After 52 years in California and 5 in Alabama, I bought a house in my first year here with no issues. The experience was far better than buying property in California, which I found over-regulated and over-taxed. I wish I had moved sooner. My friend did the same but worked with an adviser, which helped him avoid the problems I faced. I regret not taking that step myself.
I've worked with a financial analyst since I started investing in stocks, which has greatly improved my returns. Just like in real estate, knowing when to buy or sell can be challenging. My adviser has helped grow my portfolio by over 90% in just over a year. I understand your regret about not having an adviser when buying property, as expert guidance can lead to better results.
Julianne Iwersen Niemann a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Investments, whether in stocks, real estate, or businesses, provide opportunities for money to multiply. Choosing the right investments and allowing them to grow over time is essential for financial success.
Given the large number of people who bought homes above asking price despite low interest rates, I believe that a housing market crash is imminent because these buyers are in a precarious position as housing prices fall and they have no equity; if they are unable to afford their homes, foreclosure is likely to occur, and even trying to sell would not result in any profits. This scenario is likely to affect a large number of people, especially given the expected spike in layoffs and the sharp ris
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
“Annette Christine Conte ” is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
The reason I found this channel is because I realized all the extreme clickbait videos didn't do me good. So then I started looking for uninteresting thumbnails. Wouldn't you know it, I've found a man that has enough respect towards those around him to give them a clear image of what's happening. Not only that but he is brutally honest about the harsh reality of it all. I couldn't be more thankful for your videos. Thank you for keeping me in the loop and preparing me to live through this day and age.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks
''Amy Lea Kohlert ’' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market
Housing crisis, health crisis, financial crisis, cost of living crisis, debt crisis, inflation crisis, Middle East crisis. How many crises can we endure? As I approach retirement with a solid financial cushion, I'm anxious about a potential banking crisis. Is private equity a good option to grow my money securely?
I believe the safest approach is to diversify your investments. By spreading your funds across different asset classes like bonds, real estate, and international stocks than putting all your money in one. If your financial understanding is lacking, see a financial consultant.
That's smart. I'm quite lucky exposed to personal finance at an early age, worked full time when I was 19, purchased first home at 28. Going forward, got laid off at 36 amid covid-outbreak, and immediately consulted an advisor to stay afloat. As of today, I'm only 15% short of my $1m goal after subsequent investments.
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, “Teresa L. Athas” turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing..
Not sure if that’s true. His channel is basically for commoners. He explains things like you’re a child and gives info that is pretty much common sense in my opinion.
@@MatthewSmith-uf6tr most people need his level of explanation. Also he has other videos where he discusses at higher levels. I don't mind his over view videos and his perspective on common questions
Brian is great. You'd enjoy white board finance as well. Very similar style of presentation, little more detailed in investing strategies. Brian keeps it very simple because he has millions of followers, so he speaks to a broader audience and doesn't want to lose them in the technicals of investing theories.
I don't know his name but I'd get MARKET CRASH videos from this guy with serial killer glasses. I clicked on this page out of curiosity and every single thumbnail had red text and some kind of doom is coming title.
I’m cynical at this point. Housing will become only affordable to the upper class and the lucky. Anything affordable will be bought by an investment firm and rented out for nothing less than $2500+ a month. There will be no regulation or laws implemented to help the average man. We’re too late.
Raegan didn't create the deficit the government churned up since 2001. Why the price in AZ hasn't changed is due to home building. Otherwise, it'd be Florida in price appreciation.
That "Reventure" guy is the worst. He's been doomsdaying since 2021. Always wrong. You've def been correct about the housing market 100 percent of the time
Brian, I have been with you on this topic since 2021 when everyone was telling me it was going to crash and that I should have waited... glad I did not.
San Antonio, TX. Home prices have been dropping in the last few months. $20k to $40k in some instances, home builders build too many cookie cutter houses, over priced homes in low income neighborhoods, salaries staying low and high interest rates.
Post elections is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 180k, Are there tips I could apply to help me grow my portfolio even more during this election season?
If you are in cross roads or need sincere advice on the best moves to take now its best you seek an independent advisor who knows about the financial markets. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one, after my retirement pension took a hit in April due to the crash.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
My CFA ’Gabriel Alberto William a renowned figure in his line of work. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Greetings from Alabama. As a beginner investor, it's important to have a mentor to guide you and also tailor strategies to your investment goals. Someone like JodyNorman
In fairness to the " crash bros", inventory is building up in Florida. My friend recently inherited a home in Orlando, decent area, hoa, on a hill. No floods. They have had it on the maket over 3 months, not even an offer.
I just don't see how Florida doesn't crash eventually. It is reclaimed swamp land that will be under water every year come Hurricane season as the oceans heat up. The home owners insurance will get so expensive people will be forced to move and then the Taxes will probably go up since it gets expensive for cities. Maybe Uncle Sucker (fed gov) will come in with more helicopter money, but as pointed out in other videos that printing parade will end badly.
Our home cost $184,500 in Miami in 2001. Currently valued at $700,000 by zillow, $687,000 by redfin, $694,00 by realtor. Outrageously over valued for a single family home 3BR, 2BR, Single Car Garage, 1/8th acre.
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
I don’t think RUclipsrs are saying the market “has crashed”. More like “crashing”. Well, in my area I get email list showing “Price Decreased” everyday, properties sitting on the market for weeks and months. And no, these aren’t undesired area. So while this doesn’t necessarily paint the crash picture for the entire US market, it’s showing some signs. We’ll see.
Everything in this economy nonsense. If your groceries up 50% , electricity 20% , gas 15%, insurance 20 % , your income went up only 5% how are going to be able to afford your mortgage payment anymore?
Illegals are propping up the market combined with multi family dwellings. All that going bye bye. I admit, screaming when and not knowing the date is annoying, but ignoring macro events is asking for trouble. No markets go up forever. Supply is going to outpace legal demand and it's only time before prices dunk like 50%-70% once the illegal part goes. China showed this.
This is the point that seems to missed here. Prices can’t keep going up because people can’t afford for them to keep going up. The pool of potential buyers keeps shrinking because they simply can’t afford it. The new car industry seems to be imploding with cars remaining on the lot for extended periods. The next few months will either reveal a miracle soft landing for the economy or a severe recession, stay tuned😂
Great insights! While the market feels shaky, I see opportunities in areas like AI and blockchain. With Bitcoin's recent surge and AI stocks like NVIDIA outperforming, I’m focusing on long-term growth sectors. That said, balancing risk is key-especially with interest rates still high. Looking forward to more updates like this!
