Open House with Pat Roach

45. Compass + Anywhere, Investor Ban, Rates Under 6%


Listen Later

Pat and Andres open with Hot Finds, then hit a packed news run: Compass completes its purchase of Anywhere Real Estate, debate over banning institutional homebuyers heats up, and 30-year mortgage rates briefly slip to 5.99%. The back half connects the dots on demand versus supply and explores “portable mortgages” as a way to free up move-up inventory without giving up ultra-low existing rates.

Hot Finds – [00:15:18]

  • Andres’ pick: HIPPEAS Flavored Blast Blazin’ Hot Chickpea Puffs — a “healthier Cheetos” with chickpea protein.

  • Pat’s pick: If I Had Legs, I’d Kick You (Rose Byrne) — intense, art-first film that lingers.

Rip From the Headlines – [00:27:08]

  • Compass completes acquisition of Anywhere Real Estate (Century 21, Coldwell Banker, Sotheby’s, Corcoran, ERA, BHG).

  • Ban on institutional single-family rental buyers? Legal questions and real market impact debated.

  • Rates under 6% (briefly): a dip to 5.99% tied to chatter about large MBS purchases.

Main Topic – [00:59:29]

  • Demand fixes versus supply reality: tools like retirement or 529 funds help buyers but not inventory.

  • Portable mortgages explained: carry a low-rate balance to the next home and finance the remainder at market rate.

  • Practical lens for agents: track whether policies boost buyers or boost listings, then adjust strategy and messaging.

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Open House with Pat RoachBy Pat Roach

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