Lets talk about the 2023 housing market, why homes sales just had the worst drop – on record, and what you could expect throughout the next 12 months, according to analysts – Enjoy! Add me on Instagram: GPStephan
GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC & READ MY THOUGHTS ON THE MARKET – USE CODE GRAHAM: http://www.public.com/graham
NEW BANKROLL COFFEE NOW FOR SALE: http://www.bankrollcoffee.com
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF – $100 OFF WITH CODE 100OFF
National Association Of Realtors outlook for 2023:
They believe that home values will be COMPLETELY unchanged from where they are, today – meaning, half the country may experience small price gains, while others could see small declines that level out the overall country. They also believe that mortgage rates will begin to decline, and likely settle around 5.7% by the end of the year…leading to a more normal housing market.
Realtor.com believes hat home prices will actually INCREASE by 5.4% throughout these next 12 months, driven by low inventory, but, they also say that buyers “will have more time to make a decision and more options.” However…they haven’t always been the most accurate, with last year’s forecast being off by more than 7%.
Zillow uses a slightly different forecast, and believes price declines will be moderate across the country, vacation destinations will likely take the biggest hit…and, most experts believe that 2023 will be the year where conditions begin to favor the buyer.
And finally – CoreLogic, forecasts that housing prices will continue rising by another 4.1% through October of 2023. Although, in fairness…they also adjust their numbers on an almost monthly basis, so, I’d take their predictions with a grain of salt.
In terms of overall housing values…the general consensus seems to be that: appreciation is local, and even though coastal markets are likely to see a 5-15% drop…some segments, like the luxury market, could take the biggest hit – with sales falling at the fastest pace since 2012.
Personally, though, as a landlord and real estate investor myself, I see 2023 as being a year where, we’re finally going to see the delayed affects from a slowing economy.
In terms of rents, I believe that – higher interest rates, weaker consumer spending, and continued layoffs are going to put a lot of pressure on landlords to either hang on to their current tenants, or second guess their planned rent increases…because, there’s probably going to be a lot more rental inventory coming available soon.
As far as home VALUES are concerned…I’ve said this before, but – home prices take a LONG TIME to adjust. When payments increase, only NEW home buyers are directly affected…everyone else, who’s already locked in, probably isn’t going to sell unless they absolutely have to…and, it’ll take at least 12-18 months to fully reflect a market value that buyers are willing to pay.
That’s why, I personally believe…a mild drop is probably the most likely scenario, with some speculative “hard hit” areas falling 10-25%…but, then again…as all of our data shows…absolutely NO ONE can predict the true impact of rising rates on the housing market…so, it’s best to only buy what you can afford, with a fixed rate mortgage, that you intend on holding for at least 7-10 years…and then…subscribe if you haven’t done that already….especially if you’re actually reading this 🙂
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
Hey everyone! Starting today, all future videos will have a link containing the source material for every piece of research that’s cited. I do my best to make my videos as accurate as i can, and the additional resources should help for anyone who wants to look into them further – enjoy! https://docs.google.com/spreadsheets/d/15pCIuPxKlwNm_oWhHFObctf6TxHDFZE6gmU67qluyX4/edit
Great idea.
I don’t know how you sleep well after what you’ve done to your viewers.
Start earning without any investment, hit me here 👇
+𝟰8 𝟱73 𝟱𝟬3 𝟮62
👆 what pp
Only buy ONM22K to survuve this bear market
ONM22K will replace Eith in few years. ONM22K is the sleeping Giant. its the fastest L1 high-tech PoW Zero Gas-fee chain with 100X potential
If you hold into the crash it’s your own fault. Amazons ONM22K is the way out and it’s here for anyone to use – should be aware on this as a chance this year which is rare even for the century guys
If you’re right about this ONM22K this could really help people offset the losses they experienced this year
If the inflation and recession is real you need to decide which to hold and I think ONM22K does better
The reason I got ONM22K is because I believe decentralization is more important than anything else.
Been staking with ONM22K!
🔝🔝 Hello, congratulations you’ve been selected among my lucky winner’s send a direct message above to acknowledge your prize on telegram only,Thank you,🎁💐….
Thank you so much for these piece, Amazon’s ONM22K looks to have great prospect
I am seeing ONM22K everywhere can you make a video for these ico projects especially ONM22K
I bought 2500 ONM22K tokens, too. It will be great profit when it is listed for $2
All of my USDT is still going to buy ONM22K
What’s better holding into crash or being safe with ONM22K tell me
Everyone talking about the ONM22K launch best news this year
Why is ONM22K doing so well? That is concerning to me.
Will you make any research videos about ONM22K
Hopefully ONM22K will do good.. have alil over 10million ONM22K coins
ONM22K will change the trajectory of my future investements/trades…. I feel it!
ONM22K is going to 100x over Bitcoins Market Cap.
On ONM22K go long when the sell pressure reduce.
