By Kristina Smallhorn
The podcast currently has 86 episodes available.
TO HAVE YOUR QUESTION ANSWERED LIVE ON NEXT WEEK'S PODCAST, DIAL 888-255-0197!
Families are facing escalating housing costs, with the median family in the U.S. now needing 38% of their income to cover mortgage payments on a median-priced home, according to the National Association of Home Builders/Wells Fargo Cost of Housing Index. Low-income families fare worse, often spending up to 75% of their earnings. The burden is especially severe in coastal areas like California, where homeownership is often out of reach without a six-figure income. San Jose-Sunnyvale-Santa Clara, CA, leads as the most expensive market, with families needing 85% of their income for housing. In contrast, more affordable markets like Decatur, IL, and Cumberland, MD-WV, allow families to spend just 16-18% of their income on housing. These disparities highlight the growing challenges of housing affordability across the U.S.
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
PODCAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
TO HAVE YOUR QUESTION HEARD ON NEXT WEEK'S PODCAST, CALL 888-255-0197!
The fate of the housing market in 2025 appears to hinge on a continued period of mortgage interest rate stability, providing a more predictable environment for buyers and sellers alike. Mortgage rates are stabilizing following recent election results. Real estate experts suggest rates may remain in the 6% range into 2025, with volatility as the bond market reacts to economic policies. While presidents don’t directly influence mortgage rates, factors like Treasury yields and Federal Reserve policies play a key role. Buyers may benefit from less competition in winter, while sellers could leverage increased home equity, which reached $17.6 trillion in mid-2024, to make larger down payments and offset higher borrowing costs.
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
LIKE MY MUG Get It Here With Amazon Affiliate Link: https://amzn.to/46OZDhR
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
PODCAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS PODCAST. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
HAVE A QUESTION, WANT IT ANSWERED ON NEXT WEEKS PODCAST, CALL 888-255-0197!
This week, we elected a new president, and many are wondering how their tariff policies will affect the real estate market. A chief economist with Realtor.com, says it’s hard to predict. The main challenge is a shortage of up to 7.2 million homes, built up over the last decade. The new administration plans to reduce regulations, which could lower the cost of new homes and make more federal land available for housing. However, policies on tariffs and immigration could harm the housing market by reducing the labor needed for construction. While it may take time to fully see the effects, some areas might notice changes sooner, as 23% of people say politics influences where they choose to live. If you’re planning to move soon, here’s what you need to know about finding and buying a home.
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
PODCAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
Sales of existing homes hit a 14-year low last month despite lower mortgage rates, likely due to uncertainty around the upcoming election. September’s sales dropped 1% from August and are 3.5% lower than last year. Median home prices rose 3% to $404,500, marking 15 months of price increases. While more homes are available, first-time buyers face challenges, and cash sales are rising. Sales dropped in all regions except the West, and condos saw the biggest decline. Economists suggest buyers might be waiting for election results before making big decisions.
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
PODCAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
The U.S. housing market has generally seen rising property prices, but some areas, particularly in Texas, are now experiencing declines. Factors like buyer demand, supply, and economic conditions could lead to further drops in home values over the next year. For buyers, lower prices offer potential bargains, while sellers may want to act before values decrease further. Cities like Dallas, San Antonio, Austin, Phoenix, and Boise are highlighted for possible future declines, with Texas markets seeing the most notable shifts due to affordability concerns and high interest rates. Other states like Florida, California, and Washington could also see price drops due to oversupply, tax rates, and local economic changes.
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
PODCVAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
As fall approaches, homebuyers are finally seeing some relief in home prices, creating new opportunities in the housing market. While rising mortgage rates may still pose a challenge, the cooling demand has led to price adjustments, giving buyers a chance to secure better deals. In this video, we explore how the seasonal shift, combined with increasing interest rates, is impacting the real estate landscape, offering tips for buyers looking to navigate these changes and take advantage of this temporary market downturn. Don't miss out as we talk with Kyle Seagraves with "Win The House You Love" on how fall could be the perfect time to make your move!
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
PODCAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
Discover the secrets to save thousands when buying new construction homes with these insider tips and strategies. Learn how to negotiate with builders as Todd Sachs of Sachs Realty helps us understand which upgrades offer the best value, and leverage financing options to your advantage. This guide breaks down key steps to help you avoid common pitfalls and make informed decisions throughout the buying process. Whether you're a first-time homebuyer or an investor, these expert insights will empower you to maximize your savings and get the most out of your new construction purchase.
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
Homebuyers are gaining leverage in many U.S. housing markets as inventory rises and market conditions soften. Despite a 26% decrease in homes for sale nationally compared to 2019, active listings increased by 36% between August 2023 and August 2024, indicating a shift in market dynamics. This trend is most prominent in regions like the Sun Belt, where a concentration of new construction and affordability challenges have cooled the market, extending days on market and boosting active listings. According to ResiClub, areas where inventory has surpassed pre-pandemic levels, such as Tampa, New Orleans, Austin, Dallas, and Denver, are now becoming more favorable for buyers, with some even transitioning into buyer's markets.
** IF YOU HAVE A QUESTION FOR NEXT WEEK'S SHOW AND YOU WANT KRISTINA TO ANSWER IT, DIAL 1-888-255-0197. **
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
Mortgage rates are falling, and now the media is declaring that homes are becoming more affordable. With the Federal Reserve cutting interest rates for the first time in four years, mortgage rates are dropping closer to 6%, creating new opportunities for homebuyers. Lower rates mean reduced monthly payments, making homeownership more accessible for many. Refinancing activity is also picking up, as homeowners look to take advantage of the lower rates. However, despite the optimism, potential buyers should be cautious of rising property taxes, insurance costs, and high home prices in certain markets, which may still pose challenges to affordability.
TO ASK A QUESTION ON THE SHOW, CALL 888-255-0197!
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
LIKE MY MUG Get It Here With Amazon Affiliate Link: https://amzn.to/46OZDhR
Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
IF YOU HAVE A QUESTION AND WANT KRISTINA TO ANSWER IT, CALL 888-255-0197.
Realtor.com reports that the week of September 29 to October 5 is projected to be the best time to buy a home this year, with potential savings of up to $14,000 compared to the summer median price of $445,000. During this period, competition tends to decrease, inventory increases, and demand drops by nearly 30% from its peak. The seasonal shift is driven by factors like school schedules and weather changes. Additionally, 2024's best week may see even higher inventory due to softened demand, while falling mortgage rates, currently at 6.35%, may enhance affordability but could also boost competition. The timing of the best buying week varies regionally, with cities like New York and Boston leading earlier in the season.
➡️To Get A Personal Referral For A Realtor Visit https://www.kristinasmallhorn.com/nee...
➡️Link for your unique 7-day free trial with a $35 monthly fee is - https://www.foreclosure.com/special.h....
PODCAST ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
The podcast currently has 86 episodes available.