Ep. 156 - Why the Housing Market is NOT in a Bubble | Pt. 1
Are you worried about a housing bubble bursting? Don't be! In this episode, Quinton dives deep into the current state of the real estate market and explains why the housing market is NOT in a bubble, despite what many fear-mongering YouTubers and social media influencers want you to believe. Quinton breaks down the facts and data that prove the housing market is fundamentally sound, including the supply and demand dynamics that are driving the market, the current state of interest rates, and the Federal Reserve's monetary policy. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, this episode is a must-listen. You'll come away with a deeper understanding of the housing market, a clearer sense of where things are headed, and the confidence to make informed decisions about your own real estate journey.
[00:00 - 01:02] - Introduction
[01:03 - 02:35] - Where Are We Now?
[02:36 - 03:31] - Jacksonville MSA Explained
[03:32 - 05:35] - Industry Life Cycles
[05:36 - 08:47] - Fed's Influence on Economy
[08:48 - 11:40] - Housing Market Performance Comparison
[11:41 - 13:11] - Rate Projections and Forecasts
[13:12 - 16:12] - The Lock-In Effect
[16:13 - 19:28] - 10-Year Treasury and Spreads
[19:29 - 22:15] - Money Market Funds
[22:16 - 24:43] - Election Year Pullback
[24:44 - 27:49] - Interest Rate Forecast
[27:50 - 31:35] - Closing Segment
Key Quote:
“Facts over fear. If you're going to be purchasing a home and you're going to be making a major decision, arm yourself with the facts” - Quinton Harris
_______________________
Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.
Watch the podcast on Spotify for full video episodes, Q&As, and community polls!
Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.
Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.
Please subscribe, share, and leave a review to let us know you want to keep the content coming!