Housing Crash, Inflation, Interest Rates...What Will Happen Next?

Real Estate Training & Coaching School

Business News, News, Careers, Business

4.4 • 705 Ratings

🗓️ 17 October 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

The annual U.S. inflation rate was little changed last month, hitting 8.2% year over year compared with August's 8.3% reading as the pace of price increases remains at multi-decade highs, causing pain for many households. As inflation continues to weigh on American households, people have already adjusted what they’ll eliminate from their budgets in the coming months to keep their expenditures in check. Join Tim and Julie Harris's Exclusive PREMIER COACHING 100% FREE: https://members.timandjulieharris.com LIKE and SUBSCRIBE AND PLEASE LEAVE A COMMENT: https://bit.ly/3NXGxNb FREE REAL ESTATE SALES TRAINING ANDhttps://bit.ly/3Obuhs2 COACHING: Enroll NOW, FREE Real Estate Coaching and Training: https://bit.ly/3aUimkh LATEST REAL ESTATE NEWS: EXP REALTY EXPLAINED: Tim and Julie Harris are one of the TOP EXP REALTY Sponsors in the world. Tim and Julie are honored to be your sponsor at eXp Realty. Text TIM HARRIS directly to be sponsored by Tim and Julie Harris 512-758-0206. Tim and Julie's EXP Realty site: https://bit.ly/3NJTPwB * Completing the EXP Realty application now? Name JULIE HARRIS from Georgetown Texas as your sponsor! Watch this video: https://bit.ly/3QjYJCo and here is the application: https://bit.ly/3MKPw35 WHO ARE TIM AND JULIE HARRIS?: https://bit.ly/3mGOWbU

Transcript

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0:00.0	Welcome to Real Estate Coaching Radio starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris.
0:10.2	This is the number one daily radio show for realtors looking for a no BS authentic real-time coaching experience.
0:18.2	What's really working in today's market, how to generate more leads,
0:21.8	make more money, and have more time for what you love in your life. And now your host, Tim and
0:28.3	Julie Harris. We are back. And today, Julie and I are going to be talking about something that
0:34.0	is on everyone's mind and that something is of course inflation. And what we're
0:38.5	specifically going to be focusing on is how inflation really is affecting not just your household
0:43.5	budget and your business budget, but really what you should expect in the next six to 12 months
0:48.2	as pertains to real estate. So Jolay and I spent a lot of time drilling down on a lot of these
0:53.3	points and we're just going to jump right in and start giving you some of these points, but we're also wanting you to
0:57.8	understand that the reason that we're hopefully taking your education about inflation to the next
1:02.0	level is so that you can calm the nerves of your perspective buyers and sellers. Because remember,
1:06.9	a lack of information causes people to act, or they feel fear. And that's what's happening
1:11.5	right now. And of course, the fear is also going to be, I think, even more so because we have
1:16.9	an election coming up and all the rest of it. And yeah, negative news everywhere is making people feel
1:22.0	very fearful. So we're going to give you guys the facts. We're going to tell you how to translate
1:25.6	the facts for the sake of the real estate industry. And they were hoping then that will calm your nerves as well as giving
1:31.8	you courage and permission to calm the nerves of others. That's right. And in fact, one of our
1:36.1	coaching clients mentioned to me that he listens very closely to these, he calls them the talking
1:40.9	points when we do an education piece like this. And then it has given him a lot more confidence talking about real estate versus when he wasn't
1:47.9	really sure about it.
1:49.1	Well, but Julia, you actually bring up something really interesting.
	...

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