤣🤣that’s funny

I have a Beazer home and I have had issues and they were on it. I made them fix everything that was wrong and they did. Thankful but still no excuse for a brand new build

I think the homes were built by more than one builder, which is alarming.

@@maxmanx1294 I agree. Lots of builders are cutting corners. When I see new homes in my neighborhood being built, it looks like they are using plywood and they are built super fast.

@@MandeeMadness7551 Oh that's awesome that they fixed the issued right away.

Nope. Not like it was when you worked for them. From experience.

Dr Horton homes corruption and greed will catch up to them sooner or later.

I framed a couple of Pulte houses in the 90s and they were hot garbage. they used the cheapest windows and siding, in that sub alone most of the homeowners replaced the windows within the first few years.

They don't only deal with it for only 1 year. They deal with it as long as they own that house. They cut whatever corners as long as it meets code. Don't ever buy a house that was built to sell.

@@BrianNicolich maybe I wasn't clear enough. I was talking about the first year whilst warranty is still valid.

@@beekeeper7870 No I understood but I feel bad for them because as it ages it's going to get much worse exponentially faster than a house that was built with care.

If those are biggest problems people have. 75% of the world population is laughing their ass off

Especially when it is worst time to buy a house and they probably paid a premium price to buy the shoddy house.

The inspector are in with the scams too

Just Luck or intentional ? 😂😂 either glad he made it out of that foolishness

I love your comment! Good looking out for your friend and it had humor to it that made me giggle.

Have any of the homeowners thought of opening them up as as a Fun House and charge admission?🤣😂🙃

In SoCal we have a builder called Lenard which is notorious for developing homes on contaminated, toxic land. Ofc I didn’t know that until I lived in one in Tustin, CA near an old marine air base. I was getting the worst migraines you can imagine on an ever increasing basis. Thank god I found a damn good Naturopath who tested me for chemical toxicities. I had sky high levels of bromopropane and perchlorate. Then I found a forum online where some old veterans were talking about the jet fuel and all the other chemicals they dumped into the ground there. It should have been a Superfund site like the one in Irvine at Great Park but it never was. I also remember women in the neighborhood having miscarriages. Very creepy, I’m glad I got out of there and did glutathione IVs to help detox the chemicals from my body.

I loved the plaster walls in my old house, it's got character.

I love this description of your house. My 98 year old Tudor cottage basement looked like a dungeon when I bought it. My round lipsticks roll off my vanity in the dressing room because the house ¨settled¨a bit. My house is a fortress. The plaster did make installing HVAC a real challenge! I feel safe, the maintenance and repairs are pretty normal and no SAFETY issues.

That is crazy. Where I am from the builders need to submit grading and compaction reports to the city from a geotech before they can even start building homes.

I don't understand why people insist on buying these cheap McMansions. They're ugly, built cheaply and too many of them built too close together, with postage stamp lawns, and there's always a HOA nagging you.

My new home is THE WORS.T EVER...SEE VIDEO.. kzfaq.info/get/bejne/l7yHh5Wm1b3VoWg.html

@@dougfisher1813 limited choices

There is now more. It’s mostly dr Horton home builders. They have been cheating many ppl out of their hard earn money selling homes that are not worth the asking prices. Horton. Has sketchy cheap labor and many home owners have reported they use cardboard and styrofoam materials.

the cookie cutter houses built in the 1950-80 were fore the most part well built, although the sub I was raised in , some houses had to have the brick exterior veneer replaced.

They need a story 4 next time.

I know, WTF? What's the point of the story then?

par for the course. sadly...

They are part of the process, don't care it's not their money

They skipped inspections and paid over asking price

Some of those inspectors collect back door payments to pass these things. They don’t care if it causes loss of life and is wicked

There a complete joke. They miss major stuff all the time and the add the most minor crap to there report. Its a scam and most inspectors are not that good really. Jack of all trades in there head but they couldn't hit a nail with a hammer if there life depended on it.

marcyanderson4268 Some are better than others but none of them have really are as thorough as you would think or hope! Those large developments from national builders are the worst, there's so much going on the inspectors don't notice things.

Its sad, but the home builder companies themselves want the tradesmen to crank these homes as fast as and with as little as possible to maximize profits.

terencem8795 Terrence I've been in this business for 30 years, it is so bad right now I can't even begin to explain.

Have same in AZ. Won't cover most of those issues, depending on the actual cause.

And also contribute to a shortage of housing with rents high as fkkkk...😅

Lol , good luck with a claim!

@@EroticOnion23 yeah, no. That's caused by overpopulation, NIMBYs, & zoning laws. 1 in 8 Americans live in CA. That's an insane, unsustainable number.

@@seapeajones more population means more labor to build more housing no?? "We'll get socialism right this time, promise!!", enjoy your democrat shltholes... 😂

Yup! definitely. And get one of your own choice. Not who they say oh ya. We have this person who’s really good. Lol.

Local officials should hire more inspectors and shut down corrupt developers.

@@samuelugh5729 You can bet these home inspectors are coonodling with home builders.

Yes. Not one associated with the builders.

what do home inspectors charge?

I was babysitting a 3 million dollar home and a large crack started in the ceiling. An indication of OTHER things going on, and I'm not even in an earthquake zone.!!

Dustin Pedroza I have over 2000 Facebook friends and they are better than any real person you could ever meet. At my housewarming party , I put on the cameras in the living room and kitchen. Had a catering company prepare a huge feast. What a success that was. Raked in over 3 grand and got to keep and eat all the food myself. Virtual parties are where it's at.

True, but still it is embarrassing paying a fortune for a home and trying to explain endless cracks.

@@Dwightstjohn-fo8ki were the homeowners overweight?

