Veronica Dagher
speaker
3,082 appearances
51 recordings
1 series
first heard Sep 2017
last heard Jan 2025
Veronica Dagher’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
It's projected to reach $484 billion this year, and that's up from $328 billion in 2019.
voice-verified
So we can see the pandemic had a big boosting effect on this market.
voice-verified
Also, people are staying in their homes.
voice-verified
Many people have these very low interest rate mortgages, something like 3%, even less than that.
voice-verified
And so they are less motivated to move.
voice-verified
If you're less motivated to move and give up your mortgage, you're going to make the most of your home.
voice-verified
And so you're going to keep doing renovations even though it's really hard to find a good contractor these days.
voice-verified
Exactly.
voice-verified
Why move?
voice-verified
It's these golden handcuffs that some of my colleagues here have written about.
voice-verified
There's no motivation to move, especially if you're going to have to move to a smaller place paying a higher mortgage rate and paying more for the house.
voice-verified
There's just zero motivation.
voice-verified
Yeah.
voice-verified
So some buyers have to take whatever they can get.
voice-verified
And that could be a really dilapidated house in certain cases.
voice-verified
So if you're in one of those markets where those bidding wars are common, you still may have to pay top dollar for an unrenovated house.
voice-verified
And you may have no choice because this may be the only thing you can afford.
voice-verified
Showing 1081–1100 of 3,082 · page 55 of 155
← Previous
Next →