Is HOUSING finally CRASHING? Why has the spring market stalled?

Welcome to another episode of "This Week in Real Estate"! In this week's episode, we dive into the latest industry news and trends affecting homebuyers, sellers, and real estate professionals alike.
*Topics Covered:*
1. *Judge Approves Keller Williams, Anywhere, RE/MAX Settlements:* Discover the implications of this major legal decision on the real estate industry.
2. *Sitzer Judge Indicates Support for Proposed NAR Settlement:* Get the latest updates on the National Association of Realtors' proposed settlement.
3. *1,500-Agent Tennessee Real Estate Brokerage Joins Compass:* Learn about the newest addition to Compass and its potential impact on the market.
4. *Record-High Monthly Payments Chill Spring Selling Season:* Explore how rising monthly payments are affecting the spring selling season and the potential for activity to pick up with declining rates.
5. *Mortgage Demand from Homebuyers Drops:* Analyze why mortgage demand is decreasing despite interest rates pulling back to April lows.
6. *Down Payments Averaging $26,000 - The Highest Q1 Level on Record:* Understand the trends behind the increasing down payment amounts in Q1.
7. *Investor Home Purchases Rise for the First Time in Nearly Two Years:* Examine the resurgence in investor home purchases and what it means for the market.
8. *Demand for Vacation-Home Mortgages Fell 40% in 2023:* Delve into the factors behind the significant drop in demand for vacation-home mortgages.
Join us live on RUclips, Instagram, LinkedIn, Facebook, and Clubhouse for an engaging discussion on these topics and more. Don't forget to like, comment, and subscribe for more real estate updates!
______________________________
💬 Join the tWiRE Community: chat.whatsapp.com/B5WWEafN3IV...
______________________________
___________________
THE RUNDOWN
___________________
0:00 - Intro & much maligned banter.
5:00 - Judge approves Keller Williams, Anywhere, RE/MAX settlements
7:43 - Sitzer judge indicates his support for proposed NAR settlement
17:30 - 1,500-agent Tennessee real estate brokerage joins Compass
23:06 - Record-High Monthly Payments Chill Spring Selling Season-But Declining Rates Could Boost Activity
34:00 - Mortgage demand from homebuyers drops even as interest rates pull back to April lows
35:46 - DOWN PAYMENTS AVERAGING $26,000, THE HIGHEST Q1 LEVEL ON RECORD
46:00 - Investor Home Purchases Rise for the First Time in Nearly Two Years
49:50 - Demand For Vacation-Home Mortgages Fell 40% in 2023 As Housing Costs Rose to Record High
__________________________
-- SOURCED ARTICLES --
__________________________
* www.inman.com/2024/05/09/judg...
* www.inman.com/2024/05/14/sitz...
* www.inman.com/2024/05/13/1500...
* www.redfin.com/news/housing-m...
* www.cnbc.com/2024/05/15/mortg...
* nowbam.com/down-payments-aver...
* www.redfin.com/news/investor-...
* www.redfin.com/news/vacation-...

[@jerrydawg4434]

Stalled? Prices are still up, nothing to buy and you can't offer enough over asking.

[@mdnahidseo]

U need a professional RUclips thumbnail designar and video SEO expert?