Share E39: Economy Changes, Real Estate Volume, Inflation Over Unemployment, New Housing Market Weakness, Artificial Intelligence Emerging Applications, Global GDP Boost

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April 19, 2025

E39: Economy Changes, Real Estate Volume, Inflation Over Unemployment, New Housing Market Weakness, Artificial Intelligence Emerging Applications, Global GDP Boost

47 minutes

Is the economy softening? Mark and Jeff talk all things economy, including decreasing prices for events and lodging facilities. Will things get worse before they gets better? We've seen another real estate volume false start and Jerome Powell says the Fed will prioritize fighting inflation over unemployment, if necessary. DR Horton and KB Homes join in sharing data highlighting weakness in the new housing market. Additionally, Artificial Intelligence (AI) is emerging applications. One AI Guru suggests Artificial General Intelligence (AGI) will add 10-25 trillion dollars to the global gross domestic product (GDP), which is like adding the economies of Japan, Germany, South Korea, and India again to global GDP. Lastly, Mark and Jeff touch on how Homes.com is positioning opposite of Zillow and Red Fin.

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