😊

I have 2.75 and 4.375. Nope not selling as a matter of fact I’m on the sideline waiting.😂

no

Hey David! Love your content. Have you thought about bringing on the Economic Ninja for an interview? I've seen some great content from him on the real estate climate.

No. That would be stupid. I am buying another in 2 weeks or less. Just working on financing. Need a place to rent? -Curtis Loew

The stock market is no different, to maintain profit you need to have some in-depth knowledge on the market. I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

My partner’s been considering going the same route, could you share more info please on the advisor that guides you

My CFA, Annette Christine Conte, is a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

I'd love to work with the same advisor you invested with. How do i align with the person?

Annette Marie Holt 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..

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.

Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.

this is all new to me, where do I find a fiduciary, can you recommend any?

When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

U.S. stocks have historically been the best investment. Treat it like real estate, don't panic sell and impulse buy.

I like both. But in my experience, most of the millionaires that I know have gained their wealth through diversified investments and they all had a sort of advisor helping out with informed decisions.

Agreed, advisors are the ideal reps for investing jobs, and straight up! that's how I’ve stayed afloat for 5 years now, accruing nearly $1m after 100s of thousands invested. IMO, home prices will need to fall at least 40% before the market normalizes.

@@Charlesman_T real estate prices exploded, interest rates exploded, but my wage the same, i'm screwed! who is your advisor please, if you dont mind me asking? in dire need of proper asset allocation

She goes by ‘’KAREN LYNNE CHESS’’ I suggest you look her up yourself. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

I hope to own a home some day, not quite long I started investing. I'm very curious already and need help on how to enhance and increase my returns. Any good investment tips will be appreciated.

The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

How do I reach out to one? my assets have been struggling since 2022 and I’ve been holding on by the skin of my teeth.

“Sharon Lee Peoples”’ 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.

Don't pay just the minimum. Take out a HELOC and use it to pay down the principal in 6 or 7 years...research Velocity Banking.

Yea because of the insane amount of money printing.

💯

They are truly ridiculous.

We can blame Zillow and Redfin for artificially jacking up the value of homes

I hope you have refinanced using low interest rate regime.

Someone’s gonna win someone’s gonna lose

Obviously not the buyers 😂🍌

If by soon you mean 2026, sure. But until then it's up only

Being right but years too early is the same as being wrong. It is very unlikely that we see housing go down before 2026

Nothing is going to happen . **** buyers are going standing outside of the house, in the cold looking at the dream house and sellers are going to live comfortable in warm house watching TV and videos . REALTORs are going to spread bad news so they can get some commissions.

Very true. The humble mom and pop owner has not been the driving force for many many years. Investor money drives price direction and momentum and the fundamentals aren’t supportive so the money will flow away from real estate for sever years to come now… or at least until homes become relatively undervalued (rates fall AND prices fall).

@@josephedlin2172 What’s a “humble mom and pop”? I have heard real estate investors on KZfaq consider someone managing 100 “doors” (homes) to be “mom and pop”. Meanwhile, that “mom and pop” is cash flowing $50k per month while collecting rent from 100 families.

@@josephedlin2172majority of those investors are humble mom and pop owners. They own 2 or 3 rental properties. People tend to think of investors as or major or corporate however majority is mom and pop.

That's only part of the 'equation'. People bought 'high', way too high. Overextended. How many of these folks are included in 'layoffs'? People got 'taken to the cleaners' on houses, vehicles, home owners insurance, car insurance, food , & energy. They've spent their free money the gov't handed out. Even with their low interest rates, many are in or will soon be, 'a world of hurt & pain'

@@B126USMCpeople that bought way high are mostly 2020 and 2021 and the also have a good amount of equity now and low rate. Most of them will not sell cos of their low rate and if the sell they get good returns

People are ignoring the rental market. In my city 1/2 the houses in the city are or were rentals. They aren't getting what they're asking for and more are becoming vacant. That's where the excess inventory is going to come from, rentals are going to sell off to home buyers.

You’d need millions of homes to Sell for this to effect the housing prices in a big way. Why would rentals just sell? Makes no sense unless they needed foreclosure. Correction? Sure. But no crashes unless millions lose jobs or homes. Keep waiting. There’s no crash in sight.

@@dissident112 Totally agree. Houses are for families to shelter/live in, NOT for investment/trading/"passive income" purposes

@@rayzimmerman2242 So change the tax code, good luck with that. Spread out depreciation, limit tax deductibility of taxes, interest, insurance, etc for investors. Most homeowners, except mainly the wealthiest, don’t receive much benefit from mortgage interest and property taxes.

