110. Why This Recession Has Us Excited

Episode 110 of the Investor's Guide to Memphis Real Estate podcast, hosted by CrestCore Realty, titled "110. Why This Recession Has Us Excited" was published on November 9, 2022 and runs 26 minutes.

November 9, 2022 ·26m · Investor's Guide to Memphis Real Estate

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Summary

"25% DECLINE!" That is the scary headline. But Halloween is over so don't be spooked. This is a market reset and we're going to see a lot of opportunities. The hedge funds have paused and with them not competing there are more options for you. The rates are higher but you're getting a better-quality house. So, stop reading the headlines. People are buying. The sales are there. There are fifty houses being bought and sold in Memphis today. You may be down by ten at halftime but you can still make adjustments and win. PRO-TIP #1: Econ. 101: Inventory demand is too high and supply is too low for the market to plummet. PRO-TIP #2: Preparation leads to luck. Strategy leads to luck. Planning leads to luck. Have any questions? Shoot me an email: [email protected] Dean Harris, VP of Sales at CrestCore Realty Douglas Skipworth, Founder & Principal Broker at CrestCore Realty Podcast production and design by Parasaur Studios This podcast is brought to you by William N. Griffin, Jr., Atty Griffin, Clift, Everton & Maschmeyer PLLC.

Episode Description

"25% DECLINE!" That is the scary headline. But Halloween is over so don't be spooked.

This is a market reset and we're going to see a lot of opportunities. The hedge funds have paused and with them not competing there are more options for you. The rates are higher but you're getting a better-quality house.

So, stop reading the headlines. People are buying. The sales are there. There are fifty houses being bought and sold in Memphis today. You may be down by ten at halftime but you can still make adjustments and win.

PRO-TIP #1: Econ. 101: Inventory demand is too high and supply is too low for the market to plummet.

PRO-TIP #2: Preparation leads to luck. Strategy leads to luck. Planning leads to luck.

Have any questions? Shoot me an email: [email protected]

Dean Harris, VP of Sales at CrestCore Realty
Douglas Skipworth, Founder & Principal Broker at CrestCore Realty
Podcast production and design by Parasaur Studios

This podcast is brought to you by William N. Griffin, Jr., Atty
Griffin, Clift, Everton & Maschmeyer PLLC.

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