this Week in Real Estate
The longest running real estate news podcast created so that you would have one place to go to find out the latest real estate news and headlines with succinct professional analysis from those of us active in the field! We cover the national housing market, mortgage rates, the federal reserve, housing affordability, and real estate industry news and information! This show is brought to you by listeners & viewers like you. Hit the share button on your favorite podcatcher and send this to someone like you because it is listeners like YOU who make this podcast possible. Subscibe button and hit the bell so that you can be notificed when we are live and participate in the podcast chat. You can make comments and we can display that comment and talk about you or your comment!! We are also broadcasting on facebook, twitter, linked in, and you can join the conversation via audio on ClubHouse. Join us!
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ZILLOW & Redfin vs NAR Approved Private Listing Networks!
04/23/2025
ZILLOW & Redfin vs NAR Approved Private Listing Networks!
This week on tWiRE – This Week in Real Estate, we’re diving into a storm of high-stakes decisions and shifting market dynamics: 🔥 Zillow ignites controversy with its private listing policy—sparking a public brawl between CEOs, a defensive blog post from Zillow Group’s Errol Samuelson, and a sneaky return of ‘commingled listings’ after a 4-year break. 📉 Meanwhile, America’s housing market is officially hitting the brakes. Home sales have slumped to their slowest pace in 6 years, prices are cooling, and sellers are scrambling to stay competitive—44% are now offering buyer concessions, nearly an all-time high. 📊 The largest MLS in the country just rejected NAR’s proposed ‘Delayed Marketing’ rule, a move that could further fracture the already fragile relationship between brokerages, agents, and listing platforms. 💸 And in the middle of this uncertainty? NYC drops a bombshell: a $110 million penthouse listing, daring the market to keep up. We break it all down—with bold insights, behind-the-scenes context, and a few spicy takes you won’t hear anywhere else. Subscribe, hit that bell, and let’s unpack what’s really happening behind the headlines. 🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6591002606960640
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Zillow & Redfin BAN private listings! & Florida to abolish FREC?!
04/16/2025
Zillow & Redfin BAN private listings! & Florida to abolish FREC?!
Zillow Just Dropped a Bombshell on Private Listings 🔥 Starting in May, Zillow—and now Redfin—is cracking down on privately marketed homes. In response to mounting pressure from lawsuits and industry watchdogs, these giants will block listings that were promoted elsewhere but never hit the MLS. Is this a win for transparency, or a veiled power grab? Also in this episode: • Consumer advocates praise the new listing policy, citing fairness for buyers. • Florida Realtors push back hard against efforts to abolish FREC, calling it a dangerous move. • Leadership shake-up: Gino Blefari exits as CEO of HomeServices of America. What does new chief Chris Kelly bring to the table? • Buyers vs. Renters: You now need to earn $50K more per year just to afford buying over renting. • Demand rises, but high mortgage rates, tariff drama, and economic nerves are still dragging down sales. • Riskier loans are making a comeback—again. • The Housing Supply Frameworks Act aims to fix America’s development gridlock. • One surprising state stands to lose the most from tariffs—how it could affect their real estate market. • Builder confidence is down again. Is the spring season already a bust? 📲 Subscribe for real-time housing market coverage with no fluff, no fear-mongering—just real talk. 🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6591002606960640
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Tariff Turmoil Tumbles Stocks. Will the housing market CRASH?
04/09/2025
Tariff Turmoil Tumbles Stocks. Will the housing market CRASH?
Private listings, broker lawsuits, and mortgage mayhem — Episode 312 is packed with the headlines shaping the future of real estate. This week on tWiRE (This Week in Real Estate), we’re diving headfirst into the chaos, clarity, and controversy rocking the housing industry. 🕵️♂️ Private Listing Networks Are Here In the wake of the NAR’s massive commission settlement, major brokerages are rolling out their own private listing networks — sidestepping the traditional MLS system and stirring up fresh concerns around transparency, competition, and access. Is this the beginning of a new era in real estate marketing… or a dangerous return to shadow inventory? ⚖️ Courtroom Tension Builds • The Gibson defendants make a bold move to escape a Missouri judge’s oversight in the bombshell commission lawsuit. • Keller Williams franchisees launch a legal attack on high-profile agent Veronica Figueroa, accusing her of poaching agents and violating franchise agreements. • And in the tech turf war, Move Inc. (parent of Realtor.com) is fighting to dismiss a lawsuit from CoStar, which claims trade secret violations in the escalating battle for online listings dominance. 📉 Stocks on the Edge: Opendoor & Fathom Real estate tech darlings Opendoor and Fathom Realty are on the brink — their stock prices have dropped so low they’re flirting with the dreaded $1 delisting threshold. What’s driving investor panic, and what could it mean for agents who rely on these platforms? 🎯 NAR’s New Ad Campaign — Too Late or Right on Time? NAR’s latest campaign, “Right By You,” aims to rebuild public trust by featuring real people and real stories about why agents matter. But in a climate of deep skepticism, is this a genuine reset — or just damage control? 📉📈 Tariff Chaos Rocks Mortgage Rates (Again) • Just when buyers started to breathe, mortgage rates slingshot higher again thanks to tariff uncertainty and international market turbulence. • The U.S. raised Canadian lumber tariffs to a staggering 34.45%, setting off alarm bells for builders and buyers alike. • Despite the rate rollercoaster, housing affordability remains near record lows, with price growth still outpacing wage gains in most metro areas. • But it’s not all doom and gloom — in some markets, falling rates are actually boosting buyer power. We break it all down. 💸 How Are Buyers Coping? • A new Redfin survey reveals that 1 in 5 homebuyers plan to sell stocks to cover their down payment — a risky sign of desperation or a creative strategy in an uncertain economy? • Meanwhile, 68% of condos sold below list price in February — the highest share in five years. Is this the start of a condo correction, or just a blip? 🌪️ And Finally… Is a Recession Coming for Housing? We wrap with a big-picture look at growing recession fears and what they could mean for housing demand, lending, construction, and pricing. Is the industry bracing for impact — or adapting just in time? 📢 Don’t miss this week’s deep dive into the headlines that matter — without the fluff or fear-mongering. Whether you’re an agent, investor, or just trying to make sense of this wild market, tWiRE keeps you ahead of the curve with sharp insights and real talk. 🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6591002606960640
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END is NEAR?! Mortgage Delinquency Panic!!
