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The $30,000 Gamble: Is It Worth It In This Unpredictable Housing Market?

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The $30,000 Gamble: Is It Worth It In This Unpredictable Housing Market?

Seeking a better life in Idaho, Should I make this move in this housing market? Buying multiple rental homes.

Check out our NAR Settlement reaction➡️ https://youtu.be/aEZTg8ewIZA
Major Shift Coming: Housing Market Will Change Drastically.

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Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
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Blog and Real Estate Updates: https://www.gnrgmedia.com

Question – Do you think that the Real Estate Market is crashing or correcting?

Lender guest:
Tom Kirchmeyer NMLS # 1830886
208-996-6217

#housingmarket #rentorbuy #boiseidaho

About this video:
How to navigate the challenges of high property prices and the importance of understanding local cultures, especially for those looking into markets in Idaho and California. Practical financial strategies for purchasing investment properties, avoiding excessive debt, and utilizing your assets wisely, including tips on down payments and mortgages.

Real estate housing market, offering straightforward advice on making smart investment choices. Whether you're a first-time buyer or looking to expand your property investments, find out how to align your real estate goals.

VOLATILE: Housing market crash. Home values drop, 800k to spend?

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VOLATILE: Housing market crash. Home values drop, 800k to spend?

This couple has MAJOR concerns that the Housing market will crash and home prices will drop. Betting 800k on Real Estate.

Check out our last video (STUCK: The Housing Market Is Holding Us Back)➡️ https://youtu.be/1DAkMmkOupU

Subscribe to our second channel: https://www.youtube.com/channel/UCNK2EoAXQ-ykKBuyT2TdATQ

Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
📲 Want us to reach out to you? https://forms.gle/RHP6tFHUZMZydnLK6

Connect with us!
FB: https://www.facebook.com/GoodNewsRealtyGroup
IG: https://www.instagram.com/goodnewsrealty
Blog and Real Estate Updates: https://www.gnrgmedia.com

Question – Do you think that the Real Estate Market is crashing or correcting?

Sponsor:
Tom Kirchmeyer NMLS # 1830886
208-996-6217

#housingmarket #marketcrash #boiseidaho

About this video:
Individuals contemplating the financial and emotional ramifications of home ownership amidst fluctuating market conditions. On one end, individuals earning less than $70,000 annually are facing the challenge of sustaining a lifestyle where 45% of their income is directed towards mortgage payments, highlighting the squeeze on affordability and the potential for greater market declines. On the other end, a couple considering an $800,000 cash purchase fears significant devaluation of their investment in the short term due to market volatility and potential economic downturns, particularly influenced by the outcome of upcoming elections and changes in monetary policy. The underlying emotional tension is palpable, with fears of loss, the pressure of making a substantial financial decision in an unpredictable market, and the desire to make a prudent investment that aligns with their lifestyle and long-term financial goals.

Are you wondering about the current state of the housing market? Are you concerned about the potential for a market crash, or wondering if home prices will ever come down? Are you trying to understand why rent is so expensive? We aim to provide answers to these and other questions about the housing market in our weekly content.

If you're looking to buy or sell real estate in Idaho, follow our updates. Good News Realty Group LLC, located in Boise Idaho.

Housing Market Truth: Foreclosure Wave, 20% Drop In Home Sales, Investors Stuck!

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Housing Market Truth: Foreclosure Wave, 20% Drop In Home Sales, Investors Stuck!

Investors are stuck. Builders are holding vacant lots. Exposing the truth about the Boise housing market you're not being told.

Check out our reaction to Revnture➡️ https://youtu.be/1DAkMmkOupU

Buy us a coffee for support: https://www.buymeacoffee.com/gnrg

Subscribe to our second channel: https://www.youtube.com/channel/UCNK2EoAXQ-ykKBuyT2TdATQ

Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
📲 Want us to reach out to you? https://forms.gle/RHP6tFHUZMZydnLK6

Connect with us!
FB: https://www.facebook.com/GoodNewsRealtyGroup
IG: https://www.instagram.com/goodnewsrealty
Blog and Real Estate Updates: https://www.gnrgmedia.com

Question – Do you think that the Real Estate Market is crashing or correcting?

Sponsor:
Tom Kirchmeyer NMLS # 1830886
208-996-6217

#housingmarket #interestrates #boiseidaho

About this video:
Foreclosure Wave: We are seeing a wave of foreclosures, possibly indicating economic distress or a housing market issue.

High-Value Defaults: We are seeing properties under default for amounts of nearly $1 million. Financial risk and distress are at an all-time high.

Unfinished Properties: References properties that are not completed yet are under financial strain such as foreclosure or default.

Vacant Lots and Building Permits: Large number of vacant lots in the Treasure Valley Boise Idaho, Nampa, and Meridian areas lack building permits, which might indicate stagnation or issues in the development sector.

Are you wondering about the current state of the housing market? Are you concerned about the potential for a market crash, or wondering if home prices will ever come down? Are you trying to understand why rent is so expensive? We aim to provide answers to these and other questions about the housing market in our weekly content.

