Podcasts about us housing

Jason discusses the current state of the foreclosure market, and the importance of income property as a historically proven investment during times of economic uncertainty. He also presented a chart showing the percentage of loan balances that are 90 days or more delinquent by different loan types and discussed the evolution of automobiles and the current state of auto loans, mortgages, and student loans. Jason concluded by predicting a somewhat stagflationary real estate market and announced an upcoming masterclass and Empowered Investor Live event. Today's sponsor http://jasonhartman.com/connected offers real estate investors access to Connected Investors' PiN (Property Intelligence Network) software. This tool provides nationwide property data, including features like unlimited individual property skip tracing, comprehensive property reports, and a Contract Genie for generating legal documents. Subscription options are available on a monthly or annual basis, with the annual plan offering additional benefits such as a dedicated product specialist. The platform emphasizes its commitment to providing accurate, up-to-date information to assist investors in making informed decisions. Visit http://jasonhartman.com/connected today! Jason then talks about leveraging debt, particularly in real estate, to capitalize on inflation. Using borrowed money reduces risk and increases returns, especially when investing in appreciating assets. Jason highlights the "Great Inflation Payoff," where inflation effectively reduces loan balances over time. For example, a $950,000 loan, with 4% inflation, decreases to $912,000 in a year. He emphasizes borrowing over lending, as inflation erodes the value of future debt repayments. Tenant-financed debt, where renters cover mortgage payments, maximizes these benefits. #inflation #realestate #investing #leverage #debt #financialfreedom #wealthbuilding #passiveincome #financialplanning #mortgage #ROI Key Takeaways: Jason's editorial 1:29 Welcome to Medillin, Colombia 2:28 A very interesting theory about the FED and the economy 4:51 US Housing foreclosures by Quarter and the housing market 8:35 Percent of loan balances 90+ days delinquent, by loan type 9:28 CAAS- Cars As A Service 12:15 Mortgages, HELOC and student loans 14:38 Sponsor: JasonHartman.com/Connected 15:53  Get your tickets to https://empoweredinvestorlive.com/ Jason on Reducing Risk and Leveraging Debt 16:36 Introduction to Leverage and Inflation 19:09 The Great Inflation Payoff and Tenant-Backed Debt and Real Estate Investing 27:53 Constructive Debt vs. Destructive Debt, RV Ratio and Market Dynamics 30:29 Credit as an Asset, Three Stages of Debt Strategy 33:59 ROI, Return on Inflation and the Twofold Benefits of Inflation in Real Estate     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Links & ResourcesFollow us on social media for updates: ⁠Instagram⁠ | ⁠YouTube⁠Check out our recommended tool: ⁠Prop Stream⁠Thank you for tuning in! If you enjoyed this episode, please rate, follow, and review our podcast. Don't forget to share it with friends who might find it valuable. Stay connected for more insights in our next episode!

Send us a textDiscover the surprising shifts in the US housing market and uncover the potential $1.47 trillion climate risk lurking beneath the surface. As home prices continue their unpredictable dance, certain cities are feeling the heat, while others are basking in unexpected gains. From Tampa's downturn to Philadelphia's promising rise, we dissect Redfin's Home Price Index statistics, offering a clear perspective on where the market is headed. With homes lingering longer on the market and selling at discounts, we explore whether this is a temporary lull or a sign of what's to come.Economist Dave Burt joins us to share his insights on the long-term impacts of climate change on real estate values. Known for his prescient prediction of the 2008 mortgage crisis, Burt casts a sobering forecast on the future of at-risk properties. With insurance costs projected to skyrocket, we analyze what this means for homeowners across the nation, particularly in vulnerable regions like Texas and Florida. Historical examples such as Hurricane Sandy's effect on foreclosure rates paint a stark picture of the potential challenges ahead. Tune in to gain the knowledge you need to navigate these turbulent times in real estate.Support the showIntroducing the 60-Day Deal Finder!Visit: www.wealthyAF.aiUse the Coupon Code: WEALTHYAF for 20% off!

Zillow CEO, Jeremy Wacksman discusses company earnings and revenue growth from 2024 amidst a challenged U.S. housing market. He is joined by Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.