04/02/2025
END is NEAR?! Mortgage Delinquency Panic!!
This Week in Real Estate (tWiRE) Episode 311 unpacks a wild week of housing headlines—from legal showdowns to market shakeups. We’re covering everything agents, buyers, and investors need to know: 📌 MLS Mayhem: NAR’s new policy is forcing MLSs nationwide into high-stakes implementation chaos—how fast will compliance actually happen? 📌 Rocket + Mr. Cooper = $9.4 Billion: One of the biggest fintech mergers in real estate history is in motion. What does this mean for the future of mortgage servicing? 📌 Agent Burnout & NAR Backlash: New data shows real estate pros are more discontented than ever—and NAR’s not helping. 📌 Redfin’s 2025 Survey: Insights on where industry leaders think the housing market is going—and what’s keeping them up at night. 📌 Alexanders vs Side: Explosive counterclaims hit back in the high-profile brokerage breakup. The allegations are messy. 📌 Viral Mortgage Delinquency Post DEBUNKED: Why one doomsday tweet made waves—and why the data says it’s not that deep. 📌 HUD Shifts FHA Loan Policy: No more FHA loans for undocumented immigrants—how this decision plays into the political and economic narrative. 📌 GSEs Shut Down SPCPs: Fannie & Freddie are pulling the plug on Special Purpose Credit Programs—what that means for fair lending initiatives. 📌 Housing Payments Hit New Record: Monthly costs have never been higher—how are buyers still making it work? 📌 Boomer Buyers Are Back on Top: Millennials get dethroned as Boomers dominate the market again. Is Gen Z next? 📌 Hot Competition in Big Cities: Bay Area and NYC are staging a buyer comeback. Could this signal a broader urban revival? 📌 Manhattan Luxury Booms: The most expensive market in the U.S. just had its best first quarter in 6 years. 📌 Wildfires Reshape SoCal Housing: Post-fire migration is transforming the map of LA’s hot neighborhoods. 📌 Mortgage Rate Watch: Stuck in a holding pattern—will tariffs tip the scale on housing demand? 👉 Subscribe for sharp analysis, no fluff, and real talk on everything shaping the real estate world.
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KW Scandal, Clear Cooperation Fights, & MLS FIRESALES?!
03/26/2025
KW Scandal, Clear Cooperation Fights, & MLS FIRESALES?!
This Week in Real Estate, where the headlines hit harder than your March Madness bracket! This week’s top stories reveal shifting power dynamics in real estate, rising insurance crises, and a wild MLS tech fire sale. 🔥 In this episode: • NAR’s strategic pivot: Clear Cooperation survives—but with new seller flexibilities. What this means for pocket listings, buyer representation, and broker tactics. • Instagram beef: Compass and Windermere go head-to-head in a public CCP showdown. Who’s winning the court of public opinion? • MLS drama unfolds: Mega MLSs are looking to unload Remine. Is this the end of the data play? • Keller Williams clash: John Davis slams KW leadership in a very public feud. • Alabama’s bold new law: Buyers can now tour homes without signing a buyer agreement. Game-changer or chaos? • The hidden side of Realtors: What your agent does when you’re not looking—and why it matters. • Housing affordability mess: Mortgage demand rises slightly, but don’t call it a comeback. Gen Z and Millennials are still stuck on the sidelines. • Insurance warning: 1 in 7 homes has no insurance coverage. As premiums explode, are we heading for a financial disaster? • Feds hold the line: FHFA won’t lower Fannie and Freddie loan limits under new leadership. • Trump’s land plan: A proposal to open federal land for affordable housing sparks fresh debate. • Wildfire fallout: Home sales plunge in LA’s burn zones—what happens when nature torches your market? • Rural flight: New data shows rural communities are emptying out. What that means for housing, jobs, and the future of these towns. 🏡 Whether you’re an agent, investor, or housing policy nerd—this is the real estate intel you won’t get anywhere else. 🔔 Subscribe now and don’t miss a single headline. Let’s get into it.
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FED Announces Rates & is Zillow is getting Sued AGAIN?!
03/19/2025
FED Announces Rates & is Zillow is getting Sued AGAIN?!
🔥 tWiRE Podcast: The FED Announces Rates & Billion-Dollar Real Estate Upheaval! 🚨 This week on tWiRE, we’re diving into major shake-ups in the real estate industry—billion-dollar mergers, leadership shifts, lawsuits, and THE FED’S RATE ANNOUNCEMENT. Buckle up, because this episode is packed with game-changing updates! 🏡 Market Shifts & Mortgage Moves: • Mortgage demand drops after 9 weeks of steady movement—what does it mean for buyers? • The Fed’s latest rate decision and how it will impact homebuyers, investors, and the housing market overall. • Home prices are rising, but where? The Midwest is seeing some of the fastest appreciation—find out why! 🚨 Industry Drama & Big-Name Battles: • Compass vs. Berkshire Hathaway HomeServices: Merger talks—or are they? CEOs are sending mixed signals. • Vegas Realtors CEO speaks out after his abrupt ousting—career-ending controversy or a new chapter? • The RE/MAX rebrand—why it’s failing to ignite excitement among agents. ⚖️ Legal Battles & Broker Shakeups: • The DOJ’s latest move—raising concerns about the Nosalek settlement and its ripple effects on commissions. • Zillow in court—REX is pushing for a full appeals court review over its dispute with the listing giant. • A court pauses a broker’s lawsuit over the NAR’s brick-and-mortar office rule—what this could mean for virtual brokerages. 🏗️ Trends & Innovations: • Housing starts rose in February, but builders are still grappling with high costs. • The world’s largest 3D-printed housing development is making headlines—could this be the future of homebuilding? • Spring homebuyers are getting mortgage-ready—but will the market actually be more friendly for buyers? 👉 What do you think about these industry shifts? Drop your thoughts in the comments and make sure to subscribe for the latest real estate insights!
