Podcasts about Redfin

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture IMF panicking, global debt is getting out of hand and there is no event people will know that debt destroyed the economic system. D's are trying to push the shutdown to cause an economic event to blame on Trump. Jamie Dimon predicts a market crash. Trump's new parallel economic system is about to take off,  Trump's says gas prices will go below $2 a gallon. The D's are trapped, the shutdown is not working the way they thought. The people are on the side of Trump and team. Schiff projects on how the insurrection might start. Are they planning a [FF]? Trump has now trapped the D's/[DS] with peace. Trump is shutting down their endless wars. He is weakening the [DS]. Leverage is the key.   Economy IMF issues global debt warning Global public debt will exceed the size of the world economy within five years, IMF chief Kristalina Georgieva warned on Wednesday, calling the trend a “sobering reality” for policymakers worldwide. Public debt refers to the total debt held by governments, businesses, and households. Georgieva said the surge in borrowing is driven by fiscal deficits, pandemic legacies, and rising interest costs in both advanced and emerging economies.  Source: rt.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Consumer Sentiment Cracking Amid Gov't Shutdown; 17% Of Americans Delay Major Purchases, Survey   Redfin conducted a survey last Friday - just several days into the shutdown - that found 17% of respondents are delaying major purchases, such as a home or vehicle, because of the political turmoil in Washington, D.C. Roughly one in six (17%) Americans are delaying a major purchase like a home or car because of the federal government shutdown, according to a new Redfin survey. Another 7% are canceling plans for a major purchase altogether. The majority of Americans (65%) said the government shutdown has no impact on their purchasing plans.   Source: zerohedge.com JPMorgan's Jamie Dimon warns of potential stock market correction Jamie Dimon, chief executive of JPMorgan Chase & Co., has sounded the alarm for financial professionals and investors, warning that the stock market may be overdue for a correction. Dimon's remarks, made in an interview with the BBC during a visit to the UK, reflected his growing unease about the durability of the current bull market. The banker, whose views are closely watched by financial professionals, said there is a “30% chance of a correction,” citing a confluence of risks facing the economy and markets. “I'm far more worried than others,” Dimon said, underscoring his concerns about persistent inflation, rising interest rates, and geopolitical instability. Source:  investmentnews.com  IRS to Furlough Nearly Half Its Staff in Shutdown Week 2 The IRS will furlough nearly half of its workforce on Wednesday as part of the ongoing government shutdown, according to an updated contingency plan posted to its website. Most IRS operations are closed, the agency said in a separate letter to its workers. Source: newsmax.com https://twitter.com/KobeissiLetter/status/1976343261556908094 Political/Rights

The Industry Relations Podcast is now available on your favorite podcast player! This special crossover episode brings together James and Keith from Real Estate Insiders Unfiltered with Rob and Greg from Industry Relations. The group dives into Compass' planned acquisition of Anywhere, debating what it means for brokerages, portals, and the future of private listings in residential real estate. Key Takeaways Collaboration between Industry Relations and Real Estate Insiders Unfiltered. Compass' acquisition of Anywhere could reshape brokerage structure—if executed successfully. Breakage risk: agent retention is critical to Compass handling its debt load. Debate over Anywhere's role: “king” of brokerages or not? Zillow remains the dominant power. Zillow's potential responses range from lobbying to starting a brokerage/franchise. Private listings could trigger an “arms race,” though consumer tolerance is debated. Rocket's acquisitions (Redfin, Mr. Cooper) highlight end-to-end strategies but raise adoption questions. Large-scale consolidation could increase influence over associations and MLSs.   Links Rob's Article on 5 Things Zillow can do Brian Boero's agent count article   Connect with Rob and Greg Rob's Website  Greg's Website    Watch us on YouTube   Our Sponsors: Cotality  Notorious VIP The Giant Steps Job Board    Production and Editing Services by Sunbound Studios  

Getting a home mortgage used to take weeks of phone calls and paperwork. Now, real estate search platforms like Zillow and Redfin offer comprehensive, nearly one-click homebuying. What are the hidden costs of trusting these industry giants with every step of the process?Today on Lever Time, producer Natalie Bettendorf speaks with Lever reporter Helen Santoro about her investigation into how these one-stop real estate shops may actually be hurting homebuyers — and the U.S. economy.You can read Helen's story here, and a follow-up story here.Click here for a full transcript of the episode.Get ad-free episodes, bonus content and extended interviews by becoming a member at levernews.com/join.To leave a tip for The Lever, click here. It helps us do this kind of independent journalism.

Buyer's agent commissions are climbing again—back to pre-settlement levels after a year of steady gains. In this episode, we break down Redfin's latest data showing the national average rising to 2.43% in Q2, with increases across every price tier. Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Brooklee Han about the FTC's lawsuit against Zillow and Redfin over their rental deal, as well as the five states who have jumped on the bandwagon. To learn more about Trust & Will, click ⁠⁠⁠here.⁠⁠⁠ Related to this episode: Why the FTC is targeting Zillow and Redfin's rental deal | HousingWire ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠More info about HousingWire⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Enjoy the episode! The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate stories. Hosted and produced by the HousingWire Content Studio. Learn more about your ad choices. Visit megaphone.fm/adchoices

The lawsuit alleges that anti-competitive practices reduce options for renters and advertisers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Seattle's Redfin and Zillow sued by the FTC, new AI platform led by Fred Hutch aims to speed up cancer breakthroughs, and Hanford's nuclear waste treatment plant is almost ready for prime time. It’s our daily roundup of top stories from the KUOW newsroom, with host Paige Browning. We can only make Seattle Now because listeners support us. Tap here to make a gift and keep Seattle Now in your feed. Got questions about local news or story ideas to share? We want to hear from you! Email us at seattlenow@kuow.org, leave us a voicemail at (206) 616-6746 or leave us feedback online.See omnystudio.com/listener for privacy information.

-Forbes has published an investigation into Amazon's efforts to court law enforcement clients for artificial intelligence and surveillance services. The article reveals that not only is the company promoting Amazon Web Services as a potential police tool, but it has been partnering with other businesses in that sector to use its cloud infrastructure. -The Federal Trade Commission is suing home-search website Zillow, alleging that it paid rival Redfin $100 million to eliminate competition in the online listing business. The suit refers to a deal inked back in February between the two companies in which Redfin allegedly agreed to become "an exclusive syndicator of Zillow listings." -On Wednesday, scientists published a paper outlining the increasing complexity of molecules emitted from beneath the moon's surface. "We now have all elements required for Enceladus to harbor life.” Enceladus gives researchers a unique window into its subsurface world. The Cassini mission already taught us that plumes of water ice shoot 6,000 miles into space from Enceladus. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hours into the first government shutdown in over six years, Punchbowl News co-founder Jake Sherman reports on the path forward for both sides of the aisle. The Bureau of Labor Statistics will not release its monthly employment report amid the shutdown, sending economists and investors elsewhere for labor market data. CNBC's Steve Liesman shares September's ADP National Employment Report, and ADP's chief economist Nela Richardson explains how her metrics–along with other datasets–help paint a picture of the labor market. Richardson's takeaway: no matter the metric, hiring momentum has slowed. Plus, Berkshire Hathaway is reportedly exploring a purchase of Occidental Petroleum's petrochemical business, FTC is suing Redfin and Zillow over antitrust concerns, and Walmart is eliminating artificial dyes in its store brand food products.  Jake Sherman - 03:41SteveLiesman - 14:10Nela Richardson - 22:03 In this episode:Nela Richardson, @NelaRichardsonJake Sherman, @JakeShermanSteve Liesman, @steveliesmanJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Crash or Crack? Zillow's Legal Storm, CoStar Feud & Housing Market Mayhem FTC slaps Zillow & Redfin with an antitrust lawsuit The FTC accuses Zillow of paying Redfin $100 million to exit the rental advertising space, shutting down competition for nearly a decade. Redfin allegedly gave up ad partnerships, helped Zillow poach employees, and agreed to syndicate only Zillow's listings. What's at stake: advertising pricing power, renters' choice, and whether Big Tech in real estate just got too big. CoStar strikes back: Zillow accused of rampant photo theft CoStar claims Zillow unlawfully used more than 46,000 of its copyrighted photos — even with watermarks — across Zillow, Redfin, and Realtor.com syndication networks. Zillow has already started removing images at the center of the case. This could become one of the largest copyright battles the real estate industry has ever seen. Real estate data digest — warning signs everywhere • Pending home sales posted their first meaningful monthly decline in months, despite mortgage rates easing slightly. • Luxury home prices jumped 4% to a median of $1.25M, even as overall sales hit the lowest August level in more than a decade. • Starter-home sales are up, as buyers look for affordability in a shifting market.  • The share of mortgages with rates above 6% is at a 10-year high. • Refinance demand plunged 21% as rates hit a 3-week high.  • Even homeowners with sub-4% mortgages are on the move, often turning to new builds to lock in incentives. What this means for agents, buyers & markets going forward We break down the legal risks, competitive threats, and strategic pivots needed to survive in a volatile real estate tech era — plus some bold predictions for what comes next.

