ilmscore | The Housing Market Just Flipped

The Housing Market Just Flipped

Predictions from this Video

Total: 24
Correct: 0
Incorrect: 0
Pending: 24
Unrated: 0
Prediction
Topic
Status
The Federal Reserve is considering lowering interest rates to boost the economy and housing market.
"The Federal Reserve Bank is now seriously considering lowering interest rates to stimulate the economy and to stimulate the housing market."
Federal Reserve Interest Rates
Pending
The median home price in the US reached $585,000 in April 2025.
"By April of 2025, the median house in America is now selling for $585,000"
Housing Market Prices
Pending
The average 30-year fixed mortgage rate was 6.12% in April 2025.
"the average 30-year fixed mortgage rate is 6 12%"
Mortgage Rates
Pending
The housing market is trending downwards with increased seller concessions and price cuts.
"the housing market trajectory is downwards because we're seeing more seller concessions. We're seeing more price cuts."
Housing Market Trajectory
Pending
A potential decrease in mortgage rates could increase demand, which might stabilize or prevent housing prices from falling further.
"mortgage rates could potentially go down to increase demand. Again, let's start by talking about the velocity of housing prices. Because if we see more buyers enter the market, well then that could also even out housing prices to potentially not see housing prices fall."
Mortgage Rates
Pending
President Trump advocates for lower interest rates from the Federal Reserve.
"President Trump has made it very clear that he wants to see lower interest rates by the Federal Reserve Bank."
Federal Reserve Interest Rates
Pending
There are indications that the Federal Reserve may consider lowering interest rates in the near future.
"now we're starting to hear more discussion that maybe the Federal Reserve Bank is open to the idea of cutting interest rates sometime soon."
Federal Reserve Interest Rates
Pending
Hypothetically, if mortgage rates dropped to 5%, demand for housing could significantly increase.
"if interest rates do fall and let's just say hypothetically mortgage rates were to go down to 5% that could very likely increase demand."
Mortgage Rates
Pending
A recession or a general cooling of the economy could lead the Federal Reserve to cut interest rates, potentially bringing mortgage rates down to 5%.
"there's two reasons that could bring us down to 5% mortgage rates. Number one is we enter a recession. Number two is because of time. Number one, if you enter a recession, well, the Federal Reserve Bank generally cuts interest rates when we are in an economic slowdown."
Federal Reserve Interest Rates
Pending
A recessionary economic environment with lower mortgage rates is predicted to increase demand in the housing market.
"if we enter a recession, a slowing economy, we could see lower mortgage rates, which would then boost the housing market in terms of demand."
Housing Market Dynamics
Pending
Home sellers are now outpacing buyers, leading to price cuts in the housing market.
"For the first time in 12 years, home sellers outpace home buyers. That means yes, price cuts are finally here."
US Housing Market
Pending
The Federal Reserve is considering lowering interest rates to stimulate the economy and the housing market.
"The Federal Reserve Bank is now seriously considering lowering interest rates to stimulate the economy and to stimulate the housing market."
US Housing Market
Pending
The median house price in the US reached $585,000 by April 2025.
"By April of 2025, the median house in America is now selling for $585,000"
US Housing Market Prices
Pending
The average 30-year fixed mortgage rate was 6.12% by April 2025.
"while the average 30-year fixed mortgage rate is 6 12%"
US Mortgage Rates
Pending
Between 2020 and April 2025, the median house price increased by over 50%, and the corresponding monthly mortgage payment increased by around 115%.
"The median house in America has jumped up in price by more than 50%. And the monthly mortgage payment on the same house has jumped up by around 115%"
US Housing Market Affordability
Pending
Between 2020 and 2025, median income in the US grew by approximately 20%, significantly less than the rise in housing costs.
"the median income in America has grown between 2020 and 2025 by about 20%. Meaning the cost of housing has very much outpaced incomes."
US Income Growth vs. Housing Costs
Pending
The housing market is trending downwards, with an increase in seller concessions and price cuts.
"the housing market trajectory is downwards because we're seeing more seller concessions. We're seeing more price cuts."
US Housing Market Trajectory
Pending
In 2025, an excess of sellers over buyers is causing housing prices to decline.
"When you have more sellers than buyers, more supply than demand, that pulls housing prices lower. And that's what we're seeing now in 2025"
US Housing Market Prices
Pending
Mortgage rates may decrease, which could stimulate housing demand.
"mortgage rates could potentially go down to increase demand."
US Mortgage Rates
Pending
A hypothetical decrease in mortgage rates to 5% could significantly boost housing demand.
"if interest rates do fall and let's just say hypothetically mortgage rates were to go down to 5% that could very likely increase demand."
US Mortgage Rates
Pending
If housing demand increases and surpasses the number of available sellers, home prices could rise.
"if we see an increase in demand and it outpaces the number of sellers, that could push home prices up again."
US Housing Market
Pending
A recession could lead to mortgage rates dropping to 5% as the Federal Reserve cuts interest rates.
"there's two reasons that could bring us down to 5% mortgage rates. Number one is we enter a recession."
US Interest Rates
Pending
The Federal Reserve typically lowers interest rates during economic slowdowns or recessions, potentially leading to lower mortgage rates.
"Number two is because of time. Number one, if you enter a recession, well, the Federal Reserve Bank generally cuts interest rates when we are in an economic slowdown."
US Interest Rates
Pending
A recession could lead to lower mortgage rates, subsequently increasing demand in the housing market.
"So if we enter a recession, a slowing economy, we could see lower mortgage rates, which would then boost the housing market in terms of demand."
US Housing Market
Pending