E40: Future of Real Estate, Sales Volume, Mortgage Apps, Home Prices, Lenders, Appraisal Firms
Market Moves with Mark and Jeff
From bad to worse? The headlines in real estate aren't pretty, but it's better to face reality than try to hide from it. Sales volume and mortgage applications are at historical lows. Is there any hope in sight? 75% of potential buyers say now is not a good time to buy and 72% cite high home prices as the reason. Mark's curveball topic: Lenders working with an appraisal firm vs. individual appraisers.
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E39: Economy Changes, Real Estate Volume, Inflation Over Unemployment, New Housing Market Weakness, Artificial Intelligence Emerging Applications, Global GDP Boost
Market Moves with Mark and Jeff
Is the economy softening? Mark and Jeff talk all things economy, including decreasing prices for events and lodging facilities. Will things get worse before they gets better? We've seen another real estate volume false start and Jerome Powell says the Fed will prioritize fighting inflation over unemployment, if necessary. DR Horton and KB Homes join in sharing data highlighting weakness in the new housing market. Additionally, Artificial Intelligence (AI) is emerging applications. One AI Guru suggests Artificial General Intelligence (AGI) will add 10-25 trillion dollars to the global gross...
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E38: PAREA Graduates, Program Information, PAREA Experience, Appraiser Education, PAREA Value, Careers in Appraisal
Market Moves with Mark and Jeff
Two recently-certified PAREA graduates have a conversation with Mark and Jeff about their PAREA experience. What was it like going through the program? Do they feel ready for real-world appraising? What is the value of a PAREA education for students and potential employers?
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E37: Tariffs, Interest Rates, Economy, Income Gap, Housing Affordability, Rocket Mortgage, Mr. Cooper, Credit Default Swap, Home Flipping
Market Moves with Mark and Jeff
Mark and Jeff come to you from the ACTS Conference in San Antonio to discuss current, pressing topics in real estate. In this episode, the market experts focus on the income gap and housing affordability. They also dive into the massive mortgage servicing move - Rocket Mortgage acquiring Mr. Cooper. How about those tariffs? How will they impact interest rates and the economy? The conversation wraps up with coverage on a possible credit default swap opportunity and home flipping stats.
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E36: High Housing Inventory, Home Value Drop, Lennar and Buyer Incentives, Consumer Sentiment, Price of PAREA, FHFA Gets Focused on Fannie and Freddie
Market Moves with Mark and Jeff
Jeff and Mark discuss the highest levels of housing inventory in over a decade. Does this mean values will begin to drop? Home Builder Lennar has the highest levels of buyer incentives since 2009. Consumer sentiment takes a significant drop by the University of Michigan and The Conference Board surveys. PAREA updated - back to our roots! The Appraisal Institute has increased the price of PAREA and is working to make the program profitable while still being the only provider in the country. Additionally, FHFA rescinds multiple initiatives in an effort to narrow the scope of their focus on...
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E35: Future of Real Estate Ownership, Interest Rates Steady, Inflation, Tariffs, FHFA, Fannie, Freddie, Appraiser Gap, Low Inventory in Northeast
Market Moves with Mark and Jeff
In episode 35, Mark and Jeff can't help but ask the question, "Are the top 1% of the wealthiest Americans coming for your home?" Not really, but did you know their wealth is equal to the approximate value of all residential real estate in the United States? The Fed is holding rates steady, but still has two rate cuts penciled in this year. What do you think about Chair Powell bringing back the "T" word, describing possible transitory inflation due to tariffs? Additionally, the newly appointed Federal Housing Finance Agency (FHFA) director isn't wasting any time rearranging the boards of Fannie...
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E34: Rocket Mortgage & Redfin Acquisition, Appraiser Perception, U.S. Department of Housing & Urban Development (HUD) kills Diversity, Equity, & Inclusion (DEI), Renaming ADI, AI for the Show
Market Moves with Mark and Jeff
Big changes are happening in real estate. In episode 34, Mark and Jeff dive into several hot topics, including Rocket Mortgage acquiring Redfin. What's their game? Have you seen Rocket's home equity marketing? What do you think? Is preparing for an appraiser to come the worst thing in your world? The Market Moves experts also discuss Trump's U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner who recently stated, "Let me be clear, Diversity, Equity, and Inclusion (DEI) is dead at HUD." As a result, HUD canceled 162 grants to non-profits for Fair Housing...
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E33: Interest Rates Drop, Mortgage Applications on the Rise, Unfreezing of Housing Market, Artificial Intelligence in Real Estate
Market Moves with Mark and Jeff
Mark and Jeff evaluate the 20% increase in mortgage applications week over week due to improved interest rates. They also discuss Scott Bessent's (President Trump's Treasury Secretary) prediction that the housing market will unfreeze. Of course, the progression of artificial intelligence can't be ignored. How will AI continue to impact the real estate market? Is agency more valuable than intelligence?
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E31: Fannie Mae and Your Mortgage, Housing Crisis, Future of Fannie Mae, Residential Real Estate
Market Moves with Mark and Jeff
You've heard of Fannie Mae, but do you really know their role in residential real estate? Jeff and Mark welcome special guest Lyle Radke to discuss Fannie Mae's purpose, how they made the transition from paper to the digital world, plus lessons learned from the housing crisis. What comes next?
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E32: Interest Rates, DOGE Savings, Bias Claims, Fannie and Freddie Privatization, Trump 20% Dividend to Taxpayers, Real Estate Tax
Market Moves with Mark and Jeff
Another day, more chaos in the real estate market. Mark and Jeff discuss DOGE savings estimates ranging from $9B to $122B, cutting impacting bias claims. Will Fannie Mae and Freddie Mac privatization result in rates going up or down? Friend of the podcast Mark Calabria argues privatization could cause rates to go down. How about Trump's proposal to return 20% of DOGE savings to taxpayers? How could increasing real estate taxes and insurance costs impact housing affordability? Additionally, Mark and Jeff touch on the Trump/DeSantis proposal to remove real estate tax. Why is Warren Buffet...
info_outlineJeff and Mark discuss the highest levels of housing inventory in over a decade. Does this mean values will begin to drop? Home Builder Lennar has the highest levels of buyer incentives since 2009. Consumer sentiment takes a significant drop by the University of Michigan and The Conference Board surveys. PAREA updated - back to our roots! The Appraisal Institute has increased the price of PAREA and is working to make the program profitable while still being the only provider in the country. Additionally, FHFA rescinds multiple initiatives in an effort to narrow the scope of their focus on Fannie Mae and Freddie Mac.