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The Clark Howard Podcast

9.24.20 Housing market inventory is crazy low, driving up prices; Car insurance claim estimator

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 24 September 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

Fewer Americans are listing their homes for sale. And as interest rates continue to remain low, that is driving up home prices. Artificial intelligence is changing how we react after getting into a car accident. These tech developments will also majorly help adjusters do their work in a more efficient manner. Want more money advice? Sign up for Clark’s free daily newsletter! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.4

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0:07.0

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0:23.8

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0:26.6

Not investment advice, crypto trading involves risk of loss.

0:30.2

So glad you're with us here on the Clark Howard Show where it's about you and that quality yours.

0:42.1

I want you to learn ideas so you can keep more of what you have.

0:46.2

I want to make sure that you are aware when you go to make a decision on buying a home

0:54.6

about some very unusual distortions in the housing market.

1:00.6

And how they affect your decision making and buying a house.

1:06.5

People have become much more focused this year on buying a home as partially a place of comfort

1:17.0

following the disruptions emotionally and financially the dislocations that have come with coronavirus.

1:26.8

And so homes feel safe at a time that the world feels unsafe.

1:35.0

And so we've got people who've been more end-to-buying homes of late because of that.

1:41.4

The result is we have a historical imbalance.

1:47.0

Of homes for sale versus people that are interested in buying.

1:52.4

There have been certain other times in American history that that's been true.

1:57.5

This is the closest I can recall to a period of time post World War two where there was enormous demand for housing

...

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