housing market crash 2020 | The Kwak Brothers

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Pay Off Your Loan Or Invest? Know What’s Better For You

Time and time again, I see people choosing to focus either a mortgage or an investment but not both at the same time. But which option is better to start with? In this article, I will show you how you can invest AND pay off your mortgage without the diminishing effects of either process. I want to show you that it’s possible to pay off your mortgage and invest simultaneously. More often than not, such a decision often depends on your financial situation. While many people believe that paying off money is best since it saves on your interest payments, others may want to invest their extra

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BREAKING! The Eviction Problem Just Got WORSE 😧

The eviction moratorium has completely expired and the US Supreme Court ruled against the CDC wanting to extend the moratorium. In addition to this, recently the Federal Unemployment Benefit also expired this week and the Biden Administration has no intention of bringing the unemployment benefit back as the economy is starting to open up.  https://www.youtube.com/watch?v=uaTUQruQjKQ In this video, I’m going to unpack what this all means and how real estate investors could potentially benefit from the eviction

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October 27, 2020

Housing Market 2020: Las Vegas, San Diego, Orlando Real Estate Report (October 2020)

In tonight’s housing market 2020 forecast real estate report, I will be going over Las Vegas, San Diego, & Orlando. Whether you are moving to Vegas or already residing there, you may be mixed in with the California mass exodus. Las Vegas real estate is significantly cheaper than California real estate. Las Vegas was a hot real estate market even before the lockdown, there is many opportunities for buying and investors to invest in that single family housing market. San Diego on the other hand is suffering in the single family housing market and rental units. San Diego being part of the California real estate market is suffering comparably to similar cities in California (surprisingly better than LA & SF). it’s the typical Southern California housing market. And as far as the investing opportunities in San Diego, I wouldn’t personally invest. The Orlando real estate market is booming. Prices are low 19% homes are going for over 19% of the listing price. So if you are moving to Orlando, you are moving into a strong housing market. As far as investors go, it’s a VERY competitive market if you are not already a heavy hitter. Las Vegas Real Estate market was already hot, starting back in 2017, investors found opportunity out there with the appreciation rate. And that puts Las Vegas real estate in the top 10% of the whole country. But keep in mind if you are moving to Vegas, you will be roped into with all the refugees from California. Now would I buy if was looking for a personal residence, No. Now would I invest in real estate in Las Vegas, my answer is also No. 2. San Diego, CA Housing Market 2020 Analysis (October 2020) Avg. Price of Homes: $701K Days on Market: 15 Days 69% Homes sell above listing price Avg. Price of Rent: $2,237 San Diego real estate, is your typical SoCal style of real estate. Expensive but not as bad a LA or SF. Now would I buy if was looking for a personal residence, No. Now would I invest in real estate in San Diego, my answer is also No. 3. Orlando, FL Housing Market 2020 Analysis (October 2020) Avg. Price of Homes: $275K Days on Market: 21 Days 37.2% Homes sell above listing price Avg. Price of Rent: $1,447 Orlando real estate is booming for personal residence and investors. But for investors, if you don’t have the money, I’d suggest to look else where. Not saying you can’t make it work, you’ll just be competing with the Big Dogs! Now would I buy if was looking for a personal residence, Yes. Now would I invest in real estate in Las Vegas, my answer is No.
October 14, 2020

