Real estate outlook for 2024: What will the home market look like?

The Bank will be responsible for any foreclosures they should not appraising the overpriced 🙅🏼‍♂️🙅🏼‍♂️🙅🏼‍♂️

please stop screaming at me at the end of the video kthnx

Adjustable rate mortgages are a great idea!!??!!
crap here we go again.....worked so well 2008ish right!?????????????????????????????????????

Who’s this chick, God?

An arm will cost an arm and a leg

Back in 1984 my parents bought a house and the interest rate then was something like 14% and they went with an adjustable and it worked in their favor- idk if I would ever do that

While these housing prices are ridiculously stupid, pay off debt, save, and travel (if you can) .

Did the reporter just recommend an adjustable rate?
And why did the other lady talk like prices aren't still at 140% the prices we saw before 2022?

“Boulder Colorado” 😂😂 good luck buying anything decent for under a million in Boulder..

Buffalo, NY is the #1 projected place to buy in 2024 on Zillow.

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Rates need to increase. These prices are unaffordable. If the house prices go up when the rates come down, idk how people are going to afford them.

I disagree with all of that, at least in my region. 😊

I cringed when the reporter said a mortgage with an adjustable rate might be a good option .

It’s not the rates. It’s the prices lol. She has no clue how hard it is for the middle class to afford a house

Did I hear that right????!!! Encouraging adjustable rate mortgages! That is gambling with families homes!

enflation goes down eveything gies down,

DO NOT BUT A HOUSE WITH ADJUSTABLE RATE!!!!!

Tell her to please pray for prideful women's rights and thy redundancy friends and sisters who will always remember your help with everything you poor old pooky loves you creams and your family of all prideful women's health care insurance are filing for bankruptcy and homeowners insurance may filing bankruptcy and car insurance companies are filing bankruptcy

the rates are moderate, people got addicted to free money and now that its priced, they believe the rates are high. back in the late seventies rates were in the teens, THAT is high. 6%, 7%, those rates aren't high at all. the wall street investor groups aren't going to start selling the thousands of rental properties in their massive portfolios because if they did they would no longer be sucking in the billions of dollars they are making to both recoup their spending, and finance their FUTURE purchases. there aren't enough construction workers to produce new homes fast enough as well. home prices aren't coming down, EVER. rates don't matter that much, unless they rise from where they are now. that ain't happening. don't buy a condo though.

The housing market is supposed to work in a certain way - people sell their homes to downsize as they age, become empty nesters, or upsize to support their growing family, and builders construct new homes. These activities create a balanced housing market for both sellers and buyers. However, the current housing market is different. Large corporations such as Zillow engage in market manipulation for profit, Tricon Residential Inc. purchases single-family homes and turning them into rental properties, and ‘Ibuyers such as Opendoor Technologies Inc. purchase and hold houses waiting for prices to increase so they can flip them for profit, among others, heavily influence today's market. Unfortunately, these corporations are negatively affecting home affordability for everyone, including both buyers and sellers. Therefore, our national, state, and local community governments must take into account the harmful effects that these organizations are having on home affordability and the entire economy.

I never thought I would vote for Trump until Biden created the worst housing unaffordability issue we’ve ever seen by creating this bubble with ultra low interest rates

it will go up forever obviously.

See how they move as they speak on different topics

Housing prices aren’t expensive enough. $1 million condos or no deal

I get all my financial advice from the Today Show 😳

yeah we're gonna see another 2008

Worse! Prices are still ridiculously inflated and the FED is already planning to pivot by lowering rates.

All they seem to care about is getting people up over their heads in forever more debt! 😳

Austin????? WTH. Yeah, these are paid actors…. these news folks!

keep building those 600$< homes and wait for laid off/evicted people to come bidding for them. keep dreaming!

Smh at pushing the AMRs.

We need to incentivize building, reduce legal red tape, push investors out, get rid of tax deductions on home ownership outside of primary units, and upzone in major cities if this is to be affordable again.

Liars

Wow, please don't listen to this so-called expert, she will drive you to some of the most expensive markets (Texas & Boulder, CO) for housing today and have you in an adjustable-rate mortgage that will more than likely blow-up in your face down the road.

Austin and Boulder are fringe locations?

Dude recommend adjustable rate mortgage. Hahaha

Sellers won't be selling in mass. Rent will continue to rise. Inventory will continue to be low

Realestate EXPERT / BROKER 😂😂😂😂😂

Who can afford a home today?

Fake news on inventory.

Need congress to get involved with this not fair market and these dealship need to be fine.this way it will be less stress on banking systems

Please stop moving to Texas 😭

Me: wow, it would be nice if some people would sell their properties and give the buyers a chance.
Also me: I've got my 3.6% rate and I'm not selling any of my houses.

Why did you have to move infront of a new tv in order to say all of thatm

Realtors are useless people - they have no idea about market - instead interview buyers

People have to say goodbye to low rates? No. Unless you have to move then you don’t have to. I’m at 2.0% — my interest is $400 per month. If I were to buy the exact same house today then I’d pay about an extra $800 per month in interest — an extra $800 just in interest or $9,600 per year. Another thing overdue for a correction is realtors. Many have already gone after the selling agent commission and gotten them down to 1.5% but the buyers agents are still at 3.0%. The median home price is over $400k so that means you’re paying over $12k — just the buyer’s agent — to have them call the selling agent to look at a house that their clients already found online by themselves and decided they want to look at it.

No Phoenix. No Las Vegas. Interesting.

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Please let it go down