This week on The Knowledge Brokers Podcast, Byron Lazine, Tom Toole, and Lisa Chinatti start the conversation with a BAM article on Lawrence Yun, Chief Economist for the National Association of REALTORS®, eviscerating the Fed for going too far with the rate hikes.
Next up is the latest CPI report and what it means for mortgage rates, followed by a discussion on what needs to be done to increase the construction of affordable housing.
Next, they reacted to Barry Sternlicht’s theory on rent inflation, made some predictions on mortgage rates, and shared local inventory stats. They also offered some tips for agents working with buyers.
Stay to the end to hear about the Barstool vs. BAM Debate on Monday, May 15th at 7 pm ET.
Click on any of the timestamps below to watch:
01:40 Lawrence Yun eviscerates the Fed
03:02 “We could be in the high 3s (for inflation) in a month from now.”
07:13 We need to have conversations with builders
07:48 Nixing the regulation costs & adjusting zoning laws
11:15 The impact on banks
13:44 Barry Sternlicht’s theory on CPI data and rent inflation
19:39 Predictions on mortgage rates
24:42 Inventory declined last week
32:01 “Here’s a number you might want to share with buyers.”
40:08 The Barstool vs. BAM Debate Monday night (7 pm ET)
Click here to watch the full episode.
