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Whitelaw and Sons Real Estate Morgan Hill
reaching your real estate goals
Robert Whitelaw, Realtor®

Robert Whitelaw, Realtor®

Published:Aug 8, 2022

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate throughout Santa Clara County. Robert uses his local market knowledge to help clients across Silicon Valley!

Some big things are happening internationally and domestically – how might that hit real estate?

China real estate bubble.

There are a few questions worth answering here. However, there is very little discussion about how this might impact our domestic economy.

Commercial real estate.

Could be a more pronounced slowdown in this segment.

As companies decide how to manage costs as we head into recession, what they decide to cut could be very different under our new reality.

Comforting unemployment numbers.

Some good news for a change.

Unemployment has dropped to pre-pandemic levels. Can this continue as we face more challenges?

Also a good spread of job types.

The kinds of jobs added were also comforting. Starting off with leisure and hospitality (96k), but professional jobs were second (89k). While that is generally good news, the largest job group does tend to be seasonal, but still a good number overall.

Links:

https://www.bnnbloomberg.ca/china-s-bubble-bursting-has-wall-street-eyeing-a-2022-rally-1.1696485

https://moderndiplomacy.eu/2022/07/17/a-real-estate-and-banking-crisis-in-china/

https://nypost.com/2022/07/20/chinese-buyers-spent-record-6-1b-on-us-real-estate-in-2021/

https://www.cnbc.com/2022/08/05/where-companies-say-they-will-cut-budgets-first-in-a-softer-economy.html

https://www.calculatedriskblog.com/2022/08/july-employment-report-528-thousand.html

 

Check Out The Last Show!

realtor conspiracy verdict

Questioning the $1.8B Realtor Conspiracy Verdict

In this episode of Real Estate Realities with The RebelBroker, we delve deep into the crucial topic of compensating real estate agents in the context of the recent $1.8B judgement charging a “realtor conspiracy” relating to commissions.

Get Your FREE Home Value Estimate!

Just enter your address and get access to your instant home value estimate, but also amazing tools to evaluate refinance options, your equity, ways to levarage your homes equity, how to pay your home off faster… and so much more!

Schedule A Consultation With Robert!

 

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