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House Prices Skyrocket To Record Highs!
In this episode, we dive into the latest data showing that home prices hit a record high in June, marking the most unaffordable housing market in history. With prices increasing 5.4% nationally compared to last year, many first-time and moderate-income buyers are being priced out of the market. We'll explore the factors driving this affordability crisis, including years of underbuilding, high mortgage rates, and the "golden handcuff" effect that’s limiting supply. Whether you’re a buyer, seller, or just interested in real estate trends, this episode provides crucial insights into the current housing market challenges.
#HousingCrisis
#RealEstateMarket
#HomeAffordability
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News and Commentary
https://nypost.com/2024/08/27/business/home-prices-hit-record-high-in-june-amid-high-mortgage-rates/
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Little Pink Houses For You And Me?v
In this video, we explore the bold decision of a Texas homeowner who painted his entire house pink, sparking controversy in his HOA-free neighborhood. We delve into the psychology behind such attention-grabbing choices and discuss how the desire for individuality and expression can influence homeowners to make unconventional decisions. Join us as we examine the impact on community dynamics, property values, and the broader trend of trying to stand out just to stand out.
#BoldHomeChoices #HomeDesignControversy #KeepAustinWeird
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https://x.com/PunkyCovfefe/status/1828269091804610581
News and Commentary
https://www.yahoo.com/lifestyle/dont-know-people-dont-like-says-texas-man-painted-entire-house-pink-013746804.html
https://www.the-sun.com/news/8515448/pink-dream-house-neighbors-mad-privacy-fence/
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NAR settlement goes into effect TOMORROW, Let's discuss!
The long awaited NAR settlement goes into effect tomorrow. We'll talk with Austin Whitt, a realtor out of Nashville, TN to get his thoughts on this upcoming deadline.
Austin can be found on X @AustinWhittRE
Austin can be found on the web @ https://austinwhittre.com/
Thanks for watching!
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It's been almost a week, let's look at the NAR Settlement!
It's been almost a week since the NAR settlement took effect. Are we starting to see themes? Anything good? Bad? Does it even matter? We're going to chat with Austin Whitt, a broker out of Nashville, TN to get his thoughts on he settlement X2
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National Association of Realtors Sued Again?
In this episode, we examine a significant new lawsuit filed by Michigan real estate professionals against the National Association of Realtors (NAR) and other local and state realtor organizations. The plaintiffs argue that mandatory membership in these organizations for access to the MLS constitutes an antitrust violation, claiming it results in economic coercion and unfair restraint on trade. Join us as we break down the details of the case, its potential implications for the real estate industry, and what it could mean for Realtors across the country.
#RealEstateLawsuit #NAR #Antitrust
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Actual Suit accessed here: https://t.co/xvbw8E9J5T
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Pull out 401k or let the house go into FORECLOSURE?
In this episode, John Schink of Deerwood Realty explores the difficult decision many Americans face: taking hardship withdrawals from their 401(k) plans to avoid foreclosure or letting the bank take the house. Despite a strong economy, many are financially stressed due to high housing costs and rising interest rates. We analyze the implications of these choices on long-term financial health and the broader economy.
#RetirementCrisis
#HousingMarket
#FinancialPlanning
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On the Twitter
https://x.com/StealthQE4/status/1807598870966206542
News and Commentary
https://www.marketwatch.com/story/hardship-withdrawals-from-401-k-plans-rocket-nearly-40-as-savers-fight-to-save-their-homes-720bb95f?mod=search_headline
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When Will The "Lock In" Effect End?
In this episode of Deerwood Realty, John explores the "housing market lock-in effect" and its far-reaching impacts on both current homeowners and aspiring buyers. According to Bank of America economists, the housing market will remain "stuck" until at least 2026, with home affordability unlikely to improve without a recession. We'll delve into the factors driving this phenomenon, from the pandemic-driven surge in housing demand to the ongoing challenges of high mortgage rates. Join us for a comprehensive analysis and practical advice for navigating these unprecedented times in real estate.
#HousingMarket2023
#MortgageLockIn
#RealEstateChallenges
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News and Commentary
https://nypost.com/2024/06/26/business/housing-market-wont-bounce-back-until-2026-economists-predict-heres-why/
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Testing out streaming, let's talk about some things
I've been gone a long time...too long! Want to set up streaming again so I am doing a test run today...Join Me!
