U.S. Existing Home Sales Rise

The video discusses the impact of rising mortgage rates on housing demand, particularly in South Florida, where demand remains high due to cash buyers. It highlights supply shortages and labor challenges affecting the market, causing delays in projects. The discussion also covers potential solutions, such as higher interest rates, to stabilize the market. Finally, it explores the commercial sector's growth, driven by high demand for rental properties and condos.

What impact do you think rising mortgage rates will have on demand in the housing market?

How has the supply of homes affected the real estate market in South Florida?

What are the current challenges faced in the supply side of the housing market?

In what ways do you think the labor shortage is affecting the construction industry?

What trends are you observing in the commercial real estate sector in South Florida?