WeWork goes bankrupt, shopping for a home is deemed a “dangerous” thought, and Zillow inventory has a hearth sale due to the latest NAR lawsuit verdict. In different phrases, it’s simply one other day within the 2023 housing market. Didn’t have time to make amends for the information? Don’t fear; we’ll get you on top of things on the whole lot occurring on the earth of actual property and the way YOU can benefit from this rocky market.
First, we’ll discuss how the NAR lawsuit verdict despatched ripples all through the economic system, sending actual estate-related inventory costs approach down for firms like Zillow, Compass, and Redfin. This verdict may imply a devastating blow to brokerages throughout the nation, so what is going to the way forward for shopping for and promoting be like? Subsequent, we talk about business actual property‘s steady slog and why high business executives count on an even SLOWER 2024. However there’s some excellent news for consumers…
And in case you love little places of work and coworking areas, we’re sorry as a result of WeWork filed chapter earlier this month because the workplace area will get battered. Lastly, we’ll end with a latest headline about how HALF of America thinks now’s a BAD time to purchase actual property. Are they flawed? Are they dangerous at math? Do you have to nonetheless be shopping for? We’ll reply all that and extra on this episode!
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In This Episode We Cowl:
- The NAR lawsuit’s ripple results that may have an effect on all the actual property business
- Industrial actual property’s gross sales hunch and why 2024 may carry even higher offers
- Why WeWork Received’tWork and what their huge chapter means for the workplace area
- America’s ongoing housing market pessimism and why shopping for with excessive mortgage charges ISN’T such a nasty thought
- And So A lot Extra!
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