Understanding Fed Chairman Powell's Odd Comments on Housing | Knowledge Brokers Podcast 030

Jul 28, 2023

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Byron Lazine and Tom Toole discuss the Fed's latest rate hike, Powell's words on inventory, BAMx – Become a better agent: https://bamx.uscreen.io/pages/subscribe Use discount code KNOWLEDGEBROKERS for 10% off your annual subscription! Join us in August at the TF Success Summit!! Use promo code PRBAMSS for $100 OFF!! https://www.tomferry.com/ssb Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1 Join the 5AM Call: https://5amcall.com/ Timestamps: 00:00–00:57 Intro 00:57 The Fed’s latest rate hike & what Powell (likely) meant 07:20 The homeowner advantage and the resilience of the U.S. economy 09:36 The impact of rate hikes on rents and rental properties 11:16 Barry Sternlicht’s “Category 5 hurricane” 14:09 The impact on regional banks and Byron’s question for the Fed 15:53 Melissa Cohn—a first-rate knowledge broker in the mortgage lending space 19:39 Your bedroom is not the place to do business. 20:54 Predictions on (falling) mortgage rates 22:00 Highest homeowner equity in the last four years 26:48 Email: for 99% of knowledge brokers, it’s not as important to your consumers 28:54 Byron’s BAMx livestream, “Breaking Down Lead Sources” & Zillow Live Leads 31:34 The WORST advice in the world—and what you need to know 33:25 The knowledge broker gets personality types. 35:17 What separates knowledge brokers from other agents Show Resources: —------- 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/ Connect with Lisa Chinatti: https://www.instagram.com/lisachinatti/