2021 Housing Crash Response to MeetKevin

2021 Housing Crash Response to MeetKevin … As you all know….. Been uploading housing market Videos! These videos have all alluded to my opinion that there will be a housing market crash coming. Having said that there have been a LOT of different voices on youtube addressing the housing market and a potential housing market crash, and in the same breath, there have been channels both big and small that are saying that the housing market will not crash and everything’s not as crazy as it seems. 40 million Evictions Article: https://nlihc.org/news/30-40-million-people-america-could-be-evicted-their-homes-end-2020 Ken McElroy’s Response to MeetKevin: https://youtu.be/h56S5BA7AyI MeetKevin’s Video: https://youtu.be/dqqtzHmQ06k So in this video, I’ll be responding to Meetkevin’s housing market video “the truth updated” that he released Yesterday Oct. 4. In regards to the video, there are actually some things I disagreed with him on. So one of his first points he makes is that … Unemployment won’t affect the housing market as much as people think due to forbearance programs currently out there. Along with the fact that there is no real data that state real facts about unemployment or mortgage delinquencies. He also states that we have to look at the equity positioning of all the mortgages. Along with the fact that there are completely different buyers today compared to 2008 that are stronger buyers. Yes, it’s true that there aren’t as many predatory lending tactics as there were back in 07, and mortgage brokers arent making as much as they used to in the number of numbers as well. The fact of the matter is that 08 didn’t just happen due to predatory lending, it also happened because credit rating agencies such as S&P and Moody’s weren’t held accountable for the ratings they were giving out. In turn, 08 didn’t happen because of the relationship between financial lenders and the consumers only, but the relationship between banks and pretty much everyone, such as credit agencies, investors, other banks. In the video he quotes an earlier video saying that there may be up to 15 million households being evicted, he then says 30% most likely will actually go through the eviction process, then gives a scenario where half of those homes (2 million) would hit the market resulting in a 28% addition in inventory. Kevin makes the argument that this won’t cause a crash because the influx of new inventory will most likely be absorbed into the buyer pool and will sustain the crazy hot rising market we have currently. So that’s 2 million homes out of 15 million evictions hitting the market at the same time. Now let’s say there is no forbearance and therefore it doesn’t cause a liquidity crisis. it can POTENTIALLY cause delinquencies to skyrockets even more than now which btw I’m glad Ken McElroy covered this in his channel that over 2 million people are now 90 days or more delinquent. In his video, Kevin’s original math that he did was 30% of 15 million potential evictions and then half of those houses actually hitting the market which was 2 million homes resulting in a 28% increase in inventory. So if we follow the same path and take 12 million divides by 2 and have that be the number for how many houses hitting the market at one time. This results in 6 million homes hitting the market which translates to an 84% increase in inventory. Now let’s move on to what my Real reason for economic downturns happening is, fear. When no one wants to buy anything or go anywhere it causes a myriad of economic troubles. But in regards […]
September 23, 2020

Housing Market Update: UNBELIEVABLE Info About Fix and Flip Market @7 Figure Flipping

Welcome back to the Kwak Brothers housing market update for September 22, 2020, and in this video, we brought on Bill Allen from @7 Figure Flipping to get into the housing market, how you can win with fix and flip in this real estate market, and we also dive into the housing market, how the real estate bubble will benefit real estate investors looking to get into flipping houses, and an overall analysis for house flipping in this housing market. Bill goes into detail about the housing market and how that is going to play into his business when it comes to fix and flip style of real estate investing, how long will this red hot housing market will last, and how to find opportunities during a housing market crash 2020. Also, Bill breaks down his future predictions of the housing market and provides great tips on how to find real estate deals to fix and flip and how to become a house flipper during a housing market crash 2020. 0:00 Intro 0:21 Bill’s outlook for the housing market 2:00 How long will this housing market last? 5:01 A special guest 6:48 Opportunity during a market correction? 14:00 Future predictions of the housing market Bill’s outlook on the housing market is the best he has ever seen, maybe not for a realtor, but for a house flipper, it is a golden opportunity. With the lockdown, people are beginning to realize that their homes are their sanctuary. So many people have been realizing their homes may not be their ideal living situation. That’s why many people are moving in this housing market. And currently, for Bill’s business of house flipping, it’s very very good because of the high demand.
September 16, 2020

Housing Market Update: 2008 Housing Market Crash ALL OVER AGAIN? (mortgage rates)

