Let's Talk Housing Episode 21: The Lock-In Effect Is Back...
Description
This exciting episode entails current market news and updates, the lock-in effect, mortgage rates, home prices, portable mortgages, and much more.
Have questions? We're all ears! Share them in the Q&A or drop us an email at info@reportsonhousing.com for answers in upcoming episodes.
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Time Stamps:
00:00-Introduction
02:09-Current Market Update
04:54-Recent Economic Releases
08:51-Second Wave of Golden Handcuffs?
10:30-Are We In A Paralyzed Market?
12:04-Portable Mortgages
13:56-Can We Trust Mortgage Forecasts
15:26-Answers For Inventory Problem?
17:48-National Mortgage Payment At All-Time High
19:34-Older Generations Stuck In Place
22:18-Did STR Bans Help People Purchase Second Homes?
24:20-Bidding For Agents?
27:39-Can Prices Fall with forecasts Currently Positive?
29:30-Conclusion