1697: Are We In a Real Estate Bubble? Housing Trends, Forecast and Advice for Buyers

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 17 July 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

With a frozen housing market and a lack of housing supply, what's the best way to navigate the housing market? Should you become a lifestyle renter? Guest Daryl Fairweather is a trusted source in the real estate market. As a female, millennial, and woman of color, Daryl brings a fresh perspective to housing topics and economics. She shares insights into what's driving the current housing market, where prices may go in the future and the long-term trends are affecting housing.

Transcript

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0:00.0	So money episode 1697 are we in a real estate bubble my conversation with
0:05.5	Darrell Fairweather chief economist Ed Redfin about housing trends her
0:09.8	forecast for real estate and advice for buyers.
0:13.2	You're listening to So Money
0:16.2	with award-winning money guru Farnu Shkorabi.
0:19.0	Each day get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnus herself.
0:28.0	Looking for ways to save on gas or double your double coupons?
0:32.0	Sorry, you're in the wrong place.
0:34.0	Seeking profound ways to live a richer, happier life.
0:38.0	Welcome to So Money.
0:40.0	If you're trying to wait it out for prices to fall, that's probably not going to happen.
0:46.0	I think mortgage rates actually will come down between now and the end of the year.
0:50.0	But what will happen is that when mortgage rates fall fall everyone will rush into the market and
0:54.4	bid up prices.
0:56.1	Welcome to So Money, everybody.
0:57.3	I'm Farnish Terabi.
0:58.9	Our guest today calls the current housing market frozen, a lack of housing supply, rising interest rates,
1:05.2	rising prices, is there any silver lining to the current real estate market?
1:10.0	And where will things go in the fall when our guest Darrell Fairweather, chief economist
1:14.8	Ed Redfin predicts interest rates will fall, but is that good news or bad news for buyers?
1:19.9	Darrell is a trusted source in the real estate market.
1:22.6	She's a woman, a woman of color, a millennial.
	...

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