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Sell Out before the Housing Market Collapse?
03/12/2025
Sell Out before the Housing Market Collapse?
🚨 REDFIN SOLD?! Rocket's $1.75B Power Move & Stocks are TANKING! Whats up with Inflation???! 🚨 🔥 This week in real estate: Rocket Companies just dropped a $1.75 BILLION bombshell—buying Redfin in a move that could slash transaction costs by 50%?! But is this really a win for consumers? Meanwhile, Florida’s housing inventory just hit an all-time high, mortgage rates are dipping, and 1 in 7 home sales are getting canceled. Is the market shifting in buyers' favor? 🏡 Here’s what we’re covering in Episode 308: ✅ Rocket + Redfin merger – What it means for homebuyers & sellers ✅ Gary Keller cashing out? Private investment shake-up ✅ Florida’s record-breaking inventory – Crash or correction? ✅ Mortgage rates falling for 6 straight weeks – Will buyers return? ✅ Realtors vs. ‘RealtorsHateMe’ – The internet’s latest controversy ✅ NAHB wins big on lumber tariffs – Will home prices drop? ✅ Pending sales down 6%, but mortgage demand surging 11% – A turning point? 📉 With inflation cooling and mortgage rates slipping, are we finally seeing a break for buyers? Or is this just another head fake before the next big market shift? 💬 Drop your thoughts in the comments! Will Rocket’s Redfin takeover help or hurt real estate? 📢 SUBSCRIBE for the latest real estate updates!
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AI Replaces Agents & a HUGE Fee Skimming Scandal is EXPOSED!!
02/26/2025
AI Replaces Agents & a HUGE Fee Skimming Scandal is EXPOSED!!
🤖 AI Replaces Agents & a HUGE Fee Skimming Scandal is EXPOSED! This week, the real estate world is getting shaken up in big ways: 🔥 AI Real Estate Agent Closes $100M in Sales – Is this the beginning of the end for human agents? 💰 AMCs Caught in a Fee Skimming Scandal – A new lawsuit reveals shocking industry deception! 📉 Mortgage Rates Drop to 2-Month Lows – But why isn’t demand skyrocketing? 🏡 NAR Pays $197M Settlement – What’s next for commissions and agent paychecks? 📊 U.S. Housing Market Gains $2.5T in Value – What’s fueling this growth? 💵 Buyers Are Putting Down 16% on Homes – How does this impact affordability? 🏗️ Single-Family Home Starts Rise Slightly – A sign of hope or just noise? 🌴 Florida Condos Holding Strong Inland – Is the market shifting away from the coast? 📢 More Supply, More Buyer Bargaining Power – Are we finally seeing a market correction? 🔹 PLUS: Realtor.com’s Chief Economist shares insider advice on buying a home right now! 📌 Subscribe for the latest real estate updates & expert takes!
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Zillow vs DOJ & REX + Are SELLERS Scrambling before the CRASH?
02/19/2025
Zillow vs DOJ & REX + Are SELLERS Scrambling before the CRASH?
🚨 Zillow vs. REX Legal Battle Heats Up + Is It Really a Buyer’s Market? 🚨 This week on tWiRE, we’re diving into Zillow’s ongoing legal fight with REX, as the DOJ weighs in—what does this mean for the future of real estate search and commissions? Plus, a judge in the class-action lawsuit against real estate agents is "surprised and confused" by buyers' latest move. 🤯 🏡 Market Shift Alert: Easy deals are over? Gary Keller says agents need to adjust—fast. Luxury price check: How much $$$ does it take to buy high-end real estate in every state? More homes for sale, but no buyers? January’s inventory jump isn’t moving the market. Austin & Atlanta vs. LA & Seattle—why some cities are flush with lots while others are in crisis mode. D.C. Housing Market Crash?! A viral X (Twitter) panic takes off—let’s break down the reality. 💰 Mortgage & Economic Update Mortgage demand drops 6%—buyers are still on the fence. Home prices continue to rise—January saw a 0.6% increase. Less than one-third of homes were bought with cash—a 3-year low! 📢 PLUS: HUD’s Trump-era layoffs, Pasadena’s innovative ADU program, and a shake-up at REALTOR® Magazine. 🔥 Don't miss this breakdown of the biggest real estate headlines! 🔥 🔔 Subscribe & Stay Ahead of the Market
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ZILLOW wins BIG as Home Sales Sink. Is ZILLOW Taking Over??
02/12/2025
ZILLOW wins BIG as Home Sales Sink. Is ZILLOW Taking Over??
🔥 The Housing Market Is Shifting FAST—Are You Ready? 🔥 🚨 BIG Changes in Real Estate! 🚨 🏡 Robert Reffkin vs. Gary Keller? The Clear Cooperation debate is heating up—what’s really going on? 🏠 Zillow’s Rental Takeover—25% revenue growth in Q4 signals their next big move. What does this mean for landlords & renters? 📉 2025: A Renter’s Market?! But economists say it won’t last—here’s how to take advantage while you can. 💰 Refinance BOOM! Mortgage refinance demand just hit its highest level since October—but homebuyers are pulling back. 🔥 Plus, These Market Shifts: 📊 New listings are SURGING, but buyer demand is DROPPING—a massive shift is happening! 🏷 Homebuyers are finally getting deals! Typical buyers are paying 2% below list price, the biggest discount in 2 years. 📈 Mortgage pressure is growing—17% of homeowners now have rates at 6% or higher. 💰 90% of markets saw home price gains in Q4—will it continue? 🔨 Trouble for Builders? Steel & aluminum tariffs could push up construction costs. 🏛 DOGE cost-cutting & federal office space risks—why some cities could be in trouble. 🏡 The 10 Most-Viewed Homes of January—what’s catching buyer attention? 🏈 SUPER BOWL AD RECAP! Did Homes.com & Rocket Mortgage WIN or FUMBLE? 📌 SUBSCRIBE for weekly real estate updates!
