An URGENT WARNING To All Homebuyers
Houston, San Antonio, Austin and Dallas Texas. Are the local areas I study the most.
For correspondence regarding commercial investments please email me at:
[email protected]
For correspondence regarding real- estate, please email Jullian Lopez :
[email protected]
Helpful Links:
1. How Much Interest Really Cost Calculator
https://www.consumerfinance.gov/owning-a-home/explore-rates/
2. How Much Can You Afford Calculator
https://www.calculator.net/house-affordability-calculator.html
3. Debt to Income Ratio Calculator
https://www.calculator.net/debt-ratio-calculator.html
4. Amortization Calculator
https://www.calculator.net/amortization-calculator.html
0:00 - Intro
1:35 - Seasonality
9:03 - Forced Selling
15:06 - Unaffordability
16:06 - Unemployment & Recession
17:19 - Rate Cuts
20:20 - Conclusion
Data Source:
#1 https://www.zillow.com/home-values/102001/united-states/
#2 https://www.blackknightinc.com/wp-content/uploads/2023/07/BKI_MM_MAY2023_Chart24.pdf
#3 https://www.corelogic.com/intelligence/u-s-home-price-insights-november-2022/
#4 https://fred.stlouisfed.org/series/CSUSHPINSA
#5 https://www.forbes.com/advisor/legal/divorce/divorce-statistics/
#6 https://www.zippia.com/advice/job-relocation-statistics/#:~:text=62%25%20of%20people%20are%20willing,a%20new%20job%20in%202022.
#7 https://fred.stlouisfed.org/series/MSACSR
#8 https://fred.stlouisfed.org/series/HOUST
#9 https://fred.stlouisfed.org/series/UNDCON1USA
#10 https://www.blackknightinc.com/wp-content/uploads/2023/08/BKI_MM_AUG2023_Chart20.pdf
#11 https://fred.stlouisfed.org/series/UNRATE
#12 https://fred.stlouisfed.org/series/T10Y2Y
#13 https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
#mortgagerates #realestatenews #housingmarketupdate
My Personal BIO, OUTSIDE of Real Estate Mindset:
Travis Spencer
Loan Originator #1044093
Amcap Home Loans
Equal Housing Lender
9999 Bellaire Blvd. Suite 700
Houston, TX 77036
Travis Spencer
TREC Provider #10299
Travis Spencer
TREC Sales Person Realtor #727233
Executive Texas Realty
417 Gentry Street Suite D
Spring, TX 77373
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Real Estate Mindset or Travis Spencer are registered financial advisors. Your use of Real Estate Mindset's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Real Estate Mindset does not establish a formal business relationship.
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