Top 10 Cities where Home Prices are Crashing in 2024

Рет қаралды 146,834

7 күн бұрын

Home prices are now dropping in many cities across America in 2024, with values set to decline in the second half of the year in many Sun Belt Housing Markets across states like Texas, Florida, Arizona, and Tennessee.
Access the data in this video on Reventure App: www.reventure.app
10. Nashville, TN - home prices are dropping in many neighborhoods due to an inventory explosion of homes for sale. Some sellers are cutting prices almost $80k below what they bought it for.
9. Dallas, TX - home builders across the DFW metro are slashing prices, with the number of price cuts surging to the highest rate in years.
8. Phoenix, AZ - many real estate investors thought this market was recovering, but it's now hitting another leg down. The number of homes for sale in Phoenix is spiking by 80% YoY.
7. Huntsville, AL - I like this market over the long-term. Population in Huntsville is growing, however so is the inventory. Median List Prices are dropping fast.
6. San Antonio, TX - inventory in the San Antonio housing market is absolutely exploding, which is now causing home prices to drop in Bexar County.
5. Tampa, FL - home prices in Tampa-St. Pete Housing Market are now going down to a big surge in inventory on the housing market.
4. Cape Coral, FL - the median list price is down 7% over the last year in Cape Coral, with a corresponding spike in inventory and price cuts.
3. Austin, TX - home prices in Austin are down 18% from their peak and are continuing in freefall in 2024 due to a massive spike in inventory and homes for sale.
2. Denver, CO - home prices in Denver are dropping due to how expensive the market is, combined with more people starting to move out. With median list prices declining and price cuts surging.
1. Sarasota, FL - Sarasota/North Port housing market is crashing due to a spike in inventory and price cuts.
---
REVENTURE APP: www.reventure.app
Access Exclusive Data and Videos as a Channel Member: / @reventureconsulting
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's KZfaq channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, KZfaq, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. www.shutterstock.com/
Additional stock footage provided by Envato Elements. elements.envato.com/

Пікірлер: 1 000

@ReventureConsulting 5 күн бұрын

Buying opportunities are coming in many of these cities. www.reventure.app to track inventory, price cut, and valuation trends.

@georgedoolittle7574 5 күн бұрын

US equities moving higher would be on news for 2024 of US economy slowing down big time. This will impact real estate negatively more than any other asset class. Short copper strong sell.

@Mike_257 5 күн бұрын

Unfortunately, the worst is yet to come 😭!!!!!

@justinstelz3024 5 күн бұрын

Can you give me your thoughts on Syracuse, NY. Last week you were showing some of the lowest inventorys in the country. Its a tough market here.

@Bruno-sy3zv 5 күн бұрын

Watch out for people pretending to be re:_YT

@bernadofelix 3 күн бұрын

For newbies, be aware that this is a grossly oversimplified scenario. For one thing, you can't get a mortgage on an investment property without at least 25% down payment. Two, it's easy to see comps for house purchase prices, but it takes a lot of research to understand the comps on rent prices. The trick is to find a place where renting is more expensive than buying, but those places are less common because of this very type of scenario. Three, you have to remember that rent number he's using is supposed to be net income, not gross. So you have to think about costs for taxes, insurance, maintenance and vacancy when you're researching investments. All that said, real estate investing is a good tool for wealth accumulation. But it isn't foolproof.

@Michaelparker12 3 күн бұрын

Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

@HectorWhitney 3 күн бұрын

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.

@tatianastarcic 3 күн бұрын

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

@CraigLloyd-fz6ns 3 күн бұрын

Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?

@tatianastarcic 3 күн бұрын

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

@Beatricegove733 5 күн бұрын

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

@brucemichelle5689. 5 күн бұрын

@Justinmeyer1000 5 күн бұрын

Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.

@PatrickFitzgerald-cx6io 5 күн бұрын

This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

@Justinmeyer1000 5 күн бұрын

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

@PatrickFitzgerald-cx6io 5 күн бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

@James11553 2 күн бұрын

*Amazing video, you work for 4Oyrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

@lodowyka.nanariain2231 2 күн бұрын

Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

@Jake61982 2 күн бұрын

Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Michael Wayne, has been an amazing experience.

@PearlWilloughby 2 күн бұрын

Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down🤦🏽of myself because of low finance but I still believe in God

@America500 2 күн бұрын

I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Mr Michael Wayne

@sman8yogyakarta909 2 күн бұрын

Good day all👍🏻from Australia 🇦🇺 I have read a lot of posts that people are very happy with the financial guidance he is giving them! What way can I get to him exactly ?

@AstaKristjan 3 күн бұрын

I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are ridiculously high and Mortgage prices has been skyrocketing on a roll.i might just invest the 100k i have than waiting to buy a home

@Erinmills98 3 күн бұрын

The stock market will plummet further, so I advise you do critical analysis on companies you are going to buy. Even better, you could have an investment adviser guide you restructure your overall portfolio and offset the bad apples you’re holding, that strategy’s been working for me so far, saves me a whole lot of stress and continuous anxiety and also it’s very time efficient.

@veniceblackwood2931 3 күн бұрын

Very well said, who is this adviser that guides you and how did you find them? I don’t seem to find any locally and I’ve been having a terrible year.

@Erinmills98 3 күн бұрын

Kristin Amy Rose is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@aigajenkinson2495 3 күн бұрын

It matters not how much money you save, but how you handle it. Whether you work for a living or invest, it still boils down to revenue vs. expenses, so sure, you may look into financial consultants for a strategy that suits you

@veniceblackwood2931 3 күн бұрын

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

@curly__3 5 күн бұрын

10 Nashville TN 9 Dallas TX 8 Phoenix AZ 7 Huntsville AL 6 San Antonio TX 5 Tampa/St Petersburg FL 4 Cape Coral/Ft Meyers FL 3 Austin TX 2 Denver CO 1 North Port/Sarasota FL

@z-z-z-z 5 күн бұрын

thanks, i ain't got time for all that...

