Listen & Learn
1:10 – Rebecca intros Joe & Anthony
4:00 – Rebecca explains GDP
7:10 – 2 Stages of a market economy
8:28 – Joe’s definition of a recession
11:30 – Important takeaway about Recession
12:05 – Why do the feds have to raise rates?
13:30 – Declining market economy chart
14:55 – Summary of why interest rates are going up
20:55 – What could the next 18 months look like?
22:30 – Why is gas cheaper in Payson than in the valley?
25:00 – Recession & its effects on jobs
27:40 – Gilbert, AZ is expanding
30:50 – AZ’s economy is now considered a light industrial
32:00 – The #1 reason big companies are moving to AZ
33:28 – 5 of the fastest-growing cities in the U.S.
35:30 – A recession doesn’t equal a housing crisis
Anthony Penna – Senior Vice President at Navi Title
“There is nothing more satisfying than helping people achieve their goals by providing them with opportunities to excel in their business. It’s an awesome process that I feel very fortunate to be a part of.” Navi Title Agency is an Arizona-based full-service title agency. They offer competitive escrow and title solutions complemented by a strong tradition of grassroots standards.
Joe Smith – Owner/Broker of Epic Mortgage
Joe Smith first started in the mortgage business in 2002 as a loan officer. He quickly established himself as a top producer, eventually managing the state of Arizona for a top 10 mortgage lender. After 17yrs in traditional retail banking, working for many top companies in the mortgage business he decided to make a jump to becoming a mortgage broker himself. Currently, Joe is the Broker and Owner at Epic Mortgage and is definitely someone you’re gonna want to go to for advice on lending!