Breaking News: The Federal Trade Commission has sued Zillow and Redfin over a $100 million rental advertising deal. The FTC alleges the agreement illegally removed Redfin as a competitor in online rental listings, potentially driving up costs for property managers and harming renters. In this episode of Real Estate News for Investors, Kathy Fettke explains what the lawsuit says, why regulators are taking action, and what this could mean for investors, multifamily property managers, and the future of online rental platforms. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1  FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS SOURCE:  https://www.ftc.gov/news-events/news/press-releases/2025/09/ftc-sues-zillow-redfin-over-illegal-agreement-suppress-rental-advertising-competition 

Imagine a world where your investments work smarter, not harder. Keith reveals the truth about why real estate trumps stocks, and how the current economic landscape is creating a once-in-a-generation wealth opportunity. Discover: Why traditional investing wisdom is leaving younger generations behind Why owning assets is the ultimate key to breaking free from economic uncertainty From the dying middle class to the rise of strategic real estate investing, Keith exposes the game-changing insights that most investors never see. Inflation is reshaping the economic landscape - and you can either ride the wave or get swept away Generation Z faces unprecedented economic challenges  Want to learn more? Your financial transformation starts here. Resources: Text FAMILY to 66866 Call 844-877-0888 Visit FreedomFamilyInvestments.com/GRE Show Notes: GetRichEducation.com/573 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GR, I'm your host. Keith Weinhold, talking about real estate versus stocks, how housing has been in a recession that could now be thawing. Then why the war on the young and the vanishing middle class threatens to get even worse today on get rich Education.    Keith Weinhold  0:19   You It's crazy that most people think they're playing it safe with their liquid money when they're actually losing savings accounts and bonds don't keep up when true inflation can eat six to 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments and their flagship program with fixed 10 to 12% returns that have been predictable and paid quarterly. There's real world security. It's backed by needs based real estate like affordable housing, Senior Living and healthcare. Ask about the freedom flagship program when you speak to a freedom coach there. And here's what's cool. That's just one part of FF eyes family of products. They include workshops and special webinars, educational seminars designed to educate before you invest start with as little as 25k and finally, get your money working as hard as you do. It's easy to get started. Just grab your phone and text family. 266866, text the word family. 266866, that's family. 266866,   Corey Coates  1:37   you're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:47   Welcome to GRE from Rocky Mount North Carolina to Mount Shasta, California and across 188 nations worldwide. I'm your host, Keith Weinhold, and you are inside for another wealth building week of get rich education. A lot of people have been building wealth lately. Do you even understand all the markets that are either at or near all time highs, real estate, stocks, gold, all recently hit those levels, also nested home equity positions of American property owners are at all time highs. Silver is also near an all time high, and so are FICO credit scores. All this means that the haves are in really good shape, and the have nots aren't more on that later. Let's then you and I talk about real estate versus stocks. I've invested in both for decades, and it's not something that I do on the side. This is the core of what I do and talk about with you every week. And I've never felt more inclined toward investing in real estate ever the resilience of residential real estate, a major reason is that I've always found real estate investing easier to understand than the s and p5 100, and it comes down to the mechanics of each one in The stock market, a company can be well run, it can be profitable, and it can even be growing, yet its stock price might fall anyway. Why? Because expectations weren't met for a quarterly earnings report, or investor sentiment just happened to shift for a while, people just tended to focus on the bad stuff instead of the good stuff, even though it was always there, and that's why the stock price went down. So what makes a stock move more often than not, is kind of laughable. It isn't a word sentiment, emotions. It's how investors collectively feel about a stock and that can change on a dime. One quarter's earnings miss an interest rate hike, geopolitical news or even a single social media comment from a CEO that can move billions of dollars of market value in an instant real estate, on the other hand, that strips away a lot of that noise and that ability for other people's emotions to ruin the price of your apartment building that cannot happen at its core, the value of a property is tied to its income stream and the market that It sits in, that makes it far more direct and way more controllable. If I buy a property, I can see the levers in front of me and ask my property manager to push or pull them or even do it myself. For example, I just asked them to replace flooring in three of my apartment units. With pricier luxury vinyl plank rather than new carpet, and that's because I plan to hold that building for another five years or more. I'll attract a better quality tenant that can afford to pay me more rent. So I know that if I improve operations and increase occupancy, reduce expenses or reposition the asset down the road. I mean, that is directly going to increase net operating income, and that increase will directly affect my valuation. So there's a logic to this that's almost mechanical, and that is not to say that real estate is without nuance or risk. The risk lies in execution. You have to underwrite carefully. Is the location of your property sustainable long term? Are the demographics supportive of Lent growth? What capital improvements are truly lucrative to you and provide the tenants with value, and what kind of improvements are only cosmetic? So real estate isn't just tangible, it's also something that you can interact with. You can walk a property, you can even speak to tenants, study the neighborhood and know exactly what you're dealing with. It's not a ticker symbol reacting to opaque forces that you'll never see or control, and for me, that tactile nature creates clarity. When you buy the right property in the right market with the right strategy, then the path forward is not mysterious. It isn't whimsical, it's deliberate. Real Estate is easier to understand than the S p5, 100. And that also doesn't mean that real estate is simple, because there is that due diligence and strategy, but it's the cause and effect relationship between what you do and the outcome that you get that's far more direct with stocks. You can be completely right about the fundamentals. I mean, you can nail it. You can Bullseye that stock target, and after all that, yet still lose with real estate. If you execute well, the fundamentals eventually do show up in the returns and see because of that direct cause and effect relationship, you can improve yourself as a real estate investor faster than a stock investor can, and that's because you can learn about how your upgrade drove your properties, noi, that information, that feedback that you got, that's something that you can either replicate again or improve upon in your own investor career. So between real estate and stocks, execution is the real differentiator, and control is a key one as well. To me, that sweet spot is control that I have. But through a property manager that way, control doesn't mean that you're losing your quality of life, your standard of living. Now, some people, they do, have the right handyman skills to maintain the property and the right people skills to maintain the tenants. So self managing it can work for just a few people. I sure don't have the handyman skills myself. Sheesh, if I even try to hang a picture on a wall, there's a 50% chance that it's going to end in a drywall patch job. When you can see the cause and effect between your decisions and the property's performance, it creates that level of control that stocks and bonds just don't offer. And I'm also being somewhat kind to stocks by discussing a benchmark like the s, p5, 100, even harder to control and understand are the Wall Street derivatives and financial mutations that the people invested in them don't even understand. Unlike stocks, you own, the levers you own, the operations, the expenses and the occupancy, both have risks, but real estate's risks are more perceptible, more knowable. You won't have to cringe when a company's CEO posts a tweet that's either pro Israel or pro Gaza. Billions of market cap is wiped out, and your investment goes down 12% in one hour. This is why we talk about real estate on the show. There is less speculation and conjecture. It is concrete stuff, and that's all besides how real estate pays you five ways at the same time, as if that wasn't enough.    Keith Weinhold  9:38   Now, when we talk about real estate investing in this decade, do you realize that we have been in a housing recession for two years? A recession in real estate? I mean, it might not feel like it with those home prices at erstwhile mentioned all time highs. We don't need to have falling prices to have a recession. Investors are obviously. Making money in this housing recession. The recession I'm talking about is the slowdown in housing activity stemming from less affordability, lower sales volume and less available inventory. But we do now have signs that we are breaking out of these housing doldrums. As far as affordability, national home prices are staying firm. But what's helping there is that mortgage rates have fallen, and we've also had wages that are rising faster than rents and wages that are rising faster than mortgage payments. In fact, wages have been rising faster than both of those for most of the last year now, and that's sourced by Freddie Mac Federal Reserve stats and rental listings on Redfin. Yes, year over year, American wages are up 4.1% rents are up 2.6% and mortgage payments are basically unchanged over the past year, up just two tenths of 1% and of course, these facts, combined with lower mortgage rates, all supports more real estate price growth. Now to kick off the show, I mentioned how real estate stocks and gold all recently hit all time highs. Well, that's denominated in perpetually based dollars, of course. However, one thing that affects you that certainly has not reached all time highs is the level of available homes, the number of homes for sale, that inventory is up off the recent bottom in 2022 yet it is still below pre pandemic levels. We have had quite a recovery here. National active listings definitely on the rise. They are up 21% between today and this time last year. Well, that means that buyers have gained leverage, mostly across the south, where lots of new building has occurred, and some areas of the West as well. Yet today, we are still, overall here 11% below 2019 inventory level. So nationally, we're basically still 11% below pre pandemic housing inventory levels. And in the Midwest and Northeast, the cupboard looks even more bare than that, since new construction totally hasn't kept up there, we will see what happens. But with the recent drop in mortgage rates, buyers might take more of that available inventory off the shelf. But here's the twist that I've heard practically no one else talk about no media source, no one in conversation. Nobody. It is the paucity of available starter homes. It's the entry level home segment that has the great scarcity, and it's these low cost properties that are the ones that make the best rental properties. Their paucity is jaw dropping, as sourced by the Census Bureau and Freddie Mac starter home construction in the US. I mean, it is just fallen precipitously. Are you even aware of the trend? All right, defined as a home of 1400 square feet or less, all right, that's what we're calling a starter home. Their share of new construction that was 40% back in 1982 Yeah, 40% of new built homes were starter homes. Then by the year 2000 it fell to just a 14% share, and today, only 9% of new built homes are starter homes, fewer than one in 10, and yet, that's exactly what America needs more of. So although overall housing inventory is still low, it's that entry level segment that is really chronically underserved, and that won't change anytime soon, we remain mired in a starter home slump because builders find it more profitable to build higher end homes and luxury homes. Yet for anyone that owns this workforce rental property, which is the same thing we've been focused on doing here on this show, from day one, you are sitting in an asset class that's going to remain stubbornly in demand over the long term. And when it comes to starter homes, the ones Investors love most, they are more scarce than bipartisan agreement in Congress, really. That is the takeaway here.    