@kimberlyplatt2382 5 күн бұрын

You forgot California

@Legendary_UA 5 күн бұрын

Just sold in Huntsville. 😂. New builds were going for $275/sqft

@alvarezgamers 5 күн бұрын

@@z-z-z-z Why are you on a video site if you don't want to watch a 15 min video? lol Weird....

@FrancoM7747 5 күн бұрын

Because it's BS

@mannyreyes2154 5 күн бұрын

12% home price cuts ain't good enough. For a green light to buy home prices need to plummet down to at least 40%

@enthused7591 5 күн бұрын

They will, just gotta be patient. People see what's coming, hence the higher inventory levels than pre-pandemic. Next comes 10+% unemployment unfortunately. Home values are going to drop a LOT more than 40%.

@savageinstitute9569 5 күн бұрын

@@enthused7591except the places they dont

@Nighthawk30722 5 күн бұрын

Prices wont go down 40%. They didnt fall that far in the GFC. And if they start to fall close to 20% on average, the FED will print TRILLIONS upong TRILLIONS to make sure it stops.

@Nighthawk30722 5 күн бұрын

The fed doesnt want high inflation but they tolerate it. The just dont want runaway inflation. But they would accept 10% inflation over 10% deflation 100 days out of 100. They would buy 100 printers to make sure this doesnt happen. And I know they're not "printing" but you get it.

@robertdulany6811 5 күн бұрын

I wouldn't have any magic number like that, you might miss out. In the long term the dollar isn't goign to be worth more, they are still pumping dollars into the economy with deficit spending. If you look at a home in nashvilel that is already 10% off peak and if it went down another 15% that would be called a 25% drop or a crash - but it won't feel like one. The drops will be slow, it'll still feel like it's expensive, but a 25% drop is a correction and could be all you get.

@Janise-pg8yr 5 күн бұрын

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

@user-ql1hu3fr4f 5 күн бұрын

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

@Manselus-uy3kz 5 күн бұрын

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

@Manselus-uy3kz 5 күн бұрын

My CFA ’ANGELA LYNN SCHILLING’ , 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.

@Adrian_misterblue 3 күн бұрын

I often wonder how top level investors are able to become millionaires by investing. Just made a home sale and I’ve been sitting on about $545K equity, not sure where to go from here. Is it a good time to buy into stocks or do I stay 100% cash?

@fromthebirchwood 3 күн бұрын

the stock market this year is at an all time high and a good number of folks raking in huge 6 figure gains, tho such strategies are most times successfully executed by folks with in-depth market knowledge

@arlenehill4ril 3 күн бұрын

True, despite having no prior investing knowledge, I got fully invested before the pandemic and pulled in a profit approximately $150k that same year. In reality, all I was doing was getting professional advice, and as of today, I'm only 10% shy of a million dollar pfl.

@Charlesman_T 3 күн бұрын

@@arlenehill4ril truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor... mind sharing info of this professional guiding you please?

@arlenehill4ril 3 күн бұрын

Karen Lynne Chess is the advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment.

@sergiopawson 3 күн бұрын

thankfully googled Karen Lynne Chess and was able to schedule a call session via her consulting page, she seems very professional from her resumé with over two decades of experience

@George-ri6vg 5 күн бұрын

Realtors all over the country “prices will never go down again”. People watching the revenue consulting channel “sure…” greetings from Jacksonville, Florida

@kylegrant9980 5 күн бұрын

Prices nationwide will never go down unless some major black swan event happens. Sure local pull backs happen, but the market as a whole has only gone down twice 100 years. Great depression and Great recession.

@robertjones2282 5 күн бұрын

@@kylegrant9980Is the current personal and national debt sustainable ? The answer to that question will be the same for the housing market.

@xisigma 5 күн бұрын

Maybe the new norm will be houses sitting on the market for years as both sellers and buyers refuse to blink.

@George-ri6vg 5 күн бұрын

@@xisigma think so. I believe after six months the sellers will realize that this is not a sellers market and they will drop prices. They have no option. Otherwise they will be stuck with homes that they want to sell and that they are not selling.

@DiscipleofHim 5 күн бұрын

@@kylegrant9980 Go buy a bunch if you feel that confident. Just kidding....I feel they are way over inflated. No way are these worth what they have listed...Just my feelings.

@nandojuace 4 күн бұрын

Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.

@LolMan-qy9cc 4 күн бұрын

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

@grizbaseball 4 күн бұрын

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

@FannyMontage-xu8id 4 күн бұрын

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

@BraunRob 4 күн бұрын

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

@icucmerc 4 күн бұрын

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

@jasonfuller1001 5 күн бұрын

The first to rise, the first to fall. I expect corrections throughout the nation.

@arunraju9705 5 күн бұрын

Expectations are fine but the reality will be totally different.

@tjnguyen2149 5 күн бұрын

It has not happened in OC, CA yet.

@vladimirofsvalbard9477 5 күн бұрын

Slight price fluctuations, but not corrections. There aren't enough foreclosures to induce a crash outside of extremely high priced demographics. Your cookie-cutter home prices aren't going to come down. We have the lowest foreclosure rate in 20 years. It took nearly 5 years of rising foreclosures to produce 2008.

@CaptainCaveman1170 5 күн бұрын

@@vladimirofsvalbard9477 It's a fallacy to think that foreclosures are a necessary ingredient when they simply aren't. Credit bubbles always collapse under their own weight due to the diminishing amount of credit-worthy people (or simply people who are willing to borrow for very inflated assets). Foreclosure is ONE mechanism, but forced sales will do the job too, just more slowly. There are places in this country that are already down 20% from peak, and that's without a foreclosure wave, a stock market rally for the ages and with the economy still posting decent numbers.

