Let's Talk Housing Episode 9: A Market Shake Up
Episode description
This exciting episode entails current market news and updates, potential fixes to the ongoing supply crisis, sidelined and cash buyers, the recent dip in mortgage rates, and affordability hitting a new low. Have questions? We're all ears! Share them in the comments or drop us an email at info@reportsonhousing.com for answers in upcoming episodes.
--
Time Stamps:
00:00-Introduction
03:18-New County Announcement
04:15-Current Market Update And News
07:25-A Market With Lower Rates
10:50-Winter Market With Lower Rates
12:33-Magic Mortgage Rate For Sidelined Buyers
13:53-Looming Housing-Market Recession?
15:37-Wave of Price Cuts?
17:22-Is The Fed Responsible For Our Current Housing Market?
21:51-Lag Effect With High Mortgage Rates
24:48-Fix To Our Supply Problem
27:51-$1 Million Home Tax Increase
30:28-Lowest Affordability Since 1984
32:36-Six Figures To Afford A Home!?
34:32-Housing "Cracks"
37:26-All Cash Buyers
39:11-Conclusion