In the ever-evolving landscape of the U.S. housing market, significant shifts are happening, and their implications are crucial to understand for both buyers and sellers. Join us in this episode as we delve into the latest data and trends affecting the real estate market. We’ll explore why available inventory of homes for sale is experiencing an unusual rise, what’s driving this demand-driven slowdown, and how it affects both buyers and sellers. Discover the impact of rising mortgage rates on new listings and pending-home sales, along with the consequences of weaker demand on pricing indicators like price reductions.

Continue reading The Surprising Rise In Home Inventory And Its Impact On U.S. Housing Trends at .

Discover the surprising drop in August’s pending home sales as we delve into the latest real estate market trends. With existing home sales at a low since 2010 and new home sales hitting a stumbling block, the sharp 7.1% MoM decline in pending sales paints a concerning picture for the housing market’s near future. Regional data reveals alarming statistics with the South and West posting significant declines. Experts weigh in on the necessity for increased housing inventory and better interest rates to rejuvenate the market.

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In today’s real estate-focused episode, we tackle the polarizing issue brought up by a homeowner who passionately urges her neighbors to stand united and not lower their home listing prices. Delving deep into the complexities of housing markets, community solidarity, and individual financial choices, we aim to shed light on both sides of the argument. While unity in upholding home values might seem beneficial on the surface, is it truly fair to restrict homeowners from making individual decisions?

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In the recent months, the U.S. housing market has been hit with an unforeseen curveball. Surging mortgage rates, now at a staggering 22-year high, have caused a significant and unexpected dip in new home sales for September 2023. This sudden downturn unveils the inherent vulnerabilities and uncertainties within our housing market’s framework. Join me as I dissect the latest numbers, expert commentary, and the possible future trajectories of the market. From the role of high mortgage rates to the strategies employed by homebuilders to entice potential buyers, we’re diving deep into the multifaceted reasons behind this decline.

Continue reading Unexpected Plunge in New Home Sales? 2023’s Surging Mortgage Rates Impact? at .

Diving deep into the current housing market dynamics, this episode explores the hidden supply of homes tied up in short-term rentals and single-family rentals. With home affordability at an all-time low, one has to question the landscape of true homeownership in today’s age. Can we bridge the widening gap between house prices and income? Is the essence of homeownership being redefined? Drawing from recent tweets by Lance Lambert and pivotal statistics, we dissect the undercurrents of the U.S.

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In a time when mortgage rates are soaring, John Schink, Founder of Deerwood Realty in St. Louis, Missouri, dives deep into a compelling Redfin article to understand the motivations behind current home-selling trends. Why are a surprising 1 in 10 homeowners choosing to move due to return-to-office mandates? What drives individuals to sell in such a high-rate environment? This episode not only unpacks Redfin’s intriguing data but also offers a holistic view of the current real estate landscape, from the pandemic’s lingering impact to the challenges and decisions homeowners face in today’s market.

Continue reading Why Are People Moving Now? Unraveling Home Selling in a High Rate Era at .

In today’s real estate landscape, few voices carry as much weight as Mohamed El-Erian, Chief Economic Advisor at Allianz. John Schink, Founder of Deerwood Realty in St. Louis, Missouri, unpacks El-Erian’s recent remarks on the profound effects of the Federal Reserve’s policies on the U.S. housing market. As we navigate a period of fluctuating mortgage rates and uncertain market dynamics, understanding the broader economic forces at play becomes crucial. In this video, we’ll explore the intricate ties between Fed decisions, global economic indicators, and their ripple effects on both homebuyers and sellers.

Continue reading Has the Fed Broken the Housing Market? Unpacking the Dual Impact on Demand & Supply at .

In this episode, we delve into the intriguing trend of limited refinances amidst climbing mortgage rates. What’s causing this unusual market behavior, and is this a pattern we’re seeing globally? Join John Schink from Deerwood Realty as we unpack these real estate puzzles.

From the startling 13% surge in refinance applications in a single week to the broader implications for the housing market, we’ll explore the factors at play. Why are applications still 29% lower than the previous year?

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Ever wondered what $500,000 gets you in St. Louis? Dive into this home tour with me, a seasoned buyer’s agent, as we discover a house that may tick the market price box but raises eyebrows in terms of real value. In a bustling real estate market, how do you discern price from value? Watch as my clients and I navigate this surprising find.

#StLouisRealEstate #HomeTour #ValueVsPrice

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Join John Schink of Deerwood Realty as he adadresses the latest shifts and updates surrounding the channel. From the challenges of daily streaming, navigating online negativity, to the intricacies of the #RealEstate market, gain an insider’s perspective into the world of housing and content creation. As we adapt and evolve, this is a candid look into the future direction of our content. Dive into concise insights, stay updated with #HousingMarket dynamics, and be a part of our journey as we venture into new avenues of #DigitalEngagement.

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