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National MLS?! + Smaller Homes, Slower Sales & Renters Boom
02/05/2025
National MLS?! + Smaller Homes, Slower Sales & Renters Boom
The housing market is slowing, with homes taking nearly two months to sell—the slowest pace in five years. Meanwhile, a shift in commissions is unfolding, with rates rising slightly for affordable homes and dipping for high-end properties since the NAR settlement took effect. As affordability improves, experts predict 2025 will be a renter’s market, creating new opportunities for those looking to lease rather than buy. Compass is making a major tech play with the launch of “Compass One,” a client portal designed to streamline transactions, while NAR continues its media push with the fifth season of First-Time Buyer. The MLS landscape may be on the verge of transformation, with talks of a national network gaining traction. In other headlines, climate change is reshaping real estate, putting $1.5 trillion in property value at risk, and homebuilders are anxiously awaiting tariff details from Canada and Mexico that could impact costs. Plus, new homes are shrinking—are buyers really looking for less space? And in a wild twist, two wealthy Florida real estate moguls have been denied bail as a judge exposes their fraudulent empire. Tune in for expert insights, bold takes, and everything you need to know about the real estate world this week!
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Housing Meltdown or Market Correction? The Truth About Commissions, Prices & the Fed
01/29/2025
Housing Meltdown or Market Correction? The Truth About Commissions, Prices & the Fed
The real estate industry is facing a major shakeup—71% of agents didn’t close a single deal last year, and legal battles over commissions could change how homes are bought and sold forever. This week on tWiRE, we break down the fallout from antitrust lawsuits against agent commissions and how real estate leaders see opportunity in the chaos. Meanwhile, pending home sales took the sharpest dive since 2022, thanks to a spike in mortgage rates, while home prices are rising in every major metro for the first time in nearly two years. Are we heading for a market slowdown, or is relief on the way for buyers? Plus, we analyze Trump’s plan to tackle housing affordability and what it would take to actually lower costs. And in breaking news, we discuss the latest Federal Reserve decision and how it could impact mortgage rates moving forward. Finally, in the wake of devastating wildfires, Los Angeles homeowners are facing an uphill battle to rebuild—what does the recovery process look like, and how could it affect the broader market? Don’t miss this packed episode as we dive into the biggest real estate headlines and what they mean for buyers, sellers, and agents.
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Cali Fires & the Housing Problem
01/15/2025
Cali Fires & the Housing Problem
This week on the tWiRE Podcast, we dive into the biggest stories shaping the real estate market. The Supreme Court has denied the National Association of Realtors’ appeal in a high-stakes legal battle with the Department of Justice, leaving the industry facing increased scrutiny. Meanwhile, California wildfires are wreaking havoc on housing markets, leading to rising evictions, heightened property speculation, and executive orders aimed at addressing the crisis. Accessory Dwelling Units (ADUs) are emerging as a vital solution in Los Angeles, even as wildfires test the resilience of local housing stock. Across the country, starter homes remain frustratingly out of reach for buyers, and soaring mortgage rates—now at their highest since May—are dampening demand, despite a modest rise in home tours to start the year. In Atlanta, a federal lawsuit accuses landlords of orchestrating a rent price-fixing scheme that could be costing renters millions, raising questions about fairness in the rental market. With these headlines and more, we’re breaking down the week’s biggest challenges and what they mean for buyers, sellers, and investors navigating today’s market.
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High Home Supply & Crushed Buyer Demand?!
01/08/2025
High Home Supply & Crushed Buyer Demand?!
But wait... I thought real estate was about to get better?! This week’s tWiRE Podcast dives deep into the biggest real estate headlines shaping 2025. We start with NAR’s latest shake-up as industry legend Sherry Chris takes on a key advisory role. The Supreme Court looms large with a potential decision on the NAR vs. DOJ case, a battle that could reshape industry regulations. Meanwhile, mortgage demand has plunged, rates have surged to their highest since July, and homebuyers are hitting pause—waiting for better conditions. On the flip side, housing affordability didn’t worsen for the first time in four years, and new listings have jumped 8%, offering fresh opportunities for buyers. But with supply hitting a four-year high, many homes are sitting unsold. Will homeowners' reluctance to sell continue to lock up inventory? We’ll also explore Amazon’s $47K luxury tiny home (yes, it has a rooftop deck!) and check in on Europe’s real estate recovery heading into 2025. Tune in for sharp insights, bold takes, and everything you need to know to stay ahead in real estate this week.
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2025 Housing Crash? What will rates be?
12/18/2024
2025 Housing Crash? What will rates be?
It’s our biggest show of the year—our Prediction Special! We’re taking a look back at last year’s bold predictions to see how accurate (or hilariously wrong) they were. From NAR’s optimistic forecasts of home sales surges to Goldman Sachs’ predictions for price growth, we’ll compare the major market forecasts to the realities of 2024. Then, we’ll dive into the latest housing market predictions for 2025 from the industry’s top analysts, including Zillow, CoreLogic, Fannie Mae, Freddie Mac, and more. What’s the consensus on home prices, sales, and mortgage rates? Will the market crash? Is this the end of affordable housing? We’ll discuss the key trends that could shape the year ahead, including: NAR’s 2025 forecast of a 9% sales increase. Goldman Sachs’ expectation of 4%+ home price growth. CoreLogic’s take on regional price surges. Zillow’s design trend predictions and market outlook. Fannie Mae and Freddie Mac’s mortgage rate forecasts. Realtor.com’s affordability concerns. BAM’s challenges for agents in 2025. Finally, we’ll make our own bold predictions for 2025, tackling questions like: Will housing become even more unaffordable? Are we headed for a market correction or crash? Which regions will thrive, and which will struggle? Join us live at 10 PST / 1 EST for sharp analysis, lively discussion, and a fun look at what the future holds for real estate. Subscribe, hit the bell for notifications, and don’t miss this year-end event!
