For the second consecutive month, Corelogic upwardly revised their real estate market predictions over the next 12 months. In today’s housing market forecast summary, I share all the details as well as the 5 markets Corelogic believes will most likely see home prices decline on a year over year basis over the next 12 months. Comment below with your real estate market predictions and thank you for watching the video! Like and subscribe!
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To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6.4% for the current mortgage rates (at the time of filming this video for borrowers with exceptional credit).
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Source of report I shared:
Compilation of Housing Market Forecast videos:
Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?
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Jason Walter, CPA (lic 103885)
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Realty ONE Group Complete (DRE 01923240)
jason@meetjasonwalter.com
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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.
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#housingmarket #housingforecast #Corelogic
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Compilation of Housing Market Forecast videos
https://youtube.com/playlist?list=PLiQQpOejscIcBF1Jw2zG6Uvg7qDav_oGi
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I can’t wait for the market to crash.
Excellent. Thank you. I wonder how the large increase in property taxes, insurance, etc will affect house prices and sales? The 10-years are still very low compared to historic rates.
Happy birthday to your mom.🎉❤
When done show. Thanks.
Hi great video. I think it will be much much worse than you think. Contracts for new houses has already collapsed this will also happen on the rest of the market. Of course it will not effect the wealthy but who wants to have the only occupied house on the street?
Great content Jason and thanks. I’ll be sure to look you up as we are planning a move to the Sacramento area in about a year.
I wish home prices would just go down already! Thanks for being amazing Jason 😊
Happy birthday mom 🎉
thanks for the ta big dawg
Hopefully prices will decline 40% next year. Prices are just stupid now. I'm tired of corporations ruining the housing market in the world.
happy bday moms big ❤️
look at me. I'm the captain now.
stop saying aaaaaand we're back! stop it! bad English precedent 👎
The Fed isn't done raising interest rates, layoffs have begun and will accelerate and we're entering a recession. Remember, the Fed has stated that they will use the housing market, unemployment and spending as gauges to determine when interest rates have been raised enough to stop raising them. They will then maintain them at that level for some extended period of time. So when the housing market has lost significant value, unemployment is significantly higher and spending is crippled, we'll stay at that point for a while. Add to this the coming sale of foreclosed homes, the sell off of real estate by large corporations like Blackrock, BRICS and the movement away from the US Dollar, the upcoming war(s) and it begs the question, why would ANYONE buy real estate right now?! We keep hearing those that want you to buy, take out loans or invest tell us how it's going to get better… they also said that real estate never loses value, it only goes up. Anything to get YOUR dollars. Just be patient, watch and wait. It's going to be epic and those with liquidity will have the opportunity of a lifetime.
Happy Birthday mom!!!! 🥳
Thank You So Much Jason for such honest & easy to understand Data
Happy birthday Jason's mom
Happy birthday to your mother, Jason!
Always such valuable content. Thank you Jason!
Happy Birthday to your mom! 🎉❤
Happy birthday to your mom!!
No video today???? 😢
Even as sellers pull their properties off the market at an aggressive pace, it's not enough to offset the drop in demand. The months of inventory is growing at an incredible pace since FOMO is gone and institutional buyers trying to do quick flips have dried up. There's zero chance house prices nationally from June 2022 to June 2023 YoY will be higher. More like 8-12% lower.
As always, thank you for delivering such incredible content. ❤
In Las Vegas there are hundreds of vacant homes.
More from the DC , MD VA area please?