Jan 24 2024 41 mins 1
This exciting episode entails current market news and updates, how we ended up with today's market, setting and facing proper expectations, mortgage rate movements, ADUs, and much more.
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Time Stamps:
00:00-Introduction
03:38-Current Market Update
08:37-YOY Statistics
10:52-Has The Luxury Market Changed?
13:01-Recent Mortgage Rates
17:55-Mortgage Applications Increase 9% WOW
19:49-Are Bidding Wars Back?
22:03-Airbnb Bust & Shadow Inventory
24:40-Rates During The Pandemic To Blame For Today?
27:16-Setting Proper Expectations
29:58-Facing Expectations
32:03-ADU's For Sale
34:13-Office Vacancies Reach Record High
37:17-Boomers With The Upper Hand
39:28-CaliforniaTax On People Leaving The State
41:09-Conclusion
