EPISODE · Nov 9, 2022 · 26 MIN
110. Why This Recession Has Us Excited
from Investor's Guide to Memphis Real Estate · host CrestCore Realty
"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.
What this episode covers
"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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110. Why This Recession Has Us Excited
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