Will the housing market surge for the next 25 years, or is the silver tsunami overblown? In this episode, the hosts of “On The Market” delve into the potential impacts of an $84 trillion wealth transfer on the real estate landscape. As millennials stand to inherit significant sums, will this money flow into real estate, and could it shake up the housing market? As they explore these trends, they also weigh in on the ongoing debate: will aging boomers lead to a market crash or a boom? Tune in to find out how interest rates, mortgage rates, and housing prices may evolve in the coming years.
Dave:
We got another week and another slew of important headlines that investors need to understand to help our audience here at On the market make sense of what’s going on. We got our full panel here today, Henry Washington, Kathy Fettke, and James Dainard. James, how you doing man?
James:
I’m doing good. Sunny Arizona. The heat went from one 15 to 98, so we’re doing pretty good.
Dave:
How do you live in one 15? How do people live in Phoenix? I just don’t understand it.
James:
You know what? If it’s like 1 0 5 or less, it’s great. 1 0 5 to one 10 a little warm one fifteen’s hot.
Dave:
Kathy, you’re the weather. I want to be in Southern California. That’s what actually makes sense.
Kathy:
I mean we had a heat wave this week of like, I don’t know, 95. I was dying.
Dave:
Well, hopefully you survived.
Kathy:
We do have ac. I’m very happy to say
Henry:
Henry, how are you doing? I’m fantastic but glad to be here. It is actually unseasonably cool here, so it sucks for you guys.
Dave:
Alright, well enough about the weather. Let’s talk about the economy and the real estate market. We’ve got four headline stories for you today. Kathy, you’re up first lead us off.
Kathy:
Well, I just couldn’t resist this article from Housing Wire just came out as titled the 25 Year Housing Surge and Why the Boom is Just Beginning and I thought this was a really interesting piece…