EPISODE · Nov 1, 2024 · 6 MIN
Staying Ahead in a Turbulent Property Market | Real Estate Market Update w/ Martin
from Wealthy AF Podcast · host Martin Perdomo "The Elite Strategist"
Send us Fan MailWhat happens when mortgage rates soar to over 7% amid a tense presidential election season? Discover surprising market trends as we explore why pending home sales are defying expectations with a 4.5% increase, despite a notable pause among first-time buyers and an 8% dip in mortgage applications. Whether you're feeling cautious or ready to make a move, we'll dissect the complex factors at play, uncovering the impact on buyers, sellers, and investors alike. With the typical homebuyer's mortgage payment climbing to $2,593, the stakes have never been higher.Shifting gears, we investigate the cooling trend in multifamily developments across the U.S., with a 15.7% decrease in housing starts. While the Northeast faces a steep decline, single-family homes are experiencing a modest uptick. Unpack the variations across major cities like New York, Dallas, and Houston, and learn how these dynamics might offer unique opportunities in a fluctuating market. Jay Parsons joins us to highlight the nuanced factors influencing construction, from local regulations to supply chain hurdles. Tune in for insights that could reshape your next big real estate move and keep you ahead in an unpredictable landscape.Introducing the 60-Day Deal Finder!Visit: www.wealthyAF.aiUse the Coupon Code: WEALTHYAF for 20% off! Download the free Sovereign Standards Manual. A short guide to discipline, clarity, and Authority & Freedom. Get it here:https://offer.elitestrategiesconsulting.com/ Reserve your seat for the FREE Webinar here!https://webinar.thesovereignstandards.com/ Support the showDownload the free Sovereign Standards Manual.A short guide to discipline, clarity, and Authority & Freedom.Get it here for FREEMasterclass for Pennsylvania and/or FloridaSurvival to Mastery I went from $100K underwater to 125 doors, not by working harder, but by finding the 20% that actually moves the needle. Get your copy here
Embed this episode
What this episode covers
Send us Fan Mail What happens when mortgage rates soar to over 7% amid a tense presidential election season? Discover surprising market trends as we explore why pending home sales are defying expectations with a 4.5% increase, despite a notable pause among first-time buyers and an 8% dip in mortgage applications. Whether you're feeling cautious or ready to make a move, we'll dissect the complex factors at play, uncovering the impact on buyers, sellers, and investors alike. With the typical ho...
NOW PLAYING
Staying Ahead in a Turbulent Property Market | Real Estate Market Update w/ Martin
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.