Mortgage Rates, Construction Costs And Labor Shortages Sour Homebuilders Sentiment

Mortgage Rates, Construction Costs And Labor Shortages Sour Homebuilders Sentiment

In this episode of the “Miami Reporters Roundtable Podcast With Peter Zalewski of Condo Vultures®,” a panel of four former journalists discuss how rising mortgage rates, high material costs and a lack of construction workers is souring the sentiment of homebuilders.

The discussion is based on this story from CNBC: “Homebuilder Sentiment Drops Sharply, As Mortgage Rates Surge Over 7%”

Here’s a link: ‘https://www.cnbc.com/2023/08/15/homebuilder-sentiment-drops-mortgage-rates-surge.html

This week’s panel is comprised of Zalewski along with former business reporters John Fakler, Jean Gruss of Gruss Communications and residential bureau chief Katherine Kallergis of The Real Deal.

This program features current and former journalists discussing the biggest stories from the previous week. The objective of this program is to cut through the fluff and hyperbole of South Florida real estate marketing, in hopes, of assisting the audience to better understand the key points impacting decision making.

The ‘Miami Reporters Roundtable Podcasts With Peter Zalewski’ can be viewed or heard wherever you get your podcasts. Alternatively, this podcast is available on the YouTube.com channel: CondoVulturesTV.

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Please send all questions and comments to @MiamiRRP on X (formerly Twitter), Instagram and TikTok. To ask a question or make a comment, please reach us at inquiry@condovultures.com or 305.865.5859