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Real Estate Scandals, Condo Cliffs, and Rising Buyer Buzz
12/11/2024
Real Estate Scandals, Condo Cliffs, and Rising Buyer Buzz
This week, the real estate industry faces intense scrutiny and significant changes. Oren and Tal Alexander were arrested alongside their brother in Miami following sexual assault allegations, casting a shadow on their careers as prominent real estate stars. Meanwhile, Realty One Group makes headlines by allowing Phoenix-area agents to leave NAR, signaling a shift in industry affiliation. In legal news, Move’s ‘fake leads’ lawsuit has been transferred to federal court, while the embattled sale-leaseback platform EasyKnock has shut its doors, leaving investors and clients in the lurch. And in a surprising twist, Jason Oppenheim has been identified as the mystery broker at the center of a kickback plot. On the market front, mortgage refinance demand has surged 27% as rates dropped for the third consecutive week, and buyers are becoming more active, with house tours and mortgage applications picking up as we head into the year’s final stretch. However, the Florida market is facing a looming ‘condo cliff’ crisis, as fallout from the 2021 Surfside collapse prompts stricter regulations. Additionally, we’ll explore what you need to know about the new Federal Flood Risk Management System, how 2024 local election results highlight voters’ willingness to spend big on affordable housing, and the truth about traffic—what’s driving clicks, leads, and sales in real estate marketing. Join us today at 10 PST / 1 EST for sharp analysis and unfiltered discussion. Subscribe, hit the bell for notifications, and join us live on Clubhouse to weigh in on these critical topics.
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Small Homes, Big Demand, and Compass's Bold Move
12/04/2024
Small Homes, Big Demand, and Compass's Bold Move
This week, we’re breaking down the latest headlines shaping the housing market. Compass is making waves with its acquisition of @properties Christie's International Real Estate, signaling a bold expansion strategy. Meanwhile, a judge has approved the NAR settlement in the Sitzer/Burnett case, a decision that could reshape commission practices across the industry. Despite high mortgage rates, early-stage homebuying demand has surged to its highest level in 15 months, with contract signings and pending home sales jumping thanks to a post-election boost in home tours. Mortgage rates dipped to their lowest level in over a month, spurring a 6% increase in homebuyer mortgage demand—is the market finding its momentum? We’ll also discuss how investor home purchases are leveling off after the pandemic’s wild market ride, and dive into the story of a tiny home with a garage selling out on Amazon after Black Friday buzz, highlighting the growing interest in alternative housing solutions. Join us today at 10 PST / 1 EST as we break down these key trends and their implications for buyers, sellers, and agents. Subscribe, hit the bell for notifications, and join the live conversation on Clubhouse!
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Buyers moving in fear while NAR "volunteers" Party?!
11/20/2024
Buyers moving in fear while NAR "volunteers" Party?!
This week, we uncover the hottest stories shaping real estate trends across the country. Inside the National Realtors Group, reports of chauffeured cars and Broadway tickets are raising eyebrows—what does this mean for the industry’s reputation? Despite higher interest rates, weekly mortgage demand ticked up, signaling renewed buyer activity. Could this be a sign of recovery? We’ll also explore the growing influence of safety, climate, and affordability concerns on the housing market. 18% of home hunters are moving due to safety or crime concerns, while 14% cite climate risks. Meanwhile, for the first time in a decade, homes in areas with low natural disaster risk are rising in value faster than those in high-risk zones. In Florida, home sales are sinking amid hurricane recovery and soaring HOA and insurance costs, while U.S. home prices rose 0.5% in October, marking a full year of consistent growth. At the same time, affordability remains a crisis—nearly 25% of people earning under $50,000 have skipped meals to make housing payments. On a brighter note, existing home sales posted their biggest increase in nearly three years, and home tours and mortgage locks are bouncing back post-election. Could this be the market’s turning point? We’ll also take a way-too-early look at what Trump’s re-election could mean for housing and why 22% of Americans are more likely to move now that the election is over, with many considering a different country or state. Finally, we dive into the phenomenon of 1 in 3 young adults still living with their parents—what does this mean for the housing market’s future? Join us today at 10 PST / 1 EST for sharp insights and candid conversation. Subscribe, hit the bell for notifications, and join the live discussion on Clubhouse!
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[Corrected Audio] Is Zillow the Next MLS? & The Trump Presidency Rocks Housing!
11/14/2024
[Corrected Audio] Is Zillow the Next MLS? & The Trump Presidency Rocks Housing!
[Audio improves at 3:02] This week’s episode dives deep into the major developments shaping the housing market and the real estate industry. Compass CEO Robert Reffkin has made a bold statement, claiming Zillow could become the national MLS—is this the future of real estate? Meanwhile, Q3 earnings reports are illuminating the early impact of NAR's commission rule changes, raising questions about how these shifts will reshape agent income. Legal challenges remain front and center, as a law professor warns that an 'unconstitutional' court order could derail NAR’s settlement deals on appeal. Plus, Anthony Hitt is stepping down as CEO of Engel & Völkers Americas—what’s next for this luxury real estate giant? In market news, mortgage demand has stalled, and pending home sales held steady leading up to the election, despite mortgage rates hovering near 7%. Experts predict rates will remain elevated and volatile as financial markets digest the Trump presidency and its implications for the economy. Speaking of politics, we’ll explore how Trump’s mass deportation plan could impact immigrant workers and the housing market, and why America’s toughest housing markets are trending red. On the rental side, national rents remained flat in October, but East Coast and Midwest metros are seeing sharp increases. Finally, we’ll look ahead as Zillow predicts which design trends will dominate in 2025. Join us today at 10 PST / 1 EST as we break down these critical topics and their implications for buyers, sellers, and agents. Don’t forget to subscribe, hit the bell for notifications, and join the live conversation on Clubhouse!