Keith Weinhold  14:39   So last week, I had an interesting in person meet up at a coffee shop with a 19 year old college student because he's a real estate enthusiast, rapping Gen Z there. He's an athlete too, an 800 meter runner. Well, his dad read Rich Dad, Poor Dad, and his dad has 60 rental properties. Where they're from in Wisconsin, and maybe you're wondering, oh, come on, what could I learn from this 19 year old? I don't think that way. Now, I told him about some foundational GRE principles like financially free, beats debt free and things like that. It was also insightful to get his take on how he sees the world, and for me to learn what his professors are teaching him about real estate investing in his classes, he talked about how his professors show them, for example, what affects apartment cap rates. Also about how, whenever they run the numbers on a property, it always works out better to get the debt, get that mortgage, and how that leverage increases total rates of return. I was really happy that he's learning that over there at the university, but I was really impressed how at age 19, he's responsible and understands so much about society, politics, investing, athletics and even diet. I mean, this guy is rare, talking about his preference for avoiding food cooked in seed oils and choosing beef tallow instead. He also lamented on how Generation Z is so screwed up, saying that no one reads, no one's having kids, no one can buy a home, no one's going to be able to buy a home, and that people his age are so used to looking at screens that they're anxious about in person interactions, even in person, food ordering from a waiter at a restaurant gives them anxiety. He and I are planning to go running together next week. We'll see how that goes. As a college 800 meter runner, he's going to have the speed advantage on me, but we're running up a steep, 40 minute long trail where I've got a shot at an endurance advantage. So it was rather interesting to get his take and see what college professors are teaching on real estate. I mean, this generation that's coming of age now, Gen Z is the worst generation since George Washington to have it worse off than their parents. I'm going to talk about that today, shortly. next week, on the show here, I plan to help you learn about what's going on with some real estate niches and what their future looks to be over the next 10 to 20 years, including mobile home park real estate and parking lot real estate, one of these asset classes I really don't like the future of That's all next week on the future of some certain real estate niches. Straight ahead today, I want to tell you about mortgage rates in a way that you've never thought about before and more about the war on the young and the vanishing middle class. I'm Keith Weinhold. There will only ever be one. Get rich education podcast episode 573, and you are listening to it.    Keith Weinhold  17:53   If you're scrolling for quality real estate and finance info today, yeah, it can be a mess. You hit paywalls, pop ups, push alerts, Cookie banners. It's like the internet is playing defense against you. Not so fun. That's why it matters to get clean, free content that actually adds no hype value to your life. This is the golden age of quality email newsletters, and I write every word of ours myself. It's got a dash of humor. It's direct, and it gets to the point, because even the word abbreviation is too long, my letter takes less than three minutes to read, and it leaves you feeling sharp. And in the know about real estate investing, this is paradigm shifting material, and when you start the letter, you'll also get my one hour fast real estate video course, completely free as well. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be simpler to get visit gre letter.com while it's fresh in your head, take a moment to do it now at gre letter.com Visit gre letter.com    Keith Weinhold  19:06   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Chale Ridge personally. While it's on your mind, start at Ridge lendinggroup.com that's Ridge lendinggroup.com   Todd Drowlette  19:38   this is the star of the A E show the real estate commission, I'd roll that. Listen to get rich education with my friend Keith Weinhold, and don't quit your Daydream.   Speaker 1  19:49   Welcome back to. Get Rich Education. I'm your host. Keith Weinhold, as a reminder that show the real estate commission starring our friend Todd Drolet, who is a guest on the show here with us at the beginning of this month, it starts October 10, on A and E, that's that reality based commercial real estate show. Late last year, the Fed lowered interest rates, and they're doing the same thing again this year, when interest rates rise and fall, think of it like a wall that's being raised and lowered. Cutting rates is like lowering the height of a wall or a dam. That's because it allows for the free flow of capital. Savings rate accounts. Well, since they'll now pay at a lower rate with this rate cut, they're more likely to get shifted out and invested somewhere and flow into something else, driving up that other asset's value. Mortgages are more likely to originate because you pay less interest. Lowering rates lowers the impediment to the flow of money. It eases that flow. Oppositely, raising rates is like increasing the height of a wall or a dam, because if your savings account rate goes from 4% up to 5% oh well, you more likely to keep it parked there a higher wall or dam around your money, and raising rates makes your mortgage costs higher, so you're more likely to stay put and not move money around, constrained by the higher wall, that's how interest rates are like walls and lower walls also increase inflation, since they increase The flow of money, and hence the demand for goods and services. Well, then why did the Fed cut rates, lowering the wall opening the door for inflation this last time? Well, I think you know that was due to the evidence of a sputtering job market. You know that, if you follow this stuff, a slowing job market slows the flow of money, hence why they lowered the wall to increase the flow. Now this might translate to even lower mortgage rates. It does have that loose correlation anyway, and this should lift the housing market. But here's the real problem. Inflation is higher than the Fed wants already, and it's still rising, and they cut rates, making it more likely to rise further. This is like pouring gasoline on a campfire while yelling, don't worry. I got this sure the fire burns brighter, all right, but you might lose your eyebrows. The risk here is that these rate cuts will make inflation spike, since lower rates makes everyone less likely to save and more likely to borrow and spend, this pushes up prices even farther and faster, and this is the Fed's dangerous game. This is the crux about why the Fed is between a rock and a hard place. Ideally, the Fed only cuts of inflation is at or below their 2% target, but understand it hasn't even been there one time in nearly five years. Now, year over year, inflation was 2.7% last month and rose to 2.9% this month. The price of almost everything is up even faster than it usually goes up, beef, housing, haircuts, flamin hot, Cheetos, everything as we know this inflation that's now positioned to pick up again. However, for us, this is the long term engine that makes our real estate profitable. It makes it easier to raise rents, all while your principal and interest payment stays fixed. Inflation cannot touch that like a mosquito buzzing against a window, and let's be real, official inflation numbers are like Instagram filters. They are shaved down, touched up and airbrushed. The government massages them with tricks like hedonics, the wave of inflation that peaked at 9% in 2022 that has already widened the distance between the haves and the have nots, like the Grand Canyon, eviscerating so much of the middle class. And now the powers that be are setting up a scenario for another wave of elevated, long term inflation. This could get dire. Look like I was saying earlier the generation coming of age today is the first one since George Washington to have it worse off than their parents. Do You understand the profundity of this? They had the lowest home ownership rate, and they're the poorest, often leaving them directionless, anxious, depressed, drug addicted and even suicidal for. The first time in US history, Americans are on track to be poorer, sicker and lonelier than their parents. They will make even less than their parents did at the same age, and that's despite having a college degree. Inflation is a big reason for that, and that's what I help you solve here. I can't really help you with the depression stuff. That's not really my role with what I do here in the show. But inflation, in getting behind is one contributor to all these things. Understand, in 1989 those under age 40, they held 12% of household wealth. Today it's just 7% older Americans got rich, and they basically locked the gates behind them. Those over age 70 only held 19% of US wealth in 1989 now it's 30% Harvard's endowment has grown 500% since 1980 that's adjusting for inflation, but yet their class size hasn't grown. I mean, this is just more evidence that old money wins and young people are losing and cannot get ahead in 2019 the federal government spent eight times more per capita on seniors than they did kids. We all know that Gen Z is delaying marriage, home ownership and family formation in 1993 60% of 30 to 34 year olds had at least one child. Today, it's gone all the way down to 27% in about 30 years, that's fallen from 60% down to 27% this is not a resource problem. It's a values problem and an inflation problem, and also the tax code, values owning assets which older people have over labor, which younger people have. This is the crux of the war on the young and the war on those that don't own assets. You've got to wonder, is it even fixable? Some of it is, but no one really wants to fix inflation, and now they're lowering rates to open the door for even more of that widening that canyon, yes, the wave of inflation that started four to five years ago that broke down the middle class, and now it's set up to widen even more. I want to tell you what you can do about that shortly. But first, have you ever wondered, why do we even stratify upper, middle and lower class based on somebody's income? Why the income criterion, if you say that someone's upper class, everyone knows what that means. It means that you have a lot of wealth or income. But why is that the basis? Why do we classify it based on income? Well, it really started forming during the Industrial Revolution of the 1700s and 1800s that began in Great Britain. Before that, class distinctions were usually based on land ownership or nobility or occupation, for example, aristocrats versus peasants. But as industrial capitalism spread out of the UK, wages became the dominant way that people made a living. So tracking income, it sort of became this natural way to map out class. And then this notion spread in the 1800s and 1900s that was propelled through both economics and social science. You had thinkers like Karl Marx and Max Weber that were deeply concerned with class. Marx emphasized ownership of the means of production. You've probably heard that before, capitalists versus workers. But as societies modernized people in the world of both Economics and Psychology, they agreed that income was an easier dividing line than ownership alone. And then, starting last century, in the US, the 1900s income statistics, they became rather central in all of these policies that we make, like our tax system and poverty thresholds and qualifying for housing programs and even welfare benefits. See, they all rely on income bands. And over time, this normalized in our vernacular, these strata of upper middle and lower class sort of this income based shorthand that we use, throwing these terms around. So whether we like it or not, classes are based on your income level, and that's how it came into being. Well, with. A quick history lesson with the eroding of the middle class, with the war on the young. What can you actually do to make sure that you find yourself on the upper income side of it without falling to the lower side the lower class? Well, we know who the future financial losers are going to be. It is anyone not owning assets, and it's also savers clutching their dollars as those dollars quietly melt like ice cubes in July, right in their hand. Those are who the financial losers are going to be. Who are the winners going to be? It is asset owners riding the inflation wave, and the winners are also debtors who get to pay back tomorrow with cheaper dollars today, especially with that debt that you have outsourced to tenants. Here's the big takeaway, if you did not grab enough real assets during the last wave of inflation don't get left behind this time, because the longer you wait, the harder it is to jump aboard this moving train that keeps getting momentum and moving faster. The bottom line here is that at GRE we advocate for simply doing it all at once. Use debt to own real assets while inflation pushes up your rents. That's it, right. There it is. That's really the most concise way to orate the formula. Look in your mortgage loan documents. It does not say that you have to repay the mortgage loan in dollars or their equivalent. It only says you have to repay in dollars. That's your advantage. As dollars keep trending closer to worthless. To review what you've learned so far today, real estate is easier to understand and has more control than stocks. Housing has been in a recession, but there's more evidence that it is thawing, and a setup for more inflation has America poised to exacerbate the war on the young and widen the canyon between the haves and the have nots, and it threatens to get even wider as the middle class keeps vanishing and struggling.   Keith Weinhold  32:23   Now, if you like good free information, like with what I've been sharing with you today, and you find yourself doing a bit too much scrolling for quality written real estate and finance info. I mean, yeah, it can be a mess. It can be tough. If you want to get the good stuff, you hit paywalls and pop ups, and you get these push alerts and cookie banners. It's a little annoying. It's like the internet is playing defense against you. Not so fun, and that's why it matters to get good, clean, free content that actually adds no hype value to your life. This is the golden age of quality email newsletters. I've got one. I write every word of ours myself, and it's got a dash of humor, yet it's direct. And it gets to the point because, as I like to say, even the word abbreviation is too long. My letter takes less than three minutes to read, and it leaves you feeling sharp and in the know about real estate investing, this is the good stuff, the paradigm shifting material, the life changing material, you can get my letter free at gre letter.com Where else would you get the GRE letter? Greletter.com and along with the letter, you'll also get my one hour fast real estate video. Course, it's completely free as well, and it's not to try to upsell you to some paid course, there is no paid course, there's just nothing for sale, no strings attached, free value. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be simpler to get as you know, I often like to part ways with something actionable for you, visit gre letter.com while it's fresh in your head, take a moment to do it now one last time it's gre letter.com until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 2  34:24   nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  34:52   The preceding program was brought to you by your home for wealth building. Get richeducation.com

