This exciting episode entails current market news and updates, how we ended up with today's market, setting and facing proper expectations, mortgage rate movements, ADUs, and much more.

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Time Stamps:

00:00-Introduction

03:38-Current Market Update

08:37-YOY Statistics

10:52-Has The Luxury Market Changed?

13:01-Recent Mortgage Rates

17:55-Mortgage Applications Increase 9% WOW

19:49-Are Bidding Wars Back?

22:03-Airbnb Bust & Shadow Inventory

24:40-Rates During The Pandemic To Blame For Today?

27:16-Setting Proper Expectations

29:58-Facing Expectations

32:03-ADU's For Sale

34:13-Office Vacancies Reach Record High

37:17-Boomers With The Upper Hand

39:28-CaliforniaTax On People Leaving The State

41:09-Conclusion