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New Housing Affordability Index Just Dropped ... Thoughts?
In this episode of the Deerwood Realty Show, John dives into the challenges of buying a home in the current market using the new NBC News Home Buyer Index. We'll explore how factors like home prices, mortgage rates, availability, and economic conditions affect buyers across different regions. Is the new home buyer index of any value at all? Tune in to get John’s thoughts.
#HomeBuyerIndex #RealEstateTrends #HousingMarket
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News and Commentary
https://www.nbcnews.com/data-graphics/us-home-buyer-index-data-cost-availability-difficulty-rcna139257
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Mortgage Fraud Trap? How Serious?
In this episode of the Deerwood Realty Show, John delves into the high-profile case of former Baltimore City State's Attorney Marilyn Mosby and the methods used in mortgage fraud. We'll explore the broader implications for real estate and the legal system while discussing the ethical and philosophical questions surrounding such fraudulent activities.
#MortgageFraud #RealEstateEthics #LegalInsights
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https://x.com/cnnbrk/status/1793741176698200328
News and Commentary
https://www.cnn.com/2024/05/23/us/marilyn-mosby-baltimore-sentencing?Date=20240523&Profile=cnnbrk
https://www.justice.gov/usao-md/pr/federal-jury-convicts-former-baltimore-city-states-attorney-marilyn-mosby
https://www.wbaltv.com/article/marilyn-mosby-mortgage-fraud-trial-opening-statements/46486932
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Mortgage Fraud? How is that even possible?
In this episode, John dives into the recent DOJ charges against one of America's top loan officers for alleged mortgage fraud. We’ll examine the details of the case, discuss the broader implications for the real estate industry, and explore how prevalent mortgage fraud really is. As a real estate professional, I will share my perspective on the impact of such fraudulent activities and offer insights into protecting yourself and your clients from similar schemes.
#MortgageFraud #RealEstateInsights #DOJInvestigation
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https://x.com/dfwaaronlayman/status/1783325144980607308
https://www.housingwire.com/articles/doj-charges-one-of-americas-top-los-in-alleged-mortgage-fraud-scheme/
News and Commentary
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Quick Quiz: Uncover the Key Role of a Real Estate Agent! 🏠✨ #shorts
Dive into our latest quick quiz and discover the essential role of a real estate agent! Whether you're a real estate enthusiast, planning to buy or sell a home, or just love a good quiz, this YouTube short is perfect for you. Test your knowledge and learn something new as we explore the pivotal responsibilities of real estate agents. Don't forget to leave your answer in the comments and subscribe for more fun, informative quizzes!
Learn More Here!
https://www.deerwoodrealtystl.com/navigating-the-real-estate-commission-debate-a-perspective-for-stability-and-fairness/
#RealEstateQuiz #AgentRole #QuickQuiz #RealEstateFacts #PropertyGuru #HomeBuyingTips #AgentDuties #EducationalShorts #QuizTime #LearnRealEstate
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Real estate quiz time! What does this term mean? #shorts #realestate
Are you curious about the language used in real estate? In this quick and informative video, we'll explore the term 'inventory' and its significance in the real estate market. Understanding this concept can be crucial whether you're buying, selling, or just interested in the property market. Stay tuned as we break down what 'inventory' means in real estate and why it matters to you!"
#RealEstateBasics #RealEstateTerms #RealEstateInventory #PropertyMarket #HomeBuyingTips #RealEstateExplained #RealEstateEducation
Learn More Here!
https://www.deerwoodrealtystl.com/navigating-the-2024-st-louis-housing-market-insights-from-zillows-predictions
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New homeowners losing over $200 dollars a day?
In this episode, join John Schink of Deerwood Realty as we delve into the stark realities of the 2023 housing market. This detailed analysis covers the unprecedented decline in property values that's affecting both single-family homeowners and condo owners in major U.S. cities. We'll explore how cities like San Francisco and Memphis are coping with significant daily losses, the psychological and financial impact on recent buyers, and the broader implications for the real estate market.
This episode is essential for understanding the underlying causes of the property value decline and offers expert insights and advice for both current homeowners and prospective buyers. Whether you're navigating the challenges of a market downturn or considering entering the housing market, this episode provides valuable perspectives and guidance.