The US housing market has been through a lot, so what does this current chapter look like? We're going to be looking at several factors impacting the trajectory of the US housing market.Join the Live Q&A on Feb. 7 by becoming an Analyst member on Patreon here: https://www.patreon.com/PeterZeihanFull Newsletter: https://mailchi.mp/zeihan/whats-the-us-housing-market-doing

A Zillow report highlights Buffalo, New York, as the top US housing market for a second consecutive year, driven by job growth and a seller's market. The report also ranks other top ten markets based on factors such as home value growth and market velocity. Nationally, a steady rise in home values and sales is predicted for 2025, although inventory remains low. Differing demographic trends, such as ageing baby boomers and millennial homebuyers, are impacting the market. The overall picture suggests a complex and dynamic housing market with varying conditions across different US cities. Podcast created via AI

Could 2025 be the year the US housing market takes off? Experts are predicting a surprising 10.8% surge in home prices despite today's high rates and inventory challenges. What's fueling this unexpected growth, and how can investors position themselves to profit? Tune in as we unpack the trends, risks, and opportunities driving this potential housing boom! Links & Resources Follow us on social media for updates: ⁠Instagram⁠ | ⁠YouTube⁠ Check out our recommended tool: ⁠Prop Stream⁠ Thank you for tuning in! If you enjoyed this episode, please rate, follow, and review our podcast. Don't forget to share it with friends who might find it valuable. Stay connected for more insights in our next episode!

Housing affordability is a top concern for Americans and a hot political topic. Estimates for the number of needed homes stretch into the millions, but how is this actually counted? Today on the show, we explain the tricky business of quantifying the US housing shortage.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In last week's podcast we focused on the US and China following Donald Trump's win in the US presidential elections. This week we continue to discuss the implications of Trump 2.0 on other parts of the globe. Also on deck next week are US housing starts data, CPI prints in the UK and Japan, as well as Bank Indonesia likely again pausing amid external aftershocks from the US election. Chapters: US (02:03), Europe (07:54), Japan (12:31), Asia (17:53)

Could the combination of skyrocketing rates, labor shortages, and costly imports be the perfect storm to wreck the US housing market? In this episode, we break down the major factors reshaping real estate and examine how much longer buyers, sellers, and investors can weather the pressure. Tune in for expert insights on what's happening now—and what may be coming next. Links & Resources Follow us on social media for updates: ⁠Instagram⁠ | ⁠YouTube⁠ Check out our recommended tool: ⁠Prop Stream⁠ Thank you for tuning in! If you enjoyed this episode, please rate, follow, and review our podcast. Don't forget to share it with friends who might find it valuable. Stay connected for more insights in our next episode!

The US economy is humming, with GDP expected to grow at a healthy clip, unemployment low and inflation coming down closer to the Federal Reserve's 2 percent target. Yet polls have shown American voters are worried about the state of the economy, with home prices going through the roof. Both Kamala Harris and Donald Trump have promised to bring them down. Plus, Boeing workers are voting on a new wage offer, which could end their seven-week strike. 

Some have called this the weirdest housing market in recent history due to the unusual mix of high interest rates and declining affordability. And yet, we still have record high home prices across the 20 largest housing markets in the country. This month, we're diving into the U.S. housing market, a topic very relevant to many investors given a house is often the largest single asset one owns. In this episode, we're excited to shed light on the US housing market, what makes it challenging, what makes it unusual, and what needs to change for it to improve. We're joined by Preston Caldwell, Morningstar's Chief US Economist and Brian Bernard, Director of Equity Research specializing in the industrial sector, which includes homebuilders.

With mortgage rates projected to stay high, could 2025 be the year the US housing market collapses? In this episode, we dive into the potential fallout from rising rates, exploring how homebuyers, sellers, and investors might navigate a dramatically changing market. Tune in to discover what this could mean for the future of real estate—and if there's any way to avoid the impending crisis!

The US housing market is experiencing its worst year since 1995, with existing home sales hitting alarming lows. Join us as we break down the latest data from the National Association of Realtors and analyze why the market remains frozen despite declining mortgage rates. From qualified income requirements to insurance costs, we explore the multiple factors creating this historic housing slowdown. #HousingMarket #RealEstate #Economics #FinancialNews #MarketAnalysis #Investing -----------------------------------------------------------

President Joe Biden once again called for a ceasefire in Lebanon amid escalating Israeli attacks. We'll update you on the devastating toll of Hurricane Helene. Medical records for both vice presidential candidates were improperly accessed at the Department of Veterans Affairs. The US housing market is seeing its lowest turnover rate in at least 30 years. Plus, an NBA legend has died.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

The US housing market has been undergoing an unusual period. Various aspects of the sector have been found to be running at different speeds - with new builds selling at significant highs and older homes selling at record lows. Sam Dickie from Fisher Funds explains what's going on with the economy. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

