hello and welcome folks hope you're having a fantastic day today i'm going to share my
opinions with you on whether you should sell your house now or in 2022 i will also tell
you when is the best time to sell when is the best season to sell i will also share
a demand and supply chart the inventory in the market so you can see and get an edge
how many other sellers are selling that you're competing with in the end i will also show you
some strategies that you can apply after you sell the house successfully my goal is to get you guys
the maximum value from your property right so if that interests you stick around to find out more
ola
salam namaste to all my friends all over the world i'm your host aka abden construction
flips bur you know everything from foundation to roofing anything and everything that you can
think about about real estate i've been doing it for over 10 years before that i was in software
consulting work for top three consulting firms in the world you can check my bio on linkedin or
on my home page with that let's get into it folks today is a great great topic and folks guess what
happy thanksgiving folks happy thanksgiving i love thanksgiving i gotta tell you thanksgiving
is around the corner so for those of you who are celebrating happy thanksgiving to you i just love
the turkey and the stuffing and especially the pecan pie with that syrup and ice cream oh my
god it's just amazing so you can tell i'm a big foodie guys i love food and i hope you do too
so let's get into it guys you may want to sell your house and you're wondering should i sell
my house now so you're in a situation where you may have some equity in the house you have gained
some value in the house over time you know house prices keep escalating folks so what do you do now
should you sell your house if you sell your house where are you gonna go and all those things and
more topic i'm gonna tell you strategies to make sure that you succeed in this market and get the
maximum value for your house folks if you want to watch my video on how to get the maximum value for
your house you can see the link here and i put a link in the video as well and there's so many
tips about how to get the maximum value for your house this is a very important video for anyone
who's thinking about selling their house because the market right now is red hot why rates are low
right race are historical low in the past 30 years rates have never been so low in the history of
united states folks it's a seller's market folks i've been saying this all along it is a seller's
market so if you're a seller you're in luck rates are low but not only rates are low right closing
costs are also low on average people save 2 800 per closing so who would not close at this time
this is a perfect time to go to closing inventory is historic low and i present you this information
because it's very prevalent if you're in the market selling your house if you're thinking
of selling your house right now this information is critical for you folks because you want to know
if the inventory is low then you have an edge as a seller builders are also building less
and less wire builders are building less builders stopped building folks about 10 years
ago they have built 50 percent less inventory compared to 2006 and 8 when the crash happened
because fannie mae and freddie mac were audited they were in deep trouble that fdi raped them
and changed all the rules of lending so builders said well if you're not going to lend any money
people can buy houses why should i build what's also happening is that people like millennials
they have a lot of money so these millennials are getting older like myself you know i'm in my 40s
they're in their 30s they want to have families and babies i don't know why would somebody do that
but that's a separate topic folks they want to have babies they want to have kids they want to
you know wife wants a bigger yard a bigger kitchen you know you know husband wants a bigger garage so
you can shine his porsche and so on so forth right people have bigger knees people are also not going
back to work folks when people are not going back to work they need more space in the house
there are actually more realtors in the market than their houses in the market
how is that possible we're in some crazy times folks but that should excite you because if
you're a seller you're in the seller's market you got you got all your three wishes come true amen
you know you can certainly sell your house and name your price
but it's very tricky folks and i'm gonna get into that in a second you have to be very careful how
you price your house and i'm going to teach you that today from an investor's perspective in this
economy folks we learned something amazing if you stop people from going to work if people can
stay home save on gas and car money people can be wealthier you just increase people's income by 20
in the past one year you drop the unemployment rate they can be with
their kids and their families and their wife and their husbands and their daughters and sons
wow in fact think about it this way kobe has actually slowed down housing prices
housing prices were supposed to skyrocket even more quadruple doubled tripled but they haven't
because of covet because people don't want to go to closings people don't want to go and be in the
same house as other people are walking through the house right people want to keep distance right so
that's the state of affairs folks that's the state of the market and the economy right now let's look
at the stock market the stock market turns out to be at least on paper pretty strong right i
