this Week in Real Estate

Buyers moving in fear while NAR "volunteers" Party?!


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This week, we uncover the hottest stories shaping real estate trends across the country. Inside the National Realtors Group, reports of chauffeured cars and Broadway tickets are raising eyebrows—what does this mean for the industry's reputation? Despite higher interest rates, weekly mortgage demand ticked up, signaling renewed buyer activity. Could this be a sign of recovery?

We'll also explore the growing influence of safety, climate, and affordability concerns on the housing market. 18% of home hunters are moving due to safety or crime concerns, while 14% cite climate risks. Meanwhile, for the first time in a decade, homes in areas with low natural disaster risk are rising in value faster than those in high-risk zones.

In Florida, home sales are sinking amid hurricane recovery and soaring HOA and insurance costs, while U.S. home prices rose 0.5% in October, marking a full year of consistent growth. At the same time, affordability remains a crisis—nearly 25% of people earning under $50,000 have skipped meals to make housing payments.

On a brighter note, existing home sales posted their biggest increase in nearly three years, and home tours and mortgage locks are bouncing back post-election. Could this be the market's turning point? We'll also take a way-too-early look at what Trump's re-election could mean for housing and why 22% of Americans are more likely to move now that the election is over, with many considering a different country or state.

Finally, we dive into the phenomenon of 1 in 3 young adults still living with their parents—what does this mean for the housing market's future?

Join us today at 10 PST / 1 EST for sharp insights and candid conversation. Subscribe, hit the bell for notifications, and join the live discussion on Clubhouse!

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this Week in Real EstateBy Ray Ellen

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