America’s Real Estate Show

1980’s Interest Rates in 2022? What is going to happen to the real estate market in 2022?

Are we really going back to the 1980's Interest Rates? Let me explain so you understand where we're going and what to do. No, it's a different world, rates won't go up to 17%, but they will start going up to 7% and 8%. Where will they stop? No one knows. 
I dive into a few different articles below. Interest rates in 2022 and interest rates in 2023 look like they will continue to climb steadily. This will affect the real estate market, but not dramatically. Real Estate in 2022 will not be in for a housing crash as of April 2022. Let's see how the market does through the rest of 2022. 
Zillow actually has a great article about the real estate market in 2022. 
https://www.zillow.com/research/a-change-in-the-wind-higher-mortgage-rates-inventory-rebound-could-be-first-steps-toward-a-more-balanced-market-march-2022-market-report-30970/
Fed's Powell, half-point hike in view, and they will continue to go up: 
https://www.reuters.com/business/finance/feds-powell-half-point-rate-increase-table-may-meeting-2022-04-21/?utm_source=pocket_mylist
How the Federal Reserve affects mortgage rates:
https://www.bankrate.com/mortgages/federal-reserve-and-mortgage-rates/?utm_source=pocket_mylist
Existing Home Sales Continue To Fall: 
https://www.realtrends.com/existing-home-sales-continue-to-fall/?utm_source=pocket_mylist
Mortgage Calculator
https://www.google.com/search?q=mortgage+calculator&oq=mortgage+calculator&aqs=chrome.0.69i59j0i433i512j0i131i433i512j0i512l3j0i433j0i512l3.2971j0j4&sourceid=chrome&ie=UTF-8
#housing2022 #housingcrash #Interestrates #Realestate101 #RealEstate2022

Real Estate Predictions for 2022. Will the housing market crash?

Real Estate Predictions for 2022 #Realestatenews #HousingMarket2022 #TristanAhumada #housingcrash2022 #housingbubble #housingbubble2022
Correction: 💙 Minute 7:21 The graph indicates 2020, It's supposed to read May 2000 for the 19-month span.
I'm seeing a lot of opinions based on nonfactual information when it comes to real estate. Well, I've got some great information on the real estate market for 2022 so far as of April 2022. Let's talk about housing demand, buyer demand, home prices, and foreclosures in 2022. 
Housing demand in 2022 will go down. Yes, that means there will be fewer buyers. Redfin has a great article that shows how home prices have decreased over the last 4 weeks in April 2022. 
https://www.redfin.com/news/housing-market-update-easter-passover-slowdown/?utm_source=pocket_mylist
There will be less competition. Some buyers will be forced out of buying because the rate is increasing. This is a great article in the Wall Street Journal on the real estate market in 2022. If you have a subscription then you can read it: https://www.wsj.com/articles/decade-high-mortgage-rates-pose-threat-to-spring-housing-market-11650101401?utm_source=pocket_mylist
Home prices will continue to go up! What? How does that make sense? Well it's true prices will continue to go up for a few reasons, but the main ones are that the demand is still high because there aren't enough homes being built and that's hurting the market. If interest rates continue to go up in 2022 that may change if they reach 9% or higher, so demand is conditional on the rates staying around 6-7%. Here are some great graphics from Keeping Current Matters. https://docs.google.com/presentation/d/1Sn0dDXWPWcoRvA-X8EnJ_-yGsTCADmfQ/edit?usp=sharing&ouid=106566799845187607039&rtpof=true&sd=true
What's going to happen with Foreclosure in 2022? Well, It's not looking bad right now. They are remaining artificially down right now and if inflation keeps rising up and rates rise dramatically that may cause some problems. Just keep on remembering that as of 2022 most homeowners have massive equity in their homes and lenders were very responsible when it comes to lending since the collapse of our economy in 2007-2008. Check out these articles: 
1. https://www.marketwatch.com/picks/foreclosures-have-jumped-70-heres-what-that-says-about-the-housing-market-01647301411?utm_source=pocket_mylist
2. https://www.forbes.com/advisor/mortgages/foreclosures-hit-record-low/?utm_source=pocket_mylist
If you have any questions or comments please reach out to me or comment below.
#housingmarket#realestate2022

How high will mortgage rates go in 2022?

