MARKET UPDATE | Join Dylan De Bruin, Chris Chiaramonte, Ethan Hokel, and Jason Mickelson as they discuss a housing market that remains “stuck” as rising inventory, affordability challenges, and persistent mortgage rates continue to shape today’s real estate landscape. In this episode: 01:52 AI Slop Debate 03:18 ChatGPT Gets Tricked 07:36 June Market Update Begins 07:50 Transaction Volume Stuck 12:45 Home Prices Hold Up 17:31 Mortgage Rates Lock In 21:29 Fed Talk and Inflation 24:14 Berkshire Bets on Housing 27:15 Affordability Still Tough 28:13 Affordability Reality Check 29:22 Buy Now Or Wait 30:03 Inflation And Free Money 33:03 Standoff And Slow Reset 34:35 Inventory Finally Rising 36:16 Multiple Offers Myth 39:19 Builders Carrying Market 42:25 Bull Base Bear Outlook 45:11 Economy Sentiment Debate 47:21 Foreclosures And Debt Fears 50:19 Clients Using ChatGPT 53:00 Mindset And Second Half 57:52 Closing Thoughts Subscribe to the More Than More Podcast for new weekly episodes as we discuss building meaningful and impactful businesses, careers, and lives through real estate. Apple Podcasts Spotify YouTube

Real Estate Market Update: June 2026

More Than More

# Full Transcript

**Podcast:** More Than More

## Transcript

Welcome to the More Than More podcast where we discuss building meaningful, impactful businesses, careers and lives through real estate. Welcome back, gentlemen. It's good to be back. I feel like we just need to do a podcast of our pre-podcast. That'd be fun. Other than all the language that I would have to strip out because you guys are just disgusting people. Do you have a beep button? No beep button. We don't edit. We've never edited anything out.

Oh, uncut. Yeah, that's sweet. There have been F-bombs. We've had a couple of those. I mean, I gave people dirty looks but that was as much as happened. I feel like we keep it pretty clean. We do. Let's throw some F-bombs around today. Well, there's plenty of energy in the room. I've been accused of having some sort of anxious energy. Anxious, very anxious energy today. And I'm sitting next to it and now I feel it. So we've covered social conventions in the city of Huxley.

We've covered all sorts of things pre-podcast. What are we here for? It is the June market update. It is. And we're here to, well, yeah, we're here to talk about where we're at. Does it snow in South Africa? This is a great place to start. I'm so glad you went there. I've been thinking about it and it just popped into my head and I want to know. Not where I grew up. I grew up in like Miami. So I've never seen snow, but there's mountainous areas that get snow like once a year. Okay.

On the globe, it looks like it's close to Antarctica. I think you're looking at the flat earth globe. It does though. I can see that. So I've been surprised by how many people are flat earthers these days. It's everywhere. Must be in the algorithm. Yeah, it's not. These are real human beings that I'm talking to. I'm sure it's round. I've been chatting with our staff about this. I think people have lost their minds. Back to the June market update.

I'm going to do something weird this month with you guys. I'm probably going to regret this, but I asked ChatGPT to stack up the discussion points for us. And I've created an executive summary of what the market's doing. So I'm going to read their stuff and you guys can tell me what you think about that. How's that sound? I'm glad you were open and honest because I could very much tell that was a ChatGPT written. Oh yeah, yeah. So I'm glad you just opened up. But we're talking about AI. What is it? You told me AI sucks.

No, yes. But you said you had a term. Swaller or something. Slop. Slop, yeah. AI slop is the new thing. And I'm seeing this happen very, very aggressively, especially in the youth, where it's like they look at something and you just did it, Ethan. You instantly saw that and you had an adverse reaction to it where it's like, I can tell when something's real or not real and I don't want to hear what a robot has to say and I can tell it was written by a robot. I'm out.

But I thought marketing might have prepared it just so you didn...

Real Estate Market Update: June 2026

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Real Estate Market Update: June 2026

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.