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On The Market

“Technical” Recession is Imminent: Is the Housing Market Safe? w/J Scott

Apr 28, 2025
47:17

Podcast summary created with Snipd AI

Quick takeaways

  • The current economic uncertainty is causing a stagnation in the housing market, with both buyers and sellers hesitant to engage in transactions.
  • Despite fears of a downturn, the real estate market is supported by a significant undersupply of housing and strong homeowner equity.

Deep dives

Current Economic Uncertainty

The current economic landscape is characterized by significant uncertainty, impacting various sectors, including real estate. Transaction volumes are declining as both individuals and businesses hesitate to make moves amidst fluctuating stocks and volatile mortgage rates. This state of hesitation leads to a stagnation in the economy, with many fearing a downturn, which is reflected in slowed hiring and expansion in businesses. Consequently, many potential transactions in real estate are on hold, suggesting that until clarity returns, market activity will remain subdued.

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