The eXp CEO Just Blamed THIS On The Housing Market | The Real Word 255

Byron Lazine and Nicole White discuss statements by eXp Realty founder Glenn Sanford and Compass CEO Robert Reffkin, the rise in consumer confidence, Jamie Dimon’s confidence in the U.S. consumer, and the redevelopment of unused office space as housing. Subscribe to the BAM YouTube channel: https://tinyurl.com/aatxhaka Subscribe to BAM Newsletter: http://eepurl.com/hZU-Vn Connect with Byron: Website: https://byronlazine.com Instagram: https://www.instagram.com/byronlazine Twitter: https://www.twitter.com/ByronLazine TikTok: https://www.tiktok.com/@byronlazine 5AM Call Sign-up: https://www.5amcall.com Newsletter here: https://byronlazine.com/subscribe Connect with Nicole White: https://www.instagram.com/nicolewhiterealtor/ This episode's sources: https://www.cnbc.com/2023/01/09/consumer-confidence-in-housing-rises-as-prices-fall.html https://www.inman.com/2023/01/09/exps-sanford-speaks-out-on-lull-in-agent-growth-executive-shakeup/ https://www.foxbusiness.com/real-estate/us-real-estate-monumental-opportunity-solve-housing-crisis-2023-expert https://www.foxbusiness.com/economy/jpmorgans-jamie-dimon-more-optimistic-us-consumer Timestamps: 00:00–02:33 Intro 02:33 Racket #1—eXp Founder Glenn Sanford Speaks Out on “Lull” (Inman) 07:08 Why has eXp’s agent count growth stopped? 14:29 Any CEO that blames the market… 15:08 Racket #2: Consumer confidence rises as prices drop (CNBC) 19:21 Despite mortgage rates around 6%, two out of five people still want to buy a home. 21:33 It all comes down to inventory. 24:16 Left, Middle, Right 24:33 #1—”Monumental opportunity to solve housing crisis in 2023” (Fox Business) 26:28 The issues involved in turning office space into housing 28:38 LMR #2—Jamie Dimon optimistic about the U.S. consumer (Fox Business) 29:06 The biggest argument against the consumer #realestatenews #realestatepodcast #realestateupdates