In this episode, we dive into the latest data showing that home prices hit a record high in June, marking the most unaffordable housing market in history. With prices increasing 5.4% nationally compared to last year, many first-time and moderate-income buyers are being priced out of the market. We’ll explore the factors driving this affordability […]
House Prices Skyrocket To Record Highs! Read More »
In this episode, we dive into the latest data showing that home prices hit a record high in June, marking the most unaffordable housing market in history. With prices increasing 5.4% nationally compared to last year, many first-time and moderate-income buyers are being priced out of the market. We’ll explore the factors driving this affordability
House Prices Skyrocket To Record Highs! Read More »
In this episode, John Schink of Deerwood Realty explores the difficult decision many Americans face: taking hardship withdrawals from their 401(k) plans to avoid foreclosure or letting the bank take the house. Despite a strong economy, many are financially stressed due to high housing costs and rising interest rates. We analyze the implications of these
Pull out 401k or let the house go into FORECLOSURE? Read More »
In this episode, John Schink of Deerwood Realty explores the difficult decision many Americans face: taking hardship withdrawals from their 401(k) plans to avoid foreclosure or letting the bank take the house. Despite a strong economy, many are financially stressed due to high housing costs and rising interest rates. We analyze the implications of these
Pull out 401k or let the house go into FORECLOSURE? Read More »
In this episode of Deerwood Realty, John explores the “housing market lock-in effect” and its far-reaching impacts on both current homeowners and aspiring buyers. According to Bank of America economists, the housing market will remain “stuck” until at least 2026, with home affordability unlikely to improve without a recession. We’ll delve into the factors driving
When Will The “Lock In” Effect End? Read More »
In this episode of Deerwood Realty, John explores the “housing market lock-in effect” and its far-reaching impacts on both current homeowners and aspiring buyers. According to Bank of America economists, the housing market will remain “stuck” until at least 2026, with home affordability unlikely to improve without a recession. We’ll delve into the factors driving
When Will The “Lock In” Effect End? Read More »
In this episode, John examines the latest report on pending home sales, which have plummeted to their lowest level since 2021. We’ll analyze the factors driving this decline, its implications for buyers and sellers, and what to expect in the housing market moving forward. Join us for an in-depth discussion on current trends and strategic
Pending Home Sales Plummet …. Why? Read More »
In this episode, John examines the latest report on pending home sales, which have plummeted to their lowest level since 2021. We’ll analyze the factors driving this decline, its implications for buyers and sellers, and what to expect in the housing market moving forward. Join us for an in-depth discussion on current trends and strategic
Pending Home Sales Plummet …. Why? Read More »
In this episode of the Deerwood Realty Show, John dives into a recent Twitter exchange with a self-proclaimed housing crisis “guru.” The guru accused John of lying about receiving multiple offers on his last listing, using misleading national charts to back his claim. John discusses his confusion about how to prove he had the offers
Gurus vs Reality … When Internet Experts Get It WRONG! Read More »
In this episode of the Deerwood Realty Show, John dives into a recent Twitter exchange with a self-proclaimed housing crisis “guru.” The guru accused John of lying about receiving multiple offers on his last listing, using misleading national charts to back his claim. John discusses his confusion about how to prove he had the offers
Gurus vs Reality … When Internet Experts Get It WRONG! Read More »