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Red, White, and Mortgage Blues: Housing and the 2024 Vote
11/06/2024
Red, White, and Mortgage Blues: Housing and the 2024 Vote
This week, we dive into the headlines dominating real estate and what they mean for agents, clients, and the market as a whole. Election anxiety is running high, and both agents and clients are feeling the tension as loose talk about housing policies impacts decision-making. A recent survey reveals that 38% of early voters say housing affordability influenced their presidential pick—what does this say about the intersection of housing and politics? In legal news, objections are piling up against NAR and HomeServices settlement deals, while a judge has granted final approval to nine commission lawsuit settlements, potentially reshaping the industry. Meanwhile, real estate commissions have surprisingly held steady, even after new rules were implemented. Plus, Ryan Serhant scored a win in court against KW Black Label in a recruitment dispute. On the market side, mortgage rates remain a hot topic. Despite a weak jobs report, they’re expected to fall slightly, but buyers are still reeling—mortgage demand has dropped 11% this week, and buyers have lost $33,000 in purchasing power in just six weeks. With the average age of first-time homebuyers hitting an all-time high of 38, what does this shift mean for the market? We’ll also discuss the growth of renter households, now expanding three times faster than homeowners, and why more people are turning to cash-out refinances amid financial uncertainty. Plus, with 28% of houses for sale being newly built, the lowest share in three years, how will this affect inventory challenges? Finally, we tackle the big question: What would a Trump presidency mean for housing? With policies likely to differ dramatically from the current administration, we explore the potential impacts on affordability, rates, and homeownership. Join us today at 10 PST / 1 EST for sharp analysis and candid conversation. Subscribe, hit the bell for notifications, and join us live on Clubhouse!
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Are Mortgage Rates Crushing Buyers? Pending Sales Surge!
10/30/2024
Are Mortgage Rates Crushing Buyers? Pending Sales Surge!
This week, we dive into some of the biggest stories reshaping the real estate landscape. The Council of Multiple Listing Services (CMLS) is making waves, urging NAR to maintain the controversial Clear Cooperation policy in a new letter, claiming that weakening it could harm the integrity of the housing market. However, some local associations are still pushing back, challenging the policy as unnecessary and restrictive. We’ll also cover Pacific Sotheby's International Realty’s recent partnership with Rechat, a move that brings cutting-edge tech to streamline agent workflows. Meanwhile, Real Brokerage’s RISE announcements signal strategic growth—what will this mean for agents and clients? Despite mortgage rates rising again, pending home sales jumped 2.5% in September, marking the biggest monthly increase in over a year and a half. However, first-time buyers are still facing significant challenges with 30 renters for every home for sale in today’s supply-constrained market. Home prices grew by 0.5% in September, the fastest pace since April, reflecting continued demand despite affordability pressures. As we look to 2025, new surveys highlight buyer and seller expectations and reveal that nearly a quarter of first-time buyers are delaying their purchases until after the election. Will political uncertainty drive even more market hesitation? Join us today as we break down these key developments!
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Pending Sales Surge—But sales stall again!?
10/16/2024
Pending Sales Surge—But sales stall again!?
This week, we explore the major shifts and controversies shaping the real estate industry. We kick things off with NAR’s Clear Cooperation policy under attack—some agents claim it’s giving big brokerages a competitive edge, while others say dismantling it could harm both agents and consumers. One local association is outright rejecting the policy, intensifying the debate. Meanwhile, a survey reveals that 55% of agents now see MLS value declining post-NAR settlement, raising concerns about the future of cooperation in the market. We also dive into Side’s legal battle with the Alexander brothers over alleged contract breaches. On the market front, mortgage demand dropped 17% this week as rates hit their highest point since August, leaving buyers on edge. Interestingly, nearly 25% of first-time homebuyers plan to delay purchases until after the election, adding more uncertainty to an already tense market. We’ll also look at a new survey showing that 42% of homeowners favor Trump for maintaining home values, while 35% believe Kamala Harris would do better. Meanwhile, renters are almost twice as likely as homeowners to say housing affordability will affect their vote—what will this mean for the upcoming election? Despite warmer-than-expected inflation, mortgage rates are unlikely to drop significantly. Yet, there’s good news: Pending home sales posted their biggest jump since 2021, signaling renewed buyer activity. Join us today. Subscribe, hit the bell for notifications, and join the conversation live on Clubhouse!
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Hurricane Helene & Milton Makes Young Adults Rethink Housing Choices
10/09/2024
Hurricane Helene & Milton Makes Young Adults Rethink Housing Choices
On today’s episode, we tackle some of the biggest stories shaking up the real estate world. NextHome CEO James Dwiggins is taking a stand, addressing critics of NAR’s Clear Cooperation policy—how will his comments reshape the debate? Meanwhile, eXp Realty has agreed to a massive $34 million settlement to resolve antitrust commission lawsuits. What impact will this have on the industry? Additionally, the commission suit against Howard Hanna and an MLS has been tossed out on its merits, providing a significant legal victory in a time of increasing scrutiny on commissions. We’ll also dive into Realtor.com’s new legal battle, claiming that a former editor violated federal law—what does this mean for real estate media? As we look ahead to 2024, we explore what homebuyers are expecting from real estate agents. With the role of agents constantly evolving, what do buyers want in today’s fast-changing market? In broader housing news, nearly one-third of young adults say Hurricane Helene has influenced their decision on where to live, and September marked a major turning point for demand as pending home sales leveled off after nine months of declines. Tours hit their highest levels since April, showing a possible market revival. However, mortgage rates have jumped following a strong jobs report, though consumer sentiment is at a 30-month high. Optimism about mortgage rates is growing, but will that translate into a housing market rebound? Join us today as we break down these critical stories and more. Subscribe, hit the bell for notifications, and join the live discussion on Clubhouse.
