Nicole Friedman

speaker

798 appearances 16 recordings 1 series first heard Aug 2017 last heard Dec 2024

Nicole Friedman’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · With Housing So Unaffordable, Do Sellers Still Have the Upper Hand? · 12 Jul 2022 podcast

Homes are sitting longer because a lot of buyers have dropped out. voice-verified

They simply can't afford voice-verified

the current home prices at the current mortgage rates. voice-verified

Or they can afford it, but they're saying, maybe I'm just going to take a break for a couple of months, see how this evens out. voice-verified

Maybe it will be a little bit easier to buy a home if I wait. voice-verified

And so the balance between buyers and sellers, there are still more buyers than sellers. voice-verified

It is not a buyer's market, but sellers don't have as much power. voice-verified

to set the terms as they did just six or 12 months ago. voice-verified

And now we are seeing some homes sitting on the market longer and sellers even cutting their list prices, coming down a bit on what they had initially expected. voice-verified

And so real estate agents say this is just kind of everybody feeling out the market. voice-verified

Sellers are trying to figure out what's the new normal, what's the right price in this market. voice-verified

So home prices have been rising extremely quickly. voice-verified

They have been up more than 10% from a year ago. voice-verified

Every single month, we're seeing rapid home price appreciation. voice-verified

And the widespread expectation is that that home price growth is going to slow down. voice-verified

That as buyers drop out of the market, there's less demand, sellers are being forced to cut prices, that that is all going to slow down the pace of home price growth. voice-verified

But at the same time, economists are not largely seeing widespread home price declines. voice-verified

they don't see a situation like we saw during the last housing downturn, where home prices actually fell on a national basis quite dramatically. voice-verified

Instead, economists are saying, maybe instead of 20% year-on-year price growth, it'll go down to 5%, 3%, something a little bit more back to historical levels. voice-verified

And the reason that they don't see voice-verified

Showing 341–360 of 798 · page 18 of 40