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Buyers are finally funneling back to the housing market thanks to recently lower mortgage rates. But, we’ve still got a BIG housing problem to fix—undersupply. What’s President Trump’s plan to put more houses on the map? Freedom cities! By turning federal lands into high-tech hubs for workers, we may be able to solve our housing shortage. Is this possible, or are “freedom cities” just a far-off developer dream? We’re getting into this headline and all the others filling your newsfeed in today’s episode!
Home prices are about to PLUMMET…says one article for a select few property types. While much of this might be clickbait, James does think it’s time to scoop up some sweet property deals on second homes in hot vacation markets. With good value, economic weakness putting pressure on sellers, and long-term upside, this could be a solid move to make!
Want to pay even LESS to a real estate agent? That’s what everyone says, but it doesn’t seem like that’s what everyone wants as Redfin gets bought out by Rocket Companies. Is the low-cost real estate agent model finally about to bite the dust, or could Rocket turn things around, bringing buyers a whole new suite of low-cost services? Stick around; we’re sharing our thoughts!
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Read the Transcript Here
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In This Episode We Cover
- Trump’s plan to trade federal lands for “freedom cities” that could increase housing inventory
- Fed rate cut update: Should we still expect rate cuts sometime in 2025?
- Great news for real estate agents and lenders as sales accelerate thanks to lower interest rates
- One type of rental property that could be a killer deal in 2025 (in SOME markets)
- The end (or beginning) of Redfin as Rocket Companies buys out the low-cost-agent brokerage
- And So Much More!
Links from the Show
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
