Whitelaw and Sons Real Estate Morgan Hill
Whitelaw and Sons Real Estate Morgan Hill

Home Buyers Are Stepping Back From The Market!

by Apr 4, 2018Real Estate Realities Podcast/Vidcast0 comments

Written by Robert Whitelaw, Realtor®/Broker/Owner

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate from Palo Alto to Gilroy and Los Gatos - and beyond! Robert rates his success on providing the highest level of value to his clients.

April 4, 2018

The latest numbers are showing that home buyers are moving away from purchasing homes, cars and appliances!

In general, the public appears concerned. They are planning to not buy homes, cars or appliances. At the same time, credit card debt is on the rise. So what are folks buying? It sounds like they are using credit to buy the essentials, which should be a worry. We are also seeing that the average income cannot buy the average home in 70% of counties. Mobile home delinquency is on the rise while unemployment is at record lows. That is a whole lot of data that seems to contradict each other.So what can we expect from the market this year if we do see a drop in the number of home buyers in the market? Listen in as we try to unpack it all in todays show! Links:

  • https://www.zerohedge.com/news/2018-03-28/rosenberg-household-buying-plans-take-deep-dive
  • https://www.zerohedge.com/news/2018-03-28/nearly-70-us-counties-average-worker-cant-afford-buy-home
  • https://www.theblaze.com/news/2018/03/29/new-unemployment-claims-hit-lowest-number-in-45-years
  • http://www.businessinsider.com/mobile-home-loan-delinquencies-are-a-warning-sign-for-the-economy-2018-4

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!



Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs ? download a title free and start listening!



Check out this episode!

8 Strategies To Score A Lower Mortgage Rate

8 Strategies To Score A Lower Mortgage Rate

Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next. Let’s talk more about how you can get a lower mortgage rate.

read more


Submit a Comment

Your email address will not be published.

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join to get access to the best information on our local real estate markets, important real estate news, insights, information and tips on how to realize your real estate goals!

You have Successfully Subscribed!

Pin It on Pinterest

Share This

Feel Like Sharing?

Share this with your friends and followers on social media!