How Will the Coronavirus Impact the Housing Market?

How Will the Coronavirus Impact the Housing Market?
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    The Dave Ramsey ShowThe Dave Ramsey ShowVor Monat
    • @Kimberley Griffith Oil crashes, Housing market will crash... IT will be a world wide economic crash.. Count on it... Dave was wrong again... The states are opening up but most are red states... Liberal states will be hit harder for idiots in leadership.. JB Prizer. In Illinois

      Larry NelsonLarry NelsonVor Monat
    • question. in jan 2020 i entered into a lease option agreement with a home owner on house built in 1985. my intrest is 8.9% .can ask or should i demand a lower rate? i put 5% down with 4 months morgage up front. with intrest this high almost all my payment in going to intrest. what should i do considering the issues with the country?

      Link WolfgarLink WolfgarVor Monat
    • The Dave Ramsey Show its two weeks later. Does Dave still believe covid19 won’t affect the housing market?

      Kimberley GriffithKimberley GriffithVor Monat
  • So record unemployment will just disappear Fairy Dust

    Danny TaylorDanny TaylorVor 19 Stunden
  • The information is deadly wrong

    Taty MaxTaty MaxVor 2 Tage
  • It is in Australia.

    Bazza porterBazza porterVor 4 Tage
  • I will not read his book. We are not stupid to know how deadly Coronavirus is . Nothing compare with the other virus that were halph pandemic he is so dum confusing. What a way to publicized his bad book. I learnt nothing

    Silvia MartinezSilvia MartinezVor 5 Tage
  • minnesota just hit its highest sale point average ever at a hair over 300k for a starter home

    Andrew ScheideggerAndrew ScheideggerVor 7 Tage
    • But what will it be like in Minneapolis in 1 year?

      Beth JohnsonBeth JohnsonVor 4 Tage
  • There is many companies closing down, how the people can go back to work at 1-2 week? 2008 problems just like Dave said lot of people buying the house with unhealthy financial, it mean less income or no income, there still can buying house without checking income in those years, so comparing to this time, people have no income coming in and getting unemployment, tell me what is different, i don’t know what he is talking about?

    mike Usmike UsVor 7 Tage
  • Like used vehicles, houses are over priced also.

    Sam SpadeSam SpadeVor 9 Tage
  • WRONG house prices have been dropping significantly in california. glad i sold 2 months ago

    RdawgRdawgVor 11 Tage

    Evelyn SmithEvelyn SmithVor 12 Tage
  • I wonder if now in May The Dave Ramsey show reevaluate this topic and tell us if they think anything has changed.

    Legendary Super Saiyan ErokLegendary Super Saiyan ErokVor 13 Tage
  • Nothing will go back to normal for at least 36-40 months

    Yasmeen NasirYasmeen NasirVor 17 Tage
  • When working people can't afford to own homes it's a bubble.

    Age of ReasonAge of ReasonVor 17 Tage
  • And we are heading into the mid of May and there is no sign of the economy to reopen any soon...

    Yousif SalmanYousif SalmanVor 18 Tage
  • What he talking about 🤔🤔🤔no work no home

    Celestine LathamCelestine LathamVor 22 Tage
  • It’s been over a month and I’m sure he’s singing a different tune now

    Kal-Something TVKal-Something TVVor 23 Tage
  • "Back to work in Easter" LOL ---yea,'s May 5th today and we're still F&%$#@

    RC SebastianRC SebastianVor 23 Tage
  • 50 % property will go down

    Abdullah KhanAbdullah KhanVor 23 Tage
  • I need an update to this topic... it’s been about 8 weeks, so how will the market change

    Curtis King IICurtis King IIVor 25 Tage
  • Paying off the National Debt - how much is the government having to spend to combat the crisis and how will they pay for it in the future?

    ShadowShadowVor 25 Tage
  • Albuquerque market is inflated right now and houses in my range are listed at most 3 days. Sooo...

    Dad Bod Health and FitnessDad Bod Health and FitnessVor 26 Tage
  • If you think a repeat of 2008 is gunna happen , it’s not. While every state is different California for example has had a housing shortage, we are still seeing normal sales since the demand is still there...the problem that we are facing is the change in qualifications lenders have the 2-3 buyers that qualified 2 months ago no longer qualify due to the change in qualification standards and loss of income due to the virus. We are predicting that we will see a increase in inventory but here in my area we are not expecting much of a price drop. If your a homeowner and are still working you should look into doing a refinance if your short on reserves pull some $ out to have as reserves and even use part of that money to purchase another property if it’s something you thought about

    J LJ LVor 26 Tage
  • California is definitely in need of a housing correction

    shootinblanks007shootinblanks007Vor 27 Tage
  • Sir you looked smart until you made this video, I’m sure you are smart but today it not the case

    Ricardo AguileraRicardo AguileraVor 28 Tage
  • No one knows what will happen. He sounds crazy. What does life after lockdown look like? We don't know. I see more people wearing masks. Fear abounds. It's not about money. There is much more to this. Bad advise.

