When the mortgage forbearance program was implemented, 2.2 million homeowners were accepted into the mortgage forbearance program. As of this month there are still, 2.2 million people in the mortgage forbearance program. This on top of record setting stats in the current housing market, when the mortgage forbearance program expires, will we see the mother of all housing market crashes? In the video linked at the end of the article, we explore the idea of when the mortgage forbearance program expires, will we see the housing market crash.
The video includes our thoughts on…
- Demand is supressed by lack of inventory
- Inventory is Starting to Climb Upwards again
- Sales did go down 3 months consecutively
- Active Listings are historically low, it is picking back up past the previous years’ rate. Over 72% of Gen Z (ages 18-24) want to buy a house in the next 2-5 years.
- Listings are starting to jump back up
- Realtor.Com Housing Demand Overview
- Housing Supply is going up steadily – but still owe inventory. The months’ supply is the ratio of houses for sale to houses sold. This statistic provides an indication of the size of the for-sale inventory in relation to the number of houses currently being sold.
- 2 Million Homeowner’s are still in Mortgage Forbearance, despite CFPB’s efforts to protect struggling homeowners (read the article here)
Have you seen this video? Sam & Daniel talk about the mortgage forbearance program and what could happen when it expires.
If you haven’t already, be sure to subscribe!
July 6, 2021
When the mortgage forbearance program was implemented, 2.2 million homeowners were accepted into the mortgage forbearance program. As of this month there are still, 2.2 million people in the mortgage forbearance program. This on top of record setting stats in the current housing market, when the mortgage forbearance program expires, will we see the mother of all housing market crashes? In the video linked at the end of the article, we explore the idea of when the mortgage forbearance program expires, will we see the housing market crash. /*! elementor – v3.6.5 – 27-04-2022 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=”.svg”]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} The video includes our thoughts on… Demand is supressed by lack of inventory Inventory is Starting to Climb Upwards again Sales did go down 3 months consecutively Active Listings are historically low, it is picking back up past the previous years’ rate. Over 72% of Gen Z (ages 18-24) want to buy a house in the next 2-5 years. Listings are starting to jump back up Realtor.Com Housing Demand Overview Housing Supply is going up steadily – but still owe inventory. The months’ supply is the ratio of houses for sale to houses sold. This statistic provides an indication of the size of the for-sale inventory in relation to the number of houses currently being sold. 2 Million Homeowner’s are still in Mortgage Forbearance, despite CFPB’s efforts to protect struggling homeowners (read the article here) https://www.youtube.com/watch?v=81fbvMRtcuoHave you seen this video? Sam & Daniel talk about the mortgage forbearance program and what could happen when it expires. If you haven’t already, be sure to subscribe! Watch The Video!
January 4, 2021
The Great Reset | The ELIMINATION of the Housing Market? The Great Reset has the potential to COMPLETELY eliminate the housing market. How? Well in this video I will explain how homes, rental properties, and other forms of real estate could potentially fall into the hands of the central bank. This means there is NO chance of real estate investing, post great reset. Just like they said, you’ll own nothing and be happy about it. Well I can tell you who won’t be happy…..EVERYONE who owns a home or a rental property! The great reset is a threat to all people looking to become financially independent through real estate…….. The Kwak Brothers Free Stuff (Passive Investor Training Included) https://52.54.205.26.104.nip.io/free-stuff/ 0-75 Units In 1 Year https://0to75units.com/book-order1587970091604 The Great Reset EXPLAINED | Investors BEWARE! https://youtu.be/IwEhDm5CbpY Contact Us: [email protected] 0:00 Intro 0:53 The Great Reset Effects on the Housing Market 1:48 Great Reset similar to communism 2:30 Point number one Housing Market VS Great Reset 4:50 Point number two housing market vs great reset 6:33 Point number three housing market vs great reset 8:27 My final thoughts about the housing market vs great reset There has been several connections between the great reset and communism. It’s just falling under the shroud of the elites pushing for the great reset. Under communism, there is no such thing as home ownership as the state owns all of the properties. And one of the ways that we could potentially see all housing being forfeited, the raising of the already high, property taxes. And we have all heard those politicians on tv saying how we are going to get free this, free that, well… how will the government pay for all of that? So with the implementation of new social programs…property taxes are typically raised. Now will this effect you as a renter? YES. ABSOLUTELY YES! Because who do you pay monthly rent to…..your landlord. And who has to pay property taxes? YOUR LANDLORD. Secondly, banks may start calling your mortgage notes due on your current mortgage. Now with the great reset, there is a potential for ALL banks to go away completely, Sounds like a good deal right? Well we’d like to think that, but what would happen? Banks would get bought out completely by the central bank, The Fed, The Federal Reserve. And if you take a look at history, the Soviet Union had only one bank, ran by the state. Now think for a second, how much of your debt is owned by the banking system…. ALL OF IT. Your mortgage, student loans, car loans, credit card debt…. the list literally goes on. So whoever controls your debt…..controls you. So the great reset, you may have all of your debts forgiven, but you will forever be under control of the globalis……I mean central bank. Now lastly, if you take a look at the Federal Reserve in the last 10 years. They have been buying up corporate bonds and mortgage backed securities. Scary. I know.
October 27, 2020
What would happen to the housing market if Joe Biden wins the 2020 presidential election? Well in this video I break down a few things that Joe Biden would do if he were to win the 2020 presidential election. Now I recently made a video talking about what happens to the housing market during presidential elections. You can find that video here https://www.youtube.com/watch?v=9BscbOjM9gY&t=209s. But in this video I am going to break down what a housing market will look like under a Joe Biden presidency. I am going to break down how Joe Biden’s tax plan will influence real estate prices, real estate taxes, and what will happen to those who inherit your home eventually and what that will look like. So I know that I have been talking about a housing market crash in all of these videos I have been producing lately. Well, I still feel like this will happen BUT there is a difference between a Donald Trump Presidency and a Joe Biden Presidency during the housing market crash in 2021. BUT remember the President does NOT have as much influence over the housing market as many believe. And even if the President uses his executive powers to implement something in the housing market, it would still take a significant amount of time to see the effects of it, in the housing market. With that being said, there is ONE major thing that will influence the housing market, indefinitely, and that is tax policies of both candidates. As far as Joe Biden’s tax policies, you will not likely see a huge change for people who are non-investors, BUT the one’s who will be effected the most are the real estate investors. The first of those policies is the reversal of the step-up and that will effect the capital gains tax…..significantly. Currently the capital gains tax is maxed out at 25%.