U.S. Home Prices Hit an All-Time High in April

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The median home sale price rose 6% year-over-year to $434,000 in April, driven by a lack of new home listings. The total number of homes for sale reached a four-year high, partly due to some homes sitting on the market after being priced too high. About 18% of homes had a price cut, up from 12% last year. Some Hot markets saw roughly three-quarters of homes sell for more than their asking price. Despite higher mortgage rates, buyers can still find some room to negotiate in certain areas. New listings increased, but remained below pre-pandemic levels, as many homeowners feel "locked in" by low mortgage rates.
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Опубликовано:

26 сен 2024

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Комментарии : 78

@ElizabethHanley-xe9zn 4 месяца назад

I love how high schools today are doing the early college/ high school option for highly book smart kids.. and finally bringing back trades for more hands on learners..both are needed . Congratulations!

@KristinaSmallhorn 4 месяца назад

I totally agree!

@suen5006 4 месяца назад

Thank you, Kristina! I love listening to you. I love that you have called out REITs as destructive to our country and communities.

@KristinaSmallhorn 4 месяца назад

I agree!

@IOSARBX 4 месяца назад

Kristina Smallhorn, I loved this video so much, I had to hit the like button!

@IOSARBX 4 месяца назад

Kristina Smallhorn, Subscribed because your videos are always awesome!

@pamcombs8986 4 месяца назад

Love your excitement over the bag, so cute! 😊

@KristinaSmallhorn 4 месяца назад

It’s such a cool bag and my 18 year old daughter who wasn’t that excited for it but once she saw it is so excited to use it for her work lunch bag. Oh and sneaking snacks into the movie theater. 😂🤣

@eattherich9215 4 месяца назад

It's a very stylish bag and nobody would suspect it's a cooler.

@kikigirlkauai 4 месяца назад

Kristina I wish I lived near you. You would be so cool to have as a mentor.

@SarahS1214 4 месяца назад

Happy Memorial Day too!!

@cb5516 4 месяца назад

Could I give up $25k so a stranger could buy my house in a neighborhood I no longer live in? What!?! After I sold it, bulldoze it for all I care.

@rosanneallen-hewlett9973 4 месяца назад

I'd give up more to fight greed and Big Biz, causing yet another housing crisis! You bet!

@bentleymalshi7953 4 месяца назад

Those gas-guzzling RVs are becoming more and more attractive option to help remedy our growing housing market crisis. Soon motorhomes and travel-trailers will be lining up every roadways and streets of our states and cities, and there would be very little the government can do to stop the trend.

@SmittyAZ 4 месяца назад

Have you seen how they're built? Plus, they are getting worse, the more they cost.

@patsfan8057 4 месяца назад

Go to L.A. S.F. and some of the warmer urban areas, the homeless are already doing that.

@bentleymalshi7953 4 месяца назад

@@patsfan8057 Exactly! It's called squatting on wheels.

@patsfan8057 4 месяца назад

@@bentleymalshi7953Yes, indeed.

@kikigirlkauai 4 месяца назад

Most mortgages will remove impounds once you build up enough equity. 30-40% equity and you can get impounds removed from the lender.

@KristinaSmallhorn 4 месяца назад

I should have mentioned that. You’re correct.

@francestesch4086 4 месяца назад

Pranzo bag looks cool!

@jackaboyx3 4 месяца назад

That purse cooler is DOPE!

@KristinaSmallhorn 4 месяца назад

I know. I’m so excited to get some swag.

@raymondlin8728 4 месяца назад

We found a very nice ranch 3 bed, 2 full bath, central air, heat, full basement, huge backyard, deck, , driveway, garage, for 280k . In central New Jersey, that was a great price. We got into a bidding war. Finally bought it at 310k. Recently checked. " Sell with ease 500k" kids going to college soon. I guess we could sell but where would we live.

@lisanowakow3688 4 месяца назад

Tell your daughter CONGRATULATIONS!!🎉🎉

@kikigirlkauai 4 месяца назад

Van or rv, security is number one. Deadbolts, extra security, cameras, alarms, window film that keep thieves from smashing windows in. So many women and even couples on utube have videos and stories that van lifers should be aware of.

@SmittyAZ 4 месяца назад

I watch the same. They usually have no cams and no motion lights and no ear-blasting sirens.

@ewetoobblowzdogg8410 4 месяца назад

One thing that no one seems to talk about is how Blackrock and all these other investment firms that scooped up a huge portion of the available residential homes are leveraged heavily. They have used the scarcity in the market to artificially inflate home values, but that bubble is right around the corner from bursting, as we all know the plummeting commercial property market will precede the same thing in the residential market. When that happens, don't be surprised if many of these firms become insolvent and a massive amount of homes are dumped for pennies on the dollar. That's when home prices will plummet to levels not seen since the 70's.

@kikigirlkauai 4 месяца назад

❤❤❤❤❤❤❤ exactly

@KristinaSmallhorn 4 месяца назад

I’ve made several videos about it. My “American Dream” series goes in depth about it. They are an awful company.

@russelleads2145 4 месяца назад

Really? I guess until Blackrock and Vanguard stop buying everything up, it will continue!!

@seanm3226 4 месяца назад

Over 80% of current house purchases are from end users, not investors. Be careful of repeating a false narrative.

@cb5516 4 месяца назад

@@seanm3226 You're right, to a point. It matters which houses investors buy. I say this as someone in the real estate industry, a landlord and investor. Buy starter homes and lock buyers out of entering the equity game. Renters for life. Think of it as musical chairs. Gotta live somewhere...

@lynnlov2395 3 месяца назад

They should also stop selling it to the one that is not American citizen as well.