While mortgage rates have come down, our Co-heads of Securitized Products Research say the US housing market still must solve its supply problem.----- Transcript -----Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, co-head of Securitized Products Research at Morgan Stanley.Jay Bacow: And I'm Jay Bacow, the other co-head of Securitize Products Research.Jim Egan: Along with my colleagues bringing you a variety of perspectives, today Jay and I are here to talk about the US housing and mortgage markets.It's Wednesday, August 28th, at 10 am in New York.Now, Jay, mortgage rates declined pretty sharply in the beginning of August. And if I take a little bit of a step back here; while rates have been volatile, to say the least, we're about 50 basis points lower than we were at the beginning of July, 80 basis points lower than the 2024 peak in April, and 135 basis points below cycle peaks back in October of 2023.Big picture. Declining mortgage rates -- what does that mean for mortgages?Jay Bacow: It means that more people are going to have the ability to refinance given the rally in mortgage rates that you described. But we have to be careful when we think about how many more people. We track the percentage of homeowners that have at least 25 basis points of incentive to refinance after accounting for things like low level pricing adjustments. That number is still less than 10 percent of the outstanding homeowners. So broadly speaking, most people are not going to refinance.Now, however, because of the rally that we've seen from the highs, if we look at the percentage of borrowers that took out a mortgage between six and 24 months ago -- which is really where the peak refinance activity happens -- over 30 percent of those borrowers have incentive to refinance.So recent homeowners, if you took your mortgage out not that long ago, you should take a look. You might have an opportunity to refinance. But, for most of the universe of homeowners in America that have much lower mortgage rates, they're not going to be refinancing.Jim Egan: Okay, what about convexity hedging? That's a term that tends to get thrown around a lot in periods of quick and sizable rate moves. What is convexity hedging and should we be concerned?Jay Bacow: Sure. So, because the homeowner in America has the option to refinance their mortgage whenever they want, the investor that owns that security is effectively short that option to the homeowner. And so, as rates rally, the homeowner is more likely to refinance. And what that means is that the duration -- the average life of that mortgage is outstanding -- is going to shorten up. And so, what that means is that if the investor wants to have the same amount of duration, as rates rally, they're going to need to add duration -- which isn't necessarily a good thing because they're going to be buying duration at lower yields and higher prices. And often when rates rally a lot, you will get the explanation that this is happening because of mortgage convexity hedging.Now, convexity hedging will happen more into a rally. But because so much of the universe has mortgages that were taken out in 2020 and 2021, we think realistically the real convexity risks are likely 150 basis points or so lower in rates.But Jim, we have had this rally in rates. We do have lower mortgage rates than we saw over the summer. What does that mean for affordability?Jim Egan: So, affordability is improving. Let's put numbers around what we're talking about. Mortgage rates are at approximately 6.5 percent today at the peak in the fourth quarter of last year, they were closer to 8 percent.Now, over the past few years, we've gotten to use the word unprecedented in the housing market, what feels like an unprecedented number of times. Well, the improvement in affordability that we'd experience if mortgage rates were to hold at these current levels has only happened a handful of times over the past 35 to 40 years. This part of it is by no means unprecedented.Jay Bacow: Alright, now we talked about mortgage rates coming down and that means more refi[nance] activity. But what does the improvement in mortgage rates do to purchase activity?Jim Egan: So that's a question that's coming up a lot in our investor discussions recently. And to begin to answer that question, we looked at those past handful of episodes. In the past, existing home sales almost always climb in the subsequent year and the subsequent two years following an improvement in affordability at the scale that we're witnessing right now.Jay Bacow: So, there's precedent for this unprecedented experienceJim Egan: There is. But there are also a number of differences between our current predicament and these historical examples that I'd say warrant examination. The first is inventory. We simply have never had so few homes for sale as we do right now. Especially when we're looking at those other periods of affordability improvement.And on the affordability front itself, despite the improvement that we've seen, affordability remains significantly more challenged than almost every other historical episode of the past 40 years, with the exception of 1985. Both of these facts are apparent in the lock in effect that you and I have discussed several times on this podcast in the past.Jay Bacow: All right. So just like we think we are a 150 basis points away from convexity hedging being an issue, we're still pretty far away from rates unlocking significant inventory. What does that mean for home sales?Jim Egan: So, the US housing market has a supply problem, not a demand problem. I want to caveat that. Everything is related in the US housing market. For instance, high mortgage rates that put pressure on affordability -- but they've also contributed to this lock-in effect that has led to historically low inventory.This lack of supply has kept home prices climbing, despite high mortgage rates, which is keeping affordability under pressure. So, when we say that housing has a supply problem, we're not dismissing the demand side of the equation; just acknowledging that the binding constraint in the current environment is supply.Jay Bacow: Alright, so if supply is the binding constraint, then what does that mean for sales?Jim Egan: As rates come down, inventory has been increasing. When combined with improvements in affordability, this should catalyze increased sales volumes in the coming year. But the confluence of inputs in the housing market today render the current environment unique from anything that we've experienced over the past few decades.Sales volumes should climb, but the path is unlikely to be linear and the total increase should be limited to call it the mid-single digit percentage point of over the coming year.Jay Bacow: Alright, and now lastly, Jim, home prices continue to set an all time high but there's the absolute level of prices and the pace of home price appreciation. What do you think is going to happen?Jim Egan: We're on the record that this increased supply, even if it's only at the margins, and even if we're close to historic lows, should slow down the pace of home price appreciation. We've begun to see that year-over-year home price growth has come down from 6.5 percent to 5.9 percent over the past three months. We think it will continue to come down, finishing the year at +2 percent.Jay Bacow: Alright, Jim, thanks for those thoughts. And to our listeners, thank you for listening.If you enjoy the podcast, please leave a review wherever you listen, and share Thoughts on the Market with a friend or colleague today.

