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Here's what it's like to house hunt in one of the craziest markets in the country 

Abonohu
Shikime 176 mijë
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Austin, Texas, is arguably the hottest real estate market in the country, with home prices up more than 40 percent since last April. Follow one local family as they struggle to find a place in their price range.

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7 Qer 2021

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flx2525
flx2525 5 orë më parë
Good luck with your letter.... 😏
King Kang
King Kang 7 orë më parë
FOMO is alive & strong 💪
sider3g
sider3g 11 orë më parë
A letter lol no seller cares about a letter in today’s market
Nykflix
Nykflix 12 orë më parë
Over here in Canada same crap going on i just purchased my second house but I had to pay what they wanted which was over asking but I really liked the home so I did it it’s crazy every house being sold is over asking now
Porter Greyson
Porter Greyson 14 orë më parë
The fascinated glove approximately promise because hour approximately untidy around a unnatural hedge. obscene, dear snowflake
Rell Butler
Rell Butler 19 orë më parë
Man just move to the hood make the best of it stop stressing yourself
Philip Ballou
Philip Ballou 21 orë më parë
Why would you sell your home just to have another one I don’t understand it a home is a home why get rid of one to go Go and find another one and put even more money into that than what you had into the first one how about saving a little money for a rainy day or better yet just having money in the bank account and maybe someday you might want to go on a trip or do something I just don’t understand how people can spend money like it’s water
Steve
Steve 14 orë më parë
Stone people are trying to escape the hood
DG youtube
DG youtube 21 orë më parë
Let me help you liberals moving from their crappy high tax policies.
Doug Schallmoser
Doug Schallmoser 22 orë më parë
When everyone rushes and competes to intentionally get into 30 years of debt, go the other way.
ACC QPQP
ACC QPQP Ditë më parë
why do u want to sell ur house in the first place and put urself in this situation ?
ACC QPQP
ACC QPQP Ditë më parë
youtube should really review their ads audio volume, most of them are all some loud and offensive
mohammad kazemi
mohammad kazemi Ditë më parë
Very low quality houses with outrageously high prices in Austin, a developing city with limited conventional resources. Looks like the sellers have lost touch with reality. The entire reasoning is that some companies are going to move here, and prices have already reached the best California neighborhoods which are very well developed neighborhoods with significantly lower property tax, considerably higher job security, and better weather …
Senior Housing Analyst
Senior Housing Analyst Ditë më parë
*Sacramento, CA Housing Prices Crater 22% As Appraisal Fraud Hobbles California*
Biff Masterson
Biff Masterson Ditë më parë
If you can't live in Austin, you live in Texas.
Nadya Pena
Nadya Pena Ditë më parë
Geez. I feel for them but they did this to themselves. They jumped into this housing market without looking first.
Sriram Kumar
Sriram Kumar 2 ditë më parë
if u sell ur home for 10$ more the listed price and buy another home for 10$ more the listed price ,what do you actually achieve? real estate gives you an illusion that you are making money where in reality you have gained nothing. One word for all these issues - GREED
Faith Love & Dreams
Faith Love & Dreams 2 ditë më parë
Unfortunately in this market, a letter means nothing….. just as they sold to the highest bidder, that’s exactly what the seller will do!
Bbslady B
Bbslady B 2 ditë më parë
I’m holding out on buying. This boom will be over soon
Rex Mundi
Rex Mundi 2 ditë më parë
In Belgium: 340k paid for our house 5 years ago. Now it's worth 440k. Bubble?
Harakah
Harakah 18 orë më parë
Yep. If this corona disappears, people move back to the city centre and demand at suburbs will go down
Ken Robertson
Ken Robertson 2 ditë më parë
That's why I'm not selling.
Kenny Roselle
Kenny Roselle 2 ditë më parë
I just sold my place. I got 20,000 over asking price! The market is ridiculous. And who knows when this will turn around back to normal.
icemandos
icemandos 3 ditë më parë
Don’t worry this all will crash like it did before. Even if you are making a 6-figure salary it will be hard to keep up the monthly expenses. There will be many foreclosures in the next year or so.
Gustavo BC
Gustavo BC 3 ditë më parë
Fake news and reviews.
Kat Televised
Kat Televised 4 ditë më parë
I brought my home in 2018 for 15% below asking
Dan082014
Dan082014 4 ditë më parë
Timing is everything. Come back in the fall!
superfuresh
superfuresh 4 ditë më parë
Theyre being picky in this market? Idiots
Muggz Cervantes
Muggz Cervantes 4 ditë më parë
Left 40 min away just to get a 40 K house instead a 150 k home
David Jasso
David Jasso 4 minuta më parë
Were do you live?
