The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you....
NAR Hit with Another Blow After Shocking “Donation” Discovery w/NYT’s Debra Kamin
Disclaimer: Opinions expressed in this episode and written below are solely opinions of the hosts, guests, and writers and do not reflect the views of BiggerPockets.
Is it about to get even worse for NAR (National Association of Realtors)? After a ground-breaking agent commission lawsuit settlement forced the organization to pay out hundreds of millions, NAR has been on thin ice. They had just come off of a massive change in leadership, with some executives facing sexual harassment accusations, only to have the spotlight put on them once again. But it’s not over.
A new investigative piece from The New York Times reporter Debra Kamin uncovers a web of hidden donations to political groups that many NAR members aren’t aware of. NAR, the largest lobbyist group in the country, is well-known for donating to political causes that benefit their industry. However, it seems those donations heavily lean to one side of the political spectrum.
So, is this a problem? Could it even be illegal? Debra reveals that many of these donations go to groups unrelated to real estate, leaving some members frustrated with how their dues are being spent. Could this be the final blow to NAR, paving the way for more competition among real estate agent organizations? Debra is on to break the story.
In This Episode We Cover
The new investigation on where NAR “donations” and member dues are going
NAR’s recent turmoil with massive lawsuits, sexual harassment accusations, and more
What do realtors think of their dues being spent on fringe political causes?
The future of NAR and whether they’ll recover from their recent internal challenges
A new DOJ (department of justice) investigation into NAR and whether members will leave
And So Much More!
Links from the Show
Read the Full Article
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
On the Market 197 - NAR Finally Faces Competition: Is the Agent “Monopoly” Over? w/Jason Haber and Mauricio Umansky
On the Market 201 - Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever w/The New York Times’ Debra Kamin
Grab the Book “SOLD: Every Real Estate Agent’s Guide”
Jump to topic:
00:00 Intro
01:30 NAR Turmoil
03:46 The Largest Lobbyist Group
08:53 Quietly Funding Political Causes
14:17 Is This Illegal?
17:29 What Realtors Think
20:40 The Future of NAR
26:58 Read the Full Story
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-277
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
33:22
“Return to Office” Could Change the Housing Market, But Not How You’d Think
“Return to office” mandates from the tech and finance industries are coming rapidly. But they’re not just going back to the downtown areas. Return to office (RTO) calls could cause a surprisingly beneficial boost to suburban areas, even as employees are forced back into the office. This has enormous effects on landlords and real estate investors, as the hottest place to own a home might actually be somewhere outside of the city center.
Matt Reidy, Director of CRE Economics at Moody’s Analytics, joined us to give a full update. Matt talks about the potential office comeback that could be taking place and the one type of office investment that is outperforming the rest. However, office vacancies are still at an all-time high, and companies are starting to get creative. Could a move into the suburbs help entice employees by keeping commute times minimal?
This could be great news for residential investors outside the cities, as “live, work, play” environments could become a hot commodity.
In This Episode We Cover
Why more companies are looking for suburban offices to win back employees
The revival of downtowns and why they’re growing, even with high office vacancy
One type of office investment that’s outperforming the competition significantly
Rent price growth predictions for 2025 and 2026
Whether office work is here to stay or the “hybrid” model will become the new norm
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
Good News For Investors—Commercial Real Estate is Finally Catching a Break
Read More from Matt
Grab Dave’s New Book, “Start with Strategy”
Jump to topic:
(00:00) Intro
(01:30) The Return to Office
(03:20) An Office Comeback?
(07:12) Offices Move to Suburbs
(11:02) Are Downtowns Declining?
(17:37) Suburban Demand Grows
(21:33) Good News for Investors
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-276
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
31:48
Home Sales Rise, Investor Purchases Shrink, and ANOTHER Commission Lawsuit!?
Are we in store for another agent commission lawsuit battle? Why are home sales spiking right after the election? And guess what…it’s not investors buying up all the houses this time. We’re getting into the biggest housing market news in today’s headlines episode! Plus, we’re sharing exactly what you need to do TODAY to still get real estate deals done, even with high interest rates and higher home prices.
Home tours are surging after the election as potential homebuyers breathe a sigh of relief knowing that 24/7 election coverage has finally ceased. But it’s not the investors who are coming back to buy the houses. Investor purchase numbers are falling, so why are landlords sitting on the sidelines this time?
And say it ain’t so…another real estate agent commission lawsuit could be on the way as the Department of Justice finds faults in the NAR settlement. What does this mean for agents, brokers, and realtors? Will an easily browsable listing site like Zillow take over in place of real-life realtors? Some worry a Zillow “monopoly” could be forming. We’re sharing what we think in this episode.
