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The housing market just had another disappointing set of a data - but it's not a shocker.
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By Stock Chat

where the coffee is hot and so is the chat

29 thoughts on “Shocking housing numbers prove the housing crash is here.”
  1. Avataaar/Circle Created with python_avatars idliketosay says:

    Woooo a 16min sales pitch video. Yeeks. And I counter abt 10 commercials/ads. Ouch.

  2. Avataaar/Circle Created with python_avatars GingerBread Man says:

    I want to believe you but then I look at some of your stock picks during the bull market and I’m hesitant.

  3. Avataaar/Circle Created with python_avatars Darlene DeVegan says:

    Can't wait till the house prices come down. In Riverside county they have come down a little bit but house prices are still super high. Also rent keeps going up up.

  4. Avataaar/Circle Created with python_avatars Solid Nate Money says:

    Hell yes! Thanks for making. Been wanting it.

  5. Avataaar/Circle Created with python_avatars jtbui2010 says:

    No shiet Einstein. Stating the obvious in a recession.

  6. Avataaar/Circle Created with python_avatars Chad Hancock says:

    Great video. Be interesting if we hit 1m home inventory by end of year. If so, blood bath next year in real estate.

  7. Avataaar/Circle Created with python_avatars Sara Sara says:

    Is it a good time now to sell my rental single family home n buy a Fourplex in California?

  8. Avataaar/Circle Created with python_avatars Logan & Mason says:

    I bought my 1.5 story/ 2k8 sqft home at the end of 2019 at 4% interest. A year later 2020, I refinanced 15 years at 2.75%. What a steal 😄
    now I'm working on my 2nd home for rental

  9. Avataaar/Circle Created with python_avatars Eric Jovenitti says:

    You know your tone today has made me realize that there’s always going to be bad news listen to you for 2 1/2 years and you make more money when there’s bad news so there’s always going to be bad news

  10. Avataaar/Circle Created with python_avatars TopMostFlavor says:

    Any manager at a real estate brokerage will tell you (in a normal market) that you should price under market value to get competition and multiple offers. People currently throw around that "multiple offers!" Thing to cope and complain. Thank you, you know your stuff man

  11. Avataaar/Circle Created with python_avatars Daniel Poon says:

    I am just sad at this channel's misinformation that folks are gonna lose their life long dream. Why do I say that? A year ago $500k @ 3% 30yrs, repayment is $2100. Today, $500k @ 6% is $3000. So you watch this vid and hope mkt will keep crashing so u can buy low and the sad truth is for payment to be $2100 again, that home would have to drop to $354k. Folks, housing is not going to crash 30%. And in a few months, that interest rate will be 7%. He said it before, a 1% rise will mean you lose $100k of buying power. Or the mkt would have to crash another $100k. So the longer you wait, the more likely you will buy a smaller home that costs more because of borrowing costs. And remember, when that happens, higher interest rate isn't just higher payment, but it's also more of that payment goes towards paying the bank, and less to go towards principles (your pocket). If I am smart, I'd realize it's not how much home price drops, it's how much house you can buy. Price drop with rise interest rates is no good to me. Lower interest rate and higher home price is no good to me either. Interest rates and home price must not be looked at by itself. It has to be calculated together to understand how much house you can buy, and that's the real measure folks!!!! Buy now at 6% is $100k better than when you see 7% interest rate because you can't pull an extra $100k out of your back side. Take it from me, I have your back.

  12. Avataaar/Circle Created with python_avatars Houston Brice says:

    I like this Kevin. Just started watching him and dude is a breath of fresh air, very impressed.

  13. Avataaar/Circle Created with python_avatars Dennisrepetiton Miskowski says:

    I believe the value value will follow the the interest rate down they don't if we have to have to pay 30% sent more I think it's going to go down 30% That's per interest

  14. Avataaar/Circle Created with python_avatars syracuse dave says:

    I miss Real Estate Meet Kevin. I don't miss green hair Kevin or Governor Kevin.

  15. Avataaar/Circle Created with python_avatars Carlos says:

    In your real estate course, do you teach sub2 deals and creative financing ?

  16. Avataaar/Circle Created with python_avatars partylikeits$19.99 says:

    It's funny every housing story in the news always explicitly says "…but there's is absolutely no sign of a crash". I never see that in any other stories

  17. Avataaar/Circle Created with python_avatars C T says:

    Wow

  18. Avataaar/Circle Created with python_avatars BK says:

    I work for opendoor. Not looking good ehh? 🙃

  19. Avataaar/Circle Created with python_avatars Doug G says:

    I want a Beer

  20. Avataaar/Circle Created with python_avatars J. Wilkerson says:

    I see a minimum 15-20% reduction in pricing West/East/Texas, Phx, Boise, Salt Lake, Austin, will all be hit hardest…

  21. Avataaar/Circle Created with python_avatars Walter Sobchak says:

    Yo does this mean we should be going short on enphase??

  22. Avataaar/Circle Created with python_avatars JoeyB Fitness says:

    Making home improvements still adds Value to the home in any market condition.

  23. Avataaar/Circle Created with python_avatars DM1776 says:

    Ryan Reynolds?

  24. Avataaar/Circle Created with python_avatars Casey Jedynak says:

    The commerical solar industry will remain strong even if people spend less on their homes

  25. Avataaar/Circle Created with python_avatars The Blood of Jesus Christ says:

    I don’t get it. One day you guys are saying it’s not going to happen, the next you guys are saying it’s going to happen. What’s the real message here?

  26. Avataaar/Circle Created with python_avatars Jonathan Lopez says:

    Amazing content like always, im already in you’re discord man but i think if it wasn’t for you’re enthusiasm I wouldn’t be where i am now. I bought two properties during the real estate peak. House hacking one and renting the other that brings me a few extra bucks ( condo ) now im saving up to buy a few more hopefully early next year.

  27. Avataaar/Circle Created with python_avatars Mushbee says:

    Duh

  28. Avataaar/Circle Created with python_avatars kr0nz says:

    i’m not anticipating a massive crash like 2008 simply because lenders did a much better job underwriting and tightening their guidelines this time around. secondly, people that have mortgages now are set for 30 years at an extremely low and much more affordable interest rate.

    i don’t think flipping will work anymore because interest rates are too high at this point but i also don’t see a number of defaults that match 2008 either. We’ll probably have a soft landing somewhere in between.

  29. Avataaar/Circle Created with python_avatars Dre Hardin says:

    No Crash…. These houses were overpriced and are simply cooling off.

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