This chapter explores the impact of mortgage rates on housing affordability, emphasizing their significance over home prices. It discusses the evolving landscape of real estate commissions following the NAR settlement and how these changes are influencing buyer-agent relationships and operational strategies for companies like Redfin and Zillow. Additionally, it highlights the competitive challenges these companies face in a low inventory market while navigating their financial health amid changing consumer sentiments.
The Department of Justice has some questions about Nvidia’s business.
(00:21) Jason Moser and Ricky Mulvey discuss:
- The subpoena that instigated the chip maker's selloff.
- A record amount of share repurchases by corporations.
- Earnings from Dick’s Sporting Goods and Dollar Tree.
(18:10) Motley Fool contributor Matt Frankel joins Ricky to take a look at real estate brokerages Redfin and Zillow, and discuss what lower interest rates mean for the industry.
Companies discussed: NVDA, GS, DKS, WMT, DLTR, RDFN, Z
Register for our live event in Denver, CO on September 18 here: https://www.meetup.com/biggerpockets/events/303028272/?utm_medium=referral&utm_campaign=share-btn_savedevents_share_modal&utm_source=link
Host: Ricky Mulvey
Guest: Jason Moser, Matt Frankel
Producer: Mary Long
Engineers: Dan Boyd, Chace Przylepa, Tim Sparks
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