Boy, we are about to see a crazy flood of first-time homebuyers running to the marketplace

in the next few months if these interest rates continue on

their downward trajectory. We've got four months now of lower interest rates which of

course is a boon for the housing market. We will see what the broader Federal Reserve does in the coming weeks.

Hello everyone, welcome to the Investing in Real Estate Show. I'm Clayton Morris, so glad to have you here.

Our goal with this show is to make you a more intelligent real estate

investor. I've done thousands of real estate deals in my time and we

currently are building about 500 new construction homes this year in

2023 and I hit up a company called Morris Invest where we do a full service

rental real estate solution for our clients and we're building in some of the best markets

across the country specifically in West Texas and in Missouri,

where we have such an unbelievable demand for rental properties right now, where tenants

filling up these properties so fast because of the pent-up demand for new construction

properties in these zones. But it's really interesting to see what's happening in the first-time

homebuyer market right now because baby boomers have been able to crush a lot of the first-time homebuyers and move in where they've not been able to qualify, where maybe a few years ago they could have, or a few months ago even last year year where they were able to get lower interest

rates they were able to qualify based on their income and they were able to move into

that first-time home and now of course with a higher interest rates over the past

six seven eight months baby boomers have been able to move in and

swoop in where these first-time homebuyers, the younger millennials have not been able to.

So really interesting to see what's about to happen in this marketplace.

Of course, what we're focused on is when we head into an election cycle in the United States,

the Federal Reserve is going to continue to print more money,

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