mean stock market has broken has given people over 20 returns just last quarter it was up 7
so i present this information to you because all these other factors also affect because it
increases the buying power of people right people are sitting at home have extra time they're going
online buying some crypto buying some stocks and now they want to buy a bigger more expensive house
because the rates are low but if you're a seller inventory is low so it's magic for you as a seller
you can name your price the question is this right the question is this think about this for a second
should you sell now are you getting the maximum value for your house right now
i personally have over 700 000 equity in my own house and i'm thinking should i sell where am i
gonna go if i sell i'm a single guy my house is paid off it doesn't make any sense to me
because i have investments all over d.c maryland virginia area so i can't really do that but you
if you have a different situation if you have kids you want a bigger space you know you have
uh more urgent demands than i do then yeah then then you want to sell and it makes total sense
to sell right so the best time to sell is actually spring right so when it's spring next spring april
april may if you price your house right and watch my video about how to price your house right
and you sell in that time frame next spring perhaps i guarantee you guys are going to get the
maximum return for your money okay you're going to get probably 5 10 20 30 up to 30 more than
you're getting right now why here's why folks let me tell you this let me explain this to you okay
investors perspective you will be getting more money because that's the perfect time
historically with all the trends that you can see in real estate to sell your property folks
because then summer is coming people have energy people are excited flowers are blooming trees are
turning green flowers are blooming butterflies everywhere grass is green why won't you want
to buy something if you have money in your pocket if the economy is doing well granted
granted the economy's still doing well so there is a bit of risk involved there but if i were you
and i want to sell my house right now this house or maybe my property in dc or any other property
i would choose that springtime early april or late april early may perfect timing don't sell
your house in two weeks you'll be an idiot if you do that get the maximum amount of offers let
people fight it out for your property tell them you know i don't want to sell at this price bring
me a better buyer because right now you're in the driver's seat you're the judge the jewelry the
executioner you got everything folks what do you have to worry about you should feel like a king
or queen for that matter for the ladies who are watching i know some ladies watch my videos
so i want to give a shout out to you by the way if you like my video
please like and subscribe we're almost at 3 000 subscribers and over 100 000 wow how cool is
that the last video i did folks just kept climbing ten thousand twenty fifteen thousand ten thousand
eleven twelve thirteen forty fifteen thousand but obviously you guys are seeing my honesty
my integrity you guys are understanding i'm a real investor you guys are asking intelligent
questions so let's look at the supply of houses in the united states okay i'm showing you a chart
that goes from 1970 all the way to 2020 1970 to 2020 okay maybe even 2021. you can see this spiked
you know it spiked in 2005 678 right up to all the way up to like maybe even 10
2010 the inventory was pretty high about eight or nine million now the inventory is i don't
know four million or so and your house could be one of them if it was in the market right now
do not sell in december please okay don't make that mistake promise me you're not gonna do that
do not sell your house in december it's the worst time to sell people are thinking about christmas
thanksgiving gravy stuffing all the stuff that i talked about right now so don't sell your house
right now please okay so the house prices are increasing are they going to keep increasing you
decide that right i'm giving you this information and data be intelligent seller but if i were you
my advice to you is do not sell in december wait a few months selling maybe march you can even go
sell as early as march but if i were you i would wait until april when the weather is nicer
april may even june is fine okay the market's not going to crash tomorrow
don't listen to these youtubers telling you market is going to crash tomorrow today whenever
so the prices are high and they keep going higher let's look at a few more graphs let's look at the
inventory what's the inventory in the market like right who are you competing with right you have a
right to know that so let's look at that so wow the inventory and active listing have declined
all the way from 2017 till 2 june 2021 it took a dip in early 2021 and start coming back up
so that tells me what it tells me that the inventory of the market is coming back up
slowly but surely and it will start to come back up even higher but you still have a chance
you want to you don't want to catch a falling knife but right now it's the
uptrend okay the inventory will be a bit more but that's okay you can still make your
money in april and may the median days on the market so notice all the way from 2017 to 2021
in early 2021 okay the inventory was pretty decent okay then it kind of declined in may
april may june this also confirms what i've been telling you april may june would be a
great time to sell now in july here you can see inventory starts to come back up a little bit so
