Podcasts about home price expectation survey

In this episode of the Martini Mortgage Podcast, Certified Mortgage Advisor and Raleigh Mortgage Broker Kevin Martini shares his 2024 real estate forecast which is data-driven over sensational headlines. Dubbed the "4, 5, 6 forecast," Martini outlines his moderate yet realistic predictions for the real estate market in 2024. Key Predictions: Home Appreciation: Predicted at 4% for 2024. Home Sales: Forecasting 5 million homes to be sold in 2024. Mortgage Rates: Anticipating rates to stabilize around 6%. In-Depth Analysis: Mortgage Rates: Reflection on the unexpected spike in mortgage rates in 2023 and the current trend towards mid 6% rates. Discussion includes factors influencing these changes, like inflation and Federal Reserve policies. Market Predictions: Martini addresses the potential conservative nature of his 6% rate prediction, the challenges in timing the market, and the future refinancing opportunities. Home Sales: Insight into the predicted increase in home sales in 2024, driven by life events, lower mortgage rates, and increased affordability. Martini also touches on the impact of existing homeowners feeling more comfortable moving up. Home Price Appreciation: A deep dive into the 4% home price appreciation prediction for 2024, referencing various sources like the CoreLogic S&P Case-Shiller Index and the Home Price Expectation Survey. Kevin Martini | NMLS 143962 | Certified Mortgage Advisor | Martini Mortgage Group at Gold Star Mortgage Financial Group, Corporation | NMLS # 3446 | 507 N Blount St, Raleigh, NC 27604 | (919) 238-4934 | www.MartiniMortgageGroup.com | Kevin@MartiniMortgageGroup.com | Equal Housing Lender

Episode 182 of the Martini Mortgage Podcast, hosted by Certified Mortgage Advisor and Raleigh Mortgage Broker Kevin Martini, delivers a raw, unfiltered truth about the real estate market and mortgage rates, pulling no punches. This isn't just another podcast episode; it's a deep dive into the realities of home buying in our turbulent times, providing real-life, practical insights. Buckle up for an epic real estate ride where you're not just a spectator but an active participant in your homebuying journey. Key Topics Discussed: Current state of home prices and mortgage rates: Amidst fluctuating home prices and mortgage rates, Kevin provides an in-depth analysis of where they might be heading, and what it means for potential homebuyers. The Home Price Expectation Survey by Pulsenomics: Kevin highlights this survey as a reliable resource for future home value predictions. Despite a forecasted slight depreciation in 2023, the survey indicates an upward trend in home price appreciation, especially from 2024 onwards. Future implications of buying a home now: Buying a home in the present market could mean setting oneself up for future value growth and increased home equity. Waiting could lead to higher costs down the line. Mortgage Rates: Recent economic uncertainties and inflation have caused mortgage rates to rise. However, as inflation begins to cool off, experts predict a slight pullback in mortgage rates over the next few quarters. Scenarios for current mortgage rate environment: Kevin discusses three potential scenarios - stable rates, decreased rates, and increased rates - and their implications for homebuyers. Expert advice for potential homebuyers: The right time to buy a home is when you're ready. It's important to explore your options and stay informed about market trends. The "home loan first" strategy: The first step to homeownership isn't the home itself, but securing the home loan. This strategy provides clarity about price and cost before falling in love with a perfect home. Whether you're a first-time or repeat homebuyer, making an informed decision about your next move is crucial. Regarding homeownership, having certainty about your financing options is the proper first step, regardless of your level of experience. This way, you can confidently search for your dream home armed with price and cost clarity. Whether you're ready to take the leap into homeownership or simply want to explore your options and secure more insights, you can reach Kevin Martini with the Martini Mortgage Group by calling (919) 238-4934. Kevin Martini | NMLS 143962 | Certified Mortgage Advisor | Martini Mortgage Group at Gold Star Mortgage Financial Group, Corporation | NMLS # 3446 | 507 N Blount St, Raleigh, NC 27604 | (919) 238-4934 | www.MartiniMortgageGroup.com | Kevin@MartiniMortgageGroup.com | Equal Housing Lender

