Graham Stephan: House prices will rise

Said on Nov 8, 2017, at 3:34 in the video.

What was said
Graham Stephan

@grahamstephan

“I expect this place to be worth over 1 million dollars in the next five years so by that logic I expect this place to go up in value about forty thousand dollars per year an appreciation over the next five years”
Watch at 3:34How I made $150,000 in 4 months just by buying and remodeling this property (step by step)
PredictionHouse priceswill riseby Nov 7, 2022
What happened
Not scored

A position the speaker holds: shown, not counted in the record.

The window it was checked over

This series is not charted here until its publisher's terms for reusing it are confirmed. Each verdict still cites the figures it was judged on.

S&P Cotality Case-Shiller U.S. National Home Price Index: S&P Dow Jones Indices via FRED

Result at every window

All windows are shown, so none is picked

A position the speaker holds: shown, not counted in the record.

What was said around it

condition I bought mine in with two protected rent control tenants in there that you can't kick out at the very least like my place with all the comps considered and everything else is selling in the area is worth about eight hundred thousand dollars now keep in mind I mean it's six hundred and fifty thousand dollars it's worth $800,000 and I've made a profit of a hundred and fifty thousand dollars in just a few months from buying this place now it gets just a little bit better than that but I expect this place to be worth over 1 million dollars in the next five years so by that logic I expect this place to go up in value about forty thousand dollars per year an appreciation over the next five years and I base that off of my last ten years experience in real estate what other areas have done that I've grown up in and that I've seen and based off all the construction and all the development that's going around this specific area now my plan is eventually to refinance this pull the equity out again this is tax-free because the equity you pull out from your property is treated as a loan and not as income so you don't pay taxes on a loan that you get you only pay taxes on income and because

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

Graham StephanHouse priceswill rise

“And that means that home prices in those markets continue going higher.”

Aug 10, 2026 · after 1 year

Pending

Graham Stephana call with no clear direction

“Instead the market is just quietly resetting to a much higher and much more expensive new normal and everyone who's waiting it out to see 2019 prices again is unfortunately probably out of luck”

Jul 22, 2026

Not scored

Graham Stephan, relaying Reuters poll of analysts: House prices — not judged: the rule reads only US national figures

“But, a Reuters poll of analysts expects prices to fall another 4% this year before maybe stabilizing in 2027.”

Jul 15, 2026

Relayed

Graham StephanHouse prices— not judged: the rule reads only US national figures

“the Northeast and Midwest are still hitting record highs, including Hartford, Connecticut, which is up 25% from its 2022 peak. Well, the pandemic boom towns across Texas, Florida, and the Mountain West keep falling.”

Jul 15, 2026 · after 1 year

Not verifiable

Graham Stephan, relaying Reuters poll of analysts: House prices — not judged: the rule reads only US national figures

“a Reuters poll of analysts expects prices to fall another 4% this year before maybe stabilizing in 2027.”

Jul 15, 2026

Relayed

Graham Stephan, relaying Reuters poll of analysts: House prices — not judged: the rule reads only US national figures

“But, a Reuters poll of analysts expects prices to fall another 4% this year before maybe stabilizing in 2027.”

Jul 15, 2026

Relayed