Episode 70: Tides Of Change Are Coming🌊

The tides are changing when it comes to the real estate market! Homes seem to be sitting a little longer on the market and for the moment prices seem to have stopped rising. We have our two expert guests Joe Smith from Epic Mortgage and Anthony Penna from Lawyers Title on to discuss some of these changes. Could this be another real estate bubble waiting to pop? Or are the headlines doing more to scare than educate? Tune into today's show to find out the REAL market stats and what is to come! Listen & Learn: 2:15 - Joe & Anthony touch on interest rates 4:00 - Top 10 cities with the most appreciation 6:50 - August's Cromford Report explained 10:20 - Rebecca's market predictions 13:00 - Active listing chart explained 15:30 - The perfect storm for buyers right now 19:30 - Are we hitting the ceiling for home prices? 21:40 - Today's rates & refinancing benefits 24:00 - Anthony's PowerPoint on the housing bubble 27:00 - Less irresponsible cash-out refinances 29:20 - American home equity skyrocketed 31:40 - Main driver of the housing shortfall 33:40 - Forbearance & Today's market 38:00 - Ivy Zelman one of the top real estate economist & her thoughts on foreclosures 39:40 - This time last year versus now 41:00 - Real estate & the current economy 43:15 Anthony & Joe's final thoughts Special Guests: Anthony Penna - Director of Sales & Marketing at Lawyers Title "There is nothing more satisfying than helping people achieve their goals by providing them with opportunities to excel in their business. It’s an awesome process that I feel very fortunate to be a part of both as a former sales executive of 15 years and now in my current position since 2014. I love what I do at Lawyers Title." As the highest ranked company in title insurance (proudly ranked 293 on the Fortune 500 list), Lawyers Title is the leading resource for all title, escrow, and marketing needs in the real estate industry. Phone: 602-510-8848 Email: [email protected] Website: www.lawyerstitlearizona.com Joe Smith - Owner/Broker of Epic Mortgage Joe Smith first started in the mortgage business in 2002 as a loan officer. He quickly established himself as a top producer, eventually managing the state of Arizona for a top 10 mortgage lender. After 17yrs in traditional retail banking, working for many top companies in the mortgage business he decided to make a jump to becoming a mortgage broker himself. Currently, Joe is the Broker and Owner at Epic Mortgage and is definitely someone you're gonna want to go to for advice on lending! Phone: 602-741-4121 Email: [email protected] Website: www.myepicloan.com Follow us on Facebook @GratefulHeart.Tv 😄 Listen 🎧 to the full show anywhere you stream podcasts!