Special Livestream: the Time report article on Single Family homes why we can't have nice things

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First off: a welcome it’s great to be able to be with you today

“The single most important decision you make is where you live.

It drives your business opportunities, relationships, food and water supply, politics, activities, and day-to-day quality of life.” Naval

As I wake this morning, the following occurred
1. Dog woke me up last night with sounds of knocking on the door at 1:11 am
2. Friend is listing their house this week…not with me
3. A buyer didn’t get back to me overnight to confirm showings for this afternoon
4. Went on social media and noticed that a listing appointment I had ended up in a successful listing for someone else
5. House that I’ve had an appointment on for a week, showing cancelled for the SECOND time
Went to McDonalds and got an Egg McMuffin

Special livestream on the Time article “America needs to end it’s love affair with single family homes”

Google Trends has us learning about Prince William speaking out(50k searches)

30 year fixed mortgage rate came in at 5.43%

We will look at luxury homes in Virginia Beach, Virginia

A. First time homebuyers causing all the trouble in the housing market? I don’t think so but lets look.
B. What is an Appraisal Gap?

Sources:

https://www.hellomagazine.com/royalty/20220603141967/kate-middleton-prince-william-speak-out-end-of-day-one-jubilee-celebrations/

https://time.com/6183044/affordable-housing-single-family-homes-steamboat-springs

https://www.freddiemac.com/perspectives/sam-khater/first-time-homebuyers-are-driving-market-forward

https://www.ypn.realtor/the-lounge/prepare-clients-appraisal-gaps

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