In today's episode of the Podcast, Pete and Keith talk about the latest real estate market update for the third quarter of 2022 in Phoenix, Arizona. They discuss home prices, the number of homes on the market, and the current state of the market. They also provide their insights on what they expect to see in the fourth quarter of the year and beyond.
OpenDoor, one of the largest iBuyers in the country, has just been fined $62 million by the FTC for "cheating sellers with misleading claims". This will not only affect how OpenDoor markets itself but will also affect the entire iBuyer industry.
The housing market is experiencing a rapid increase in supply, and interest rates appear to be rising every week. Is the real estate market on the verge of collapse? Is it time to get worried yet?
Some factors that we will be considering include the current market conditions, the availability of affordable housing, and the overall economy. We hope that by the end of this podcast, you will have a better understanding of what is best for you and your family when it comes to housing in 2022.
As mortgage rates continue to rise, many people are wondering how this will affect the housing market. In this podcast, we take a look at what could happen in the coming months as rates continue to go up. We look at the potential effects of rising mortgage rates and what that could mean for the real estate market.

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