EPISODE · Apr 7, 2026 · 36 MIN
Market Trends - Breaking Down March’s Job Report, Rising Property Taxes, and the Future of Real Estate Firms
from People, Not Titles · host Stephen Kaempf
In this episode of "People Not Titles," Steve Kaempf and Matt Lombardi discuss key market trends, including a surprisingly strong March jobs report offset by declining labor force participation. They examine the Federal Reserve's cautious approach to interest rates, a legal victory for NAR regarding mandatory membership lawsuits, and Lawrence Yun's revised 2026 housing forecast. The hosts also highlight Cook County's skyrocketing property taxes, renters' increasing tenure due to affordability challenges, the dominance of small independent real estate firms, and record-high downtown Chicago office vacancies impacting property values and tax revenues.March Jobs Report & Labor Force Trends (0:00)Job Growth Breakdown & Industry Winners (3:57)Economic Context & Productivity (5:01)Federal Reserve & Interest Rate Outlook (6:05)Labor Market Takeaways & Value Creation (7:21)NAR Mandatory Membership Lawsuit Dismissed (8:06)Lawrence Yun’s Home Sales Forecast Revision (10:31)Cook County Property Tax Surge (11:35)Drivers of Property Tax Increases (14:17)Taxpayer Frustration & Potential Solutions (16:35)Property Taxes as an Affordability Crisis (18:56)Renter Lock-In Effect (19:18)Profile of Real Estate Firms (22:47)Brokerage Business Sources & Client Relationships (26:45)Firm Benefits, Training, and Future Challenges (28:04)Downtown Chicago Office Vacancy Record (30:12)Podcast Announcements & Sports Wrap-Up (33:54)Full episodes available at:[www.peoplenottitles.com](http://www.peoplenottitles.com)People, Not Titles Podcast is hosted by Steve Kaempf and Matt Lombardi and is dedicated to elevating professionals in real estate and business through real conversations, proven success principles, and actionable insights.Follow & Connect:Instagram: https://www.instagram.com/peoplenottitlesFacebook: https://www.facebook.com/peoplenottitlesTwitter: https://twitter.com/sjkaempfSpotify: https://open.spotify.com/show/1uu5kTv#ChicagoRealEstate#HousingMarket2026#RealEstateInvesting#MortgageRates#realestatenews
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Market Trends - Breaking Down March’s Job Report, Rising Property Taxes, and the Future of Real Estate Firms
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