4.8 • 692 Ratings
🗓️ 3 October 2023
⏱️ 60 minutes
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0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything |
0:07.8 | real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy, joined by my |
0:13.9 | co-host, Danielle. Let's get right into this episode. Hello, and welcome to the Ken McRoy show. |
0:20.1 | I'm your host, De, Danielle, here with Ken. |
0:22.5 | What's happening, everybody? First, we're going to go over your Twitter question of the week. |
0:26.4 | All right. You asked, how do you think the current real estate market challenges compared to the |
0:30.7 | 2008 crisis, which is a very good question. Jerry says things are taking more time to play out. |
0:38.5 | Time will tell. |
0:39.9 | Well, that's for sure. |
0:41.2 | The one thing that's consistent are the banks. |
0:45.9 | So, you know, the banks are pulling back hard. |
0:49.3 | So underwriting's harder. |
0:51.1 | You know, that definitely happened. |
0:53.2 | One thing, one of the big things that's |
0:55.4 | different is that on the residential side, we're not seeing the number of defaults, of course. |
1:01.9 | We're not, but you know, I am starting to see a lot of homes piling up in Scottsdale. |
1:08.0 | Yeah, listings. Piling up, I don't mean, you know, a ton, but like compared to what it was even a couple |
1:12.5 | months ago, it's definitely starting to get more stagnant. |
1:15.7 | Listings are definitely up. |
1:17.7 | That, you know, I like, you guys know, I like to do those lag videos, you know, where |
1:23.1 | you drop a pebble and you see the rings as they come out. |
1:29.9 | I'm impatient, just like all of you. |
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