I hold both but I’m making more effort to get as many ONM22K as I can, along with bitcoin and enthereum.
I still think ONM22K has a great future because it’s owned by amazon. Also I don’t hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330…. will this still work out in the future? And since BTC will fall even further I think we haven’t seen the bottom yet!
I figured ONM22K headed up in a big way. SCHIFF came out and declared that Bitcoin won’t be going back to highs. Do the opposite of what that guy says.
What about ONM22K
Truly love your candidness, I DCAed today again for BTC ONM22K and ETH
New week up as many FOMO in. But the ONM22K story isn’t over yet. The only strat that works under all circumstances is DCA all the time with solid, large companies (not hyped ones).
Myself during this Bear Market only trying to focus on BTC, ONM22K, ETH, SOL, MATIC. not losing sight of BNB and GALA.
Bro, i bought ONM22K in September after your video. i’m up 79%.
I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling ONM22K and i know my patience will pay off .
Boys is it best to invest in ONM22K monthly or weekly? I’m thinking the fees will be higher if done weekly.
I’d rather buy ONM22K, atom, polka and polygon!
I’m buying ONM22K on sale, waiting for BTC to maybe drop again before I add more. Hope to take some Eth profits by Sept proof of stake
ONM22K at less than $1. is like BTC at $100. When ONM22K finally blows it’s gonna be epic.
How do you feel about ONM22K moving into the nft marketplace? Is it still a buy?.
You should buy ETH and ONM22K if you care about your future
ONM22K has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.
ONM22K is gonna go to $5 in a year..probably ahead of bitcoin in 3-5 years
This may be the last time you can get ONM22K before it takes off 4,000%
If you want to do one thing right this year you have to check ONM22K
ONM22K simply life changing.. absolutely huge.. bigger than huge.. possibly huge(r) than huge.. big
We will rise with ONM22K and Matic!!! Just HODL
ONM22K is less that $1 just like the 2012 bitcoin days… time to buyyyyyyyyyyy
The recent announcement is just crazy check ONM22K
Excellent content. I used the last dip to stock up, buying ONM22K now its cheap, can’t miss the presale.
Charts literally make me mad the sun in my life is Amazons ONM22K nowadays
Best day of my life Amazons annnouncement with ONM22K did so much we can’t be wrong now, can we?
Converting at least some losses with ONM22K
The inflation is real We are far very from the bottom, But we also need to talk about Amazons ONM22K as a gamechanger where we can avoid most of the losses. This is not a joke guys, this is the only chance this year gives!
Now that FTX is gone for good I would not give up on all cryptos yet. And I’m not alone seems like even Amazon is now into it they made ONM22K if you don’t know yet
Can’t deny the fact that Amazons ONM22K has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it’s done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don’t see them going bankrupt any time soon.
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example ONM22K will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
The flow and utility of ONM22K integrating with online stores is just amazing concept through and through
My largest holding is Amazons ONM22K. Glad it came out to be this. I’m a fanboy and I like Charles. He reminds me of Steve Jobs when he speaks
Super cool video ! Do you think amazons ONM22K will pump before ETH ? I ask myself if there is a pattern in the order of the altcoins pumps.
ONM22K is my safety asset along with tether so i’m really glad to hear all this!! thank you very much
My ONM22K shorts are doing pretty well and I plan to hold much longer.
Stability, usecase, utility. These are factors which should transform you into a buyer and not the idea of "whatever it’s gonna work". This sounds simple but apprently still too difficult to most. My idea is Amazons ONM22K, they provide all these values and more.
Off course! ONM22K
Just bought and Still Holding ONM22K
I would love to see that future. with the new Amazon token ONM22K the world running on blockchain.
Stocks and traditional markets are ruined, in a way also the crypt.. but not all of it as the recent announcement of ONM22K is blowing through all roofs
No risk, no reward. Do not lnvest what you cannot afford to lose. Stake your ONM22K!
ONM22K, you’ve done an amazing job. How are you going to make all of these films and write all of the text in such a short amoun
Request for an update on ONM22K. Your the man, keep up the hard work in the depths of this bear market and we will all be asking “what’s a few trillion among friends
This week is hell and a bloodbath can happen but why we don’t discuss the fact that Amazon also released their ONM22K in it? Always two sides of a coin
biggest market explosion ever is ONM22K
I purchased $500 ONM22K i am on the train too
I bought 5k usd ONM22K. I feel like this token will raise to $10 really easily.
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some ONM22K thanks for keeping us informed during this times of doubt?
Of course ONM22K is the first and strongest hype now that the rumors became reality
Let’s talk now👆, I’ve got something to share….
Your comment at 7:25 doesn’t match the diagram. It looks like increases on lease renewals is a larger source of rent bump-ups than turnovers.
ꜱᴇɴᴅ ᴍᴇ ᴀ ᴅɪʀᴇᴄᴛ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ ᴡʜᴀᴛꜱᴀᴘᴘ ᴡɪᴛʜ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴀʙᴏᴠᴇ»
how much did FTX paid you bro?
