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

  1. I think supply will have to go up a lot more for that to happen. It may be a large leveling in price of rent like homes.
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  2.  @matthewphillips5483  what I say works and builds wealth.
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  3. True. We have 10 million job openings ready to be filled and we have 6-7 million people hired every month.
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  4. We will have to see. Layoffs are extremely low. But if you lose a job get a new one as 6-7 million people are hired every month.
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  5.  @matthewphillips5483  just posted facts.
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  6.  @matthewphillips5483  if you have skills you will always have a good job. And many of those jobs are actually good paying due to the fact that boomers are leaving the workforce in record numbers and are being replaced. They keep track of layoffs. Feel free to look at past and present numbers. So if you lose your job get a new one it is very very easy.
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  7.  @trucktruck588  and that is next to nothing. But I find it funny how you think they will sell everything they have and crash the economy so their investments will lose value and can’t sell for a profit.
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  8.  @videogarage9221  I don’t think Truck is one.
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  9.  @videogarage9221  people who buy anything they always have buyers remorse. That is nothing new. Just look at reality and there is nothing to fear.
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  10.  @Vicrattleskull2028  one thing many are ignoring is housing stays on average with inflation many times a little higher. And inflation is close to 10% that puts the over price of houses to 2-10% in most markets.
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  11. Tell us how does FOMO factor into this?foreclosure’s is at record lows even defaults are at record lows!
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  12.  @Trinitybolduan  wrong it is 16- dead
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  13.  @cdweber4547  when an 85-year-old has a job they’re part of the labor force. if they don’t have a job and are not looking for one, they are out of the labor force or part of your 35%
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  14.  @Hebrew42Day  so tell us why are 3.5 million 75 and older Americans are in the labor force and the rest are out? Yet you say the are lying because they don't track it as it is on their website.
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  15. Hebrew so a 85 year old working is not part of the labor force starting when? The BLS still counts them
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  16. I would say keep investing into the stock market. It might go back it might not. Unemployment is extremely low, houses are still selling very fast with low inventory.
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  17.  @ronaldwhite4223  yes inventory is going up however it is extremely low it is taking 19 days to sell a home!!
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  18.  @ronaldwhite4223  so are we waiting for a crash like 2014 where the market was 40% overvalued? I know investors selling their remodel homes for 160K 10K above value and they still sell just takes 25 days a little longer than the week it took in 2021.
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  19. It takes almost no time to sell a house 14-18 days!!!
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  20. Money well spent.
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  21. mdfrtech i dont need to keep telling myself. Facts show it. A rank 18 in military power nation is pushing back the number 2 military in the world! In fact they have invaded them.
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  22. Homeowners weren’t duped they signed the line. They knew the loan they were getting.
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  23. Good news inflation is back to below-normal levels
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  24. Good news we have 10 million job openings and we have 6-7 million hired every month.
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  25. It is very easy to get a job 5-6 million get a job every month.
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  26. What is really mind blowing is we have 10 million job openings and we have 6-7 million people hired every month!!
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  27.  @worndown8280  you think that…. Have you looked at how many actually get benefits? Most have no clue how low that number actually is.
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  28.  @timeforachange-i3s  tell us the exact number of ARM loans are being made.
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  29.  @enthused7591  what foreclosure crisis? It is up 188% to 33K a number that is at record lows to the extreme!
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  30. So far home prices increased YoY 20%.
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  31.  @realestatemindset  MoM average home price has gone up. The Value increase of a home is a different number than what it wells for and different because not all homes are for sale. As it is it takes an average of 14-18 days for a home to sell.
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  32. So Las Vegas is now at fair market value remember people are saying true inflation is at 29%
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  33.  @michaelb4546  supply is at record low because less are being sold. We are also seeing homes still being sold at a record speeds. Average time it takes to sell a home is 18 days normal is closer to 3-4 months
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  34. Why didn't you get a new job?
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  35. LOL you for get inflation reduced that actually “bubble” so DC is 2% out of normal inflation and others are below 30%
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  36. Well the average house of on the market for 17 days so they are selling.
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  37. 130K is actually is what should be expected with unemployment being so low with massive amount of job openings and 6 million hired a month.
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  38.  @derekrivera4481  nope I was looking at a flat market to a small decline. I am still waiting for the 2012 housing market people were screaming about. The 2014 didn’t happen also the 2016 crash didn’t happen also. So many crashes just never happened.
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  39.  @derekrivera4481  prices of homes still went up also and on average take 17 days to sell. That isn’t a crash in any way.
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  40.  @toinengwyn3935  this isn’t 2008 where everyone at McDonald’s was buying a 300K house. This group buying houses are over all more financial responsible.
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  41.  @joshfarrow2916  who is fighting them?
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  42.  @joshfarrow2916  save they understand they can’t change the inventory and that is extremely low. That is why prices of the average home hasn’t changed.
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  43.  @toinengwyn3935  incorrect a small majority that defaulted were prime buyers and they were track seen at the end of the crash. Right now we have a massive labor shortage with over 6 million people being hired every month far more than the 2006-2008 numbers. The housing market is not the driver of our economy. Right now we have nothing as a main driver. That is why unemployment is such a low number with so many openings left empty. We don’t see banks changing how they are doing lending like the 2007 changes.
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  44.  @fusiondensity3287  I did buy a home for what I was told was double what it was worth back in 2014 for $151K a new home construction. Everyone was calling for a 40% home price crash then. It never happened. Now I am paying over $1,000 less a month than some one renting.
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  45.  @matthewphillips5483  LOL the stock market and housing market is very much different things. It is funny how people say housing goes from boom to bust always. It doesn’t it also goes flat in the 1980’s it didn’t crash.
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  46. Well if you want a job you can get a job unemployment is extremely low in my state 3.6% my brothers state it is even lower almost 2%
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  47.  @alexdavidson7785  don't worry if you have skills you will get a new job no issues.
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  48.  @Resmith18SR  that is your choice. Most of the red states have extremely low unemployment.
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  49.  @JD-vm5wl  not possible Biden ended all oil production in America. You're such a liberal.
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  50.  @lukerutherford3293  with 88% selling in 30 days it is going fast.
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