Will mortgage rates keep rising in 2022? Where will the rates stop in 2022? The answer is we don't really know and the rates are tied to inflation which is tied to some things that are out of our control. We know the interest rates for mortgages are at 5% as of April 15th, 2022, but they may end up as high as 7%. 
The good thing is that when it's deemed that inflation is done or that at least we have a grasp on it we will see rates drop down again. I think the mortgage rates will go up over 6% this year and will drop back down slightly. The real estate market in the USA is on fire and people are still submitting multiple offers so if you're looking to buy a home this spring 2022 lock-in that rate asap.
Articles I talked about. 
Freddie Mac: https://www.freddiemac.com/pmms
Bankrate: https://www.bankrate.com/mortgages/will-the-rise-in-mortgage-rates-hurt-home-prices/
Forbes on predictions: https://www.forbes.com/advisor/mortgages/mortgage-interest-rates-forecast/
Demand For Products (google): https://www.google.com/search?q=why+does+the+fed+raise+rates+during+inflation&oq=Why+does+the+fed+raise+rates+during+inflation&aqs=chrome.0.0i512j0i22i30j0i390l5.10911j0j9&sourceid=chrome&ie=UTF-8
Redfin: https://www.redfin.com/news/housing-market-update-demand-slips-more-price-drops/
ShowingTime: https://www.showingtime.com/impact-of-coronavirus/
Mortgage Application Decrease: https://www.mba.org/news-and-research/newsroom/news/2022/04/13/mortgage-applications-decrease-in-latest-mba-weekly-survey-higher-mortgage-rates-to-slow-purchase-originations-growth-and-refinances
#MortgageRates2022#HousingCrash#RealEstateMarket#Mortgagerate

Home Buyers Leaving California and New York?

Are people really leaving California, New York, Seattle, and other big cities to go to smaller ones? Let's take a look at this great article by Redfin where they break down the outflow of people, the inflow of people, and the searches that are happening on the Redfin website. 
You'll see that people leaving California are leaving from San Francisco to Sacramento, which means they aren't really leaving California, but you look at New York you see them migrating to Miami mainly. What's going to happen in the next few months as interest rates rise and inflation goes up in the United States is that people will start looking to move to more affordable areas in Florida, Texas, in Arizona. The American Dream is still alive and going!
#HousingCrash#Housing#HousingMarket#TristanAhumada#California#Newyork#HomeBuyers

Will a recession affect the real estate market in 2022?

Will a recession affect the real estate market in 2022? #HousingCrash #Housing #RealEstateMarket
Lots of talk about a recession and inflation. I break it down a little bit for you here so you don't have to freak out. Some good articles and links for you to take a look at so you can read through it and make up your own mind. 
NPR on what's going on now: https://www.npr.org/2022/04/13/1092291748/economy-recession-inflation-federal-reserve-interest-rates
Consumer Price Index April 2022: https://www.bls.gov/news.release/cpi.nr0.htm
US Inflation Wall Street Journal: https://www.wsj.com/articles/us-inflation-consumer-price-index-march-2022-11649725215?st=6r1pufktoiywrg7&reflink=article_imessage_share
Investopedia What Causes Inflation: https://www.investopedia.com/ask/answers/111314/what-causes-inflation-and-does-anyone-gain-it.asp
Investopedia Inflation and Interest Rates
https://www.investopedia.com/ask/answers/12/inflation-interest-rate-relationship.asp
Investopedia on Defining Recession: 
investopedia.com/terms/r/recession.asp
#HousingCrash#Housing#RealEstateMarket#Recession#RealEstate

The Second Home Market Is Crashing | Redfin, Freddie Mac, Forbes

The Second Home Market Is Crashing | Redfin, Freddie Mac, Forbes
I've got some great information on this one. We dig into Redfin's latest report that shows data from Optimal Blue. Looks like the second home market is slowing down which means that we will see more opportunities for buyers In those markets. https://www.redfin.com/news/second-home-demand-drop-march-2022/
We also take a look at how interest rates have affected home prices over the years through a great Freddie Mac graphic. 
Lastly, we jump Into a recent article by Forbes Magazine that shows what's really happening with the market according to economists and real estate experts. https://www.forbes.com/advisor/mortgages/will-housing-market-crash/
#Housing#RealEstateMarket#RealEstateCrash#SecondHomeMarket#Tristan#Investors#RealEstate2022#RealEstateCrash2022

