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E33: Interest Rates Drop, Mortgage Applications on the Rise, Unfreezing of Housing Market, Artificial Intelligence in Real Estate
Mark and Jeff evaluate the 20% increase in mortgage applications week over week due to improved interest rates. They also discuss Scott Bessent's (President Trump's Treasury Secretary) prediction that the housing market will unfreeze. Of course, the progression of artificial intelligence can't be ignored. How will AI continue to impact the real estate market? Is agency more valuable than intelligence?
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By Market MovesMark and Jeff evaluate the 20% increase in mortgage applications week over week due to improved interest rates. They also discuss Scott Bessent's (President Trump's Treasury Secretary) prediction that the housing market will unfreeze. Of course, the progression of artificial intelligence can't be ignored. How will AI continue to impact the real estate market? Is agency more valuable than intelligence?