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Robert 'The Rebelbroker' Whitelaw is a real estate broker and Realtor® in Morgan Hill, California with over 25 years experience! His show discusses some of the best ways to achieve your real estate goals and build wealth for buyers, sellers, investors, entrepreneurs or just real estate watchers - from an insiders perspective.

Over the years, Robert has been lucky enough to work with successful entrepreneurs from all walks of life and industries. Get a chance to hear what he has learned from these amazing entrepreneurs over the years that will help YOU achieve success! Robert is about keeping things honest (even when that means saying the things that nobody else is willing to say) and providing value to listeners with each and every episode! He won't just drop the news on you, he will translate it into actions you can take as a buyer, seller, investor or entrepreneur in your own life to get the most out of that shared knowledge! Knowledge is power and Robert believes in cranking it up to 11!

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  2. Housing Inventory Is About To Nose Dive!

Housing Inventory Is About To Nose Dive!

May 14, 2020

 

Will home prices jump?

The best information we have right now indicates that a dramatic crash in home inventory is very likely as we move through 2020. There are only two places that homes for sale come from. First, is new construction. We are seeing a big drop off in new construction that even goes beyond what the worst expectations were leading into March. And remember, those are number for MARCH! April is likely to be even more depressing! But wait, that is only half of the real estate inventory story.

The other half of our inventory question involves existing homes. If we don't see new construction coming anywhere close to demand, then we have to rely on current home owners to come into the market to sell their home. Frankly, that does not look to be a likely scenario!

In todays show, we look at all the data to find out where we are and where we are likely to be later this year and into 2021!

Articles Used In Todays Show:

  • https://www.cnbc.com/video/2020/04/16/housing-starts-march-squawk-box-breaking-news.html
  • https://www.cnbc.com/2020/04/17/us-housing-starts-worst-month-since-1984-what-traders-see-ahead.html
  • https://magazine.realtor/daily-news/2020/05/05/where-housing-inventories-are-falling-fastest
  • https://magazine.realtor/daily-news/2020/05/05/more-banks-halt-helocs
  • https://www.calculatedriskblog.com/2020/05/las-vegas-real-estate-in-april-sales.html
  • https://www.calculatedriskblog.com/2020/05/seattle-real-estate-in-april-sales-down.html
  • https://www.cnbc.com/2020/05/07/consumer-confidence-in-housing-falls-to-lowest-level-since-subprime-crash.html

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