4.7 • 669 Ratings
🗓️ 25 May 2021
⏱️ 34 minutes
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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, |
0:27.8 | Tim and Julie Harris. Three, two, one, and we're back in Julie Harris. is May the 25th and first of all before we |
0:41.6 | get to our points that we started the other day I want you to peruse and share with |
0:45.8 | our listeners this article so breaking news yes and this is factual this is not |
0:51.3 | speculative so take your note writing hand and get your pencil ready. |
0:56.0 | So here's the headline home prices in March saw the highest growth in over 15 years. That's from |
1:01.3 | the S&P Case Schiller Report. This is also reported by a Diana Ollick. If you guys want to know |
1:07.8 | where the facts are coming from, first bullet point home prices in march were |
1:11.3 | 13.2 percent higher in march compared with march 2020 according to again core logic case schiller |
1:17.6 | national home price index they go on to say that the 10 city composite rose 12.8 percent year over |
1:23.6 | year up from 11.7 percent in the previous month and the 20 city composite increased 13.3% up from |
1:30.2 | 12% in February. So as you can see, we're continuing to climb home prices in March were 13% higher. |
1:37.3 | Let's see, they're just reiterating at that point. But basically they talk about just different facts. |
1:42.9 | Cities with the strongest price gains are Phoenix, San Diego, and Seattle, and they conclude by saying that interest rates are staying low, we're still averaging under 3%. |
1:50.9 | And there's no reason to believe that the prices will stop increasing or adjust anytime soon. |
1:55.5 | So let's put numbers to this. |
1:57.0 | If you are an American, which most of you are, but we are international now in over 60 different |
2:02.1 | countries, and your home is worth $350,000. Which is about the average. Yep. Your house, and that's |
2:08.3 | basically it's worth $350,000, let's say, in March of 2020, now it's worth, |
... |
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