Bank of America report suggests housing affordability won’t improve anytime soon

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  • čas přidán 26. 06. 2024
  • Bank of America report suggests housing affordability won’t improve anytime soon

Komentáře • 31

  • @adam1885282
    @adam1885282 Před 13 hodinami +6

    I’ve never heard a realtor say it wasn’t a good time to buy

  • @astonike8383
    @astonike8383 Před 3 dny +7

    Ahh yes the 20 year old realtor says you should buy now, solid advice....

    • @AlexDaniel-s6p
      @AlexDaniel-s6p Před 2 dny

      Hello

    • @astonike8383
      @astonike8383 Před 2 dny

      @@AlexDaniel-s6p Hi

    • @MichaelChengSanJose
      @MichaelChengSanJose Před dnem +1

      Yep, I’m telling you not to buy so I can still pick up deals.

    • @astonike8383
      @astonike8383 Před dnem

      @@MichaelChengSanJose Ahh well good luck being stuck with a bunch of overpriced properties when prices crash again..

    • @melelconquistador
      @melelconquistador Před 13 hodinami +1

      Of course they would imagine the commission at these prices

  • @Bridin84
    @Bridin84 Před 3 dny +2

    Let them prices climb😂 nobody truly owns $#!t anyways. Taxes makes sure of that 😂😂😂

  • @mikibihon8826
    @mikibihon8826 Před 2 dny +1

    Slowing deaths, low divorce rates, low new house supply is making difficult for first time homebuyers. Just continue to save more for DP, interest rates will soon come down, increase deaths and divorce will bring down home prices and more availability.

  • @MichaelChengSanJose
    @MichaelChengSanJose Před dnem +1

    Music to our ears.

  • @ruby319able
    @ruby319able Před 3 dny +3

    How do banks determine this

    • @analienfromouterspace
      @analienfromouterspace Před 3 dny

      Good question, pretty much the number of available homes vs. available buyers (Individuals, and corp greed buying in bulks lol).
      Many others things such as FICO scores, number of loans per months, number of affordable homes being built solely to sell to individuals not the property managements firms buying in bulk for REITs income!!!

    • @Ravi-rl8tt
      @Ravi-rl8tt Před 2 dny +2

      Idk, they couldn’t possibly have any insider data, could they?

  • @norwegianblue2017
    @norwegianblue2017 Před 13 hodinami

    What percentage of homes are owned by corporations or investors? We need to only give tax breaks to occupant owners.

  • @laheart1957
    @laheart1957 Před 13 hodinami

    I live in Dallas TX, and I am so confused.
    On one end I hear about a 3-5 percent rise between now and next year. Then there are several experts that predicting a “HOUSING CRASH” that will bring down prices by 25-30 percent.
    I understand there are many varaiables, but can someone comment on this? I am very confused.

  • @shanerogers9386
    @shanerogers9386 Před dnem

    Can we start publishing a list of every home owned by a flipper, investor, equity firm, corporation ?
    And what is the address of the owners is these companies? Where do their families live? Where do their kids go to school?

  • @jamesosteen09
    @jamesosteen09 Před 2 dny +1

    home prices have no where to go but up....yeah except that entire issue of affordability. You can't keep going up if you're outpricing what a majority of Americans can afford.

    • @jessicah3782
      @jessicah3782 Před dnem

      When anyone with money can buy up American real estate, it doesn't matter what any American could afford. Honestly, the US is backwards for not protecting home ownership for actual citizens like other countries do.

    • @MichaelChengSanJose
      @MichaelChengSanJose Před dnem

      Actually, you can. The Bay Area is perfect proof of that. As long as the top 10% earn enough, they will pick up every house that comes on the market, bidding up to new highs. The bottom 90% will just have to standby and watch.

    • @shanerogers9386
      @shanerogers9386 Před dnem

      How much is a pile of ashes worth(“?

  • @tnnsboy18
    @tnnsboy18 Před 2 dny

    Im already getting to old to buy a home, how could I qualify for a loan then?

  • @BillionaireTaxEvader

    Let's all listen to the realtor who was in diapers 5 years ago. He definitely knows how things work.

  • @grayrecluse7496
    @grayrecluse7496 Před 4 dny +4

    Keep voting democRAT.

    • @mida8261
      @mida8261 Před 3 dny +5

      If you insist.

    • @Ravi-rl8tt
      @Ravi-rl8tt Před 2 dny +1

      lol, you think the Democrats somehow told you morons to go chain yourselves with record low interest rates?

    • @Maryanne-xo5ip
      @Maryanne-xo5ip Před 11 hodinami

      don't worry, republicans are coming to rescue you. taking care of you just like they did w healthcare😀

    • @Ravi-rl8tt
      @Ravi-rl8tt Před 10 hodinami +1

      @@Maryanne-xo5ip I love how you clowns are picking on the one thing Trump didn’t fix besides infrastructure which was gatekept to the moon