In this explosive episode, we delve into the critical mistakes and policies that could rapidly bring the US housing market to its knees. What actions could trigger a sudden collapse, and what can be done to prevent it? Links & Resources Follow us on social media for updates: ⁠Instagram⁠ | ⁠YouTube⁠ Check out our recommended tool: ⁠Prop Stream⁠ Thank you for tuning in! If you enjoyed this episode, please rate, follow, and review our podcast. Don't forget to share it with friends who might find it valuable. Stay connected for more insights in our next episode!

Are you looking to buy or sell a home? Have you recently purchased a home and are hoping for a drop in interest rates? Will home prices go down? Rob West drops in for a sobering discussion on home affordability with tips on how to navigate the current housing market and do so with peace of mind. Rob shares tips on when to refinance and how to become a homeowner without overextending your budget. Before you jump in or out of the housing market, catch Rob’s expert advice and wisdom on Mornings with Seth and Deb.See omnystudio.com/listener for privacy information.

The rise in unused office space has triggered suggestions about converting commercial real estate into residential buildings. But our US Real Estate Research analyst lists three major challenges.----- Transcript -----Welcome to Thoughts on the Market. I'm Adam Kramer, from the Morgan Stanley U.S. Real Estate Research team. Along with my colleagues bringing you a variety of perspectives, today I'll discuss a hot real estate topic. Whether the surplus of vacant office space offers a logical solution to the national housing shortage.It's Wednesday, August 14, at 10am in New York.Sitting here in Morgan Stanley's office at 1585 Broadway, Times Square is bustling and New York seems to have recovered from COVID and then some. But the reality inside buildings is a little bit different. On the one hand, 14 percent of U.S. office space is sitting unused. Our analysis shows a permanent impairment in office demand of roughly 25 percent compared to pre-COVID. And on the other hand, we have a national housing shortage of up to 6 million units. So why not simply remove obsolete lower-quality office stock and replace it with much-needed housing? On the surface, the idea of office-to-residential conversion sounds compelling. It could revitalize struggling downtown areas, creating a virtuous cycle that can lead to increased local tax revenues, foot traffic, retail demand and tourism.But is it feasible?We think conversions face at least three significant challenges. First, are the economics of conversion. In order for conversions to make sense, we would need to see office rents decline or apartment rents rise materially – which is unlikely in the next 1-2 years given the supply dynamics — and office values and conversion costs would need to decline materially. Investors can acquire or develop a multifamily property at roughly $600 per square foot. Alternatively, they can acquire and convert an existing office building for a total cost of nearly $700 per square foot, on average. The bottom line is that total conversion costs are higher than acquisition or ground-up development, with more complexity involved as well. The second big challenge is the quality of the buildings themselves. Numerous elements of the physical building impact conversion feasibility. For example, location relative to transit and amenities. Buildings in suboptimal locations are unlikely to be considered. Whether the office asset is vacant or not is also a factor. Office leases are typically longer duration, and a building needs to be close to or fully vacant for a full conversion. And lastly, physical attributes such as architecture, floor-plate depth, windows placement, among others. And finally, regulation presents a third major hurdle. Zoning and building code requirements differ from city to city and can add substantive time, cost, complexity, and limitations to any conversion project. That said, governments are in a unique position to encourage conversions — for example, via tax incentives – and literally remake cities short on affordable housing but with excess, underutilized office space.We have looked at conversion opportunities in three key markets: New York, San Francisco, and Washington, D.C. In Manhattan, active office to residential conversions have been concentrated in the Financial District, and we think this trend will continue. We also see the East Side of Manhattan as a uniquely untapped opportunity for future conversions, given higher vacancy today. This would shift existing East Side office tenants to other locations, boosting demand in higher-quality office neighborhoods like Park Avenue and Grand Central.In San Francisco, we are concerned about other types of real estate properties beyond just office. Retail, multifamily, and lodging in the downtown area are taking longer to recover post-COVID, and we think this will limit conversions in the market. And finally, in Washington, D.C. we think conversion would work best for older, Class B/C office buildings on the edges of pre-existing residential areas. In these three markets, and others, conversions could work in specific instances, with specific buildings in specific sub-markets. But on a national basis, the economic and logistic challenges of wide-scale conversions make this an unlikely solution.Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

