The Real Estate Rundown

CoStar Caught LYING and Realtor.com Sues...

Lawsuits, Lawsuits, Lawsuits, and more...
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Resources:

https://www.inman.com/2024/07/09/costar-censured-for-claims-made-about-traffic-in-homes-com-ads/

https://www.housingwire.com/articles/move-sues-costar-over-alleged-theft-of-trade-secrets/

https://www.jacksonlewis.com/insights/federal-trade-commissions-sweeping-final-rule-ban-non-competes-what-you-need-know

https://www.housingwire.com/articles/easyknock-faces-consumer-lawsuits-and-actions-from-state-regulators/

https://www.zillowgroup.com/news/listing-showcase-helps-agents-win-more-listings/

https://fintel.io/i/blackrock

https://www.inman.com/2024/07/02/sellers-appeal-keller-williams-anywhere-re-max-settlements/

https://www.theguardian.com/business/article/2024/jul/09/jerome-powell-us-federal-interest-rate

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Timecode:
00:00 - Intro
00:30 - Costar Get Caught Lying
01:18 - Move.com Sues Costar
04:33 - Non-Compete Changes
06:32 - Kala & Jason Stories
10:28 -  Easyknock gets Sued
12:06 - So. Many. Suits.
14:03 - Zillow Listing Showcase
14:50 - Blackrock sells Zillow Stock
19:05 - Nar Settlement Appeal
20:01 - Interest Rates might be coming down...
22:12 - Will we even see movement?
26:25 -  We leave you today with...

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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

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Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

Insurance Companies are Going to Crash the Housing Market

This week we cover how insurance rates are skyrocketing and what they might do to the market, jasons connection to the big financial crisis, and what we would do as president to fix housing.

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Resources:

https://www.housingwire.com/articles/its-time-for-the-federal-government-to-address-the-housing-crisis/

https://www.tiktok.com/@sewerlidd/video/7384568413810691371

https://www.youtube.com/watch?v=-Ip9cTok2DM

https://www.fdic.gov/news/speeches/fdic-quarterly-banking-profile-first-quarter-2024

https://apnews.com/article/california-budget-deficit-18ff9c1ec885ec5bc69e790a836d9bdd

https://www.cnbc.com/2023/06/26/ppp-loan-fraud-drove-home-price-inflation-in-certain-markets.html

https://www.washingtonpost.com/business/interactive/2024/housing-market-price-trends-zip-code-map/

https://www.whitehouse.gov/briefing-room/statements-releases/2024/03/07/fact-sheet-president-biden-announces-plan-to-lower-housing-costs-for-working-families/#:~:text=Down%20Payment%20Assistance%20for%20First,wealth%20building%20associated%20with%20homeownership.

https://variety.com/2024/politics/columns/first-presidental-debate-trump-biden-takeaways-1236055824/

https://www.military.com/daily-news/2024/06/28/debate-takeaways-trump-confident-even-when-wrong-biden-halting-even-facts-his-side.html

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Time code:

00:00 -Intro
00:23 - Government Need to control housing
00:43 - What would you do as president?
03:10 - Home Prices up 54%
04:03 - Instakart prices are crazy
08:18 - PPP Loans Cause Inflation
16:02 - California billions in debt
17:55 - Unrealized gains and losses
19:58 - Insurance Rate Theories

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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

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Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

It's Bad... Home Sales Have dropped to All-Time Lows

Elon Musk VS. Apple Intelligence, the Housing Market takes a new dip not seen in Years, and Gen Z will be basing their vote this coming election cycle on housing affordability.

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Timecode:

00:00 - Intro
00:21 - WWDC and Apple Intelligence Announcement
01:10 - Elon is Not Happy
03:45 - Apple Intelligence & Real Estate Agents
7:00 - How Siri can Be Used Now
09:28 - AI Applications and Concerns
16:55 - Homes Sales Have Dropped
19:02 - Housing Affordability is Top Gen Z Concern
21:54 -  Check out Zoodealio :)
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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

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Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

Its Over... 50% of Realtors are LEAVING Real Estate

Resources:
https://finance.yahoo.com/news/donald-trump-embraces-crypto-campaign-193020978.html

https://blockchain.bakermckenzie.com/2024/05/13/u-s-house-passes-bill-to-undo-sec-guidance-that-limited-banks-ability-to-custodian-crypto-assets/

https://www.cnbc.com/2024/05/23/sec-approves-rule-change-to-allow-creation-of-ether-etfs.html

https://apnews.com/article/biden-student-loan-cancellation-debt-forgiveness-60ffeaec17737d6317b4aee188893cc4

https://www.housingwire.com/articles/unsold-inventory-is-rising-across-the-country/

https://www.spglobal.com/spdji/en/index-announcements/article/sp-corelogic-case-shiller-index-hits-new-all-time-high-in-march-2024/

https://www.housingwire.com/articles/mr-cooper-group-subsidiary-launches-diy-sales-platform-no-agent-needed/

https://www.xome.com/

https://www.businessreport.com/article/slow-us-housing-market-has-real-estate-agents-leaving-the-field-in-droves

https://www.washingtonpost.com/business/2024/05/28/realtors-home-sales-commissions/

https://www.newsweek.com/florida-house-prices-falling-one-city-1895902
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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