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Starter Homes Get Cheaper, But Is Anyone Actually Buying?
10/03/2024
Starter Homes Get Cheaper, But Is Anyone Actually Buying?
In this week’s episode, we dive into a whirlwind of real estate news, starting with REcolorado’s big move to cut ties with Realtor organizations after being sold to a private buyer. What impact will this have on the MLS landscape? We also cover NAR’s standoff over its controversial Clear Cooperation policy, as revealed by an eye-opening Inman survey. And in breaking news, NAR’s Chief Legal Officer Katie Johnson is stepping down—what does this mean for the future of the organization? A law professor is shaking things up with a contract designed specifically with buyers' interests in mind—could this change the way we negotiate home purchases? And good news for first-time buyers: buying a starter home is now cheaper than it was a year ago! Plus, we’re seeing signs of market activity picking up, as mortgage demand shoots up and home tours hit their highest levels since May. However, don’t get too comfortable—mortgage rates are unlikely to drop much further, even with the Fed’s upcoming rate cuts. Meanwhile, refinance demand has taken a step back after a minor bump in rates. With only 2.5% of U.S. homes changing hands this year—the lowest in decades—what does this signal for the market? We’ll also explore why newly built apartments are filling up, but at a slower pace, and why asking rents for new units have dropped 6%, their lowest since 2022. Finally, Walmart is making headlines with a groundbreaking 8,000-square-foot building for 3D printing. Could this be a game-changer for construction? Join us for an in-depth look at these stories and more. Subscribe, hit the bell for notifications, and be part of the live discussion on Clubhouse.
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Are Lead Gen Sites a SCAM? & The NAR gets involved with Commission
09/25/2024
Are Lead Gen Sites a SCAM? & The NAR gets involved with Commission
This week, we’re excited to be joined live by Skap, Matt, and Michele for a lively discussion on the hottest real estate headlines. We’ll kick off with a debate on NAR’s new consumer guides, which have sparked controversy among agents nationwide. And, Ryan Serhant’s latest tech rollout, S.MPLE, promises to streamline workflows for agents—how will this new platform impact real estate professionals? In legal news, Compass CEO Robert Reffkin is making waves, claiming NAR’s Clear Cooperation policy violates ethics codes and state laws. Meanwhile, Move’s data-theft lawsuit against CoStar hits a major roadblock, putting a spotlight on the tensions between these two giants. We’ll also unpack the Move class-action lawsuit, which is shining an uncomfortable light on the world of paid leads. On the market side, half of all home listings are now going stale, sitting unsold for 60 days or more. But there’s a glimmer of hope—buying a home has just become more affordable for the first time since 2020. Could this be the beginning of a market shift? We’ll also cover Fannie Mae’s prediction that 2024 could be the worst year for home sales since 1995—what does this mean for buyers and sellers? And with mortgage applications rising just 1% this week, the market remains in a delicate balance. Plus, we’ll dive into AI-driven real estate fraud as a South Florida man shares his near-miss experience with this emerging scam. Finally, Realtor.com’s new feature promises to answer the burning question on every buyer’s mind: "Is This the Best Deal on the Street?" With key insights from our special guests, this episode is one you don’t want to miss. Tune in today at 10 PST / 1 EST and join the conversation live on Clubhouse!
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Will the FED Drop Rates?! Are Secret Listings coming back?
09/18/2024
Will the FED Drop Rates?! Are Secret Listings coming back?
This week, we’re diving into the hottest headlines rocking the real estate world! Support for NAR’s Clear Cooperation Policy is plummeting as the pressure around pocket listings intensifies. Mauricio Umansky is even threatening to sue NAR over these growing concerns, signaling a major showdown in the industry. Meanwhile, the "Portal Wars" are heating up, with $1 billion in advertising driving massive competition among real estate portals—what does this mean for buyers, sellers, and agents? We also explore shocking allegations in a former NAR employee’s amended complaint, which details claims of discrimination and sexual harassment within the organization. And in a surprising turn of events, the owner of the infamous 'Billionaire Bunker' mansion is suing their realtor for not disclosing that Jeff Bezos was the buyer—what legal ramifications could this hold? Plus, we take a look at the latest real estate scams, including "The Wolf of West Virginia"—a TikTok scam targeting unsuspecting buyers. On the tech side, Zillow is stepping up with an AI-powered home search that could render traditional filters obsolete. How will this change the way we shop for homes? In economic news, the Fed is poised for its first rate cut in years after a hotter-than-expected CPI report. However, is it too soon to refinance your mortgage? Mortgage rates are falling, making housing payments more affordable than they were a year ago despite higher home prices. We’ll also cover the falling demand for second-home mortgages, which has hit an eight-year low, and what that signals for the luxury market. U.S. home prices rose by 0.5% in August, the largest increase in four months, while home listings are surging by over 60% in some cities. But despite builder sentiment improving as rates fall, affordability challenges persist, with existing home and pending sales at their lowest levels since the pandemic. What does all this mean for the future of the market? Tune in for all this and more as we break down the biggest real estate stories of the week. Subscribe, hit the bell for notifications, and join us live on Clubhouse!