Get the latest statistics on the US Housing Market whether you're looking to buy a house, sell a house or you're a real estate agent, Bryan and Brandon give you the latest statistics about average home prices, days on the market, home inventory levels and more.

The US is falling behind in its race to build enough homes to meet the demand. Zillow just released a report that shows the housing gap is getting worse despite a pandemic-era building  boom. And it's this gap in housing supply that is driving up prices and intensifying the affordability crisis.   Hi I'm Kathy Fettke and this is the Real Estate News for Investors. You can provide rental housing for someone who can't buy a home as a real estate investor. Find out about build-to-rent opportunities in Jacksonville and Central Florida during our webinar on June 25th at newsforinvestors.com. Login in to our investor portal as a RealWealth member to sign up for the webinar. Both the membership and the webinar are free. Please remember to subscribe to the podcast, and we'd really appreciate a 5-star review! It helps us rank and get our message out to more people...   References:   1 - https://zillow.mediaroom.com/2024-06-18-The-U-S-is-now-short-4-5-million-homes-as-the-housing-deficit-grows   Links: ~~~~ JOIN RealWealth® FOR FREE

GOOD EVENING: The show begins tonight in the US housing market where gloom and patience are commonplace. To Georgia for the presidential debate. To Tehran for the vote. To Berlin, to Paris, to Kyiv, Rome, Budapest. To Kiel, Germany, to the Arctic Ocean. To Izmir, Turkey, to Nairobi, Kenya. To Pyongyang, to London. 1922 Prince of Wales in India

The long tail of the Great Recession and the aftermath of the pandemic have resulted in a major housing affordability crisis in the US — and it's hitting everyone from homeowners to renters. Today, Big Take DC host Saleha Mohsin digs into how we got here and whose problem it is to fix. She's joined by Shaun Donovan, the secretary of Housing and Urban Development during the fallout of the 2008 financial crisis, and by Daryl Fairweather, a chief economist at Redfin. Read more: Mortgages Stuck Around 7% Force Rapid Rethink of American DreamSee omnystudio.com/listener for privacy information.

Suzanne Andresen is the President and CRO of REI Ink, a leading real estate publication in the US and one of Uncontested Investing's biggest partners in the real estate space. She is on the show today to give a little bit of her insights on the challenges of the housing market and what solutions we can provide as real estate investors.    Listen now to learn more about REI Ink, how they are helping real estate investors move forward in different market conditions, and why Suzanne is passionate about educating people about the real estate investing space!   Key Talking Points of the Episode   00:00 Introduction 01:23 What is causing the housing shortage in the US today? 02:31 How can the government help more people acquire homes? 06:37 How has REI Ink grown through the years? 08:54 What kind of impact has REI Ink had on real estate investors across the country? 09:43 What challenges does REI Ink face with a fully virtual structure? 11:19 How has Suzanne adjusted to being the president of REI Ink? 13:09 What is the biggest thing that can help investors succeed in real estate? 15:40 Why is it important to establish boundaries as you build your real estate portfolio? 17:59 How can your due diligence impact the success of your investment? 20:06 What is the best way to deal with deadlines? 22:58 What is the biggest deal maker or deal breaker in real estate? 25:02 Why is communication such an important factor in real estate investing? 27:05 How important is networking in real estate investing? 29:47 What is Suzanne passionate about outside of real estate? Quotables   “To me, it's easier to answer a need in the moment than showing up on Monday and having 15, now significant needs, that require time.”   “Don't extend yourself, don't go out on a whim and think you can make it work. Make sure it works based upon the information and the due diligence you do behind that is paramount.”    “There's a lot of information and new stuff for you to understand how to make your investment shine and make it a long term engagement for whatever the next step is.”   Links   Website: RCN Capital https://www.rcncapital.com/podcast    Instagram: RCN Capital https://www.instagram.com/rcn_capital/   Website: REI INK https://rei-ink.com/ 

