Fannie Mae’s Economic and Strategic Research (ESR) Group released its revised forecast on May 19th. The group expects the U.S. to enter a mild recession later this year, along with a decrease in home prices.
For the Hot Sheet recap for May 15th – 19th, Byron Lazine shares ways agents can address consumer fears during today’s complex market— whether discussing home prices, consumer sentiment or commercial real estate investments.
The results of a new Opendoor survey reveal an inconsistency in market expectations, along with shared concerns and areas where buyers and sellers can meet in the middle.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss the latest CPI report and what it means for mortgage rates, close to peak rent inflation, Lawrence Yun calling out the Fed, and another drop in inventory.
Tom Toole and Lisa Chinatti discuss the drop in mortgage rates after the Fed’s latest rate hike, whether Powell’s speech was actually positive, the April monthly housing report trends, and Q2 strategy advice for knowledge brokers.
The National Association of REALTORS® announced a drop in pending home sales for March 2023. NAR also shares its housing market predictions for 2023-2024
As March brought a 22% annual increase in landlords listing their properties for the first time through Zillow Rental Manager, Zillow research revealed what landlords wished they knew before investing in rental properties.
ATTOM released its Q1 2023 U.S. Home Sales Report, which shows seller profit margins on single-family home and condo sales across the country fell to 44.2% as home prices remained flat in three quarters of the U.S.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss rising inventory and home prices, confusing headlines, home price increases, an increase in mortgage applications, predictions on the Fed’s next move, and why 2023 is nothing like 2008.
New home price forecast updates from NAR, CREA, CoreLogic and Zillow indicate an increase in home values across the U.S. and a decline in home values in Canada.
Byron Lazine and Tom Toole discuss falling mortgage rates, predictions on what the Fed will do next, a slight uptick in inventory, home prices bottoming out, and how to win the second quarter in real estate.
Surprising home features buyers want, home prices rising for the first time in 8 months, the OBN hacker, and an unreal listing video hook are today’s topics as Victoria Velazquez and Sarah Knauer join Captain Dan Oneil and The Broke Agent.
The Hot Sheet recap for March 27th-31st covers Black Knight’s appraisal alternative, housing market affordability, the latest on the Moehrl v. NAR commissions lawsuit, what consumers want in an agent, and slowing rent growth.
The Broke Agent’s content revelation, the Boomer buyer takeover, what consumers want in agents, and Meta Verified and predictions are today’s topics as Tessa Bell and Jason Cassity join Captain Dan Oneil and The Broke Agent
The newest Fannie Mae forecast includes a modest recession in the second half of the year rather than the second quarter. The ESR Group doesn’t expect a repeat of the 2008 Financial Crisis, but something closer to the Savings & Loan Crisis of the 1980s.
Lisa Chinatti and Tom Toole discuss the Senate hearing with Jerome Powell, climbing mortgage rates, the 6.5 million housing unit shortage, conflicting data for unemployment, and the challenges facing buyers and sellers in the current market.
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AI controversies, debunked social media myths, 2023 home price predictions, and marketing tactics with the best ROI are today’s topics as Haley Ingram and Andrew Undem join Captain Dan Oneil and The Broke Agent.
How to overcome excuses to avoid video, how agents should use QR codes, what’s going on with SERHANT., the IG blue check, a Texas TikTok ban, and Super Bowl predictions are today’s topics as Candace Decker and Andrew Undem join Dan Oneil and The Broke Agent.
In a recent BAM Webinar, KCM President David Childers joined Byron Lazine to unpack the 2023 real estate market. Here are the key takeaways and talking points for agents.
The Fannie Mae forecast, published on January 20, 2023, lays out the findings and predictions of the Economic & Strategic Research Group (ESR), including an upward revision for 2022 GDP growth and a downward revision for 2023 home price growth.
Real Estate Witch issued the 2023 edition of their Millennial Home Buyer Report, which indicates 92% of millennials say inflation has changed their home-buying plans.
ardi Matrix® released its moderated 2023 Multifamily Outlook with projections for this year’s rent growth, which it expects to return to historical averages. Inflation, interest rates, and an increase in inventory will likely cut 2022’s rental growth in half.
Researchers at Capital Economics have shared their predictions on the 2023 housing market, pointing to signs we may be close to a trough, with recent improvements in affordability. But further declines in home prices are needed—if not guaranteed.
Byron Lazine and Nicole White discuss the Keller Williams class action lawsuit, insights on home price cuts jumping from 7.1% to 13.6%, and China’s first population decline in 60 years.
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