Episode 70 - Real Estate Market Trends - May 2024

Matt Lombardi and Steve Kaempf talk about May's Real Estate Market Trends 00:00 Introduction 01:30 NAR Commission Settlements 05:34 Changes in Business Practices 12:14 Impact on Realtor Membership 17:22 Value of NAR Membership 24:10 Inflation Rates and Mortgage Rates 24:19 Mortgage Rates and Inflation 25:18 Fed Policy and Rate Cuts 27:35 Impact of Mortgage Rates 29:10 Fluctuations in Mortgage Rates 30:36 Real Estate Inventory 33:07 Real Estate Inventory Trends 38:19 Effects of 0% Down Purchase Program 40:11 Title Insurance and Real Estate Transactions 42:11 Upcoming Real Estate Events 44:43 Baseball Banter 46:31 Closing Remarks People, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues. Our Success Series covers principles of success to help your thrive! IG - https://www.instagram.com/peoplenotti... FB - https://www.facebook.com/peoplenottitles Twitter - https://twitter.com/sjkaempf Spotify - https://open.spotify.com/show/1uu5kTv...