Molly Wood , JCAL , Redfin CEO Glenn Kolman and Divvey CEO Adena Hefets share what’s happenning in the USA real estate market ! 

Interest rates rising, housing unaffordable, , growth doubled since 2020!!!

Divvy – rent owner company – great way to purchase a property with the support of a capital base . Individual rents a property – buyer picks a home – part of rent to purchase – pays more to own 10pc over 3 years and then takes a mortgage 

gets  people into property faster 

Redfin Online realestate  – charges 1pc – using technology to sell a property 

• Raising interest – massive impact – debt to income ratio – you can buy less home !! Banks only lend a percentage of what you earn !!
• Demand falling off a Cliff – currently down 30pc demand – inventory building up !
• Tail of many cities – hitting various regions differently 
• IBuyers , institutions , builder mark properties down weekly 
• People can’t buy – need to rent
• Most rental mom and pop. Not institutional – won’t sell in a hurry 
• 15pc to 20pc increase for new tennants 
• Land lost cost of capital increasing to cover higher costs 
• Lower vacancy 

What does this mean for property prices over next 5 years ?