Dave Ramsey makes major housing market prediction

A major shift could be coming for the housing market—here’s what it means for buyers.

Transcript

00:00There seems to be a pent-up demand.

00:02People have been sitting on the sidelines, quote, waiting on prices to come down.

00:06They're not going to because there's not as much supply as there is demand.

00:11I don't think prices are going to drop.

00:13If interest rates would tick down a point or two points, I think we'd see the thing catch on fire

00:17because I think some of the people that are sitting on the sidelines would jump back in the game

00:21from a consumer confidence perspective, and they seem to be waiting on that.

00:28Maybe they get the other side of the tariff panic.

00:30Maybe we get the other side of, ooh, I don't know whether I buy a house in the middle of all this.

00:34If that stuff calms down, then that will probably loosen up the housing market as well.

00:38So I actually predicted wrongly that we'd be in a good boom market by right now.

00:44So I don't know if I know what I'm doing or not, but probably fall.

00:48I'm just a glass-half-full guy, so I'm looking for this market to come back.

00:57Yarbrough Plus

01:06You need to answer it.

01:08You can have a good eurozone in a comment.

01:10I'm not going to be in a goodる spot.

01:12So if I'm looking for this market, then I'll give you a little bit more of a professionalism.