Seasonal Housing Market Trends and Travel Credit Card Tips

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 14 August 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Learn how to take advantage of seasonal housing market trends and enjoy travel credit card rewards — even in small cities. 1:03 This Week in Your Money: Seasonal housing market trends can have a big impact on homebuying (or selling!), which is why NerdWallet data writer Liz Renter joins today’s episode to discuss the latest patterns. She talks with hosts Sean Pyles and Liz Weston about the fluctuating trends of home prices, inventory and sales, with a focus on how they’ve shifted over the past few years — including with the impact of the pandemic. They discuss how rising interest rates may influence the housing market in 2023 when it comes to prices, inventory and homeownership feasibility. The Nerds evaluate the pros and cons for buyers and sellers in the second half of 2023, including potential benefits of larger down payments and shorter mortgages. 10:57 Today’s Money Question: Travel Nerd Sam Kemmis joins Sean and Liz to answer a listener’s question about how to maximize the benefits of travel credit cards, particularly for those based in smaller cities with limited amenities. They discuss the perceived value of airport lounge access, when it makes sense to use points instead of paying cash and how to maximize benefits when flying out of smaller airports. They also offer insights into how to approach airline loyalty, and they wrap up the discussion by sharing their personal tips for traveling through small airports and small towns. 25:19 Takeaway Tips: In their conversation, the Nerds discuss: seasonal housing market trends, home prices, housing inventory, homebuying, home sales, mortgage loan interest rates, homeownership, the real estate market, travel credit card rewards, small airports, maximizing credit card benefits, travel tips, airport lounge access, frequent flyer miles, and buying flights with points instead of cash. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Travel credit cards can offer lucrative perks, like sign-up bonuses, shopping credits, and the ever-sought-after airport lounge access.
0:08.4	But are these cards still a good idea if you don't live in a place where all of the rewards are available?
0:13.9	We've got the answer this episode. Welcome to Nerd Wallet's Smart Money Podcast, where you send us your money questions and we answer them with the help of our genius nerds. I'm Sean Piles.
0:35.8	And I'm Liz Weston. Listener, send your money questions
0:39.2	our way, whether you're wondering how to buy a house right now, or if it's a good time to get an
0:44.2	electric vehicle, or maybe you aren't sure how to choose the right travel credit card for your
0:48.1	lifestyle. You can leave us a voicemail or text us on the nerd hotline at 901-730-6373. That's 901-730 N-N-E-R-D. You can also email us at
1:00.3	podcast at nerdwollet.com. This episode, Liz and I answer a listener's question about how to make the
1:06.2	most of a travel credit card when you live in a small city. But first, we're going to give you the scoop on the housing market.
1:12.5	After three years of pandemic-induced wonkiness, there are signs that the housing market
1:17.3	is returning to some old patterns.
1:19.9	So we're going to talk about that and what it means for you, whether you're hoping to buy
1:23.6	or sell a house this year.
1:25.4	And joining us for this conversation is another Liz,
1:28.8	NerdWallet data writer Liz Renter.
1:31.3	Liz recently wrote about these housing market trends for NerdWallet.
1:34.4	Welcome back to smart money, Liz.
1:35.9	Thanks, Sean.
1:36.7	I'm happy to be here.
1:38.0	Liz, over the past three years, we saw the housing market do some pretty wild things.
1:43.0	Prices shot up early in the pandemic.
1:45.1	The housing inventory shriveled up in some places and the regular seasonality of when
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from NerdWallet Personal Finance, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NerdWallet Personal Finance and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.