Fannie Mae’s Housing Forecast through 2025

Рет қаралды 9,487

Күн бұрын

Fannie Mae just posted their new housing market forecast for home sales, mortgage rates and home prices through 2025.
In today’s video, I share all the details of their real estate market forecast for housing starts, home sales, home prices and average mortgage rates through 2025 (link below for the reports).
Thank you for watching the video! I appreciate you. Please like, share this video and subscribe!
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Compilation of Housing Market Forecast videos:
• Housing Market Predict...
Source of the reports I shared in today’s video:
www.fanniemae.com/research-an...
www.fanniemae.com/newsroom/fa...
www.fanniemae.com/research-an...
www.realtor.com/research/week...
www.cmegroup.com/markets/inte...
To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30 yr fixed rate mortgage is around 7.4% for the current mortgage rates for people with exceptional credit (at the time of filming this video).
➜➜➜ Email me if you’re looking to buy or sell a home in the greater Sacramento area (w/n ~30mn drive from Sacramento): jason@meetjasonwalter.com
Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?
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Jason Walter, CPA (inactive CPA lic 103885)
Sacramento real estate agent and native (DRE 01923240)
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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.
This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent and mortgage loan originator with Revest Homes in California (DRE 02174879, NMLS 2362319).
#housingforecast #FannieMae #housingmarket

Пікірлер: 85

@JasonWalter1 2 ай бұрын

Compilation of Housing Market Forecast videos kzfaq.info/sun/PLiQQpOejscIcBF1Jw2zG6Uvg7qDav_oGi Get Connected To a GREAT Real Estate Agent in Your Area: www.realestateteamfinder.com Please SUBSCRIBE HERE bit.ly/31kAR73 Products I use and like: #ad Tubebuddy www.tubebuddy.com/jason808

@jeremyturner8682 2 ай бұрын

At some point, you will all realize they are lying. Where is the liquidity coming from for the builders? They have ridiculous rates compared to the pre-existing homes. This is all a central planned economy.

@flowerlee4727 2 ай бұрын

Fed should raise interest rate higher to correct real estate by 30% instead of wanting to cut interest rate.

@markme4 2 ай бұрын

Banks would fail

@wreckim 2 ай бұрын

I don't think the Fed cares about home prices much....only inflation IMO.

@kylegrant9980 2 ай бұрын

There is so much demand for real estate there is no crash coming.

@lawngnome2758 2 ай бұрын

The ability to make money with real estate has been reversed. No one under current market conditions is making money with a real estate transaction in my area unless you got great terms and bought before two years ago. Even in some cases where property has good loan terms the margins are shrinking everyday with higher costs.

@carnivalgods4573 2 ай бұрын

1st quarter gdp data indicating inflation still going in the wrong direction 3.7%. Noticeably up from the previous quarter. Fed gambled and the wait and see approach and it's not working.

@mattanderson6672 2 ай бұрын

Appreciate you too Jason, thank you so much!!

@threemonkeys5441 2 ай бұрын

Does anyone actually believe that any of these agencies would predict a crash? Ofcourse they are not going to say that

@JasonWalter1 2 ай бұрын

Nope but then again it doesn't appear there will be one in the near term. A lot could change though!

@tonyd9830 2 ай бұрын

When an election is near prices guaranteed to come down or current pres will lose

@avenger1212 2 ай бұрын

@@JasonWalter1 That's the thing about these crashes right? They happen when something breaks, and nobody knows when that's going to happen. I think reasonable people would agree there's enough irresponsibility in the markets and the US treasury right now that there's plenty of tender for that unexpected spark.

@markme4 2 ай бұрын

@@avenger1212tinder

@simrdownmon6431 2 ай бұрын

Y'all have been predicting, for years, that another crash is going to happen. It's not coming, too many people locked in low interest loans plus a housing shortage equals no crash. I predicted 2008 crash because it was obvious. I bought my first home IN 2012 and sold last year. No one wants a crash more than me...BUT IT ISNT GOING TO HAPPEN WITHOUT COMPLETE ECONOMIC COLLAPSE.

@stevenevangelist5221 2 ай бұрын

Your spot on. Excellent video. People need get off the bandwagon go ahead own a home.

@JasonWalter1 2 ай бұрын

Thank you!

@wreckim 2 ай бұрын

I can't imagine where home prices would be today if interest rates were 3%. I think folks are going to have opportunities in the next few month....but nothing appears to be changing much as we keep up with Jason's reports.

@JasonWalter1 2 ай бұрын

I couldn't imagine either. Home prices reached new record highs (Redfin's report today) despite 7%+ rates.

@notnotnever 2 ай бұрын

I like the analogy of the water in the bathtub!

@JasonWalter1 2 ай бұрын

I'm glad you liked it! I made it up but I thought it's a way to describe how inventory can grow or decrease.

@notnotnever 2 ай бұрын

@@JasonWalter1 yes, to me it gives a simple picture in my mind of how new listings can increase yet supply decrease - if the water is flowing out faster than it's coming in, the level will go down.

@mikel2887 2 ай бұрын

Jason, prices are skyrocketing in the milwaukee metro. I live in a decent suburb that borders the city. My 1000 sq foot 3 bed, 1 bath starter home has increased from 250k to 310k in 6 months per zillow. So now, running numbers: 105k income needed. 20% down, 7% 30 year would be about 1950/mo PITI. I've owned the house 19 years. I would not qualify to buy it today. Yet I have a 10 year mortgage and pay less than rent would be.