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
I prefer to collect RDTE on Margin, and just keep some TBIL in case of a Margin Call. Great income and growth, with something flat on the side to sell in a pinch. It's a shame not everyone is passionate about finances like us. I find Robinhood best for Margin Rates and Margin Maintenance, Interactive Brokers is 2nd best. Other brokerages have benefits, M1 I love their Pies for juggling multiple assets, and Fidelity and Etrade allow DRIP Discounts for CEFS.
I used to work in construction. Houses in the USA from the mid- 20th century on are built very cheaply. They look nice on the surface and outside but when you rebuilt one you found all kinds of stuff wrong with it e.g. Mold, OSB for sub-flooring, faulty wiring, joists wrongly sized for the span, No hurricane ties and/or structural screws on rafters, etc.
Yeah the newer the cheaper and shittier. In 50 years the victorians will still be around but the modern day pasted dust and particle board shitboxes? Idk
My husband did punch list items for a builder just before closing. He would come home with unbelievable stories of how poorly things were not just built but designed. Things like not being able to get into a bathroom and shut the door without pressing yourself to the other side of the toilet. Or hard surface kitchen flooring stopping at the edge of the island and carpet where you would put the breakfast stools. Absolutely no forethought.
Yes. A home made of natural materials (wood, concrete, and metal) degrades over time. Natural materials need replacing. Cookie cutter starter homes were not built to be used as assets. They were built to solve a short term housing problem during the baby boom and the rise of the Midwest.
@@clearvaluetax9382 does the rise in inventory not change your outlook at all?? You still have the same outlook despite the explosive inventory growth?
@@MrrVladactually, I just bought like 9 months ago and I already refinanced with a grant of 20k and bought my rate down 2 points. There are ways. I just did it. 🤷♂️
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@lennoxmutterick6434 However, if you do not have access to a professional like Suzanne Gladys Xander, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
When businesses go bankrupted and corporations stop hiring and start more and more mass laid-offs, that will lead to mortgage delinquency go off the roof. Keep in mind this - current American homeowners are "house-rich and cash-poor", so at some point this will break.
Also there are several problem with Brian's advice. For one thing, the projected 2+ percent appreciation he mentions may not even cover inflation. And besides that there are other costs like property taxes and insurance that have to be paid. Those two alone can cost $10K per year and would eat up a 3 percent yearly appreciation. And that does not include other expenses such as maintenance costs, HOA fees, and closing costs. Other than that, using Zillow as a reference for current or future housing prices is simply self-serving. Their entire business model lives and dies with that market.
Orlando inventory is definitely rising like crazy. Houses are not selling and im getting notifications of people lowering their price every single day. There will be a 30% adjustment im sure of it.
Floridian here. I'm currently in the market to buy a home. My experience has been inventory is quite high, and sellers are slowly coming to the realization that they can't get covid prices in a post-covid Florida. I made an offer on a home a week ago - Originally the home was listed for $1,350,000. The seller lowered the home price to $1,250,000, then $1,150,000. I offered $900k. They countered at $999k. I declined. The buyer then lowered the home to $999k, and there it SITS. There are a LOT of people racing out of Florida - We just got hit by 2 hurricanes and 140 tornados. They are motivated to sell, and buyers are motivated to buy, but they can't afford it. I have ZERO competition out here. Real estate agents begging me to make an offer. I can't say a crash is about to happen, but a mass realization that interest rates are high, people are racing to get out, and no one is buying...Something has to give.
We looking to buy a second home in the Keys Marathon or Isle Maradi prices seem reasonable, we will pay cash but it’s the home owners insurance that’s crazy. We currently live in a beach town and understand the risk when living on the water
You are buying in a market price that has always been a difficult sale. Have sold property in Florida for 40 years. The most difficult listings were always $750k to a mil. The median is now around $450k. That’s where the competition is.
@@williewill1237 whatever. Your comment trumps my 40 years of sales experience. 🙄. Bottom buyers need a house. The million plus club has enough cash money to buy a couple of houses. The 750 to a million are trying to figure out how to step up their game. That price range always sat on the market the longest.
To be realistic. Home prices and mortgage rates depend more on corporate earnings and employment rates. If you think corporate earnings will continue to increase and unemployment doesn't increase no housing correction. If unemployment significantly increases there will be a housing correction. House delinquency is a lagging indicator. Keep your eyes on credit delinquency and corporate earnings.
There is another view to this. Most homes are not purchased to live in, but as an investment. As long as these homes have absorbable rent and keep renting out, the home prices will hold or shoot higher. But that cannot be forever. The salaries of the renting class, and job's openings are not elastic and move slow. The stimulus program has ended. The bubble will prolong if economy grows, but not in the reverse scenario. Will the prices go down to 1990? No. The dollar is devalued. But they will go down 15-40%.
Best real-estate forecast video on you tube. I have friends who have been waiting for the right time to buy a home and 10 years later still paying rent.
Brian, need to call out Reventure Consulting- that dude is not only spreading nonsense on his channel, but using every opportunity to go on other media and spread it!
I despise that guy! My friend sold their house (husband convinced her because RUclips) back in 2020. They've been living in an apartment ever since, and they have 3 kids.
The truth is nobody can actually predict the future. Anything can happen. Once a housing market starts making dips it usually keeps going in that direction for a long while.
We are in West Fort Lauderdale Broward County, Florida. in an excellent area. We are in Plantation ,Florida, Broward County. Prices are not falling and there is low inventory. We paid $280,000 in 1998. Now our home is worth $900,000.00. We could not buy our house right now if we had to. We are holding on to our house and giving it to our Children. We almost lost everything in the WFC. Thank God we held on.
Housing crash coming in 2024! And if not then 2025. .. or maybe 2026... but definitely 2027... although it could be pushed to 2028... 2029 at the latest... but maybe by 2030
Clearwater realtor here. Home prices that have slashed were over priced to begin with. Homes in Clearwater, Dunedin, Safety Harbor are all unaffordable for most. There are some good deals to be had but they will need rennovations.
Simple supply v demand. If houses are too high, people will stop buying. If people stop buying prices will level off or go down until people buy again. Thats not a crash. Thats a correction which is more likely. All indications are pointing to a slower increase and leveling off of the market. Inflation is a real reason for high prices. Income growth is always last but eventuality it will cathch up to the market.
Its honestly sad that my wife and I would have to pay double our rent to buy the same house... its always been a dream of ours but things are absurd today
You’re still covering their historically low costs … anything after COVID inflation is simply not worth the pricetag to buy. If one was lucky enough to buy in 2019 hold it and rent it out. It will always produce at least a 1:1, and you’ll have the equity. Rents will go up too though as insurance and prop taxes rise locally. I’m raising rents in January because of those two very reasons.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
Born and raised in FL. Moved to NC from 2019-2023, homes are still extremely unaffordable thanks to the influx of people coming here from more expensive states 😢
And the reason they're coming in is because there's been so much influx of people coming into the country into sanctuary cities which have driven up prices in those sanctuary cities and then people living in the sanctuary cities DEI move to cheaper red areas and buy up those homes and drive up the prices
Destin FL here, some homes have come down slightly (down 5k-10k) very few down 20k, and some new home sellers are willing to buy down your rate, but they are still expensive. You need about 80-120k for a down payment to avoid PMI on a conventional loan.
