Real Estate Market Minute

Are Natural Disasters Impacting The U.S. Real Estate Market?

Hurricane’s Helene and Milton have ravished parts of the west coast, central Florida, and North Carolina. Other natural disasters like wildfires in California have also created havoc. Has this had an actual influence on the real estate market in these areas of the country? I dive into some thoughts and ideas when it comes to this and give you my personal point of view on the matter.

Which U.S. Metros Have Seen the Largest Decline in Monthly Mortgage Payments?

Several U.S. metros have seen significant declines from the spring with respect to how much it costs per month in housing payments. I go over which ones and what it will most likely mean for these local real estate markets going forward.

The FED Has Begun Their Rate Cutting Cycle

The Federal Reserve announced a 50 basis point rate cut decision on Wednesday, September 18th. How significant is this to mortgage rates and the housing market overall? I dive into the decision, what it means for rates and the real estate market going forward.

Asking Rent Prices Are Falling Dramatically in Some Cities

Rent prices are falling significantly year over year in some major U.S. cities. I go over which cities are getting hit the hardest and the 2 primary reasons why this is happening. Will it continue?

Are We Simply in a Balanced Real Estate Market?

With all the headlines it’s hard to understand what is really happening in the U.S. housing market. But what if we are just in a normal, balanced real estate market that sees no advantage to buyer or seller? I dive into this question, discuss what a balanced market means, and what I see going forward based on the latest data from the National Association of Realtors (NAR).

A New Trend Indicates Older Adults Are Sharing Housing More Than Ever

Retirement aged adults and even younger adults are sharing housing arrangements more than ever before due to rising mortgage, taxes, and insurance costs. What could this new trend known as “Boommates” mean for the housing market going forward and much more on today’s show.

Mortgage Payments Are Decreasing for the First Time Since 2020

According to Redfin the median monthly mortgage payment decreased year over year for the first time since 2020. This should have major implications on the housing market. I will discuss this and where mortgage rates are headed next.

Why is Buyer Demand Still So Low Even With Lower Rates?

Buyer demand continues to wane even though rates are lower and new listings and new construction homes are increasing. What is the problem and when will buyers start to come back?

Updated Housing Market Forecast for 2024

Experts weigh in on their latest forecasts for home values, the direction of mortgage rates, as well as the number of homes sold for the 2nd half of 2024. I run through their opinions as well as weigh in on what I think about all of it.

U.S. Renters Population Growing Faster Than Homeowners Population

The number of renter households is growing much faster than ever before as compared to homeowner households according to U.S. Census Bureau data. Should we expect this trend to continue? Also what should it mean for you as a real estate investor?