#RealEstateTrends, #HousingMarket2023, #PropertyValueInsights
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News and Commentary
https://www.point2homes.com/news/us-real-estate-news/2023-owners-hit-by-home-price-decline.html
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Why is it hard to get new housing built? #shorts #realestate
🏗️ Ever wondered why it's so tough to build new housing in many cities?
Learn more here
https://www.deerwoodrealtystl.com/questioning-the-fairness-of-tax-structures-in-real-estate-for-single-family-homeowners/
#HousingChallenges
#CityPlanning
#AffordableHousing
#UrbanDevelopment
#ZoningRegulations
#HousingBarriers
#RealEstateTrends
#BuildingNewHomes
#HousingCrisis
#LandScarcity
Unlocking House Hacking: What's It Really Used For? #shorts #realestatetrends
Ever heard of 'House Hacking' but not sure what it's all about? House hacking isn't just a buzzword – it's a strategic approach to real estate that can transform how you live and invest.
🏠 From reducing living expenses to generating income, find out the various uses of house hacking and how it can benefit you. Perfect for aspiring homeowners, real estate investors, or anyone curious about smart housing strategies.
Learn More Here!
https://www.deerwoodrealtystl.com/beyond-the-hype-unmasking-the-real-challenges-of-house-hacking-for-young-homeowners/
#HouseHackingExplained
#RealEstateTips
#InvestmentStrategies
#HomeownershipHacks
#PropertyInvesting
#RealEstateInvestment
#HousingSolutions
#SmartLiving
#FinancialFreedom
#RealEstateEducation
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Why are home sales declining? #shorts #housingmarket2023
"🏡 What's behind the downturn in 2023's home sales? Find out in this quick YouTube Short! 🌟 We explore the key factor that has significantly impacted home sales this year. Whether it's economic shifts, policy changes, or market trends, understanding this element is crucial for both buyers and sellers.
📈 Dive into the world of real estate and discover what's really happening in the 2023 housing market. Ideal for real estate enthusiasts, potential homebuyers, and investors seeking insights into current market dynamics.
👉 Stay up-to-date with the latest in real estate! Subscribe now for more content on housing trends, market analyses, and expert advice.
Learn more here!
https://www.deerwoodrealtystl.com/home-sales-plunge-to-historic-lows-amid-2023-market-turbulence/
#HousingMarket2023
#RealEstateTrends
#MarketInsights
#HomeSalesDecline
#PropertyMarket
#RealEstateAnalysis
#HousingTrends
#EconomicImpact
#RealEstateNews
#BuyingAndSelling
Prefab Housing Hype: So much FAIL?
Join John Schink of Deerwood Realty in this enlightening episode as we delve into the fascinating world of prefab and modular housing. Despite the promise of revolutionizing the construction industry, companies like Veev, a once-promising property technology startup, are facing closure. We explore the critical issues plaguing this sector, from the high transportation costs of materials to the misguided focus on tech and green features over affordability. Discover why these innovative ventures, despite substantial VC backing, struggle to deliver cost-effective, quality housing solutions. Is there a path forward for prefab housing, or is the industry's vision too far ahead of its time? Tune in to unravel the complexities of this modern housing dilemma.
#PrefabHomes #HousingIndustry #RealEstateInsights
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On the Twitter
https://twitter.com/NewsLambert/status/1728945032806486258
https://twitter.com/Cribdilla/status/1729149246534750436
https://twitter.com/Real__State/status/1729077388473221302
https://twitter.com/Camp4/status/1729150263196336491
News and Commentary
https://www.calcalistech.com/ctechnews/article/s1g004ylr6
https://www.veev.com/
https://www.boxabl.com/
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Other shoe drops? New home sales just did what?
In this episode, John Schink of Deerwood Realty takes a deep dive into the recent CNN report highlighting the significant drop in new home sales in October due to soaring mortgage rates. We'll explore what this means for the housing market, potential buyers, and the overall economy. Join us as we analyze the current trends, forecast future market movements, and provide insights for both buyers and sellers navigating these challenging times.
#RealEstateTrends #HousingMarket2023 #MortgageRatesImpact
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News and Commentary
https://www.cnn.com/2023/11/27/business/new-home-sales-drop-in-october-amid-higher-mortgage-rates/index.html
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Lower Mortgage Rates Decoded: What It Means for Homebuyers! #shorts #mortgageinsights
🌟 Dive into our latest YouTube Short to uncover what lower mortgage rates really mean for you as a homebuyer! 🏡 Are you wondering how falling mortgage rates can impact your home buying journey? Look no further!
