Avoid Buying A Home In The WORST Housing Market In History | 15 Things You Need to Know

Avoid Buying A Home In The WORST Housing Market In History | 15 Things You Need to Know

[louisedost]

Like the larger clearer charts I can see them😊

[EmanO]

I’m taking a job that is going to pay me $3500 per month in stipend for a year. Gonna rent a nice house. I’m ready to wait longer now

[revnation_auto]

Nothing wrong with taking a break my friend. Hope you enjoy the time off.

[Nikkisweeets]

Don’t y’all remember 2008…? It wasn’t till like 2010-2012 when people finally realized it was and IS A RECESSION

[markcotter]

Have fun on your trip. Get some rest.

I would point out on your five reasons things are going up. Six would be the very thing you are experiencing, low interest rates of past keep people from refinancing or selling to keep the “good” loan.

You’ll find prices will continue to go sideways or up and a collapse is not imminent.

[followmesky]

My market went up 31.1 % from last year. I can't see buying now and trying to sell later in life, because it would be a short sale. The market is delusional, and it's not sustainable. It has to crash hard to reset. Travis, I would argue that the rental market adds pressure to sale prices to start taking a hit. Rents are sky high, but it doesn't cover the additional costs of owning a home. Lately, I'm seeing friends/roommates looking at open houses. It sets the tone that unaffordability is crushing everyone but the rich.

I hope this video goes VIRAL! Enjoy your downtime.

[SJ-qqxu]

I really do appreciate you. I saw an entire new build sell in one month and wanted to buy before I missed out . But now I’m not as sure

[james]

Kind of reminiscent of 1990 and 2007 imho (people forget the early '90s housing crash for some reason). Both times, if you waited about two-three years to buy, you made out beautifully with life-changing opportunities to buy quality cheap. Hot labor market, stupid war overseas, everyone seems to have cash but nothing to buy... it's like deja vu all over again.

[fake]

Great reporting! History has nothing to compare what is going on, to!

[louisedost]

Love your outside in the housing that’s being built! Take your time relax you deserve it. I’ll be here God willingwhen you get back‼️👍🏿😁

[ramongalvez]

Excessive savings…. Yes, in the past. However time moves forward, inflation decreases “excessive savings.” Past % keeps inventory to be lowered as present % doubled. Prices…. Flat….

[dinapage]

Good for you Travis! Take care of you my friend! We all understand! Nick at Reventure Consulting did the same.

[SweetTs]

Travis! I’ve missed so many of your videos because I was laid off in February and now I have a stupid call center type job and the calls are non-stop. I hate it! But, I am thankful I have a job. Anywho, thank you for this information! Wishing you the best!

[brittdoss]

Great video. I think existing home owners who have a good rate locked in aren’t putting their homes on the market b/c they don’t want to give up that rate

[ChrissyCAGirl]

Thousands of Tech people are laid off. It is not a red hot labor market for them, believe me.

[daveblackman]

Enjoy your break man, you deserve it. (And I could use a break from defending the championship😂) nice work on that presentation

[ClarabellaHoney]

Have a good vacation Travis. Thank you for all your hard work.

[dixontshims]

Travis the thing you missing house market is local house went up 30% 40% I don’t see them come down 40% and most of people don’t want to buy waiting the rate to come down if rate come down 5% house price will go up we are in new normal now cost of everything got worse what ‘s going to happen in couple years income must fallow the new normal trend

[jacksonmeyers]

Travis great presentation!!! I really appreciate your content and using facts and your market experience to support conclusions. I hope you get some quality "R&R" time and can disconnect for a little while because we need your insight navigating this crazy housing market.

[willlywillly]

Hope you have a great vacation! Travis, I have always said from the beginning that the crash doesn't start till unemployment goes up. I hate it, but it is what it is. You know that is what made me foreclose in 2008.