Overview Greg Robertson sits down with Andy Taylor and Greg Fischer from RetroRate to discuss assumable loans and their potential to reshape real estate transactions. They explore the history and career paths of both founders, the challenges of discoverability in MLSs, and how RetroRate aims to make assumable loans more visible and accessible for agents, buyers, and sellers. Key Takeaways Backgrounds of the founders: Andy Taylor: From gaming at EA, to Apple, to Redfin, to startups like Approved and Credit Karma. Greg Fischer: From brokerage and realtor.com to innovative consumer tools like Doorsteps and Doorsteps Swipe. RetroRate's mission: Helps real estate professionals identify and transact on assumable loans. Assumable loans can drastically reduce monthly payments compared to current market rates. Market potential: 22–25% of homes on the market have an assumable loan, yet less than 1% are marketed that way. Properly marketed assumable loans can increase sale prices and attract more buyers. Challenges: Discoverability in MLSs—fields exist but are often unused or misunderstood. Educating agents and consumers on how assumables work. Equity gaps require creative solutions (cash, piggyback loans, or policy changes). Tools & partnerships: RetroRate offers an agent-facing platform, MLS integrations, and a Chrome extension (“RetroRate VHS”) to overlay assumable loan info on Zillow, Redfin, and Realtor.com. Engaging with MLSs and realtor organizations to standardize data fields and improve adoption. Call to action: MLSs, brokers, and agents should connect with RetroRate to make assumable loans more visible and usable for clients. Links RetroRate Contact: andy@retrorate.com | greg@retrorate.com Sponsors Trackxi – Real Estate's #1 Deal Tracking Software Giant Steps Job Board – Where ORE gets hired Production and editing services by: Sunbound Studios  

The U.S. housing market feels impossible to navigate — high prices, rising taxes, low inventory, and mortgage rates that just won’t budge. This week on Brown Ambition, Mandi sits down with Daryl Fairweather, Chief Economist at Redfin, to cut through the noise and explain what’s really going on. From the “lock-in effect” keeping homeowners stuck, to why renting may actually be more affordable than buying in many cities, Daryl offers insights grounded in both data and behavioral economics. She also shares practical advice for first-time buyers, discusses the hidden costs of homeownership, and explores how systemic challenges continue to impact Black and Brown communities. And before she goes, Daryl gives us a sneak peek into her new book Hate the Game: Economic Cheat Codes for Life, Love and Work — an empowering take on how to use economics to outsmart unfair systems and claim your wins. What You’ll Hear in This Episode: Why so many homeowners feel “stuck” with low-rate mortgages The growing affordability gap between buying and renting How return-to-office mandates are reshaping housing choices The hidden costs of owning a home (taxes, insurance, maintenance) Programs that can help first-time and minority buyers How zoning and local government decisions impact affordability Why Black households are seeing declining homeownership rates Insights from Daryl’s new book Hate the Game BA Fam, Let’s Connect! Join the conversation on IG: @brownambitionpodcast Share the episode and tag us — we love seeing your takeaways! Don’t forget to subscribe, rate & review to keep spreading the ambition. See omnystudio.com/listener for privacy information.

Colton Pace is a founder and currently the CEO of Ownwell, a Proptech company dedicated to democratizing access to real estate expertise and reducing the hidden costs of homeownership. Under his leadership, Ownwell helps homeowners and property owners identify and appeal overvalued property taxes, reduce insurance and utility costs, and manage other home‑related expenses through data, automation, and local expert teams. Before founding Ownwell, Colton served as an investor, asset manager, and venture capitalist, helping manage billions of dollars across various asset classes. He was part of funds that made early investments in companies such as Uber, Spotify, Redfin, Snowflake, UiPath, Zuora, and Grab. (01:05) - VC to PropTech Founder(03:10) - $797B Property Tax Problem(04:48) - Ownwell Traction: 700K+ Homes and SMB/CRE(06:18) - AI Plus 80 Consultants: How Appeals Get Done(08:50) - Success Rates and Savings: Residential vs Commercial(11:27) - Portfolio Case Study: 124 SFR Properties in Texas(13:45) - Valuation Methods and Local Differences(16:13) - Market Size: $50 to 60B Opportunity(17:29) - Feature: CREtech - Join CREtech New York 2025 on Oct 21-22 for the largest Real Estate Meetings program. Qualified Real Estate pros get free full event pass plus up to $800 in travel and hotel costs. (19:02) - Beyond Taxes: Insurance, Loans, Utilities, Concierge (21:30) - Building Trust with Homeowners and CRE Owners (24:03) - Advice for PropTech Founders Selling into Real Estate (26:49) - Collaboration Superpower: Matthew McConaughey

If $250,000 dropped into your lap today, would you actually know what to do with it?In this episode of Cash Flow Positive, Kenny Bedwell pulls back the curtain on exactly how he'd put that money to work in short-term rentals. He breaks down why your financing strategy can make or break a deal, the five cost buckets most investors forget about, and why setting your ROI goal up front is non-negotiable.You'll hear Kenny think through real markets, from Florida beaches to Shenandoah cabins, and explain how to spot which ones fit your budget and which ones will bleed you dry.Don't guess your way into a $250K mistake. Hit play now to hear Kenny's no-fluff, data-backed roadmap and get clarity on where your money will actually cash flow.Timestamped Highlights[00:00] How a $250K windfall changes your investing strategy overnight[02:14] The financing trap that torpedoes deals before they close[04:18] The five hidden costs every STR investor must budget for[07:36] Kenny's minimum ROI goals—and why cash flow beats percentages[10:53] The “process of elimination” method for picking your markets[14:25] Why Bradenton, FL, might work—and the brutal barrier to entry[21:00] Shenandoah's low-barrier charm vs. beach market competition[24:38] How lakefronts in Michigan and urban rentals in Cincinnati stack upResourcesSTR Insights softwareTop Markets Report (via STR Insights website)Dave Ramsey podcast (benchmark reference)Zillow & Redfin (for market comps)Evergreen LinksWant us to find the deals for you? https://strinsights.com Get Top Markers for STRs (2025) https://www.strinsights.com/top-investable-short-term-rental-markets-2025-report

