Byron Lazine, Lisa Chinatti, and Tom Toole discuss the Matt Ishbia UWM CEO interview, whether the market is still “savagely unhealthy,” and why Bright MLS is allowing $0 buyer broker commissions.
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Timestamps:
00:00–00:51 Intro
00:51 CNBC interview with optimistic UWM CEO Matt Ishbia
04:20 We actually don’t need the 10-year to come down….
09:29 REFIs are up this week to about 30% of all mortgage applications
11:45 The Feds have to get these rates lower fro regional banks.
18:24 Is the housing market “savagely unhealthy”? And for whom?
23:20 The impact of AI on the housing market and buying/selling process
28:40 Should buyer agency commissions be disclosed on the MLS?
28:40 Should buyer agency commissions be disclosed on the MLS?
39:06 1000Watt Agent Sentiment survey (week of May 29th, 2023)
41:01 The top reason agents are changing brokerages (1000Watt survey)
Show Resources:
https://www.cnbc.com/video/2023/07/20/refinancing-when-rates-drop-will-help-the-whole-economy-says-uwm-ceo-mat-ishbia.html
https://www.housingwire.com/articles/the-existing-home-market-is-still-savagely-unhealthy/
https://www.realestatenews.com/2023/07/20/bright-mls-to-allow-usd0-buyer-broker-commissions?utm_source=Real+Estate+News&utm_campaign=8141dbbf72-EMAIL_CAMPAIGN_2023_07_20_08_37&utm_medium=email&utm_term=0_02c652b510-8141dbbf72-%5BLIST_EMAIL_ID%5D
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Connect with Byron Lazine: https://www.instagram.com/byronlazine
Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/
Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/
#housingmarket #realestatemarket #homebuyers