Hello…this is Bo Kauffmann of Remax in Winnipeg, with your real estate news for…  Thursday, April 20th, 2023…   Today is National 420 Day, Volunteer Recog. Day and Nat. Cheddar Fries Day   You may be wondering where the housing market will go from here as it continues to evolve. You've probably heard something about a price crash on the horizon in the news or on social media.   According to a recent Zonda survey, 53% of millennials are still renting because they are waiting for property prices to fall. But here's the thing: according to the most current data, housing prices appear to have bottomed out and are now on the upswing. CoreLogic's Chief Economist, Selma Hepp, reports:   "U.S. home prices rose by 0.8% in February... indicating that prices in most markets have already bottomed out."   So, should you hold off on purchasing a property till prices fall? If you consider what the experts say, you probably shouldn't. According to the data, prices are rising rather than falling across much of the country.   According to the most recent Home Price Expectation Survey data, experts predict that home prices will grow slowly and revert to more normal levels of appreciation after 2023.   Working with a local real estate professional who can provide you with the most up-to-date information and expert advice is the best approach to understand what house values are doing in your region.   Thinking of buying?  Call me right now to set up a free home buyer consultation, either in person or via zoom.   204-333-2202   Add us to your Daily Routine on Alexa.  Go here to add to Alexa in the Canadian Skill Store. Are you interested in more in-depth real estate information?  Check out our podcast, available on most podcast platforms. Do you have an Android Phone?  Add our Free Podcast App Here. Do you have an I-Phone?  Here is our iOS version of the podcast app.

One of the most common objectives we hear about people buying a home is that they are going to wait, wait for things calm down, wait till they feel more comfortable, etc... ⏰ The most recent Home Price Expectation Survey estimates a 31.8% cumulative appreciation over the next five years.

It is not what 1 person thinks about where real estate is headed — it is what the top 100+ economists, investment strategists, and housing market analysts regarding their 5-year expectations for future home values in the U.S. Certified Mortgage Advisor, Kevin Martini, shares the break down of the most recent Home Price Expectation Survey in Episode 123 of the Martini Mortgage Podcast. To include, the year-by year predications and what these predication mean for future homebuyers and current homeowners. Kevin Martini is not just the host of the Martini Mortgage Podcast, he is a Certified Mortgage Advisor and producing Manager of the Martini Group at Cardinal Financial Company which is locates in Raleigh, North Carolina but helping families all over the U.S.  Kevin Martini | NMLS 143962 | Certified Mortgage Advisor and Branch Manager | Martini Group at Cardinal Financial Company, Limited Partnership, NMLS 66247 | 507 N Blount St Raleigh, NC 27604 | (919) 238-4934 | www.KevinMartini.com | Kevin@KevinMartini.com | Equal Housing Opportunity

Matthew Gardner is Chief Economist for Windermere Real Estate, sits on the Washington State Governors Council of Economic Advisors; chairs the Board of Trustees at the Washington Center for Real Estate Research at the University of Washington; and is an Advisory Board Member at the Runstad Department of Real Estate at the University of Washington where he also lectures in real estate economics. Matthew is one of a select number of economists who provide their housing market forecasts to Reuters for their U.S. Housing Market Poll, and he also participates in Zillow’s Home Price Expectation Survey. We discussed following: What the average FICO scores are and what this tells us about the state of the real estate market? What the average down payments are and where this fits in historical context? The trade war’s impact on the real estate sector? Why development has, for the most part, been exceptionally absent despite a massive run up in prices? What would be the impact of Coronavirus pandemic on Global economy, US economy and Real estate? Any real estate or finance books you recommend? Any website or apps if someone wants to understand more about interest rates, real estate etc? How can my listeners reach out to you?

As a Seattle Real Estate Agent, I’m often asked, "Are we headed for another housing bubble?" While my team and I watch the market closely, I’m hesitant to answer that question with authority. I can tell you what our local housing market is doing but I can’t speak for the entire King County, let alone the nation. On today’s episode, I sit down with someone who can answer that question and more. Matthew Gardner is the Chief Economist for Windermere Real Estate and is responsible for analyzing and interpreting economic data and its impact on the real estate market on both a local and national level. Matthew has over 28 years of professional experience both in the U.S. and U.K. He also contributes regularly to Reuters’, Home Price Forecast Survey and Zillow’s Home Price Expectation Survey. We dive deep into topics like: - How Trump’s economic policies are affecting our local and national economy - How the Seattle business ecosystem and culture are affected by our current policies - How we, as a city, are embracing upzoning and paving the way for our economic future

