When will these housing prices go down?

[Ethnic Vagina Finder]

It depends on how many people are over leveraged. It depends on foreclosure rates.
It depends on demand vs supply.

It also depends on how many people were simply buying as a short term investment.

 

[Ethnic Vagina Finder]

I'm tired of all these articles and tiktoks from 'smart' people predicting a damn collapse.

One dude was like "shyt will go south by march"

I'm here in july and houses are still fukking expensive and interest rates are 8%

Somethings got to give. How many people can even buy a house nowadays?

It’s primarily based on commercial real estate. People assume it’s going to spill over into residential.

 

[Scientific Playa]

The banks, Fannie Mae/Freddie Mac, Congress serve at the pleasure of the billionaires/hedge and private equity funds.
Even Warren Buffet's Berkshire Hathaway has a real estate division. Jeff Bezos joined the party last year.

The Jeff Bezos-Backed Real Estate Company Is On A Buying Spree For Single-Family Homes​

The Jeff Bezos-Backed Real Estate Company Is On A Buying Spree For Single-Family Homes

The real estate investment platform backed by Amazon.com Inc founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to...

www.yahoo.com

 

[WetinBeDat]

Just look at how the world is trending. A lot of places are/will become renter nations, so it's safe to assume that's where things will go in your neck of the woods. Millions in those countries have also been hoping for the same downturn in their housing markets for decades - and many are now priced out indefinitely

 

[Sir Richard Spirit]

Where? If you talking about a down pay,ment, ya mortgage gonna ge like 2g's a month unless you living in the hood

You don’t have to get a FHA loan in the hood. The majority of your down payment will come from assistance. It’s easy to buy a home if your credit is right.

 

[Dipsey Doo]

Buy now, negotiate with the seller to cover closing costs, use that money to buy down interest rate, refi in a few years.

Thank me later

 

[Peruvian Connect]

You don’t have to get a FHA loan in the hood. The majority of your down payment will come from assistance. It’s easy to buy a home if your credit is right.

nikka what? Most decent areas with a low down payment i putting ya mortageg over 2G's, unless you buying in the hood

 

[Kurt off them percs]

shyt ain’t coming down unless the entire economy collapses and people need to sell to live.

Builders aren’t building single family starter homes because their isn’t much profit in it. Companies are buying up stock and turning them into rentals. Chinese are buying homes as investments.

One more fukked up thing is happening. People from high salary states who can work remotely are moving to lower income states and driving up the prices in the local market. My friend is in real estate here in Atlanta and he said folks from Cali and the northeast are flocking to Atlanta and surprisingly Orlando and inflating everything. 800k townhomes selling like it’s nothing. That’s wild!

This

Amazon apartment buildings coming soon

 

[Sir Richard Spirit]

nikka what? Most decent areas with a low down payment i putting ya mortageg over 2G's, unless you buying in the hood

Thats the interest rates causing that. When they come down there will be a fire sale. Make sure you ready. It won’t be hard. 660+ credit score will keep you out the hood.

 

[Ɀoᥱɣ]

Why when you can buy a house with $10,000? What you saying doesn’t even make sense.

Show me a house worth $10k and i'll purchase it by next Friday

Outside of a literal hut or treehouse ain't no damn house in America worth $10keven in the deepest of hoods

 

[Sir Richard Spirit]

Show me a house worth $10k and i'll purchase it by next Friday

Outside of a literal hut or treehouse ain't no damn house in America worth $10keven in the deepest of hoods

Down payment/ fees

 

[Dave24]

@PAWG Life

@humminbird

@Realm-Breaker

Do you all own a house??

 

[Tres Leches]

Never it might be a slight dip here and there but dollar will continue to go down so housing prices go up



Edit : This only for USA , Europe and Canada could be different cause y’all economy is way more fukked up

 

[Realm-Breaker]

@PAWG Life

@humminbird

@Realm-Breaker

Do you all own a house??

um kind of I didn't buy it. But it's in my name!

 

[50CentStan]

probably never, and even if it collapses like breh on the 1st page says it will be a total economic collapse, those on the sidelines waiting to take advantage wont be able to either.