ilmscore | A Warning To All Homebuyers (not clickbait...)

A Warning To All Homebuyers (not clickbait...)

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
The Federal Reserve is not expected to cut interest rates soon and may even raise them again before the end of 2023.
"the Federal Reserve Bank came out this week, this week, and they said, "We don't expect to cut interest rates anytime soon. In fact, they're expecting to raise interest rates again before the year ends.""
Interest Rates
Pending
A 5% reduction in home prices is considered a small decrease, given the significant increases seen in recent years.
"Let's assume now that home prices continue to struggle and maybe we see, I don't know, a 5% reduction in home prices, which really isn't that much considering home prices have gone up so significantly over the last couple of years."
Home Prices
Pending
Inflation is still high, with prices rising quickly and not yet at the 2% target.
"the prices of things are still rising quickly. We haven't hit 2% inflation yet."
Inflation
Pending
The real estate market is not static and will not remain in its current state indefinitely.
"And no real estate market stays in the same place forever."
Real Estate Market
Pending