Market Updates Episodes
Mike's weekly solo Market Update for Texas Realtors. Mortgage rates and what's moving them, DFW housing numbers, a buyer, seller or agent tip, and one AI workflow you can put to work in your business this week.
79
Nov. 21, 2023
Real Estate Market Update Nov 21, 2023: Good Housing News, Bad Economy News, & Homes.com good or bad?
In this episode of the Texas Real Estate and Finance Podcast, host Mike Mills provides a weekly real estate market update. He discusses positive trends in the housing market, including increased housing starts and successful new builds. However, he also highlights challenges such as inflation, job layoffs, and the high cost of living. Mills also addresses speculation around Homes.com's potential involvement in commission lawsuits. He emphasizes the importance of being proactive in the changing r...
77
Nov. 14, 2023
Real Estate Market Update: Nov 14, 2023 - IRS Changes, Inflation Report, and NAR Homebuyer Survey
Welcome to another episode of the Texas Real Estate and Finance Podcast with your host, Mike Mills. Today, we have an exciting lineup of topics that will surely pique your interest. We'll be diving into the current state of inflation, interest rates, inventory, the U.S. credit rating, potential government shutdown, changes to the IRS tax code, and a recent report from the National Association of Realtors. Additionally, we'll be exploring the characteristics of homebuyers and the homes they purchase. Have you ever wondered about the latest trends in the real estate market? Well, we'll be discussing some fascinating statistics, such as the increasing numbers of first-time buyers and single female buyers. These trends have significant implications for both buyers and sellers, and it's crucial to understand them for effective marketing in the real estate industry. So, if you're curious about the impact of inflation and interest rates on the housing market, the potential consequences…
75
Nov. 7, 2023
Real Estate Market Update: Nov 6, 2023 Are we in a recession, and NAR Ruling!
In this episode of the Texas Real Estate and Finance Podcast, host Mike Mills discusses the current state of the economy, the potential for a recession, and the recent class action lawsuit against the National Association of Realtors (NAR). He also examines the impact of interest rates on the housing market and the potential changes in the real estate industry. Mills emphasizes the importance of real estate agents and the challenges they face, advising them to effectively communicate their value...
73
Oct. 30, 2023
Market Update Oct 30, 2023 - Is Now a good time to buy? Accessory Dwelling Units and Getting More Deals
Explore the Past, Present, and Future of Real Estate Join us on this illuminating episode of the Texas Real Estate and Finance Podcast, where we unravel the intricate connections between the housing crisis of 2008 and today's market. Discover why the economy may not be as strong as it appears, the impact of exports on GDP, and the consequences of government spending and national debt. We delve into the September Jobs Report, the Federal Reserve's rate hike cycle, and the surprising reasons why NOW is the best time to buy a house, despite the data suggesting otherwise. Plus, we explore housing affordability, supply limitations, and the power of accessory dwelling units (ADUs) for mortgage qualification. Learn how to build a robust review database and consistently grow your real estate network. Tune in for invaluable insights that will guide your real estate and financial decisions!
71
Oct. 23, 2023
Market Update Oct. 23, 2023: Rent Price Fixing, Buydowns Explained & How to win listing presentations
In this Real Estate Market Update Episode of the Texas Real Estate and Finance Podcast, host Mike Mills, a seasoned mortgage banker in the Dallas/Fort Worth Metroplex, provides a timely overview of the current real estate landscape. He highlights the impact of rising interest rates, leading to longer days on the market and increased competition among sellers. Mike emphasizes the need for innovative strategies to secure listings in today's competitive market. He also reveals the top five home improvement projects with the highest ROI that agents should recommend to their selling clients. These projects include kitchen refreshes, hardwood floor refinishing, basic listing preparation, roof replacement, and flooring replacement. By making data-driven recommendations, agents can help sellers stand out and achieve top dollar for their homes in this challenging market.
69
Oct. 16, 2023
Market Update: 10-16-23 NAR Lawsuit, Special Loan Programs, & Open House Mastery
In this podcast episode, we provide a comprehensive 'Real Estate Market Update' for October 16, 2023. Explore current interest rates, gain valuable insights into the pending class action lawsuit affecting realtors, discover homebuyer programs, and learn essential open house Jedi tips. Stay informed and enhance your real estate success with our latest insights.
67
Oct. 7, 2023
Weekly Market Update: Mortgage Rates, NAR Lawsuit, Variable Income & Atomic Habits
In this episode of the Texas Real Estate and Finance Podcast, host Mike Mills brings you market updates and news stories that every industry professional needs to know. Unfortunately, the news isn't all positive. Mortgage rates have crossed 7.8% for the first time since 2000, and existing home sales are at their lowest level since 2010. Delinquencies on mortgages are at historic lows, but credit card debt delinquencies are rising quickly. The government shutdown was avoided, but Kevin McCarthy, ...
Guest: Conrad Jackson