Let's Talk Housing Episode 25: Economic Woes…

This exciting episode entails current market news and updates, economic uncertainty, the housing market in an election year, the latest fed meeting, and much more.
Have questions? We're all ears! Share them in the comments or drop us an email at [e-mail] for answers in upcoming episodes.
-
Time Stamps:
Time Stamps:
00:00 Introduction
04:01 Current Market Update
06:06 Recent Economic Releases
12:07 Opposing Economic Forces
14:57 Can We Compare Today To The Past?
19:43 Is The Fed Too Late?
20:42 Fed Cut Reflexivity Paradox
22:34 How Far Is The US From 3% Inflation Goal
24:25 Can The Market Ever Favor First-Time Home Buyers?
27:13 How Dropping Rates Will Affect Affordability
29:42 Steven Navigating The Great Recession
32:52 Do Elections Affect Real Estate?
34:10 Conclusion

[@FrankCuzakis]

Great information
Rates should stay around 5%
Housing needs a retraction
Affordability is my worry
Salaries should not raise because it creates inflation
We are in a pickle I had never seen before
Lots of more home in my area
Good product sell
Bad product stays in the market.
Pricing is essential
In my area southern california
Buyer needs a salary of around 230k to be able to afford a medium price at 1.1 mill
Thank you for great info

[@ReportsOnHousing]

All of your comments are on point. Yet, we just don't see a retraction in housing.

[@DriveForShow]

Agree..They need to do rate cuts now. However, I have a feeling they're going to wait.

[@ReportsOnHousing]

They very well could. The longer they wait, the higher the risk that they will further erode the economy down the road.

[@walterwiebach6644]

Great information.

[@ReportsOnHousing]

Thanks for watching!