    Kate BKate BVor 29 Tage
  • you can sell anything but they have to have the cash. we've lost out on 7K in a month so dont see the market bouncing back like you think.

    North star stateNorth star stateVor 29 Tage
  • Now that 8 weeks had gone through, is the house market reacting to the coronavirus? Is it going down?

    Victor EspirituVictor EspirituVor 29 Tage
  • The housing market is going to be a buyers market for probably the next 3-5 years. The very sad but, very real reality is that the unemployment level is at an unimaginable number right now and it’s only beginning. The damage being done to businesses everywhere is going to result in smaller companies (fewer jobs), and pay wages will decrease (due to supply/demand...there will be people willing to work that $50/hour job for $25/hour).The market will not even begin to stabilize until there is either a vaccine or herd immunity has taken over. There will be peaks and valleys in the market along the way but, until there a vaccine or immunity the peaks are only going to be smaller. Many millions of people who have lost their jobs will be trying desperately to offload their mortgages and they’ll be forced to sell below value, short sell, or foreclosed on. So, if you’re financially stable and able, you’ll be in a great position to capitalize over the next 3-5 years. This is just a terrible situation for so many people, and I feel horrible about it. But, many millionaires have been made during economic downturns. So, as money is just a game, every game has a winner and a loser.

    Ces999919822Ces999919822Vor 29 Tage
  • You wrong guys are you blind

    Raul RamirezRaul RamirezVor Monat
  • That's what happen when you think you are always right

    Gustavo GarzaGustavo GarzaVor Monat
  • In your dreams.....

    Gustavo GarzaGustavo GarzaVor Monat
  • Seriously? When people panic, it affects everything. Housing, cars, businesses and everything else will be affected.

    Randall GordonRandall GordonVor Monat
  • Feds buying junk bonds. Dave: “It’s just the jitters...jitters.” If you’re outta debt, don’t listen to this guy. Completely clueless on economics and today’s money system.

    chip midgeschip midgesVor Monat
    • chip midges - thank you. Dave is leading these sheep to the slaughter house, errr. I mean to the bank. His positions seem to help bankers.

      PoopCoin PatrickPoopCoin PatrickVor 23 Tage
  • Thanks Dave great point of view, this is not a mortgage issue like 2008. We will get thru this and be on top for sure.

    Global Real Estate Coaching By Paul R AtkinsonGlobal Real Estate Coaching By Paul R AtkinsonVor Monat
  • Dave : Invest your money into Stock Market Stock market crashed Dave : Invest your time in the Bible.

    linx finxlinx finxVor Monat
  • Real estate has been overvalued for a while. Coronavirus is just the catalyst that will make prices fall. There will be a lot of opportunities when all the over leveraged investors go broke. CASH IS KING!

  • I believe home prices will go up. People are learning right now that it sucks sheltering in an apartment surrounded by people walking in the hallways and touching doorknobs, railings, etc. The government is handing out cash like crazy so I doubt anyone will be losing their homes. There will be a huge demand for the 1000 sq ft starter homes that haven't been built since the 1960s. You can chill in your own back yard in your own pool with your children not having to worry about being surrounded by people coughing all around you!

    Gee purrsGee purrsVor Monat
  • No job no money no house. Five weeks now and no work or unemployment money. Bye bye house.

    LeeLeeVor Monat
  • Ramsey is a hack. Never take financial advice from a deep state hack. Who does he work for?

    The Acumen ReportThe Acumen ReportVor Monat
  • This guy is sounds just plain ignorant saying that this isn't a housing market. How can he say that when most people are spending 60 to 75 percent of their income on a Mortgage payment. People are living paycheck to paycheck. Dont listen to this idiot!!!

    eddsramm1eddsramm1Vor Monat
  • Hey dudes, this is the BEGINNING of communism. MORTGAGEs will be forgiven. Everybody will be left to stay in their home, and starve.

    The TRUTH is JESUSThe TRUTH is JESUSVor Monat
  • Be prepared and be shocked. Prices are dropping.

    MrMauidiverMrMauidiverVor Monat
  • China destroyed our economy 😠

    sagar pandasagar pandaVor Monat
  • You guys study the Bible on the subject of money . It’s all there revelation 6:6 also ecclesiastics 3 . New world order and mark of beast is coming so is Ezekial 38,39 before rapture. I see a war coming not sure cuz of the countries with to much oil and depending on oil for their money and Israel being United Ezekiel 38,39 is on the way . One world currency to we r in end days. Study all verses about money in bible from genesis to revelation and pray to God what u should do about your finances and to bless them the Holy Ghost shall guide u into all truths . If u r Saved don’t worry tomorrow has enough troubles he clothes the Lillie’s he’s Jehovah Jirah . Seek him and he will direct your paths I promise u and being a hearer and doer of word is key obedience filling yourself with the word of God is our fuel and praying . Blessing the poor . Walking in love and humility and meekness r key and prayer . And we will be fine Mathew 6:33