My wife was convinced we were making a bad decision to buy in 2018 because she thought we were paying too much. Thank God we did it anyway and now have $165,000 in equity and a 3 percent mortgage.
According to Zillow? 😂 try to put in on the market and you will see real price. The friend of mine put his new house bought in 2022 for 10% less and after three month wasn’t able to sell
Making touch with financial advisors like Elizabeth Regina Nelson who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times
Elizabeth Regina Nelson has really set the standard for others to follow, we love her here in the Uk 🇬🇧 as she has been really helpful and changed lots of life's.
No doubt Elizabeth Regina Trading services is very good, I invested $5,000 and cashed out $14,700 after 3 weeks. I still wonder how they get their analysis
NO Florida is NOT a buyers market AT ALL!! I’m so upset because I was hoping to finally buy until I learned a ‘decent’ home that has no frills is over $400k😮 At this rate, I need to be a millionaire in order to buy😢 (East Coast)
Brian always keeping it real! Been following you and subscribed since 2020 and your the best channel for honest info. My wife and I bought our house in 2008, we were underwater for about 3-4 years but it bounced back, took advantage of the low interest rates along the way and during the pandemic, we have even borrowed from the equity and invested that into updating the home. After the work we did our home is worth more than double what we owe on it. Brian is 100% correct, in the long run housing always goes up, we may have a crash or dips along the way over time but if you hold the property for the long term it will increase in value especially if you take care of it and update it over time. We live in the coastal area of the northeast which almost always holds it's value (barring the crash of 2008) so it also depends on where you live as to what housing does during different economic times. The challenge right now is that housing costs are outpacing peoples pay so for first time homebuyers it's expensive.
I am in Jacksonville, too. There are lot of inventory for new homes that are competing with older homes. Prices are going down though not significantly.For new, they will help with closing costs and they will knock off a little chunk of the price. Frankly, the time to buy is when you can afford it. The cost of supplies and building is where it is at. It is expensive.
Glory!!! After so much struggles I now own a new house with an influx of $360,500.00 every month God has kept to his words,my family is happy again everything is finally falling into place. God bless America 🇺🇸
Hallelujah!!!! Your channel has been a huge part of my transformation, God is good 🙌🏻🙌🏻.I was owning a loan of $37,800 to the bank for my son's brain surgery (Oscar), Now I'm no longer in debt after I invested $8,000 and got my payout of $340,500 every months.God bless Mildred Evelyn Rooney 🇺🇲
Our God indeed is a covenant keeping God. Has he said a thing and not perform it? I watch how things unfold in my life, from penury to $355,500 every month and I can only praise him and trust him more. Hallelujah🙌🏻❤️🇺🇸
We are feeling it in Florida it’s more of the issue of houses aren’t selling the market has been at a standstill for months it is a buyers market in south Florida ! Homes are very affordable I have one of my own properties that’s listed for an absolute steal with no luck . My realtor who’s been doing this for 30 plus years old school is at a standstill . IT IS HAPPENING
If there’s a recession, we have a federal reserve with room to stimulate and a government open to deregulate. Less severe recession. If there’s not a recession, we get big inflation again and interest rates stay high. Home prices surge and mortgages get even more expensive. Seems like the downside to buying now is not at bad as waiting. Do 20%, have your mortgage under 35% of net income, and be prepared to hold for at least 10 years, and you’ll be happy you bought now.
There's never going to be a crash because they are manipulating the supply and demand. As soon as prices start to drop, they will take inventory off the market
Your conspiracy theory is totally off base. ‘They’ don’t take inventory off the market. People need to sell so they sell. America was 5 million builds short in 2019. Such silliness.
I suspect you are both right and wrong at the same time. Prices cannot stay this high relative to income. But it can stay high for an extended period of time. And prices can decay slowly. If you adjust for inflation Prices are down. And they will keep going down. But it will drop in value by roughly 2 to 5 percent per year as inflation continue to devalue the dollar at 5 to 10% a year. In short I expect the prices to stay right where they have been and for inflation to continue to rise and as such correct the prices over the next 10 to 20 years.
Things in Florida have only gotten worse.. I was born and raised in Florida; houses are out of reach for many Floridians, especially for us Millennials. Many snowbirds and people from outside states come here with their northern money and inflate EVERYTHING.
LOVE IT: I have been saying this since 2021 HOUSING CRASH videos just took off and then when I provide the TRUTH they call me an IDIOT. Love to see you and Jaspreet: 2 guys I respect Have the same conclusions as you have Keep it the GREAT work I am also in Chicago and would LOVE to connect
One thing for sure, appraised values for homes will not decrease regardless of the local market prices. Taxing authorities will continue to raise the appraisals! Inflation is not going away so house prices will continue to rise.
Cookie cutter homes with lead pipes, crumbling and cracked concrete, and decaying wood studs has an appreciation value of 40x over 40 years? That makes sense.
Of course they won’t crash….the dollar has been inflated to the point of being Monopoly money…..asset prices will only continue to rise as our currency continues to weaken
The dollar is strong comparatively to most of the world and is the 10th strongest currency. Behind mainly strong oil based Middle East countries, the Swiss Franc, British pound and Euro. If you want to talk Monopoly money. Look at argentinas currency devaluation in the last12 years
facts, Miami specially is insane with the prices but nobody talks how buildings and single family homes are sitting empty by the thousands cuz nobody can afford them
You must be a realtor. I heard the same BS in 2007 from realtors. Yes the market has not crashed and yes housing markets are regional but the canary in the coal mine is Florida, Texas, and a few other states but the market is on a slow slide downward especially in the aforementioned states. The housing market is in a massive bubble just like the stock market and yes RUclipsrs have been predicting a housing crash for a while. The factors that are going to take this market down are affordability, tapped out consumers, higher interest rates, massive insurance costs and in general inflationary home costs. investors are selling out cause they can’t make a profit, inventory is spiking, and prices are coming down. The only things that have kept these markets alive are the lying media and government propping up the corrupt Biden administration. The come to Jesus moment isn’t far away. Now that Donald Trump has been elected the lying media will start telling the truth about the state of the economy. Even if trump is able to fix the housing market and the economy it will take many months or years to do so!
For every $40K in value appreciation, a segment of potential customers is removed. One reason for this is that wages do not increase at the same rate as houses. Of course investors do not have any problem with buying houses (and thus driving up house prices), but they also will not keep buying unless they see a source of future profits in doing so.