But these high prices keep going up year after year in Orange County, esp. south OC. I know I’ve been living south of Irvine for 47 yrs. Bought my place for $65k back then and it was ‘high priced’, today it’s about $1.1mil, maybe a bit more and could rent easily for around $4,500 a month. With all this talk about prices crashing soon, etc. if it does happen it will soon rocket shortly thereafter, seen it before on several occasions. Why one might ask, because of the great climate, world class venues, amazing no. of great and highly varied restaurants (13 different kinds of ethic within 3 miles of my home), great schools including Univ. Of Calif - Irvine, great beaches, skiing 2 hrs away in winter, numerous beaches nearby, crime rate half the national average, very clean environment, no graffiti in this area, great health and medical personnel and facilities, year round gardening if you’re into that, and no real danger from natural disasters (only some earthquake potential but only very minor shakes in the decades I’ve lived here. The Mediterranean climate is one of the best in the world which means great weather year round. No tornados, hurricanes, no snow or excessive precipitation so no floods, drought might be a longer term concern but not a concern in the next 2-3 years. Lots of high paying jobs for the qualified, you need to have good skills and/or a pertinent degree, I know a young middle Eastern couple who immigrated a few years ago and have two properties, both have MS degrees in engineering from their home country and work for high tech companies. Our daughter just accepted a new job and was offered a bit over $192K, she has a master’s and 25 yrs of experience, bought her townhome 13 yrs ago for $450k, now going for just over $1 mil and 3 years left on her 15 yr. mortgage which was refinanced a couple of times. Great place to live but you have to have the right set of skills to make it, high school diplomas only won’t cut it, those are mostly the ones that are leaving Calif based on a recent survey, it figures. I know a guy who does not have a degree but has about 30 yrs experience as an industrial electrician and makes a ton of money. Those are the facts. Ymmv.

Prices are even higher in Markham and Richmond Hill, Ontario Canada.

@@parkerbohnn- Look up median price for Newport Coast, CA. ($15 million) cheaper just up the coast is Corona Del Mar, just $5.5 million), lol. You should see the yachts in Newport harbor and the adjoining homes.

@@Chainyanker007 I've got relatives who live there but they were born there.

​@@Chainyanker007how big is your house? So it is still seller's market in your neighborhood? I am surprised how high Irvine housing prices are.

And men don't want families they can't afford.

Is this supposed to be a brag?

You greedy fuck 😂😂

I’m in the same boat but a little more income and living with my girlfriend and her kids in an overpriced rental in Southern California.

Stop bragging, some of us made life mistakes and dont have parents to accomodate us

I think Juasha still allow Airbnb?

AirBNB is dead anyway. Hotels are back. People hate paying a cleaning fee and having to clean anyway for a greedy sociopath. Give it time

@@lesleyjohnson8488 It is an option but with all the fees and false advertisements it is better to stay in a hotel

Lost jobs, more layoffs coming sooner than later. However, it's more than what 'meets the eye' that compounds the issue(s).........

You left out 'maintenance on the house And the car ......What's that leave now? Isn't Oregon one of those places where they listened to the people's cries over wages weren't enough? I'm sure the price increases have much to do with your circumstances. And I wonder how many lost their jobs via layoffs because the business owner had to find ways to survive himself?

The entire real estate industry is full of lying snakes. They lie all day to everyone. After awhile they lie so much they've convinced themselves.

You’re clearly not understanding what he’s saying, take off your political blinders

he's a realtor, they all lie for a living

Moat of what he said was solid info but i agree w you. 25 basis points WILL NOT move the needle. The market needs to see AT LEAST a 100-150 bps drop to make any sort of impact. Values are still ridiculously high. Im in NE Florida. Homes started at low $400k in 2020. Now same Homes in the 2nd phase are starting at low to mid $700K 😂. Builders are delusional here.

I caught that, too. The guest said the US is "more draconian" than Canada on immigration. Does draconian now mean Not Strict?

Markets adjust. Land costs will plunge, labor costs will decline, building materials will decline.

​@@JamesBlazenexactly !

Honestly i dont mind having a nice townhome. I have an sfr now and the big downside is maintaining the lawn/yard. It costs alot of money and alot of time.

That means there will be a severe shortage of single houses

@@youssefhamidi8152 You can hire a gardner for $250/mo if you're too lazy to take care of your yard. HOA fees in a condo development will be enormous.

Absolutely and the Decade Plus of Forced Zero Rates from 2009

It’s just starting Fiat usd has a lot of downward pressure- Thus taking more USD to buy the same things as 2 years ago/ You can’t support a failing war and not except inflation- War = inflation. If they lower the rates, and they will eventually, the prices on everything will rocket higher-

that and mass immigration and deliberate attempts to restrict housing supply. the govt's plan to engineer a fake housing shortage and debt servitude among the population through mortgages is about to backfire spectacularly.

Actually the biggest driver is supply and demand. When you plan for a certain average population growth and housing need then suddenly you have millions of people fleeing California and new york and spreading across the nation the housing and rental supply gets gobbled up fast. Then those people with money that want to move there offer more then the asking price and the values go up. And because they are middle class or higher moving from new york and california they have money and can afford to pay above the normal market rate for the area. Then add to this banks or other organizations that were buying up homes or individuals with money, buying homes trying to capitalize on the market so they could flip the home for more, thus driving prices up even further. Way to many people were moving in a short time, big part of this is covid and people fleeing blue over regulated weaponizeation of covid states.

