Housing Market Collapse Confirms Rate Cuts

Housing Market Collapse Confirms Rate Cuts

Subdivision Analysis Form:

0:00 - Intro
1:10 - Obama, worse than the GFC?
2:25 - Bifurcated Markets
3:55 - Rate Cuts
6:30 - Leading Indicators
10:44 - George Bush, The Death of Free Markets
12:49 - Primary Leading Indicators
14:52 - Demand
17:55 - Alan Greenspan, Shocked at the failure
19:15 - Conclusion

FREE Helpful Links:
1. How Much Interest Really Cost Calculator
2. How Much Can You Afford Calculator
3. Debt to Income Ratio Calculator
4. Amortization Calculator
5. FHA Loan Calculator
6. PMI Calculator

Data Source:
1.
#HousingMarket #HousingMarketCrash #MortgageRates
Mailing Address:
2261 Northpark Drive #2118
Kingwood, TX 77339

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Real Estate Mindset or Travis Spencer are registered financial advisors. Your use of Real Estate Mindset's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Real Estate Mindset does not establish a formal business relationship.

[DonaldMark-nese]

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

[sirheisenberg]

I predict a housing crash due to people buying homes over asking price, lacking equity if prices decline further. Foreclosure becomes likely if they can't afford the house, and selling won't yield profits. With anticipated layoffs and rising living costs, many individuals may face this situation.

[Kin--]

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

[ErikPettit]

Travis - **no one is talking about this! I’ve looked at 30-40 different homes outside of Denver, and after looking under the hood, ALL have borrowed against their home! ALL! So they bought for 7-800k in ‘21-‘22 or earlier and have already taken 250k+ equity! The market is collapsing and and those who have taken equity, are propping up the housing market. They are stuck!

[Matt_K]

You're doing great work, Travis.
We've been in distress for over 20 years because government has been constantly involved in financial markets spreading their corruption like wildfire.

[makomakomako]

I think the first step is to clean the house. Audit the government, get rid of bad politicians, have people who care for others, and just have people who understand the economy not people who want to make money from US.

[peterburanick]

Having worked as a builder in 08, it's all a SCAM.

[PARADISE]

How are people paying 3k monthly for those houses not including gas, water, trash, car payment plus groceries plus side expenses that's like 5k a month now do that for 30 years

[Tamrushka]

Prices of Houses way too High !!! Homes sitting > 30 days …. I stopped looking …. In Michigan

[Kevinsouth]

Great to see Greenspan admit being wrong. Ron Paul tried for years to get him to see the error of easy money and central banking. May the days of Greenspan v Ron Paul be understood historically as the clash of monetary titans and that Paul was right. Travis, you're hitting on all cylinders! Thank you for the work you're doing.

[joemartin]

Out of the park Travis!!!! You're on fire! Good stuff brother

[santiandres]

No, No, No the United States can not lower interest rates, since no other country will buy U. S. Treasury Bonds if

[realassetsteam]

I've seen several sellers in my local market just take their homes off the market

[GTPInternational]

They can cut the rate to zero! Nothing will change!

[CurtisRylant]

Haven't seen a collapse yet. My market is still way higher than even 1 year ago. Now with rates coming down it will put even more pressure on prices

[Mind_Breach]

Government, corporations and corruption.

[mrscassandrasolano]

I hope it’s obvious BOTH political parties have acted in the interest of the elite for decades and we don’t owe either our loyalty

[angelaclark]

Thank you for informing a largely clueless audience and SPECIAL thanks for offering solutions. Please include 'steps you can take' and 'simple ways to get involved locally' to leave viewers with a call to action so the doom and gloom can be mitigated. It's not about covering our own losses anymore, we need to look out for each other now. ✌

[mikem]

List Price is WAY WAY MORE IMPORTANT THAN THE INTEREST RATE.

[ronedwards]

No cuts are coming. They just make you think it to keep suckers buying