ilmscore | The Great Housing Market Reset

The Great Housing Market Reset

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
Buyers will likely have to pay their real estate agents separately, and sellers will pay listing agents, leading to two separate negotiations, with more information expected this summer.
"now what it seems like is going to happen you as a buyer are going to have to pay your buyer agent separately and how the seller is going to have to pay the listing agent that'll be two separate negotiations going on that's what it seems but we'll find out more information this summer so stay tuned on that"
Real Estate Agent Commissions
Pending
Anticipation that the Federal Reserve will cut interest rates in 2024, leading to a fall in mortgage rates.
"hoping and praying that the Federal Reserve Bank is going to start cutting interest rates soon in 2024 so mortgage rates finally fall"
Mortgage Rates
Pending
Prioritizing financial sacrifice to build wealth first will enable future home purchases of larger homes without concern for price, as opposed to becoming wealthy by buying a home.
"if you buy what you can afford then you can put more money towards your Investments which means you'll be able to buy a bigger home in the future not have to worry about the price because you put in the sacrifice the financial sacrifice to build your wealth first before you make everybody else Rich"
Home Affordability
Pending