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

Todays Real Estate Headlines Are 100% WRONG!

by Aug 12, 2020Real Estate Realities Podcast/Vidcast0 comments

real estate headlines

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.

August 12, 2020

Understanding the real estate market today and where it might be going depends on you hearing todays show!

Finding Real Estate Is The Big ChallengeToday, let’s talk about what recent real estate data is telling us. What is most surprising is that what I am seeing does NOT follow with what is the conventional wisdom in the press. What we are being told is that prices are way up and that this trend is likely to continue. Well, in todays show we are going to look at some data that will leave you thinking todays big headlines just might not be on the mark.

We will start with a discussion of two very telling data points – the average price for homes in my local market of Morgan Hill,CA and the average percent of asking price that homes are currently selling for. I think that this alone will surprise you – but what will really knock you off your feet is when we look at those numbers in the context of todays inventory compared to the same time last year. Once you do, it will be hard to conclude that the headlines we have been seeing have gotten it right!

If you prefer to view the video edition of this episode of Real Estate Realities, you can find that on my youtube channel.

Don’t miss my Facebook Live “Coffee And Real Estate” chat this Saturday, Aug 15,2020 at 10AM Pacific. Find it here:

Copy of Coffee and Real EstateVisit this live chat at: http://www.facebook.com/whitelawre/live

Instagram: https://www.instagram.com/rebelbroker/

You can also use this player to browse past shows:

Unemployment: The Real Numbers

Unemployment: The Real Numbers

I should have known better. Last week, I shared with you the latest unemployment numbers – and I took them at face value. Which is where I made my mistake! Of course, if I listen to my own advice from previous podcasts where we looked at unemployment, I would have realized there was likely more to the story than what they are sharing in the headlines. Of course, there is. In fact, the actual data implies the opposite of what the talking heads are suggesting.

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