The 10 Year Debt Ceiling Deal Is Coming Down

Byron Lazine and Tom Toole discuss the debt ceiling deal and what it means for mortgages, whether the housing bill will incentivize sellers, public support for median-priced home building, the May jobs report, housing inventory, and the top five income-producing activities for agents BAMx – Become a better agent: https://bamx.uscreen.io/pages/subscribe Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription! Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1 Join the 5AM Call: https://5amcall.com/ Timestamps: 00:00–01:01 Intro 01:01 May jobs report 03:25 Predictions on Fed moves in June and July 06:13 The U.S. debt deal 06:29 Reactions to the debt deal in the 10 year, stock market, and 30-year fixed 08:23 The benefits of being a knowledge broker 11:11 The Ivy Zellman quote and micro- + macro-level market knowledge 12:32 Logan Mohtashami Tweet on the 10 year & Lance Lambert on inventory 16:58 Competition for starter homes and public support for median priced new construction 24:06 Top five income-producing activities 27:08 #1—Have conversations with people—on the phone or in person 28:50 #2—Become a weekend warrior! 33:35 #3—Prioritize making conversations during the proper times (Harvard study) 37:38 #4—Get leads that you don’t have to pay up front for. 40:55 #5—Set, run, and execute on appointments 42:48 What’s not on the list Show Resources: https://www.housingwire.com/articles/leaders-struck-a-debt-ceiling-deal-what-does-it-mean-for-mortgages/?cx_testId=3&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EXZNOASUT0V6#cxrecs_shttps://www.housingwire.com/articles/house-bill-would-incentivize-home-selling-in-effort-to-boost-supply/?cx_testId=6&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EXAPB9I50LOS#cxrecs_shttps://nowbam.com/majority-of-adults-support-new-homes-to-improve-housing-affordability/ https://www.cnbc.com/2023/06/02/jobs-report-may-2023-.html https://twitter.com/NewsLambert/status/1664384883769131009?s=20 —------- BAM delivers real estate news, education, and entertainment with nonstop original content from an unmatchable line-up of industry personalities and top producers. Subscribe to BAM YouTube: https://tinyurl.com/aatxhaka. Subscribe to BAM Newsletter: https://mailchi.mp/nowbam/the-best-newsletter-in-real-estate Check out BAM: https://nowbam.com/ —---- Connect with Byron Lazine: https://www.instagram.com/byronlazine Connect with Tom Toole: https://www.instagram.com/tomtoole3rd/ #realestatepodcast #businesspodcast #realestatemarket