Goldman Sachs Predicts Housing DOOM | The Real Word Episode 238

Byron Lazine and Nicole White discuss the Goldman Sachs prediction on falling home sales, the return of the 40-year fixed mortgage, California blackout risks, and Apple’s iPhone 14 event. Win a 30 Minute Zoom with Byron & Nicole https://bit.ly/WinWithTRW PropStream is the leading real estate data and analytics platform, no matter what your real estate goals are. Get more listings, close more deals with PropStream. https://bit.ly/PropStream-BAM Subscribe to this channel: https://tinyurl.com/aatxhaka Subscribe to BAM Newsletter: http://eepurl.com/hZU-Vn Connect with Byron: Website: https://byronlazine.com Instagram: https://www.instagram.com/byronlazine Twitter: https://www.twitter.com/ByronLazine TikTok: https://www.tiktok.com/@byronlazine 5AM Call Sign-up: https://www.5amcall.com Newsletter here: https://byronlazine.com/subscribe Connect with Nicole White: https://www.instagram.com/nicolewhiterealtor/ Stand out as the go-to real estate agent with our easy-to-share blog posts, social media graphics, videos, guides, and more with KCM. Link: https://bit.ly/KCM-BAM This episode's sources: https://www.inman.com/2022/09/01/home-sales-have-so-much-further-to-fall-in-2023-goldman-sachs-says/ https://www.inman.com/2022/09/02/newrez-returns-to-playbook-brings-back-40-year-fixed-rate-mortgage/ https://www.wsj.com/articles/california-blackout-risks-intensify-amid-soaring-temperatures-wildfires-11662404359 https://www.cnbc.com/2022/08/29/apple-iphone-14-event-preview-september-2022.html Timestamps: 0:00–1:14 Intro 01:14: Topic 1 Goldman Sachs is not bullish. 07:40 They’re not expecting prices to drop… 14:56 Topic 2 The 40-year fixed rate mortgage is back! 18:20 Is the 40-year a good product, or should the mortgage be capped at 30 years? 23:10 Left, Middle, Right 23:17 California blackout risks intensify 21:12 Apple’s big iPhone 14 event #housingmarket #housingcollapse #realestatepodcast