After 52 years in California and 5 in Alabama, I bought a house in my first year here with no issues. The experience was far better than buying property in California, which I found over-regulated and over-taxed. I wish I had moved sooner. My friend did the same but worked with an adviser, which helped him avoid the problems I faced. I regret not taking that step myself.
I've worked with a financial analyst since I started investing in stocks, which has greatly improved my returns. Just like in real estate, knowing when to buy or sell can be challenging. My adviser has helped grow my portfolio by over 90% in just over a year. I understand your regret about not having an adviser when buying property, as expert guidance can lead to better results.
Sounds interesting! Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Julianne Iwersen Niemann a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Investments, whether in stocks, real estate, or businesses, provide opportunities for money to multiply. Choosing the right investments and allowing them to grow over time is essential for financial success.
Given the large number of people who bought homes above asking price despite low interest rates, I believe that a housing market crash is imminent because these buyers are in a precarious position as housing prices fall and they have no equity; if they are unable to afford their homes, foreclosure is likely to occur, and even trying to sell would not result in any profits. This scenario is likely to affect a large number of people, especially given the expected spike in layoffs and the sharp ris
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Do you mind sharing info on the adviser who assisted you?
“Annette Christine Conte ” is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.
The reason I found this channel is because I realized all the extreme clickbait videos didn't do me good. So then I started looking for uninteresting thumbnails. Wouldn't you know it, I've found a man that has enough respect towards those around him to give them a clear image of what's happening. Not only that but he is brutally honest about the harsh reality of it all. I couldn't be more thankful for your videos. Thank you for keeping me in the loop and preparing me to live through this day and age.
Frfr
Thank you. I just got done scrolling down hundreds of clickbait market titles getting so sick and tired of it.
Very true. I couldnt agree more. i remember watching him during covid when he has not even close to 1 million subs. Really good info and it shows!
Economic ninja,meet kevin, omg😅😅😅
Avoid videos with flames and down red arrows in the thumbnail.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
talking about coaching, do u consider anyone worthy for recommendations? I have about 80k to taste the waters now that large cap stocks are at a discount... thanks
''Amy Lea Kohlert ’' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Housing crisis, health crisis, financial crisis, cost of living crisis, debt crisis, inflation crisis, Middle East crisis. How many crises can we endure? As I approach retirement with a solid financial cushion, I'm anxious about a potential banking crisis. Is private equity a good option to grow my money securely?
I believe the safest approach is to diversify your investments. By spreading your funds across different asset classes like bonds, real estate, and international stocks than putting all your money in one. If your financial understanding is lacking, see a financial consultant.
That's smart. I'm quite lucky exposed to personal finance at an early age, worked full time when I was 19, purchased first home at 28. Going forward, got laid off at 36 amid covid-outbreak, and immediately consulted an advisor to stay afloat. As of today, I'm only 15% short of my $1m goal after subsequent investments.
excellent! how did it work out for you? been on red more than 20% this year , but hoping to bounce back
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, “Teresa L. Athas” turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing..
I bought a house in the middle of nowhere, idfc anymore. I’m not waiting on a crash.
Modern problems require modern solutions.
Yea economy is so unpredictable
I feel you on this!! Gotta keep living 💪🏾🙏🏾
Same, we love it!
I think you made the right call. Population is increasing and not enough housing is being built.
This is the ONLY financial channel on RUclips worth listening to.A dude in a tie and a long sleeve shirt.
No background, just FACTS!
Not sure if that’s true. His channel is basically for commoners. He explains things like you’re a child and gives info that is pretty much common sense in my opinion.
The dude is an idiot...
Share with everyone
@@MatthewSmith-uf6tr most people need his level of explanation. Also he has other videos where he discusses at higher levels. I don't mind his over view videos and his perspective on common questions
Brian is great. You'd enjoy white board finance as well. Very similar style of presentation, little more detailed in investing strategies. Brian keeps it very simple because he has millions of followers, so he speaks to a broader audience and doesn't want to lose them in the technicals of investing theories.
Tampa here. Homes are indeed NOT affordable lol
Clause Schwab says that in the future we will own nothing, and be happy about it.
Thank you for that FLORIDA update Britt!
Affordable to you is 150k and unreasonable
@ maybe ask next time before assuming, because you're incorrect
@@CaptainChaooooosYep
Dude is a natural teacher, he explains everything so well.
Brian, thank you for everything you do. Easily the best finance channel on RUclips!
The ppl making non stop “crash” videos for years now are driving me cray. Keep calling them out Brian. I’m in FL nothing crashed.
Like Michael Bordenaro? That guy's a joke. No idea why people watch channels like his.
Thank you for this Florida update Mike!
I don't know his name but I'd get MARKET CRASH videos from this guy with serial killer glasses. I clicked on this page out of curiosity and every single thumbnail had red text and some kind of doom is coming title.
If anything prices crash upwards due to money printing. The FED will never let deflation happen.
Nick and Sachs real estate have terrible track records
Whenever Brian takes that deep breath in....I listen.
Same 😅
lol
😆
I’m cynical at this point. Housing will become only affordable to the upper class and the lucky. Anything affordable will be bought by an investment firm and rented out for nothing less than $2500+ a month. There will be no regulation or laws implemented to help the average man. We’re too late.
You can thank Reagan
Missed the boat to care when the party didn’t back Bernie Sanders. Trump never would have happened if Bernie was the nominee.
Raegan didn't create the deficit the government churned up since 2001. Why the price in AZ hasn't changed is due to home building. Otherwise, it'd be Florida in price appreciation.
Ding dong
@@andresmattos7541 How do you begin to blame Reagan?
Investing in stocks is planting a tree for your future; with patience, it will bear fruit."
Absolutely Just like a tree, investments need time and care to reach their full potential.
Working with a financial adviser helped me develop a tailored investment strategy, leading to significant growth in my portfolio.
I'd love to be introduced to a trustworthy adviser who can help me develop a personalized investment strategy.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
That "Reventure" guy is the worst. He's been doomsdaying since 2021. Always wrong. You've def been correct about the housing market 100 percent of the time
For sure, that Reventure dude is full of himself.
That Reventure guy has a big following as well. He’s on cnbc as well. This channel is way better.
@@wzeng02 brian didn’t mention sky rocketing inventory not even once in his “analysis” of Florida but it’s somehow better. Okay
Brian, I have been with you on this topic since 2021 when everyone was telling me it was going to crash and that I should have waited... glad I did not.
I'm glad you didn't wait either. Slowly and surely building equity and protecting yourself from inflation is a wise financial move.
Im in the process of buying now. It’s so discouraging out there!
I am glad I invested in this channel because other peoples short term thinking click bait is annoying. Brian keeps it real and down to earth.
