What’s going on in the housing market? 

What tax opportunities can homeowners take advantage of?

Get answers to these questions by listening to this week’s Ilyce Glink Show. You can click the audio link below to listen to the full show, or download the podcast via iTunes.

This week I talk to four guests: Svenja Gudell, the Senior Director of Economic Research at Zillow; Dan Goldstein, a real estate reporter for MarketWatch; Marisa Calderon, the Chief of Staff at NAHREP (National Association of Hispanic Real Estate Professionals); and Peter Thomas Ricci, who works at Chicago Agent Magazine.

More About This Show

Negative Equity Rate Flattens: [4:47]
Certain real estate market trends are putting a squeeze on middle and working class Americans. I talk to Svenja Gudell about what she’s seeing.

10 Tax Tips for Homeowners: [13:56]
For those of you who waited until the last minute, or got an extension on your taxes, Dan Goldstein has ten important tips.

Quick Growth in the Hispanic Household Formation: [25:23]
The NAHREP just released its fifth annual State of Hispanic Homeownership Report. This is important because the U.S. Census Bureau counted 320,000 new hispanic households in 2014, which accounted for 40 percent of all the new household formations in the U.S. last year. I have Marisa Calderon on the show to talk more about this.

Affordable Chicago Homes Still Out of Reach for Many Buyers: [34:47]
What challenges are homebuyers in Chicago, my hometown, facing? Peter Thomas Ricci has been reporting on the housing crunch for middle class and millennial homebuyers in Chicago, and he’s here to talk more about it.

Glinkonomics This Week

Mortgage interest rates were pushed down last week because of the April 10th disappointing jobs report. Only 126,000 jobs were added in March and hiring slowed across the board. That’s not good news if you’re looking for a job. However, if you’re trying to buy a home, great news. The 30-year fixed rate mortgage fell to 3.66 percent with an average of about a half point. The 15-year fixed-rate mortgage slid to 2.93 percent. It’s been below 3 percent for the past few weeks. These are incredible interest rates, so if you haven’t done so yet, get out and refinance your mortgage.

If you have any questions about this show or in general, email me at questions@thinkglink.com.

Click the audio link below to listen to the full Ilyce Glink Show.

Thanks for listening!