The Matterhorn Yeti
The Matterhorn Yeti 4 ditë më parë
These big ole fat blobs need a place to store their Cheetos
Alex Doty
Alex Doty 5 ditë më parë
First world problems
MadMeech
MadMeech 5 ditë më parë
It’s like quitting a job without having another job.
Mike Jordan
Mike Jordan 5 ditë më parë
And this is exactly why I won’t sell my house. Yes, I could clear about $210k profit in this inflated market but I would also have to buy another house in that same inflated market. One of these days the bubble is going to burst and what would I have? A house I paid huge money to get into that plummeted in value a few years after I got it. I’ll stay right here in my almost paid for fixer-upper and keep repairing.
Eddie True
Eddie True 4 ditë më parë
Me either, i'd take out a heloc and find my new home FIRST, then sell my old one, or end up like this couple 😬
YoniNadi
YoniNadi 5 ditë më parë
That middle aged couple should try relocating to one of the rust belt states!
Daniel Jones
Daniel Jones 2 ditë më parë
Or Kansas, I just saw a totally remodeld 3 bed 1 bath for 80,000 in Wichita. There's no way I would could afford 600,000 for a house.
RICK BRICKLES
RICK BRICKLES 5 ditë më parë
Vote these fools out. America will become better place. DemacRats run 🏃‍♀️ stuff messed up !!! Wake up America
Nose Candie
Nose Candie 5 ditë më parë
Cute Story, but the real question is who are they voting for in local elections…
Bling23
Bling23 5 ditë më parë
What happened in California is happening in cities in Texas
JD V.
JD V. 5 ditë më parë
She was a recent seller but didnt like the new price as a buyer so dont waste agent's time.
Senior Housing Analyst
Senior Housing Analyst 6 ditë më parë
*Denver, CO Housing Prices Crater 14% YOY As Subprime Mortgage Defaults Soar Across Colorado*
Shakia Korieocha
Shakia Korieocha 6 ditë më parë
That house is not worth $420,000! This market is killing folks. I know, my house is currently worth $70,000 more than what I paid only 6 months ago.
This that and the other thing
If that house #2 was in L.A at $430,000 its a bargain. That house here would have sold for at least $800,000+ in a decent neighborhood. Home #3 easily $1.2 million here. Home prices here are disgusting.
Mirzoalim Baqi
Mirzoalim Baqi 6 ditë më parë
Hedge funds firms, pension funds, are buying the homes like cupcakes. Plus they are by design creating rental environment for all forever. American dream becoming bye bye and middle class disappearing 10000mph nowadays. Sad to see what bankers are doing to my beloved America nowadays. Sad.
Senior Housing Analyst
Senior Housing Analyst 6 ditë më parë
A 15 or 30 year mortgage isn't a "dream".. it's a bonafide nightmare.
No Name
No Name 6 ditë më parë
We were shown a house in Hutto and had 4 hours to put an offer on it. Our house was 385K and this is our first home. Our property tax is 11K but coming from Illinois and seeing my parents taxes that is a steal. And no income tax! We tried a different house in Taylor before but it went $160K over.
Senior Housing Analyst
Senior Housing Analyst 6 ditë më parë
Sounds like fraud.
Amy Michelle
Amy Michelle 6 ditë më parë
Lady a letter ain't going to help you
sam hawkz
sam hawkz 6 ditë më parë
You have to put an offer 60k higher than asking price to get a house here..have the earnest money ready. Come with 20k cash or go home to the shelter
sam hawkz
sam hawkz 6 ditë më parë
Just because you can profit much more selling your house. It doesn't make sense looking to buy a new one in same city. Dont sell your house unless you plan on moving out of state and retiring.
A 1
A 1 6 ditë më parë
This is all going to end soon enough and it's gonna be ugly. A manufactured housing crisis benefitting the few at the expense of the many. The American economy is an unsustainable pile of shit that lurches from one catastrophe to the next.
Crater Tube
Crater Tube 6 ditë më parë
There is no crisis... in falling housing prices. *Aiea, Hawaii Housing Prices Crater 27% YOY As Vacation And Retirement Property Demand Collapses*
R Z
R Z 6 ditë më parë
CNN you are full of it…as always.
mrArchduke
mrArchduke 6 ditë më parë
Ew, Texas
Peter Piper
Peter Piper 6 ditë më parë
so let me get this straight.. this trump voter was happy to take some out of state persons money n got OVER asking for her house. but SHE doesnt want to pay OVER asking n wants to "include a letter" hahahaha because SHE thinks that if the person is from texass they will sell her the house for less than they can get from someone else?? hahahahhahahahahahahahahahahahaha OMG.. where do these people come from?? oh, thats right texass. : ) which is about to go BLUE!!!!!!!! we are taking over.
