ilmscore | The Market Just Peaked | How To Stay Safe

The Market Just Peaked | How To Stay Safe

Published: 2022-05-23
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
22 out of 32 real estate professionals surveyed do not believe the market will correct.
"22 said the market will not correct at all"
Real Estate Market Correction
Pending
The speaker believes interest rates will be lower in seven years.
"i believe that seven years from now rates will be lower than they are today"
Interest Rates
Pending
Interest rates tend to stay closer to zero in the long term.
"rates like to stay closer to zero"
Interest Rates
Pending
Any potential fall in real estate prices is predicted to be temporary.
"if prices fall i think it'll be temporary anyway"
Real Estate Market Dynamics
Pending
Expensive cities with high income-relative growth are most vulnerable to price drops.
"if you live in those more expensive cities that have experienced the highest levels of growth relative to people's incomes then those are the cities that are the most exposed to falling prices"
Real Estate Market Dynamics
Pending
Cheaper cities offer more protection against real estate price declines.
"if you live in the cheaper cities then you are obviously more protected"
Real Estate Market Dynamics
Pending
The speaker believes rates will decrease in the future, allowing for refinancing to a lower rate.
"my bet is that rates will be lower in the future at which point i could refinance get the lower rate"
Real Estate Investment Strategy
Pending
The speaker advises buying a home now if one has a stable job and can afford it.
"i would buy today as long as i had a stable job and i could afford it"
Real Estate Investment Strategy
Pending