LAL Live Part 2: Carol Cangiano + Real Property Trends (NPS May 17)

Norm is joined in the second hour by Coldwell Banker REALTOR out of Orange, Connecticut, Carol Cangiano.  Carol shares that there are only 5,000 homes on the market in the entire state of Connecticut—10,000 short of the average—and Norm digs in to understand the nature of the current moment in the real estate market.  Norm and Carol talk about the irrational nature of the current market, what that means for the average homeowner, and whether this market represents an even more irrational exuberance than the 2005 and 2006 runup to the 2008 market crash.  Carol references that appraisals are not currently functioning to bring rationality back into the homebuying equation.  Norm and Carol entertain a call from a key figure at WICC600. Tune in! Like, share, and subscribe! Norm is live every weekday from 12pm ET to 2pm ET on WICC600. Stream Norm live at https://www.wicc600.com/#. Follow