S2E131 Bigger and Bolder Than Ever - My Predictions for the Market
The Brian Buffini Show
Brian Buffini
4.8 • 2.4K Ratings
🗓️ 11 July 2023
⏱️ 47 minutes
🧾️ Download transcript
Summary
“The nation is literally standing on the front doorstep of the largest wave of home buying demand in US history.” – Dave Stevens
With so much sensational and conflicting information out there, it’s no wonder people are confused about the changes happening in real estate today. In this episode, Brian talks to Dave Stevens, CEO of Mountain Lake Consulting and a 40-year veteran of the mortgage banking industry, and reveals the facts and strategies that professionals need if they want to succeed in this marketplace.
YOU’LL LEARN:
- The real state of today’s real estate industry.
- Dave Stevens’ analysis of the market.
- How to finish the year strong and get ahead for 2024.
MENTIONED IN THIS EPISODE:
Buffini & Company Real Estate Report
NOTEWORTHY QUOTES:
“Every time the Fed starts raising rates, they always overshoot. They always create a recession, small or large. And then they drop rates shortly thereafter.” – Dave Stevens
“Rates are coming down again; they aren't going to be up at this level much longer.” – Dave Stevens
“You buy the home of your dreams when you can buy the home of your dreams, you rent the rate and then you refinance it when it comes down further.” – Dave Stevens
“People need to not focus on the here and now because the here and now is an awkward technical environment brought on by the Federal Reserve trying to control an overheated economy.” – Dave Stevens
“The future's looking bright and we can do well if we’re a pro and approach it in the right way.” – Brian Buffini
“If you want to be a winner, you’ve got to do what the winners do.” – Brian Buffini
“If you want to participate in the rebound that's coming without it burning you to a crisp, you’ve got to become a listing agent.” – Brian Buffini
“If you really want to be a pro, you have to act differently than your emotions. You also have to prepare differently than your current experiences.” – Brian Buffini
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Transcript
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| 0:00.0 | Welcome to It's a Good Life, the podcast for entrepreneurs, where it's all about growing |
| 0:08.9 | yourself and your business. |
| 0:11.5 | Before we begin, I want to remind you about our ad-free option. |
| 0:15.3 | Go to It's a Good Life on the Apple Podcast app. |
| 0:18.4 | You'll see a banner under the logo to remove ads and unlock early access to episodes. |
| 0:23.8 | It's just five bucks a month and there's even a free trial. |
| 0:26.6 | Either way, continue listening to It's a Good Life and here's our man, Brian Baphini. |
| 0:36.5 | Well, the top of the morning, Tia, Brian Baphini here with our mid-year bold predictions. |
| 0:41.4 | We've been doing these bold predictions now for 15 years and happy to say our track records |
| 0:46.9 | been pretty good. |
| 0:48.3 | Today might be the most important mid-year bold predictions I've ever done. |
| 0:53.2 | The market is in the midst of a significant change. |
| 0:56.5 | The media is reporting things in such a way that is causing a lot of confusion. |
| 1:02.1 | And I feel because so many offices now are remote, so many agents are also somewhat confused |
| 1:09.0 | by the information that's in the marketplace. |
| 1:11.6 | More than ever before, I see agents getting their information from the media. |
| 1:15.4 | Now, this is nothing new. |
| 1:17.3 | Back in the day, when I'm 37 years in a real estate business and we used to always |
| 1:21.2 | bemoan the newspapers. |
| 1:23.1 | Remember those things? |
| 1:24.8 | And we would always say, you know, we're paying all this advertising as realtors and the |
| 1:28.9 | articles are so bad about real estate. |
... |
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