This episode of Let’s Talk Housing features Steven Thomas of Reports On Housing breaking down the latest housing market trends following the Fourth of July holiday. The discussion covers the June jobs report, rising home flipping profits, record equity withdrawals, and whether today’s affordability challenges signal a true breaking point for housing. It also explains why the market remains frozen rather than crashing and what to watch as mortgage rates and the economy continue to evolve.Got questions? Drop them in the comments or email us at [email protected] for a chance to have them featured in a future episode!Time Stamps:

00:00-Introduction

00:59-Fourth of July Housing Update

02:49-Jobs Report Breakdown

05:21-Home Flipping Returns

07:06-Homeowners Tap More Equity

09:58-Housing's Breaking Point

13:20-Why Prices Remain Sticky

15:24-Conclusion