Episode 79: Don't Fall For The Clickbait!🙅‍♀️

An episode of the Rooted In Gratitude podcast, hosted by Rebecca Hidalgo, titled "Episode 79: Don't Fall For The Clickbait!🙅‍♀️" was published on November 5, 2021 and runs 52 minutes.

November 5, 2021 ·52m · Rooted In Gratitude

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Summary

In today's show, we are focusing on the housing market and what is to come in 2022. We have the wonderful Anthony Penna from Navi Title joining us along with expert Mortgage Broker Joseph Smith from Epic Mortgage. There is so much misinformation out there and as Anthony says "headlines do more to TERRIFY than CLARIFY" so we are here to clarify and go over the real stats for our current market. Find out if it's a good time to buy, if it's still a seller's market, and what our predictions are for real estate in 2022. Listen & Learn: 1:30 - Rebecca intros Joe & Anthony 3:50 - The important points on the Cromford Report 6:11 - Do you need to update your hazard insurance? 9:51 - What Navi Title does for their customers 11:45 - The IBuyer chart and their downfall 16:45 - Anthony's ShowingTime index chart explained 22:07 - Important facts you should know 24:23 - Foreclosures are shooting up?? - Debunked! 28:09 - Mortgage originations will drop 33% in 2022 - Debunked! 33:00 - Joe's financial advice on leveraging your home equity 34:30 - Do you think now is a good time to buy? 36:50 - Taking headlines out of context 39:11 - Average equity growth 41:19 - Mortgage rate projections 43:00 - Average annual 30-year mortgage rate 44:31 - The cost of waiting to buy: 2021 vs 2022 45:10 - Home price forecasts 2022 49:18 - Final takeaways for today's show Special Guests: Anthony Penna - Senior Vice President at Navi Title Agency "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." Navi Title Agency is an Arizona-based full-service title agency. They offer competitive escrow and title solutions complemented by a strong tradition of grassroots standards. Phone: 602-510-8848 Email: [email protected] Website: www.navititle.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!