Is A Record High Housing Inventory A Buyer's Dream Come True? 

We are in a CRASH Units are at the lowest levels in 40 years Reason PRICES are not crashing is SUPPLY / Demand in balance if we had MILLIONS of homes that needed to be sold due to Foreclosures New Construction and also EXISITING homes for sale then we would see a PRICE CRASH as of now the inventory, even at the record 600% increase as those state, we are not even at normal levels Its like Foreclosures. There was a moratorium during COVID and once it was lifted even a small increase LOOKS HUGE in percentage terms because of coming off historic LOWS.

How dare you sound like everyone in that video Mr. Frio just showed the viewers?!. Prices will never slightly correct. Offer asking price and keep it moving. Did you notice that video on 2-1 buydown Mr. Frio put out recently. No worries, I’m sure he’ll follow it up with more mortgage buyer friendly videos in the near future. Naa!, that’s as good as it’ll get so he can check that box. Remember, Mr. Frio wants you to buy now and Refi later. Because rates will come down tomorrow, you’ll see

Dan thinks everything happens overnight. Dan thinks housing only goes up up up. Dan needs commissions. Don't be like Dan.

Yes! But, most online personalities speak in national or general terms. Averages are going up, but the 700k and below market…. not so much.

@@andreatrulock5245 I agree with you on the CRASH portion of this. I CAN NOT see a CRASH!. Supply and Demand (though it’s not 2021/2022/2023 bad) is the biggest factor and the supply portion of it just DOES NOT lead me to believe that a CRASH is capable as it stands. Just don’t see that!. Can home prices correct?, I mean they could, but that doesn’t mean they have to. While at the same time, imo, I believe we’ve seen appreciation for the next 8 to 10 years, and I wholeheartedly mean that!. Buying a home now can be very costly and if you don’t know the financial side of it, can come at a loss. I believe there could be a correction and I firmly believe that’s what the Feds would love (hence one of the reasons for this higher for longer interest rate time period) to have happen but unfortunately we’d have to have an immense amount of inventory and that my friend takes time. Time is what we need!. But to think that this could never correct, that’s insane and mind boggling!. I wish you the best of luck and please buy smart. Make offers how you’d like to buy and don’t feel pressured by those whom live off commission, to make asking or over asking offers and then live in regret afterwards. They FEED and EAT off your vulnerability!.

My pleasure!

Shelter equivalent rents make up 40% of the inflation numbers that the Fed monitors When rents go up that pushes up the inflation number The Fed uses a year over year increase of 5.1 currently That number is closer to zero right now Once the Fed number gets updated this will dramatically drop inflation numbers Even the Fed agrees the number they use has almost a 1 year lag Great question

Glad you think so!