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Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

Zillow Touring Agreement Forces Agents to Work for Free

Resources:

https://www.zillow.com/agent-resources/blog/zillow-touring-agreement-nar-settlement/

https://www.nar.realtor/magazine/real-estate-news/nar-practice-changes-to-take-effect-august-17

https://www.businessinsider.com/blackstone-breit-commercial-real-estate-fund-misled-investors-private-equity-2024-5

https://www.fastcompany.com/91118602/commercial-real-estate-foreclosures-spike-117-percent-distress-mounts

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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

_________________________________

Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

The Truth about Gen Z in Real Estate | Housing is Getting Worse

Affordability within Real Estate has been a hot topic for a while. And the perception coming from Gen Z hasn't been positive. Today we talk about the realistic chances that Gen Z will be able to afford real estate, and what strategies need to be considered when navigating this really tough market.
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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

_________________________________

Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

If Being A Realtor is So Easy Why Do 87% Fail?

Resources:

https://www.costar.com/article/628706126/costar-group-to-acquire-matterport-global-leader-in-immersive-3d-digital-twins-and-artificial-intelligence-for-the-real-estate-industry

https://www.tomferry.com/blog/87-of-all-agents-fail-in-real-estate/

https://www.instagram.com/chris_smth/?hl=en

https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html

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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

_________________________________

Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

NAR Collapsing Bankruptcy is here

Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

_________________________________

Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

Realtors Are Leaving in Mass And NAR is Hiding Numbers

It sounds like a broken record but NAR is back in the spotlight again. However, it is not from a headline and more as a discovery. Kala was researching NAR's membership numbers, and it seems that they wiped the board & removed every single trace of their statistics, even back in the previous century. Why is NAR doing this? And what does it spell for the outlook of realtors?

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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

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Resources:

https://www.cbsnews.com/news/help-paying-mortgage-rent-homeowners-renters/

https://investors.redfin.com/news-events/press-releases/detail/1077/redfin-survey-half-of-u-s-homeowners-and-renters-struggle

https://www.bloomberg.com/news/newsletters/2024-04-08/bloomberg-evening-briefing-blackstone-s-10-billion-real-estate-deal

https://www.bloomberg.com/news/articles/2024-04-04/fed-s-kashkari-floats-possibility-of-no-rate-cuts-this-year

https://www.npr.org/2024/03/30/1241451631/california-fast-food-20-minimum-wage

https://www.cnbc.com/2024/04/09/the-us-has-550-cities-where-million-dollar-homes-are-typical.html
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Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850

First Time Home Buyers Will Struggle This Year

2024 was expected to be the year of relief for current & future homeowners. Rates were expected to come down, prices were supposed to be more favorable, and overall availability was supposed to rise. But things haven't progressed much in that way. Recent numbers from Redfin tell a different story and the NAR lawsuit is expected to not do much for first-time buyers. What other parts of the story are we missing, and what can we predict for the future?
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Check us out on social media:

Kala - https://linktr.ee/kalalaos

Eliot - https://linktr.ee/eliottomaszewski/

Zoodealio - https://linktr.ee/zoodealio/

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Resources:
https://www.redfin.com/news/all-cash-homebuyers-february-2024/

https://www.redfin.com/news/starter-home-affordability-february-2024/

https://www.redfin.com/news/home-purchases-fall-through-2022/

https://www.inman.com/2024/03/28/better-hiring-real-estate-agents-to-originate-mortgages-in-26-states/
https://www.housingwire.com/articles/nexa-mortgage-co-founders-are-splitting/

https://nypost.com/2024/03/28/us-news/sam-bankman-fried-faces-decades-in-prison-as-hes-sentenced-today-for-multi-billion-dollar-fraud/
https://www.zillow.com/homedetails/21423-S-147th-St-Gilbert-AZ-85298/59261224_zpid/

https://www.forbes.com/sites/digital-assets/2024/04/02/bitcoin-boom-2024-here-comes-the-halving/?sh=6f9741fd5b2e

https://supercarblondie.com/john-travolta-plane-house-private-runway-for-boeing/
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Check us out on Apple Podcasts & Spotify!

Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ibuyer-experiment/id1510051846

Spotify -  https://open.spotify.com/show/2e1M6C4x88OyNgIuTCZ0V8?si=51dc906935b64850