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Market Updates: Housing, Automotive, and Cyber Industries Converge in a Changing Landscape
We've got a lot to talk about today! Of course, we're going to talk about the housing market, but not just any old news on the housing market. There are indications that we're not at the peak of the housing market. There are a lot of predictions and even data that show that not only home prices will go up, but interest rates will go up. Usually, when interest rates go up, home prices go down. But there are some data and reports coming out that show that both of them might go up in the near future. We'll talk about why and how it's related to the larger employment market and the overall economy.Of course, we're also going to talk about the automotive industry. And there's some data coming out today from one of the largest automotive processors, Manheim. There's a crash in used car prices that may affect your trade-in value. It may also affect if you're looking to buy a used car, what's available. But at the same time, some new cars are also going up. But there's one area of new cars where the prices are going down because there are too many of them. And that could be related to some government regulations.We'll also talk about some scams with auto sales, where there are some fake ghost dealers selling vehicles that they're not supposed to be selling. And lastly, of course, we'll talk about the cyber market and more commercial risk and liability markets.Episode Resources:ActualHuman.comTake control of your service experiences and connect with real humans who truly understand you at ActualHuman.com. No more frustrating interactions with chatbots or impersonal automated systems. Our platform brings you licensed and certified professionals who are ready to listen, provide personalized guidance, and support you in your unique needs. Say goodbye to generic responses and hello to expert assistance from real people. Get started with a consultation or custom video response today.