MovotoMic

Movoto

Welcome to the MovotoMic, where we explore the people behind the scenes of real estate. From proptech entrepreneurs to agents and investors, we uncover their stories and insights to help you navigate the world of real estate. Whether you're just starting out or a seasoned pro, join us for engaging conversations that offer valuable perspectives and advice. Follow us @movotorealestate for updates on upcoming guests and episodes!

  1. 10/31/2024

    Election Anxiety and the Housing Market: Key Trends and Opportunities

    In this episode, we explore the impacts of the 2024 election on the U.S. housing market with expert insights from real estate expert, Jeremiah Taylor (JT). Key topics include election-year housing trends, affordability challenges, rising mortgage rates, and how current policies from the Harris and Trump campaigns could reshape the real estate landscape. JT offers an in-depth look at the market dynamics influencing buyers and sellers during this time of uncertainty, emphasizing the importance of timing and market conditions for those navigating today’s real estate challenges. For more updates follow us on our facebook and instagram ⁠⁠⁠⁠⁠⁠⁠⁠⁠@movotorealestate ⁠⁠⁠⁠⁠⁠⁠⁠⁠and check out our website ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.movoto.com/ Articles Covered: Headline: What happens to the housing market in an election year? Author: Jeff Ostrowski Publication: AOL Link: https://www.aol.com/finance/happens-housing-market-election-180000770.html Author: Alena Botros Publication: Yahoo Finance  Link: https://finance.yahoo.com/news/election-anxiety-is-stalling-the-housing-market-agents-and-mortgage-lenders-say-181010852.html Author: Frances Nguyen Publication: Shelter Link: https://shelterforce.org/2024/10/22/housing-groups-weigh-in-on-harriss-and-trumps-housing-plans/ Author: Sally Ho and Alex Veiga, Associated Press Publication: The Hill Link: https://thehill.com/homenews/ap/ap-business/ap-housing-on-the-ballot-harris-trump-push-different-plans-for-tackling-housing-affordability-crisis/ Author: Matt Carter Publication: Inman Link: https://www.inman.com/2024/10/28/mortgage-rates-back-at-7-as-bond-market-investors-stage-rebellion/ Headline: U.S. housing market is on the 'verge of a vicious cycle,' which is 'not good for America,' Lennar Mortgage head warns Author: Aarthi Swaminathan Publication: Market Watch Link: https://www.marketwatch.com/story/u-s-housing-market-is-on-the-verge-of-a-vicious-cycle-which-is-not-good-for-america-lennar-mortgage-head-warns-07307adb Headline: Mortgage rates will be high throughout 2025 even as the Fed lowers borrowing costs, Goldman Sachs says Author: Kelly Cloonan Publication: Business Insider Link: https://www.businessinsider.com/mortgage-rates-2025-fed-interest-rate-cuts-goldman-sachs-2024-10

    36 min
  2. 10/25/2024

    Unlocking the Future of Real Estate: Gen Z, Mortgage Rates, and Market Trends

    Episode Description: Join us as we break down the biggest real estate headlines shaping the market right now! In this episode of The Movoto Mic, we’re breaking down the latest real estate headlines with real estate journalist, James Rodriguez. We’ll dive into the impact of rising mortgage rates, discuss how first-time homebuyers are navigating the market, and explore what Gen Z’s entrance means for the future of homebuying. Tune in as we read and analyze the biggest news shaping the housing market, and get expert insights on what to expect in 2024. Guest Bio: James Rodriguez is a Senior Real Estate Reporter at Business Insider, where he covers national housing market trends, mortgage rates, and generational shifts in homebuying. With years of experience reporting on real estate, James offers sharp insights into the biggest challenges and opportunities facing the market today. His expertise spans topics like the "lock-in effect," rising mortgage rates, and how younger generations, including Gen Z, are stepping into the housing market. In this episode, he brings a wealth of knowledge to help listeners navigate the ever-evolving real estate landscape. Key Takeaways: Rising Mortgage Rates Are Here to Stay Mortgage rates are expected to hover around 6%, impacting affordability for first-time buyers and forcing both buyers and sellers to adjust to a new normal in the housing market. Gen Z is Entering the Housing Market Gen Z homebuyers are starting to make waves, and their growing presence will play a significant role in driving demand and shaping future market trends. The "Lock-In Effect" is Slowing Market Turnover Homeowners with low pandemic-era mortgage rates are reluctant to sell, leading to reduced housing inventory and slower market turnover, particularly in the luxury sector. First-Time Homebuyers Face a Challenging Market While inventory has increased slightly, affordability and competition remain hurdles for first-time buyers, though opportunities are emerging as rates stabilize. 2024 Will See Gradual Market Adjustments With pent-up demand and shifting generational buying patterns, the housing market will likely see slow but steady changes, especially as more inventory becomes available and Gen Z continues to enter the market. Resources: Freddie Mac Housing Outlook for Late October 2024 Author: Freddie Mac Staff URL: https://www.freddiemac.com/research/forecast/20241018-us-economy-remains-strong Mortgage Rates Were Supposed to Come Down. Instead, They're Rising. Author: Laurel Wamsley URL: https://www.npr.org/2024/10/18/g-s1-28576/mortgage-rates-housing-market-home-buying-selling Jerome Powell Has Accidentally Jammed the Property Market—Especially for the Ultrarich Author: Eleanor Pringle URL: https://fortune.com/2024/10/18/housing-market-jerome-powell-fed-mortgage-rates/ Mortgage Rates Bounce to July Levels on Inflation Worries Author: Matt Carter URL: https://www.inman.com/2024/10/21/mortgage-rates-bounce-back-to-july-levels-on-inflation-worries/ Housing Market Shift: Six Major Markets Where Home Prices Are Falling Author: Lance Lambert URL: https://www.fastcompany.com/91213419 The CoreLogic Case-Shiller Home Price Index Articles by James Rodriguez, Business Insider Author: James Rodriguez URL: https://www.businessinsider.com/author/james-rodriguez For more updates follow us on our facebook and instagram ⁠⁠⁠⁠⁠⁠⁠⁠@movotorealestate ⁠⁠⁠⁠⁠⁠⁠⁠and check out our website ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.movoto.com/

    28 min

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About

Welcome to the MovotoMic, where we explore the people behind the scenes of real estate. From proptech entrepreneurs to agents and investors, we uncover their stories and insights to help you navigate the world of real estate. Whether you're just starting out or a seasoned pro, join us for engaging conversations that offer valuable perspectives and advice. Follow us @movotorealestate for updates on upcoming guests and episodes!