Executive Summary: The Dawn of a Real Estate Behemoth   The definitive merger agreement between Compass, Inc. (NYSE: COMP) and Anywhere Real Estate Inc. (NYSE: HOUS), announced on September 22, 2025, represents a landmark event in the residential real estate sector. Structured as an all-stock transaction, the deal is set to create a combined company with an enterprise value of approximately $10 billion, including assumed debt.1 This strategic union is not merely an acquisition but a fundamental realignment of the industry's competitive landscape, driven by the ambition to unite Compass's sophisticated, technology-centric platform with Anywhere's expansive, global network of agents and its diversified business operations.1 The new entity will emerge as the largest brokerage platform in the United States, boasting a network of approximately 340,000 real estate professionals spanning over 120 countries.1 From an investor standpoint, the transaction promises significant financial efficiencies, with Compass anticipating more than $225 million in non-GAAP OPEX synergies.1 Furthermore, the deal is expected to add over $1 billion in diversified revenue from Anywhere's established franchise, title, and escrow businesses, providing a more resilient financial foundation in a challenging market.1 However, the initial market reaction, characterized by a 16% slide in Compass's stock price while Anywhere's shares soared over 48%, signals a degree of investor apprehension about the deal's valuation and the complexities of its execution.2 For real estate professionals, the combined platform offers an unprecedented scale of technology tools, a broader range of service offerings—including mortgage, title, and relocation services—and a vastly expanded referral network.4 The success of this union hinges on the delicate process of cultural integration and the critical task of retaining Anywhere's agents, who are the core assets in this transaction.7 For the wider industry, this merger represents a powerful consolidation that challenges the established power dynamics held by third-party portals like Zillow and the traditional Multiple Listing Service (MLS) model. The combined entity's control over a massive volume of listings could reshape the flow of information and commerce in the residential real estate market.9   The Transaction: A Detailed Financial and Structural Analysis   The merger of Compass and Anywhere Real Estate is a testament to the strategic use of financial and structural engineering to achieve transformative scale. The mechanics of the deal and its stated financial objectives provide a clear window into the companies' long-term vision.   Deal Mechanics and Valuation   The transaction is structured as an all-stock merger, a mechanism that aligns the interests of both companies' shareholders by deferring immediate cash payouts in favor of a shared stake in the future enterprise.1 Under the terms of the agreement, each share of Anywhere common stock will be exchanged for 1.436 shares of Compass Class A common stock.1 This share exchange ratio was determined based on Compass's 30-trading-day volume-weighted average price as of September 19, 2025, and represents a per-share value of $13.01 for Anywhere shareholders.1 This valuation is a major component of the transaction, as it translates to an approximate 84% premium over Anywhere's closing stock price on the Friday preceding the merger announcement.2 The total acquisition value for Anywhere is cited at about $1.5 billion, or $1.6 billion in other reports, which contributes to the combined company's total enterprise value of roughly $10 billion, inclusive of debt assumption.2 The ownership structure of the new entity reflects the strategic power balance. Upon completion, current Compass shareholders will hold approximately 78% of the combined company on a fully diluted basis, while Anywhere shareholders will own the remaining 22%.1 This allocation grants Compass a controlling interest and solidifies its leadership, with Compass CEO and Founder Robert Reffkin designated to lead the new organization.3 The market's initial reaction to these terms was bifurcated. While Anywhere's stock experienced a significant surge, Compass's shares fell sharply, indicating a degree of market apprehension.2 This response suggests that investors may be weighing the strategic benefits against the potential costs. A significant area of concern for the market appears to be the assumption of Anywhere's substantial debt burden of $3.34 billion, a liability that Compass will inherit.12 The market's apprehension suggests that the valuation, while seemingly a windfall for Anywhere, may be perceived as an overpayment for an acquiring company that still faces significant operational hurdles.   Financial Projections and Synergies   A central tenet of the merger's financial rationale is the realization of meaningful operational efficiencies and the diversification of revenue streams. Compass anticipates achieving over $225 million in non-GAAP OPEX synergies, a figure that is a key component of the deal's value proposition.1 These efficiencies are expected to be realized by integrating redundant operations and leveraging the new scale to lower costs across the board. The acquisition of Anywhere's business units—specifically its franchise, title, escrow, and relocation operations—is projected to add more than $1 billion in revenue to Compass's top line.1 This represents a crucial strategic move to diversify Compass's revenue away from its commission-heavy model, which is highly susceptible to the cyclical nature of the housing market.14 By acquiring businesses that generate revenue from various stages of the real estate transaction, Compass is building a more resilient and stable financial profile. The combined company's anticipated 1.2 million transactions annually present a significant opportunity to cross-sell these ancillary services, creating a more seamless and integrated experience for clients while boosting revenue per transaction.1 The combined company is also projected to generate significant free cash flow and strengthen its balance sheet.1 To support its financial strategy, Compass has secured a $750 million financing commitment from Morgan Stanley Senior Funding, Inc., with a stated goal to deleverage to a net leverage of approximately 1.5x Adjusted EBITDA by the end of 2028.1 This aggressive deleveraging plan indicates a commitment to long-term financial health and suggests that the company is keenly aware of the debt it is assuming.   Strategic Rationale: A Symbiotic Combination of Strengths   The merger is fundamentally a move to create a new kind of real estate platform by combining the distinct and complementary strengths of two industry leaders. The strategic logic transcends a simple consolidation play; it is about combining a technology-first model with a vast, established network to create a dominant market presence.   Compass's Strategic Imperative   Compass has long positioned itself as a property technology company, investing over $1.8 billion to build an end-to-end platform for its agents.4 The company's business model revolves around empowering real estate professionals with sophisticated tools for customer relationship management (CRM), marketing, and transaction management.14 This technology-driven approach has enabled Compass to attract a network of approximately 40,000 agents and focus on high-margin, high-end properties.2 The Anywhere acquisition represents an opportunity to accelerate this strategic vision on a massive scale, instantly expanding its network to approximately 340,000 professionals and broadening its geographic and demographic reach.2   Anywhere's Strategic Value   Anywhere Real Estate, a legacy player in the industry, brings a wealth of brand equity, a globally recognized footprint, and a diversified business model to the table. Its portfolio of leading brokerage brands—including Century 21, Coldwell Banker, Better Homes and Gardens, and Sotheby's International Realty—provides a powerful foundation of consumer trust and a massive agent network.2 Anywhere's business model is a mix of franchise operations and company-owned brokerages, which allows for expansive growth without the overhead costs of a fully centralized model.4 Furthermore, its ancillary businesses in relocation, title, and escrow provide a stable, recurring revenue base that complements Compass's more transaction-dependent business model.1   The Combined Value Proposition   The central value proposition of the merged entity is to create a "premier real estate platform" by integrating Compass's technology with Anywhere's scale and brands.1 The stated goal is to create a seamless, all-digital, end-to-end platform that streamlines agent workflows and enhances the consumer experience.6 This merger is an attempt to execute what has been referred to as the "Apple playbook" within the real estate industry.14 Just as Apple controls the entire value chain from hardware to software and services, the new Compass seeks to control every stage of the real estate transaction, from lead generation and marketing to the closing process itself. This is not just a growth strategy; it is a fundamental move to build a vertically integrated ecosystem that captures a larger share of the total revenue generated from each transaction, making the business more resilient to market fluctuations and increasing profitability.   Market Implications and the Redrawing of the Competitive Map   The merger is a profound example of the strategic consolidation taking place in the residential real estate sector. It occurs at a time of significant market stress, with a multi-year U.S. housing slump and elevated mortgage rates putting pressure on all industry players.2 This transaction is part of a broader trend, as evidenced by other recent, large-scale deals like Rocket Cos.' acquisitions of Mr. Cooper and Redfin.2 This consolidation is a direct response to a challenging macroeconomic environment, with companies betting that scale, diversification, and technology can unlock efficiencies and strengthen their competitive position.   The New Power Dynamics   The combined Compass-Anywhere entity, with an estimated market share of approximately 18% of U.S. transactions, creates a powerful new "Goliath" in the industry.2 This new scale has significant implications for key industry players and the traditional real estate ecosystem. A major strategic element of this merger is the power it grants the new entity in its ongoing disputes with online portals, particularly Zillow. Compass has been embroiled in a lawsuit against Zillow over its policy banning "Private Exclusives," or off-market listings shared only within a brokerage's network.9 The combined company's control over a massive amount of "content," in the form of listings and transaction data, provides unprecedented leverage.10 By normalizing off-MLS inventory at a national scale, the new Compass could bypass Zillow's portal and the traditional MLS, creating a self-contained ecosystem that forces consumers to go through a Compass agent to access a critical mass of listings.9 The deal is not just about agent count; it is a strategic bet on controlling the flow of data and the attention of buyers and sellers, a battle for who will ultimately "rewrite the rules of how homes get marketed".9 This industry shift also poses a long-term challenge to the National Association of Realtors (NAR), whose historical strength was built on a fragmented network of independent brokers.13 As power consolidates into a handful of large entities, the influence of a trade group designed to serve a decentralized industry may diminish.   Critical Challenges and Risks to Execution   Despite the compelling strategic rationale, the success of this merger is not assured. The integration of two such different organizations presents a number of significant and complex challenges, from regulatory hurdles to the intangible risks of cultural alignment.   Regulatory and Antitrust Hurdles   The merger is subject to regulatory approval by the Federal Trade Commission (FTC) and the Department of Justice (DOJ) under the Hart-Scott-Rodino (HSR) Act.1 Given the combined company's significant market share of approximately 18%, the deal will almost certainly face intense regulatory scrutiny.2 A key precedent for this risk is Compass's previous acquisition of @properties, which required the divestiture of certain assets to satisfy regulatory compliance.18 The scale of the Anywhere transaction amplifies the risk of similar divestiture obligations, which could force the new company to restructure the deal and potentially undermine its strategic vision.18 Compass has proactively addressed this risk by hiring a former DOJ antitrust leader as its Chief Legal Officer, a move that underscores the seriousness with which the company is approaching this issue.19   Cultural Integration and Agent Retention   Perhaps the most significant risk to the merger's success is the challenge of uniting two fundamentally different corporate cultures. Compass is a technology-driven, centralized organization with a focus on high-end, high-margin transactions.14 Anywhere Real Estate, in contrast, is a long-established, decentralized franchise network with a vast portfolio of independent brands.16 Robert Reffkin has stated his intent to "preserv[e] the unique independence of Anywhere's leading brands" 2, but the very purpose of the merger is to bring agents onto a "shared network" and a common technology platform.1 This creates a fundamental tension that could lead to a culture clash, a factor that has derailed past mergers, as seen in the cautionary tale of Amazon's acquisition of Whole Foods.20 The ultimate assets in this deal are the real estate agents, who are independent contractors and can easily migrate to competing brokerages if they are dissatisfied with the integration process, a change in their commission splits, or a cultural misalignment.8 Successfully retaining Anywhere's 300,000 agents will be the true test of the merger's viability.   Financial and Operational Risks   In addition to the assumed debt, the integration of technology platforms is a complex and costly endeavor.7 Compass's proprietary software must be seamlessly integrated with the disparate systems and workflows of Anywhere's many brands. This is a monumental operational task that carries the risk of delays, cost overruns, and a negative impact on agent productivity during the transition. The financial projections of over $225 million in synergies are predicated on the successful navigation of these complexities. Any shortfall in realizing these efficiencies could jeopardize the company's deleveraging plan and its long-term financial health.   Conclusion and Forward Outlook   The merger of Compass and Anywhere Real Estate is a watershed moment for the residential real estate industry. It is a bold, strategic bet that in an era of market contraction and technological disruption, a combination of scale, brand recognition, and a sophisticated platform is the key to long-term survival and dominance. The strategic synergies are compelling, particularly the opportunity to diversify revenue, increase profitability through operational efficiencies, and gain significant leverage against third-party players like Zillow and the MLSs. However, the path to success is fraught with significant execution risks. The ability to successfully navigate regulatory scrutiny, integrate two vastly different corporate cultures, and retain the massive agent network it has acquired will be the primary determinants of the deal's ultimate success. If Compass can overcome these hurdles, the new company will be poised to lead a new era of "platform-driven" real estate, fundamentally reshaping how homes are marketed and sold in the U.S. and beyond. If it fails, the merger will serve as another costly lesson on the complexities of combining disparate business models in a rapidly evolving market. BONUS LINK: To celebrate this historical moment in organized real estate, you are invited to join a powerful new real estate referral club created for all those who are part of this new merger. Here is the invite link. Be sure to invite those you may want to include.  This podcast was AI produced.

