realbenkelly

Will the federal government shutdown? Will the US Government default on its debt? In this video we talk about the impending government shutdown and the likelihood that the debt ceiling is raised by the deadline on July 31st. We then dive into what WOULD happen if the debt ceiling is reached and the consequences that would ensue.

Bill Gates is buying HUGE amounts of farmland all across the United States. Since 1994 Bill Gates has been hell-bent on buying as much farmland as he can get his hands on. Why is one of the richest men in the world so intent on buying farmland? The bigger question is: Why is Bill Gates trying to hide this? We get into the facts and answer these questions. Let me know your thoughts and comments below! *Disclaimer this video is not financial advise. I am not a financial planner so please see a financial adviser to discuss your own personal situation. Ben Kelly will not be held liable for any financial decision you make based off this video.*

According to the NHA's most recent survey asking potential home buyers their thoughts on the housing market conditions, a RECORD percentage of buyers have a negative view of the housing market. They are tired of bidding wars and increasing prices. Link to survey: https://www.fanniemae.com/research-and-insights/surveys/national-housing-survey Conversely, home sellers have never felt more optimistic! What does this mean for the housing market and for where prices go? The answer is only DOWN. Mortgage applications have nosedived and are now lower than they were in July 2019 - PRE-PANDEMIC! The result of a buyers on boycott and seller's looking to sell is 1) a big decline in mortgage purchase applications and 2) a recent surge in housing inventory. Link to article for mortgage applications: https://www.worldpropertyjournal.com/real-estate-news/united-states/washington-dc-real-estate-news/real-estate-news-mortgage-bankers-association-june-2021-weekly-mortgage-applications-survey-mortgage-applications-data-current-mortgage-rates-12595.php What does this mean for housing prices? You guessed it - DOWN Let me know your thoughts on the video and any other questions that you might have. P.S. Let me know if you think the jokes are funny. LOL.

On July 8,2021 Wells Fargo announced that they were going to suspend ALL personal credit lines within 60 days. That means NO new personal lines will be granted and ALL existing credit lines will be CLOSED. Why would a major bank decide not to give out credit lines when it is a major chunk of revenue? Why was there so little notice? When has this happened before? (hint: 2008) How does this hurt the consumer and what does this mean for the economy? Watch my take and let me know any questions that you may have. More to come...

Is Zillow a major player in inflating the housing market? Is the popular tool "Zestimate" actually a scam to sell Zillow Offer homes for more than their market value? In this video we discuss how Zillow is inflating the housing market and we deep-dive into three examples that show that the Zestimate is not even close to reality. We also discuss if this is an accident, or a part of larger underhanded strategy to make more profit. Let me know your thoughts on this topic in the comments below.

In this video we are going to discuss the recent 65% crash in lumber futures prices and the main reason behind it. Is it inflation or something else? We will also discuss if the housing market is going to follow lumbers lead and crash in the coming months as well. Let me know you thoughts in the comments below!

In this video we are going to discuss the Sixth Circuit Court of Appeals July 23rd decision to overrule the CDC Eviction Moratorium and consider it "unlawful". 11 MILLION Americans are behind on their rent! What does this mean for the rental market as these renters begin to be evicted. Also, what are the assistance options for those still struggling to pay their rent. If you like the content, make sure to leave a comment below and subscribe!

In this video we dive into the latest June CPI-index numbers and explain the inflationary records that are being set and how they are skewing the CPI calculation to low-ball the true inflation rate.

In this video we talk about new construction vs existing homes and what the pros and cons are for each. We then talk about the current housing market and how that might change which is the better choice. If you think this was valuable, hit that like button and subscribe!