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Affordability within Real Estate has been a hot topic for a while. And the perception coming from Gen Z hasn't been positive. Today we talk about the realistic chances that Gen Z will be able to afford real estate, and what strategies need to be considered when navigating this really tough market. _________________________________ Check us out on social media: Kala - https://linktr.ee/kalalaos Eli...

Resources: https://www.costar.com/article/628706126/costar-group-to-acquire-matterport-global-leader-in-immersive-3d-digital-twins-and-artificial-intelligence-for-the-real-estate-industry https://www.tomferry.com/blog/87-of-all-agents-fail-in-real-estate/ https://www.instagram.com/chris_smth/?hl=en https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html...

Check us out on social media: Kala - https://linktr.ee/kalalaos Eliot - https://linktr.ee/eliottomaszewski/ Zoodealio - https://linktr.ee/zoodealio/ _________________________________ Check us out on Apple Podcasts & Spotify! Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846 Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b648...

It sounds like a broken record but NAR is back in the spotlight again. However, it is not from a headline and more as a discovery. Kala was researching NAR's membership numbers, and it seems that they wiped the board & removed every single trace of their statistics, even back in the previous century. Why is NAR doing this? And what does it spell for the outlook of realtors? ___________________...

2024 was expected to be the year of relief for current & future homeowners. Rates were expected to come down, prices were supposed to be more favorable, and overall availability was supposed to rise. But things haven't progressed much in that way. Recent numbers from Redfin tell a different story and the NAR lawsuit is expected to not do much for first-time buyers. What other parts of the stor...

The Fallout has come & today we discuss the misleading headlines and misconceptions following the settlement with NAR. Many publications (including our government) are misleading consumers with false narratives about how it will improve the housing market. Today we cover what will really happen to first-time home buyers and the other commission issues ahead. Thanks for watching, and stay tuned...

Welcome back to the Real Estate Rundown! This week has been Chaos. We've all heard at this point of NAR's proposed settlement. But who is really going to be affected? And who will benefit in the end? Join us next week for another episode of the Real Estate Rundown! _________________________________ Resources: https://notoriousrob.substack.com/p/why-the-nar-settlement-is-disappointing https://www.j...

Real Estate is a tough industry. Whether you are simply buying, selling, or even going through a divorce, it's a tough industry on either side of the pen. Today we talked to Paige Fingerhut Charnick, a Realtor based out of Long Beach California. Paige specializes in a variety of categories including probate and divorce. Today Kala & Paige have a conversation on the more touchy sides of what it...

Welcome back to the Real Estate Rundown!  We are back and so are the commission lawsuits. Big Man Warren Buffett's energy company is being added as a defendant in a class action lawsuit against commission sharing. With so many of these cases going on, do agents even care about them? Today we unpack whether or not commission lawsuits will affect agents, Zillow's Big End goal, interest rates, and mu...

Welcome back to the Real Estate Rundown! Jamie Dimon was interviewed recently and came out with a statement saying that commercial real estate won't fall as long as the recession doesn't come through. With commercial real estate becoming more of a talking point recently it's important to keep in mind what might happen if the recession rolls through. Kala covers some interesting numbers that might...

Welcome back to the Real Estate Rundown! A theory popped up on TikTok from user @dylanjpalladino stating that the economy isn't crashing because of the little treats we give ourselves. One little drink or snack here or there on your credit card. It doesn't seem like too much, but it is enough to stimulate enough growth in our economy. But with credit card debt being at an all-time high, is this gr...

Welcome back to the Real Estate Rundown! The Superbowl has come and gone but CoStar's billion-dollar ad campaign is here to stay. CoStar premiered 4 ads during the Superbowl, 3 for Homes.com & 1 for Apartments.com. A lot of money was spilled into these ads but one thing that Kala brings about is the importance of catching a wave. Bitcoin also rises to a high that hasn't been seen since 2021. C...

Welcome back to the Real Estate Rundown! The Apple Vision Pro is out & like any Apple product, it has raised some eyebrows. A new entry into the world of AR & VR, the Vision Pro has been captivating social media for both good & bad. From the innovations of the product to the scary future it might hold. Technology seems to be finding more & more ways to get control of our eyes.   Re...

