War Impacts the Housing Market

Eddie Ruettiger and Nancy Vallee with EXIT Real Estate Specialists welcome Karie Ramos, also with EXIT Real Estate Specialists, who sat in for Nancy this week, for a timely conversation on today’s housing market. We break down how global events like war are impacting real estate, why mortgage demand is sinking, and how NIMBY attitudes continue to affect affordability. The discussion also highlights signs that affordability may finally be improving and wraps up with a must-know tip every first-time homebuyer needs to hear. If you're thinking about buying or selling in today’s shifting market, this episode delivers the insights you need to stay ahead. #RealEstate #HousingMarket #MortgageRates #FirstTimeHomeBuyer #IllinoisRealEstate #MarketUpdate #HomeBuyingTips #RealEstateAdvice #EXITRealEstate #EddieRuettiger #NancyVallee #KarieRamos Chapters: 00:00:00 Welcome, Karie Ramos 00:02:44 The Effect of the War on the Housing Market 00:11:50 Mortgage Rate Demand Sinks 00:18:10 NIMBY Effects Affordability 00:27:27 Affordability is Improving 00:43:39 A Must-Do for First-Time Home Buyers