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Josef
Orlando Miner
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Comments by "Josef" (@josefj1776) on "Orlando Miner" channel.
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Interestingly I made spaghetti for a family of four for less than $10 with meatballs and then with the leftover spaghetti sauce I made chili for chili dogs the next day for the cost of five dollars. 12 meals for $15.
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Unemployment is at 3.5% with 11 million openings. With 6-7 million people hired every month. Housing inventory is extremely low with 88% of homes selling in one month…..waiting for this crash
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Simple extremely low unemployment, 5-6 million people hired each month. Only 3 banks closed all the others are open. Homes are only $26 a SQFT from the price of homes in 1983 adjusted for inflation. Homes sell very fast most of the time in less than a month. Inflation is back to 3% food inflation is back to 3%. We now import more from Mexico than China. Oil prices are down YoY. We drill for more oil than ever before in history.
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Some were most were not.
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No that is you over spending yourself. A home’s value is what people will pay for it. This isn’t communism
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Most people have already bought a home.
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Best time to buy is when people say don’t buy. In January we will be buying a new home my wife wants a larger home she feels a normal size home is 3,500 Sqft for me a 1,500 is fine. But but paying $1,000 less than rent is nice. My wife is part of that 93% but I am fine over paying for a home the mortgage was just $151K for a new home.
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Enjoy your home. A home is simply a place to live it is the best way to fix your cost of living. Enjoy your low rate and low payments.
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Yes and it is time we fire all the nuclear safety inspectors.
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I am still waiting for that 40% crash that was to happen in 2014. Glad I didn’t wait to buy then.
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The report says most of them are before.
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Yet they are in some areas and in some price groups. And in others it isn’t increasing.
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The real unemployment is well below 5%. You have to remember 5-6 million people are hired every month.
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@86Framer they are not counted because they are not looking for work. The severance package has nothing to do with it. If they are looking they are counted.
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You can try the only thing they can say is “yes or no” prices have been going up so rate increases my cause values to drop stay flat or flat and move upward slowly like the 80’s In 2014 they were calling for a crash and I bought a new home got a fence, all appliances and 10K to closing costs.
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If I lost my job I would just get a new one I don't see the issues.
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This is a normal thing when you do a massive over building. What is wrong with the economy?
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Looks like sales are still going on as inventory is at record lows and it takes an average of 17 days to sell a home.
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@xfhnhhgjbvcfg there will always be people who can’t pay their mortgage for some reason.
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@xfhnhhgjbvcfg yes but they didn’t want to.
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LOL no one buying that is why it takes an average of 18 days to sell a home. LOL just because there is a recession doesn’t mean the housing market will “crash”. Recessions come and go we have them an average of every 7 years. LOL it is fun watching people cry about recessions enjoy I won’t take part in it.
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Unemployment is low and 5-6 million hired each month. No recession.
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@BuffKangaroo1 the definition of a recession hasn't changed in 80 years.
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@86Framer the skilled make money. Unskilled have to have a job so it will be low paying.
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Correct that is why homes are still selling very fast.
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$219K to buy a home what is the issue? 2K for property tax a year. And $1,000 for insurance.
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And many of the foreclosures were started 2 years ago and take an average of 900 days to complete!!
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We are still working on 2019 list.
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@Bustudent1 for me it is 1/4 of my payment. And I did a 0% down.
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People are fleeing Georgia also in massive numbers
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How so?
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We still have extremely low inventory. So it hasn’t told you are right that it would be at record high.
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What is getting worse?
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Where is this inventory you said was above 2008? Where is the foreclosure surge?
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It is the fastest way to get a pay increase
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Adjustable rate mortgages never went away. You do need a large down payment.
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Yes 88% of homes in America sold last month in the first 30 days of being listed.
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Not according to the data.
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I dont think most sellers are worried as most homes sell within 30 days the average is 19 days!!!
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@scdtla3237 you are 100% correct.
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It sounds like you need to learn some job skills and get one job
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@derekrivera4481 if that is all you can do yes there are a lot of those jobs and hundreds of thousands of better jobs.
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@lizzie2301 some are and some are not
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@sinforoso2000 cool who is the realtor?
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@sinforoso2000 in June there was 6.4 million people hired July is not out till August 30th. It is the fact of job numbers. I work in HVAC only my inspection of many houses before sale is related to the housing market. It sounds like you don’t really know about the labor numbers do you?
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@lexc5428 it is often fun to see how people are in this world. Remember we see the world how we are not as it is.
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@lexc5428 because I felt like it.
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And why is that bad? If you didn’t lose your job, just get a new one it’s easy
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@wonderboy2402 how was it bad we have 5,000,000 to 6,000,000 hired every single month?
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Yet home sales price is at record highs MoM and it takes two weeks to sell a house…..LOL not much of a so called crash.
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