Reventure Consulting Housing Data App - Is It Accurate?

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[YoPhocFays]

Reventure has been calling a crash for 4 years now. I wouldn't put much faith
to what he says

[jaydeeare]

If his "app" was actually any good he would be using it himself to be getting rich in real estate instead of renting a one bedroom apartment in nashville. If the "app" was any good, he wouldn't be so spectacularly wrong with every single "prediction" the last three years.

[JohnCillian]

Him and Michael Bordenaro are calling a crash for years. It is all they do being negative all the time to get clicks. Fear sells.

[matthewphillips]

Javier, realtors never say its a bad time to buy.

[SunZuu]

That guy has been calling a crash for 4 years. It’s BS clickbait, and it works. His followers believed him and lost out on once in a lifetime gains and the lowest interest rates we’ll ever see. I actually feel sorry for them.

[DaveCulbertson]

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer

[idnotapplicable]

I think Altos does a great job showing real estate data. They're also seeing that inventory is finally catching up to four years ago. I think reventure could be right because of how many people got in over their heads from buying over valued houses thinking the Fed would lower rates without their being an economic crisis. They were fools.

[WelcomeInc]

Are you talking about when nick took a "break" from youtube? Because i can guarantee you he has NEVER made 60k a month on youtube. Not even shelby church made that much and she has triple the subscribers. Incidentally both Nick and shelbys views are down from corona days along with graham stephan. Seems like the most lucrative channels now are crit frinker and nerdrotic pitch meeting, etc, pop culture escapist type stuff. But lets face it nearly ever channel had a certain shelf life.

[putyourshirtbackon]

I’m surprised that more people do not call out reventure consulting for bad predictions. He has called for a crash every year since 2021.

[jessecastro]

He always mentions that each market is different and to look at it each specific zip code individually.

[rathelmmc]

I think for the price cuts the app compares month to month. So April 2024 is higher than anything until April of 2017.

Also what’s nice about the reventure app is that the value in it is as an aggregator of other information. They have no horse in the game on whether housing goes up or down whereas someone like Redfin does.

[TheRateUpdatewithDanFrio]

Love you man
Finally someone did this video to back up that the ring leader of housing crash is entertaining but when it comes to facts it doesn't pass a fact check
Thanks buddy

[kcsellsflorida]

Are you taking the annual average for days on market? Maybe the graph would paint a different picture because I see a pattern that it looks like every Q1 in your market houses tend to stay on the market longer... Maybe a seasonal thing?

[cooldy]

I think Nick’s thumbnails are clickbait, but the content of his videos is less so. As Javier says RE is HIGHLY dependent on location! I’m in Central FL and the market reflects some of what Nick has said. if rates remain high and unemployment continues to rise I wouldn’t be surprised at “crash” territory (defining it as at least 20% drop in median home prices from the peak). At least in Volusia County, FL

[erikaerika]

The bold guy ALWAYS saying its the end of the world ...for years now 😂😂😂

[Johnny_Chingas]

That dude has been on the sky is falling kick since he came on YouTube...his spewing hopes and dreams has gotten old!

[sesTC]

I think for the % of price cut it possibly means the average % of cut from the home value not the number of price cuts that happened in a certain period of time.

[Ace-htis]

Please don't believe anyone that says housing market crash is coming. I audit commercial banks. Mortgage loans are at all time low risk of defaulting. CRE loans especially office buildings are at super high risk of defaulting due to remote works.

[daboss]

He really talks about how the housing market is not sustainable at the level it’s currently. He also points out that a market correction is needed because salaries are not keeping up with current home prices. He has been saying the market will crash but also points out manipulation of the market by corporations and the government is what’s keeping things together

[moneymanfernando]

Thanks Javier. My son is looking to buy a house and his realtor drew a contract that says : buyer agrees to pay Broker $995.00 for the flat fee portion of brokers compensation in addition to 3% commission. I have never heard of this. What do you think?? Any help will be appreciated.