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Frauds, Scandals, & an Economy in Shambles
09/04/2024
Frauds, Scandals, & an Economy in Shambles
This week’s episode is packed with hot-button issues shaking the real estate world. Agents are filing lawsuits against Move for allegedly selling “fake leads,” raising major concerns about lead generation practices. Meanwhile, the founder of the Sitzer lawsuit has launched a new startup, charging $49 per home tour—what does this mean for buyers and agents? Homie’s lawsuit against NAR and major brokerages has sparked a potential boycott of listings—how will this disrupt the industry? We also cover NAR’s bold move to fight the DOJ investigation all the way to the Supreme Court, BrightMLS’ decision to restrict data access, and whether we’re on the verge of a national MLS. Plus, despite falling mortgage rates, home sales remain sluggish as uncertainty around the NAR settlement and the upcoming election keeps buyers on edge. Mortgage refinance demand has surged 94% from last year as interest rates continue to fall, but what’s behind the increase? And with 6 out of every 7 people locked into a mortgage rate below 6%, we’ll explore how the “lock-in effect” is starting to ease. On the affordability front, we break down the latest data showing that homebuyers need to earn nearly $80,000 to afford the typical U.S. starter home—just shy of an all-time high. Plus, the typical down payment has skyrocketed to a record $67,500, up 15% from a year ago. We’ll also discuss the Bank of Canada’s latest interest rate cut and how Florida and Texas condo supplies are piling up amid soaring HOA and insurance costs. And finally, find out which five cities have the highest rents for one-bedroom apartments. Tune in today at 10 PST / 1 EST for all these stories and more. Subscribe, hit the bell for notifications, and join us live on Clubhouse for an unfiltered discussion!
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NAR & Stealth Commissions, Antitrust Chaos, & Kamala’s Glass Cannon!
08/21/2024
NAR & Stealth Commissions, Antitrust Chaos, & Kamala’s Glass Cannon!
Michael Ketchmark says, “We’ll be watching,” as stealth commission offers on lawns and key chains raise red flags across the industry. Meanwhile, NAR settlement class notices are heading to consumers, adding a new layer of transparency. ReAlpha’s “super app” teases commission-free buyer agency—could this be the future of real estate? Plus, we’ll discuss the antitrust lawsuit filed—and then withdrawn—by the Cassina Group against NAR and state Realtor associations. In leadership news, Nykia Wright has been named the permanent CEO of NAR, bringing fresh direction amid industry shifts. We’ll also break down Kamala Harris’ housing proposals and what her presidency could mean for the market. Home prices are ticking up, and mortgage rates have dropped to the lowest level in over a year, giving buyers a new edge. But what’s behind the drop in weekly mortgage refinance demand? And why are 8.5% of U.S. homes now worth over $1 million? Don’t miss out on these stories and more! Tune in today at 10 PST / 1 EST for sharp analysis, and join the conversation live on Clubhouse.
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Zillow’s Leadership Shakeup & The Lawsuit That Could Destroy NAR!
08/14/2024
Zillow’s Leadership Shakeup & The Lawsuit That Could Destroy NAR!
In this episode, we tackle the most pressing issues shaping the real estate landscape today. Michigan agents and brokers are taking the National Association of Realtors (NAR) to court, challenging the organization over antitrust concerns stemming from the recent commission settlement. We dive into what this lawsuit means for the industry and its potential ripple effects. Next, we explore the alarming statistic that 47% of online property inquiries are being ignored. In an era where digital engagement is critical, what does this say about the state of real estate marketing? We also introduce Zillow Group’s new CEO, Jeremy Wacksman, and discuss his vision for the company amidst a rapidly changing market. Plus, we share Gary Keller’s expert advice on navigating the recession and clearing up commission confusion—essential listening for agents and brokers alike. In market news, home prices continue to climb in 90% of metros, with Silicon Valley breaking the $2M ceiling. We’ll discuss what’s driving this growth and where the market might be headed next. On the investment front, fix-and-flip loans are going mainstream, attracting more investors into the market. What does this mean for housing availability and prices? Mortgage rates have dropped to their lowest level in over a year, prompting a surge in house tours. Could this be the sign that the housing market is heating up again? Meanwhile, the U.S. housing market is nearing a staggering $50 trillion in value, with the number of trillion-dollar metros doubling. What are the implications for buyers and sellers? For renters, there’s some good news: asking rents have fallen across all bedroom counts for the first time in four years. We’ll explore the factors contributing to this shift and whether it’s here to stay. Additionally, we discuss the decline in the share of wood-framed homes in 2023 and what this means for construction trends moving forward. In political news, we analyze what vice presidential candidate Tim Walz, a non-homeowner, has done for affordable housing. And finally, Amazon’s debut of a trio of tiny homes in response to the home affordability crisis is sparking interest—could this be a viable solution to the housing crunch? Don’t miss this episode of tWiRE as we break down these critical topics and more. Tune in today at 10 PST / 1 EST. Subscribe, hit the bell for notifications, and join the conversation live on Clubhouse.
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Zillow Gone Wild Sued, NAR Settlement Chaos, & the Rise of Renter Nation - What You Need to Know!
08/07/2024
Zillow Gone Wild Sued, NAR Settlement Chaos, & the Rise of Renter Nation - What You Need to Know!
Join us for today’s episode as we dive into the hottest real estate headlines. Zillow Gone Wild is facing a $300K copyright infringement suit from a real estate photographer, which could shake up the way property photos are used online. Consumer watchdogs are advising buyers to pay agents '2% or less' amidst shifting commission rates, with the typical buyer’s agent now earning 2.55% in commission—a decline since the NAR settlement announcement in March. With the big August 17 deadline approaching, the NAR settlement remains confusing for many, but NAR has rolled out resources to help sellers and buyers navigate these changes. In the past year, 10% of agents have switched brokerages, highlighting industry volatility. Meanwhile, America’s renter population is growing three times faster than its homeowner population due to rising homebuying costs. Despite lower mortgage rates, pending sales have posted the biggest year-over-year decline in nine months, indicating buyer hesitation. Mortgage rates have plunged to their lowest level in over a year following a weak employment report, spurring a 16% surge in weekly mortgage refinance demand and giving homebuyers nearly $30,000 in extra purchasing power over the past month. In a surprising twist, nearly 25% of Gen Z house hunters are willing to sacrifice safety to afford a home, according to a Redfin survey. Additionally, thousands more people are moving into fire- and flood-prone areas, driven by migration to states like Texas and Florida. Tune in today at 10 PST / 1 EST for a deep dive into these stories and more. Subscribe, hit the bell for notifications, and join us live on Clubhouse to share your thoughts and be part of the conversation.
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