@CaptainCaveman1170 5 күн бұрын

@@tjnguyen2149 Inventory is still ridiculously low. I am impressed by the amount of people able to postpone life events indefinitely. Anyone waiting to buy in LA/OC is probably better off learning to speak Texan...decent shelter for 250k as far as the eye can see. I am seeing signs of weakness in Bakersfield, Victorville and even as close as Corona. But the basin(s) themselves are still near or at peaks.

@TylerofSc004 4 күн бұрын

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 48.

@Richmind-ir5zi 4 күн бұрын

I don't think here is the place for personalized investment guidance. However, I suggest consulting with a reliable advisor like Azul to ensure appropriate retirement planning.

@Marianela-r3v 4 күн бұрын

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

@greekmom 4 күн бұрын

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

@Marianela-r3v 4 күн бұрын

'Kristin Amber Landis' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

@greekmom 4 күн бұрын

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

@PCMenten 5 күн бұрын

This guy is a very good presenter. Easy to listen to and to understand. Good job.

@DiscipleofHim 5 күн бұрын

He also is in your face a lot I have to mute it.

@HJJTsai 5 күн бұрын

Go back to 2021, he said the crash is coming and wait it out. 😂 and it only went up another 25% with interest doubled 😅

@ricardorivera9074 4 күн бұрын

Full of shit he is.

@favor4afavor823 4 күн бұрын

@HJJTsai this ☝️ The guy has been pumping the same real estate "crash" propaganda for over 3 years. He should be good at "presenting" it

@EatMyOats 3 күн бұрын

@@HJJTsaiso when property tax, insurance & interest rates double... You're going to love it?

@jessicahayes9788 5 күн бұрын

Homes that people bought in 2022 for $500k + were only about $40k-$60k in 2019. I bought my property in 2013 for $360k, 3100sf home 4 bedroom 3 bath, 30+ fenced acres. Some crazy realtor told me my house was worth $6M in 2021. Most homes around here only go up in average between $10k-$20k/year. I live 2.5 hours away from Austin, TX. One of my good friends who lives closer to Austin out her house up for sale in 2021 for $359k. Bunch of Californians went in a bidding war and the end price was $875k. The people who bought it in2021 put it on the market in January 2023 for $1.2 M. Last time I checked the price was down to $675k and nobody is buying it. The dumb money never stopped

@veronicaegidio2374 4 күн бұрын

Neither do "Dumb People" the FOMO in 2021 was one of "The" biggest jokes I ever seen. Now the same over priced home will sell for much less and the rates are double what they paid, it was a "trap'" People are paying over 40% of their income for rentals and mortgage payments, not a good outcome. 😧

@tres5533 3 күн бұрын

Got that right Jessica - "The dumb money never stopped"

@EatMyOats 3 күн бұрын

Sold mine at peak, flipper put >$160K upgrades, Never sold, Zillow now had it below my sell. Downsized, rented, doubled equity in energy. Use this site to move & buy after election.😮

@enthused7591 5 күн бұрын

Cape Coral FL - housing inventory is 26% higher than pre-covid levels. Absolutely massive price crash coming there first, identical to 2008. Cape Coral and Palm Bay FL both dropped 65% in value from 2008-2010. Now both of those places have seen prices go up 550% since 2010 and over 110% from just May 2020 to October 2022.

@InnanetSlatt 5 күн бұрын

Cape Coral absolutely smashed by hurricane Ian in 2022 and hasn’t recovered. Insurance companies are still fighting not to pay people’s claims.

@CroisMoi 5 күн бұрын

My dad lives in fort Myers. The hurricane devastated many in Cape Coral. They have still not recovered.

@capecoralrealtor 4 күн бұрын

@@CroisMoi This is not correct, I live in Cape Coral for 25 years this area was no devasted by Ian,Fort Myers Beach if you drive around Cape Coral today you will noy see much evidence of damage from hurricane Ian

@tammycharles7622 2 күн бұрын

*Our congress has no idea how we Americans are feeling, we individuals are fed up with this treasonous administration.I feel for people with disabilities for not getting the help they deserve...Thank you Ms Laura Ferguson..imagine l invested $2000 and received $5,500 in 4days.*

@MerylConnor 2 күн бұрын

Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.l can't fold and watch people around me suffer.

@JanieBrown-qw8vl 2 күн бұрын

everyone needs more than their salary to be financially stable. Investing it with a reliable source is the best.

@LibyanHagrieve 2 күн бұрын

I'm surprised you also trade with Laura Ferguson, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.

@Alice10155 2 күн бұрын

just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

@Jeremy10444 2 күн бұрын

The initial step in successful investment is to establish your goals and risk tolerance, a task best undertaken with the assistance of a financial advisor.

@user-xp5yk6kc9i 5 күн бұрын

I dont generally follow the shovel sellers youtuber but this kid is sharing really useful data !! He goes around real time places, surveys and shares the real shit ! Very useful for folks .. Keep going kid

@WhyteHorse2023 5 күн бұрын

He does provide truth. A valuable commodity when everyone is lying.

@Joelewis148 5 күн бұрын

It's certainly concerning to hear about a default cycle, particularly in the housing market. Defaults can trigger foreclosures, which in turn can have a ripple effect on the entire real estate sector.

@ryan_dylan6650 5 күн бұрын

While it's concerning, it's important to look at the broader economic context. A default cycle doesn't necessarily mean the housing market is completely finished; it might signal challenges, but markets are dynamic, and they can recover.

@debroahmorrow5919 5 күн бұрын

But if more people are defaulting on their mortgages, doesn't that mean home values could plummet?

@patricia_nura3378 5 күн бұрын

Yes, that's a possibility. An increase in foreclosures can lead to an oversupply of homes in the market, putting downward pressure on prices. It's the basic principle of supply and demand.

