ilmscore | Housing Expert: “Why Home Prices Will Crash In 2026”

Housing Expert: “Why Home Prices Will Crash In 2026”

Published: 2024-07-10
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The next real estate crash is predicted to occur in 2026, based on the 18-year cycle theory.
"And according to him, he thinks the next real estate crash is going to occur in 2026."
Real Estate Market Cycle
Pending
The next housing market downturn could happen in two years if the 18-year cycle prediction is accurate.
"But if he's right, then our next downturn could just be 2 years away."
Housing Price Decline
Pending
Single-family homes have reduced in size to their smallest level since 2010.
"single family homes have decreased in size to the lowest level since 2010"
Home Size Trends
Pending
A decrease in interest rates is expected to stimulate demand and potentially drive housing prices higher.
"But if interest rates go back down, there is the concern that'll spark more demand, which will push prices even higher than they are today."
Housing Market Outlook
Pending
For the current market conditions, it is advised to only purchase a home if you plan to keep it for at least 10 years and can comfortably afford it.
"in this market, only buy a home that you intend on keeping for at least 10 years that you could comfortably afford."
Housing Market Strategy
Pending
Research indicates that renting is more cost-effective than buying in nearly all regions of the United States.
"research shows that renting is cheaper than buying throughout almost all of the United States."
Rent vs. Buy Analysis
Pending
The break-even point for homeownership, considering buying costs versus renting and investing the difference, can range from 10 to 20 years.
"And other calculators show that it could often take between 10 to 20 years to break even when you account for the cost of buying versus that of renting and investing the difference."
Break-Even Point for Homeownership
Pending