ilmscore | The Housing Market Just Flipped – Sellers Panicking!

The Housing Market Just Flipped – Sellers Panicking!

Published: 2025-06-09
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 4
Incorrect: 4
Pending: 2
Unrated: 0
Prediction
Topic
Status
Redfin predicts a 1% dip in housing prices by the end of 2025.
"we could see a 1% dip by the end of the year."
Housing Market
Incorrect
National home price gains slowed to 3-4% by early 2025, with March showing gains near zero.
"national home prices have only increased 3 to 4% ... by March of this year, national home price gains were down to nearly zero"
Housing Market
Incorrect
In 31 of the 50 largest US metros, homes are selling below list price, indicating a buyer's market.
"This means that prices on average are now selling below their list price with 31 out of the largest 50 metros now being called a buyer market."
Housing Market
Correct
Miami has a severe buyer's market with a seller-to-buyer ratio of 3:1.
"The most extreme example of this could be found in Miami where there's three sellers for every one buyer."
Housing Market
Incorrect
Condo sale prices are projected to continue outperforming single-family homes in terms of modest year-over-year growth.
"condo sale prices are barely up 4% year-over-year compared to 1.5% for single family homes. And this trend is expected to continue into the near future."
Condominiums
Incorrect
Specific cities are experiencing year-over-year price declines in early 2025, including Oakland (-4.9%), Dallas (-4.5%), Jacksonville (-3%), Austin (-2.5%), Seattle (-1.5%), and Denver (-1%).
"Oakland, California down 4.9%, Dallas, Texas down 4 and a.5%, Jacksonville, Florida down 3%, Austin, Texas down 2 1/2%, Seattle, Washington down 1 and a.5% and Denver, Colorado down 1%."
Housing Market
Pending
Austin and Oakland home prices have fallen more than 21% and 19% respectively from their 2022 peaks, offering double-digit discounts in these and other markets.
"Austin, Texas is down more than 21%. Oakland is down over 19% followed by New Orleans, San Francisco, and Washington. In each of these markets, buyers can now get doubledigit discounts from where prices were just 3 years ago."
Housing Market
Correct
The housing market is predicted to experience flatlining prices or very moderate gains in the near future.
"we might see a more flatlining of prices or really moderate gains, if anything."
Housing Market
Correct
Adding an extra unit to an existing property is presented as a significant opportunity, with a potential 10-12% return on investment through increased monthly cash flow.
"building out an extra unit on a property that you already own. ... I'm going to be able to make an extra $2,200 a month for a property that I already own, which works out to be about a 10 to 12% return"
Real Estate Investment
Pending
Sales prices in the housing market are expected to soften over the next few years.
"we're going to see sales prices soften over the next few years"
Housing Market
Correct