@WEi45635 5 күн бұрын

How can people address concerns about their property values?❤❤❤

@patricia_nura3378 5 күн бұрын

Now might be an ideal moment to reevaluate your financial status. If you're worried about your home's value, consulting a real estate professional or financial advisor could be beneficial.

@JungleBook805 5 күн бұрын

That Phoenix house needs to decrease by another 50%

@favor4afavor823 4 күн бұрын

Don't hold your breath

@octoberboiy 4 күн бұрын

Lol idk why people even bought a house in that H hole and actually thought they’d get an ROI from it. I also don’t know why Californians were trading their houses for house similar in price but in a more toxic environment than California. Now they’re all selling and moving back. Smh.

@KevinBrooks-en8ur 5 күн бұрын

That house in Phoenix shouldn't be more than $250,000.00 IMHO.

@paigeyragey 4 күн бұрын

The house in AZ he showed is in a 55 and older community. A retirement community.

@NorthStarGemiGem 3 күн бұрын

@@paigeyragey HA! A retirement community is what he used for an example…that’s funny cuz not even the over 55 folks want to live on age restricted communities in az. They say they make them feel old. Al the demand for these homes is way less than outside these communities. And this is why I always point out that any real estate influencer who does not live in the area or have first hand knowledge of the various areas he/she is speaking on is most likely giving misleading information based on data and analytics that have nothing to do with the actual market. That 55+ community could be next to the worst area of Phoenix or the wealthiest in paradise valley. Which means you cross the street and that other zip code has seen an increase of $100,000 in 1 year, while this one place he speaks of miraculously somehow managed to supposedly decline. So ppl plz do your own research and try not to base your important life decisions..such as where you buy or when you buy or sell …on click bait thumb nails and entertaining presentations. Otherwise you will be sadly mistaken when you move to az looking for this $350k home and only find homes for sale over $850,000 in any area you would feel comfortable living in!

@michaelcushing3526 5 күн бұрын

Regarding Huntsville, thousands of well-paid Army civilian positions were moved there due to base closings. Many of those employees can now retire and move either back home or to their preferred retirement locations.

@jamesmclain1449 5 күн бұрын

Prices in Denver are definitely dropping. Lots of houses falling out of contract. My inbox is filled with “price reduction” emails. Days on market the longest I’ve seen in a while. There’s more room to go as well. It may not be”crash”, but a correction is in order.

@mle3857 5 күн бұрын

What about Boise? We need an update!

@MrMoLucky 5 күн бұрын

Please make your subscription more affordable. Product leader here and I believe you’re overpriced for a large audience, i.e., professionals like me that are curious, but don’t “need” it. I’d happily pay $10 / month and probably pay $20, especially if I was shopping to purchase. $40 is too high IMO. Wishing you the best and maybe your D&A show the opposite, but wanted to share my feedback regardless.

@Max63385 5 күн бұрын

I agree, I would have subscribed months ago for $10/month. Now I'll maybe buy a couple of months right before buying a home.

5 күн бұрын

You may not be the "ideal" customer for this service. However, if you're in the market to buy a house, investing a few hundred dollars to gain a comprehensive market overview can potentially save you tens of thousands, or even hundreds of thousands, of dollars.

@WhyteHorse2023 5 күн бұрын

I left the same feedback a while ago. I completely agree. He has a great product, it's a shame he's pricing out many customers.

@sirhenrystalwart8303 5 күн бұрын

He needs 4x as many customers at $10/month. That's 4x as much customer support (at least, since cheap customers are bad customers) and 4x as much server costs. Besides, if you can't spend $40/month for a few months you can't really spend 700k on a house. I.e., you're not the target market. I subscribed for a few months, bought a house and cancelled. I'd say it was worth it. I spent more on a home inspection and got less value.

@WELL-WELL-WELL69 5 күн бұрын

House prices need to be cut in half for it to begin to make sense to buy

@ProducersInk 5 күн бұрын

... And always remember to watch the Days On Market data! That's the #1 indicator of where it's heading.

@taratong9074 5 күн бұрын

I live in a North Dallas suburb that everybody was flocking to banging on peoples doors to purchase a house, and there are so many new listings. It’s ridiculous.

@TarmacSkin 5 күн бұрын

Amazing info! I downloaded the app and have saved thousands of dollars w the info provided. Love it! You are soo knowledgeable Nick… You are a national treasure!!

@billsmith2915 5 күн бұрын

Texas is not the utopia people think it is. It's 100 degrees hot 2-3 months a year. Highest state for ice storms and hail. Home owners pay all the state taxes here, expect to pay $700-$1000 a month extra for taxes. No longer a cheap place to raise a family. If you live in Dallas, anywhere north of 635/75, you need to have a household income in the 150K range just to survive, and that's just to survive.

@Unibot47 5 күн бұрын

I love how each entry the man keeps you on the hook by calling it "this city" 40x before saying what city it is 😆

@angusamongus7566 5 күн бұрын

This douchebag keep spilling the same garbage year after year! It’s comical at this point.

@CroisMoi 5 күн бұрын

🤣. He is funny. He gets very excited. 😁

@jimdandy8996 5 күн бұрын

Its lame as hell and transparent that he is trying to run up time. With that... #1 is North Port Sarasota everyone.

@mrodd1234 5 күн бұрын

Still need drop to 200k - 250k

@Legendary_UA 5 күн бұрын

Why? Because you're cheap?

@WhyteHorse2023 5 күн бұрын

Agreed. Just look at the price history and you can see how overpriced they are.

@TarmacSkin 5 күн бұрын

I ain’t buying until the houses go under $150k. We need a housing revolution!!

@Zelielz1 5 күн бұрын

@@Legendary_UA Because prices doubled in the last 5 years in some cities. Purely because of speculation, doesnt even match demand.

@Car_Fanatic 5 күн бұрын

Appreciate ur hard work and content❤much love❤

@MPK1881 5 күн бұрын

Austin homes will drop a lot. Builders are now realizing that mortgage buydown and incentives are not working. They have started cutting down the home prices a lot.

