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High home prices AND high home supply? What is going on?!
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What in the world is happening? This doesn't make any sense! SUPPLY is up AND home PRICES are up?? How does this happen?
Join us this week on the podcast as we unpack the latest real estate headlines that are making waves! Discover the buyer behind REcolorado as legal battles and questions continue to swirl. We'll delve into the recent censure of CoStar over claims in their Homes.com ads and celebrate Real Brokerage marking its 10th anniversary with a significant milestone. We’ll also discuss the lawsuit from Realtor.com’s parent company Move, accusing CoStar of stealing trade secrets.
Are there really too many homes for sale? We’ll explore why that’s not quite the case, even as housing prices rise amidst increasing supply. Learn why permits to build U.S. apartments have dropped nearly 30% since the pandemic and how the share of smaller home lots has reached a new high. Discover new homebuyer opportunities emerging in the market and get the latest on framing lumber prices.
Plus, we’ll talk about why the pool party might be over as Americans pull back on backyard upgrades and why San Francisco’s office vacancies are hitting all-time highs despite the AI boom in Silicon Valley.
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