Has the housing market 🏡 cooled down yet? Is there a crash looming😖 in the future?? Want to win a steak🥩 dinner on us? Watch our most recent market update to learn the answer to those questions and MORE!
Our host Rebecca Hidalgo Rains is joined by expert guests Anthony Penna of Navi Title, Tara Krieg of AmeriFirst Financial, & Joe Smith of Epic Mortgage to discuss what they are seeing in today’s market regarding rates, pricing, and statistics📈. Don’t let the headlines scare you and watch our show to decide for yourself because now may actually be the best time to buy!🤔
If you are planning on buying or selling🏡 in the near future you NEED to listen to today’s episode!🙌
Listen & Learn:
0:52 – Rebecca intros Joe Smith
1:38 – Rebecca intros Tara Krieg & Anthony Penna
3:00 – Who wants to win a steak dinner?
4:20 – Tara’s predictions on rates & pricing for the end of the year
6:54 – Anthony’s predictions on rates & home prices
7:25 – Joe’s predictions on rates & home prices
8:19 – Rebecca’s predictions on home prices and rates
13:17 – Cromford chart explained
15:09 – Are we getting back to a normal market?
17:21 – What is the listing success rate?
20:37 – Debunking fear striking headlines
22:39 – The median home price
25:16 – Tina Tambor’s Cromford slides
26:25 – Anthony’s PowerPoint on mortgage rates
30:25 – Mortgage rate projection chart
31:45 – What is quantitative easing
33:18 – Active inventory increasing?
34:40 – Why Anthony believes it’s still a good time to sell
38:00 – Home price & appreciation forecasts
40:15 – How do we make buying a home affordable today?
42:28 – Average rental price today
44:30 – What’s happening with new home builders
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!
Tara Krieg – Senior Loan Officer at AmeriFirst Financial
Licensed to provide mortgages and loan programs for homeowners and buyers within Arizona, she has over 12 years’ experience in all aspects of real estate finance, real estate investing, mortgage planning, and business planning. Her specialties include loan origination, credit education, mortgage related financial consulting and planning, and personal coaching of Junior Loan Officers.