ZILLOW: The Housing Market Pandemonium

Bifurcated?
I’ll need to ChatGPT that.

Bifurcated means something that is divided into two branches, parts, or sections. The term is often used in various contexts, such as:
• Geography: A river that splits into two separate streams.
• Legal: A legal proceeding divided into two separate stages (e.g., liability and damages).
• Biology: A structure, like a tree or stem, that branches into two.
• General Use: Any system or process that is split into two distinct categories or pathways.

It comes from the Latin roots bi- (meaning “two”) and furca (meaning “fork”).

Do you have a Geiger meter and maybe emf meter?

🌴🌴🌴 My thoughts on buying a house.

Pay off your debts.

Get your credit score as good as possible.

Save as much money as possible.

Wait till the market crashes.

Take advantage of some awesome deals.

Good luck and God Bless,Carlos

I TRUSTED YOU?????

3.2% Property tax in Texas? Stories are circulating that Idaho, Michigan, Florida, even Texas considering abolishing property taxes. Speculation or are your and Mitch Vexler's activity is being heard?

They say home values go up for 14 years and drop for 4 years. If you go on the FRED national median homes sales that seems to hold to be true. Roughly. That means we are in the fall. This will declining equity prices throughout the markets.

The Seattle area is still overpriced by 2x. Currently we are seeing prices staying stagnant or slightly lowered, but by very little. I'm still waiting for this market to crash before picking stuff up.

It's way too expensive here in Washington State in the North Sound of Seattle. I'm going to wait for an affordable housing market before buying anything.

Great video Travis!!! Lots of great info!!! I'm looking for a home next year. Please keep bringing real estate info to us. Missed Mitch today, looking forward to seeing him on future videos! Blessings to you and Mitch and your families ❤

Thanks for the housing update. I was about to give up on this channel

Travis brother, take a break and breathe. Appreciate the update. Be safe.🌿💙

Seems like zillow has been getting really slow with the price reductions all around the US west.

DON'T FORGET ABOUT CAPITAL GAINS TAX WHEN YOU BUYS & SELLS YOUR HOME AND PROPERTY

Praying for your safety. You are amazing and so knowledge. I appreciate you as a Realtor!!!

Bonkers

Wrong so wrong. Loard help us!

Owning a home sounds like a headache

Housing is sitting and price drops but have a LONG way to go. I was just watching older house flipping shows and was shocked what the prices were again

I get the feeling that all this realtors scamm companies like zillow, just never get in contact with any bank or loan companies at all.
I mean is obvious banks dont want more exposure to the housing market, after 2022 when they basically dissapear almost 90%-95% of their mortgage departments and layoff thousands of the employees they use to process all this loans, they never really catch up to any of all this BS zillow, redfin and many other companies spread around as misinformation.
The information availabe is very basic, if banks and loan companies never replace their employees on charge of analizing and process this loans, how do they expect the market will go up? cash only?
One of my friends use to work for Chase bank before this layoffs and he told me that usually for a medium size city in California they process around 200 to 400 mortgages back on 2020-21 but after the layoffs they process 10-20 mortgages a month! and after 2023 basically was zero, best month of 2023 they have was 5 approved loans and thats it, probably thats the reason why so many houses for sale last so long as "pending" or "under contract" if there is only a couple of employees for a whole city, offcourse it will take months to catch up.
They even start to joke around and say that all houses sales back from early 2023 are basically investors buying from each other 🤣 they are like kids buying and selling sports cards without any real value.

We are not talking about a small reduction, is almost 99.9% reduction! even if tomorrow all the banks go crazy and start giving away loans how long it will take to bring back all the employees and infrastructure they remove? 5 or 10 years? this guy was not an expert but he had 8 years experience before working on loans, I mean is not an easy job and you cant trust that a piece of software will take the correct desicions to process a mortgage thats totally crazy.
Rates will not go down any time soon, how do we know this? well becasue banks are not hiring back their mortgage employees or training new ones, is that simple.

Dont forget Bibles as a supply. You are the blessing. Just think you can continue the blessing

Haven't listened in a while. Let's see what Travis is up to.

Thanks for what you do Travis and god bless brother. Even though many say "dont buy now" we are buying home in SE MO and moving soon because: if market drops we will get less for our current west coast home but at same time we would pay less for home we are purchasing so that is basically a push, our west coast home taxes have doubled the last 3 years from $3900/yr in 2022(2023 up $2,500/yr and 2025 will go up another $1,400/yr) and recently my mother passed so we have no responsibilities locally. We found a home we were looking for at a price we are comfortable with, taxes are much more reasonable with my fixed income, grandchildren close and people have similar values as mine(no boys in girls sports). I never had more people asking to help me before when my truck broke down when I went to view our new home for 1st time.

Where did you get the awesome hat? My favorite color is blue and I always wear a US flag on my ballcap(CVMA)

Travis please stick with housing market I stopped watching you when you start shifting your forte which is real estate please stick to it thanks 🙏🏽

Are sales still at 1995 levels?

Refuse to pay more than 1/3 of median 1 person income for rent. In a avg neighborhood meaning not ghetto.

You need to watch the movie based on real events called A Civil Action with John Travolta and Robert Duvall. Unfortunately you are currently heading down the same path.

These housing prices are nowhere near normal i love how real estate agents and investors act like this is business as usual when most hard working people cant afford a home. Add on property taxes and insurance forget it its a lost cause

Absolutely Bonkers!

AI Overview December 2024 reports 10 million US homeowners will possibly lose home insurance and many will foreclose.

Just saw Harris county property taxes up 25% this year!!! How is this theft corruption legal?

We sold our home in 2022 and have been renting since. Getting so so tired of renting. It seems like nothing is ever going to come on the market at a decent price 😭

"Cozy" is appearing in more listing descriptions. Well! We MUST want "cozy" then!

Come visit Greensboro NC. It's super undervalued, and will start absorbing some of the market demand from Raleigh, which is already crazy expensive.

I have a question... If you do refinance, is it better to do a 15 year loan and not pay extra for principal, or do a 30 year loan and pay an extra 20% per month for principal?

❤❤

😂😂😂😂 Stephen Graham little brother right here

How do you like the Titan pro-4x? Im thinking about getting one.

Idaho pricing is nuts!

Thank you for helping us rebuild sir❤

Tariffs will crash the economy and houses will be down 20-40% by 2026

Dude I've been watching for a while and held my money and everything has just gone up here in alabama. I feel like I made a mistake waiting.

Thanks Biden

When are you and mitch covering LISD closing five schools yesterday? 😇

Travis your insights into “how to buy” and figuring out “if you are ready to buy “ are definitely helpful for the average person. This stuff is complex. Few people who lack degrees in finance, economics , or business marketing can perceive how they could get hurt financially by “buying when the market is overinflated”, “buying when one’s credit score is below lending standards”, or “buying with less than a 6 month cash reserve” can go bad really fast during economic downturns. Your insights can help people save thousands/ hundreds of thousands over the mortgage repayment period. You are a generous person as you share so honestly. Thank you 😊

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighborhoods. Then you’ve got Better, average sized homes in nicer neighborhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

i'm a seller in nebraska and i dropped my 2 year old (immaculate, all the frills, 3000 sq foot ranch) house from 375k to 315k.
comps in neighborhood are 350-375k but they are sparse because sales are sluggish. the builder is selling same house brand new with no extra amenities and either no basement or unfinished basement for 400k.
everyone treating me like the bad guy and says i'm way overpriced.

i seriously stopped watching your channel cause you bssiclly stopped talking about housing.

You’re recording this at a gas station? 😂