get ready for people to pour back into buying a lot of real estate thanks to what the Federal

Reserve just did last week. Of course, again, not raising rates. This is an opportunity for

lenders to start lending money again, all of that mortgage freeze where people were sitting there,

lenders were saying we're not going to lend right now because we just don't know what's

going to happen with the Fed. So this sort of pullback on lending was happening, freezing

out a lot of first-time homebuyers. So guys, get ready. What we are about to see in real estate

is going to be a flood of first-time homebuyers trying to get into this market.

Because if you'll recall, a lot of millennials were sitting back unable to afford with these

higher interest rates. Their dollar is not going as far, of course, now. If they're making

less, then baby boomers were really swooping in and grabbing a lot of these properties.

And a lot of millennials were forced

out of the marketplace because of higher interest rates meant that that just meant their mortgage

payment per month was not going to allow them to get in and start investing in this market.

So when you have the CPI prints, which have been coming down steadily, and I've been listening

to these real estate fund managers that manage billions of dollars,

and they are very confident that rates are not going higher, that we are going to continue to

see this trend now from the Fed. They've done enough. They've done really all they think they can do

to mess up our economy. And they're going to sit back and lenders would start to resume originating mortgages.

And we would allow this sort of flood of mortgages to unfold.

So I think you're going to start to see as we head into the rest of the summer,

people who were sitting back wondering whether or not they could get a mortgage,

whether they could afford to make those monthly payments.

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