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WeWork goes bankrupt, shopping for a home is deemed a “unhealthy” concept, and Zillow inventory has a fireplace sale because of the current NAR lawsuit verdict. In different phrases, it’s simply one other day within the 2023 housing market. Didn’t have time to make amends for the information? Don’t fear; we’ll get you up to the mark on all the pieces taking place on the earth of actual property and the way YOU can reap the benefits of this rocky market.
First, we’ll speak about how the NAR lawsuit verdict despatched ripples all through the financial system, sending actual estate-related inventory costs approach down for corporations like Zillow, Compass, and Redfin. This verdict may imply a devastating blow to brokerages throughout the nation, so what is going to the way forward for shopping for and promoting be like? Subsequent, we focus on industrial actual property‘s steady slog and why high industrial executives count on an even SLOWER 2024. However there may be some excellent news for patrons…
And when you love little places of work and coworking areas, we’re sorry as a result of WeWork filed chapter earlier this month because the workplace area will get battered. Lastly, we’ll end with a current headline about how HALF of America thinks now could be a BAD time to purchase actual property. Are they flawed? Are they unhealthy at math? Must you nonetheless be shopping for? We’ll reply all that and extra on this episode!
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Watch the Episode Right here
https://www.youtube.com/watch?v=WsAjqUFYK78123
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In This Episode We Cowl:
- The NAR lawsuit’s ripple results that may have an effect on your entire actual property trade
- Business actual property’s gross sales hunch and why 2024 may deliver even higher offers
- Why WeWork Gained’tWork and what their huge chapter means for the workplace area
- America’s ongoing housing market pessimism and why shopping for with excessive mortgage charges ISN’T such a foul concept
- And So A lot Extra!
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Notice By BiggerPockets: These are opinions written by the writer and don’t essentially signify the opinions of BiggerPockets.
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