Let's Talk Housing Episode 14: Facing Expectations
Episode description
This exciting episode entails current market news and updates, how we ended up with today's market, setting and facing proper expectations, mortgage rate movements, ADUs, and much more.
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Time Stamps:
00:00-Introduction
03:38-Current Market Update
08:37-YOY Statistics
10:52-Has The Luxury Market Changed?
13:01-Recent Mortgage Rates
17:55-Mortgage Applications Increase 9% WOW
19:49-Are Bidding Wars Back?
22:03-Airbnb Bust & Shadow Inventory
24:40-Rates During The Pandemic To Blame For Today?
27:16-Setting Proper Expectations
29:58-Facing Expectations
32:03-ADU's For Sale
34:13-Office Vacancies Reach Record High
37:17-Boomers With The Upper Hand
39:28-CaliforniaTax On People Leaving The State
41:09-Conclusion