Real Estate Trends Today
Welcome to "Real Estate Trends Today," the podcast where your host, Bobby, explores various facets of real estate, including buying, selling, investing, and market trends. Drawing from his experience as a former senior operations manager with Amazon and his current roles as a realtor and Airbnb super host, Bobby provides firsthand insights into the dynamic world of real estate. He also invites industry professionals as guests to share their expertise and perspectives with the audience. Whether you're a seasoned pro or new to the real estate scene, this podcast is sure to captivate and inform you. Bobby is a licensed real estate agent registered with the commission and Atrium Realty LLC. The podcast is intended for informational and entertainment purposes and should not be considered financial advice. Tune in and stay up-to-date with the latest trends in the real estate market while enjoying an accessible and enjoyable conversation.
Bobby Tighe
Atrium Realty LLC
Real Estate Trends Today
Updates In The Home Market: Price Drops, Interest Rates & Mortgage Applications
In this video we'll review some recent market news such as job reports, unemployment rates, consumer price index, building permits, housing start declines, and decreases in YoY mortgage applications.
We talk through the recent fluctuations in interest rates, home median prices now, and over the past few years. We'll take a look at some graphs from Redfin which show pending home sales YoY, and sharp increases in price drops across the nation.
Then we'll break down what stale inventory is, how rapidly it's increasing and what cities are being impacted the most. We'll also get into the most recent numbers in regards to buyers backing out of deals and cancelling on contracts.