HD B
HD B 7 ditë më parë
An inexcusable increasing problem for 20 years...tech companies and asinine weak-minded hipster BS ....plus add investment firms and vaca/rental companies....migrating wealthy from states they already destroyed bringing their vile destructive BS with them. 😏😉🤨😡🤣
Image Editor
Image Editor 7 ditë më parë
This is how it is in so many countries at the moment, house supply is low, demand is high. As long as credit is available, so too will house prices continue to climb. There'll be no recession when you can keep on dishing out credit. Because credit means profit for banks.
Aris Lopes
Aris Lopes 7 ditë më parë
Sounds like Miami to me nothing new in sunny south Florida locals getting bought out by outsiders selling their million dollar houses in ca
pm Stff
pm Stff 7 ditë më parë
Well this is what happens when the feds financially back companies like blackstone a private equity firm tied with 3 other companies. all buying up subdivisions in major markets with the plan to rent them at 4% profit. It’s the great reset people “ you will own nothing and you will be happy”. The market will not crash. J.p. morgan holding a boat load of cash right now ready to swoop in.
Jordi Houston
Jordi Houston 7 ditë më parë
One month is nothing, been looking for months!!!
Lisa Cook
Lisa Cook 7 ditë më parë
All the folks from Northern California is moving to Austin Raising the prices
Max's Raving Music Production's 123469
Let me say Fuck y'all moving to Myrtle beach an raising the prices!!! Stop moving here move somewhere else!!
Miguel DDS
Miguel DDS 7 ditë më parë
We all know who wears the pants in that marriage. Sad. 🤮
AllYourBase
AllYourBase 7 ditë më parë
Time to start building more cities. Or work remotely, remotely. Get some cheap land outside the city if it exists with good internet.
Pedro Gomez
Pedro Gomez 7 ditë më parë
So you sold your house to be homeless because everything is out of your budget. This is dumb hahaha
Pedro Gomez
Pedro Gomez 7 ditë më parë
This people are getting fucked and they did not notice. What is the point to be house broke. This is America at its finest lol
Tony K
Tony K 8 ditë më parë
They didn’t do their homework before they sold their house and had no plan which is just as bad. They have about 8 months till you gotta pay taxes on that money you made from the sale of the house which is gonna eat up all your profit. Gots to be more careful……
Timmay
Timmay 8 ditë më parë
Lol 400k? You need about 600k for a shack in seattle
Joel
Joel 8 ditë më parë
The great reset
drf81
drf81 8 ditë më parë
Well CNN wanted biden. That is why home prices went up.
Curative Finance - Yolanda Baker
We live in north Austin, in the suburbs. For the past three years, we've received at least two calls a day asking if we're interested in selling our home. Two years ago, it was usually Texas realtors calling. Now, every caller has an accent, probably India or the Far East. Also, we get at least five postcards and/or letters a week asking if we'd like to sell. We think this is a bubble and will pop soon. If we wanted to sell, we would have done so already, and purchased a home with a nice plot of land out in the country. I don't know what these people were thinking, selling their home without a list of several other homes they were interested in buying. Perhaps that would have stopped them. Pflugerville is for people who can't afford a house in Austin. I wish these people thought about the consequences of their actions!
Tom W
Tom W 8 ditë më parë
Unless you plan to buy in a cheaper area or downsize it really doesn’t matter how much money you get for your house. You make more on your house in a hot market you pay more for the next one. The people truly making out like bandits are the Californians moving to Texas. They’re getting double the house for less than half the price or better. Plus they’re lowering their taxes substantially and overall cost of living. Let’s say you live in the Bay Area and you’re moving to the North Dallas suburbs (Plano/Frisco area). You might sell your 1500 sq ft 2 bedroom home built in the 1960’s for about 2 million and then buy a 1 million dollar 5000+ sq foot home built in the last 5 years (or brand new build) with 4+ beds, top notch decor, beautifully landscaped backyard living space with pool, outdoor bar/kitchen and living space all while being able to send their kids to a top notch public school district and eliminating state income taxes. It’s completely insane how much those people can upgrade their life while simultaneously decreasing their living expenses immensely. And given how much cash they’re making from the sale of their absurdly priced CA matchbox house they think nothing of going 100k+ over asking when bidding on a new home. On top of that add in a building supply and housing shortage from COVID induced supply chain issues and you get these unprecedented housing market conditions. That’s what local Texans are up against looking to buy in this market. A huge amount of folks have simply been priced out of buying a home. Those people have no choice but to work on increasing income as well as saving at a faster pace than home values are appreciating to be able to buy a home here.
