The Largest Housing Crash Is Coming Why I Sold

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11 Aug 2022

Sign Up Today Download the Experian App or visit a http 3A 2F 2Fwww experian com 2Fcredit 2Fcredit-cards 2Fget-started a - Enjoy Huge thank you to Jason Oppenheim for coming on the video - Add us on Instagram GPStephan JasonOppenheim GET YOUR FREE STOCK WORTH UP TO 1000 ON PUBLIC READ MY THOUGHTS ON THE MARKET - USE CODE GRAHAM a http 3A 2F 2Fwww public com 2Fgraham a Trade Bitcoin Doge and other crypto with low fees on FTX Use my referral code GRAHAM and get up to 100 FOR FREE a https 3A 2F 2Fftx us 2Fpartners 2Fgraham a GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER a http 3A 2F 2Fgrahamstephan com 2Fnewsletter a THE 2022 REAL ESTATE MARKET BUYERS It s difficult to place a once size fits all approach throughout everything - although some markets have already started to see a net decline In fact Boise Idaho saw more than 60 of their sellers issue a price reduction along with 50 of sellers dropping their asking price throughout Denver Colorado and Salt Lake City Utah As a BUYER - fortunately you re in a good position to negotiate make lower offers on properties that have sat on the market and - not worry about losing a deal because - most likely - another one is already listed SELLERS Realtor com found that the share of homes that reduced their list price reached 14 9 in June versus 7 6 a year earlier - meaning sellers can no longer ask unrealistic numbers and GET IT but even as of recently nearly 5 offers are being received for every property sold with more than 50 of buyers still offering over list price RENTERS Just recently a Realtor com analysis found that - in metropolitan cities - rent increases have finally begun to slow down and - in some locations - EVEN REVERSE - as demand begins to subside In large cities rents have simply increased to a price that tenants are unable to pay Bloomberg noted that after rents rose almost 12 year over year on the average 2 bedroom apartment they ve begun to come back down with a decrease of 2 9 So overall it s definitely apparent that we are finally beginning to stabilize and enter a new phase of normal that isn t just prices keep rising indefinitely From what I can see mortgage rates have begun to hold firm and even decline to 5 prices are still increasing albeit at a slower pace and rents are only going to go as high as tenants can afford The YouTube Creator Academy Learn EXACTLY how to get your first 1000 subscribers on YouTube rank videos on the front page of searches grow your following and turn that into another income source https the-real-estate-agent-academy teachable com p the-youtube-creator-academy product id 1010756 coupon code 100OFF - 100 OFF WITH CODE 100OFF My ENTIRE Camera and Recording Equipment a https 3A 2F 2Fwww amazon com 2Fshop 2Fgrahamstephan 3FlistId 3D2TNWZ7RP1P1EB a For business or one-on-one real estate investing real estate agent consulting inquiries you can reach me at GrahamStephanBusiness gmail com Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites The content in this video is accurate as of the posting date Some of the offers mentioned may no longer be available This is not investment advice Public Offer valid for U S residents 18 and subject to account approval There may be other fees associated with trading See Public com disclosures

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