In This Episode We Cover
Why home sales are starting to jump after the 2024 presidential election results
The future of agent commissions and whether they could be regulated even more
The Zillow “monopoly” that some worry will overtake the NAR (National Association of Realtors)
What’s causing investor purchases to shrink since the pandemic?
Where James and Kathy see investing opportunity in the 2025 housing market
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE ?
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
James' BiggerPockets Profile
Kathy's BiggerPockets Profile
On The Market Podcast 201 - NAR Settles for $418M, Buying and Selling Homes Could Change Forever
Pending Home Sales Rise After Post-Election Surge in Home Tours
The battle against 6% broker fees isn’t over after a surprise 11th hour court filing
Zillow’s Takeover of the Real Estate Industry: The Path to Monopoly
Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride
Grab Dave’s Newest Book, “Start with Strategy”
Jump to topic:
(00:00) Intro
(00:58) Post-Election Home Sales JUMP
(09:56) Another Agent Commission Lawsuit?
(18:07) The Zillow “Monopoly”
(21:44) Investor Sales Shrink
(34:10) Stick Around for This!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-275
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
40:56
HousingWire’s 2025 Housing Market Predictions: Rates, Prices, and More
It’s the season for housing market predictions, and we know who to call! Altos Research and HousingWire’s Mike Simonsen joins the show to share where his team thinks mortgage rates, home prices, housing inventory, and buyer demand will be in 2025. Every year, the HousingWire team puts together a phenomenal housing market forecast, touching on the topics investors, agents, lenders, and housing nerds care about while recapping the wildest surprises of the year prior.
Will mortgage rates finally fall below six percent in 2025? Will home prices dip with housing inventory up a substantial percentage year-over-year? And could agents and lenders finally get some relief with home sales, or will we still see sluggish purchasing and buyer activity? Not to spoil it, but Mike is optimistic about the 2025 housing market and what will come over the next twelve months.
Mike breaks down each prediction and what could affect YOU the most, whether you’re buying or selling homes. Plus, he shares the one metric his team is watching carefully to see which direction the 2025 housing market is headed.
In This Episode We Cover
HousingWire’s 2025 housing market forecast and 2024 housing market recap
The mortgage rate range you can expect over the next twelve months
Home price growth and exactly how much the HousingWire team expects in 2025
Why housing inventory is starting to climb again (and whether it will continue in 2025)
One metric Mike and his team are paying very close attention to in 2025
The market’s reaction to the 2024 election and President-Elect Trump’s win
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Find Investor-Friendly Lenders
Dave's BiggerPockets Profile
On The Market Podcast 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?)
Altos Research
HousingWire’s 2025 Housing Market Forecast
Get Ready to Invest in 2025 with Dave’s Book, “Start with Strategy”
Jump to topic:
(00:00) Intro
(01:05) Biggest Surprise of 2024
(03:17) Housing Inventory Up 27%!
(08:42) American Migration Freezes
(12:57) 2025 Mortgage Rates
(16:46) More Homes on the Market?
(18:20) Post-Election Housing Market Changes
(27:08) Home Price Forecast
(27:49) One Thing to WATCH
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-274
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
35:16
The Housing Market is Changing (Deals Are Coming in Winter)
Discounted real estate deals could be coming THIS winter as the housing market begins to “thaw.” Today, Dave is flying solo, bringing you a housing market update on all the crucial factors real estate investors are looking at—home prices, mortgage rates, housing supply, and rent prices. Even with home sales falling by a massive margin, home prices are still at all-time highs, and the housing market is “stuck,” but we could see some sellers taking price cuts this winter if you’re willing to take advantage.
Okay, but how can home prices still be THIS high when the total home sales are twenty percent lower than average and around fifty percent under the recent highs? It’s simple—affordability struggles. High rates, high prices, and “locked-in” homeowners staying in place keep the market frozen. So, why does Dave believe sellers will be more inclined to drop their prices this winter? Where does he believe interest rates will be by the end of the year? And what’s the one thing that could get the housing market “unstuck”?
In This Episode We Cover
Why Dave believes real estate deals are coming THIS winter
Mortgage rate predictions and how low rates could go by the end of this year
Whether to buy now or wait for affordability to improve, prices to drop, and rates to fall
Why home prices are still rising EVEN with homebuyer demand plummeting
The MASSIVE drop in home sales since the pandemic boom and why prices have remained high
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Shop the BiggerPockets Bookstore Black Friday SALE
Find an Investor-Friendly Agent in Your Area
Dave's BiggerPockets Profile
On The Market Podcast 255 - The Fed Finally Cuts Rates, but Will It Even Matter?
Nearly A Quarter of Prospective First-Time Homebuyers are Holding Off Until After the Election: Redfin Survey
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-273
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].
Learn more about your ad choices. Visit megaphone.fm/adchoices
The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.
USA