✓✓ꜱᴇɴᴅ ᴍᴇ ᴀ ᴅɪʀᴇᴄᴛ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ ᴡʜᴀᴛꜱᴀᴘᴘ ᴡɪᴛʜ ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴀʙᴏᴠᴇ»»
I love the financial advice you give and it’s very insightful, BUT can you address the FTX situation and your promotion of it?
Unbiased? Aren’t you a realtor?
Your titles are always clickbait and negative
Graham is looking jacked!
🔝🔝 Hello, congratulations you’ve been selected among my lucky winner’s send a direct message above to acknowledge your prize on telegram only,Thank you,🎁💐
My car just got repo!! I’m so happy to get rid of that bill. Thank God I have a second car
Is the economy to blame for the lack of the laptop and iced coffee 👀
Its going to be a bad year.
I’ve been watching for a while now. Top notch updates on what’s going on in the world in finances.
I have to ask. The black to white contrast back and forth is hard on the eyes and can cause headaches for those with sensitive eyes. Ant way you can do something about the bright white backgrounds from the dark backgrounds?
When you had that blue room with the turkey baster it was much better on the eyes. 🙂
Sorry mate you are always wrong don’t believe anything you say anymore
🔝🔝🔝 Hello, congratulations you’ve been selected among my lucky winner’s send a direct message above to acknowledge your prize on telegram only,Thank you🎁🎁🎁
martin shkreli
Im sorry if this is a really stupid question…But what would this mean for a real estate agent ?
⤴️⤴️Thanks for your comment.
Send me a message, I have a beneficial idea to share with you.
Money is a theme that everyone has for a better and luxurious life. life was hard for me until i started bitcoin and now i am earning $9500 a week.
ꜱᴇɴᴅ ᴍᴇ ᴀ ᴅɪʀᴇᴄᴛ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ ᴡʜᴀᴛꜱᴀᴘᴘ ʀɪɢʜᴛ
ᴀᴡᴀʏ✏︎✏︎✏︎
I can barely watch this or pay attention to what you’re saying with you waving your hands in front of your face the entire time…
⤴️Massage me directly💙💙
The same high-yield potential exists in both bullish and bearish situations what matters is knowing where to look. I have been diversifying into the stock sector and trading aggressive through an advisor. Away from all the distractions around I still make profits from my investments, made $260,000 so far this year.
Exactly, long-term investors know that the market and economy will recover eventually, but i am having issues getting positioned for the rebound. The market circumstances are driving me insane, my portfolio lost almost $43K last month, my earnings are tanking. I’d appreciate some financial advice from anyone who knows more going forward.
I’d really love to put my cash to good use given that Recession and inflation are at an all-time high. I’ve heard that now is a wonderful time to buy, but I essentially have cash sitting idly in the bank. Who exactly is tutoring you?
My advisor is Amie Christine Shapiro In terms of portfolio diversity, she’s a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.
When the stock market rebounds, many investors may come to regret not investing in the red today. It’s possible that this pricing will never be seen again. If you have a fantastic vision for it, there is always opportunity in the midst of chaos.
Thank you so much I found her website easily. I am interested in hiring her because in this market I’m losing like 600 dollars per day essentially in my mutual fund portfolio.
They can keep dropping honestly. Still too expensive
Moved into my home in 2020 October. Bought at 254k, appraised at 325k. Mortgage is $1100 which is the how much a one bedroom rents for. VA loan, I only came outta pocket $150. I’m looking to buy another house this year since we’re headed towards a buyers market
I have seen and heard so much about YouTube promotion courses that it is already hard to believe that there is real information.
These clickbaity video titles and thumbnails are really starting to grate on me. Somebody needs to innovate and stop targeting the dumbest among us.
Got a like just for the turkey baster!
it’s not only the price and the mortgage payment, it’s also property taxes and Insurance.
lol “What’s up Graham? It’s guys here.” Always great content delivered!
You have gracefully taken a lot of Ls this year. On the bright side, your content will give much more realistic advice, and you’ve also proven that you won’t be shattered.
Rent prices are going up. Home prices are still going up. Inventory (of middle income housing) is low. (Supply is low.) And future first time home buyers are sick and tired of renting. Who the heck wants to waste $24,000+ renting in 2023?! Anywhere with demand but low inventory, will not see any houses crashes or drops in prices. Anyone that titles a video “do not buy in 2023” is miseducating and selfishly seeking clicks.
Pent up demand, sounds like when interest rates drop, prices will spike again.
Brah rent has been ass where I live
As I’ve said rents and housing is way too expensive. It’s not healthy and long term this isn’t sustainable. In the next 10-15 years we’re gonna see a complete meltdown of the financial system if we don’t see a major correction now
“What’s up Graham, it’s guys here”😅
So awesome