The Housing Market Is Finally SHIFTING

Inventory is growing, housing affordability is getting worse while house prices continue to rise BUT there looks to be a change on the horizon. How will this affect the 2024 housing market? In this video, we discuss the changes that I'm seeing as a 20 year veteran of the real estate market to help you make better decisions of you're planning on buyer or selling a home in 2024.

HOME BUYER RESOURCES:

🎙- The Educated Home Buyer Podcast - @TheEducatedHomebuyer

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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty

#housingmarket #firsttimehomebuyer #realestate

[esselfly]

I’m in LA. I don’t get how there’s all cash offers unless these people are selling their homes for more than the next one they’re buying. But with average home price in LA probably over 1.5 million, who would sell their house to go into something cheaper. Where is the money coming from?

[keahenuuhiwa]

The video is very difficult to watch as it’s constantly shifting zooming in and out.

[HaNguyen-dyxq]

Great video, thank you for the updates

[miamivlad]

Great stuff. I use your channel to stay on top of the general housing market.

[notnotnever]

Not expecting a buyer's market anytime soon. I'm grateful to be done shopping for a home.

[PROTOANYTHING]

Your videos and information is coming out better each time. Amazing summary mate

[danolanater]

Congrats on 100k subs. Your channel helped guide my wife and I in purchasing our first home 3 years ago. Keep up the good work 👍

[VuNguyen-xpqc]

All rich people with cash on hand can buy the house right now, nobody can afford $3000-$4000 monthly payment.

[ms.b]

In Denver, homes in the high 800s up to 1.5 million are moving quickly and are majority cash. Homes under $800k to $700k are very loan dependent and are moving slower and must be priced well and show well to move.

[craigcervino]

Im just completely confused by this market I see house prices very high low inventory but not alot of homes moving to contract in past month I have a home I put up for sale at what i felt was competitive to the others i feel and was immediately low balled with a cash offer but felt it was way to soon to accept a lowball offer in week but was under thought that homes were selling in 30 day but see many still 60 days listed are we in a holding pattern or are we slowing Im just wondering if i should have accepted the immediate offer sometimes they say the first offer is the best you might see

[beltran]

Show us the offers from all the buyers. So we can see if it's true that the offers of the buyers who wanted some compensation for using you as their agent were not as i would love for you to prove our thoughts wrong!!!

[Peakshots]

Congrats on 100k, love your content! It is super helpful.

[jk]

Always appreciate your updates. As a potential first-time homebuyer, i need all the knowledge i can consume. I am still deciding if renting is a better option for my situation. Keep em comin!

[NeoSoulCrew]

When you tell a crash bro theyre wrong they just change the time frame of the crash.

What do people think will happen to the low housing supply when the million of migrants start working and want a house?

[qqxzcuy]

Where I live the home insurance tripled. Some can't get insurance at all!

[Al-xbfo]

To my surprise homes are definitely moving quickly! We purchased our home 2 years ago and a home across the street just sold last month for 95k over asking and within 2 weeks of going on the market. The Bay Area in CA is still a desirable place to live!

[qqxzcuy]

If $5000 per year for home insurance too much? Nothing fancy, $1600 soft. That's what insurance companies have been quoting these days.

[sebastiannunez]

Is now really a good time to buy a home? I hear it's going to be a madhouse in couple of weeks. Just sold few houses in Tampa area for pretty good cash and I'm about converting to stocks while home crash sets to happen. I just want to preserve and keep growing my wealth.

[brianmurphy]

Giving them Commission giving or not you can’t represent them. Dual agency would mean you are not representing the seller or the buyer you’d need to disclose and step back from both.

[thedetective]

My brother made two offers on million dollar houses in SoCal and was outbid on both. The first house he offered $80k over list and lost. The house sold for $1.15M. The second house he offered $100k over list price and lost. It sold for $1.25.