Housing Market FLASH CRASH MAP 2024

Housing Market FLASH CRASH MAP 2024

Check out Lance here:

Subdivision Analysis Form:

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]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[KimJimCastro]

In 96 my mother worked for $11 an hour 50 hours a week and was able to get a 48k mortgage on a 1600sqf home from saving $200 a month for 2 years.
Now I make $21 an hour 55 hour work weeks and... I live paycheck to paycheck in Lowe income government assistant housing because renting anything else would eat 2/3 my paycheck. I'll never afford to buy a house

[John-voiv]

10% reduction is not enough when homes are 40% overpriced.

[marycollins]

Thank you. One thing I love about your channel and others is that you introduce me to new and independent guests who really empower.

[ScottandRose]

Hallelujah!!! I’m blessed and favored with $60, 000 every week! Now I can afford anything and support the work of God and the church. For Your glory, LORD! HALLELUJAH!

[robgeorge]

Great work Travis. I have to be honest, I don’t think it matters anymore whether you call it a crash or a correction. It becomes a Symantec argument like asking if you have been hit by a tidal surge or a tsunami- what does that matter to the people going underwater? To me the key indicator is sales data. Price is irrelevant if people aren’t buying, and 56000 are pulling out of pending indicates that the few not on the sidelines are having second thoughts. It’s cause and effect, no matter what the cause (mortgage rates / unemployment / inventory / affordability / insurance / price / etc.), the effect is that less and less are buying and waking up to reality.
I get the feeling that no matter what, you will be able to look yourself in the mirror and say that you helped and be proud of your efforts to educate at this time. I wonder if all the influencers saying that this is still a good time will be able to do the same?
Keep up the good work brother.

[JGFowler]

A 5 minute lecture on the term correction. I’m glad you chimed in.

[JoshC]

Homes are taking longer to sell in every market. However, home prices aren't really dropping in a lot of areas. The greed is still very high!

[nuki]

Second visit to the site.
Good stuff!

[ajdigifuture]

Travis!! You are absolutely KILLING So much light on RE. Keep these awesome interviews rollin!!!!

[gipsytree]

Lance dancing with one rental & real estate mindset 😂

[marymagnuson]

Maine still has high prices but nothing north of the western shore are not selling. Lots of empty homes around and tall grass. Still have people coming in from NY and Mass. They will last a year if we have a bad winter.

[mle]

So.. he doesn't think the housing market prices will crash?

[raymond_sycamore]

Thanks Travis and Lance.

Sorry had to leave the Discord, brother. Too many toxic egos using the platform to put others down.

[stevenevangelist]

Fraud, corruption, etc. Has anything been done?

[codystone]

How do you suppose that all of the off market transactions affect these distressed numbers? There are nearly more wholesalers than realtors. More creative financing investors doing subject to and seller financing transactions. I’d go as far to say that 25% or more transactions are happening off market

[anomaly]

Wouldnt a 10% correction in home prices benefit homeowners through lower property taxes or will the CADs ignore that and continue to raise appraisals?

[CrashBr]

I agree with the correction vs. Crash analysis. Although... CorrectionBro just doesn't have the same ring to it.

[darinthesecularspiritualist]

Prices need to fall to 2008. This was the start of your inflated price

[TheEdzy]

All the money the feds printed. Kept kicking the can down the road. All of it will crash at some point.