ilmscore | Congress JUST Reset The Housing Market

Congress JUST Reset The Housing Market

Published: 2022-12-02
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
Investors in real estate, particularly in funds like Blackstone's, anticipate lower future returns compared to historical performance.
"Blackstone is facing these issues it's probably a sign that investors believe that real estate will generate smaller returns than we've already seen"
Real Estate Investment Returns
Pending
The IRS will begin tracking third-party payment app transactions exceeding $600, starting in 2022.
"the IRS is now going to be tracking third party payments if you receive an excess of 600 through apps like venmo and PayPal"
IRS Tracking of Third-Party Payments
Pending
Some analysts predicted a significant home price correction following World War II, indicating potential market downturns.
"despite some analysts calling for the biggest home price correction of the World War II era"
Housing Market Correction
Pending
Fannie Mae and Freddie Mac loan limits will increase by 12%, providing an additional $79,000 for buyers.
"Fannie Mae and Freddie Mac's loan limits go up right alongside with it to the tune of 12 percent which equates to an extra 79 000 that buyers could borrow"
Fannie Mae and Freddie Mac Loan Limits
Pending
Investments in real estate should be considered long-term, with an expected holding period of at least 10 years.
"you shouldn't be making an investment like this without expecting it to be at least a 10 year old"
Real Estate Investment Horizon
Pending
Raising mortgage loan limits above $1 million could potentially increase demand and drive housing prices higher.
"increasing loan limits past a million dollars that might inadvertently cause more demand causing prices to go even higher"
Impact of Increased Loan Limits on Housing Market
Pending
The increased loan limits are expected to align with current home sale prices, rather than artificially inflating them.
"this new limit would simply bump up to match what homes are currently selling for"
Housing Market Stability Despite Increased Loan Limits
Pending
A 12% increase in loan limits is unlikely to have a substantial impact on the broader housing market.
"a 12 increase across loan limits is not going to have a significant difference throughout the majority of the market"
Housing Market Prediction
Pending
Even if housing prices decline in the near future, current loan limits will remain in place.
"if we see a drop in the near future these limits are here to stay"
Home Price Correction
Pending