#realestate #youtube #stockmarket
Realtor.com Chief Economist Danielle Hale spoke with Yahoo Finance Live anchors Seana Smith and Akiko Fujita about the outlook for the housing market.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Home values have declined for 8 straight months. Inventory is climbing in Massachusetts, and Florida. Specifically, SW Florida, and ALL of Massachusetts. Inventory is a red herring for those hoping prices won’t decline further. New construction is at all time highs. Price drops will continue for years. Demand is dead. Demand trumps Inventory, ECON 101.
Maybe in a few areas, but in Maryland that’s not the case. We have incredibly low inventory, high buyer demand, and rising home values
I m seeing bidding wars and over the asking price where I m from. You are right. It is Econ 101
my man, markets here in Cincinnati, Northern KY and Columbus Ohio very different market. Median home prices up almost 10% year over year again! Inventory is stupid low here. Real estate markets can differ vastly from city to city.
HA! oh well, fuk that ponzi scheme!! Feel the pain.
Propaganda. Lies. Interest rates will INCREASE soon. Home values will CONTINUE to decline. God bless, America.
South West has the most mtg fraud and airbnbs. How long will that last?
For renters this is good news still, new construction are still expensive. Better try to get an larger space in an older building.
Rent is going to keep going up…purchasing a home is the better way to go
Everyone watching this need to go to Redfin Downloadable Market Data for YOUR area. This video about the nationwide real estate market does nothing for you. Our market is nothing like this in Maryland
maryland will be susceptible to all these things eventually. also thats a bum ass state
Everything is connected brother. It’s called the economy. Lol
Genuine question for someone who bought a house in the last 12 months. How? I can understand why. I can understand being tired of waiting. I can understand being desperate and agreeing to overpay for a house, I get it. But how can you afford it? I have better than average income for my area, as does my wife, and we have less debt than most people our age. I bought my house in 2016. If I bought the same house today at current market value and interest rates, the monthly payment would literally be 3 times higher. Wages have not tripled in the last 5 years. I could not afford to buy an average house in my area today. So how are people doing it? I genuinely don’t understand how they are able to make the math work, especially with the price of everything else still being inflated.
I own a few houses and even I can’t afford to buy one at the market price.😢
Everyone has different reasons for buying a house. How do you know this is the top? Maybe it’s the bottom for the next ten years. You don’t know and neither does this lady. My buddy bought 10 house’s in 2006 for 200k. In 2009 he let them go back to the bank even though they were all rented. He said there only worth 100k now and he lost a fortune on them. Now there worth over 500k each. When the interest rates drop to 5% range houses will spike because there a tremendous demand and limited supply.
@Big MikeI think he’s asking how can a person afford it.
I have wondered the same thing. I read the average monthly payment for a house bought right now in my area is 3300. I don’t know many people that can swing that without being crazy house poor. Also, how are they even qualifying unless they are selling their previous house then putting a bunch of money down. If that is the case the market is literally a deck of cards in the shape of a house.
Remember they said prices would, “level off?” That was funny AF. If I were buying a home I’d def be going in 30-35% below asking prices 😆
These sellers are living in Fairy’s World.