@TheRealEstateMix 4 күн бұрын

Wow some of these cities dropping prices are shocking!! Great video!

@rtdreep 5 күн бұрын

Helpful video as always, and your app is a great aid!

@dadali7216 5 күн бұрын

How is he helping? Nothing is crashing. He just picking out a few house and screen shot them to make a pointless point

@piomarcsuarezrn4656 5 күн бұрын

Home prices are going to crash !!!! - Nick the past 4 years 😂😂. Love u bro

@dadali7216 5 күн бұрын

He is crashing not the housing market

@koanstarr9393 5 күн бұрын

He is right. You are wrong.

@JackKen649 5 күн бұрын

The best investing tip is to detach your emotions from the investment. You don’t need a great mind to invest, but rather a great stomach, to deal with all the volatility

@JasminetheJewel 5 күн бұрын

The fluidity of the market makes the help of an expert indispensable. It is never enough to just watch KZfaq videos and decide to invest

@drinkkatie1395 5 күн бұрын

proper research, good analysis and luck is what you need to make profit in this constant market decline.

@justinnicasio1306 5 күн бұрын

it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do your research

@MelanieJuliette305 5 күн бұрын

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

@ZeeMatthias 5 күн бұрын

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

@twistedintegrity 5 күн бұрын

I’m upset bc Phoenix use to be cheap. I went to university there and now that I’m trying to move back and would live to buy a house, everything is so expensive

@WhyteHorse2023 5 күн бұрын

Rent. I'm not even going to start looking until September when housing has the least buyers.

@GoodToCU88 5 күн бұрын

Just wait until interest drop of price drop, or both

@timothygibney159 5 күн бұрын

@@GoodToCU88when rates drop every will dash in raise prices again. 30 million millennials and gents just had their student loans forgiven and want in.

@Tequila_Brad 5 күн бұрын

@@timothygibney159if everyone rushes to buy & sell when rates drop, that means the market will be more competitive and people can negotiate. Prices should come down more. And right now the fed is planning on dropping rates when it is not home selling season. Also, that will be the time of year people start selling to cover their debt. So people will get desperate and prices will drop

@ccarr1286 5 күн бұрын

@@timothygibney159spot on, it’s a double edged sword, if you wait for rates to drop you are waiting for massive competition.. over asking offers, waived appraisals and or all cash offers… it will be 2019-2022 again. Better off buying while rates are higher getting into the home and dealing with the rates after the fact

@InnanetSlatt 5 күн бұрын

I wish you analyzed why prices are going down in these cities more. Cape Coral(and most of southeast FL) got absolutely smashed by hurricane Ian and still hasn’t recovered. There are still 10s of thousands of open home insurance claims that the companies are fighting not to pay or simply out of business.

@cameronjenkins5304 5 күн бұрын

Denver has collapsed. Live from the ground, I have 4 vacant homes on my street.

@yaegermeister4307 4 күн бұрын

That's what happens when voting blue no matter who comes into town

@Del_987 3 күн бұрын

Give it two weeks and they’ll all be under contract.

@Miranda3730 3 күн бұрын

@@yaegermeister4307 oh? do voting red will keep prices going up? what a stupid alternative. Stop freaking being political and whiny.

@flynnjp19 49 минут бұрын

@@Del_987do you live there?

@JamesAllen-xk8bc 5 күн бұрын

I've bough and sold three houses. I will never dp it again. Buying a house these days is for two types of people; the rich, and the idiots.

@OKAl9333 3 күн бұрын

Track Hawaii Oahu West side was 1.2 million down to $600,000. Foreclosure rate is 2465 days to kick people out.

@stanislav8566 5 күн бұрын

Your daily dose of armageddon

@loumason6120 5 күн бұрын

You ain't seen nothing yet

@YoPhocFays 5 күн бұрын

Only for the past ~4 yrs 😂

@XxMcLovinUrMomX 5 күн бұрын

Yep. Wish he had this same energy for New Jersey

@nigeldixon2466 5 күн бұрын

LOL THIS GUY EVENTUALLY WILL BE RIGHT

@XxMcLovinUrMomX 5 күн бұрын

@@nigeldixon2466 ya for all the states no one wants to live in the first place.

@BWreSlippySlope 5 күн бұрын

Sun City is at the edge in Phoenix, mostly a older retirement community. The prices always the last to rise and first to fall. Construction in 2005 to 07 was fast and many problems. Location is still the issue other areas are still rising.

@stephanierovegno6821 5 күн бұрын

Here, here! I’m moving out of Orlando, Florida as it’s gotten too expensive, i.e. my rent doubled in 2022-2023. It was due to Disney moving from Burbank, California to Lake Nona, Florida the area where I lived. $1080-$1800 a month is ridiculous. The rents around Orlando went up 40-50% as a result. New homes and apartment buildings in and around Orlando metro does continue, but has slowed down to only half as much as is was in 2021. Disney cancelled last year causing the landlords to now do concessions not price reductions, which is positive however, the locals cannot qualify nor afford 3 times the rent of $1500-$1800 a month in rent. Too expensive, too much traffic, too crowded everywhere now, grocery prices have nearly doubled, has now caused me to look around out of state by the end of the year. It feels like an East coast California all over again for me.

@wwjccsd 5 күн бұрын

Friend from Florida tells me that Orlando also has many Venezuelans, Puerto Ricans, and other countries living 3+ families to a house. That’s how they can afford a house.

@hardcor1313 5 күн бұрын

Our country has a lot of problems in this housing market for buyers wanting to purchase the first home. So much to consider and nice to have information to help make the best decision.

@giovannidomenech4321 4 күн бұрын

Bro thanks for all you do

@jacquelineelder3545 5 күн бұрын

Thanks for the update Nick!!! Patiently waiting in rural Colorado for an opportunity to buy!