Starter-home sales just hit a two-year high, rising 3.9% in June—even as sales in every other price tier declined. In this episode, we unpack Redfin's latest report on why entry-level homes are suddenly in demand, which metros are leading the charge, and what this trend means for buyers, sellers, and investors navigating today's high-rate housing market. Learn more about your ad choices. Visit megaphone.fm/adchoices

Multifamily construction is slowing after the pandemic building boom—and it could shift the rental market back in landlords' favor. In this episode, we break down Redfin's latest analysis showing a 23% drop in permits nationwide, the metros still leading in new apartment construction, and the regions seeing the steepest declines. From Sun Belt hotspots like North Port and Austin to West Coast slowdowns in Stockton and San Jose, we'll explore what's driving the shift, how it's impacting rents, and where investors should be watching next. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investor home purchases just logged their biggest drop since 2023, with condos taking the sharpest hit. What's driving the slowdown, and how could Fed policy shape what happens next? In this episode, Kathy Fettke talks with Chen Zhao, Head of Economic Research at Redfin, about why investors pulled back in Q2, what markets are seeing the greatest headwinds, and what a potential three rate cuts from the Fed this year could mean for both investors and everyday buyers. LINKS CHECK OUT OUR NEW WEBSITE & BECOME A MEMBER (IT'S FREE)! https://realwealth.com/join-step-1 FOLLOW OUR PODCASTS The Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN FREE RealWealth® EDUCATION & TOOLS RealWealth Market Reports: https://realwealth.com/learn/best-places-to-buy-rental-property/ RealWealth Videos: https://realwealth.com/category/video/ RealWealth Assessment™: https://realwealth.com/assessment/ RealWealth® Webinars: https://realwealth.com/webinars/ READ BOOKS BY RealWealth® FOUNDERS The Wise Investor by Rich Fettke: https://tinyurl.com/thewiseinvestorbook Retire Rich with Rentals by Kathy Fettke: https://tinyurl.com/retirerichwithrentals Scaling Smart by Rich & Kathy Fettke: https://tinyurl.com/scalingsmart DISCLAIMER The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.RealWealthShow.com

Mike leads a meeting discussing content marketing strategies, focusing on adapting and localizing content from established platforms like Zillow, Redfin, and Realtor.com. They encourage participants to use these platforms for topic ideas and then localize them for their specific community. This approach helps create more engaging and relevant content for their audience. Mike provides an example of how to adapt a national blog post to a local one, emphasizing the importance of using local statistics. They also highlight the systematic nature of this approach, providing a consistent source of content ideas.

Ryan Sudeck is the CEO of Sage Investment Group, where he leads a team focused on addressing the affordable housing crisis through hotel-to-apartment conversions. With a background in mergers and acquisitions at Amazon, Samsung, and Redfin, Ryan has overseen more than 24 successful adaptive reuse projects nationwide. Under his leadership, Sage operates an evergreen fund with over 400 investors, creating high-quality, naturally affordable housing at scale.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.     Key Takeaways Hotels are valued differently than apartments, creating a 40%+ value lift when converted to residential use. Sage Investment Group has completed 24 hotel-to-apartment conversions across six states, with 100–200 units per property. Units are typically 300-square-foot studios with full kitchens and modern amenities. Strong diligence on entitlements, construction, and lease-up is critical for success. Patience in acquisitions—sometimes two years per deal—is key to meeting return thresholds.     Topics From M&A to Affordable Housing Ryan's career in corporate acquisitions prepared him to lead Sage. Joined as CEO to scale a mission-driven approach to solving the housing shortage. Why Hotel Conversions Work Hotels trade at higher cap rates than apartments, creating built-in arbitrage. Conversion costs average $100K per unit—about half the replacement cost of new builds. Final product: fully renovated studios with fitness centers, coworking, and community amenities. Execution Risks and Lessons Learned Entitlements: converting from commercial to residential requires local approvals. Construction: inspections, sewer scopes, and cutting open walls before purchase to avoid surprises. Lease-up: conservative rent assumptions and regional property managers ensure stabilized occupancy. Capital Stack and Returns Evergreen fund supplies 25–35% of equity alongside LPs. Senior debt from community banks or private debt funds covers 60–75%. Renovation costs run $35K–$45K per unit; recent refis have returned significant equity. Why Not Ground-Up or Value-Add? Ground-up costs 2x more per unit and faces supply delays. Value-add multifamily is overpriced with thin margins post-2021. Conversions provide stronger risk-adjusted returns.    

In this powerful rerun episode, Chris Craddock sits down with Lab Coat Agents founder Tristan Ahumada, one of the most influential voices in real estate and tech. Tristan pulls back the curtain on how AI is shaking up the industry—from tools designed to make agents obsolete, to tech that helps agents scale smarter and serve better.You'll learn:Why AI could compress your commissions if you're not proactiveHow top teams are leveraging AI to create virtual brokers, CFOs, and marketing teamsWhy most real estate outreach feels fake—and how to fix itThe LCM method that made Facebook hire Tristan to train their teamsHow to make your sphere marketing actually feel authenticWhat Zillow is planning—and why you need to pay attentionWhy your thoughts might be sabotaging your successWhether you're a solo agent or scaling a team, this conversation will challenge you to rethink how you're showing up online, in your business, and in your own head.Connect with Tristan Ahumada:Instagram: @tristan.ahumadaLabCoat Agents: www.labcoatagents.comConnect with Chris Craddock:Instagram: @craddrockFacebook: Chris Craddock BusinessRESOURCES: 

#316 topics:September Historically WeakCurrent market positioning: No significant pullback since April lows, creating potential opportunity for buyers during September weakness.Contrarian perspective: Excessive focus on September weakness in media might indicate potential for better-than-expected performance.Currency and International MarketsDollar weakness driving international outperformanceConcerns about international markets' ability to maintain outperformance due to shorter work weeks and slower growth rates compared to US.Housing Market Dynamics Supply-demand imbalance: Redfin data shows 508,000 more home sellers than buyers in June 2024.Despite higher mortgage rates, household debt service remains below historical norms.Oversupply of sellers versus buyers suggests potential downward pressure on home prices.Federal Reserve Policy Shift Fed adopted new approach removing 2% average inflation target reference and focusing on employment shortfalls.AI Job Displacement ConcernsHistorical analysis shows technological advances have created 6 billion jobs despite continuous industry disruption.Show Notes:Post on X by Ryan Detrick at Carson Investment Research on 8.29 - https://x.com/RyanDetrick/status/1961495356287463555 blog post from Jeff Hirsch on 8.27 - https://jeffhirsch.tumblr.com/post/793063284503953408/bears-have-been-running-wild-in-september-since Blog post from Taylor Schulte on 8.28 titled “6 Favorite Investing Charts - https://taylor-schulte.kit.com/posts/the-best-investing-charts-august-2025 Blog Post from Seth Klarman on 8.25. titled “Job Churn” - https://seths.blog/2025/08/job-churn/ If you've been enjoying The Independent Advisors podcast for a while now and want to take the next step in your financial journey, I'd encourage you to head to our website, jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) . Matt offers a 15-minute initial call where you can discuss your financial goals and see if JWM is a good fit for your needs.Scheduling is easy—once you land at jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) just click “Schedule Initial Call” and select a time that works best for you!There's a quick survey to fill out that will help guide the conversation and ensure your time is used efficiently.If you're ready to learn more, visit jessupwealthmanagement.com (https://www.jessupwealthmanagement.com/) and book your call today!Take advantage of our partnership with LifeLock and get discounts using our link: https://lifelock.norton.com/offers?expid=LLONEYEAR&promocode= JSPW24&VENDORID= _JESSUPWM&om_ext_cid=ext_partner_ JSPW24_Productpage $)

Jon Sneider is the Founder, President, and Executive Producer of Wild Gravity, an award-winning creative production company. With more than 25 years of experience in marketing and advertising on the agency and client sides, he's held senior roles at L.L.Bean, Microsoft, and Redfin. Jon is also the author of Hacking Advertising, which talks about building effective advertising campaigns.  In this episode… Many businesses still rely on large agencies to produce their advertising, only to face bloated costs, long timelines, and diluted creative. The traditional agency model often creates inefficiencies, with multiple vendors and layers of approval that hinder the process. How can companies deliver world-class ads without sacrificing quality? Advertising veteran Jon Sneider has created an approach to challenge traditional advertising inefficiencies. He maintains that small, expert teams eliminate unnecessary hierarchies and deliver stronger results with less overhead. By focusing on breakthrough, brand and message recall, likability, and purchase intent, companies can create effective ads that scale industries. Additionally, combining AI with human expertise accelerates production while retaining high-performing creative.  In this week's episode of the Up Arrow Podcast, William Harris hosts Jon Sneider, Founder, President, and Executive Producer of Wild Gravity, to talk about reinventing advertising for efficiency and impact. Jon shares examples from high-performing insurance campaigns, his experience managing sales teams and advertising budgets at large corporations, and how growing up before the internet fueled his creativity.

