Warning 9.1 Months Supply of Homes!!!

Warning 9.1 Months Supply of Homes!!!

Author: Michael Zuber July 16, 2024 Duration: 18:56

In this episode, we debunk the myths surrounding the alarming statistic of a 9.1 months supply of new homes. I break down the data to reveal that this figure includes homes that are under construction and even those that haven't been started yet. In reality, there are only 1.9 months of supply of completed homes. We also discuss the recent trends in the housing market, the surprising percentage of new homes bought with cash, and the impact of falling lumber prices on the construction industry. Additionally, we touch on the latest mortgage demand data and the challenges in the rental market in Canada.


Timeline Summary

[00:00] - Introduction and debunking the 9.1 months supply of new homes myth.

[00:37] - Breakdown of the three categories of new home supply.

[04:12] - National Association of Home Builders survey on cash purchases of new homes.

[05:09] - Announcement of "Buying Vegas" Episode Two release.

[05:37] - Importance of understanding your local market and buy box.

[07:56] - Recent trends in mortgage demand and refi applications.

[08:21] - Discussion on the crashing lumber prices and its implications.

[10:29] - Upcoming guest appearances and opportunities for community engagement.

[11:17] - Layoff announcements and the impact on the economy.

[12:10] - Rising rental costs in Canada and the affordability crisis.

[13:05] - Examination of price cuts and the bifurcated housing market.

[14:30] - Prediction of a slowdown in existing home sales.

[15:02] - Success story of a seller financing deal on four duplexes.

[16:13] - Encouragement to do the work and take advantage of market opportunities.


Links & Resources

Thank you for tuning in! If you enjoyed this episode, please rate, follow, share, and review our podcast. Your support helps us continue to bring you valuable insights and lively discussions. Stay proactive, stay informed, and let's navigate these economic shifts together.



Michael Zuber’s One Rental At A Time is for anyone who’s ever looked at real estate investing from a distance, intrigued by the possibility of financial independence but convinced their current schedule makes it impossible. This podcast dismantles that assumption by focusing on the steady, incremental approach that its title suggests. Instead of complex theories or get-rich-quick schemes, you’ll hear practical conversations about the tangible steps involved in acquiring and managing rental properties. The discussions stem from Michael’s own journey and the experiences of many others who have built a meaningful second income stream through this method. Each episode feels like a straightforward talk about turning a sidelined idea into a actionable plan, addressing the real balancing act between work, family, and building something for the future. Tuning into this podcast, you’ll find a grounded resource in the business and investing space, one that emphasizes how long-term holding and thoughtful acquisition can quietly reshape your financial landscape without demanding you upend your existing life overnight.
Author: Language: en-us Episodes: 100

One Rental At A Time
Podcast Episodes
NEW ZILLOW Housing Forecast is 20- Worse Than Redfin! [not-audio_url] [/not-audio_url]

Duration: 13:36
In this episode, we explore the latest housing market forecasts from Zillow and Redfin, with Zillow's forecast being 20% worse than Redfin's. We also discuss Neel Kashkari's comments on potential rate cuts and their impl…
Housing Market Update - Write Aggressive Offers [not-audio_url] [/not-audio_url]

Duration: 19:10
In this episode, we dive into the current state of the housing market, emphasizing the importance of writing aggressive offers and understanding market dynamics like days on market and price reductions. We discuss notabl…
HOUSING CRASH ACCELERATING!!! [not-audio_url] [/not-audio_url]

Duration: 20:56
In this episode, we delve into the accelerating housing market crash, examining the latest data on transactions, inventory, and price trends. I share insights from Altus Research and discuss the impact of high interest r…
Tom Brady Hall of Fame Speech [not-audio_url] [/not-audio_url]

Duration: 15:55
In this episode, I give a special shout-out to all the fathers on Father’s Day and dive into Tom Brady's inspiring Hall of Fame speech. Despite not being a Brady fan, I highlight the valuable life lessons he shared about…
Housing Market Runs Out of Gas - Now What? [not-audio_url] [/not-audio_url]

Duration: 16:20
In this episode, we explore the recent shifts in the housing market, focusing on increasing inventory, extended days on market, and what these changes mean for investors and home buyers. With insights from experienced re…
Dow to 100,000!!!! Crash Up!!! [not-audio_url] [/not-audio_url]

Duration: 17:34
In this episode, we dive into the bold prediction that the Dow Jones Industrial Average could reach 100,000 within the next nine years. I discuss the factors that could drive such a massive increase, including historical…
Why He Buys Rentals for CASH (NO DEBT)? [not-audio_url] [/not-audio_url]

Duration: 26:26
In today's episode of "One Rental at a Time," I sit down with Austin Thorne to explore the concept of financial peace versus financial gain. Austin shares his journey from being a professional basketball player to buying…
Will First Rate Cut be in September or November? [not-audio_url] [/not-audio_url]

Duration: 28:47
In today's episode of "One Rental at a Time," we dive into the latest economic data and forecasts, including a hot jobs report and upcoming CPI and PPI releases. We discuss the implications of these numbers on potential…
Mortgage Demand Explodes as Rates Fall [not-audio_url] [/not-audio_url]

Duration: 10:51
In today's episode of "One Rental at a Time," we discuss the recent surge in mortgage applications as interest rates fall, the implications of the latest Federal Reserve meeting, and a significant change in VA mortgage g…
HOME PRICES TO FALL!!! Redfin CEO [not-audio_url] [/not-audio_url]

Duration: 17:56
In this episode of "One Rental at a Time," we delve into the latest economic indicators and predictions about the housing market. We discuss key updates from the Federal Reserve, including the dot plot and unemployment c…