SHOCKING SHIFT in U.S. Housing Market - WHAT YOU NEED TO KNOW

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[porkyrabbit]

Sellers are upset that their profit margins will only be 60% instead of 80%

[sierrasky]

It'll never be a buyer's market until house prices come down by 50% where people can actually buy them again.

[ShadyD]

I've been looking to buy for over a year. There's no way in hell I'd buy a property now that's doubled in price in less than 4 years just because the dropped it back 20%. Most homes on the market are dogshit.

[kookietherapy]

Hurricane Helene and dams w nuclear power plants just brought prices down.

[CroisMoi]

The tiny discounts are a joke. All they need is one desperate seller to cave, and their comps go down.

[Russ]

If you think it bad selling a house and it sits for 53 days, , , , try selling a newer used car No one has cash or credit to buy

[LaurenceHoneytoast]

My father just sold his parents home he didn’t try to price gouge they wanted the house to move so they price it accordingly and it sold within days people need to price what people can afford.

[EvelynThomas-sn]

Can't believe how good this turned out!

[shearenergy]

But are they sellling at a loss or try to rip new owners off with their mistake?

[MISTERJBX]

California really looks trampled, old, and dirty.☹️

[chrisweidner]

Sellers realizing that they can’t make ends with the increasing property taxes. They also went with the flow by doubling/tripling the assumed value of their homes.

[jwayne]

Yeah you're going to see the crash when either in November or December. You hear GM announcing massive layoffs in their manufacturing

[nellyjohnson]

People are starting to worry about foreclosure and have to downside.

[sinister_right]

I remember when i first came across your channel a few years back and so many people were commenting on the housing market, "Housing prices wont come down" "This time its different" "only people with good credit took on mortgages" its amazing that most people do no due diligence or even bother to do research when it comes to making what's probably the biggest purchase they'll make in thier entire life.

[johnlibonati]

Michael, how are builders’ houses coming up as sold on Zillow for high prices, but when I actually click on the houses, they haven’t sold? Seeing this here in Rotonda West. Three houses in the neighborhood show as sold for $600K, but none actually sold.

[dtrump]

A friend of mine in Minnesota put his house on the market having bought it 3 yrs ago. He went to go rent a house thinking his house was gonna sale fast, but 2 days ago his agent called him and told him the market is super slow and that he should move back in until the market picks back up. He listed his house up about 3 months ago

[CHMichael]

A whole week longer? Oh nooo
You certainly have a point but it's not so much people not willing to spend the money but not having the money.
inflation seriously hit what's left at the end of the month.

[chs]

thanks for your honesty in this overpriced housing market!

[bluetulisia]

My mobile home park is dead, not maintained, and half of them sat over a half year on the market.

[billyjoesmo]

Byers Market? We need to have the depression first which is coming soon😢