A Time of Housing Market Oddities | 1-Minute Market Update w/ Martin Perdomo

Prepare to navigate the ebbs and flows of the real estate seas as we explore the mortgage application surge—a nearly 10% swell to start 2024—and the curious rise in core inflation. As we chart these waters, you"ll gain insight into the transformative economic forces at play, understanding why median home prices are climbing and what"s causing the erratic behavior of interest rates.  This episode sails through the Mortgage Bankers Association"s latest findings, revealing significant shifts in mortgage applications and home inventory levels. We"ll capture the essence of the current market"s peculiarities and discuss the prospects of a potential flatline in the real estate market—a scenario that seems to defy the anticipated crash. Join us as we also share invaluable perspectives from the commercial real estate front, particularly in the apartment building sector, where opportune tides may be rising. Don"t miss out on these crucial tidbits that could be the compass for your investment decisions and the broader housing landscape. This episode is brought to you by Skilled Property Finders - Home of the 21 Day Close! We will close on your property in 21 days or less OR we'll pay an additional $5,000. Visit www.skilledpropertyfinders.com to find out more.Support the show