The Housing Market Crisis: New President, Same Problems?


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Nov 14 2024 10 mins  

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Welcome back Family! In this episode of the "First Sip Podcast", we’ve got a lot to unpack! A new president is in office, and the Fed has just cut interest rates again. 🏛️ But what does all this mean for the housing market and our wallets? We break down how Trump’s return and the latest economic moves are impacting real estate, interest rates, and home prices.

We’ll discuss:
- The housing supply crisis: 5 million homes short and what (if anything) can be done to fix it.
- Why mortgage rates aren’t dropping as fast as we’d hope, even with the Fed’s recent rate cut.
- The future of home prices and whether we can expect any relief in 2024.

Plus, I share this week’s First Sip Tip on how to make sure your savings are in the best spot to capitalize on opportunities, and we dive into an epic content recommendation you don’t want to miss.

Stay tuned, stay curious, and as always, enjoy your first sip! ☕️

#HousingMarket #RealEstateUpdate #InterestRates #TrumpPolicies #FirstSipPodcast #StayCurious

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