Crater Tube
Crater Tube 8 ditë më parë
*Denver, CO Housing Prices Crater 23% On Soaring Housing Inventory*
n0macite
n0macite 8 ditë më parë
This lady has Twilight Struggle, she must know what's up.
Adam Gallant
Adam Gallant 8 ditë më parë
That house is worth $700,000 in any city in BC, Canada. I don't know how anyone new can get in the housing market. Feeling for the young families here
Grumpy Old Lady
Grumpy Old Lady 8 ditë më parë
Rent until the market crashes.
Mat Winner
Mat Winner 9 ditë më parë
Why sell your house then have to try to buy another one after that?
prettytalia143
prettytalia143 9 ditë më parë
My husband and I decided to put our house search on hold when all the homes we attempted to put an offer on sold for $150k+ over asking! It’s crazy to think we could afford to buy multiple homes in Austin, but can’t even afford to buy ONE home in California. 🤦🏽‍♀️
Crater Tube
Crater Tube 8 ditë më parë
Rampant appraisal fraud has some interesting effects.
The mechanic Man
The mechanic Man 9 ditë më parë
Get out the suburbs move to contry setting
Marush Denchev
Marush Denchev 9 ditë më parë
And all of these money for a cardboard house...
Trent Petersen
Trent Petersen 9 ditë më parë
EASY>>> Don't buy a house in this market !! Your money is WORTHLESS !!
Chrissy Lovinmylife
Chrissy Lovinmylife 9 ditë më parë
I love California, but!!!! I’m considering buying in Arizona.😓
Yael Resner
Yael Resner 9 ditë më parë
from owners to renters.
Maryjay Linda
Maryjay Linda 9 ditë më parë
*HELLO everyone,* *I'm so sorry for digressing with a different interference.* *Please, I need some enlightenment about c-r-y-p-t-o in line with an expert that can assist me trade and generate a good profit without Fear of loosing my money.* *I'm tired of blowing off my portfolio trying to do it on my own.*
Bliss Cynthia
Bliss Cynthia 5 ditë më parë
His success story is everywhere.
Bliss Cynthia
Bliss Cynthia 5 ditë më parë
@Anja Anneliese He is expert Mr Nassim Nicholas Taleb one of the best and trustworthy broker on earth. Mr Nassim Nicholas Taleb have changed my financial status for the best, All thanks to my uncle who introduced him to me.
Anja Anneliese
Anja Anneliese 5 ditë më parë
Who is this professional everyone is talking about I always see his post on top comment on every ALdesk videos I watched.
Sarbine Dirk
Sarbine Dirk 5 ditë më parë
Conversations like this will help the beginners not to make mistakes investing with the wrong brokers.
Sarbine Dirk
Sarbine Dirk 5 ditë më parë
Anyone who introduced you to Mr Nassim Nicholas loves you. I doubted it too before I give it a try........ And it was not a regret.
rhoka27
rhoka27 9 ditë më parë
How about these impatient fools just WAIT! There's gonna be a housing bubble soon enough. They're obviously not homeless. You don't buy a house in a seller's market.
starsky hutch
starsky hutch 9 ditë më parë
This story is dumb. The couple should have educated themselves (or if their realtor was any good, they should have as well) on the what was going on in the market before they sold their current home, but they "don't like waiting". Oh shut up. And writing a letter to the seller to say or see if they are also from Texas and can understand their plight? GTFOH. I don't feel bad for them. I was just in central Texas last week, and there is inventory to be had if you want a new build-some builders were discounting homes by $10,000 on TOP of giving incentives on closing costs up to $8,000. And these were homes UNDER that $250,000 magic price point for affordability. No bidding wars, no waiting lists, and this was in the ultra-hot corridor between San Antonio and Austin. Don't buy into all the hype by watching these lame clips about lame people making lame decisions lol, you can find a home if you really do your homework.
Roland Wartenberg
Roland Wartenberg 9 ditë më parë
They were happy to get 8% over asking when selling their home but were surprised that they have to do the same when buying a new one? *speechless*
The Dragon Manifest Show
The Dragon Manifest Show 6 ditë më parë
EXACTLY
Victoria Garcia
Victoria Garcia 9 ditë më parë
Why would you sell your home not thinking about how hard it would be to find another one that’s better than what you had? 🧐 Thats why I’m staying where I am at.