The Rust Belt is heating up while the Sun Belt cools down. In today's episode, we break down Redfin's latest metro-level housing market rankings, revealing that cities like Milwaukee, Chicago, and Philadelphia are outperforming the national market with rising sales and prices. Meanwhile, boomtowns like Las Vegas, Sacramento, and Miami are slowing fast as inventory surges and buyers gain leverage. Learn more about your ad choices. Visit megaphone.fm/adchoices

Redfin's Chief Economist, Daryl Fairweather, joins the TLO crew and explains why record-low mobility, rate lock, and rent spikes are reshaping careers—and whether policy or rate cuts can unstick America's job market. Read Daryl's new book: Hate the Game: Economic Cheat Codes for Life, Love, and Work Hosts: Matt Sunbulli ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/sunbulli/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.firstdraft.vc⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Aaron Calafato ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listen to Aaron's 7 Minute Stories Podcast ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Leah Ova ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow Leah on TikTok ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Editorial: Brooks Borden Matt Sunbulli Ken Wendt Senior Audio Engineer: Ken Wendt Research: Zaid Safe Matt Sunbulli Aaron Calafato

Part two of this special series dives into three critical pieces of the 2025 housing market shift: home sales, inventory, and affordability. David Sidoni breaks down the numbers, explains why headlines can be misleading, and shows how today's changes open up new opportunities for first-time buyers.The 2025 housing market is in the middle of a transformation unlike anything seen in decades. In part two of this three-part series, David Sidoni unpacks the latest on home sales, shifting inventory, and affordability. He shares how existing home sales have dropped to just over 4 million in recent years, but new data and falling mortgage rates are signaling a move back toward healthier levels. Headlines might scream contradictions — sluggish sales one day, rising applications the next — but that's exactly why staying educated matters. Inventory is building, builders are offering incentives, and affordability is showing signs of life. For first-time buyers, understanding these shifts is the key to beating the rush and securing a home before competition heats back up.Quote: “If you take advantage of this shift now, you can beat the bum rush of a bazillion other buyers.”Highlights:Existing home sales data from 2019–2025 and what it means for first-time buyersWhy headlines about sales and applications seem contradictoryThe role of new construction and builder incentives in boosting supplyHow declining mortgage rates are already improving affordabilityActionable insights on how to prepare for the next market phaseReferenced Episodes:Part 1 of this 2025 Crucial Housing Market Shift series (home prices & mortgage rates)355 - Real Answers Pt 4: Should I Rent or Buy in 2025?Sources:Zillow, Redfin, Goldman Sachs, Housing Wire, Ris Media, US News, Bloomberg, The National Association of REALTORS®, Realtor.com, Homes.com, Zelman & Associates, Brian Buffini and other housing economists, The Mortgage Bankers Association, U.S. Census Bureau, Fannie Mae, Freddie Mac, financial Samurai, Moody's, Inman, US News, Apollo Global, Wells Fargo, and the National Association of Home Builders.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us! This is one part of a 3 part series highlighting the most significant housing market shift since this podcast began in 2019. Check out the podcast library for the full series for a complete update.

Redfin reports national home sales are slowing to the lowest summer pace in a decade — but is that really what's happening locally? In this video, we break down the real estate data for the Greater Philadelphia area and show you why local trends often tell a completely different story.

For the first time in over a decade, real change is reshaping the housing market. Prices, inventory, and affordability are shifting in ways that could finally give first-time buyers a new opportunity.In this episode, David Sidoni delivers a data-packed breakdown of the biggest housing market change in 17 years. After years of historically low inventory, rising prices, and brutal bidding wars, 2025 is bringing something different: falling prices in many metros, improving affordability, and a rare increase in available homes.David explains why this isn't a crash, but a shift toward semi-normal conditions — and how you can use this to your advantage. With most experts predicting 2–4% appreciation in 2025, smart buyers who act early can secure homes before the public catches on.This is part one of a three-part market update series designed to help you build a winning 2025–2026 strategy.Quote“For the first time in 17 years, inventory is actually improving — and that changes everything.”HighlightsWhy home prices are actually falling in many metros.The surprising percentage of listings with price cuts this summer.How builders are slashing prices and narrowing the gap with resale homes.What most experts really predict for home values in 2025.How first-time buyers can take advantage of this rare shift.Sources: Zillow, Redfin, Goldman Sachs, Housing Wire, Ris Media, US News, Bloomberg, The National Association of REALTORS®, Realtor.com, Homes.com, Zelman & Associates, Brian Buffini and other housing economists, The Mortgage Bankers Association, U.S. Census Bureau, Fannie Mae, Freddie Mac, financial Samurai, Moody's, Inman, US News, Apollo Global, Wells Fargo, and the National Association of Home Builders.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!This is one part of a 3 part series highlighting the most significant housing market shift since this podcast began in 2019. Check out the podcast library for the full series for a complete update.

Many home sellers are still sitting on strong equity, but that's not the case everywhere. A new Redfin analysis reveals nearly 6% of homes listed in May were at risk of selling at a loss—up from 4.4% last year. The risk climbs sharply for condos and homes bought after the pandemic, especially in markets like San Francisco and Austin. Nationwide, nearly one in three condos purchased post-2022 could sell below their original price. While losses remain rare compared to the aftermath of the Great Recession, today's buyers are gaining more leverage as sellers face pressure to adjust. Learn more about your ad choices. Visit megaphone.fm/adchoices

The housing market showed signs of life in July, with existing home sales increasing by 2% from the previous month. It's offering a bit of momentum to a market that’s been struggling. Geoff Bennett discussed the numbers with Daryl Fairweather, chief economist for the real estate company Redfin. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Home sales are falling apart at record levels. Roughly 58,000 purchase agreements were canceled in July, equal to 15.3% of all pending deals—the highest July rate since Redfin began tracking in 2017. Cancellations were most common in Texas and Florida, where abundant new construction, high insurance costs, and buyer uncertainty are giving would-be homeowners second thoughts. In San Antonio, nearly a quarter of all contracts fell through. Learn more about your ad choices. Visit megaphone.fm/adchoices

New this morning: CNBC's Sara Eisen details a letter written by the DOJ's Ed Martin, to Fed Chair Powell, suggesting the DOJ will investigate allegations of mortgage fraud against Fed Governor Lisa Cook. Then existing home sales jump 2% in July, defying expectations for a modest slump. The CEO of Redfin has more on what that means for buyer and sellers. Plus, President Trump urging pharmaceutical companies to produce drugs in the united states, or face a tariff. Now a new plant, five years in the making, appears to be opening at the perfect time. We take you inside the facility.

In this episode of the Real Estate Education Podcast, Erin Spradlin and James Carlson start with a deep dive into "canon events"—those formative moments that shape us—before tackling two controversial takes: why skipping deposits in midterm rentals is dangerous, and why young buyers using family money isn't something to be ashamed of. They get real about wealth transparency, the evolution of rental platforms, and why some trends in real estate are worth pushing back against.

In this conversation, Dr. Daryl Fairweather, chief economist at Redfin, discusses her book “Hate the Game,” that frames life and career decisions as strategic games. She emphasizes the importance of understanding economic principles to navigate personal and professional challenges, negotiate effectively, and reclaim agency in various aspects of life. Fairweather shares insights on overcoming barriers related to race and gender, the impact of information asymmetry, and the significance of designing one's own path in a competitive environment. The conversation highlights the necessity of introspection, strategic thinking, and the ability to adapt in a world that often feels rigged against certain individuals.Takeaways Life can be viewed as a game where strategic decisions matter. Negotiation requires awareness of both your and your employer's options. Workplace bullying can be addressed with strategic approaches. Information asymmetry can hinder career advancement; awareness is key. Barriers in academia can be overcome with strategy and support. Race and gender dynamics play a significant role in economic opportunities. Balancing strategic thinking with empathy is crucial for long-term success. You can still achieve your goals despite systemic unfairness.Chapters 00:00 Introduction to Economic Principles 03:57 Understanding Economic Cheat Codes 07:08 Navigating Career Options and Negotiations 09:39 Dealing with Workplace Dynamics 11:33 Information Asymmetry in Decision Making 14:02 Designing Your Own Game 15:06 Identity and Power in Economics 17:21 Overcoming Barriers in Economics 25:51 The Impact of Housing on Economic Understanding 30:38 Applying Economic Theory to Relationships 33:02 Winning in a Rigged Game 34:01 Life as a Game: Making Informed DecisionsFollow Daryl on Twitter, BlueSky, Instagram, LinkedIn and on her Website Subscribe to Breaking Math wherever you get your podcasts.Follow Breaking Math on Twitter, Instagram, LinkedIn, Website, YouTube, TikTokFollow Autumn on Twitter BlueSky, TikTok, and InstagramBecome a guest hereemail: breakingmathpodcast@gmail.com

Perception vs Reality in Real Estate

The U.S. housing market just hit its slowest pace in a decade, according to Redfin. Prices remain near record highs while mortgage rates and limited inventory are keeping buyers away. Families across the country are feeling the strain. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices

In this timely episode of Rethink Real Estate, host Ben Brady is joined by Mr. Tech himself—Tony Self, Broker Associate at Harcourts Hunter Mason Realty—to unpack the seismic shifts happening across real estate portals. With Rocket Mortgage acquiring Redfin, Zillow clashing with Compass, and Homes.com pouring billions into growth, the battle for consumer attention (and agent relevance) has never been louder.Tony brings a unique lens from his corporate background, having previously consulted for CoStar and other major players who once explored replacing real estate agents with technology. He shares why those efforts ultimately failed, how today's platforms are repositioning themselves, and what agents must understand about syndication, lead flow, and platform control to stay competitive.From Redfin's vertically integrated model with Rocket, to Compass's private listing network, to Zillow's war over MLS syndication rights, Ben and Tony break down the implications for everyday agents. They also discuss why Homes.com is attempting to replicate Australia's seller-paid marketing culture, and why it may (or may not) work in the U.S. residential landscape.Whether you're skeptical of portals or fully reliant on them for lead generation, this episode will give you clarity on the current battles, the hidden agendas, and the practical steps agents need to take to stay ahead in a marketplace being reshaped by tech, banks, and billion-dollar acquisitions.Timestamps & Key Topics[00:00:00] – Why Portals Are Dominating the Headlines in Real Estate[00:01:23] – Rocket Mortgage Acquires Redfin: What It Really Means[00:04:20] – Can Banks Finally Break Into Real Estate?[00:06:26] – Zillow vs. Compass: The Syndication Feud Explained[00:10:06] – Homes.com's Billion-Dollar Play & the “Australian Model”[00:13:25] – Why Agents Still Can't Be Replaced by Technology[00:17:42] – The Future of Portals, Brokerages, and Agent Relevance

Multifamily construction is slowing after the pandemic building boom—and it could shift the rental market back in landlords' favor. In this episode, we break down Redfin's latest analysis showing a 23% drop in permits nationwide, the metros still leading in new apartment construction, and the regions seeing the steepest declines. From Sun Belt hotspots like North Port and Austin to West Coast slowdowns in Stockton and San Jose, we'll explore what's driving the shift, how it's impacting rents, and where investors should be watching next. Read the Redfin report here: https://www.redfin.com/news/multifamily-building-permits-august-2025/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Buyer's agent commissions are climbing again—back to pre-settlement levels after a year of steady gains. In this episode, we break down Redfin's latest data showing the national average rising to 2.43% in Q2, with increases across every price tier. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Rust Belt is heating up while the Sun Belt cools down. In today's episode, we break down Redfin's latest metro-level housing market rankings, revealing that cities like Milwaukee, Chicago, and Philadelphia are outperforming the national market with rising sales and prices. Meanwhile, boomtowns like Las Vegas, Sacramento, and Miami are slowing fast as inventory surges and buyers gain leverage. Learn more about your ad choices. Visit megaphone.fm/adchoices

