Wall Street Is Buying Houses - What You Need To Know
Published: 2023-06-16
Status:
Available
|
Analyzed
Published: 2023-06-16
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Federal Reserve is expected to implement at least two more interest rate hikes of 0.25% each later in the year.
"so far we could expect at least two more potential rate hikes at 0.25 percent a piece"
Pending
Zillow predicts US home prices will increase by 5% this year.
"Zillow says they're forecasting prices for homes that go up five percent this year"
Pending
The current housing market conditions have priced the middle class out of purchasing an average home.
"the middle class is now completely priced out of buying just the average house"
Pending
By 2030, institutions are projected to own 7.6 million single-family rental homes.
"analysts write that by 2030 institutions May own 7.6 million single-family rental homes"
Pending
Expect at least two more 0.25% interest rate hikes by the Federal Reserve this year, dependent on economic conditions.
"so far we could expect at least two more potential rate hikes at 0.25 percent a piece and that just depends on what happens to the economy"
Pending
Institutional ownership of single-family rental homes could represent over 40% of the market by 2030.
"that could be more than 40 percent of the market"
Pending
There is a 71% probability of a 0.25% interest rate increase by the Federal Reserve in July.
"now the market data is telling us there's a 71 chance that interest rates will go up by a quarter percent in July"
Pending
Institutions may own 7.6 million single-family rental homes by 2030, representing over 40% of the market.
"analysts write that by 2030 institutions May own 7.6 million single-family rental homes That could be more than 40 percent of the market"
Pending
In 2021, 28% of all homes sold in Texas were purchased by corporations.
"in 2021 for example 28 of all the houses sold in Texas were bought by corporations"
Pending
US housing construction has drastically decreased from over 400,000 entry homes per year in the 1970s to only 65,000 in 2020.
"the US used to build over 400 000 entry homes per year fast forward to 2020 and we built only 65 000 homes"
Pending
Rent increases for single-family homes have been higher than the national average since the pandemic began.
"rent hikes for single family homes in this region have outpaced other parts of the country since the onset of the pandemic"
Pending
Incentivizing smaller banks and corporations to convert failing commercial real estate into residential real estate with tax breaks or lower refinancing rates is proposed as a solution.
"what if we incentivize those smaller Banks and corporations that volunteer to convert some of their failing commercial real estate into residential real estate and the ones that too could get a preferable tax break or a lower interest rate when they refinance"
Pending
Rents for two-bedroom detached homes have seen significant increases: 43% in Phoenix, 44% in Tampa, and 35% in Atlanta since the pandemic.
"rents for a two-bed detached home increased about 43 percent in Phoenix they're up 44 in Tampa and 35 in Atlanta"
Pending
New housing construction in the US has dramatically decreased, from over 400,000 homes per year in the 1970s to only 65,000 in 2020.
"back in the 1970s the US used to build over 400 000 entry homes per year fast forward to 2020 and we built only 65 000 homes"
Pending
There's a proposal to incentivize banks and corporations to convert failing commercial real estate into residential properties.
"what if we incentivize those smaller Banks and corporations that volunteer to convert some of their failing commercial real estate into residential real estate"
Pending