No video :(

San Diego Home Buyers: Will Biden's Plan Help You?

Подписаться 10 тыс.

50% 1

President Biden just announced a new first time buyer program. What type of impact will this have on buying a home in San Diego? With President Biden's new first-time homebuyer program offering a juicy $10,000 tax credit, and aiming at building 2 million new homes, we're hitting the streets (and some spreadsheets) to see what type of impact that will have on the San Diego home buyer market. Whether you're a seasoned investor or dreaming of your first beachside bungalow, this video is your go-to guide for all things San Diego real estate.
Articles covered:
1. www.cnn.com/20...
2. reason.com/202...
3. www.whitehouse...
📅 Schedule a Free 30 minute Discovery Session with Dan Parker and the Best Life Home Team today and take your first step towards your dream life! Book now at www.bestlifeho...
📍 Plan out your relocation to San Diego with our Relocation Guide Blog Post - www.bestlifeho...
👋 Need help with finding your perfect home? Connect with us! Shoot an email to info@bestlifehometeam.com or give us a ring at 619-719-1122.
💥 Subscribe now to our twice monthly Newsletter and stay on top of the latest trends, tips, and tricks. 🔗 Follow the link to sign up: bit.ly/BESTLIFESD
🏠 Check out the hottest properties in San Diego with just a click: www.bestlifeho...
💡 Want to know the value of your current home? Use our ACCURATE Home Value Calculator and find out now! www.bestlifeho...
💯 Need an agent recommendation outside of San Diego for buying or selling? Check out our list of preferred and vetted agents around the country - homeandmoney.c...
🙋‍♂️ Follow Dan on Instagram for daily inspiration and updates on the San Diego real estate market: / danpbestlifesd
Dan Parker & the Best Life Home Team, Brokered by Real Broker | DRE 02043651
#livinginsandiego #danparker #bestlifehometeam

Опубликовано:

16 мар 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 17

@DanPBestLifeSD 5 месяцев назад

Was it just me, or was my one rogue hair distracting? Anyway... What do you think, is this good or bad for the housing market? Start a convo below. Interested in how Biden's plan impacts your San Diego home search? For personalized advice on buying in San Diego County, reach out to our team. Contact me at info@bestlifehometeam.com or 619-719-1122.

@Themaneman464 5 месяцев назад

I appreciate your honesty in this video man. Very few people are addressing the supply issue. Biden is proposing a similar plan Obama put into place during a time when demand was at an all time low and massive depreciation was taking place. I can't understand how that same approach makes sense today when prices are sky high and demand is still high relative to the amount of supply. I'm curious how this will play out. Hoping to afford a house in this great county eventually.

@DanPBestLifeSD 4 месяца назад

Thanks for the response. Hoping you the best on your home buying journey. I did a video recently on "how can anyone afford a home in San Diego". You might get some good tips to help you get your way into a home sooner than later. Best of luck!

@ThinkTwice2222 5 месяцев назад

I just bought the house for $1M+ ...re: all this free my money... Am I just screwed?

@ALLworldCONSTRUCTIONLLC 5 месяцев назад

With SB9 and NAR ruling, inventory will increase. My theory at least

@DanPBestLifeSD 5 месяцев назад

SB9 will increase inventory, but I foresee it mostly being units for rent. It will be interesting to see how it shakes out. How do you see the NAR ruling affecting inventory?

@deweywynn 5 месяцев назад

Great post

@DanPBestLifeSD 4 месяца назад

Thanks!

@Kennycole2002 5 месяцев назад

1. He can’t loosen regulation because it impossible to pass a law allowing Fed govt to supersede local zoning laws . Such a law will be dead on arrival both in a democratic or republican led congress 2. He can’t influence rate cuts because the Federal reserve board controls that , not Biden . Even Trump couldn’t influence rate changes . As it is , the govt should have no influence on federal reserve for obvious reasons 3. The 500K non taxable incentive if you sell your primary home seems adequate to me . I do not think increasing that will lead to more people selling their homes in this climate of high interest rates and skyrocketing prices . Even if that was done , one can make an argument that it invariably may lead to increase in inflation due to high demand for real estate so pushing prices further up. I agree that his proposals will not do much but at the same time , it seems more feasible than the solutions you proffered

@DanPBestLifeSD 5 месяцев назад

I appreciate the response. Yes, I understand the Fed Reserve is not controlled by Biden and is technically not a part of the federal government, that aspect was more a message to Jerome Powell. There are people in charge that directly affect the Fed Funds Rate, and it's time for them to land the ship. And valid point on the local zoning laws, but there is no question a president can influence those decisions, and put rules in place to help states and counties move into that direction. I completely disagree with your 3rd point. Why should anyone ever have to pay taxes when selling their primary home to purchase another home? A lot has changed since 1997, and this just isn't sufficient enough for 2024 and beyond. This could have an immediate impact on the availability of homes for sale, and would not increase inflation because the only new demand for homes would come from a new home sale at the same time. Right now we have 8-10 potential buyers for every home for sale. If we increase the inventory, even if they have to buy a home too, it's still making the pool bigger and easier for buyers.

@billsilva7932 5 месяцев назад

Dan I agree with the cap gains being dropped on primary residence. Between my primary and rental my cap gains is around 1.25m. that's what's keeping me from making a move to San Diego from San Jose. Fyi the government has affected interest rates .During trumps presidential term ,every time Powell talked about raising rates to keep inflation in check he was brow beaten constantly. It's a matter of record now. With inflation , it devalues the purchasing power . Eight years later now we have an affordability issue. Where I live it's 400k income to buy a house. Crazy yes but I've had tenants with that income?