Housing Outlook 2023: A look at rent prices, mortgages and interest rates

Yahoo Finance Live anchors and guests dive into forecasts and predictions for home prices in the real estate and housing market amid high inflation, rising interest rates from the Federal Reserve and worries of a 'house recession.'
#housing #market #news
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[tampabayrodeo]

Really enlightening. Great Similarities to the stock market. Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation

[Seanpfree]

Couldn't afford my first home at 34 y/o 2 years ago when rates were low, now it's impossible with rates going so high so fast.

[DebraJohnson]

Homes are very unaffordable. The $300k house example does not include insurance and taxes. It costs way more than an apartment. Houston and Dallas used to be affordable but now the influx of people from more expensive areas has driven up prices for locals. It’s sad.

[alonalgr]

“Housing is doing well during a recession”
That’s because typically interest rates are lowered during recessions. This time is different, rates will stay high. Also this recession is preceded by a housing bubble.
Housing is only starting to go down.

[risingphoenix]

it is absolutely you really think people can afford homes at these prices? the average home being $400, 000? These media outlets are absolutely ridiculous.

[senmcquire]

Redfin data shows sellers are dropping prices fast and lose. 20% discount from 4 months ago. She’s pretty disconnected on this topic.

[senmcquire]

Says Previously aired on June 30. Lots changed. Why would you show that..????

[joseco]

What is this lady smoking? Prices are going to collapse. Talking heads were saying that same thing back in 2007. Affordability is an all time low.

[bbustin]

if you think about it RE has never had the FED in the history of the American economic system creat a FOMO and artificial interest rates and a historic inflation.

[harmoni]

Please stop inviting the REDFIN guy he always makes housing market looks better than it is. Tired of his lying. He was the part of the reason we are in this mess, We want hear from ordinary buyers opinions.

[JG-rebb]

why would anyone listen to Suze Orman about anything?

[deborahbailey]

You want to fix some the housing market stop letting buyers park the money in real estate and leaving house empty its wrong and middle class is ending on the streets

[fafa_]

I don’t know much about economy but 30 seconds in and she said real estate ALWAYS doing great in recession. Please Remind me again what’s the reason we have big crash in 2010 and how it effected all sort of portfolio?

[steveknox]

Rogers Healy is super articulate, smart, rationale and credible.

[JuanRodriguez-qlzu]

Suze is terribly wrong, this market is going to crash bad. There is no buyers, in my block there is 5 empty houses for sale. Three of them have been in the market for over 3 months.

[jesusaguilar]

30 percent correction on the way or worse. They have been revising their forecast down for a couple of months now. Watch as the months go by, they will continue to downgrade the house market. By November this year the story will be more negative for sellers.

[Rickyyhu]

Coming from a real estate professional that likely lost a lot in 2008 as well 🤣 She lacks economic understanding of quantative easing. Typical real estate person

[amiramiri]

Why they don't answer the question... u can even say I don't know.... rather than talking for hours and confusing ppl ...

[AP-flhr]

A 120k house is $1100 per month. A 1bedroom is 1k per month. How bad can it be?

[DJR]

Gonna crash… the writing is on the wall. Cheap debt created artificial demand. Now that rates are going up and debt is more expensive. People can’t afford homes. Inflation isn’t helping and if rents keep going up that market is gonna break too.