High Prices, No Buyers = Recipe for Housing Disaster?
Are we there yet? Are we heading into the housing crash that "everyone" has been warning about? Are economist right or wrong??
Today we dive into home price and what ever happen to the spring housing market? We talk about recent mortgage demand and how it responded to interest rates and why is "Drought = Stricken Phoenix" such a hot market for relocating?? PLUS Zillow has a ne AI Powered Super Listing tool and Chatbots are discriminating while Howard Hanna leaves the MLS.
Join the discussion with our special guest Rick Gonzalez and Rebekah Daniels!
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THE RUNDOWN
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0:00 - Intro & much maligned banter.
7:45 - Home prices rose for third straight month in April, S&P Case-Shiller index says
21:14 - Housing Market Update: The Spring Homebuying Season That Never Happened
22:53 - Mortgage demand grows, driven by sales of new homes
30:28 - Drought-Stricken Phoenix Is the Top Destination For Relocating Homebuyers
40:46 - Most Americans want to live in walkable communities, study shows
44:57 - Expert warns landlords over progressive policies allowing squatters wreak havoc: 'Law is not on your side'
47:50 - Zillow rolls out AI-powered 'super listing' tool
1:02:57 - Will chatbots make housing discrimination worse?
1:14:15 - Howard Hanna generates a stir with IDX departure
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-- SOURCED ARTICLES --
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* https://www.cnbc.com/2023/06/27/home-prices-rose-for-third-straight-month-in-april-sp-case-shiller.html
* https://www.redfin.com/news/housing-market-update-spring-homebuying-season-never-happened/ * https://www.cnbc.com/2023/06/22/home-sales-flat-may.html
* https://www.cnbc.com/2023/06/28/mortgage-demand-grows-driven-by-sales-of-new-homes.html
* https://www.redfin.com/news/housing-migration-trends-may-2023/
* https://www.realtrends.com/articles/americans-prefer-living-in-walkable-communities/
* https://www.foxbusiness.com/real-estate/expert-warns-landlords-progressive-policys-squatters-wreak-havoc-law-side
* https://www.inman.com/2023/06/27/zillow-rolls-out-ai-powered-super-listing-tool/ * https://www.realtrends.com/articles/showingtime-launches-ai-powered-listing-showcase-on-zillow/
* https://www.realtrends.com/articles/americans-prefer-living-in-walkable-communities/
* https://www.realtrends.com/articles/howard-hanna-generates-a-stir-with-idx-departure/
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