The Great Foreclosure Bubble is About to Burst With @Steve Daria



The Great Foreclosure Bubble is About to Burst With @Steve Daria
Houston, San Antonio, Austin and Dallas Texas.

Email my team and I for any questions and let us know how we can help!
TravisAndGrace.etr@gmail.com

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

#housingmarketcrash #realestate #housingmarket

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

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32 comments

  1. Great video with Stave Daria. We need more Real estate professionals like you guys. You should invite Dan Frío and Jeb Smith to your channel. They don’t think the market will crash lol

  2. I Imagine I am not the only one in this situation. I am pushing to better my credit, hold off till I get my fall bonus. try and build up a good 50K we can put towards our purchase. But wife is Stressed, afraid prices will go up, afraid banks won't loan, interest will sky rocket. I tell her I can eat interest, but I cannot eat being upside down 150k. What do you think we can do to help our significant others feel more comfortable with our intent to hold the line and have patience?

  3. I’ve been in Fort Myers, FL my entire 30 years of life. I’ve seen my parents and family, all real estate agents at the time, go bankrupt after 2008. I’m feeling fruitful for the new Oppurtunity that may come up down the road.

    Great video Travis. You have been my mental coffee everyday for the past 4 months.

  4. 2 guys that own no realestate are hoping for the great bubble pop…
    I personally believe that we are going down. But selling all your assets?… looks a little crazy.

  5. Just started following you both and so glad I found you.. So much respect for everything you both say. I'm a realtor out of South Florida and could not agree more with what you are discussing. Thanks for the awesome insight and keeping the consumers best interest at heart.

  6. Patience folks, patience. The prices didn’t climb to absurd levels overnight, and, in the majority of markets, they won’t come down overnight. As Mike Tyson famously stated: “Everybody has a plan until they get hit in the mouth!” The Pandemic caused all the SHEEP in our society, to expose themselves… and now they think all is well because they don’t see the WOLF anywhere in sight? Newsflash: The wolf has been preparing for this day, and will take no prisoners once he arrives—take that to the bank.

  7. Denial doesn’t change facts. The fall is inevitable.. I saw this movie in 2008. Got out of the market when prices we’re going out of control. Though we were approved for the crazy prices we knew it was not realistically affordable. A couple of years later bam.. 2008 downfall. We came in and bought our home for 245k vs it’s high of 535k. Not saying we were smart or all that, God had a plan for us. I do say patience pays off and it will if you pray and wait for the right time.

  8. What are your views on Airbnb, VRBO and the like? The super host who use the equity in one house to buy another and so on, depending on vacation rent to make the payments and their personal bills. I can't see how they don't lose with tons of vacation rental home foreclosure. That market is crazy and has been so unrealistic for years.

  9. You can be your own Real Estate Agent but with all the fees, Boards and continual education cost you need to do at least 2 to 4 transactions a year to break even. After the crash of 2008, They did all they could to discourage the part-time agents there were too many of them.

  10. Travis's story mirrors mine. Today I am so PUMPED about what you guys are talking about because now I'm ready. I have zero debt and a bunch of money in the bank waiting for the opportunity. Hell yeah, let's do it!

  11. "the government gave everyone THE DOWN PAYMENT"… I had to listen to that twice. You're so right; in typical fashion the government made a bad situation worse.

  12. I think it will take at least 2 years for this to flush out. I agree, if you're an aggressive buyer, you could start trying to get mega deals by early next year, but most consumer home buyers likely are looking at over a year.

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