Episode 93: Are We Back To "NORMAL" Yet??🏡

Are we in a housing crisis?? Is our market still a seller's market or are we in a buyer's market now? Find the answers to these questions and more market stats in part 2 of last week's show! We are joined again by our expert guests Joe Smith of Epic Mortgage, Anthony Penna of Navi Title, and as always our host Rebecca Hidalgo Rains. They will be talking Cromford stats, and historical stats, and give some real-life examples of what is happening in our housing market RIGHT NOW! Listen & Learn: 1:17 - Rebecca intro's Joe & Anthony 3:15 - What is Anthony's title company seeing right now? 5:28 - Rebecca's real-life example 7:58 - Joe's take on current list prices in the AZ market 8:42 - Rebecca's tips on getting top dollar for your home 12:00 - Anthony's chart on the housing crisis explained 14:25 - Experts don't believe the market is in a bubble 16:55 - Definition of Recession 17:20 - What is a housing correction and are we in one? 19:30 - Anthony's take on interest rates & where they are going 24:25 - Our current reality 26:21 - Anthony's quote on interest rates & home values 27:00 - Cromford report update 29:23 - Cromford chart on prices explained 31:15 - Sales per month chart 34:50 - Phoenix is a big city now 35:15 - Anthony's final thoughts 36:05 - Rebecca & Joe's final thoughts Anthony Penna – Senior Vice President at Navi 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.” 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 & Instagram @GratefulHeart.Tv 😄 Listen 📻 to the full show anywhere you stream podcasts! Don't forget to Like & Subscribe! 🙏