👋Thank you for watching! ➡ Helpful Resources ⬇ 📘 Download the FREE Home Buying Process Infographic ➡ www.hometribeteam.com/homebuyingprocessinfographic 🔍 Get Connected with a TOP Real Estate Agent Near You 🔍 ➡ homeandmoney.com/andrew/ ‼ If you live in the Las Vegas, NV area - Yes, I am accepting new clients. Get in touch at www.andrewfinneyteam.com Thank you. 🏦 Explore home loans & HELOCs with the best mortgage rates ➡ offers.bankrate.com/mortgages/br-branded/ 💰 Get the best rates with the best credit score - with ScoreMaster, the average credit score increases by +61 points in 20 days* ➡ www.scoremaster.com/andrewfinney ✅ Watch Next ➜➜➜ru-vid.com/group/PLRT4sgnCVqNeGP_G3bc0vaVFM3leUfdWy
Hey Terrill. WOW! I can feel the emotion in your comment. Thanks for watching and for sharing with us! I'm sending you positive vibes everything goes your way!
Andrew! Your content is a breath of fresh air! After listening to hours and hours of doom and gloomers, I'm in desperate need of an objective perspective. Thank you sir
Thank you for watching and for your kind words. I hope everything is going your way. Wishing you and your loved ones a very Merry Christmas and Happy New Year. Peace be with you.
I will never understand that comment at all. If what goes up, must come down, then why have homes been up every single decade in history? Fact is, home prices rarely ever come down, and in the longer term, they always increase in cost.
You're channel is my newly most watched because what you are saying are more in line with what is happening in my Queens ny housing market. Great job!!!
Subscribed. Thanks for this video. It's SO needed right now. Personally my opinion is that home prices will decline to 2020 levels. I believe ZIRP unsustainably pushed prices up over the past two years and now with higher interest rates/recession/etc, prices will trend lower. But I think home prices before 2020 were relatively stable considering that enough people locked in low interest rates. In any event, the real estate market will not be like 2008 IMO, unless the world goes into a depression. But if that happens all bets are off anyway.
Thank you Randy! Welcome aboard! Indeed and agreed. Did you happen to catch my other housing market forecast video? If not, here's the link ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-0AaULWe9hhs.html Thanks for watching. Sending you positive vibes everything goes your way!
I'm a retired vet. And I'm interested in buying a home. We have a cola increase coming in January, should I contact a broker now or wait until after January?
Hi Chi, thank you for your service and for watching. Excellent question. In this case, it depends on when you plan on buying your new home. It never hurts to reach out and build your home buying team before you think you're ready. Doing so will help set you up for success and give you the time that might be needed if anything needs to be addressed/ fixed first. To better help out, please feel free to contact my friends in the link below to find a top Realtor near you. homeandmoney.com/andrew/ I'm sending you positive vibes everything goes your way! Wishing you and yours an incredible 2023!
Not my predictions my friend. I was shared a survey that was conducted by The Mortgage Reports. For my own thoughts on this topic, watch this video ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-0AaULWe9hhs.html
Thank you Ravenna! That means a lot to me and glad you enjoy them. If you have any topics you'd like to see me cover, please let me know. For now, I'm sending you positive vibes everything is going your way!
@@AndrewFinney You are most welcome. In addition to information that effects all areas of the U.S., such as changes made by The Fed, I am interested in how these types of new changes impact real estate markets in multiple states around the U.S.. Just a thought :)
I thought about same thing, if interest rate should fall again after this first sharp fall, it might make a slight difference. Hopefully inflation will ease
I wish everyone shared your thoughts about what a home is. I also agree with your thoughts about fear bating on utube. Lots of shouting about how “the coming recession” will cause a crash. Unemployment reached historic lows so the recession hysteria is confusing. More important is affordability even if there is no recession. Greedy flippers and investors don’t help. 2-3% interest rates were unusual so folks need to alter expectations.
To be honest I don't much about him. I simply believe, we as humans, should all treat each other with respect, love, and kindness, take good care of our world, care for each other, and put people before profit. I'll have to look into Andrew Yang sometime, he sounds interesting.
@@AndrewFinney You're super nice. He wrote a book called the "War on Normal People," which shifted my worldview quite a bit. Many of his predictions haven't played out according to his predicted timeline, but his vision for a human-centered economy really stuck with me - essentially people before profits. Thanks for the great video.
Thank you Terrill, so are you. =) I just got the book on Audible. I'm looking forward to listening to his book and his vision for a human-centered economy. My pleasure. If you have any topics you'd like to see me cover, please let me know. =)
If it doesn’t crash. It will be horrible. Inflation will continue to destroy lives. I sure hope it burns to the ground 50%. And there needs to be massive massive layoffs.
13:57 Fed has 99 things to worry about and has stated clearly that housing is not one of them. He re-iterated that house prices have shot up and then said "The housing market needs to get back into a balance between supply and demand." - Powell. He said this in November. Not in June. Then goes on to say ppl are rich they can take the hit. Finally ends with saying, yup we understand the effects (so telling the reporter to stfu already).
What I mean is, IMHO, MBSes are rolling off and the Fed is NOT going to buy more for at now till 2023; hell he was asked in september about selling mbs and he said while he would just let them keep rolling off, selling mbs was "something I think we will turn to". Selling, not buying. The way he said that is more like a.... if the housing market dares to get hot again, I will keep it firmly under the heel of my foot by selling MBS.
@@blakejohnson3864 If powell does not work absolute magic in the coming years, we are gonna blame him for all the homelessness and all the household formation reduction in the USA for the decade of 2020s. It'll be known as the terrible twenties. The decade where the american dream died and USA started to mirror birth rates of east asian countries.
Stop living in LaLa land, crash is already underway, and nothing you can do about it. Don't buy a house now if you value your money. Wait and you eill say thank you.
"Once time is spent it's gone forever". That is what I needed to hear. Perfect. I am 66, made $950,000.00 capitol gains from a property I bought in 2011 and sold 2 weeks ago. (an investment of $75,000)plus about 45,000/yr in net rental income. Amazing. I am feeling that I have to buy another property to save about $280,000.00 in the combination of tax and Medicare punishment premiums. The problem is, I do not want more rental properties. I am really thinking about the time I have left and it is so hard to override the program of "investing". Property requires time, money and management. Yes, it can make money. I may not have too much time left to spend my energy how I really want to. It was good for me to hear this. Thank you!
