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Springfield Business Journal Executive Editor Christine Temple discusses the residential real estate market with Adam Johnson, broker and co-owner of Alpha Realty; Art Maxwell, broker and co-owner of AMax Real Estate; and Jeff Parker, managing broker with Murney Associates, Realtors. 

Podcast Highlights: 

• Residential real estate market inventory, prices, interest rates and buyer/seller dynamics 

• Challenges facing homebuilders and the lack of new home construction 

• Shift to more diverse and higher-density housing developments 

• Trends in first-time homebuyers and demographic changes in the market 

• The higher-end home market and custom home building 

• The impact of technology, social media and AI on real estate agents and their marketing 

• Demand and growth in rural and surrounding communities around Springfield 

• Federal rate cut expectations and the anticipated impact on mortgage rates 

Each month, we gather around the table with a different group of Springfield business leaders to discuss industry trends, workforce and company operations. Join us as we get a behind-the-scenes look into our business community from the C-suite.