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A Surge in Single-Family Home Construction | 1-Minute Market Update w/ Martin Perdomo

Wealthy AF Podcast
Wealthy AF Podcast
Episode • Jul 19, 2024 • 5m

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Is the housing market crashing or just shifting gears? Tune in to this week's real estate update for a deep dive into the latest housing market trends. We're breaking down the numbers on home loan applications, online house searches, and average home prices to uncover potential market shifts.

Discover why housing inventory is on the rise, what it means for buyers and sellers, and how long homes are staying on the market. Plus, we'll explore the rebound in single-family home building after a recent slump. Learn about the challenges facing builders, including rising mortgage rates, construction costs, and labor shortages.

Get expert insights on the potential impact of interest rate cuts and how they could shape the future of the housing market. Whether you're a seasoned investor, first-time homebuyer, or simply curious about real estate, this episode is packed with essential information to help you make informed decisions.

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