As our market moves through spring, prices are appreciating at a normal rate again. Here’s what that means for buyers and sellers. What’s the latest news from our market as we move through spring? What’s going on with home prices? According to the Home Price Expectation Survey from the first quarter of this year, the pre-bubble (1987-1999) average annual appreciation rate was 3.6%. During the bubble period (2000-2007), it rose to 7.1%. During the bust period (2007-2012), it dropped to -6.1%. Then, during the recovery (2012-2018), it bounced back up to 6.2%. Throughout 2018, the appreciation rate decreased at a steady pace, and at the start of January of this year, it was at 3.6%. Last month, I said that analysts were predicting that home prices would not depreciate any further, but rather keep appreciating at a normal rate.  At the moment, some think the appreciation rate will drop below the 3.6% mark, while others think that because we got off to such a great start this year, appreciation will be even stronger than what was originally expected moving forward. In any case, the situation is normalizing in terms of prices, which is exactly what I predicted would happen last year.  Between now and 2023, the same survey showed that experts predict homes will appreciate by 17.1% on average. The most optimistic think they’ll increase by as much as 28.3%, while the more cautious still think they’ll rise by at least 6.6%. In any case, no one is predicting depreciation of any kind. “If you’re thinking of putting your home on the market, get ahead of the competition so you can increase your odds of selling for top dollar.” How are buyers reacting to this trend? What’s motivating renters to become homeowners?  People who buy homes build equity (i.e., wealth). At 3:21 in the video above, you can see an NAR report that shows the tremendous equity gains homeowners who’ve bought in the last 30 years have acquired, and their net worth is far greater than any renter’s.  Based on these appreciation rate projections, between now and 2023, average home equity is expected to increase by $42,617. It’s no small wonder, then, that 73% of all millennials plan to buy a home in the next five years.  Their biggest challenge is low inventory, but because inventory is so low, more and more new construction homes are being built, and existing home sellers have to compete with this.  Danielle Hale, Chief Economist at Realtor.com, says, “Sellers have to think about the competition in a way they haven’t before. Getting ahead of other potential sellers could be even more of a bigger advantage this year given market conditions.”  So if you’re thinking of putting your home on the market, get ahead of the competition so you can increase your odds of selling for top dollar.  To learn all you need to know about how to sell quickly and for top dollar, I invite you to sign up for my next Home Selling Sharks seminar on June 18. To find out all the details, visit www.homesharkseminar.com. You can also order a copy of my book “How to Fight the Home Selling Sharks” on Amazon.   As always, if you have any other questions about our market or you have any real estate needs, don’t hesitate to reach out to me. I’d love to help you.

There is a ton of noise in the housing market right now but is the noise a cheer or a boo?  In recent months there has been a positive movement in housing inventory.  In other words, more homes are for sale.  In addition, mortgage rates have made some upward movement - yes, mortgage rates are higher today than they have been in the recent past.  But is higher home loan rates a bad thing?  Is more homes for sale a bad thing? Your host, Kevin Martini with the Martini Mortgage Group at Benchmark Mortgage will share his thoughts in the 41st episode of the Martini Mortgage Podcast. Kevin Martini is not just the host of the Martini Mortgage Podcast he is also the Branch Manager and Senior Mortgage Strategist of the Martini Mortgage Group at Benchmark Mortgage which is located at 5650 Six Forks Road, Suite 101 Raleigh, NC 27609 and he helps families not just in Raleigh but all over the Triangle of North Carolina and all over the great state of North Carolina (i.e from the mountains to the coast).  Fannie Mae, Mortgage Bankers Association and the National Association of Realtors have released their 2019 predication.  Fannie Mae and the Mortgage Bankers Association see in increase in existing home sales in 2019 as compared to 2018.  The National Association of Realtors believer the existing home sales will be at the same level they were in 2018 for 2019. (NOTE: at time of publication the Freddie Max data was not available) The video edition along with some of the data that was shared on the 41s episode of the Martini Mortgage Podcast is available on out blog: In addition the video only edition is available on YouTube: www.MartiniTV.com Confirmation that the housing market is green and growing and that the noise is sweet music is the Home Price Expectation Survey.  In addition, data from the Federal Housing and Finance Agency shows a glass half-full. If you have questions about what you hear (or see) then please reach out to Kevin Martini at (919) 238-4934. Kevin Martini | NMLS ID 143962 | Branch Manager | Martini Mortgage Group at Benchmark Mortgage | Ark-La-Tex Financial Services, LLC NMLS ID 2143 | 5650 Six Fork Road, Suite 101, Raleigh, NC 27608 | (919) 238-4934 | www.KevinMartini.com | Kevin@KevinMartini.com | Equal Housing Opportunity 

The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey: After the bubble burst in June 2007, values depreciated 6.1% annually until February 2012. From March 2012 to today, the market has been recovering with values appreciating 6.2% annually. These wild swings in values were caused by abnormal ratios …