San Antonio, TX. Home prices have been dropping in the last few months. $20k to $40k in some instances, home builders build too many cookie cutter houses, over priced homes in low income neighborhoods, salaries staying low and high interest rates.
Houston is the same
Because tech folks are moving back to California
The over priced houses are dropping 200k in my neighborhood. Of course they are still overpriced but it’s dropping.
I’m in LA
Home prices are dropping everywhere but yes they are still overpriced . I see small reduction everywhere like 2-5% it will slowly start to 10%
took the words out of my mouth
Post elections is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 180k, Are there tips I could apply to help me grow my portfolio even more during this election season?
If you are in cross roads or need sincere advice on the best moves to take now its best you seek an independent advisor who knows about the financial markets. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one, after my retirement pension took a hit in April due to the crash.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
My CFA ’Gabriel Alberto William a renowned figure in his line of work. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for putting this out, it has rekindled the fire to my goal
I'm really eager to start investing, but honestly, I’m not sure where to begin. Do you have any advice or know someone who can guide me?
It is wise to seek expert guidance before venturing into trading to avoid losses
Greetings from Alabama. As a beginner investor, it's important to have a mentor to guide you and also tailor strategies to your investment goals. Someone like JodyNorman
She trades for me too. My spouse doubted me at first but after i received profit, we both invested again and again till date
A CNBC news host spoke highly of this woman and her loss preventing strategies.
Exprt Jody is extremely knowledgeable about the market and has made a lot of profitable trades️. I highly recommend her
In fairness to the " crash bros", inventory is building up in Florida. My friend recently inherited a home in Orlando, decent area, hoa, on a hill. No floods. They have had it on the maket over 3 months, not even an offer.
The market is molasses in Florida right now. Most people won’t want to take a loss so you won’t really see a hard crash like 2008.
I just don't see how Florida doesn't crash eventually. It is reclaimed swamp land that will be under water every year come Hurricane season as the oceans heat up. The home owners insurance will get so expensive people will be forced to move and then the Taxes will probably go up since it gets expensive for cities. Maybe Uncle Sucker (fed gov) will come in with more helicopter money, but as pointed out in other videos that printing parade will end badly.
I live in Miami, i make +100K a year. I cant afford a home.
Similar boat in AZ. Stay hopeful but keep saving and preparing when the math works for you. Best of luck!
Boo hoo
@@mrmc2465classy.
@@mrmc2465boo hoo dez nuts
100k ain’t nothin no mo partna
Our home cost $184,500 in Miami in 2001. Currently valued at $700,000 by zillow, $687,000 by redfin, $694,00 by realtor. Outrageously over valued for a single family home 3BR, 2BR, Single Car Garage, 1/8th acre.
184.5k in 2024 dollars would be $335k
so 335k in 20 years is now 690k,
about 5% gain per year, nothing unusual.
Far from over valued
Sell that joint and move gar from miami
@@theboringchannel2027valued correctly, absolutely mental if you are a new home buyer.
It’s not undervalued! SFL is a beautiful place to live with a great quality of life. Says a former NYer!
agreed
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I listened to you last year and stopped waiting for the crash and now I sleep much better in my home that I own.
Typical Brian, brutal honesty, which is why I subscribed to this channel
St Petersburg FL 3 to 4 years ago my friend's house was $350,000; 1 year later the house was worth over $500,000.
Yeah but how much could he actually sell it for today?
The value of the house didn’t go up, the value of our money went down.
@@Trailblazin66 real estate is a hedge against inflation
@@charleshunt3199owning a home should not be a “hedge”
The state wins with property tax, unless you’re flipping houses
"Time in the market is better than trying to time the market" Even if you buy at the "peak" in a long enough time horizon you'll be ok.
Love this. It’s just patience
I don’t think RUclipsrs are saying the market “has crashed”. More like “crashing”. Well, in my area I get email list showing “Price Decreased” everyday, properties sitting on the market for weeks and months. And no, these aren’t undesired area. So while this doesn’t necessarily paint the crash picture for the entire US market, it’s showing some signs. We’ll see.
Where do you live?
@ metro area in Texas.
There needs to be a stop to large corporations buying up family homes.
Only channel on this platform I trust regarding the housing market.
Everything in this economy nonsense. If your groceries up 50% , electricity 20% , gas 15%, insurance 20 % , your income went up only 5% how are going to be able to afford your mortgage payment anymore?
If your income has only gone up 5% in the last 4 years, you need to have switched jobs 2 years ago.
Bootstraps, trickle down, grit, etc.
Illegals are propping up the market combined with multi family dwellings. All that going bye bye. I admit, screaming when and not knowing the date is annoying, but ignoring macro events is asking for trouble. No markets go up forever. Supply is going to outpace legal demand and it's only time before prices dunk like 50%-70% once the illegal part goes. China showed this.
Groceries haven't gone up 50%. I'm 42 years old and they've gone up maybe 15% since 2000.
This is the point that seems to missed here. Prices can’t keep going up because people can’t afford for them to keep going up. The pool of potential buyers keeps shrinking because they simply can’t afford it. The new car industry seems to be imploding with cars remaining on the lot for extended periods. The next few months will either reveal a miracle soft landing for the economy or a severe recession, stay tuned😂
I'm in Miami-Dade, it's not affordable here, a house that's around 400k anywhere else in Florida in my area it's about 700k.
Yeah I correct home start 700k min.
Miami homeownership is for old investors, wealthy people, and their children. Prices do not line up with real wages.
Move to Hialeah bro. 😎
Great insights! While the market feels shaky, I see opportunities in areas like AI and blockchain. With Bitcoin's recent surge and AI stocks like NVIDIA outperforming, I’m focusing on long-term growth sectors. That said, balancing risk is key-especially with interest rates still high. Looking forward to more updates like this!
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
I prefer to collect RDTE on Margin, and just keep some TBIL in case of a Margin Call. Great income and growth, with something flat on the side to sell in a pinch. It's a shame not everyone is passionate about finances like us. I find Robinhood best for Margin Rates and Margin Maintenance, Interactive Brokers is 2nd best. Other brokerages have benefits, M1 I love their Pies for juggling multiple assets, and Fidelity and Etrade allow DRIP Discounts for CEFS.
@@gurb6901I'm an RDTE fan.
Scamming jews
I literally only watch your videos for this kind of information. Love how you skip the bs and get straight to the point.
I used to work in construction. Houses in the USA from the mid- 20th century on are built very cheaply. They look nice on the surface and outside but when you rebuilt one you found all kinds of stuff wrong with it e.g. Mold, OSB for sub-flooring, faulty wiring, joists wrongly sized for the span, No hurricane ties and/or structural screws on rafters, etc.