@GillerHeston Күн бұрын

In the USA, individuals are living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.

@eloign7147 Күн бұрын

It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.

@rogerwheelers4322 Күн бұрын

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

@joshbarney114 Күн бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@FabioOdelega876 Күн бұрын

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

@joshbarney114 Күн бұрын

Finding financial advisors like Marisa Breton Dollard 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.

@ZoomedOut2020 5 күн бұрын

I would enjoy a tutorial video for your app Nick…. You can be very proud of your efforts in putting it all together…nice work..⭐️⭐️⭐️⭐️⭐️

@luhoffma8836 5 күн бұрын

Great info thanks

@mg2537 5 күн бұрын

I live in san Antonio and they are building homes in every direction as fast as possible. Its going to be a collapse of epic proportions.

@Kharkovkid 5 күн бұрын

"Austin Highway dirt doesn't wash off.' - Mom 1971

@naturelover2292 5 күн бұрын

I agree! This is going to be brutal

@CaptainCaveman1170 5 күн бұрын

Yep, and rents appear to be declining a result. Tons of nice rental communities with 25, 35 vacancies. I would expect 4 or 5 people in transition at any given time.

@SignalCorps1 5 күн бұрын

I’m in New Braunfels and it’s beginning to crack too. Way too permitting during COVID

@SomeUserNameBlahBlah 5 күн бұрын

Zillow's "zestimate" should be outlawed, it's the reason for these insane prices.

@jeremyturner8682 5 күн бұрын

"some" of the reasons. Another reason is the appraisal waivers that were done by Fannie during the cough.

@joefunk76 5 күн бұрын

It’s not an estimate of anything at all. They raise the price to within +/- a few percent of whatever the seller lists it at. On a related note, they consistently understate the property taxes by about 40-50%.

@agentcrypto7741 5 күн бұрын

It’s complete BS. They themselves lost millions of dollars buying at their zestimate range.

@WasteDeep 5 күн бұрын

100%. Zillow and Redfin, with the help of the NAR, are price fixing the market. Absolutely criminal behavior. Just take a look at who owns them... BLACKROCK.

@JamesOutlandJr 5 күн бұрын

Never would be someone trying to get top dollar. We had a county representative want 30 percent plus of new development to have housing restrictions but sadly never got back to me if he would put the same restrictions on his properties in the name of affordable housing.

@Amorichelli 5 күн бұрын

Congrats for the CNBC interview today! Good job.

@ronie6773 5 күн бұрын

Love your insights, you are very knowledgeable

@user-mm6xi3er5u 5 күн бұрын

Listed house for $430k on 4/29. Lowered price to $399k, $375k then $360k. After 51 days on market accepted an offer for $340k. $90k below original list per recommendation of realtor. Thankfully this was a flip I ended up living on for 3+ years. Paid $85,000 and did complete interior remodel including finishing the basement. I am going to make good money at this price but had I listed last year I could have made more. Also, no rent for past 3 years. Win, win. Homes in this range in my area are sitting on market for 6 months or more. Not good.

@antonmeneyev7396 5 күн бұрын

Can I ask where?

@mackiej 5 күн бұрын

As you likely know, a 7% mortgage payment is almost 50% higher than a 3.5% mortgage payment. This is absolutely brutal for buyers, even ones with good incomes. In my example, the sales price price must go down 33% for the 7% payment to be the same as the 3.5% payment.

@JDproAV 4 күн бұрын

Just want to say good job. I got a wife and 4 kids and we just missed the low mortgage % train. We’re drowning in rent all these years.

@kellybeaver3890 5 күн бұрын

Awesome video. Signed up for your app, cool tool! However, Colorado is not the west coast lol

@laykhom3212 5 күн бұрын

Thank you Thank you Thank you for the video ❤

@danielsechrist4410 5 күн бұрын

Nice to hear Denver talked about, and some hope for buying.

@WhyteHorse2023 5 күн бұрын

Yeah Denver has been in a bubble ever since the 90s when everybody from CA came out.

@KayFabe87 5 күн бұрын

Not many surprises in this list given the fact that these are the metro areas that experienced some of the biggest price gains over the last several years, so it stands to reason that the prices would pull back a bit to their equilibrium level.

@pirate9154 5 күн бұрын

I'm in Sarasota.......seeing something strange I haven't seen in 3 years. Lots of For Sale signs going up!

@user-tp6bz6rz5e 4 күн бұрын

In the Tampa area I don’t think builders were previously listing their properties. Now there are a lot of listings from builders. That would account for a lot of the inventory increase as they have been building like crazy. Not sure how easy it will be to find out how much this accounts for, but I’ll see what I can find today and post a reply.

@juliorivas7428 5 күн бұрын

You did a balanced analysis in this presentation. Good job. Adding to these cities's distress is the overbought stock market -- primarily a tech mania, and once the stock market corrects downward (50% of states are in recession) due to recessionary conditions, then this will add further to the downward price pressure in housing where supply is greater than demand. Buyer manias never disappear throughout history, and we are in one now.

@lucimich0224 5 күн бұрын

I’m in Central Florida, Palm Bay, houses are sitting for months. I see them coming off market and listing as a rental and these are brand new homes. Developers are still building like crazy

@harijotkhalsa9496 5 күн бұрын

Why are developers doing this? It seems like they'll be stuck holding a lot of inventory and will eventually be forced to liquidate at a loss. Is there something they know that we don't?

@lucimich0224 5 күн бұрын

@@harijotkhalsa9496 great question

@r.dennison5042 5 күн бұрын

I see this a lot in saint Johns county. But sellers are refusing to stop the price anything meaningful (more than 10k). Then it just sits and sits OR it magically goes in pending

@harijotkhalsa9496 5 күн бұрын

Maybe they're banking on black rock eventually buying them all to rent to people...

