https://www.youtube.com/watch?v=HtgrolAT4dY

May 14, 2025 M3 Market Update
#silentdepression #creditcrisis #phoenixhousing

M3 Market Update is a review of the current state of housing (including long and short-term rental), commercial real estate and mortgage finance with relevant data and drivers. Not investment advice.

I interview John Wake, a licensed real estate agent in Phoenix who has been tracking the market for over 19 years. John is a data nerd like me who has been surprised to see the inventory growth this season. John also shares what he is seeing on the ground and in his MLS which believe it or not was a -$19K price reduction.

Like last time Arizona will play a starring role in the upcoming housing correction.

Also - you will want to check out my latest Substack on the new realization regarding Student Loans and delinquent FHA: https://open.substack.com/pub/m3melod...

Make housing boring again!

You can find John @:

https://x.com/JohnWake
https://realestatedecoded.com/john-wake/
/ john-wake
https://arizonarealestatenotebook.com/