Fed Rate Hike & 7 more stories about the Housing Market of Cards! Will it fall??
Tim Macy joins us on the show! This Week in Real Estate we cover the fed rate hike & 8 other stories you need to know! Join us as we delve into the impact of dwindling listings on skyrocketing home prices and discuss the potential implications of another Federal Reserve rate hike on the housing market. We'll also examine the recent dip in mortgage demand as bank failures loom and wealthy buyers face challenges. Discover the affordable alternatives drawing homebuyers to new metro areas and find out why 25% of homes in Austin and Seattle are more affordable than last year. Learn about the rollercoaster of home loans, the setbacks investors face with a shifting market, and how the lack of housing inventory is hindering sales. Plus, we'll touch on eXp World Holdings' efforts to maintain income gains despite year-over-year declines. Don't miss this comprehensive roundup of real estate news – subscribe and stay informed with "This Week in Real Estate!"
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THE RUNDOWN
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4:54 - Spring Market Sprung: Dwindling Listings Boost Home Prices
14:57 - Another rate hike on the way? Is the Fed increasing rates again?!
22:53 - Mortgage Demand Dips as Bank Failures Loom, Wealthy Buyers Feel the Heat
34:25 - Affordable Alternatives: High Housing Costs Push Buyers to New Metro Areas
42:39 - Roughly 1 in 4 Homes for Sale in Austin and Seattle Cost Less Than They Would Have a Year Ago
45:02 - Up, up, down, down, left, right, left, right, B, A and Start but it's for your home loan...
52:10 - "The House of Cards Tumbles: Investors Count Their Losses as the Market Shifts: Investors Lost Money Homes They Sold in March"
54:52 - "Lack of Housing Inventory Hinders Sales: Pending Home Sales Drop 5.2% in March"
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