    Yanille CastilloYanille CastilloVor Monat
  • History repeats itself

    Yanille CastilloYanille CastilloVor Monat
  • Nothing new under the sun I feel a 2008 style crash

    Yanille CastilloYanille CastilloVor Monat
  • Homes in many if not most areas were way above a historical level compared to wages. FHA was 3.5% down and that could be a gift or grant so effectively no down. The buyer didn't have to have reserves left over. The DTI was up to 55% of gross income, not net. That is just stupid and stupid should hurt! Let prices match incomes in a free market and young people will pick up those homes and start stable families, possibly one parent could raise the family or work part time from home. The housing market is way too manipulated. Tell congress to let housing find equilibrium, no bailouts of overextended owners, banks or gov entities such as FHA, Fannie or Freddie! Stop making young people debt slaves!!!!!! Spread the word.

    Anthony CAnthony CVor Monat
  • Lending prices are going to fly with banks relaxing on interest and tons of loans being drawn. Also, there will be several houses erected recently by builder's that may not be bought. Finally, those really suffering may sell their house and move in with other family, due to extreme personal financial issues.

    YuukiRbrn LeClavierYuukiRbrn LeClavierVor Monat
  • We’re past Easter and I don’t think we’re going back to work till June or July

    Pete FraustoPete FraustoVor Monat
  • Dave seems stupid.

    Awesome AtheistAwesome AtheistVor Monat
  • Well Dave... The country didn't go back to work by Easter so what now?

    Tribulation PrepperTribulation PrepperVor Monat
  • THE CORONA VIRUS WILL NOT IMPACT THE HOUSING MARKET. The destructive people using the virus as an excuse to shut down the American economy will kill the housing market... permanently.

    Tribulation PrepperTribulation PrepperVor Monat
  • $7 trillion was lost in the stock market many 2nd homes in Flordia will be dumped on the market with no buyers.

    Michael KranyakMichael KranyakVor Monat
  • So if we don't go back to work in 4 weeks time, is it a good idea to buy a house in next month or so? Will the prices of house go down after a month?

    Taimoor HassanTaimoor HassanVor Monat
  • I would greatly appreciate your help with the hope that others are in a similar situation. I started building a home (gave down payment already) in December with a Homebuilder. The home is scheduled to be done in May follow by closeout. Should I continue with closeout in May given the current market uncertain? or should I walk out? If so, how to walk out from the purchase and not lose down payment? I do work but I simply do not for how much more longer? Please help!!! Thanks in advance. LOVEEEE YOUR VIDEOS!!!!

    Mid PierreMid PierreVor Monat
  • Well, it’s been two weeks. Nobody’s back to work...

    No running in the HouseNo running in the HouseVor Monat
  • Dave you must own lots of homes and hopping for ideal condition. You need to see 16 million job loss and whole world almost stand still!

    s. r.s. r.Vor Monat
  • 16 million people lost the job, whole world is closed!

    s. r.s. r.Vor Monat
  • Wishful thinking Dave Ramsey

    Joe JDJJoe JDJVor Monat
  • what's up with the pilot headsets? lol

    FixItYerselfFixItYerselfVor Monat
  • So....what’s your take now? Still not working, can get $500K for $250K

    VilouboyVilouboyVor Monat
  • This is not aging well at all.

    lifeNoteslifeNotesVor Monat
  • People couldn't pay their mortgages in 2008 and we are moving toward the same direction now. Some people say housing market may be even worse soon than 2008 because of the considerable more unemployment %. The unemployment rate won't just come back to normal instantly even if economy opens in 2 weeks.

    constantin58constantin58Vor Monat
  • This hasn't aged well over the past 2 weeks

    Slim shadySlim shadyVor Monat
  • States are starting to open up people! 😊 Governor's coalition and our president are making it happen! Businesses are opening near me. 💗

    ErinCM TheMCErinCM TheMCVor Monat
  • If people are losing jobs, businesses are going under, lenders raising standards, how are people suppose to buy homes with no income? Demand is going to naturally drop. Supply being low is the only catalyst hear in SoCal holding the market up. If people start not making mortgage or rent payments consistently it will hurt the real estate market. Plain and simple.

    Russell MorganRussell MorganVor Monat
  • I just confirm a successful transaction from forbesfamilyweb ,net this guys are so cool thanks again

    Deon EllisDeon EllisVor Monat
  • less houses being sold = prices being reduced to sell at all = race to the bottom quick

    tinkipink700tinkipink700Vor Monat
  • Ha ha ha ha ha people won't be going back working full stop people have lost their job and business and are in arrears with everything everybody selling no body buying it's a stand still 4 10 years good luck

    Michael OtooMichael OtooVor Monat
  • Wrong again dave

    darren flintdarren flintVor Monat
How Will the Coronavirus Impact the Housing Market?