Is plywood any better for subflooring??
Yeah the newer the cheaper and shittier. In 50 years the victorians will still be around but the modern day pasted dust and particle board shitboxes? Idk
My husband did punch list items for a builder just before closing. He would come home with unbelievable stories of how poorly things were not just built but designed. Things like not being able to get into a bathroom and shut the door without pressing yourself to the other side of the toilet. Or hard surface kitchen flooring stopping at the edge of the island and carpet where you would put the breakfast stools. Absolutely no forethought.
Same token, the old stone-built homes are expensive to maintain and modernize. Still, I will take stone and brick over stick-built.
Yes. A home made of natural materials (wood, concrete, and metal) degrades over time. Natural materials need replacing. Cookie cutter starter homes were not built to be used as assets. They were built to solve a short term housing problem during the baby boom and the rise of the Midwest.
Arizona resident here, I'll never be able to afford a home. It's absolutely crazy.
Arizona was very cheap when the crash videos started popping up.
Im sure there are homes in the state that are affortable. You have to look far away(3+ hours) from the popular city centers though.
Imagine California Bay Area where house cost 1.5m to 3m 😢
Haha. Leave Arizona if want to live in a home, otherwise be happy living in a project housing.
@@PHenry-wn3liProjects? This ain’t Queens New York fool
I want housing market crashed, but you are so honest and most intelligent person on RUclips
Mom bought house at 205k in 2021, the year after it was 315, next year 405, now sitting another year at around 470ish today. Ridiculous gains
Ain't a gain until she sells.
Hell no Florida is unaffordable! 😬
Thank you for this confirmation.
I confirm @@clearvaluetax9382
Have you tried Northwest Florida? Navarre, Pensacola area? Stuff is still 300K-400K.
@@clearvaluetax9382 does the rise in inventory not change your outlook at all?? You still have the same outlook despite the explosive inventory growth?
@@pureamateur649yes but no good jobs!
Crazy how with 7% rates prices have stayed relatively the same or even gone up. Imagine how much prices would be if the rates were 3-4%
This is why my friends tell me to buy something now
This. This right here.
yes, if you can handle higher payment for 2-3 years, buy now.
@@MrrVladactually, I just bought like 9 months ago and I already refinanced with a grant of 20k and bought my rate down 2 points. There are ways. I just did it. 🤷♂️
@@MrrVlad Exactly!
Inflation will keep everything higher and the money printing won't stop especially when a hedge fund manager becomes the US treasury secretary.
You mean when we got a corrupt central bank executive as an SEC chairman?
I’m glad I found this channel. Absolutely not a waste of time.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@lennoxmutterick6434 However, if you do not have access to a professional like Suzanne Gladys Xander, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@@caseycantrell-gh6fg Oh please I’d love that. Thanks!.
@@lennoxmutterick6434 Suzanne Gladys Xander is her name .
Lookup with her name on the webpage.
This dude is the BEST finance creator in the internet.. No fluff No BS.
When businesses go bankrupted and corporations stop hiring and start more and more mass laid-offs, that will lead to mortgage delinquency go off the roof. Keep in mind this - current American homeowners are "house-rich and cash-poor", so at some point this will break.
No shit. You just described a recession
It'll happen with Kamala Harris or Gavin Newsom as president next term
@@suyog322632trump won…
They been saying that for years
Also there are several problem with Brian's advice. For one thing, the projected 2+ percent appreciation he mentions may not even cover inflation. And besides that there are other costs like property taxes and insurance that have to be paid. Those two alone can cost $10K per year and would eat up a 3 percent yearly appreciation. And that does not include other expenses such as maintenance costs, HOA fees, and closing costs.
Other than that, using Zillow as a reference for current or future housing prices is simply self-serving. Their entire business model lives and dies with that market.
I watch this guy for the truth..............period!
He tells it like it is. And he’s the most accurate because of it
Orlando inventory is definitely rising like crazy. Houses are not selling and im getting notifications of people lowering their price every single day. There will be a 30% adjustment im sure of it.
God bless this channel. It's just facts. No clickbait, no lies, no hysteria, no political bias. I love it here.
Floridian here. I'm currently in the market to buy a home. My experience has been inventory is quite high, and sellers are slowly coming to the realization that they can't get covid prices in a post-covid Florida. I made an offer on a home a week ago - Originally the home was listed for $1,350,000. The seller lowered the home price to $1,250,000, then $1,150,000. I offered $900k. They countered at $999k. I declined. The buyer then lowered the home to $999k, and there it SITS. There are a LOT of people racing out of Florida - We just got hit by 2 hurricanes and 140 tornados. They are motivated to sell, and buyers are motivated to buy, but they can't afford it. I have ZERO competition out here. Real estate agents begging me to make an offer. I can't say a crash is about to happen, but a mass realization that interest rates are high, people are racing to get out, and no one is buying...Something has to give.
and blackrock buys it up?
We looking to buy a second home in the Keys Marathon or Isle Maradi prices seem reasonable, we will pay cash but it’s the home owners insurance that’s crazy. We currently live in a beach town and understand the risk when living on the water
You are buying in a market price that has always been a difficult sale. Have sold property in Florida for 40 years. The most difficult listings were always $750k to a mil. The median is now around $450k. That’s where the competition is.
Realtor 🤖!
@@williewill1237 whatever. Your comment trumps my 40 years of sales experience. 🙄. Bottom buyers need a house. The million plus club has enough cash money to buy a couple of houses. The 750 to a million are trying to figure out how to step up their game. That price range always sat on the market the longest.
To be realistic. Home prices and mortgage rates depend more on corporate earnings and employment rates. If you think corporate earnings will continue to increase and unemployment doesn't increase no housing correction. If unemployment significantly increases there will be a housing correction. House delinquency is a lagging indicator. Keep your eyes on credit delinquency and corporate earnings.
Hud government sight says 6 million homes are 90 days delinquent and unapleyment is going up .
I’m in Florida it’s not affordable. Home prices and cost of living are significantly higher than ever before.
Thank the GOP of Florida …
@@SLHJR0390 lmao, do you share any of that blame with the Democrats?
No?
Thought so.
@@chuckchan4127 are they running Florida ? Have the democrats run Florida in 15 years ?
and the pay still sucks!!!!!!
There is another view to this. Most homes are not purchased to live in, but as an investment. As long as these homes have absorbable rent and keep renting out, the home prices will hold or shoot higher. But that cannot be forever. The salaries of the renting class, and job's openings are not elastic and move slow. The stimulus program has ended. The bubble will prolong if economy grows, but not in the reverse scenario. Will the prices go down to 1990? No. The dollar is devalued. But they will go down 15-40%.
Best real-estate forecast video on you tube. I have friends who have been waiting for the right time to buy a home and 10 years later still paying rent.