📉 From making homes more affordable to influencing your buying power, discover the key benefits and considerations when mortgage rates dip. Whether you're a first-time buyer or looking to invest, this short will provide essential insights into navigating the housing market with ease.
👍 Hit subscribe for more insightful content on home buying, mortgage tips, and real estate trends! Stay ahead and make informed decisions with our expert insights. #HomeBuyingTips #RealEstateExplained
#MortgageInsights
#HomeBuyingTips
#RealEstateExplained
#HousingMarket
#MortgageRates
#FirstTimeHomeBuyer
#RealEstateAdvice
#PropertyInvestment
#FinancialPlanning
#MarketTrends
Learn more here!
https://www.deerwoodrealtystl.com/unlocking-your-dream-home-mortgage-rates-hit-two-month-low-amid-economic-waves/
St. Louis Rental Market #shorts #realestatemarket
Learn More Here!
https://www.deerwoodrealtystl.com/st-louis-housing-market-in-2023-a-close-look-at-the-numbers
#StLouisRentals2023
#StLouisRealEstate
#StLouisLeasePrices
#StLouisHousingMarket
#MissouriRentals
#StLouisApartments
#RentalsInStLouis
#StLouisLiving
#StLouisPropertyMarket
#StLouisEconomy
#RentalMarketTrends
#MidwestRentals
#RealEstateInsights
#StLouisHomes
#StLouisMarketUpdate
#RentalPricing2023
#StLouisNeighborhoods
#MissouriRealEstate
#StLouisHousingTrends
#October2023Rentals
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Thanksgiving Real Estate quiz! #shorts
Learn here about Ed the Thanksgiving Turkey :)
https://www.deerwoodrealtystl.com/ed-the-thanksgiving-turkeys-quest-for-home-a-feathered-adventure/
#thanksgiving #realestate #blessed
Reasons Why People Hate Real Estate Agents 001
In this eye-opening episode, John Schink of Deerwood Realty delves into a real-life scenario that reveals the darker side of real estate transactions. We unpack an astonishing story where ethics were sidelined by greed, resulting in a deal that fell apart spectacularly. As a dedicated real estate broker, John provides insider insights into the importance of ethical practices in real estate and how one agent's overreach led to a soured deal. This episode is a must-watch for anyone interested in the realities of real estate, the crucial role of integrity, and the impact of unethical behavior on the industry's reputation.
#RealEstateInsights
#EthicalBrokerage
#HomeBuyingTruths
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Drop me a line @ media@deerwoodrealtystl.com
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Bank of Mom and Dad: The New Real Estate Trend?
In this insightful episode, John Schink of Deerwood Realty delves into the emerging trend of homebuyers increasingly relying on their parents to enter the housing market. Amidst soaring prices and tightening credit conditions, we explore how the 'Bank of Mom and Dad' is becoming a crucial factor in home purchases. Join us as we analyze the implications of this trend on the real estate market and what it means for first-time buyers. Don't forget to like, share, and subscribe for more insightful real estate discussions and updates. #RealEstateTrends #HomeBuying #FamilyFinance
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News and Commentary
https://www.cnbc.com/2023/11/13/to-buy-a-home-in-this-market-buyers-turn-to-the-bank-of-mom-and-dad.html
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Government-Backed Office-to-Resi Conversions? Solution or Just More Problems?
Join John Schink of Deerwood Realty as he delves into the complexities of the government's latest initiative to accelerate office-to-residential conversions. In this episode, we explore the nuances and challenges of transforming office spaces into livable homes. While this initiative aims to address housing shortages, is it truly a seamless solution, or does it come with its own set of hurdles? We'll break down the key points from a recent article on The Real Deal, discussing the practicalities, potential issues, and the real impact on the housing market. Whether you're a real estate professional, investor, or simply interested in the future of urban development, this episode offers insightful perspectives on a topic that's reshaping our cities.
#OfficeToResi #HousingMarketTrends #RealEstateInsights
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News and Commentary
https://therealdeal.com/national/2023/10/27/white-house-to-finance-accelerate-office-to-resi-conversions/
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