Byron Lazine and Nicole White discuss the Goldman Sachs prediction on falling home sales, the return of the 40-year fixed mortgage, California blackout risks, and Apple’s iPhone 14 event.

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This episode's sources:

https://www.inman.com/2022/09/01/home-sales-have-so-much-further-to-fall-in-2023-goldman-sachs-says/

https://www.inman.com/2022/09/02/newrez-returns-to-playbook-brings-back-40-year-fixed-rate-mortgage/

https://www.wsj.com/articles/california-blackout-risks-intensify-amid-soaring-temperatures-wildfires-11662404359

https://www.cnbc.com/2022/08/29/apple-iphone-14-event-preview-september-2022.html

Timestamps:

0:00–1:14 Intro

01:14: Topic 1 Goldman Sachs is not bullish.

07:40 They’re not expecting prices to drop…

14:56 Topic 2 The 40-year fixed rate mortgage is back!

18:20 Is the 40-year a good product, or should the mortgage be capped at 30 years?

23:10 Left, Middle, Right

23:17 California blackout risks intensify

21:12 Apple’s big iPhone 14 event

#housingmarket #housingcollapse #realestatepodcast