Correct. The issue is its going to continue so investors are buying houses to combat inflation. Rental nation here we come.

You’ll lose your job and then credit goes and then forget buying at any price

Wonderful. And when you and 25% of the population is unemployed due to this depression and have an income of $0 I’m sure that home price correction will do people a lot of good.

@@InvestingWithAdamK you sound fully invested into your "home" (fake investment)

@@InvestingWithAdamK some of use have recession proof jobs and have enough savings to buy a cash home now at these prices and a much nicer home if they did drop 50%.

I’m actively looking to buy and there are sellers (and realtors) in the area listing homes $100k more than 2022… it’s crazy.

That's like blaming the NYSE or NASDAQ for stocks going up...

100% brought to you by the red fin algorithm to drive up prices.

3 words for you “Supply and demand”

NYC, I see prices decline 7-10% (few in range of 20% down) stop trying to fomo. I'm seeing hell lot more inventories. The current market is supply > demand in which it's forcing these declines (although not fast enough).

@@hakomii The reason your seeing the drop in prices and the rise in inventory in new york is because people are fleeing new york. And in doing so driving up prices elsewhere.

There will be no market on real estate market. Sellers are unwilling to sell because of high interest rate; buyers can’t afford both price and rate

In the end, it’s up to the seller if they want to budge on price or not

No

Bad year for me, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.

I agree that hiring a portfolio coach is a smart move and that in this case, patience is your best friend. I make a lot of investments and cannot afford to take the risk of doing it alone. Instead, since the rona outbreak began in late 2019, my portfolio has been maintained by a qualified advisor. I only need about $86k more to reach my three million dollar ROI goal.

Magnificent! Could you please provide additional information about the coach who mentors you? might save me a lot of money

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!

Fyi, there has always been a ‘political power struggle’, and I’ve been an adult for 65+yrs.

We are going to Implode here as they build off a cliff. No idea how people! re missing this

We are dead in the water here in Sarasota. This guy's smile makes him look like an actual shark.

Texas follows

@@christaylor8337 They erased my comment again, but I'm here in Sarasota also. It's going to implode here!

Big jump in inventory in Pensacola and nothing is selling.

Redfin, Zillow, & whoever else 'downplay' because they want to keep making money to 'fill their coffers'......They don't care about you. Plus , they know that new law goes into effect soon

never wish for a crash. that affects the ENTIRE ECONOMY.

Compared to Canada ….

@@lesleyjohnson8488 Bingo

I though HOA fee was a rip off but now that I have a home the cost of watering lawn, mowing, pest control, fertilizer and time it takes is comparable to the HOA fee so in most cases it’s a fair tradeoff paying the HOA fee.

@@youssefhamidi8152 Depends .......

16m homes being held vacant to create artificial scarcity.

@@downrightmike No. 😂

We have UNDER built since 2010. We need to OVER build 300,000 to 500,00 house per year to catch up. In 5-10 years. These are facts. Everyone here is running on their feelings. I will continue to buy (want to rent?). Actually some time this month or early July. Even this old black man is doing the work baby! -Curtis Loew

Average boomer is between age 70-78. You'll be holding your breath for another 10-15 years for that "dying off" strategy. Bigger issue during that time is Boomers downsizing to the very 3 bedroom / 2 bath house that others were hoping to be starter homes.

@@vdkid1016 boomers start at 60 years old. Today. With medicine, many will live to 90-100 years old. Stop whining and get to work child! At least you should have your mommy’s basement for a long time.

But the population growth is from illegal immigration. They’re a net negative for the economy.

American real estate is dirt cheap right now.

'Suckers' bet

Yep. We’ve been getting gouged for years now and corporate profits have been at record highs. That isn’t supposed to happen during actual inflation periods.

Maybe a 'wet dream'

immigrants will be brought in by the boat load as soon as the blood splatter on the sidewalk from people who have suicided themselves has been washed away...... apparently that's the plan.

I noticed the same thing.

not if unemployment rises…

Yeah,,,,no matter what the situation the agents will always say it's a "good time to buy".......They need that EZ money in their pockets

lol yeah cracks me up when agents talk real estate.

BOTH need to come down......not sustainable....

People are waiting for interest rate to drop.

These prices are not normal

@@truthmonster3290 everything is being manipulated. You’re true to your name. 👍

Their algorithm raised prices to where they can't make a sale and need prices to come down, but now delusional sellers can't believe reality thanks to this jerk and RF

In Las Vegas a 2-bedroom apartment goes for around $2000/month now. Ten years ago it was only around $1000/month. Inflation has shot up in Las Vegas. Crazy.

@@ComommonlyCensoredthen no income for no one 😅 we fall down….

It's even worse.

The collapse could take five years to play out.

Which is in line with the RF CEO’s thesis, 1% decline in values. He never said it was armageddon

some people = Blackrock ?