Deconstruct - Episodes Tagged with “Housing Market”

Breaking Down The NAR Settlement

The Real Deal — Mon, 25 Mar 2024 05:00:00 -0400

When the National Association of Realtors announced it had proposed to settle a landmark antitrust suit over real estate agent commissions for $418 million, everyone had questions. The Real Deal's Deconstruct breaks down what is changing — and what is not.

TRD reporters Sheridan Wall and Harrison Connery discuss NAR's new rule prohibiting broker compensation offers on the MLS, or multiple listing service, and what this means for agents and homebuyers going forward. Deconstruct also chatted with Michael Nourmand, who runs Los Angeles-based brokerage Nourmand & Associates, about how he thinks not much is set to change — and noted that commissions have always been negotiable.

Deconstruct Live at TRD's Miami Forum: Using AI to Hack Zoning

The Real Deal — Mon, 08 Jan 2024 05:00:00 -0500

Imagine a scenario where you, a developer, could pick a site on a map and discover exactly what you could build there. No more hiring experts, contacting the city, finding ways to match zoning requirements. Deepblocks, run by Olivia Ramos, is trying to do exactly that and more, using artificial intelligence. Deconstruct sat down with Ramos at The Real Deal's annual Miami Forum last November to chat about the firm, concerns around AI and how its applications are spreading across the real estate industry.

Inside First Republic’s Woes

The Real Deal — Mon, 01 May 2023 05:00:00 -0400

In the wake of the collapse of Silicon Valley Bank and Signature Bank, First Republic, a prominent mortgage lender in San Francisco, lost billions in deposits. But what does that mean for lending and can the bank survive? The Real Deal's Isabella Farr looks at First Republic Bank's financial health and how some of its long-term mortgages are posing issues for the bank's balance sheet. Plus, Deconstruct chats about the New York state budget and New York Community Bank’s earnings.

Disclaimer: This story was recorded before the FDIC seized First Republic Bank and sold it to JPMorgan on Monday morning.

Credits: Yahoo! Finance, ABC News

In Powell v. Inflation, the Housing Market is a Casualty

The Real Deal — Mon, 10 Oct 2022 07:00:00 -0400

We all know how mortgage rates have shot up over the last few months, as the Fed has hiked up rates to fight inflation. But, home prices remain stubbornly high across the country. So, what's the deal? Deconstruct chats with Redfin's chief economist Daryl Fairweather about discussed the impact of the rate shifts on first-time homebuyers and why a slowdown in sales activity has not coincided with a decline in prices.

Who's Afraid of Fires and Floodwaters?

The Real Deal — Mon, 06 Jun 2022 07:00:00 -0400

Last month, a two-story home in the Outer Banks, North Carolina, washed away in a storm. We're all seeing rising sea levels, more flash flooding, hurricanes and fires across the country. But are these events of climate change deterring homeowners from buying in certain areas? Deconstruct's Suzannah Cavanaugh chats to Ben Keys, a professor of real estate at The Wharton School at The University of Pennsylvania, Luis Robledo from Douglas Elliman in California and Cristian Salazar, the director of communications at the Center for New York City Neighborhoods.

Credit: Storyful, "Beach house collapses into ocean during storm"

The Hamptons Dream

The Real Deal — Mon, 30 May 2022 08:00:00 -0400

Chances are, some of you New Yorkers listening might be spending this Memorial Day weekend in the Hamptons. Some of you might have even bought a house in the last couple of years, some of you might have been lucky to snag a beachside rental property. On this episode, Deconstruct looks at the housing market in the Hamptons and how the dream of lounging on the beach is unattainable for many. You'll hear from Cody Vichinsky, the co-founder and principal of Bespoke Real Estate, and Jeremy Samuelson, the director of planning for East Hampton.

Credits: Music by Blue Wave Theory, "Rabbit Ears"

The Fed, Ukraine and The Future of The Mortgage Market

The Real Deal — Mon, 14 Mar 2022 07:00:00 -0400

The Fed is expected to approve a quarter of a percentage point hike on rates, a raise that will make borrowing more expensive for homebuyers and commercial investors. And now the inflation caused by the war in Ukraine has introduced another variable to the lending puzzle. So what should borrowers expect?

You'll hear from Martha Olney, a teaching professor of economics at the University of California, Berkeley, Melissa Cohn, a regional vice president of mortgage for William Raveis Mortgage and Mark Fogel, the CEO and president of ACRES Capital.

Attribution: CNBC, "Here's how Fed Chair Powell sees the March Fed meeting."

Wall Street Bets on Real Estate

The Real Deal — Mon, 07 Mar 2022 07:00:00 -0500

Bankers and Wall Street employees have racked up incredible bonuses throughout the pandemic, as profits and compensation packages have soared to their highest level in a decade. Deconstruct looks at how financial workers are spending their newfound cash on real estate.

You'll hear from Stan Ponte, a senior global real estate advisor and associate broker with Sotheby's International Realty, and TRD reporter Joe Lovinger.

Betting Big on the Single-Family Rental

The Real Deal — Mon, 27 Sep 2021 09:00:00 -0400

Over the past few years, institutional firms have spent billions on acquiring and developing single-family rental homes. But what's the attraction? On this week's episode of Deconstruct, TRD speaks to Ed Coulson, a professor at UC Irvine's Center for Real Estate, and Josh Migdal, a real estate attorney in Miami, to discuss why firms like Blackstone, Invesco and JPMorgan like single-family rentals and some of the issues around owning these types of properties.