Real Estate Market Predictions with Russell Simmons | RHL Podcast

Join us for an insightful discussion with Russell Simmons, a seasoned real estate expert with decades of experience in Houston's dynamic market. From his early start as a teenager to managing over 500 properties and mentoring new agents, Russell shares his unique perspective on the state of the economy, housing trends, and what’s ahead for 2025. Learn about the challenges of housing inventory, the impact of rising mortgage rates, and the opportunities Houston offers to investors and homeowners alike. Don’t miss this deep dive into one of the nation’s most resilient real estate markets!

TIME STAMPS:

0:00 - INTRO
14:25 - Thoughts on the Housing Market
22:48 - Market Predictions
29:17 - Thoughts on Inflation Numbers in 2025
30:03 - Average Mortgage Rate
31:39 - Home Sales
34:04 - Home Prices
35:46 - Single-Family & Multifamily Rents
44:04 - Single-Family & Multifamily Values
50:22 - Final Thoughts on Overall Economy and Housing
54:20 - Personal Questions for Russel Simmons
58:42 - Q&A