ZILLOW FLIPS On Housing Market

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ZILLOW FLIPS On Housing Market

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Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this

JackWalsh-dh
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Zillow and Redfin are responsible are part responsible for these artificially inflated home prices.

CraigC-hb
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You can't trust Zillow. I tried calling them 3 times to get an incorrect selling price changed on my house.

anthonygood
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Trusting Zillow is like trusting the banks

magicalwishes
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everything about real estate is a scam or racket from insurance to property taxes.

AlmaMelvin
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Travis, if I would have bought in 2020, houses would have cost, $250, 000. Now those same houses are 400k. People keep saying be patient… I have 4 kids and am at my wits end. Idk what to do anymore

andrewsmith
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35% under valued compared to what? The 60% Overvalued "comps" in the neighborhood? Your interest rate, Property taxes, Home Insurance, & Maintenance costs will destroy all "Equity" fast.

davidjaylaw
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2 years ago they told us that prices just HAD to go down if rate went up. 10% decrease in price for each 1% increase in rates. Well, that sure didn’t happen. Now we are being told that prices will do down if rates go down? What? If rates go down people will see an increase in buying power, hello bidding wars. When rates go down and people sell they will just be looking to buy another house. Unless rates are cut because of some financial calamity there is very little chance of prices going down.

hood
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My dude!! If they say down 1%, expect down 5%

The_Clumsy_Investor
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Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

LoveBugzz
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I keep saying 75% Drop across the Board all Properties and Double Digit interest Rates. As long as we continue to see a house as a Speculative asset we will always have issues in the housing Market.

lavoisier
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Almost all the layoffs are happening at the higher end of the income spectrum and those are the only people who can afford houses right now.

peterwilkinson
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Travis..a house that has a 24 year old roof may have had leaks, hence MOULD!! If anyone buys a house with roof that old, please focus on the attic, ceilings, etc. be SURE this is NO existing Mould. Mould can make you very Sick!!

AR-prmt
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"More population and less growth" in the current housing market, as compared to previous eras. Great observation, Travis --- another powerful factor that is rarely talked about when the media cites historical stats of the housing market, comparing "then and now." So the current slowdown, therefore, is even more

stedmays
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Destroy your cash flow? How on earth are you getting cash flow on a house your family is going to live in? Are you charging your children rent?

nicweethee
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Unfortunately, others will also see there is 35% equity in the property, and if Travis makes an offer at a 35% discount, another buyer may not be as greedy and may make an offer, which gives him 20% equity. I can only imagine what Travis' family is feeling, as they look for another house to rent and continue the waiting game of finding maximum equity in their home purchase. I wish Travis the best as he, his wife and his children need to all be on the same page as the waiting game continues.

BHarrisUSA
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New Orleans info for you. They just approved another 20% increase for insurance above the already obscene prices. 7.5 is wayyyy too low.

radzer
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I followed him for a year and a half and he kept predicting a crash the whole time. He talked extensively about Texas markets where there is tons of new inventory being built which is not useful for much of the US. Someday he will be right.

usamac
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Smart of you to hold back on house to do with a family...but best

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You’re 100% correct for😂 thinking it’s crazy for prices to increase 40% in four years!! What is going on??!!

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