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© Mark Salib
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Mark Salib is a Real Estate Professional, Advisor, and Investor. Co-founder of The Salib Group with his wife Ana, they are licensed Florida Realtors who use their expertise to help people find their dream homes and make wise investment choices to grow their wealth. The Real Estate Market Minute podcast provides you with the latest housing market news and trends, and gives you Mark’s industry knowledge and expertise to give YOU the confidence to buy and sell. Gain an edge on the real estate market today!
Email mark@thesalibgroup.com
Instagram @thesalibgroup
Email mark@thesalibgroup.com
Instagram @thesalibgroup
102 Episodes
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Rent prices nationwide are finally finding their footing. The stabilized rental market showed a small increase year over year much more in line with the norm. But is it really still affordable? Today’s show looks at a major study of 100 metropolitan locations in the U.S. to determine where rents are and just what might happen from here on out.
March existing home sales drop although the median price of a home actually rose nationally. I go over the numbers and explain why I think existing homes are selling at a slower pace than a month ago and even a year ago.
The Federal Reserver Chairman Jerome Powell confirmed what I’ve been speculating over the last few weeks; that interest rates will mostly likely remain higher for a long time. I go over what I think this higher rate environment will mean for the future of the housing market and what impact it may have to inventory and new construction as well.
There are only 14 U.S. states where you can buy a home if you earn less than $75,000 in income per year. I reveal the list and explain why this statistic is so significant in a few different ways.
JP Morgan makes the case that higher interest rates are actually driving inflation even higher. I explain why they think this is the case and could it cause the Federal Reserve to pivot and lower interest rates sooner rather than later? Learn more at https://remarketminute.com
After the hot CPI print this morning, and more and more evidence the economy is strengthening, I am taking on a new stance when it comes to how many interest rate cuts we should expect from the Federal Reserve in 2024. Learn more at https://remarketminute.com
Hiring for residential construction jobs is reaccelerating at a rapid rate. We are seeing the highest number of jobs in this sector that we have not seen in a long time. Why is this happening and what does it say about what the homebuilders think about the future of the real estate market? I go into the numbers and tell you what it means for the housing market.
On March 15th, the National Association of Realtors (NAR) agreed to settle the Sitzer/Burnett case. The changes to the real estate industry are set to take effect in July 2024. I discuss what it means not just for the real estate industry but what it could also mean for the real estate market going forward.
According to realtor.com April is the best time to sell your home as buyer demand increases significantly during this time of year. I go over why they think that is and also I give you my opinion on if you should sell your home now or wait.
The Baby Boomer generation, which was once thought to bring a large supply of housing inventory to the market as they downsize and/or relocate closer to children and grandchildren, has decided not to comply. Instead, they are not selling their homes and deciding to age in place instead. A new Redfin study finds this trend is here and in my opinion could be here for a long time. I discuss this and the significant implication it could have on the future of the U.S. housing market.
Some recent data shows just how many homeowners have a 30 year-fixed mortgage rate under 5%. The data is compelling and indicates several trends we should see in 2024 regarding the U.S. housing market.
Demand for financing a home with a mortgage and refinancing existing mortgages both slowed over the past week according to The Mortgage Bankers Association’s (MBA’s) weekly reading. Does it mean the real estate market is in for a slow down? I think quite the opposite is coming and I explain why in today’s show.
The Census Bureau came out with their latest data on population and migration trends. On this show I reveal the top counties folks are moving into and the top counties folks are moving out of within the United States. These trends can indicate where housing demand will remain strong going forward.
The Federal Reserve released their latest statement and Federal Reserve Chairman Jerome Powell spoke to the media afterwards. Today I discuss their latest decision, what it is significant, and what other clues we can ascertain from the media session as it relates to mortgage interest rates, the housing market, and the future of rates as well.
The National Association of Homebuilders (NAHB) index rose to positive territory for the first time in nearly a year, signaling that Homebuilders are more confident than they have been since last July. I go over how this is a significant tell for the future of the housing market.
All-Cash buyers are now at the highest level in a decade. Why are there so many more cash buyers than ever before? I go over this, which metros in the U.S. saw the highest cash buyers, and what it means for these areas and their respective real estate markets going forward.
More data has come in suggesting where mortgage rates may trend in the coming months and 2024. I go over what one analyst thinks and why I think his prediction of the 30 year-fixed mortgage rate may be accurate, and what it should mean for the housing market and your investment thesis going forward.
Rental Housing Economist Jay Parsons @jayparsons put out a tweet recently that explains why we should not just be looking at asking rents but in-place rents as well. What is the data telling us about the rental market? I go over the national rental market, discuss the hottest and coldest rental markets in the U.S. and explain why this is very important factor in determining the future of interest rates.
Lennar Corp and Invitation Homes CEO’s discussed the U.S. housing shortage and what they are looking to do for the future of home building and how technology will play a major role going forward.
According the National Association of Homebuilders latest “What Home Buyers Really Want” study, buyers are looking for better and more specific features to a home instead of a larger home. I discuss what this survey reveals and what it means for you as an investor, homebuilder, and developer navigating today’s housing market.
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