Real Estate Market Minute

Is April the Best Time to List Your Home for Sale?

According to realtor.com April is the best time to sell your home as buyer demand increases significantly during this time of year. I go over why they think that is and also I give you my opinion on if you should sell your home now or wait.

Baby Boomers Are Choosing to Not Sell and Age in Place

The Baby Boomer generation, which was once thought to bring a large supply of housing inventory to the market as they downsize and/or relocate closer to children and grandchildren, has decided not to comply. Instead, they are not selling their homes and deciding to age in place instead. A new Redfin study finds this trend is here and in my opinion could be here for a long time. I discuss this and the significant implication it could have on the future of the U.S. housing market.

Why Higher Mortgage Rates Limit Housing Supply

Some recent data shows just how many homeowners have a 30 year-fixed mortgage rate under 5%. The data is compelling and indicates several trends we should see in 2024 regarding the U.S. housing market.

Mortgage Demand Slows This Week

Demand for financing a home with a mortgage and refinancing existing mortgages both slowed over the past week according to The Mortgage Bankers Association’s (MBA’s) weekly reading. Does it mean the real estate market is in for a slow down? I think quite the opposite is coming and I explain why in today’s show.

A County Population Migration Study

The Census Bureau came out with their latest data on population and migration trends. On this show I reveal the top counties folks are moving into and the top counties folks are moving out of within the United States. These trends can indicate where housing demand will remain strong going forward.

The Latest Federal Reserve Interest Rate Decision

The Federal Reserve released their latest statement and Federal Reserve Chairman Jerome Powell spoke to the media afterwards. Today I discuss their latest decision, what it is significant, and what other clues we can ascertain from the media session as it relates to mortgage interest rates, the housing market, and the future of rates as well.

Homebuilder Sentiment and Confidence Highest Since Last July

The National Association of Homebuilders (NAHB) index rose to positive territory for the first time in nearly a year, signaling that Homebuilders are more confident than they have been since last July. I go over how this is a significant tell for the future of the housing market.

Cash is King in These U.S. Housing Markets

All-Cash buyers are now at the highest level in a decade. Why are there so many more cash buyers than ever before? I go over this, which metros in the U.S. saw the highest cash buyers, and what it means for these areas and their respective real estate markets going forward.

When Will Mortgage Rates Fall?

More data has come in suggesting where mortgage rates may trend in the coming months and 2024. I go over what one analyst thinks and why I think his prediction of the 30 year-fixed mortgage rate may be accurate, and what it should mean for the housing market and your investment thesis going forward.

Is the Rental Market Softening?

Rental Housing Economist Jay Parsons @jayparsons put out a tweet recently that explains why we should not just be looking at asking rents but in-place rents as well. What is the data telling us about the rental market? I go over the national rental market, discuss the hottest and coldest rental markets in the U.S. and explain why this is very important factor in determining the future of interest rates.