Sweat the Details by Nest Realty

We discussed the settlements 30ish days in, some of the struggles as we all adapt, how Nest has acted moving forward, the value of experience and practice, single agent dual agency, and staying true to our strengths, client and Realtor relationships, and the perspective of "better" or "worse" as decouple commissions are the new reality.

This week, we were joined by Jonathan Miller, President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm based in NYC. We covered a lot of ground - transparency in light of the NAR settlement, how long it might take to find the needed market equilibrium, the magic interest rate number that will open up the market and the offset effect cash buyers, the coming homeowners insurance market crisis, unemployment, and the lack of a "national" market.

Hey Everybody - we are taking a short break this week and next. We are planning on what the second half of the year looks like for Nest Realty and Sweat The Details. We'll see you all very soon!

This week, Jim and Keith talk about where they seek and find inspiration for knowledge and creativity when advising clients and agents, and for writing and learning.

We welcomed Danushka Nanayakkara [https://www.linkedin.com/in/danushka-nanayakkara-234a2223/], an economist with the National Association of Homebuilders [https://eyeonhousing.org/author/dnanayakkara/]. We talked about home sales, [https://eyeonhousing.org/2024/05/new-home-sales-in-april-down-on-higher-mortgage-rates/] builder confidence, what builders pay in interest when they are building, acquisition & development, building for rent, square footage of new homes, [https://eyeonhousing.org/2024/05/preference-for-new-homes-keeps-rising/] what homebuyers want, the mortgage rate lock-in effect, [https://www.resiclubanalytics.com/p/persistence-lockin-effect-eased-not-vanished] population and immigration. --