Realtor.com® has identified the ten Hottest ZIP Codes of 2023. And while housing affordability (or the lack thereof) is still a major issue driving buyer activity, this year’s list shows it’s not the only one.
Fannie Mae’s ESR Group published its August 2023 commentary on recent economic data and its likely impact on the housing market. Data points to an eventual downturn, which they now expect in the first half of 2024, though a soft landing is possible.
BAM looks at what could happen to the housing market with 8% mortgage rates, how to answer related questions from buyers, and the best way to prepare your real estate business and maximize transactions in 2023.
Fortune’s Lance Lambert joined Byron Lazine, Lisa Chinatti, and Tom Toole on the Knowledge Brokers Podcast to share his views on the housing market, and whether a soft landing, recession, or no landing would most improve housing affordability.
This week on the Hot Sheet, Byron Lazine broke down the newest home price indices from Case-Shiller and the Federal Housing Finance Agency (FHFA), as well as a housing market prediction from Robert Shiller.
Gain insights into Federal Reserve Chair Jerome Powell’s remarks on the housing market during the July 26, 2023 news conference.
Byron Lazine, Lisa Chinatti, and Tom Toole discuss the Matt Ishbia UWM CEO interview, whether the market is “savagely unhealthy,” why Bright MLS is allowing $0 buyer broker commissions, and the number one reason agents switch brokerages.
A new Redfin report outlines the conditions of the real estate market in June, as home prices soar due to a record low number of properties for sale.
CNBC’s Jim Cramer reacts to the Fed’s decision to hold rates steady after ten consecutive rate hikes. Pointing to housing as the issue at the epicenter of inflation, he speculates as to what it will take to end the cycle and effectively bring down inflation.
According to NAR’s Community & Transportation Preferences Survey, 79% of respondents want to live in a walkable community, with the majority also willing to pay more living within walking distance of restaurants, shops, and transit.
This week’s Hot Sheet recap includes updates on Jerome Powell’s testimony, the increase in builder sentiment, the fate of commercial real estate, and other industry news covered by Byron Lazine for the week of June 20th – 23rd.
Byron Lazine, Lisa Chinatti, and Tom Toole discuss the return of the savagely unhealthy housing market, housing inventory reaching its lowest level on record, rising builder confidence, and their top six book recommendations for knowledge brokers.
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