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Companies have responded to weather-related losses and higher reconstruction costs with sharp increases in premiums and tighter policy terms, and some have exited high-risk regions.Speakers: Evelyn Ocas Salazar, AVP Analyst, Moody's RatingsHost: Danielle Reed, VP – Senior Research Writer, Moody's RatingsRelated Research:Property & Casualty Insurance – US: Homeowners insurers aim to boost profits as weather-related losses, inflation take toll

A landmark settlement with the National Association of Realtors will change the way brokers are paid commissions. How would this affect people looking to buy or sell homes? Our co-heads of Securitized Products Research discuss.----- Transcript -----James Egan: Welcome to Thoughts on the Market. I'm Jim Egan, co-head of Securitized Products Research at Morgan Stanley.Jay Bacow: And I'm Jay Bacow, the other co-head of Securitized Products Research.James Egan: And on this episode of the podcast, we'll be discussing some proposed changes to the US housing market. It's Thursday, March 28th, at 1pm in New York.Jay Bacow: Jim, two weeks ago, the National Association of Realtors (NAR) settled a case that could fundamentally change how commissions are paid to brokers. Acknowledging that there's a few months until this is all going to get approved, it looks like sellers are no longer going to have to compensate buyers' agents. Which means that the closing cost that sellers have to pay is going to come down from the current 5 to 6 per cent to brokers to something more in the context of 3.5 to 4 percent -- based on estimates from many economists. What does this mean for the housing market?James Egan: So, this is certainly a settlement worth paying attention to.There are a lot of moving pieces here, but some of our first thoughts. Look, if we're lowering the ultimate transaction costs when it comes to selling homes, we do think that -- all else equal and probably a little bit more into the future -- it's going to lead to a higher volume of transactions. Or a higher level of turnover in the housing market.Now sellers no longer having to compensate buyers' agents. That becoming something that buyers will need to do -- that could, at least from a perception perspective, increase the cost for buyers at a place, where we're already at one of our least affordable points in several decades. So, when we think about an increased level of transaction volumes; if that means, especially in the near term, or especially where we are right now, a little bit of an increase in for-sale inventory, combined with some of the affordability issues -- maybe it weighs a little bit on home prices. But our bottom line here is we think from a home price perspective, largely unchanged here. From a transaction volume perspective, all else equal, you could see a little bit of a pickup.Jay Bacow: All right. But Jim, haven't you been calling for some of the story already with increased housing activity, causing home prices to end 2024 slightly below 2023. Does this then change the narrative at all?James Egan: No, I don't think this changes the narrative. If we go back into that call just a little bit, our call for the marginal decrease in year over year home price growth was driven by growth in for-sale inventory this year. We're seeing that steady growth in existing listings over the past couple of months.Now, the most recent housing start print was also positive from this perspective. Single unit housing starts were up for the eighth month in a row and have now increased 11 per cent from their local lows, which were in June of 2023. I think it's also worth pointing out over that same time frame, five plus unit starts, multi-unit housing, they're down in almost every single one of those months -- all but one of them. And they're down 19 per cent from that same month, June of 2023. But that's probably something for another podcast.Jay Bacow Alright. Well, I think there's two more things we should include in this podcast. First, this settlement isn't the only factor that could increase housing activity. Recently, around the State of the Union [address], President Biden announced a number of plans that could also contribute.Now, some of them require congressional approval, including a $10,000 middle-income first-time homebuyer tax credit. And then a separate $10,000 tax credit to middle class families that would sell their home below the median income in the county to help account for some of these lock-in effects that you mentioned.Jay Bacow: However, he also announced a pilot program that would eliminate total insurance fees for some low-risk refinance transactions. And that one doesn't require congressional approval; it's getting put in place as we speak, and that would save homeowners about $750 in closing costs on a refinance.James Egan: Interesting. So, if I'm hearing you correctly, the ones that would require congressional approval, they're more on the -- what we would call housing activity side: sales, purchase volumes. Whereas the one that didn't was on the refinance side. Now, presumably there's not much refinance activity going on right now.Jay Bacow: That's a correct presumption. Right now, we estimate that only about 3 per cent of homeowners have a critical incentive to refinance 25 basis points versus a prevailing mortgage rate. So, this is going to matter a lot more if we rally in rates. Realistically, we think we need a mortgage rate to get closer to 5 per cent than the current level for this to really matter.But I imagine that's probably a similar case with the NAR settlement as well.James Egan: Exactly. And that's why I made a point to say, all else equal, we think this is going to lead to a higher volume of transactions or a higher turnover rate in the housing market. It's because of that lock-in effect. Right now, so much of the homeowning distribution is well below the prevailing mortgage rate, that any real impacts of this we think are just going to be on the margins.Jay Bacow: Alright, so there's a lot of changes are coming to the housing market. They're likely to impact the market more if rates rally and are more of the back half of the year, next year event than this summer.Jim, thanks for taking the time to talk.James Egan: Great speaking with you, Jay.Jay Bacow: And thanks for listening.If you enjoy Thoughts on the Market, please leave us a review wherever you listen, and share the podcast with a friend or colleague today.

