Household income in 1990 was worth about 78 ounces of gold. Today it's about 19. Same work, same income, more or less. The thing we get paid in just got smaller. This is the part of the show where I open up my brain and let it all fall out…
The national story says nobody's buying and nobody's selling. Texas closed sales have been running ahead of last year for months. So what is the Texas housing market actually doing in 2026? Prices are basically flat, inventory is just past balanced, and sellers are negotiating. And the question every client…
Oil dropped 4% and mortgage rates went up anyway. So if it isn't oil, what's actually moving your rate? In three weeks the 30-year went from about 6.89% to 7.58% (Mortgage News Daily index averages, as of 9/29/26). Everybody's blaming oil and the war. The numbers say something else. In…
Everybody's blaming oil and the war for the rate jump. Oil dropped 4% and rates climbed anyway. What's actually moving them is economic data coming in strong, the expectation it keeps coming in strong, and the government debt somebody has to buy. Full episode: https://youtu.be/mHxnTwFPG_I Mike Mills | NMLS #756263…
The 30-year mortgage went from 6.89% to 7.58% in three weeks. Everybody's blaming oil and the war in Iran — but oil dropped 4% the same day rates hit their high, and rates went up anyway. So what's actually moving your rate? Where does a mortgage rate even come from?…
Everybody's hesitant about buying a house right now. High prices, high rates. So why did Warren Buffett's company just buy almost 10% of Lennar, one of the biggest homebuilders in America? And it's not a one-off. Berkshire bought Taylor Morrison outright this summer, owns a piece of D.R. Horton, and…
The 10-year Treasury closed at 5.1% today, the highest since 2007. Your buyers saw the headline. Here are the numbers behind it. 10-year up 13 basis points in one morning after a hot services report Oil back above $103 a barrel Residential construction spending down 7.3% year over year, while…
Most realtors use AI like a search box — type a question, close the tab. Here's how to set up ChatGPT or Claude like a real employee that knows your market, your voice, and your business — plus this week's rates and the DFW housing update. CHAPTERS / TIMESTAMPS 0:00…
Most realtors use AI like a search box — type a question, close the tab. Here's how to set up ChatGPT or Claude like a real employee that knows your market, your voice, and your business — plus this week's rates and the DFW housing update. CHAPTERS / TIMESTAMPS 0:00…
How do you actually start using AI in real estate — without 40 tools, 50 prompts, or a $999 masterclass? In Episode 192 of The Texas Real Estate & Finance Podcast, Mike Mills talks with Jeff Loyd, President & co-founder of Cloud Team Realty (one of the first DFW brokerages…
Everyone keeps telling Realtors they have to use AI — and nobody shows them where to actually start. This one's for the agents who haven't touched it or barely used it. No jargon, no deep dive, no "just sign into ChatGPT and figure it out." Just small, simple moves any…
What does AI say about you when a buyer isn't in the room? After six months away, Mike Mills is back with a full relaunch — and the uncomfortable truth about how AI now decides which realtor gets the referral. Plus a mortgage rate story that runs through a war,…
Texas reclaimed the #1 state spot, and 3 of the top 10 metros are in Texas. With rates dropping and spring market 60-90 days away, buyer demand is waking up fast. Right now you still have leverage - homes sitting on market, seller concessions available. But when rates hit the…
President Trump called for capping credit card interest at 10%. Here's why it's more complicated than it sounds: ❌ He can't just execute this - Congress must pass it ❌ Bernie Sanders tried. AOC tried. Both failed. ❌ Banks would lose $140+ billion 📉 Market reaction was IMMEDIATE: Capital One…
In the last few weeks: institutional investor ban, 50-year mortgages, portable loans, and $200B in MBS purchases (already started). Rates moved down slightly. Is it perfect? No. But I'm giving this an A for effort after years of nothing. If you've been waiting for things to improve, this is what…
Trump just announced he's banning institutional investors from buying homes. Sounds great, right? Let's talk about what the data ACTUALLY shows... 🏠 Here in DFW, 43-52% of home purchases went to "institutional buyers" in recent years. But nationally? Only 2.5% are the big players like Blackstone. So what's the truth?…
The housing market crash callers have been wrong for 3 straight years. So why would 2026 be any different? In this video, I break down what institutional economists are ACTUALLY predicting for the 2026 housing market—specifically here in Dallas-Fort Worth and North Texas. 🔍 WHAT WE COVER: → Why crash…
𝐑𝐞𝐚𝐥 𝐂𝐨𝐥𝐥𝐞𝐠𝐞 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 are at the center of this episode—and if your clients ever ask, “How do we save for college AND still buy a home?” this conversation gives you clear, practical language you can use immediately. Mike and his daughter, Catey, break down their real family experience navigating…
Realtors: Stop Waiting for Perfect Content Perfection doesn’t sell — authenticity does. Lauren Kerschen shares how Realtors can grow faster by posting consistently and supporting each other online. 🎧 Full episode: https://www.thetexasrealestateandfinancepodcast.com/solo-vs-team-realtors/ #RealEstatePodcast #RealtorTips #ContentCreation #TexasHousing
SPECIAL EDITION: Texas Real Estate & Finance Podcast! I know this isn't our usual real estate and mortgage talk - but before Catey Jane heads off to college, I wanted to do one final episode in our father-daughter financial literacy series. If you're a parent (or thinking about becoming one),…
Lauren Kerschen explains how commission splits on real estate teams compare to major brokerages — and why the right team structure can accelerate your business growth. 🎧 Full episode: https://www.thetexasrealestateandfinancepodcast.com/solo-vs-team-realtors/ #RealEstatePodcast #RealtorTips #RealEstateTeams #TexasHousingMarket #MortgageFinance
The Fed finally cut rates—but mortgage rates went up. 🤔 In this week’s Market Update, I break down: • Why rates rose after the Fed meeting • What Jerome Powell really said • What Texas housing data reveals about turnover and pricing • Smart moves for buyers, sellers, and agents…
@laurenkerschenrealtor reveals how she uses AI to build “property dossiers” — detailed, data-backed reports that give Realtors an edge in every listing appointment. 🎧 Watch the full episode: https://www.thetexasrealestateandfinancepodcast.com/solo-vs-team-realtors/ #RealEstatePodcast #AIinRealEstate #RealtorTips #ListingPresentation #TexasHousingMarket
The Fed rate cut reaction has everyone talking—but not for the reason you think. The Fed lowered rates, yet mortgage rates jumped, leaving Realtors and buyers scratching their heads. In this episode, Mike Mills breaks down why it happened, what Jerome Powell actually said, and how to navigate one of…