ilmscore | My Response To Dave Ramsey

My Response To Dave Ramsey

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
Fanny May predicted a 3.2% increase in home prices by the end of 2023.
"Fanny May believes that home prices will eventually return back to their historical norms by the end of 2023 with a 3.2% increase."
Housing Market
Pending
Black Knight predicted that housing prices will mirror inflation rates in the coming years, leading to modest or no real return, but homeowners' net worth will likely increase due to leverage and low mortgage rates.
"Black Knight went so far to say that housing prices in the coming years should parallel inflation rates with modest or no real return, but with leverage and locked in mortgages below the inflation rate, homeowners real net worth is likely to continue to climb."
Housing Market
Pending
The speaker predicts a leveling off of housing prices, with a healthier long-term market seeing a 2-4% annual increase, rather than the previous 5-10%.
"until more homes are built, most likely we're going to see a leveling off of prices. And even though they might not increase by 5 to 10% every single year, a 2 to 4% increase will represent a much more healthier and balanced market long-term that I think frankly is much needed."
Housing Market
Pending