Housing Market Update: 2008 Housing Market Crash ALL OVER AGAIN? (mortgage rates) Welcome back to your housing market update its September 15, 2020, and here is the new housing market update! In this housing market update, we’re going to get into numbers on evictions, rent collections for the month of August, mortgage rates, and why I personally believe the 2008 housing market crash is happening all over again. Also, I will be speaking to those in the realm of real estate investing and those who are looking to buy a home for real estate consumers. Institutional landlords have filed for around 900 evictions in 8 major metropolitan areas in the past few weeks. And unfortunately, we are starting to see evictions going up and up. Now in the next part of the housing market update, there was a survey taken in regards to rent collection, 11 million units were part of the survey, 76.4%, a high majority made rent payments in this housing market update. In this housing market update, mortgage rates continue to set records by again, getting lower last week thanks to the federal reserve. The continual lowering of the mortgage rates by the fed have indicators of the 2008 housing market crash, all over again. Now keep in mind that subprime mortgages were being handed out like hotcakes back in the 2008 housing market crash. And the signs made Freddie Mac back out of the mortgage backed securities. There are 2 things that made the housing market crash back in 08′, careless lending of banks and the uneducated borrowers. The Federal Reserve NOW has invested a lot of money in mortgage backed securities and owns around 22,913 in mortgage backed securities. The Federal Reserve now owns 1/3 of all mortgage backed securities and that could very well be why the Banks don’t care anymore (like in 2008 housing market crash). Now more people think it’s a great time to buy real estate. And there is a huge number of American’s that believe (majority) it’s good to buy a house right now. And I get it, mortgage rates are low, the housing market is red hot! Learn how to acquire rental properties like The Kwak Brothers: https://dealclosersecrets.com/webinar The Kwak Brothers Real Estate Coaching Program: https://52.54.205.26.104.nip.io/coaching/ 0-75 Units In One Year: https://0to75units.com/book-order1587970091604 The Citadel Link: https://charity.gofundme.com/o/en/campaign/citadel-global-ventures-start-up-fund?fbclid=IwAR0U53wh5m8H4VzUhcInL5ZT5AKNFO9S1bGoo8RqWVglGx9rBodqOBcs2CE
September 9, 2020

Housing Market Update: Real Estate Bubble About To Pop? (economic crisis 2020)

Housing Market Update: Real Estate Bubble About To Pop? (economic crisis 2020) Welcome back to your housing market update its September 8, 2020, and here is the new housing market update! ***UPDATE*** Every new housing market update video will be going out every Tuesday night at 6pm Central time. The Citadel Link: https://charity.gofundme.com/o/en/campaign/citadel-global-ventures-start-up-fund?fbclid=IwAR0U53wh5m8H4VzUhcInL5ZT5AKNFO9S1bGoo8RqWVglGx9rBodqOBcs2CE 0-75 Units In One Year: https://0to75units.com/book-order1587970091604 0:00 Intro 1:11 Residental housing market update 3:00 Is it a good time to buy a home update 4:22 My thoughts on the residential housing market update 5:43 Texas housing market update 6:30 Total job losses 7:00 Will foreclosures happen? 8:15 Action steps for real estate investing 8:30 Commercial real estate update ****Residental Housing Market Update**** Mortgage rates for this week according to Freddie Mac, as compared to last year, are still at an all-time low. This is a significant drop in mortgage rates for the housing market update. The average real estate mortgage monthly payments have dropped $120 per real estate mortgage payment since the beginning of the year. In this looming real estate bubble, is it a good time to buy a home? My answer is still NO. The real estate market showed no sign of slowing down in the month of August. Everyone has been saying the housing market is red hot right now, which is from artificial reasons and could really cause the real estate bubble to pop sooner than later. And the stats from the month of August for the housing market update cause alarm because home prices are going up and inventory is selling very quickly in real estate 2020. And 56 days is the time a home will sell in the real estate market, almost a week quicker than previous years in the housing market update. Also, the average real estate home cost is up by 10% since last year’s housing market prices. Also the inventory for real estate is 36% lower than last year’s real estate numbers. I am not as optimistic as most real estate agents, mortgage brokers, or anyone who is trying to make money from you in the real estate market. Delinquency rates are at a record high for the housing market. There are many people flocking to Texas for real estate and in this housing market update, I am here to tell you Ft. Worth and Houston both have high mortgage delinquency rates. Thanks for watching Housing Market Update!