Telling you what you need to know, not what you want to hear. Love this guy.
Brian, need to call out Reventure Consulting- that dude is not only spreading nonsense on his channel, but using every opportunity to go on other media and spread it!
I despise that guy! My friend sold their house (husband convinced her because RUclips) back in 2020. They've been living in an apartment ever since, and they have 3 kids.
Agreed! He's the worst and has no credibility. He IS convincing on camera though. Other media outlets should not be giving him airtime.
@@GreenVolley8-d6m That's the problem. Because he has so many followers, the media has to give him air time. He's a great salesman
Commenting from Tampa Florida - to answer your question... No. It's that simple.
Brian I love how you break it down so simple so that it can be understood fully by anyone
The truth is nobody can actually predict the future. Anything can happen. Once a housing market starts making dips it usually keeps going in that direction for a long while.
We are in West Fort Lauderdale Broward County, Florida. in an excellent area. We are in Plantation ,Florida, Broward County. Prices are not falling and there is low inventory. We paid $280,000 in 1998. Now our home is worth $900,000.00. We could not buy our house right now if we had to.
We are holding on to our house and giving it to our Children. We almost lost everything in the WFC. Thank God we held on.
Housing crash coming in 2024! And if not then 2025. .. or maybe 2026... but definitely 2027... although it could be pushed to 2028... 2029 at the latest... but maybe by 2030
As long as your parent, you will see a crash in your lifetime.
Now this is a prediction I can get behind.
Yeah yeah...that's the ticket.
The housing crash will occur at the same time Jesus comes back😉
😂😂😂
Clearwater realtor here. Home prices that have slashed were over priced to begin with. Homes in Clearwater, Dunedin, Safety Harbor are all unaffordable for most. There are some good deals to be had but they will need rennovations.
Volume has tanked and you know it.
Shore Acres has some deals...
Simple supply v demand. If houses are too high, people will stop buying. If people stop buying prices will level off or go down until people buy again. Thats not a crash. Thats a correction which is more likely. All indications are pointing to a slower increase and leveling off of the market. Inflation is a real reason for high prices. Income growth is always last but eventuality it will cathch up to the market.
Miami here, housing here is absolutely ridiculous. Anyone saying otherwise doesn’t live here!
Its honestly sad that my wife and I would have to pay double our rent to buy the same house... its always been a dream of ours but things are absurd today
You’re still covering their historically low costs … anything after COVID inflation is simply not worth the pricetag to buy. If one was lucky enough to buy in 2019 hold it and rent it out. It will always produce at least a 1:1, and you’ll have the equity. Rents will go up too though as insurance and prop taxes rise locally. I’m raising rents in January because of those two very reasons.
If this is true then your land lord is giving you a hell of a deal.
@@TaylorTV5 yes I agree
@TaylorTV5 it's across the board... any house near my area is going for around 2300 or so but to buy it would be a 4k mortgage
Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024…
I would really love to know how much work you did put in to get to this stage
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Jihan Wu you're such a life saver
Waking up every tenth of each month to £210 thousand it’s a blessing to I and my family… Big gratitude to this same Jihan Wu🙌
You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio
Please is there any way I can get in touch with him please?
Born and raised in FL. Moved to NC from 2019-2023, homes are still extremely unaffordable thanks to the influx of people coming here from more expensive states 😢
I'm in St Johns, FL just south of Jacksonville
And the reason they're coming in is because there's been so much influx of people coming into the country into sanctuary cities which have driven up prices in those sanctuary cities and then people living in the sanctuary cities DEI move to cheaper red areas and buy up those homes and drive up the prices
Nc is no better because of Florida
bingo. they need to go home and take their inflation with them
As usual great content. Facts, actual data and no pretentiousness to be a magician who knows everything. Good job!
Came here to say thank you again for the transparent and direct information with patented Brian humor. We appreciate you good sir
Destin FL here, some homes have come down slightly (down 5k-10k) very few down 20k, and some new home sellers are willing to buy down your rate, but they are still expensive. You need about 80-120k for a down payment to avoid PMI on a conventional loan.
Pensacola here!
I can already feel my future great-great-grandchildren kicking themselves for not buying houses when they were only $434K each
sadly true
Yeah but just remember we all voted for this.
My wife was convinced we were making a bad decision to buy in 2018 because she thought we were paying too much. Thank God we did it anyway and now have $165,000 in equity and a 3 percent mortgage.
Bought my first condo just two years ago, and it's already up almost 20% according to Zillow. It's literally doing the opposite of crashing....
According to Zillow? 😂 try to put in on the market and you will see real price. The friend of mine put his new house bought in 2022 for 10% less and after three month wasn’t able to sell
I'm glad you made this video it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
Making touch with financial advisors like Elizabeth Regina Nelson who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times
Elizabeth Regina Nelson has really set the standard for others to follow, we love her here in the Uk 🇬🇧 as she has been really helpful and changed lots of life's.
People are ignorant of profitablity in bitcoin investment and that has been the major issues limiting their expectations
No doubt Elizabeth Regina Trading services is very good, I invested $5,000 and cashed out $14,700 after 3 weeks. I still wonder how they get their analysis
NO Florida is NOT a buyers market AT ALL!!
I’m so upset because I was hoping to finally buy until I learned a ‘decent’ home that has no frills is over $400k😮
At this rate, I need to be a millionaire in order to buy😢 (East Coast)
Brian always keeping it real! Been following you and subscribed since 2020 and your the best channel for honest info. My wife and I bought our house in 2008, we were underwater for about 3-4 years but it bounced back, took advantage of the low interest rates along the way and during the pandemic, we have even borrowed from the equity and invested that into updating the home. After the work we did our home is worth more than double what we owe on it. Brian is 100% correct, in the long run housing always goes up, we may have a crash or dips along the way over time but if you hold the property for the long term it will increase in value especially if you take care of it and update it over time. We live in the coastal area of the northeast which almost always holds it's value (barring the crash of 2008) so it also depends on where you live as to what housing does during different economic times. The challenge right now is that housing costs are outpacing peoples pay so for first time homebuyers it's expensive.
Price go down, APR goes UP. APR go down, price goes UP. GREED with no Vaseline.
More like APR goes up, Price go up. APR go down, Price go up
So you would sell your house below the market so you wouldn’t be called greedy?
I live in Jacksonville Florida and it's crazy how expensive houses are here unless you're making really good money it's not going to happen
I am in Jacksonville, too. There are lot of inventory for new homes that are competing with older homes. Prices are going down though not significantly.For new, they will help with closing costs and they will knock off a little chunk of the price. Frankly, the time to buy is when you can afford it. The cost of supplies and building is where it is at. It is expensive.