@BarryObaminable 4 месяца назад

What an excellent time to be way overleveraged. ;) Dont forget, when the shoe shine boy tells you how many properties or stocks he owns, its time to sell. I think you will see some parents who have 'free money' from some of that equity in their house gift some to their kids to get them out of the house. They remember higher mortgage prices.. so know it may be harder for the kids to get a house later.

@kikigirlkauai 4 месяца назад

If you have a high loan to value or some mortgages impounds are mandatory. No lenders want to lose that mortgage income by a tax sale. Tax sales go first before anyone on title

@duanejahn2368 4 месяца назад

I finally figured out why the real estate community dislikes corporate purchases of residential properties. Everyone normally associated with the sales process is out of the loop. No agents, no appraisers, no banks, no staging, no commissions etc.

@KristinaSmallhorn 4 месяца назад

My grief with corporate investors is that it removes the opportunity for real people who want a home to be able to find an affordable home of their own.

@SmittyAZ 4 месяца назад

No inspection, all cash, close in 30 days.

@chipb1193 4 месяца назад

They still use agents, at least in the Indianapolis area.

@SmittyAZ 4 месяца назад

@@chipb1193 A guy that moved to AZ from another State, said a lawyer has to be involved in the transaction. This was several years ago.

@maryhyarborough4071 4 месяца назад

But publicly traded stocks that fund these are hot.

@tbill647 4 месяца назад

how can you be sure that if you sell to an individual that they won't sell to that corp?

@Isabelle-dd3vc 3 месяца назад

This!

@lynnlov2395 3 месяца назад

People are rushing to buy any real assets as much as they possible can.

@maryhyarborough4071 4 месяца назад

If i could get a decent cash offer as-is, where buyer gets discounts for having to perform whatever uogrades and fixes for my house, and buyer covers closing costs, i believe a first time buyer could do well with me. So, I haven't checked, but if my house is approaching $300k, i'd consider ~$200k or maybe a little less.

@julianparks3325 3 месяца назад

? Why is that. Its a big road block

@snackman2005 4 месяца назад

I would sell to a LLA LLB LLC LLD etc

@SmittyAZ 4 месяца назад

I care, my g/f watches shop LC and was hinting at a crocodile purse. It started at about $3K; The final price was $545. I put it on EZ pay. Aren't most markets out west linked to the Cali market?

@maryhyarborough4071 4 месяца назад

Answer: a 6-month supply😊

@lynnlov2395 3 месяца назад

May be people know that the dollars will loss it's value soon when Saudi Arabia start to accept others currency beside the US dollars for oil.

@jasmineh8482 4 месяца назад

I don't get the excuse that home sellers can't afford to turn down an extra $30k from an investor in order to sell to an actual family when they are already getting more than they originally paid for the home from the family. Greed is never justifiable.

@KristinaSmallhorn 4 месяца назад

What if they bought the home a year ago and it doesn’t have that much equity??

@seanm3226 4 месяца назад

Sanctimonious Virtue Signaler.

@dianetraynere 4 месяца назад

Love it

@jsmum196 3 месяца назад

Are prices going up in Vero Beach, Florida?

@MadAudi 4 месяца назад

My home market value went up. I can’t complain. But… market value increases means more property taxes! So… I get to pay 200 more a month to cover my taxes. 🎉 Renters complaining about rent increases… realize that the landlord is probably paying more on their mortgage. If your rent goes up at the end of your lease… keep this in mind.

@pamcombs8986 4 месяца назад

You look clear

@christianholmstedt8770 4 месяца назад

Real Estate Agents are celebrating all over the country.

@rosanneallen-hewlett9973 4 месяца назад

Not for long...you'll see!

@christianholmstedt8770 4 месяца назад

@@rosanneallen-hewlett9973 The shorter the better. They should get a job that actually creates something. Same goes for the scumbag investors and pathetic flippers.

@seanm3226 4 месяца назад

@@christianholmstedt8770 Sounds like someone can’t afford a house. Yikes!

@CatLover-g7j 4 месяца назад

Lets drop our....p ants!!!

@jamesg.hromnak2333 4 месяца назад

🍀👍🍀🤔

@shakazulu3594 4 месяца назад

My karma spells are working!! 😄

@KVille76 4 месяца назад

Sadly, I couldn’t even make it to the content because the first part of the video is her talking loudly and trying to chill a purse… On a real estate channel… Pass

@IOSARBX 4 месяца назад

Kristina Smallhorn, You're amazing! Let's be friends and have fun together!

@jamesg.hromnak2333 4 месяца назад

🍀👍🍀😊

@EatMyOats 4 месяца назад

Is the US sum Total of sales all time high? Or, are smaller loans zero and expensive homes just refinancing? Average is a tricky term. OK, this isn't really accurate statistics for National.

@ashleyfox1714 4 месяца назад

6% Every year? Then why has the price of houses in my area increased 300%+ in 4 years? What kind of mathematics do they have? What don't we get taught at school?

@kikigirlkauai 4 месяца назад

Prepaid debt cards are great. Easy and only a few hundred dollars or more on vacation if you want security.

@KristinaSmallhorn 4 месяца назад

Oh. Thats a great idea. Thanks for the tip.

@maryhyarborough4071 4 месяца назад

Question. Here are a few symbols (I don't invest in these, so no agendas on my part). HIW, MPW, EXPI, DRN, DRV, NIAL, FAS, FAZ, PLD, AMT, EQIX, WELL, O, SPG, XLR, CCI, GMGSF, then you could include these in your market watch and also see their competitors that typically are shown under the trends chart.