@r.dennison5042 5 күн бұрын

@@harijotkhalsa9496 or opendoor! Those m 0 r 0ns are still buying everything 🙄

@sunnysmilessunshine4060 5 күн бұрын

Interesting info. Have you ever done a "talk to the people" about their views on HOA's? IMHO: people are FED UP w/costly HOA's & many of which are 'do little to nothing' for the PEOPLE. I read an article recently where people are moving OUT & AWAY from housing divisions w/HOA's; many of which are building their own communities w/like minded people. Sounds like a New Trend could be occurring.

@keithn4304 5 күн бұрын

HOA fees can be a deal breaker. One community in Queen Creek, AZ that we were considering has a monthly HOA fee of $197. As such, the homes themselves are worth a little less, and sit on the market longer. Sure, the community pool and kids park are amazing... but, no thanks... nearby communities HOA fees are around $80. They just don't have a pool, so you can't swim in your neighbors pee 😂

@WingPow 5 күн бұрын

My Family lives in North Port and they keep telling me I should move back down. (Im saving to buy and start a family of my own, while living with dirt cheap rent up north.) I keep telling them this info and they only reply "builders just keep building new houses and they sell them before they even finish them." 😂 One day the realization will hit them

@stevennguyen6143 5 күн бұрын

Hey bro. Thank you for the truth in the market. We need real time truth. The lies in the media and government is scary!

@HooliTV 5 күн бұрын

I can't wait for vegas to make the list

@s99614 5 күн бұрын

The rent is too damn high.

@c50grand2 5 күн бұрын

Nick? That was an excellent interview you had on CNBC on Monday.

@mrlarry999 5 күн бұрын

Great analysis. Your data is focused on supply. On the demand side of the equation, I think prices will need to drop further with interest rates as high as they are. Property taxes and insurance rates have also increased the cost of home ownership. 👍🏼👍🏼

@ralphlinville6646 5 күн бұрын

Can you cover Albuquerqie NM sometime? Thanks

@lomein30 5 күн бұрын

Who wants to live in Phoenix if you have any other choice.

@bigb6046 5 күн бұрын

I know , it is literally an oven there from May to October.

@ArizonaAirspace 5 күн бұрын

True. I am an Arizonan and I avoid Phoenix like a plague. Oven is an apt description of Phoenix and all of its surrounding suburbia. Fact is temperature soars to above 100 starting in end of May, all the way through October. It just seems like scorching Summer heat is going well into Fall season now. Temperatures used to start dropping in October but not anymore. Now November is still hot in Phoenix. Many Californians moved out of Phoenix after one Summer in Phoenix.

@andyg806 5 күн бұрын

Exactly. You really don't want to move here. Especially Californians, you definitely don't want to move here and if you do, you shouldn't. It's terrible....

@ArizonaAirspace 5 күн бұрын

@@andyg806 Lol. Exactly. We don’t want Arizona ruined like California.

@cloudyview 5 күн бұрын

Tell that to the millions that moved there over the past few years 😄

@adamdelarozza1985 Күн бұрын

Thank You for keeping us up to date on Real Estate. If i May ask; do you think the Vegas area median price will reach the median price of the Denver Colorado area? Because I DO. Thannks again, my friend.

@Dixiegirl327 3 күн бұрын

I live in Gainesville Ga the lady is selling the house we rent for 360k the house was built in 1965 on 1.58 acres and needless to say her well water comes from her next door neighbor and he said when I move out she is going to have to get her own means of water. The house is only worth maybe 150k. Would love to buy a home but it’s way too expensive.

@laqutis 5 күн бұрын

The Las Vegas market is still smoking hot. Nevada used to be the first and worst when the real estate market tanked. Not any more.

@mike-uw6wt 5 күн бұрын

It will make its way there. Not every market crashes at the same time.

@mapsbolt3663 5 күн бұрын

Honestly I'm not surprised. Sarasota is number one because Saint Petersburg/ Tampa area is basically the same place.😂

@ericmcabee5823 5 күн бұрын

Thank you!

@marvingarden4587 4 күн бұрын

Great news! Looking forward to a buying opportunity in next 6 months.

@PhilippeFernandez 5 күн бұрын

I’m so happy I sold my house in California for a ton of money. Purchased a home in Missouri and the value just keeps going up.😁

@annjames1837 5 күн бұрын

I'm sure the locals aren't happy with another l o c u s t

@fleetadmiralsidiqi1941 5 күн бұрын

@@annjames1837True. America is such a predatory culture and ultimately, we will pay for it by eating ourselves.

@slickvik4508 5 күн бұрын

@@annjames1837 the locals are quite happy to get some west coast culture

@SA-hz1rs 5 күн бұрын

@@annjames1837 nobody moves to missouri. They're probably happy someone actually did HAHAHAHA. They dont call it Misery for no reason LMAO

@terriholliday8038 5 күн бұрын

I love missouri

@whythis9288 5 күн бұрын

Surprised Charlotte NC not there yet😮

@troyporter2740 5 күн бұрын

Big fan love the content, any interest in doing more of a macro analysis/trends? By state/big metro regions/most interesting outliers?

@mohammadrafiamran2196 5 күн бұрын

Thank you very much for your hard work providing valuable information about Realstate, would you please make a video specifically about DC and northern Virginia region. We don’t have really solid information about the housing market, we just see the inventory is pilling up and some seller cut their listing price. Builders have a bunch of houses but they listing not all of it they just list one or two when you go to the new community you can see all houses is empty, seller list their house and remove it and then they relist it and jack up the price.

@WhyteHorse2023 5 күн бұрын

Builders are going to learn that people who play stupid games win stupid prizes.

@Kabab 5 күн бұрын

None of this stuff you keep reporting about is coming true. I live in LA and rent prices are still outrageous and still going up while home prices are also still outrageous and still ticking up little by little. Interest rates are also stagnant and somewhat increasing here and there still. Maybe this stuff is happening in cities nobody wants to live in but it definitely is not happening in cities people want to live in

@OtisFlint 5 күн бұрын

When did he say LA was dropping?