@AJourneyOfYourSoul 2 ай бұрын

That’s the power of home ownership. It is so important to own a home. Sounds like you got yourself an ideal situation. Small, easy and cheaper to maintain single story house within a short distance to a major city. That is exactly what my house is too. They don’t build houses like this anymore.

@JasonWalter1 2 ай бұрын

As @ajouneyofyoursoul mentioned, that's the power of home ownership and it shows how affordability is very low right now. On top of that, daily average rates rose to 7.5% today :/

@Steverz32 2 ай бұрын

Hey! I didn’t see a 2 for hump day Jason😂 It’s getting wild out here 😮

@JasonWalter1 2 ай бұрын

Wild indeed!

@user-iu2kq7nx8u 2 ай бұрын

Completely unsustainable. Prices have gone up even 3x in many cases. Then interest too? On what planet? Big crash coming

@user-iu2kq7nx8u 2 ай бұрын

People can't even qualify for rent unless married . Single people got 🖕

@simrdownmon6431 2 ай бұрын

You are looking at one piece of the puzzle, a common accurance for people who're not economically savvy. Too many people locked into low interest rates plus housing shortage equals no crash...minus total economic collapse of course. I predicted the 2008 crash, bought my house in 2012 and sold last year. No one wants a crash more than I...but it's not gonna happen.

@professorprofessorson8795 2 ай бұрын

They would never admit to a crash obviously, it’s coming tho

@JasonWalter1 2 ай бұрын

What do you think will be the breaking point?

@House_hacker_619 2 ай бұрын

Crash is coming in 2035. For now keep renting.

@bullettethebulldiva4875 2 ай бұрын

@@JasonWalter1 Lay offs and inflation. Doesn't matter if you have a zero% rate. You lose your job you have to sell. Mass lay off's coming.

@House_hacker_619 2 ай бұрын

@@JasonWalter1I hope Travis is watching this video. My guess he will make another buyer remorse or another Texas housing crash 😂

@House_hacker_619 2 ай бұрын

@@bullettethebulldiva4875research the 80’s market. Supply was low, Inflation was at 12%, interest rate at 18% and unemployment at 10.5. It didn’t crash the market and housing prices went up.

@michaelrios4982 2 ай бұрын

Hey, Jason. How you doing today? I have a question for you. My lender was telling me that I have to pay a fee for them to give me a lower interest rate. Why is that and how much does that typically cost?

@JasonWalter1 2 ай бұрын

Thank you for your question. It’s called paying points (i.e. discount points). Lenders give you the option to pay additional money to get a lower rate.

@darwingortiz7013 2 ай бұрын

I hear so many people and "influencers" pedaling "the house market crash" that i am starting to believe that someone is actually paying them to say that. And has been done with such emotions and passion that i am already convinced that what is going down and WILL crash is the american dollar buying power. This last one for sure you can count on!

@JasonWalter1 2 ай бұрын

The reality is housing crash videos and channels get the views = more views = more KZfaq ad revenue for the person who made the video.

@grownupgaming 2 ай бұрын

Werent we expecting cuts in May 2024 at beginning of the year? Now in April we are expecting cuts in Sept 2024? It's not comforting that the date of the first cut is shifting back as fast as time progresses.....at this rate we will NEVER cut.

@tann_man 2 ай бұрын

The global monetary system cannot handle current rates for long. Attempting to save that system too early would just mean more inflation. The fed is a reactionary agency. Once they see a clear imminent crack in the system they'll intervene. Treasury spending is giving the appearance of strength for now but that only means more pain when the dam finally bursts. Until that happens fed is doing everything they can to hold rates until inflation is definitely reduced sufficiently. When they cut it means things have gotten much worse.

@grownupgaming 2 ай бұрын

@@tann_man any chance inflation just goes down so we could get rates down? Does it have to be because of a recession that we lower rates?

@tann_man 2 ай бұрын

@@grownupgaming Not really. The mandate of the fed is to keep inflation and employment at reasonable levels. Lowering rates is only a move they do to try to stimulate the economy to prevent unemployment. If inflation cools off like it looks like it has (we have some short term oil shock inflation that's kept things "sticky" but oil shocks are long term deflationary) there would be no reason to lower unless it poses a risk to employment. Maybe you could imagine a very modest risk to employment causes a modest cut in rates but they don't cut unless they feel like its needed. It's not healthy to have rates low but we got used to it like crack and now we need our fix to keep going. The longer the system continues the larger debts get and the rates must grind lower if we are to avoid imminent collapse (in favor of can-kicking later collapse)

@lockup6104 2 ай бұрын

🤙🏽🌴👍🏽🍍

@AlfieIII 2 ай бұрын

Market is so screwy

@raymond_sycamore 2 ай бұрын

They'll be building houses on the moon soon because that's the only place these prices are going!

@JasonWalter1 2 ай бұрын

haha Good one

@user-xm8rf6ik7b 2 ай бұрын

Of course prices will go up . I’d expect housing prices to double in the next 3 years . Why not , we are all rolling in dough and listen to KZfaqrs so we should all invest I. Real estate as well as be diversified in bitcoin and fine art . I don’t know about you but if prices keep going up I won’t be able to eat let alone buy a house .