Glory!!! After so much struggles I now own a new house with an influx of $360,500.00 every month God has kept to his words,my family is happy again everything is finally falling into place. God bless America 🇺🇸
Hallelujah!!!! Your channel has been a huge part of my transformation, God is good 🙌🏻🙌🏻.I was owning a loan of $37,800 to the bank for my son's brain surgery (Oscar), Now I'm no longer in debt after I invested $8,000 and got my payout of $340,500 every months.God bless Mildred Evelyn Rooney 🇺🇲
Our God indeed is a covenant keeping God. Has he said a thing and not perform it? I watch how things unfold in my life, from penury to $355,500 every month and I can only praise him and trust him more. Hallelujah🙌🏻❤️🇺🇸
Hello!! how do you make such monthly, am a born Christian and sometimes I feel so down 😭 of myself because of low finance but I still believe God.
Thanks to my co-worker (Alex) who suggested MILDRED EVELYN ROONEY
She's a licensed broker here in the states 🇺🇸 and finance advisor.
We are feeling it in Florida it’s more of the issue of houses aren’t selling the market has been at a standstill for months it is a buyers market in south Florida ! Homes are very affordable I have one of my own properties that’s listed for an absolute steal with no luck . My realtor who’s been doing this for 30 plus years old school is at a standstill . IT IS HAPPENING
Graham Stephan, we're looking at you. 😂
Meet kevin and economic ninja toooo
Stopped watching that clown, years ago. LoL
@@MrDonny27I unsubscribed to Kevin years ago, when he started selling "courses". Graham is probably next
@@preciousg1rl unfollow Graham like 5 yrs away.
I agree with you 100 percent. If you can buy a home now buy it don’t wait.
I was told the best time to buy is now. The next best time to buy is tomorrow.
If there’s a recession, we have a federal reserve with room to stimulate and a government open to deregulate. Less severe recession. If there’s not a recession, we get big inflation again and interest rates stay high. Home prices surge and mortgages get even more expensive. Seems like the downside to buying now is not at bad as waiting. Do 20%, have your mortgage under 35% of net income, and be prepared to hold for at least 10 years, and you’ll be happy you bought now.
Florida is different.
You have insurance rates & hoa's going out the roof.
Salaries declining, Eventually Florida has to correct itself.
There's never going to be a crash because they are manipulating the supply and demand. As soon as prices start to drop, they will take inventory off the market
Who is they?
@@Fishouta elves
Your conspiracy theory is totally off base. ‘They’ don’t take inventory off the market. People need to sell so they sell. America was 5 million builds short in 2019. Such silliness.
@Ody9931, you made that up. Who are the "they"? Even you can't say...
I suspect you are both right and wrong at the same time. Prices cannot stay this high relative to income. But it can stay high for an extended period of time. And prices can decay slowly. If you adjust for inflation Prices are down. And they will keep going down. But it will drop in value by roughly 2 to 5 percent per year as inflation continue to devalue the dollar at 5 to 10% a year. In short I expect the prices to stay right where they have been and for inflation to continue to rise and as such correct the prices over the next 10 to 20 years.
The Feds are holding the economy in a bubble. They will not let the housing market crash. Always appreciate your accurate & timely assessments!
Theyll let it pop when Trump gets in.
@LordRykard9376 Right! Hidden agendas galore!
Absolutely not…The prices in Miami are becoming outrageous
Somebody's buying these houses🎉 I like me😂
Thanks for breaking this down for me. I was one of those people waiting for the market crash
Lol
Why are you waiting for the market to crash?
Things in Florida have only gotten worse.. I was born and raised in Florida; houses are out of reach for many Floridians, especially for us Millennials. Many snowbirds and people from outside states come here with their northern money and inflate EVERYTHING.
LOVE IT: I have been saying this since 2021 HOUSING CRASH videos just took off and then when I provide the TRUTH they call me an IDIOT. Love to see you and Jaspreet: 2 guys I respect Have the same conclusions as you have
Keep it the GREAT work
I am also in Chicago and would LOVE to connect
Heyy Dan!! You and Brian are the only two guys I respect for your honest work. Keep it going.
Keep up the good work Brian.
Thank you for all the support YahiaHegazy!
Ohio market is nuts. 100k houses 5 years ago are selling for 250k 🤯
Very affortable still. Time to invest if thats your thing.
@@je5406 sure
Ohio incomes have not risen 250% in that time. And the houses are no better now than they were 5 years ago.
That's nothing. Bought my home in Santa Fe, NM 10 years ago for $250K, it's now worth $850K.
@PHenry-wn3li u think it's worth that
"Hope sells." - Housing Market Crash '25, '26, '27, '28...
Appreciate you discussing facts over clickbait.
One thing for sure, appraised values for homes will not decrease regardless of the local market prices. Taxing authorities will continue to raise the appraisals! Inflation is not going away so house prices will continue to rise.
My taxes in Oakland CA went down this year.
Cookie cutter homes with lead pipes, crumbling and cracked concrete, and decaying wood studs has an appreciation value of 40x over 40 years? That makes sense.
Of course they won’t crash….the dollar has been inflated to the point of being Monopoly money…..asset prices will only continue to rise as our currency continues to weaken
The dollar is strong comparatively to most of the world and is the 10th strongest currency. Behind mainly strong oil based Middle East countries, the Swiss Franc, British pound and Euro.
If you want to talk Monopoly money. Look at argentinas currency devaluation in the last12 years
The prices are UP ...they are just NOT selling 😂😂😂😂😂
This
facts, Miami specially is insane with the prices but nobody talks how buildings and single family homes are sitting empty by the thousands cuz nobody can afford them
This is the inside track. REITs, foreign owners, stubborn sellers, but volume is way DOWN.
You must be a realtor. I heard the same BS in 2007 from realtors. Yes the market has not crashed and yes housing markets are regional but the canary in the coal mine is Florida, Texas, and a few other states but the market is on a slow slide downward especially in the aforementioned states. The housing market is in a massive bubble just like the stock market and yes RUclipsrs have been predicting a housing crash for a while. The factors that are going to take this market down are affordability, tapped out consumers, higher interest rates, massive insurance costs and in general inflationary home costs. investors are selling out cause they can’t make a profit, inventory is spiking, and prices are coming down. The only things that have kept these markets alive are the lying media and government propping up the corrupt Biden administration. The come to Jesus moment isn’t far away. Now that Donald Trump has been elected the lying media will start telling the truth about the state of the economy. Even if trump is able to fix the housing market and the economy it will take many months or years to do so!
Home prices gone up. But can you sell it?
For every $40K in value appreciation, a segment of potential customers is removed. One reason for this is that wages do not increase at the same rate as houses. Of course investors do not have any problem with buying houses (and thus driving up house prices), but they also will not keep buying unless they see a source of future profits in doing so.