Explaining changes in the economy and the impact on the housing market.
Are you aware of what’s happening in today’s economy and how it affects the real estate market? The truth is that this is essential information to stay on top of, so I’m here to help with that. Today, I’m covering inflation, interest rates, supply and demand, and more. This will help you make informed decisions about how to act in today’s market.
Listen to the full explanation in the video above or skip to specific topics using these timestamps:
0:00 — Introduction
0:14 — Inflation and the Consumer Price Index (CPI)
1:58 — Comparing to the 2008 recession
3:50 — How the influx of cash affects the housing market
5:15 — Higher rates are affecting supply and demand
7:02 — The potential effect of real estate investors and institutional buyers
10:00 — How the short-term rental trends could affect supply
12:00 — Predicting things as we can and learning from mistakes
13:47 — Wrapping up
This is a lot to take in, so if you have any questions, don’t hesitate to reach out! You can call or email me anytime, and I would be happy to help you.