⚠️⚠️⚠️FINAL Coupon BRIEFLY extended to Friday Feb 3 11:59pm 🤍metkevin.com/join | Course Member Lives, Trades, Fundamental Analysis, and More. ⚠️⚠️⚠️#housing #realestate #housingcrash ⚠️⚠️⚠️ 00:00 The Depth of the Real Estate Crash. 06:50 Redfin CEO Tricking You. 09:00 Institutional Liquidations. 11:30 The Lie of Multiple Offers. 15:00 Dangers. 📝Contact Information for Kevin & Liability Disclaimer: 🤍meetkevin.com/disclaimer This is not a solicitation or financial advice. See the PPM at 🤍Househack.com for more on HouseHack. Videos are not financial advice.
Kevin
The property market won’t crash more thant 10 % from the prices today.
Most of the people who bouht properties back on 2020 was with low interez rates
I does not make sense loss a property and then pay more for rent
This is bad information
Why aren’t you commenting on the record levels of equity loans from 2022. That’s going to crash the market when those people lose their jobs
Glow in the dark and die- LMAO
$18 HOA sounds like a miracle
That's a good point about the HOA's. Never thought of it like that.
'Yeabut, you'll glow in the dark and die". Amazing
The market is heating up in NJ
HOA allow renters?
How often are rules changed or adjusted?
Idk…seems like big brother watching me 🙅🏻♂️🇨🇱
Graveyard is nice. You get friends for those night parties. 😆
"Slowbie" about:invalid#zCSafez
I would love for Kevin to show data. I have a feeling he doesn't look at enough variables to understand the economy well enough. Just look at the car market as one variable. People are going to be losing their cars, their savings, their jobs, and so on. Macroeconomics is too vast to collect some data from individual markets and try to understand what is going to happen. Watch how the end of the year is. It'll be entirely different than what Kevin is thinking. A lot of things are propped up by how banks operate. They prevent fast crashed to scrape in money to prevent losses. Corporations help prop up the housing right now. When people run out of savings, can't pay their car payments, and lose their cars and jobs, it is going to be a domino of destruction.
It takes time, but the market will have exponential loss.
Especially depending on the potential wars coming. China is falling apart. There will be wars somewhere other than just Ukraine.
"When you factor in the fear". That's you right? You're the fear
Most homeowners have equity and a historically low rate. Even if they want to move there is very little motivation to do so. Low inventory will continue and those who need to buy will be willing to be aggressive with their offers
Uh, yields are going UP right now. I just made a few bucks in the last week shorting TLT. Bond market is a bit off base with where Fed is going. Kiss ur RE investment bye bye. You're going to lose 20%+ this year. And do u think peeps won't freak out and sell all their AirBnBs? Nah, the investors will Crack and it will create an even bigger drop. FOMO is reverse.
I have a legit argument Kev and comment section, that person working their full time job plus now adding that part time job adding extra income to get by onto the W-2 making it look like they made sooo much more than previous years. (Referencing Jobs report that’s been mentioned in the past) Making them qualify for a lot more than they probably can chew and afford in real estate. Do you think that will be an issue? Trying to think of any possible catalyst that could run up real estate.. again. Hopefully not.
We will never see the interest rates at 3% again. Once people realize it the price will has to fall
I rented a house next to a graveyard, I don't see how that is bad. It had a beautiful view and was extremely quiet. If these are cheaper, I would definitely recommend.
Ok so Issaquah is like Hollywood it's the ultra rich area along with Bellevue and Kirkland. So any house that is competitively priced will always move fast. You have to understand everyone with money wants a home there but it's finite. So those are not good examples. My Neighbors house is listed for 2.6 on lake with average prices listing for around 2 million and it's not getting any love. In a good market it would have sold in days. Anyone who says this market is solid doesn't know what they are talking about.