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On today’s episode of This Week in Real Estate, we discuss the losers in the 3-year-old racial discrimination suit, why million-dollar homes are now minus their luxury status, FSBOs fumbling, price drops galore, and do we FINALLY have home builders targeting the lower third of the market?! Also, is a hidden TOO BIG TO FAIL situation on the horizon once again? We will cover how this ONE FACTOR could be triggering the worst surge since the crash of 2008. All that and so much more on today’s episode of This Week in Real Estate!
Are there Real Estate Conspiracies that No One is talking About?
Why did ZILLOW really buy SHOWINGTIME?
Is COMPASS the world’s most UNprofitable brokerage ever?
And are the terrible things that Goldman Sachs has to say about the housing market true? Are we still crashing?!
A MASSIVE number of sellers do not disclose what is wrong with their property. What does this mean for home buyers?! Or are all of these headlines just designed to keep you scared?
Are conspriacies bringing the housing market down to its preverbial knees? Find out on today's episode of this Week in Real Estate
Join the Bearded Men of Real Estate as we connect the dots with stats and facts to bring you the truth behind the headlines on this weeks episode of This Week in Real Estate
Housing is facing Armageddon! Or is it?? ... Homebuyers are backing out of more deals, homebuilder confidence is falling, new housing starts PLUNGE while new housing costs RISE, mortgage demand fell, rates go UP, Compass is getting rid of stonks. Is the meteor about to smash into the housing market and we just don't see it?! Find out on today's episode of This Week in Real Estate!
Zillow is ready to OPEN the DOOR to iBuying once again after they shuttered the business and cut their losses, power buyer Ribbon lays off more than 100 employees, mortgage rates dip BELOW 5 percent, and what’s up with consumer confidence. We will cover all of that PLUS a growing share of listings are going stale, more and more people are asking Google “will the housing market crash?”, and what is Redfin trying to eliminate?! Join in for the discussion!
Don’t forget to subscribe to this Week in Real Estate Podcast!
* iTunes: https://apple.co/3SaJ6hv
* Spotify: https://spoti.fi/3zhhdM1
What in the what is happening in real estate?! The FTC fines Open Door for “allegedly tricking” consumers, REX gets sued in a wire fraud scam, and Equifax sends lenders inaccurate information. How did this all happen?! Join us today as we discuss those HOT topics along with interest rates FALLING, home prices COOLING, and mortgage applications HIKING. All that and so much more on today’s episode of This Week in Real Estate!
Breaking news! Yesterday, the FTC Takes Action to Stop Online Home Buying Firm Opendoor Labs, Inc. from Cheating Potential Sellers with Misleading Claims about its Home-Buying Service!!
Here is a quote from the FTC: “Opendoor promised to revolutionize the real estate market but built its business using old-fashioned deception about how much consumers could earn from selling their homes on the platform,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “There is nothing innovative about cheating consumers.”
Don’t forget to subscribe to this Week in Real Estate Podcast! Available also in iTunes & Spotify!
* iTunes: https://apple.co/3SaJ6hv
* Spotify: https://spoti.fi/3zhhdM1
🔥🏠 Uh oh. The FED is expected to raise rates by .75 or 1.0 basis points during the live show, home builders are not building, home buyers are not buying, sellers are not listing, is the real estate market grinding to a halt due to an economic recession? Or is this an economic depression? How bad is this going to get??
June sales plummet from May, mortgage demand drops to 22 year low! Home builder sentiment is down again, & the NAR cheif economist says interest rates could "catapult" due to the FED inflation policy! Is the housing market done??
Homebuyers are canceling deals!! Is this a Housing PANIC? US inflation rose 9.1% in June, what does that mean for real estate? Application volume drops & markets are cooling fast. Has the inventory increase killed real estate?
We see a rapid rise in mortgage rates that stall out but do not lead to an increase in mortgage applicaitons. We see new home costs rising but inventory being added by the thousands. 50% price cuts might be misleading and is AZ out of water? Then we dive into the Realtor® commission lawsuit once again. Join us!
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