Is It Better to Rent or Buy | The Housing Market in 2022

You would think you know the answer to this question: Should I rent or should I buy a home in 2022. It's not as easy as it looks so let's dive into some data and look at the short-term and the long-term effects of buying and renting a home in this current real estate market. 
In short, if you are looking to buy a home make sure you know that. you have to stay in for. a few years in order to make good equity on it. If you're looking for a quick equity play then it's probably best to rent in 2022 and 2023. 
I have 1 new article from the Wall Street Journal and one I used 2 weeks ago that you will love that breaks down renting and buying and how this affects the real estate market.
Wall Street Journal Article on renting or buying: 
https://www.wsj.com/articles/is-it-better-to-rent-or-buy-what-to-do-in-a-hot-housing-market-11652312186
An older article on Rent/Price ratio and the housing market for 2022: https://fortune.com/2022/04/14/us-housing-market-real-estate-crash-prediction-metric/?utm_source=pocket_mylist
Some popular questions about Real Estate in 2022
The Real Estate Market is going to crash? No
What does the research say about the housing market? It's not going to crash
Will inflation affect the real estate market? Yes, it will, but as long as interest rates remain lower it will not crash the market. 
Is it a good time to buy real estate? Yes, don't base your purchasing on fear, if you need to buy go ahead and buy a home and do your homework. Home prices still rise in cycles and real estate has always been a long-term play. It's no different with real estate in 2022.
Is it a good time to sell a home in real estate? Yes, some economists indicate that this year will be the height of the market for home prices.
#Housingcrash#Housingbubble#RealEstateMarket#RealEstate2022#TristanAhumada#RealEstateCrash

Price Reductions Are Increasing | The Housing Market

Homebuyers are still pushing demand when it comes to real estate in 2022. Inventory on Track to See Growth in the Coming Weeks as we jump into the summer real estate market which is typically crowded with buyers and sellers. There is a lot of great data coming out on the real estate market for 2022 and we've got to use it to see where the housing market is going for 2022. We dove into 1 article which was lengthy and great! Here is the Realtor.com report that has some great data: https://www.realtor.com/research/april-2022-data/ Some popular questions about Real Estate in 2022 The Real Estate Market is going to crash? No What does the research say about the housing market? It's not going to crash Will inflation affect the real estate market? Yes, it will, but as long as interest rates remain lower it will not crash the market. Is it a good time to buy real estate? Yes, don't base your purchasing on fear, if you need to buy go ahead and buy a home and do your homework. Home prices still rise in cycles and real estate has always been a long-term play. It's no different with real estate in 2022. Is it a good time to sell a home in real estate? Yes, some economists indicate that this year will be the height of the market for home prices.
#Housingcrash #Housingbubble #RealEstateMarket #RealEstate2022 #TristanAhumada #RealEstateCrash

