The value of the US dollar is declining, and it's now trading at levels we haven't seen since before the pandemic.

And this matters for real estate investors and the industry as a whole.

This may not be as sexy or as flashy as mortgage rate changes, but this is a big change in the investing climate that will impact your portfolio.

Today, I'll explain how.

Hey everyone, it's Dave and welcome to On the Market.

We created this show to help real estate investors, real estate agents, loan officers, and everyone else even just

interested in real estate understand how recent data and macroeconomics impact our industry.

Currency is not really something we talk a lot about. Because honestly, the dollar has been

really strong since we first started airing this show back in April of 2022.

But that trend is changing.

The dollar had its worst first half of the year since 19 to 73, and although that does sound worse than it is, because the dollar is still relatively strong, subtle shifts in the value

of the US dollar can have really big impacts on the US economy. And I'm talking huge impacts.

And that includes real estate, even if those impacts aren't so immediately obvious.

So in today's episode, we're going to dive into this important shift.

I'm going to explain some background context about what a weak or a strong U.S. dollar even means

in the first place.

Why the dollar's value fluctuates, what's happening recently.

But this won't just be an econ lesson, I promise.

I will spend the majority of the time talking about what changes to the dollar's value

means for real estate valuations, for interest rates, and more. So let's do this. Okay, first up,

we've got to get some context about this whole dollar value thing because it's not really

the most intuitive thing about economics. What you need to know on the highest level is that

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