Many predicted that COVID-19 would cause real estate markets to crash. But now, after one full year of economic uncertainty, U.S. housing markets seem hotter than ever. What gives? On today’s State of the Market podcast, Aaron and Matt Amuchastegui discuss what’s driving rapidly rising property values. Tune in and get their thoughts on whether or not we’re in a bubble. Plus, you’ll hear about the insane cost of lumber right now, the political implications of population shifts, and more.
Listen to the Podcast Here
Watch the Episode Here
Listen to This Podcast and Learn:
- The insane cost of lumber right now [2:29]
- Americans willing to pay more for existing homes than new builds [3:50]
- Manhattanites opt for Brooklyn over Florida [6:54]
- The political implications of population shifts [8:51]
- Forbearance rates continue to drop [12:15]
- Businesses report major labor shortages [15:20]
- A potential fix for the unemployment problem [20:20]
- Blockchain’s place in the real estate industry [23:22]
- Matt’s advice for today’s homebuyers [25:36]
- Final thoughts [27:10]
About The Author
Aaron Amuchastegui
Aaron has experienced some of life’s lowest lows and highest highs. In the past 10 years, Aaron has started several companies and led them to success. He’s also bought and sold more than 700 homes nationwide. As Aaron says, he’s gone from “being broke to being blessed.” On the Real Estate Rockstars Podcast, he’s hoping to drive others to succeed by sharing guests’ inspiring stories.