The NAR Debacle and Why the US Housing Market is the Best in the World

Jason discusses the unique characteristics of the US real estate market compared to other countries, focusing on mortgage market composition. He highlights the dominance of long-term fixed-rate mortgages in the US, contrasting them with variable-rate mortgages prevalent in other countries like Finland and Australia. He also touches on the impact of a recent settlement by the National Association of Realtors (NAR) in an antitrust lawsuit, predicting changes in the real estate industry, including potential industry-wide consolidation and the role of loan officers. He emphasizes the importance of this development for both industry professionals and consumers.

Key Takeaways:

0:00 The special US real estate market
5:41 NAR $418M Settlement
13:08 Find buyers before agents
15:41 A chance for consolidation
19:07 Get on the waiting list for the upcoming Empowered Investor Cruise

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