Byron Lazine and Tom Toole discuss falling mortgage rates falling after inflation and job growth reports, predictions on what the Fed will do next, a slight uptick in inventory, home prices bottoming out, and how to win the second quarter in real estate.

Use the discount code BAM23 for Virtudesk to hire your first virtual assistant today and save $250 on the start-up fee: https://bit.ly/Virtudesk-BAM

Get your ticket to an exclusive all-day Mastermind Golf Experience at the Tiburón Golf Club at The Ritz-Carlton Naples on Friday, May 5, 2023. Space is limited. Book your spot today: https://brokeagentmedia.lpages.co/bam-golf-mastermind/

Subscribe to Knowledge Brokers Podcast today: https://www.youtube.com/@knowledgebrokerspodcast?sub_confirmation=1

Join the 5AM Call: https://5amcall.com/

Timestamps:

00:00–00:59 Intro

00:59 Exciting news about inflation and mortgage rates

04:05 Slight uptick in inventory

06:30 Stabilization in the rental market

07:55 It’s now or never to get people to list their homes

10:45 Best times to make phone calls

12:00 What Byron is sending to homeowners and home shoppers to start conversations

16:33 How to win the second quarter (it’s all in the timing)

21:44 Let’s talk about the Fed

30:31 National home prices have bottomed out (chart: CoreLogic home price forecast)

37:19 “This is your fourth quarter moment”

Show Resources:

https://www.housingwire.com/articles/mortgage-rates-drop-again-amid-weaker-inflation-slowing-job-growth/?cx_testId=3&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXZNOASUT0V6#cxrecs_s

https://www.housingwire.com/articles/better-inflation-data-wont-sway-the-fed/?cx_testId=6&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EXAPB9I50LOS#cxrecs_s

https://www.housingwire.com/articles/housing-market-tracker-mortgage-rates-drop-almost-1/?_ptid=%7Bkpdx%7DAAAAy3-X-fvwvAoKbnZCdWZxcThwdRIQbGdnZXYzbmw5M3NwbjAyZBoMRVhMTzVLUFBMMlZSIiUxODA4ODJvMGM0LTAwMDAzMXJ2YWRyZmk2cWhlc2kwbDBzdDdnKhpzaG93VGVtcGxhdGVVRDRKWFZYWjBGUk4xMTABOgxPVFhBQlRLTjZLQ1VSEnYtbGdnZW53cTM2d3FtNmRsYVonMjYwMDo0MDQwOjdmNzM6OWUwMDo1NTYyOmQ3MDU6MmJmOTo0NTE1YgNkbWNo5frpoQZwA3gE

https://fortune.com/2023/04/11/housing-market-national-home-prices-just-bottomed-says-corelogic/

—-------

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: http://eepurl.com/hZU-Vn

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/

#realestateagent #ratehikes #realestateleads

Zee Spencer: How Can We Reduce Carrying Costs?

Helpful Links

Subscribe to Maintainable on: