The Housing Market Is Flipping OVER In More Areas

The housing market is still expensive, but there are signs it might get better for buyers soon. Homes are staying on the market longer, buyers are canceling deals because of high costs, more homes are for sale, and many sellers are lowering prices. While it's not fully a buyer's market yet, these changes indicate that conditions are becoming more favorable for those looking to buy a home. But this isn't nation wide, we will be speak to Anne Stewart a realtor in Portland to get her take on whats really going on in the housing market.

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Kristina Smallhorn
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eXp Realty LLC,2900 Westfork Dr. Suite 401, Baton Rouge LA 70817
225-246-1812, Office [phone] ext# 149
Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License 0912122918
Disclaimer:
LIVE STREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.

[kat]

We had a house in a flood zone, no basement and no way to ever be flooded. A few houses down didn't have to have it. We even wrote to HUD with no avail. Flood insurance was extremely expensive, and we will never buy a house that requires flood insurance again.

[foodcraftsmore]

Thank you for the very informative show. We watch it pretty regularly. One thing I would like to mention is that the running light around the screen going circles is very distracting. I am getting headache. Please avoid it, if possible. We really enjoy your content.

[suen]

Much of the apartment inventory is "luxury, " which is all marketing. It's about time they reduce some of those rents to something realistic.

[latonyalee]

I been sayings some of these reports are simply fear tactics. I live in North Carolina where I've found several homes under $300, 000 and some around $200, 000. These extremely high prices are focused on houses that most people should not be buying in the first place ($500, 000 and up). They are really big houses that most people no longer want anyway.

[tracyaminute]

Realtors never want to say it’s a buyers market 😮😮 they are always for the seller bc it means more money 💰 for them.

[falsificationism]

Really interesting to learn about the Portland market limiting building boundaries. What a great guest!! Sorry, I missed this one live. Followup question for any smarties reading this:

In Portland, they limit the building boundaries, which puts a floor on any downward spiral in housing. But since it limits building, doesn't that make housing prices higher than they should be? And therefore, doesn't that increase homelessness, since housing costs and homelessness are positively correlated?

[allisondavis]

I look forward to the dancing! Your so upbeat and funny and extremely informative at the same time! Don't change a thing!!!

[tracyaminute]

My market is coming down in price and houses are sitting and sitting and sellers are foolishly holding on to their unrealistic price. But I say in large part it is the fault of the realtors bc the realtors I have talked to live in an alternate reality of “oh it’s a great market” meanwhile houses sitting and lots of buyers backing out …..highest level of terminations ever.
People are tapped out and sellers and realtors and the market just won’t realize that. And a buyer won’t deal with it. Sellers and realtor need to get a clue. But they won’t until they are forced to by hard hard stuff.

[eriwendikhaila]

I was 32 years old when I bought my first home in 1997. I still live in that house.

[Pragmatistst]

It's not any kinda market until/unless the prices make sense....

[JKART-dojc]

The red and blue scrolling the screen is distracting. I can’t watch with these lights and i like your show.
.

[bentleymalshi]

The housing market is not only flipping in other areas but is now doing somersaults in all aspects of our lives.

[thiskiddyahoo]

Yeah Sir Ashley! I like your little black rimmed glasses and cute hair-do today Kristina.

I disagree with one thing about developers, in Sacramento there are neighborhoods of 1980 Half-plexes, they are 2Br/2Bth (Some 3b/2bth) similar to a duplex but are divided by a very thick cement firewall between units so they are very sound-proof with separate utilities and separate fenced yards, they are sold as two separate deeded homes. Surely half-plexes that makes it affordable for buyers and sells more quickly, instead of one oversized overpriced home makes more money for them. They are missing the opportunity with their lack of vision and inventiveness and will suffer when no one buys even with their incentive carrots dangling b/c it is unaffordable for the median income. Prices need to be tied to the median income of the area, this wild dollar hungry "blame it on the market" is outrageous and self-defeating, who do they think they are kidding, They ARE the Market until dollars stop.

I bought my first home with 3 other friends at age 23 in 1981 for 78K, sold it in 1984 for 120K. I didn't buy again due to job closures, being a single mom, and eldercare until 2015 @age 60 just before the market soared out of range. Every dime I put into this sweet Half-plex is with the long-term in mind so my son will have a low maintenance home when I leave planet earth. Every parent should be making their exit plans to benefit their children/next generation.

[Bhartrampf]

Thats whats happening here in Montana, is worker's especially young workers cant afford to live here.

[cpborrelli]

If you want a house get one. We do not have enough skilled workers to keep up with demand. Rates are falling and as soon as they come down this inventory with be GONE! We have been definately selling

[Kenzie_Hill]

Ppl are buying at a high rate they cannot afford just hoping they can refi later when fed rate drops. It's a risk ppl take because prices will go up when supply goes up & rate goes down... plus competing with deep pocket, cash heavy corporations is impossible to win in a bidding war.

[jenifersvdubfreeland]

Your theme song is the and your blue and pink light around your video🎉

[cfoster]

Yep, bought our first home at 35 and same as you we would not be able to afford to buy our house today. This wasn't intended to be our forever home but the way these prices are...looks like we'll be here for a while.

[dwoods]

Hi! I love your show...it's very informative! Here in Charleston housing is crazy as well... hopefully it's not like this everywhere 😞

[KaliBahayKubo]

Lord said to love your Neighbor as you would your self... .also Love your Enemies...because they ARE usually THE SAME PEOPLE..🤣🤣🤣