Here We Go Again! ZILLOW Manipulating Housing Market
Houston, San Antonio, Austin and Dallas Texas.
For correspondence, please email me at:
Travis@RealEstateMindset.Org
Are we in a housing bubble? Will real-estate crash? Is there a housing crisis? How do credit reports work? What are the new Tax laws? Listen to the data and please share your own stores and opinions. It is more important now more than ever with so many changes and challenges. We plan on bringing more and more videos on real estate and how to educate and empower yourself. Please like and subscribe but most importantly empower yourself with education!
Data Source:
#1 https://www.zillow.com/research/may-2023-home-value-sales-forecast-32643/
#2 https://www.businessinsider.com/housing-market-crash-home-price-declines-recession-credit-crunch-lachman-2023-5
#housingmarketcrash #realestate #housingmarket
My BIO:
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.
source
We’re in a recession. Brandon just changed the definition to fit his agenda and encourage his citizens to take on debt so his sponsors can come in and take it all when everyone goes belly up in the looming depression
Simply put Zillow is crook
Zillow is all crap. Every house I looked at on Zillow should be condemned
I was on the phone with a realtor trying to find someone to help me buy a home and he said that the prices will not come down. He's been doing this for 26 years, prices only go up for real estate. I don't believe that, but I don't have the experience he has. Why is he saying that?
Why aren’t federal regulators intervening and shutting it down?
"If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you!" *T. Harv Eker
They are gonna grow, but sell now that's another thing. Lol
I think there’s a possibility for things to go up more considering the bail out and debt ceiling raising. They are printing more money. Hyperinflation could be coming. 😢 The only way I see things coming way down this year is a liquidity crunch due to the debt ceiling.
I am not a fan of Zillow they should not be taking American dreams away. The American dream own a home with a white picket fence.
I still don't see a real estate crash happening until unemployment goes up. Qualified buyers are adjusting to the rates (or have enough equity or cash to bypass a new mortgage entirely) and the number of listings and sales are pretty flat so inventory remains neutral. So something would have to happen to create more supply (forced selling by homeowners) and demand is low so prices go down. And even then the floor is what market rent is in that area.
Zillow Like CNN 💯
You have to consider the source. A unfrozen real estate market benefits Zillow. They make money generating leads for lenders and agents. Right now real estate just don't have the same amount of activity from a year ago. Lower transactions, fewer deals means a drop in revenue.
People remark about how the massive ibuyer flipper corporations are losing money.
But maybe their purpose was to artificially inflate the markets to these fake levels we are seeing. They can just go bankrupt while the leadership make money and the mission is still accomplished.
And these companies have lobbyists in Washington, correct?
Success is not built on success. It's built on failure, It's built on frustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life
"People are still spending"
…on their credit cards
When someone lists a house for sale on Zillow they instantly raise their Zestimate to match the list price. That tells you how accurate their data is
Hi Travis, I would like to move to Houston in the future, I am on the sideline waiting to buy, do you have any real estate agent recommendation? Also liked the Loan officer you had in one of your live video, what is her information. Thank you and I hope you WIN!
Morning, do you know any place or anyone that does inspections in houston area?
They are probably coming up eith this cajse new construction cost an additional 3.9% this yesr for a buildern
Does it matter that they manipulate ? It’s a private company and they can do what ever they want to mid lead to make profit . Point is there are enough fools to fall for it .
I just want to know when the NAR is going to call Zillow and builders out for ethics violations
Let’s make percentage drop bet. I’m going with 35% drop
The CPI is a LIE.. they cook the numbers to pretend inflation has gone down.. look at Bank of England.. a total meltdown there inflation is completely out of control and they are forecat only 4% inflation.. meanwhile anyone there will tell you for example the price of fresth tomatoes has doubled sine last year!
Im a millennial and Im saving my doing auto transfers to my savings accounts, that way I force myself to live smaller.
I’ve noticed the Zestimate is always one dollar over asking price..