A new nationwide rent control proposal could cap rent increases for any landlord with a certain amount of properties. But will it actually pass? How would landlords survive when rents can only marginally increase each year while expenses continue to see double-digit percentage price growth? We’re getting into this story and a few more hard-hitting housing market headlines on today’s episode!
First, we’re talking about the new rent cap proposal coming straight from The White House. This could significantly affect anyone who owns a large real estate portfolio or plans to in the future. Is this proposal merely a grab for votes, or could it actually come to fruition? Next, great news for homebuyers, as mortgage rates fall once again, all while completed homes see a sizable boost. Is this a sign that a healthier housing market is to come?
Why are international buyers fleeing the US housing market? Could this end up helping first-time homebuyers who have to fight off less competition? Finally, we talk about the twenty hottest housing markets that are seeing a BIG increase in home viewership. If you own a home in one of these markets, it might be time to consider selling.
Kathy:
You may have heard that the real estate world is going into a frenzy over a new White House proposal that would cap rent prices. But is it likely to ever see the light of day? Are home buyers going to be encouraged after a fall in fixed rate mortgages? And what are today’s hottest markets? We’re covering this and more on today’s show.
Hello, I’m Kathy Fettke, one of your hosts today while Dave Meyers is out. Welcome to On the Market. I’ve got Henry Washington and James Dainard here with us today.
James:
Hello guys. Good To see you guys.
What’s going on Kathy, how are
Kathy:
You excited? We’re kind of jealous. I think Dave is on a beach somewhere in south of France. He deserves
James:
It. They got no service on the south of France. Beats. Yeah,
Kathy:
Well today we will just do…