Common Sense in Real Estate | The 2022 Real Estate Market

#housing2022 #housingmarket #Housingbubble #housingdemand #tristanahumada
It's obvious to anyone doing any type of research that there is a short supply of homes for the current demand in real estate that's tied to the availability of homes for sale. Let's see where the interest rates will be for 2022 and where the real estate housing market will end up at the end of 2022. 
I'll jump into a few articles and see what the overall consensus is when it comes to real estate for 2022.
Let's talk about the basics of supply and demand. Some of you may need a refresher:
https://www.investopedia.com/ask/answers/030415/who-discovered-law-supply-and-demand.asp#:~:text=Alfred%20Marshall,-After%20Smith's%201776&text=In%201890%2C%20Alfred%20Marshall's%20Principles,the%20market%20is%20in%20equilibrium.
The 10 Year US Treasury bond and the Mortgage Rates
https://mct-trading.com/10-year-treasury-impacts-mortgage-rates/
The rates are stable as of May 6, 2022
https://www.foxbusiness.com/personal-finance/todays-mortgage-rates-may-6-2022
Why Mortgage Rates will remain stable in 2022
https://www.syracuse.com/business/2022/05/why-the-fed-wants-homebuyers-to-face-higher-mortgage-rates.html
Lawrence Yun, chief economist for the National Association of Realtors, noted that the rate on the 30-year mortgage has risen far more this year than the federal funds rate. “This implies that the market is already pricing in around eight to 10 rounds of [Fed] rate increases this year,” Yun said in an email. “If inflation turns higher, then the Fed will need to be even more aggressive, and this will further bump up mortgage rates.”
Redfin Chief Economist: Despite signs of the housing market cooling, prices will remain high
https://jnews.uk/redfin-chief-economist-despite-signs-of-the-housing-market-cooling-prices-will-remain-high/
Housing Market Update by Redfin May 2022
https://www.redfin.com/news/housing-market-update-record-spke-in-price-drops/
Keeping Current Matters Infographic on the real estate Market 2022
https://www.mykcm.com/2022/05/06/2022-housing-market-forecast-infographic/
National Association of homebuilders indicates that homes are unaffordable for 70% of the population in the US: https://www.nahb.org/News-and-Economics/Housing-Economics/Housings-Economic-Impact/Households-Priced-Out-by-Higher-House-Prices-and-Interest-Rates?_ga=2.261114253.1225291056.1645301419-1140320668.1645301419
A great article identifying Supply and Demand as being the chief problem in the housing market. This article is well written and talks about Utah real estate in 2022: https://www.deseret.com/utah/2022/5/5/23057251/housing-market-predictions-solutions-utah-not-in-my-backyard-high-density-worst-enemy

The Housing Bubble 2.0? | The Housing Market

Looks like the media is finally coming around and acknowledging that there will not be another crash. The market isn't in a bubble, at least the housing market isn't in a bubble for 2022. I've outlined what some experts are saying you can see for yourself. 
Follow me as I outline what is happening and what we should be watching out for.
Now let's take a look at the housing market in 2022, the housing market in 2007, and the housing market in 2022. We can see where California is and how it compares to 2008. We can take a look at New York, Florida, Arizona, and a few other states. 
Housing Bubble Article
https://fortune.com/2022/05/09/housing-bubble-watch-housing-markets-are-beginning-to-look-like-they-did-in-2007/
Home Prices are overvalued in 2022 article
https://fortune.com/2022/05/02/home-prices-in-these-markets-could-fall-moodys-says/
Some popular questions about Real Estate in 2022
The Real Estate Market is going to crash? No
What does the research say about the housing market? It's not going to crash
Will inflation affect the real estate market? Yes, it will, but as long as interest rates remain lower it will not crash the market. 
Is it a good time to buy real estate? Yes, don't base your purchasing on fear, if you need to buy go ahead and buy a home and do your homework. Home prices still rise in cycles and real estate has always been a long-term play. It's no different with real estate in 2022.
Is it a good time to sell a home in real estate? Yes, some economists indicate that this year will be the height of the market for home prices.
#Housingcrash #Housingbubble #RealEstateMarket #RealEstate2022 #TristanAhumada#RealEstateCrash

Should You Buy Real Estate In 2022 | The Housing Market

The housing market in 2022 sure looks like it's inflated. You see the numbers being really high and the consistent rise in homes is making it harder and harder for people to afford homes. The interest rates are estimated to go up slowly this year, which many are saying will be the fall of the real estate market in 2022. 
Well, It's not going to happen as of May 2022. The Market is not going to crash, so get ready for a dose of reality. 
A great opinion piece in CNN shows some great information about the real estate market and where it's heading in 2022: https://www.cnn.com/2022/05/09/perspectives/housing-market-cool/index.html
Zillow also gave us some great data that shows we are far away from returning to a normal inventory that matches the demand in the housing market. 
https://www.zillow.com/research/zhpe-q1-2022-inventory-returns-30878/
Some popular questions about Real Estate in 2022
The Real Estate Market is going to crash? No
What does the research say about the housing market? It's not going to crash
Will inflation affect the real estate market? Yes, it will, but as long as interest rates remain lower it will not crash the market. 
Is it a good time to buy real estate? Yes, don't base your purchasing on fear, if you need to buy go ahead and buy a home and do your homework. Home prices still rise in cycles and real estate has always been a long-term play. It's no different with real estate in 2022.
Is it a good time to sell a home in real estate? Yes, some economists indicate that this year will be the height of the market for home prices.
#Housingcrash  #Housingbubble #HousingMarket #RealEstate2022 #TristanAhumada