Historically, we are trying to determine the best direction for us individually and personally. And how do we operate? Because many want to operate out of fear. That is our natural go-to, but those that operate out of opportunity, create doors that open. We were talking about this last Thursday, when we did this ad hoc live talking about this weekend is a door that is opening. It is your choice to go through it. You don't have to, you can continue renting which people will because sales are slightly down and what's the option. Because demographics have not changed. We are still talking about the next two to three years of incredible buyer demand. Mortgage purchase applications are down yet. Demographics have not changed. So if people are operating in fear thinking that interest rates are too high, that I can't get into the home of my dreams, then the alternative is renting.
The alternative is a 100% interest rate. The alternative is not building wealth, not creating financial stability and not creating the opportunities for multi-generational wealth. I mean that's it, it boils down to that. I can't say it any clearer. I get that higher interest rates make affordability a big question mark.
What we have is a slowdown today. It isn't about credit deficiencies. It's about consumer confidence. Consumer confidence is down. Yes, it's down. The cost of everything is up. Why wouldn't it be down? It costs more to fill my gas tank. It costs me more for my groceries. Yes. It costs more. My gosh. Have you been to Costco lately? That little basket of goodies is way more than it used to be and my kids are. Listen to the rest of this episode for the reasons why this window is ideal for homebuyers.
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Lower Interest Rates Have More Benefits Than You Realize
Competitors aligning, fun with your team and riding the wave of change.
Colorado New Home Construction Trends and Recommendations
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Deeper Conversations Lead to Stronger, Longer Business Relationships
Offer Safety and Security, Not Bricks and Sticks.
Denver Metro Market Trends June 2020 - Whose Market Is It?
Back to Basics to Build Your Long-term Value to Your Clients
The Market is Rebounding
Real Estate is Essential, Realtors are Not
Forbearance Waiting Period Issue Solved Through FHFA
Stop Pivoting and Double Down on Who You Are as an Agent
What to expect in Q3 Since Our Usual Upswing Isn't Happening
What you weren't told would be the results of that forbearance that was so easy to get.
Buyers and Sellers are Ready, but on Their Terms
An Agent Using Change as the Opportunity to Gain Market Advantage
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5 Agent Tips to Keep Your Edge and Your Humanity
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