Housing Crisis Update

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Bill McBride, who predicted the 2008 housing crash, shares his insights on the current market. Are we heading towards another crisis or a new trend?

HOUSING CRASH Coming Experts Speculate:

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Paying off the mortgage, canceling the insurance, and taking a chance are some solutions to the house insurance dilemma. Mortgage holders would have to pay much more for insurance.

collins.l
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Thanking for providing the information in an interesting way

gloriagunning
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I remember before the GFC the media was freaking out and telling everyone they’d be priced out bc investors were buying all the homes and people wouldn’t be able to afford it when rates went up.

We all know how that turned out 😆 Btw anctive inventory is the highest it’s been since 2013 in Denver.

stevenap
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Did those who predicted a price increase next year factor in rate cuts that will increase demand ?

happywandering
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Do you know the YOY price increase/ or decrease for the Northern VA area, specifically Herdon/Sterling ?

bhershman
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Blah Balh reading in the coffee, youtubers want to talk about something to earn money, especially the realtors, because they dont make money from real estate in this market. Bottom line, nobody knows, however consumer sentiment is a big part of real estate and 80 percent of home buyers think its a bad time to buy a home right now

ronie
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How will housing prices fall when 11 million new people in the US lack housing? Sure, some cities will fall, and inventory will climb. A lot of people will rent.

StuggleIsSurreal