The Housing Market Is "Softening"
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Top Comments (10)
Housing is soo screwed idk how some people are paying for these homes around my area when making 20-25hr
Everything in my area is $150,000 more than it should be.
Saw this coming waiting for price corrections in my area❤
I work at a bank, last year I had someone who lost their $70,000/yr job, and started making $40,000/year. He started taking cash advances with his credit card with us in order to pay for his mortgage. It was honestly sad, he had $70,000 in equity, he could have just sold the home and rented until he was stable, but he chose to struggle.
Thanks, Jaspreet!
Current immigration policy is also something that adds to the "softening" by reducing demand.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/73h WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Florida prices are definitely falling. It's not dramatically like buyers want, but it seems to be on that way. The west coast of the State is presenting a 15% decline in several cities. The east is more solid, but it's showing symptoms as well. For instance, you can offer $75k (~10%) below asking price and be accepted in Miami, one of the craziest markets in 2022 and 2023.
Hey ice over here.
Im waiting till fall rate cut & im jumping in
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Top Comments (10)
Housing is soo screwed idk how some people are paying for these homes around my area when making 20-25hr
Everything in my area is $150,000 more than it should be.
Saw this coming waiting for price corrections in my area❤
I work at a bank, last year I had someone who lost their $70,000/yr job, and started making $40,000/year. He started taking cash advances with his credit card with us in order to pay for his mortgage. It was honestly sad, he had $70,000 in equity, he could have just sold the home and rented until he was stable, but he chose to struggle.
Thanks, Jaspreet!
Current immigration policy is also something that adds to the "softening" by reducing demand.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/73h WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Florida prices are definitely falling. It's not dramatically like buyers want, but it seems to be on that way. The west coast of the State is presenting a 15% decline in several cities. The east is more solid, but it's showing symptoms as well. For instance, you can offer $75k (~10%) below asking price and be accepted in Miami, one of the craziest markets in 2022 and 2023.
Hey ice over here.
Im waiting till fall rate cut & im jumping in