#39 The Buyer’s Dilemma: Chasing Prices In An Ever-evolving Market Part 1

Melvin Lim and Yu Rong, are joined by Sebastian and Alexa, recollecting the recent news of potential Fed pivot and adjusting of interest rates, untangling the complexities of buyer behaviour, market perceptions and the potential impact of recent news on the market. 

With 11 rounds of rate hikes already in the books, what would it mean for the market and seller-buyer behaviour if there was a Fed pivot and interest rate adjustment. Diving deep into the intricacies of real estate trends and how their behaviour is very much human-influenced, this episode on Nugget On The Go is one that could reshape your perspective on market dynamics and buyer decisions!Stay tuned for part 2!

(00:00:00) Introduction
(00:04:31) Potential Fed Pivot & Interest Rates Dip
(00:11:36) What if interest rates drop further?
(00:18:30)Missing opportunities
(00:20:00) Sellers' Market and Buyers' Market
(00:25:42) Not enough listings
(00:27:28) PropertyGuru Supply Index
(00:30:11) Solving imperfect information in the market
(00:37:15) Teaser
(00:37:53) Bloopers