High mortgage rates and a limited supply of homes have created one of the tightest markets in decades. Goldman Sachs Research's Roger Ashworth explains the supply-and-demand dynamics that are shaping the US housing market and the outlook for 2024.

The high demand and low supply of housing in the United States has driven the costs up, but will that increase continue? Del Walmsley responds to an article asking if the US housing shortage will get worse and what to expect from the real estate market in the future. Click to Listen Now

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Jan 19, 2024 – After this week's market wrap-up, Financial Sense Newshour speaks with Oppenheimer's Ari Wald about their 2024 outlook for the stock market, technology stocks, and the overall investment environment for this year...

The current housing market landscape consists of home prices consistently climbing, high mortgage interest rates, and an overall cooldown. Everyone is speculating about an impending market crash. But is there actually data to suggest an impending crash? That's what we're going to talk about on today's show! On this episode of Investing in Real Estate, we're going to dive into the likelihood of a housing market crash this year. I'm sharing the two main reasons why I don't believe there's a crash in the future, and the dangers of trying to time the market. Click play to learn more!

Junior Podcast Editor, Gabriel Taylor (MPP ‘24) chats with Richard Kahlenberg, Author of “Excluded: How Snob Zoning, NIMBYism, and Class Bias Build the Walls We Don't See” to discuss the US housing crisis, it's causes, and what we might do to solve it.

National Association of Homebuilders CEO Jim Tobin discusses how the industry will start to meet demand next year despite continuing headwinds like outsize housing demand and ongoing labor shortages. He speaks with Bloomberg's Romaine Bostick and Scarlet Fu.  See omnystudio.com/listener for privacy information.

Greg Lippmann is the Managing Founding Partner and the Chief Investment Officer of the $9.8bn asset management firm, LibreMax. Prior to founding LibreMax, Greg was head of all non-agency RMBS, ABS, and CDO trading globally at Deutsche Bank. His prescient call on the subprime crisis was immortalized in the book and film The Big Short. In the film, Greg is played by Ryan Gosling. In this podcast we discuss: what led Greg to believe there would be a subprime crisis, thinking about convex trades, launching LibreMax, and much more.   Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

In an in-depth new report, DICK BOVE sees the makings of a US housing bust. The latest data from the National Association of Realtors shows the pace of home sales plunged to its lowest level in more than 13 years in October, with an uptick in the median home prices. High mortgage rates are cited for the tightening conditions, falling home sales and reduced inventory. BOVE looks beyond the latest malaise. Housing unit growth now exceeds the growth in the US population, he says. Moreover, the money supply that funded growth is now declining. "I think we're headed for a peak in housing activity," according to BOVE, chief financial strategist at ODEON CAPITAL GROUP. "You'll see a decline in housing activity; you'll see a decline in production, housing prices are going to come down. There's going to be loan losses." Meanwhile, the pace of inflation is slowing with a range of commodity prices in sharp decline. Some retailers see a period of deflation. US government data shows, nonetheless, steady if not strong consumer purchasing activity. Consumers are enjoying the "wealth effect" of a rising stock market, with growing home equity fuelling a feel good spending climate, according to MAT VAN ALSTYNE, ODEON co-founder and managing partner. BOVE also discusses developments in the bank sector, from layoffs at Citi to the constraints of new banking regulations. Joining the CONVERSATIONS is our host, JOHN AIDAN BYRNE. Questions & Comments: Podcast@odeoncap.com

Chuck Zodda and Mike Armstrong chat with Mike Simonsen, Altos Research, about the current state of the housing market and how the market can get out of the mess that has been made. The IRS announces 2024 retirement account contribution limits. Peloton gives mixed picture of growth with prospects looking up.