what this is telling us right it's very simple right guys it's a matter of supply and demand okay
the demand is still high the supply is low supply is increasing slowly all across u.s folks this is
all across the u.s it's not just one place okay now let's look at the actual chart and numbers and
hard facts of foreclosures why do you want to know about foreclosures you want to sell the house are
you going to be asking me the same question okay why aka why do i have to know about foreclosures
well you're competing with demand and supply folks and you want to know what's in the market
and foreclosures would be in the market at some point so let's look at the foreclosure
see if it's in our way from now till april may timeline let's see that okay what i put on the
screen is you can see like 1222 foreclosures in chicago 1 400 in new york that's nothing guys
on a place where you have millions of houses this is in q3 of 2021 los angeles 1 000 foreclosures
well los angeles is a big city miami 900 i mean this is nothing guys foreclosures is not a problem
right now so don't listen to these youtubers scaring you and i saw this guy with the turban
talking about oh my god foreclosures are coming everywhere we're going to have a tsunami of
people who can sell their houses and dump their house so you can buy no no no i don't think so so
here's the thing folks now you know the market now you know the foreclosures now you know the
inventory you know the median price so you can price your house properly right plan to put your
house in the market around april may time next year before you do that make sure you fix a lot of
small little things in the house in my video i also tell you what things to focus on
because it's important to fix her and things that can get you again more value for your house right
you want to squeeze the juice out of it folks so you're two three four years ahead of everybody
else who's not selling their house because you can but now that you've sold your house what do you do
that's an interesting question well there are a number of things you know and i'm going to make
a separate video if you sell your house what are the different strategies you can apply
one of the things i will tell you folks if you can don't be in a seller's market next year okay
if you sold your house and the market starts to go down a little bit and you see it's trickling down
you can then make a decision if you want to buy a new house a bigger better house
but if i were you i would sell my house max out my cash invest if you want to but don't buy
okay because what you make on this end you're gonna cut your hand on the other hand so what
i would recommend is rent downsize okay get a smaller place downsize live like a student for a
for a few months okay and watch the market watch these numbers because there's going to be another
video by me on when to buy the house okay pretty soon next year i'm sure so so wait for that okay
that's all i'm going to say to you because it's a big topic you've sold your house you know for me
if i've sold my house i had let's say 700 000 in the bank what would i do with that money should i
buy another house because every house that i want to buy now is going to be worth a million plus
so should i should i pay somebody that top price i would not because that's bad business
to me okay think like an investor folks you think these videos you're watching are fun and
games i'm talking about turkey and gravy and all this and that no this is a serious video
folks and you should take it as such because i'm teaching you to learn and think like an investor
this is how investors think house is not just a house it's investment is business is cash on
cash return this time may never come these prices may never be as high they only come after 10 or so
or 15 years they're very cyclical right make the most of this market sell your house rent
somewhere if you can and then watch the market that's all i'm gonna say to you for this video
okay i will present to you more information in my next video and how to use your money and when to
exactly buy a new house but it's not a seller's market okay don't buy and sell the market because
you will lose and don't sell in december again one last time i'm telling you you're gonna hate
me for repeating this but unfortunately i took a change management course that's what they teach me
that you know people have to listen to something five to seven times to be able to understand and
act on it so i'm telling you this repetitively i know you guys are smart it's much smarter than me
but i'm just gonna tell you anyways okay so with that thank you so much i wanna end this video here
i wanna thank you for i want to thank you guys passionately for joining me you could be anywhere
but you decided to be here and be part of my story check me out on ak underscore extraordinaire
on instagram drop me a note here hit me up if you have any questions um you know and
uh and be part of the community and let's help each other let's help each other succeed guys
that's what this channel is about it's for the outsiders because i remember i told you guys
i was the outsider before who was not invited to the right meetings you know i i do i do actually
write my own business case to even get promoted please look out for my next video please like and
subscribe hit that like button show some love for your boy okay because you know i love you
and i know you guys love me back thank you for showing all the love and support if you have any
questions any disputes folks ask me any question i will personally respond to that question with
that thank you very much have a nice day i will see you guys in my next video thank you bye now