Home prices crashing faster than 2008 (for new homes)

A lot of folks have been going on about the bull rally and said stocks that would be experiencing significant growth, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?

Buy downs usually set up for a collapse and the builders don't care. Selling home that people really can't afford!!

You ignored Gen X buyers.

It does not matter its only in some areas and it won't be afordable again

Home values are declining rapidly in Massachusetts and New Jersey.

My pal in Cabo told me RE is beginning to turn around there to the downside. I wonder if Mexican REE will also correct downward as USA housing collapse occurs?

I live in Indiana. And my payed off home only keeps going up in value

You’re dumb asf if you think housing is gonna crash lol

BlackRock owns 30% of all the homes in the US?

In addition, 3 billionaires own 30% of all farmground in the US.

But, BlackRock and billionaires pay out more money to your senators and congressman, than you do.

So, you lose.

This guy is full of sh!t. Started in 2022 "within 6 months its going to crash worst than 2008" BS.

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

This is embarrassing; he's been predicting a housing crash for years. Can anyone say inflation?
Venezuela had a massive economic collapse, but home prices in Venezuela are higher than they've ever been.

You been talking about housing crash for 4 years straight now and prices is not even going down

He has been talking around housing crash for years. Today 4/10/2024, cpi coming hotter than expected and shelter rose 5.7%.
Ppl cant afford housing. How does he reconcile it to real data?

As a realtor in my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

I have heard this so many times. Nahh.

Housing is increasing at alarming rates, get your statistics correct!

Can you disclose your total asset brought while u create panic market among buyer

I don’t call it a callapse. Houses were way over priced.

Housing crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?

Houses are now like concert tickets. You can’t find them and when you do they cost too much

The housing market is the last thing to fall. You need mass unemployment and stock collapse for speculators and regular ppl to sell. Do you know how long it takes to foreclose? Ppl will sit in their houses as long as they can.

lier😂

Penise.... It's crashing the sky is falling.It's crashing tomorrow

Here's an apple. You can have it for $35. What? That's too expensive? Let me knock the price down a WHOLE 20% and you can have it for $28.

Lmao come on man. Crash? I heard this shiet 3 years ago.

It's an election year, they need for the sheeple to keep seeing rainbows and unicorns!

That doesn’t mean anything. Foreclosures aren’t even close to 08 levels yet. The only people being foreclosed are the ones that didn’t buy at low interest rates or people who jumped on the Airbnb wagon.

Well in Nashville hasn't come done yet ! It's still overpriced 40 % ! It's insane!

No bad news will be reported if it can be hidden from the public since it is an election year.

🤔 I disagree. 20% decline is not a massive decline. 50%, 60%, 70%, and 80% are massive declines. You're too young to know. ☺️

They need to cut prices moreeeeee. Duh.

There all in it together the sales of homes in Florida are ridiculously over priced that 25% deduction is based on a way over inflated home prices going back to the 90's .

The prices have gone up by 35%

It doesn’t feel that way in Texas. We had a whole lot of Californians move here from the exodus

Of course they're (bankers and their media mogul cousins) hiding the data , they don't want you to know that you're being gleeced until AFTER you've been fleeced. Anybody that bought a house in the last 2 years will be crying the blues within 24 months.

Home builders will become landlords.

Not in CA home prices never go down especially in the Bay Area

I'm willing to bet you don't even own a primary residence. You've been squawking about a housing crash for 4 plus years and you've been dead wrong on a consistent basis!

Today I drove through Leucadia & Carlsbad on the 101 hwy and found 5 homes for sale in less than a mile and this is on the highway.

These are ARM loans that mature in year 5

Still not buying till the rates drop

not in nj houses rise 8% this month

Brain said no housing collapse until 2029.....

In R.I. and Ma it is only going up.

just bought a home in Houston spent probably 150-200k more than I would have in 2020. Inflation/bidding wars, etc drove up tehse prices sky high

Prices escalated so much so fast that it will take a LOT more than 20% off peak to make them reasonable