Are you ready to deconstruct the enigma of rapidly escalating mortgage rates and their impact on the US housing market? We've rolled out the red carpet for our esteemed guest, Len Kiefer, Deputy Chief Economist at Freddie Mac, who brings a wealth of insight to elucidate this multifaceted issue. We're going to scrutinize the explosive pace of this rate surge, an event unparalleled in modern US history. Alongside, we will be probing into its ramifications on home sales, and the potential strain it might put on consumers who are already grappling with existing debts.The discussion expands to include a comparative study between the current lock-in effect of mortgage rates and the scenario in the 1980s. We'll illuminate the influence of Airbnb-like properties and talk about the effects of the reduced homebuilding activity post 2008. Delving into demographic dynamics, we explore how the millennial population is shaping the housing market and ponder on the potential challenges that could stem from an upswing in bank lending.We end by casting a lens on the nationwide housing shortage, scrutinizing its roots in supply-demand dynamics and vacancy rates. With the help of Census data and demographic factors such as age, education, and income, we'll make an educated guess about the long-term housing demand. We'll tackle the influence of second homes, naturally vacant housing, short-term rentals, and investors on the housing market, and discuss how the shift towards remote work and the inversion of the yield curve might impact the future housing scenario. So, gear up for an enlightening discussion that's backed with data and brimming with insights about the US housing market and the mortgage industry.ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at https://theleadlag.report/leadlaglive and get 30% off as a podcast listener.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

What does China's Economic collapse have to do with the US Housing Market? How could two companies single-handedly cause the downturn of one of the largest economies in the world? And could there be even more to come from it? Welcome back to the iBuyer Experiment! Today, we introduce a new format for the podcast. Covering a range of subjects and introductions to new segments from each of our hosts. We cover a lot so stay tuned to discover how this could affect your business. _________________________________ Check us out on social media: Kala - https://linktr.ee/kalalaos Eliot - https://linktr.ee/eliottomaszewski/ Zoodealio - https://linktr.ee/zoodealio/ _________________________________ Check us out on Apple Podcasts & Spotify! Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846 Spotify - https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

Zero To Diamond is a social media platform and free coaching program for real estate agents Mission statement: To reduce the failure rate in the real estate industry one agent at a time 1,000's of agents worldwide have doubled and tripled their business I am here to help you so DM on IG anytime: rickycarruth Join the movement: https://zerotodiamond.com

John Rogers is the Chief Innovation Officer at CoreLogic, leading R&D on the biggest asset class in the world - the US Real Estate Economy, and driving new product development to market via an iconic property & location intelligence platform called Discovery. This platform allows clients that rely on data, insights, models and answers to drive growth or mitigate risk on their book of business. John asserts he's been fortunate to have worked in all 4 corners of the world leading large transformation projects in finance, retail, pharmaceuticals, logistics and airlines, including at IBM and British Airways. This episode is part of the Tangent @ Blueprint series. Blueprint is the most global event of Proptech innovators leading the charge in changing the built world in Las Vegas every September.(0:34) - Powering US Real Estate market(1:30) - Climate Risk Analytics for Housing ecosystem(4:28) - Truth data set(5:56) - Streamlining affordable housing development & collaboration(8:10) - Collaboration Superpower: Dr. Katherine Calvin at Chief Scientist at NASA

Episode 126: It's been a year since the Inflation Reduction Act has passed, and Neal and Toby discuss exactly what the bill has done with billions of investments into clean energy and jobs, and and what it is still expected to do. Plus, Argentina's insane interest rates and why Warren Buffett is going all in on the US housing market. Also, the makers of Bazooka bubblegum and the underwear brand 'Parade' were purchased for hundreds of millions of dollars. And finally, how the drought in the Panama Canal is impacting the global shipping industry and the Australian Supermarket poisonous mushroom mystery. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Listen to the Our Future Podcast Here: https://chartable.com/podcasts/our-future-looking-beyond-with-michael-sikand Learn more about your ad choices. Visit megaphone.fm/adchoices

Zero To Diamond is a social media platform and free coaching program for real estate agents Mission statement: To reduce the failure rate in the real estate industry one agent at a time 1,000's of agents worldwide have doubled and tripled their business I am here to help you so DM on IG anytime: rickycarruth Join the movement: https://zerotodiamond.com

Allison Schrager, Senior Fellow at the Manhattan Institute and Bloomberg News Real Estate Reporter Patrick Clark discuss how home prices in the US rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings. Michael Shvo, Founder and CEO of SHVO, shares his thoughts on the commercial real estate market, Bloomberg Technology Co-Host Ed Ludlow joins the conversation. And we Drive to the Close with Christopher Zook, CIO of CAZ Investments. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.See omnystudio.com/listener for privacy information.

Construction of new single family homes rose the fastest in 3 decades, but with borrowing costs surging, can home buyers afford them? Devina Gupta finds out what is behind the boost in house builds. We hear how Zoom is looking to change its strategy to beat so-called 'zoom fatigue'. And we go to Portugal which is becoming a hub for 'Digital Nomads', people who can live and work where they please.

Jun 16, 2023 – After this week's market wrap-up, Financial Sense Newshour speaks with David Keller at StockCharts.com about the AI FOMO (Fear of Missing Out) rally and what he's seeing after the big run in many tech names so far this year. Next...