David Selinger (aka “Selly”) is the founder and CEO of Deep Sentinel, a security company blending AI with live human monitoring to stop crime in real time. From Amazon to Redfin to AI security, Dave Selinger has built a real-time protection system now scaling fast with $15M in Series B funding from top investors.In this episode, Selly breaks down how Deep Sentinel works—from crime prediction models and real-time police calls to training AI to spot danger before it happens. He explains how the company went from idea to reality, how it stacks up against traditional alarms, and why his military mentors shaped his leadership style.This isn't just about cameras. It's about making AI useful, delivering outcomes that matter, and building a team with zero tolerance for compromise. You'll also hear Selly's thoughts on parenting, college, career detours, and how early obsessions with tech led him from Stanford to Jeff Bezos's office to the front lines of crime prevention.Main Topics• How Deep Sentinel stops crime before it happens using AI and live guards• Why traditional alarm systems fail — and what real security should look like• Lessons from military mentors on leadership, discipline, and zero compromise• The challenge of scaling real-time protection for homes and businesses• How Selly's early work at Amazon (with Jeff Bezos) and Redfin shaped his tech mindset• Raising kids with curiosity, independence, and meaningful support• Why the future of security depends on speed, customization, and trustChapters with Timestamps:[00:00:00] Introduction and Initial Scenario[00:00:42] Podcasting and Audience Engagement[00:02:06] AI and Podcasting Insights[00:03:17] Real-Life Security Challenges[00:03:58] Deep Sentinel's Unique Approach[00:04:49] Customer Experiences and Success Stories[00:11:34] Public-Private Partnerships in Security[00:15:52] Advanced Security Solutions and AI Integration[00:27:45] Exploring Security Challenges and Solutions[00:29:27] Military Influence and No Compromise Mentality[00:33:35] Childhood Passions and Career Pathways[00:36:02] Parental Support and Personal Growth[00:41:43] College Education and Career Advice[00:48:14] Amazon Experience and Innovations[00:54:23] Founding Redfin and Its Impact[00:56:29] Deep Sentinel's Growth and FutureDeep SentinelWebsiteLinkedInYouTubeSeries B FundingRelated Episodes:Ankit Somani | From Google to Conifer: Rare-Earth-Free Motors, $20M Seed, and Rethinking CollegeHow AI Is Changing College Counseling and Admissions with Senan Khawaja, CEO of KollegioAI Content Detection & Digital Ethics with Madeleine LambertEntrepreneur Perspectives is produced by QuietLoud Studios — a modern media network and a KazSource brand.Get in touch with Eric Kasimov:XLinkedInCredits:Music by Jess & Ricky: SoundCloud

Mortgage rates just hit a 10-month low, giving buyers a brief window to increase their purchasing power—but that opportunity may not last. Meanwhile, in Washington, D.C., inventory is rising fast as former federal workers list their homes amid job cuts and economic uncertainty. In today's episode, we break down the latest housing data from Redfin, including how much more home buyers can now afford, where D.C. prices are falling, and why the clock might be ticking for anyone hoping to negotiate a deal. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Overview In this episode, John Kitchens sits down with powerhouse agent and bourbon enthusiast Stacey Lambright to explore how passion, community, and storytelling can unlock explosive real estate growth. Stacy shares the incredible journey of how a random bourbon closing gift spiraled into a full-blown niche, leading to a deeper community presence, charity impact, a YouTube show (Bourbon and Builds), and her best year in real estate yet. They unpack the power of relationships, how to turn a niche into a lead-generating machine, and why understanding lifetime value is the key to long-term growth. This episode is a must-listen for agents ready to go deeper, not wider, and who want to build a brand around what they love. Key Topics Covered Turning Passion Into Profit How a single bourbon gift led to a thriving real estate niche What makes the bourbon community a surprisingly rich sphere for real estate Using your interests to build trust, credibility, and lasting relationships Niching Down Without Limiting Growth Why “riches in the niches” starts with genuine enthusiasm, not strategy How to become the go-to agent in your passion-based community Blending lifestyle, content, and relationships for organic client growth Building a Brand with Bourbon & Builds Behind the scenes of Stacy's Bourbon and Builds YouTube series Connecting custom home builders with distillery storytelling How a builder + bourbon interview format bridges multiple audiences Relationship Marketing Done Right Why database management is still the holy grail of growth How one low-commission, 2%-fee deal turned into $1.5M in volume The importance of staying top of mind through social, events, and follow-up Leveraging Lead Sources Without Burnout Why Stacy said yes to every lead—no matter how small or far The 3-year snowball effect that turned Redfin and OpCity deals into a pipeline How to think beyond the referral fee and prioritize lifetime value Surviving Market Shifts Like a Pro Lessons learned from riding the market from 1997 to now How to educate sellers with real-time, hyper-local data Pricing strategies that work in today's evolving inventory landscape Elevating Listing Prep & Vendor Networks Getting sellers aligned with market expectations before going live Building a vetted contractor network for deferred maintenance and prep Creating win-win solutions with staging, painting, and fix-before-you-list services   Resources & Tools Mentioned Bourbon and Builds YouTube Series → Subscribe Here EXP Lead Programs: Redfin, OpCity, Veterans United National Women's Bourbon Council (Ohio Chapter) Custom CRM tips for long-term database nurture Charity Partnership: Leukemia & Lymphoma Society ($51K raised!) “Passion builds trust. When you show up consistently in a community you love, the business follows.” – John Kitchens Connect with Us: Instagram: @johnkitchenscoach LinkedIn: @johnkitchenscoach Facebook: @johnkitchenscoach   If you enjoyed this episode, be sure to subscribe and leave a review. Stay tuned for more insights and strategies from the top minds. See you next time!

Starter-home sales just hit a two-year high, rising 3.9% in June—even as sales in every other price tier declined. In this episode, we unpack Redfin's latest report on why entry-level homes are suddenly in demand, which metros are leading the charge, and what this trend means for buyers, sellers, and investors navigating today's high-rate housing market. Learn more about your ad choices. Visit megaphone.fm/adchoices

People sometimes cheat on their partner. Not everyone – but some do. This episode begins with some insight into one big reason that causes infidelity in a marriage or relationship. https://www.thoughtco.com/why-people-cheat-on-their-partners-3026688 We are surrounded by information on every topic you can imagine. The problem is that if you want to learn how to do something, you could spend an eternity learning and never get to the doing – because there is always more to learn. The solution to this is to learn less according to Pat Flynn. He is a leading serial entrepreneurs, online marketer and podcaster who has mastered the art of "lean learning" – to learn just enough. Pat joins me to explain how it works. Pat is author of the book Lean Learning: How to Achieve More by Learning Less (https://amzn.to/4jTHGol) and host of the podcast Smart Passive Income (https://www.smartpassiveincome.com/spi/). The world of economics may sound a bit academic but your whole life and the decisions you make are all about economics. And once you understand that, you can learn how things like game theory, uncertainty, overthinking and other economic principles can help you navigate life. Here to explain how to do that is Daryl Fairweather. She is chief economist at Redfin, where she analyzes US housing markets and consumer behavior as well as a member of the academic advisory council of the Federal Reserve Bank of Dallas and a former senior economist at Amazon. Daryl is author of the book, Hate the Game: Economic Cheat Codes for Life, Love, and Work (https://amzn.to/3ZyDbs0). Some people prefer to go barefoot – particularly in the summer. But there is a belief that it is illegal to go barefoot in certain public places or even to drive a car barefoot. Is it? Listen and discover the legal truth about going barefoot. http://www.thebarefootalliance.org/lawsregulations/ PLEASE SUPPORT OUR SPONSORS!!! MINT MOBILE: Get your summer savings and shop premium wireless plans at ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://MintMobile.com/something⁠⁠⁠⁠⁠⁠⁠⁠⁠ ! FACTOR: Factor meals arrive fresh and ready to eat, perfect for your summer lifestyle! Get 50% off at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://FactorMeals.com/something50off⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ROCKET MONEY: Cancel your unwanted subscriptions and reach your financial goals faster! Go to ⁠⁠⁠⁠⁠⁠https://RocketMoney.com/SOMETHING⁠⁠⁠⁠⁠⁠ QUINCE: Stick to the staples that last, with elevated essentials from Quince! Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://Quince.com/sysk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for free shipping on your order and 365 day returns! INDEED: Get a $75 sponsored job credit to get your jobs more visibility at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://Indeed.com/SOMETHING⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ right now! DELL: Introducing the new Dell AI PC . It's not just an AI computer, it's a computer built for AI to help do your busywork for you! Get a new Dell AI PC at⁠⁠ https://Dell.com/ai-pc⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

A woman is seven months pregnant on a transatlantic voyage in 1720, giving birth in the belly of a rat-infested ship — when suddenly, pirates attack. But instead of plundering, one pirate hears the newborn's cry and makes a deal: name the baby Mary, after his mother, and he'll spare the ship. That child would grow up to be Ocean Born Mary — a woman whose legend sparked centuries of ghost stories, folklore, and New England intrigue. Two hundred years later, colonial enthusiasts purchased a haunted home allegedly linked to Ocean Born Mary and created a paranormal tourist destination. We trace the line between fact and folklore: from Mary's miraculous birth to tales of haunted hallways, sword-wielding spirits, and a mysterious green silk dress. Possible treasure, paranormal hoaxes, a 1930s ghost tour hustle, and a visit from Ed and Lorraine Warren. Whether you're here for pirate drama, haunted house vibes, or historical folklore, this episode delivers a story that's as entertaining as it is creepy.