Homeowners Selling at a LOSS (Biggest Metro CRASHES)

Well done. You really explain the true story. Nice to given proper information. Nic is extremely dangerous and his inability to understand properly the property market.

Seeing Detroit that high up on the was pretty shocking. Didn't realize it was still that bad that many people are selling their homes at a loss.

Great analysis.

Would be good to see you do an interview with @onerentalatatime

woops, turns out Reventure wasn't so wrong... it's only going to get worst, 2008 back again. This time is not different, cash flow is king.

Wait a minute why isn't Redfin releasing the numbers???? That shouldn't be glossed over!

Also isn't the tech sector doing that in all rural areas?......Are Nick and Michael and George and the others right?!

Great analysis. It's almost like basic math and good data support well thought out conclusions about trends in different markets. I'm amazed at how some people can continue to not grasp that...maybe its intentional.

You are cherry picking data.

Great content, I wish someone would do this detailed of a breakdown for the UK housing market because I notice it’s also quite localised

Great content, but just wait the downside has just starred. You ain’t seen nothing yet

How much of this has to do with people fleeing disgusting democrat-run cities and states?

Not to mention "selling at a loss" is a pretty meaningless statistic without taking into consideration when they bought it.

Hey nice job breaking this all down. You made it extremely easy to understand! This channel will blow TF up for sure

Would you make a video on Canadian housing market? I live in cochrane Alberta, and the market here (and our coasts) is completely outrageous. Some have even said its worse than the U.S

For Chicago area. Year previous was worse so are trending better. Should I hold off buying?

So the high interest rates used to break the back of inflation are finally starting to work in the housing market. If mortgages are too pricey--and they are, with high interest rates at the moment--then that means the number of buyers decreases. Fewer buyers means prices can't be sustained, so some sellers must sell at a loss. I'm not a seller, I'm a first-time buyer. So this is GREAT news. Sorry sellers! But we buyers need to have these crazy prices come down.

😆 so Blue cities, or the ones that fled can't make it in their new state like AZ 🤷‍♂️

Your channel is so underrated

I popped back over to see how things are going for you, Jon! I love it! Keep these videos coming. But do know, that you have (in my estimation, which is worth nothing) about 2 more quarters max to keep this narrative going. I do love how you don't come right out saying "so it's still a good time to buy", but that is the implied takeaway, obv.

The data will only allow this angle for another ~6 months max (if you're lucky), so you might consider ramping up the content. Don't just wait for Nick's videos to clown - there are so many more for you to work into your videos. Every single economist worth their salt is referencing an inevitable RE market crash, while the only people left still thrusting stubborn torches up in the air are RE salespeople - but the shelf-life for this sentiment is dying fast.

Honestly, you need to pump out a video a day, Jon. You must! I want to come back every month and see this channel growing. Anyway, great video. Keep up the good work, Jon.

holy denial, this is some fresh copium