@@chuckh4077 😂😂

More money better Quality

@@dubvc1 Agreed, better quality means more money but there definitely needs to be building standards... isn't somebody in charge of that? This is horrible

People are gonna buy these homes no matter what..so why should the contractors/builders make them better.?

@@indypyrotechnics7750 why? Because people are paying sometimes lots of money for somethings they expect to last. If contractors/builders are going to do half ass work they better be expecting half ass for their returns.

@@colekeenan5825 I deliver lumber/ trim and doors/windows everyday..no body cares about anything it seems but to get in as fast as possible..I’m always returning to same jobs because homeowners sign paperwork and move in with things not done right but for some reason still sign.?..homeowners are trusting inspections from people trying to do as many TO MAKE MONEY..it’s crazy how this all works but..I see unqualified workers/ illegal immigrants at all job sites..So if the homeowners actually stop buying these throw up homes the builders would actually have to build quality homes..but that means hiring quality workers making homes higher..Lennar/M/I../Pulte/Fisher/Arbor-Silverthorn/DrHorton/..Davis..these builders are all the same crappy production home people are gonna buy no matter what.!

In many cases unskilled workers were all that they had because the skilled workers were sitting at home with government checks. Don’t forget the supply chain was a huge factor. The Texas freeze slowed to a halt the paint industry and cargo ships weren’t being unloaded. Our Transportation Secretary was on maternity leave.

It's been going on since early 2000'S. Not just corona plandemic. Have a proper foundation contractor is key, now they just build them with no soil compact testing causing major problems down the road.

@@gailcarey3597 Have you been to Home Depot in the last 20 years?..if so you have seen the labor force in front of the parking lot from 6 am to 11 am.

🎃🎃😎😎👽👽👍👍👍👍👍👍😅🤣😁😀😃

And to think houses can be built to last millenniums and yet the houses built today are made with styrofoam and cardboard. And breaks city laws and codes. Not safe houses honestly

It's not just builders ripping people off. Plumbing manufacturers do it to. It's known as builder grade products. Delta has different quality products. They make a brand called Pegasus just for home depot. Worst crap ever. The delta products sold in box stores is not the same as those sold in high end plumbing supply stores. In New home builds even when you pay for up grades you're not getting top of the line stuff like they claim you are. You can get high end faucets and shower bodies on a good sale as they all have close outs on discontinued styles. I got a hangroeh kitchen faucet on a close out sale for half price. And it's not an out of style look either like I thought they would be. If you want quality products that will last a very long time then don't buy from home depot or Lowe's as all they carry are builder grade crap. I notice now they are all using black plumbing fixtures in Vegas. Looks really nice. However, Vegas has hard water and hard water will destroy that black finish. Only get black fixtures if you have soft water or a water softening system. Never ever put cheap crap in a bathroom as it ages quickly.

Why on earth was your crawl space flooded? Did they build the house on a wet weather spring?

My house was built in 1949, built like a tank. no problems ever

Dr Horton homes are a corrupt company that prides in making the cheapest made homes with no inspection that can pass and sell to vulnerable ppl who don’t know any betters. Don’t buy homes from Dr Horton

@@williampowell2104no it was at the bottom of a gradual hill. The water collected in our crawl space. Same with the neighbor’s house.

The house I bought was from 2016 and the stucco was chipping away fast. Underneath nothing but styrofoam. And the company they build the house is continuing building expensive cramped zero privacy cheap houses few blocks away. More of these box houses are being built and the asking prices are outrageous. The company is Dr Horton home builders.

They can't name them. If they do, they won't have a story 4 next time.

Often the case. Rotating trade crews with little to know supervision.

Using day laborers to cut corners.

They hire anyone. Our new built looks like it was painted by a rookie. The stucco is awful and I'm finding water bottles buried where My foundation is at.

No shit sherlock. Next time you see the actual guys not the idiot in a nice shirt, the guy in dirty overalls and thick accent working, ask em how much they get paid in 2022.

I still live in Atlanta and the three story homes they are building now for 1mil by Krog , midtown and etc are borderline paper with nails

What advice would you have to potential homeowners of newly-built homes?

You know your building science, wood bows, much more when builders hammer in stubs in tight spots poor ventilation & no insulation

I'd request references of people the builder sold homes to one and two years prior and call the owners to inquire if there were problems that occurred after they moved in. I would also recommend using a home inspector from a reputable company to inspect any home you might be considering before you buy it. Just so you know home inspectors are prevalent in Atlanta Some are good, but most are not.@@georgewilson7706

You have to make sure it's disconnected from the electrical panel and you are fine.

Would be nice if they would hire enough building and other inspectors so you don't have to pay for your own. Building code violations should be caught early and corrupt builders shut down. Local officials need to make this a priority instead of asking developers for campaign contribution handouts.

I doubt they did. ALWAYS get ur own inspector. What’s a few hundred when ur spending 700k?

I always tell my.m clients to get an inspector. Unfortunately some of the items mentioned here would never be found by an inspector. Cracking drywall usually happens later after the home settles or shows signs of bad taping. It’s still a must though. Push for it even if the builder says it’s not allowed.

Ur their lawyer or something? Not hard to build a well made house if we’re paying thru the nose for it.

jenniferschaffer1625 Wow! I'm a builder as well, I'm just curious, was it a custom home, Or a development?

@@Anthonycapone8146 custom!

@@jenniferschaffer1625 150 items... how is that even possible? i've had 3 homes built, and have had worse issues with each, but 150 issues isn't even possible.

I had to look them up. Both couples are neighbors at a Dell Webb community at Lake Las Vegas. That area has been cursed by bad builders... I can't imagine they're local because there's nothing out there.