In this episode, we dive into the latest data showing that home prices hit a record high in June, marking the most unaffordable housing market in history. With prices increasing 5.4% nationally compared to last year, many first-time and moderate-income buyers are being priced out of the market. We’ll explore the factors driving this affordability crisis, including years of underbuilding, high mortgage rates, and the “golden handcuff” effect that’s limiting supply. Whether you’re a buyer, seller, or just interested in real estate trends, this episode provides crucial insights into the current housing market challenges.

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In this video, we explore the bold decision of a Texas homeowner who painted his entire house pink, sparking controversy in his HOA-free neighborhood. We delve into the psychology behind such attention-grabbing choices and discuss how the desire for individuality and expression can influence homeowners to make unconventional decisions. Join us as we examine the impact on community dynamics, property values, and the broader trend of trying to stand out just to stand out.

#BoldHomeChoices #HomeDesignControversy #KeepAustinWeird

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In this episode, we examine a significant new lawsuit filed by Michigan real estate professionals against the National Association of Realtors (NAR) and other local and state realtor organizations. The plaintiffs argue that mandatory membership in these organizations for access to the MLS constitutes an antitrust violation, claiming it results in economic coercion and unfair restraint on trade. Join us as we break down the details of the case, its potential implications for the real estate industry, and what it could mean for Realtors across the country.

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In this episode, John dives into the pressing issue of skyrocketing house prices. We’ll explore why home prices have become unaffordable for many and discuss the factors driving this trend. Join us as we examine three real-life examples of overpriced homes and analyze the implications for buyers, sellers, and the overall housing market.

Example 1: A house in Maplewood, MO, listed for $440,000 and sold for $455,000. Despite being severely dated, with a low basement ceiling and no direct access to the backyard, this home sold for $15,000 over the asking price.

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In this episode, John Schink of Deerwood Realty explores the difficult decision many Americans face: taking hardship withdrawals from their 401(k) plans to avoid foreclosure or letting the bank take the house. Despite a strong economy, many are financially stressed due to high housing costs and rising interest rates. We analyze the implications of these choices on long-term financial health and the broader economy.

#RetirementCrisis

#HousingMarket

#FinancialPlanning

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Join John Schink of Deerwood Realty as he explores innovative mortgage solutions designed to stabilize homeownership and the economy. Delve into the benefits of Lower-Only Adjustable-Rate Mortgages (LO-ARMs) and Ratchet Mortgages, which offer automatic rate reductions without the risk of increased payments. Discover how these mortgage types can prevent negative equity traps, reduce refinancing costs, and provide financial relief during economic downturns. Learn about their potential impact on homeowners, lenders, and the broader housing market in this comprehensive episode.

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In this episode of Deerwood Realty, John explores the “housing market lock-in effect” and its far-reaching impacts on both current homeowners and aspiring buyers. According to Bank of America economists, the housing market will remain “stuck” until at least 2026, with home affordability unlikely to improve without a recession. We’ll delve into the factors driving this phenomenon, from the pandemic-driven surge in housing demand to the ongoing challenges of high mortgage rates. Join us for a comprehensive analysis and practical advice for navigating these unprecedented times in real estate.

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In this episode, John Schink of Deerwood Realty breaks down the fascinating 22-year history of real estate investor activity. From the early 2000s credit boom to the rise of Airbnb and iBuyers, discover the major shifts and trends that have shaped today’s market. Learn how institutional investors, small landlords, and emerging technologies have influenced home sales and rental markets. Stay informed with our expert analysis and insights on navigating current real estate trends. Credit to authors John Burns and Josh Kirby for their in-depth analysis.

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