‘The Claman Countdown' panelists Robert Novogratz and Cortney Novogratz discuss the state of the housing market. Subscribe …
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‘The Claman Countdown' panelists Robert Novogratz and Cortney Novogratz discuss the state of the housing market. Subscribe …
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23 comments
The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.
Making 17$ per hour paying 1600$ 1 bed room rent L
America’s future is in stopping corruption that eats away country
Societies with weak governance, laws and institutions that advance humanity do not generate growth and do not change for the better – Nobel laureates Acemoglu, Johnson and Robinson
The housing prices in Casa Grand is hella cheap..about $150k – $200k which is the cheapest anyone can get I no my state but the only problem is that no one wants to live in Casa Grand…it’s in the middle of the desert and it’s hours away from the nearest city
Spoiler alert… This is an advertisement.
No, we would be perfectly fine buying a dated or fixer-upper house. But we can't, b/c investors like Robert and Courtney Novogratz bid them up in all cash or same-as-cash hard money short term interest only financing and push first time FHA home buyers out, they renovate with luxury finishes, and list for $1.2 Million and sell to a very high income couple. Or they rent out for $4,500/mo. Completely screwing over the middle class first time home buyer family who would have been fine with purchasing it for the fair market price of $280,000 and fixing it over time. But instead, investors such as these get to make tax-free profits. How about this….make it illegal for investors and corporations to buy single family homes.
Screw your furniture
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Just put an offer into a house we can actually afford that has the features we want. Sure it’s more expensive than it was 4 years ago, but I’m not putting life on hold for a chance prices could fall. It’s gonna be a buying frenzy if prices fall and it’s gonna be a buying frenzy if interest rates fall. Unless if inventory suddenly floods the market due to a devastating economic collapse, this is the new norm.
Housing Market highs are often followed by corrections, but predicting when and how severe they’ll be in future is difficult. I’ve heard some analysts mention a ‘massive’ correction, which makes me question whether I should adjust my $2M portfolio or perhaps explore some defensive investment options.
YouTube continues to censor any comment that talks about the real reason housing is so expensive and in the biggest fraud driven bubble in History
Nothing but an ad lol
just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
With federal debt overhang, the Fed will start quantitative easing trying to keep prices and rates down. Like Japan, we will have a lost decade with no home price movement much either way. Come back in 2034.
What is this lady talking about? New home sales are up because people are buying in houses in vein 🤪 when was the last time you tried to buy a house Ma’am? I’m looking at them now and new homes are offering so many incentives that they are actually CHEAPER than these boomer houses who refuse to negotiate. Lennar gets it in the other hand and can’t afford to sit on a house for another year… they run a business and cut prices first (even if it’s not in the nominal price). This is why their financials they just released said on average they are providing buy downs or free upgrades of $48k PER HOME on average. Is Millennials are actually getting new homes cheaper.
He had it inside and out painted and got the cheap Chinese cabinets and he got an amazing profit
They could have spent the 200 billion on making life easier for Americans. But instead they printed it for wars. Wars that we have nothing to gain from. Tell me, why is Ukraine and Israel's wars our problem? We're 2,000 miles away. Let Europe fight its own wars. Make them pay their fair share.
They wanted $250,000 for a piece of sh** bungalow that was made in 1940 and it had no bedrooms and one bathroom and the property was small af
It’s definitely a tricky time, but I think there are still good opportunities if you know where to look. Some people are investing in multi-family properties or looking at up-and-coming areas. It’s all about finding value where others aren’t looking
The new homes are selling because the can add upgrades w/o increasing sale price. In short used homes cost more to get less.
Owning a run down SHACK , right next to a GOLD MINE that produces 100's of ounces of gold every day.
450k but didn't have 2 nickels… lol
Once dem loan 🦈🦈,all that bs… Get dem interstate lien's,all that… About their physical address, more no bs…. They will 🛑 playing all dem 🎮s like that no bs