Inflation

Are Home Prices About to Explode In Boise Housing Market?

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Are Home Prices About to Explode In Boise Housing Market?

REALTOR.COM: 1.2 Million Dollar Home's in 2033.

Is Boise’s housing market on track to hit a $1.2 million median sales price by 2033? Realtor.com’s bold prediction and we’re breaking it down with real data, historical trends, and market insights. From pre-pandemic growth rates to current construction permits and economic factors like unemployment and inflation.

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

Ways to Work with Us
📲 Call Direct at 208-800-9073
📲 Email: info@goodnewsrealtygroup.com
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Question – Do you think that the Real Estate Market is crashing or correcting?

#housingmarketcrash #interestrates #boiseidaho

00:00 Intro & Realtor.com Prediction
02:00 Boise Housing Trends Pre-Pandemic
06:00 Current Housing Data (Sales, Inventory, Permits)
12:00 Economic Indicators (Unemployment, Inflation, Debt)
14:30 Conclusion: Is $1.2M Realistic?

About this video:
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.

Can Trump Save the Housing Market?

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Can Trump Save the Housing Market?

Housing Market Collapse? Trump’s Return Could Change EVERYTHING!

Is the housing market on the verge of collapse—or can Trump’s Housing policies turn things around? Housing market trends, including plummeting home values and rising short sales, while exploring what Trump’s return on January 20th could mean for homeowners.

Will his proposed credit card interest caps and energy policies help stabilize the economy? Or is the damage already too great to fix? We’ll break down the potential ripple effects on housing prices, the economy, and everyday Americans.

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

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

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

⏰ Timecodes ⏰
0:00 – Trump’s January 20th Comeback
0:02 – Will His Policies Help or Hurt Americans?
0:12 – UFC Fans Show Support for Trump
0:27 – Less Than Half of America Supports Trump
1:04 – Trump Elected: The 47th President Returns
1:28 – Can Trump Fix the Housing Market?
2:01 – Repossessions and Rising Credit Card Debt
3:01 – Credit Card APR Skyrockets: The Impact on Americans
4:02 – The Risks of Capping Credit Card Interest Rates
5:20 – Energy Costs: Trump’s Pipeline Promise
6:09 – Will Trump’s Policies Lead to Inflation?
7:02 – Trump’s Bold Energy Plan: Drill, Baby, Drill
8:49 – Government Efficiency: Cutting Federal Spending by 80%
10:02 – Treasure Valley Housing Market Decline
11:27 – Short Sales Surge: A Symptom of the Crisis
12:21 – Is It Too Late for Trump to Fix This?

#housingmarketcrash #interestrates #boiseidaho

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

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.