Real Estate Market Minute

Updated 2024 U.S. Housing Forecasts

Experts weigh in on the latest housing market forecasts. I go through it all and determine what it means going forward and why it makes quite a bit of sense going forward for the housing market’s next move.

What Should You Really Know About Where Home Values are Headed

According to recent data from Fannie Mae, almost 25% of people believe home values are going down. Why are so many people negative and bearish about the real estate market? I dive deep into why I think people think like this and is there any merit to their beliefs? The data never lies.

Rents are Stablizing But Are They Affordable?

Rent prices nationwide are finally finding their footing. The stabilized rental market showed a small increase year over year much more in line with the norm. But is it really still affordable? Today’s show looks at a major study of 100 metropolitan locations in the U.S. to determine where rents are and just what might happen from here on out.

March Existing Home Sales Show a Slowdown

March existing home sales drop although the median price of a home actually rose nationally. I go over the numbers and explain why I think existing homes are selling at a slower pace than a month ago and even a year ago.

The FED Just Told You Higher Rates for Longer

The Federal Reserver Chairman Jerome Powell confirmed what I’ve been speculating over the last few weeks; that interest rates will mostly likely remain higher for a long time. I go over what I think this higher rate environment will mean for the future of the housing market and what impact it may have to inventory and new construction as well.

The 14 Most Affordable U.S. States to Buy a Home

There are only 14 U.S. states where you can buy a home if you earn less than $75,000 in income per year. I reveal the list and explain why this statistic is so significant in a few different ways.

Are Higher Rates Actually Driving Inflation to Go Higher?

JP Morgan makes the case that higher interest rates are actually driving inflation even higher. I explain why they think this is the case and could it cause the Federal Reserve to pivot and lower interest rates sooner rather than later? Learn more at https://remarketminute.com

Interest Rates Shall Remain Higher for Longer

After the hot CPI print this morning, and more and more evidence the economy is strengthening, I am taking on a new stance when it comes to how many interest rate cuts we should expect from the Federal Reserve in 2024. Learn more at https://remarketminute.com

Residential Construction Hiring is Increasing Significantly

Hiring for residential construction jobs is reaccelerating at a rapid rate. We are seeing the highest number of jobs in this sector that we have not seen in a long time. Why is this happening and what does it say about what the homebuilders think about the future of the real estate market? I go into the numbers and tell you what it means for the housing market.

The NAR vs. Sitzer/Burnett Settlement Agreement

On March 15th, the National Association of Realtors (NAR) agreed to settle the Sitzer/Burnett case. The changes to the real estate industry are set to take effect in July 2024. I discuss what it means not just for the real estate industry but what it could also mean for the real estate market going forward.