HOUSING RESET?? Mortgage Demand Plunges, Rents Fall, and Home Starts Collapse!
Description
This week on This Week in Real Estate (tWiRE), we're unpacking a whirlwind of industry headlines that could reshape how agents, brokers, and buyers navigate the market.
📰 INDUSTRY TEA:
• Realtor.com goes scorched earth on private listings, saying agents are on the "wrong side of history."
• Sharran Srivatsaa joins Alex Hormozi's Acquisition.com in a power move that's making waves across business circles.
• A new crypto scam is targeting real estate agents—we break down how it works and how to protect yourself.
• Opendoor agrees to a $39M settlement over its controversial pricing algorithm.
• Legal fights heat up: Home sellers try to keep lawsuits alive against eXp and Weichert, and Keller Williams faces a new telemarketing suit.
• Real estate giant Anywhere slashes its 2025 earnings outlook by 10% as the market cools.
📉 MARKET WATCH:
• Homebuilder sentiment is crashing toward pandemic-era lows.
• Down payments are shrinking for the first time in nearly 2 years.
• JPMorganChase calls housing affordability "historically low."
• Rent prices continue falling, and mortgage demand is down—despite the lowest rates since April.
• A third of Baby Boomers say they'll never sell their home.
• Multifamily construction collapses, dragging housing starts down.
• Plus, what's with this wild new "Nest Egg" idea? Could it actually be the future of homeownership?
🎯 Whether you're an agent, investor, or just trying to make sense of today's housing chaos—this episode cuts through the noise.
👇 Subscribe, share, and drop your hot take in the comments!
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