Comments by "Josef" (@josefj1776) on "Real Estate Mindset" channel.

  1. I don’t see a reason for such a decline.
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  2.  @silky2204  oil has not been in the CPI for over 70 years. Job losses are at record lows, mortgages behind are at record lows in fact all that you posted is at record lows. And the fed said they are going to work on lowering home price increases by increasing inventory and that is still at record lows.
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  3.  @Resmith18SR  Georgia and North Dakota.
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  4. Still waiting for this crash that was to happen in 2014 when it was extremely bad for housing.
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  5. There will be a small correction. But if inventory continues to remain extremely low and it continues to take less than a month to sell a home it will be even less
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  6.  @profitmix441  if they bought over the price they had to have the money to over pay because they won’t give you money to over pay for a house. If inventory returns to normal prices will go to normal. Not even close to a crash.
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  7. I see the correction on average being 5-10% as inflation is near 10% that puts many home values increase as being a small amount over normal increases. Some makers may see 20% because they went up 30%. The man push back is inventory is very low, time to sell a house is extremely low taking well below a month to sell, and foreclosures are extremely low. Homes are very much supply and demand and right now supply is not meeting demand.
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  8.  @realestatemindset  inventory is growing but it is on the market very short time 88% of homes sell in 30 days. It should be closer to 60-90 days.
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  9. Things are pretty easy right now. Foreclosures are record lows for a very long time and still are. Normal numbers is much higher. Cost of owning a home hasn’t changed it is the same as 2014 when I first bought.
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  10. Occ the unemployment benefits has nothing to do with being counted as unemployed. It is “if you have no job and are looking for a job.”
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  11.  @HappyPenguin75034  in GA it is a 3 bedroom 1500SQFT house built in 2014 the year we bought it(closed the day after the fence was put up and appliances installed).
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  12.  @youvegottoseethis5615  what on earth are you talking about?
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  13. Some are many are not.
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  14. Save we have 6 million hired every month.
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  15. So we have been slaves since the founding of America.
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  16.  @missylearned9821  the average time a home is on the market is 17 days. No all homes are equal and will stay on the market longer.
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  17.  @matthewphillips5483  I have no cohorts I simply post facts and see the world how it is. Where is the 40% crash from 2014????
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  18. We need to see other things first. We need lower job creation, higher unemployment, much higher inventory (as it is at record lows), we need to see it take longer to sell homes, we need to see much higher layoffs, and rent decrease this is just to name a few things.
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  19.  @craigmcpherson1455  so you will pass a law people can’t retire early?
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  20.  @craigmcpherson1455  so you want them to collect SSDI then because that is what they will do.
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  21. He donated the same amount to the republican part. It is often such criminals do this.
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  22.  @SigFigNewton  incorrect they have predicted a 5-10% national drop in value a correction. In some areas the believe it is possible for a 15-20% correction. No crash. Here they are calling for a 40% crash national. They haven't changed what they predicted. Last year they said the foreclosure surge started yet it is far so far below normal levels you can see it.
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  23.  @SigFigNewton  and their long term still stands. We didn't have that crash in 2022 and we still had a value increase that year.
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  24.  @SigFigNewton  median sales price and and median value are two different things.
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  25. Payday loans are far worse.
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  26. 5-10% in America sounds about right.
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  27. My concern is that with inventory collapsing. This is throwing the median sales price off as being an indicator of a home value decline home value in sales price are two different things.
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  28. Most of those were evicted last year.
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  29.  @benrichards9667 no one buys the average.
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  30.  @bobroberts2217  but you crash experts were calling for a 40% crash of home prices in 2014 due to them not being affordable and an increase in supply why didn’t the crash happen in 2012? 2014? 2016?2018?2020? Every one of those years was going to be a massive crash but nothing.
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  31. I suggest you get a savings then and make sure you are of use to your job and potential changes.
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  32. Homeless in American gets trillions, vets gets trillions, disable gets trillions in America. Ukraine is getting expired weapons. All money well spent.
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  33. The NBER is what puts out when we are in a recession not the White House. LOL do people really have no clue about this? Unemployment is extremely low with over 12 million job openings!!!!
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  34.  @Navs126  ok find me a place that rents cheaper than $500 a year. If you can’t find that in America then you are wrong on it being an investment
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  35.  @neiterperu3680  LOL no they buy them cheap and rent them almost 10% of home value each month some times more. Hardly a loss.
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  36. In all fairness we have had only two housing crashes twice in over 150 years. That was 1929 and 2007.
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  37. My wife and I both have a FICO of 810 and I would never recommend going over that 30% as it will cause your score to go down. We we both use the same card and only have one card with a limit of $30K
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  38. The billion price study show the CPI is over all accurate.
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  39. I may disagree with you but trolls are the wrong thing to do.
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  40. If you are retired, your home should be paid off
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  41.  @toinengwyn3935  that ended a long time ago. We have 2021 and this year on top of each other.
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  42.  @fusiondensity3287  yes they are and they are record lows.
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  43.  @winniethepoohandeeyore2  actually the starts are tracked right now. You are looking at the final ending.
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  44.  @winniethepoohandeeyore2  yes that is record lows
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  45.  @mrxiong2567  100% agree
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  46. Yet the average time a home is on the market is 17 days
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  47. Save people that lose their jobs get a new one. Remember 6 million a month is hired.
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  48. LOL demand crushedLOL yet it takes 14 to sell a house………. Sounds like no one is buying a home LOL
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  49.  @realestatemindset  not all markets are the same. Where I live over all homes are selling fast.
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  50. This paycheck to paycheck number is normal. If you want your mind blown look at that number broken down by age.
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