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Real Estate Rockstars Podcast

SOTM 35: Is Now the Time to Buy Real Estate?

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 29 January 2020

⏱️ 25 minutes

🧾️ Download transcript

Summary

With interest rates hitting their lowest point in years, is 2020 the time to lock in a new 30-year mortgage? On today’s show, we compare current loan rates with the relatively high price of homes on the market and discuss whether or not it makes sense to buy. We also share tips on video marketing, talk about how texting has changed customer service, and cover takeaways from this year’s Inman Connect. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0

The low interest rates will also continue to encourage renters to pursue

0:05.4

homeownership. So there's a lot of renters out there and as long as the

0:10.1

rates stay below 4%, I think we're always going to have the demand. The question is, is we're

0:15.2

going to have the supply.

0:16.6

So the big question is, is, do most agents who don't have access to the secrets that most successful agents

0:30.0

agents hoard to themselves grow and prosper in today's competitive real estate

0:36.8

environment that's the question and this podcast will give you the answers I'm Pat Hyven and welcome to Real Estate Rockstars.

0:55.0

Rockstars.

0:57.0

Welcome to the State of the Market.

0:59.0

I'm here today with Scott Kato.

1:01.0

Scott Kato is an office manager and so he has that

1:05.2

experience a few years as an office manager but also has a real estate team that

1:09.4

did up to 125 deals a year so we've got a lot of experience with us today on state of the market.

1:18.0

One of the things on everybody's mind of course is, hey it's 2020, is now a good time to buy a house?

1:25.0

It's a great question.

1:27.0

I think it depends.

1:28.0

But in general, absolutely.

1:30.0

Especially if you, depending on who you follow what economists they're saying that

1:34.8

interest rates are still going to stay 30 year fixed below 4% right right

1:40.0

right right one of the things we, I like that you say it depends

1:42.6

because, you know, they're like, hey, we need a one-handed economist

1:47.0

because they go, oh, well, on the one hand,

...

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