Artwork

Contenuto fornito da Accelerated Real Estate Investor Podcast. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Accelerated Real Estate Investor Podcast o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Player FM - App Podcast
Vai offline con l'app Player FM !

The Future of Real Estate Investing: Opportunities and Challenges Ahead with Daren Blomquist.

27:59
 
Condividi
 

Manage episode 382351869 series 2859771
Contenuto fornito da Accelerated Real Estate Investor Podcast. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Accelerated Real Estate Investor Podcast o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

About The Guest: Darren Blumquist is the VP of Market Economics at auction.com. He is an expert in real estate market trends and provides valuable insights into the state of the economy and real estate investing. Summary: Darren Blumquist joins host Josh Cantwell to discuss the current state of the economy and real estate investing. They highlight some key statistics, including the lowest affordability for single-family home purchases since 1985, the lowest inventory ever recorded, and rising home prices. They also discuss the challenges faced by home builders due to the high cost of construction materials. Darren emphasizes the need for a correction in home prices to address the affordability issue. They also touch on the potential risks of a recession and the impact of buyer behavior on the auction.com platform. Key Takeaways: • Affordability for single-family home purchases is at its lowest level since 1985. • Inventory is at its lowest point ever, with a 40% decline since 2017. • Home prices have been rising due to the lack of supply. • The cost of construction materials is making it difficult for builders to deliver new homes and apartments. • The Federal Reserve's policies are pushing the market towards a breaking point. • Home prices may need to drop, interest rates may need to decrease, or incomes may need to rise to address the affordability issue. • The risk of a recession is high, with the yield curve inverted and other potential triggers. • Buyer behavior on the auction.com platform has become more conservative, with a focus on adding value through renovations. Quotes: • "We're in a market where something needs to break." - Darren Blumquist • "The most obvious path out of this is for prices to correct." - Darren Blumquist • "The distressed market is a little bit more insulated from the retail market." - Darren Blumquist

  continue reading

524 episodi

Artwork
iconCondividi
 
Manage episode 382351869 series 2859771
Contenuto fornito da Accelerated Real Estate Investor Podcast. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Accelerated Real Estate Investor Podcast o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

About The Guest: Darren Blumquist is the VP of Market Economics at auction.com. He is an expert in real estate market trends and provides valuable insights into the state of the economy and real estate investing. Summary: Darren Blumquist joins host Josh Cantwell to discuss the current state of the economy and real estate investing. They highlight some key statistics, including the lowest affordability for single-family home purchases since 1985, the lowest inventory ever recorded, and rising home prices. They also discuss the challenges faced by home builders due to the high cost of construction materials. Darren emphasizes the need for a correction in home prices to address the affordability issue. They also touch on the potential risks of a recession and the impact of buyer behavior on the auction.com platform. Key Takeaways: • Affordability for single-family home purchases is at its lowest level since 1985. • Inventory is at its lowest point ever, with a 40% decline since 2017. • Home prices have been rising due to the lack of supply. • The cost of construction materials is making it difficult for builders to deliver new homes and apartments. • The Federal Reserve's policies are pushing the market towards a breaking point. • Home prices may need to drop, interest rates may need to decrease, or incomes may need to rise to address the affordability issue. • The risk of a recession is high, with the yield curve inverted and other potential triggers. • Buyer behavior on the auction.com platform has become more conservative, with a focus on adding value through renovations. Quotes: • "We're in a market where something needs to break." - Darren Blumquist • "The most obvious path out of this is for prices to correct." - Darren Blumquist • "The distressed market is a little bit more insulated from the retail market." - Darren Blumquist

  continue reading

524 episodi

Tutti gli episodi

×
 
Loading …

Benvenuto su Player FM!

Player FM ricerca sul web podcast di alta qualità che tu possa goderti adesso. È la migliore app di podcast e funziona su Android, iPhone e web. Registrati per sincronizzare le iscrizioni su tutti i tuoi dispositivi.

 

Guida rapida

Ascolta questo spettacolo mentre esplori
Riproduci