BUYERS Flood Housing Market: Multiple offers back!

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BUYERS Flood Housing Market: Multiple offers back!

I don't understand! The housing market is back? Multiple offers with debt at an all-time high. Home buyers don't want to wait to buy a home.

Check out our reaction to Revnture➡️ https://youtu.be/1DAkMmkOupU

Subscribe to our second channel: https://www.youtube.com/channel/UCNK2EoAXQ-ykKBuyT2TdATQ

Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
📲 Want us to reach out to you? https://forms.gle/RHP6tFHUZMZydnLK6

Connect with us!
FB: https://www.facebook.com/GoodNewsRealtyGroup
IG: https://www.instagram.com/goodnewsrealty
Blog and Real Estate Updates: https://www.gnrgmedia.com

Question – Do you think the Real Estate Market is crashing or correcting?

Sponsor:
Tom Kirchmeyer NMLS # 1830886
208-996-6217

#housingmarket #interestrates #boiseidaho

About this video:
The real estate market is showing signs of improvement and change as we move into 2024.

Turnaround in Home Sales: There's an anticipated improvement in existing home sales in 2024 after a significant decline in 2023. The National Association of Realtors (NAR) expects existing home sales to end up 18% lower in 2023 compared to 2022, marking the worst year in over a decade. However, a rebound is expected in 2024, with existing-home sales projected to rise by 13.5% and new-home sales by 19%. A key factor contributing to this positive outlook is the expected ease in mortgage rates, encouraging buyers to return to the market​​.

Inflation and Mortgage Rates: While the overall inflation has been easing, "shelter inflation" continues to rise, posing a potential challenge to the housing market's recovery. However, an oversupply of new apartment units might lead to a decrease in rental rates, helping to control inflation and discourage further rate hikes by the Federal Reserve​​.

Housing Inventory and Mortgage Rates: Despite the increase in mortgage rates, there's an anticipation of more sellers entering the market, which could influence the housing inventory positively. The behavior of new listings data last year suggested a bottoming out, which might continue into 2024, hinting at a potentially more balanced market​​.

Market Trends for 2024: The real estate market in 2024 is expected to witness higher mortgage demand, stabilizing home prices, lower mortgage rates, and an uptick in housing inventory. Zillow predicts a slight fall in home values, while Freddie Mac forecasts a slower pace of price increase, indicating a shift towards a more balanced market. This suggests that while buyer demand is expected to rise, the increase in inventory might help maintain a balanced market without leading to a housing market crash​​.

Are you wondering about the current state of the housing market? Are you concerned about the potential for a market crash, or wondering if home prices will ever come down? Are you trying to understand why rent is so expensive? We aim to provide answers to these and other questions about the housing market in our weekly content.

Major Shift Coming: Housing Market Will Change Drastically.

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Major Shift Coming: Housing Market Will Change Drastically.

UP IN FLAMES: Real Estate Commissions. (NAR) The National Association of REALTORS flipped the script. Goodbye to agent commissions?

Check out our reaction to Revnture➡️ https://youtu.be/1DAkMmkOupU

Subscribe to our second channel: https://www.youtube.com/channel/UCNK2EoAXQ-ykKBuyT2TdATQ

Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
📲 www.goodnewsrealtygroup.com
📲 Want us to reach out to you? https://forms.gle/RHP6tFHUZMZydnLK6

Buy us a coffee for support: https://www.buymeacoffee.com/gnrg

Connect with us!
FB: https://www.facebook.com/GoodNewsRealtyGroup
IG: https://www.instagram.com/goodnewsrealty
Blog and Real Estate Updates: https://www.gnrgmedia.com

Question – Do you think that the Real Estate Market is crashing or correcting?

Sponsor:
Tom Kirchmeyer NMLS # 1830886
208-996-6217

#housingmarket #interestrates #nationalassociationofrealtors

About this video:
The National Association of Realtors is facing an onslaught of legal challenges, and if this trend continues, it could potentially lead to a financial downfall. Additionally, a growing number of local real estate agents and brokers are opting to sever ties with the NAR in favor of pursuing independent paths. This shift, coupled with potential alterations in commission structures for transactions, holds the possibility of reshaping the landscape of deal-making in the real estate sector. Such changes are anticipated to significantly affect the U.S. economy as well. The high costs of real estate commissions, the evolving role and accountability of agents, and the potential financial implications for buyers due to shifts in commission structures and closing costs. We highlight a growing debate over whether the traditional roles of real estate agents are becoming obsolete in the face of digital platforms that enable direct transactions between buyers and sellers. Additionally, we discuss a broader community interest and concern, indicating a period of significant reflection and potential change within the industry regarding how transactions are conducted and how professionals are compensated.

Are you wondering about the current state of the housing market? Are you concerned about the potential for a market crash, or wondering if home prices will ever come down? Are you trying to understand why rent is so expensive? We aim to provide answers to these and other questions about the housing market in our weekly content.

Good News Realty Group, Boise Idaho.