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The Fox News Rundown

FOX News Rundown Extra: Buying? Renovating? What You MUST Know About This Wild Housing Market

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 5 June 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

The real estate market has been booming since the pandemic began with many people moving out of big cities and some even paying over the asking price for homes. With the demand to buy homes there's also been a shortage of key building supplies like lumber, making it even more costly to build or renovate homes. Recently on the FOX NEWS Rundown, host Jessica Rosenthal spoke to real estate expert and host of HGTV's Vacation House Rules, Scott McGillivray about the price of homes, growing supply chain concerns, what it's like filming a television during coronavirus and why he thinks if you want to build or buy your home you should do it now. The interview was too long and we could not include all of it in our original segment. On The FOX News Rundown Extra, you will hear our entire conversation with HGTV star Scott McGillivray hear more of his great advice for homeowners and those hoping to be homeowners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Bird's Eye Chicken Dippers.

0:05.0

Whether you like cooking or parenting podcasts, it's safe to say we've all got different tastes,

0:10.0

and that's fine.

0:11.0

So wherever you dip your chicken dippers in,

0:13.2

catch up, mayo or even gravy, it's all good.

0:16.6

If you're after a convenient and tasty mealtime or snack,

0:20.0

then pick up some bird's eye chicken dippers

0:22.3

at a major supermarket today.

0:24.4

For chicken worth dipping, it better be bird's eye.

0:31.0

This is the Fox News Run Down Extra.

0:34.0

I'm Jessica Rosenthal.

0:38.0

This week we spoke to real estate expert and H.G. TV host Scott McGilvery

0:42.0

about the housing market.

0:43.2

If you're in the market for a new home or are thinking about renovating, the pandemic

0:47.2

may have influenced your thinking in new ways.

0:50.3

But the pandemic also contributed to supply chain issues and prices for homes are through the roof.

0:54.8

So are prices for materials to build those homes.

0:57.4

We talked to Scott about what it's meant for the market and what it means for potential buyers

1:01.3

and would be renovators.

1:03.2

We often have to cut interviews down for time during the week,

1:05.5

but we thought you might like to hear this full interview,

1:08.1

especially his story about renting a portable sawmill.

...

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