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 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
And they recently refinanced.
And so their payments on the home are
are even lower and they don't have to go through the trouble of moving, of downsizing, of, you know, disposing of a lot of their stuff in the process.
It's always hard to time the market for sure.
And these are long term investments.
And so ideally, people are making decisions about buying and selling based on their needs over the long term, and not necessarily what's happening in the last few months.
But yes, there is a risk that in some local markets,
maybe the price increases that we're seeing right now will not be sustained and that sellers could regret making the choice to wait.
But there are also expectations that this strong demand is not going anywhere and that it will continue at least through 2021.
Well, I think there's definitely concerns about the shortage of inventory out there and the difficulty that particularly first-time homebuyers are having getting into the market, finding homes that they can afford to buy.
Certainly, home builders are responding and the amount of construction of single-family housing is increasing.
And so that could help fix some of this supply-demand imbalance in the coming years.
And there's also hope that
you know, as vaccinations increase, that more sellers will list their homes.
So certainly the current supply-demand imbalance is concerning to housing economists, but they're hoping that the market comes into somewhat better balance in the next year.
Thanks for having me.
You have this big demographic wave that is aging into their early 30s, and the expectation is those people are going to be buying homes in droves in the next couple of years.
voice-verified
Well, I think many in the housing industry would say that that might be an outdated impression, that there was a concern after the Great Recession that millennials were not going to settle down, were not going to follow their predecessor generations in getting married and having kids and moving to the suburb and buying a home.
voice-verified
But now a lot of economists and market watchers say that, in fact, they just delayed those activities, but that they are doing all of those same things that the earlier generations did, just maybe slightly later.
voice-verified
It's a very well-educated generation, the millennials, and so many people changed.
voice-verified
Showing 541–560 of 798 · page 28 of 40
← Previous
Next →