Wondering if home prices will drop? I share my thoughts on that and more in this week’s episode of the David Greene Show. We also cover topics like Return on Equity versus Return on Investment, whether you should develop or lease land, and, yes, even Batman makes an appearance.
Don’t forget, I’ll be releasing new podcast episodes every week. Your questions are a big part of this, so please feel free to submit them. I’ll do my best to address them in future episodes. You can submit your questions HERE.
As always, the goal of this podcast is to provide real, no-nonsense advice from people who are actually in the trenches of the real estate industry. There’s no fluff, just straightforward information that you can use. If you haven’t already, make sure to subscribe so you don’t miss any episodes. APPLE, SPOTIFY, YOUTUBE
Do you have a high mortgage interest rate? If you haven’t heard, rates are dropping and now could be a great time to explore your options! Whether you’re looking to lower your current rate or purchase your next home, The One Brokerage can help. Contact us today to see how we can assist you in locking in a better rate and saving on your mortgage. Don’t wait—take advantage of these lower rates while they last!
Conventional: 6.625%
VA: 5.625%
FHA: 5.625%
DSCR: 6.875%
If you’re in the market for a loan and need assistance, our team at The One Brokerage is here to help. Visit our website here to explore our loan options and find the right financing solution for your real estate goals and email us at intake@theonebrokerage.com to speak to one of our loan officers.
We’re currently planning our winter retreat in Scottsdale, Arizona and it’s shaping up to be a great opportunity to dive into real estate strategies, connect with like-minded investors, and gain practical insights. Since it’s scheduled for January, it’s the perfect time to set your goals and start the new year on the right track. We’d love your input on the topics you’d like covered to make sure we meet your needs. Fill out THIS FORM to stay informed and lock in a discount when registration opens. We only run this once a year, so don’t miss out!
Wall Street soared to record highs as the Federal Reserve’s interest rate cut fueled a global market rally. The S&P 500 surged 1.7%, while the Dow Jones rose 522 points, and the Nasdaq jumped 2.5%. Lower rates lifted stocks like Nvidia and Darden Restaurants. The Fed’s rate cut, its first in over four years, comes amid signs inflation is easing. Lower interest rates are expected to boost borrowing and investment, though concerns about inflation and future economic uncertainty remain.
Conference season is upon us, and I have to say, I’m pretty excited! I’ll be speaking at a few great events and would love to catch up with you at one of them. Here’s where you can find me:
- C.A.R (REimagine!) – September 24-26, Long Beach, CA
- BPCON – October 6, Cancun, Mexico
- NARPM – October 21-24, Dallas, TX
- Cash Flow Summit – October 23-25, Kansas City, MO
It’s going to be a packed few weeks, and I hope to see some familiar faces!
Mortgage rates dropped again, with the average 30-year fixed rate falling to 6.09%, the lowest since February 2023. This decline wasn’t directly tied to the recent Federal Reserve rate cut but came in anticipation of it. The Fed cut its benchmark rate by 50 basis points, with more reductions expected later this year. Mortgage applications for purchases and refinances increased by over 14%, reflecting the improved affordability. However, sales of previously owned homes dipped slightly, while median home prices rose by 3.1%.