LOCK TRUMP UP
LOCK TRUMP UP 9 ditë më parë
They should have never sold their house. Now they can end up almost an hour away from where they want to live.
First name Last name
First name Last name 9 ditë më parë
I bought my house for 140k I had realtors & investors offer to buy the house for $350k then my first question is where can I buy a house cheaper then $300k some don't say and when they do they say good luck on that.
Matthew Do
Matthew Do 10 ditë më parë
Like traffic, when lot of drivers are out on the hwy, a crash is more than likely to occur. The same thing with housing market, when lot of buyers compete, the price goes up, there will be a crash. If you're ready to buy, get ready to buy after the crash.
2BEESCLEANINGSERVICE #VegasCleaning
It’s idiots like this that are causing this market to be like this!!!! What’s the point of selling your home and excepting the highest offer if you have to turn around and put all of that money and then some on another home? Just because there’s a fear of missing out. You’d think these people were five years old the way they are behaving!!!! DUMB DUMB DUMB
CLUTCH_AND STICK
CLUTCH_AND STICK 10 ditë më parë
Rent until the Market dies down. Something STUPID always happens. I just laugh at the people fretting over buying a house and laugh even harder at those that want to blame a particular political party, although if you follow the trends there always seems to be a Republican in the White House when things go bad.. (I'm wrong? Go Check) The ONLY people alive that haven't seen a downturn in the Real Estate Market during their lifetimes are 8 years old or so. The ONLY people that don't like what I'm saying are inexperienced Real Estate Agents that don't check Tea Leaves. Real Estate Agents need to save and invest their money just like everyone else should. It's been my experience that they rarely do. Thanks to Bush's Economy, I finally bought a house. in 2007 People were telling me I'd NEVER get into a house. 2021 "apparently" my house is worth almost twice what I paid for it at the end of 2014. My only regret is not checking in this area a year sooner because I would've had this place paid off!!! LOL! LOL! LOL!
ok
ok 10 ditë më parë
These corporations are buying whole neighborhoods and jacking the prices up
ulatino71
ulatino71 10 ditë më parë
No good . Next all people loose the houses
Andrea Macintyre
Andrea Macintyre 10 ditë më parë
Try Toronto, a one bedroom crack house with no driveway will go for over a million
D Legionnaire
D Legionnaire 10 ditë më parë
THE MERCENARY 2020 BRUTAL MARTIAL ARTS ACTION NOW ON AMAZON PRIME...............
Ithad Beenso
Ithad Beenso 10 ditë më parë
Yes I usually sell my house first and then mindlessly meander around non specific various and sundry neighborhoods looking for another one.. in one pink and one black shoe?
eddye royal
eddye royal 10 ditë më parë
I’m in Dallas, Tx. I looked at 10+ all above list, 15K to 50K above list, and finically got a contract in Mansfield, Tx. While 1st choice was Plano, Allen or McKinney
ToopidPonay
ToopidPonay 10 ditë më parë
Omg just RENT! Lol It's not worth buying in this market. Smh...
sweetazzcat
sweetazzcat 10 ditë më parë
Didn’t they’re realtor advise them of how the market was going?
Janet Wright Readings
Janet Wright Readings 10 ditë më parë
I’m thinking the realtor that sold their house was only interested in getting their cut of the sale, rather than giving good advice
David H
David H 10 ditë më parë
Those “love letters” don’t mean squat. 99% of sellers want the money not some stupid dribble about some buyer loves their home
Jennifer Winchester
Jennifer Winchester 10 ditë më parë
Why sell if your just buying another home in Austin?
Oso Polar
Oso Polar 7 ditë më parë
They needed a bigger house because their daughter is living with them.
Jennifer Winchester
Jennifer Winchester 10 ditë më parë
I love Austin Tx.
Kris Taylor
Kris Taylor 10 ditë më parë
I would love to be able to see a large house for $450,000 and not $800,000 / $900,000 plus where I am.
SCL 91
SCL 91 11 ditë më parë
It only sucks when it affects you 🙄 Bet they didn’t ask if the person who they sold too was from Texas because it didn’t affect them. Unfortunately money talks & this market is amazing for sellers but sucks ass for buyers. I hope for the sake of their family that they’re able to find a home, but it’s really hard to have compassion for someone who very impatiently put themselves in the situation they’re complaining about.
John Bazan
John Bazan 11 ditë më parë
It’s insane right now. Someone bid $70k over asking AND paid closing cost in my area (San Antonio).
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