Welcome back to the Real Estate Rundown! Things in the world of Real Estate are heating up. Interest rate predictions are coming out & it's looking favorable for potential buyers. But will this bottleneck the housing market again? Or will buyers still hold off and wait for some more potential decreases? Elon Musk came out with an announcement stating the first human test subject has successful...

Welcome back to the Real Estate Rundown! Today, the world of real estate sees another acquisition. Blackstone acquires Tricon, a single & multi-family rental developer. Blackstone has been around the world of real estate for a while, and now with them adding another 38,000 homes to their arsenal, it's becoming obvious what these asset management companies are after. But is this the full pictur...

Welcome back to the Real Estate Rundown! The 2024 election cycle is now in full swing. And there's a lot that ties into how it can influence the real estate market for the following 11 months. Will this be the start of the market finally defrosting, or is this the calm before the storm? We also touch on how a good portion of young adults are still living with their parents. And how mortgage demand...

Welcome back to the Real Estate Rundown! The first episode of the new year & wow there is some news today. In a crazy line of events, the spot Bitcoin ETFs were finally officially approved. However, before today's news, it was announced that they were hacked on Twitter/ X yesterday. Misleading the public about its announcement, it started a world of conversation about the volatility of these e...

Welcome back to the Real Estate Rundown! The time has come & the new year is right around the corner. Last episode we discussed the predictions we made last year for 2023 & how wrong we may have been. Today we talk about what we are possibly heading into for 2024. Will real estate make a big jump with pent-up demand and low inventory? Or will buyers and sellers become even more skeptical?...

Welcome back to The Real Estate Rundown! The end of the year is upon us so today we recap last the year's predictions of 2023. Who was right, and who was wrong? We also talk about the recent developments with users of ChatGPT noticing that the platform seems to be becoming lazier with its responses. Has AI already become tired of us? Redfin also debuts a collaboration with Roomvo. A platform used...

Download the Research on Did Pandemic Relief Fraud Inflate House Prices https://app.gohighlevel.com/v2/preview/P5J9mMNBQ9GN5L17h3wC?notrack=true   Opendoor has begun rolling out new terminology in certain markets pointing to them becoming the main place to list houses. We know that real estate tech companies are looking to become the head of EVERYTHING. With Opendoor being one of the biggest ones,...

Welcome back to the Real Estate Rundown! Curbio is named in a new trial set forth by homeowners who used their service for deceiving, defrauding, and lying to customers about their renovation and selling products. We also talk about a new article that came out talking about how home sales have slumped to a 13-year low. What does this mean for the future & what can buyers do to get around these...

Welcome back to the Real Estate Rundown! Zillow is back in the news after their earnings report & there has been some controversy brewing. Agents that use Zillow's platform are at risk of being kicked off if they do not follow their guidelines in offering their other products to buyers. With all the lawsuits being brought up, what happens if the traditional MLS collapses and Zillow builds a mo...

HOT OFF THE PRESS! WeWork once a tech unicorn has entered Chapter 11 Bankruptcy. Hit with unfortunate circumstances and the change of an industry. WeWork is now looking to restructure and hoping to find success in another direction. But this brings up a question... What happens to commercial real estate now? With other large companies falling in the work of commercial development (Country Garden,...

What a last couple of weeks. On 10-31-23 the federal jury for the class action lawsuit against the National Association of Realtors (and other large real estate firms) issued a verdict on the complaint that they were intentionally inflating commission prices on more than 500,000 Missouri home sellers. The trial may be over but there is way more to come with change in our industry & other futur...

Welcome to the Real Estate Rundown! 2023 hasn't been easy on the housing market & 2024 doesn't look like it will be any better. Goldman Sachs says that next year new builds will go down to levels that haven't been seen since the 1990's. We also hear an update on the case of The Breakfast Club host DJ Envy and his relationship with a former business partner Cesar Pina. Cesar has been accused of...