Could This Trigger Mortgage Rate Cuts & Why is Everyone Moving HERE?
Published: 2024-07-12
Status:
Analyzed
Published: 2024-07-12
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Fed will implement at least one interest rate cut by Fall 2024 (September or November).
"it'll be this fall there'll be at least one rate cut I think so"
Pending
The Fed will lower interest rates at a slow pace.
"I'm of the opinion Kathy that the FED is going to raise lower rates pretty slowly"
Pending
The Fed will aim to increase the unemployment rate to approximately 4.5%, but not beyond that.
"that's obviously what the FED is going to try and be doing is like push this up maybe to 4 and a half% but they probably don't I would imagine want it to go much beyond that"
Pending
Mortgage rates will trend positively (likely meaning decline or stabilization) in 2025 if the Fed initiates rate cuts.
"I do think if the FED starts to cut rates that will be a positive indicator for mortgage rates going into 2025"
Pending
Softening multi-family rents in specific oversupplied cities will persist for the remainder of 2024 and possibly into early 2025 due to continued new supply, but this trend is temporary and these units will eventually be absorbed by underlying housing demand in the U.S.
"I do think that uh this trend of softening rent is probably around for a little while longer in those cities because...we're still going to have a lot of new supply for the rest of this year and like maybe a a little bit into 20125 and then it's going to start to slow down and so do I think the trend will continue yes probably for the next couple of months in those specific markets again but I do think this is generally a temporary thing because as you've probably heard there is a lack of housing in the United States and in my mind the reason that we're just seeing an over Supply is is more of a timing thing a short-term timing thing than it is this big macro uh issue because demographics show us that there is going to be demand for housing and we do need these units the problem is like everyone's not moving at the same time and so if you have a market like Denver I'm just going to make up the numbers but like let's just say there's 4,000 people who need a new apartment every month in Denver and we just so happen because the way building Works getting 10 ,000 units that particular month those 10,000 units are going to have to fight and compete for the 4,000 renters and they compete by lowering prices and so we're sort of in this prolonged you know that's just a small example but we're in a period where we're having that happen over a prolonged period of time but eventually in my opinion these units are going to be absorbed because we just need more housing in the United States"
Pending
New real estate markets will emerge in more affordable areas as employers relocate their operations, creating new, sustainable job centers that attract residents.
"if you're seeing employers also say wellow this City's too expensive I'm going to move my operations out into this more affordable area now you have jobs created there and now that's a new new center it's a new Metro there's there's reasons people why people would stay there regardless of what happens with markets in the coming years"
Pending
Senior housing will be a dominant theme in the real estate market for the next 10-20 years, driven by the aging population seeking affordable retirement locations.
"senior housing is going to be the theme for the next 10 to 20 years where are these people moving they're going to be on fixed incomes because they're retiring so affordability again becomes more and more important where are they going to retire when you if you can get your finger on that pulse you will benefit over the next 10 to 20 years"
Pending
Investors who track and follow the migration patterns of Millennials and seniors seeking affordable housing in the suburbs will see profits over the next 10-20 years.
"And over the next 10 to 20 years you will profit following where these people are going"
Pending
Asset values, including the stock market and housing, will continue to rise due to inflation, which is driven by U.S. money printing to service debt and the Fed's 2% inflation target.
"asset values will continue to rise and both in the stock market and in housing of course we don't have a crystal ball but based on the the fact that the US is dependent on printing more money just to pay our debt um that tends to create inflation the the FED wants to create inflation at least at 2% uh so this things will continue to inflate and I get the fear"
Pending
Home prices are expected to increase by 5-10% in the next year.
"Let's say prices go up five 10% in the next year it's not going to make a huge difference in your down payment"
Pending