@Kabab 5 күн бұрын

@@OtisFlint nowhere is dropping the amounts being reported. Not even places nobody wants to live. Maybe 15% drop average where nobody wants to live. Definitely not a 40% average drop. I investigated across Zillow for recently sold things and compared them to see how full of it his videos are. Yes there are SOME big drips but not a lot. Do your own research, you'll see. Not even Miami where supposedly everyone that recently moved to is leaving.

@user-ou7uo8rl5d 5 күн бұрын

LA is the capital of smog and traffic..

@Kabab 5 күн бұрын

@@user-ou7uo8rl5d yeah it is. It's also the capital of homelessness, reDONKUlous policies that I don't believe anyone actually votes for, some of the most ridiculously expensive real estate in the country and so much other stuff that makes absolutely no sense. Sucks. Wish I could leave but my life is stuck here for now.

@WhyteHorse2023 5 күн бұрын

Housing shortage... 5 million illegal immigrants the past couple years...

@jayedwards8525 5 күн бұрын

Falling prices. Be careful, it's like trying to catch a falling knife.

@johnkoepke4807 4 күн бұрын

Huh?

@TylerShort 5 күн бұрын

I would just like to say Nick you are doing the Lord's work. Keep educating the masses.

@gokhancinar 5 күн бұрын

In Huntsville or Madison AL, you could buy a good house for $150K like four years ago. Now they are 300K. They created hundreds of unnecessary aparrment sites in the last 3 years. Calculate the bubble using this information. With all due respect, this guy shows cheap houses from Huntsville priced like 170K. You can't live in these neighbourhoods. School scores are like 3/10. I don't even mention crime rate. Of course they will apply gentrification in those areas but it will take like 10 years. Please do not overpay it. Nobody is forcing you to buy a house. You are not missing anything. This is your life's most expensive purchase. Be smart. Do not get ideas from KZfaqrs.

@Acc0rd79 5 күн бұрын

This is good news. Let them keep crashing down. I'm totally OK with this. Kissimmee/Orlando is far far over priced! There is no way our home is worth 650k, sorry. 400s maybe sure but not mid 600s. We wanted to sell and move but honestly it's not worth moving right now unless we absolutely had to.

@DiscipleofHim 5 күн бұрын

The temp will be 112 in five years.

@user-sg3pf6gw2s 5 күн бұрын

Nick is our nation’s messenger

@joepingue2120 5 күн бұрын

Interesting information. Thank you. Just listened to a couple of folks from Florida. Verified a wall of condo inventory. HOA and insurance increase costs are being passed on to the owners. And they’re on fixed incomes. Oops.

@donaldsmith8864 Күн бұрын

I live in Southern California....market is insane. my home is now worth almost a million dollars....I paid 197 thousand for it years ago. I don't care what the prices are. I bought my home to live in, not as an investment. let housing go to zero....I don't care, aint gonna change my situation.

@traviswes7082 5 күн бұрын

The home I purchased in 2023 has appreciated by $60,000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300,000 in the real estate market.

@instinctively_awesome8283 5 күн бұрын

Portfolio diversification is very advisable in the inveestment plane, well I think you need to get a CFP to assist you with the best decisions.. `

@emz2280 5 күн бұрын

NO MATTER WHAT THE PRICE NEGOTIATE IT DOWN MORE OTHERWISE DON'T BUY IT WILL DRIVE THE PRICES DOWN EVEN MORE.

@user-vg8ez9cu6u 5 күн бұрын

I like your style. If only buyers stuck together, we could've brought the prices down a long time ago!

@annab5090 4 күн бұрын

Maybe we can organize as buyers and stand our ground. If no one bought prices would fall very quickly.

@emz2280 4 күн бұрын

@@annab5090 Your right and it is a bad time to buy right now. Interest rates are high prices of homes are way out of wack.. If people waited interest rates will come down and prices will too if less people are buying and people can work together buying a home making low offers on homes

@user-vg8ez9cu6u 4 күн бұрын

The national average price of homes must drop at least another 150k before buyers should start writing any offers. Sellers have been very greedy and now they don't want to pay the buyers agent commission SO THE BUYER IS FORCED TO PAY THAT TOO. Time to level the playing field buyers!!!!!! Whatever you'll be paying for your agent, you should ask the seller to pay in concessions and price reductions. Remember, this same seller had their buyers agent commissions paid for by someone else when they bought the home, but they don't want to do the same for you!!!!!

@favor4afavor823 4 күн бұрын

The market is supply and demand. Emotional talk about "greed" or buyers "sticking together " is nonsense or hopium. If if makes sense to buy, then buy. If not, then keep watching these videos and hope conditions change.

@JamesOutlandJr 5 күн бұрын

Starting to see some flips have to make price cuts as they have started to default. Vendor sent out a report that about 8 percent of sold were recent flips or those cash buyers, however I expect that to slow down as we are starting to see more pressure with DOM on the rise.

@xtremecoast 5 күн бұрын

This is awesome! People need houses and affordable houses are great for this country. Welcome news.

@silversoulawakening9195 5 күн бұрын

FLORIDA up 1000% in new listings!

@willlywillly 5 күн бұрын

You are singing music to my ears!!! I am looking to buy a house in the Huntsville area! I am going to wait till next year end of summer till end of year 2025.

@Yui789esss 5 күн бұрын

Next year, will be saying the recession will be here in 2026 and 2027 😂

@WhyteHorse2023 5 күн бұрын

It might pop off this Fall. Keep your eyes peeled.

@jf8461 5 күн бұрын

Made my day! 👍🏼

@ronblauvelt7457 5 күн бұрын

First time homebuyer waiting and waiting as big money gobbles up the homes… if you get a 20% drop and don’t buy it will be your own fault. But money will buy up homes that have dropped 20%.