The Real Estate Show

Radio Show Notes 01/08/25 Wednesday: Midweek Mortgage Report: Is Now the Time to Buy or Wait?

January 8th, 2025 3:32 PM by Eric Willner

Radio Show Notes 01/08/25 Wednesday:

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Midweek Mortgage Report: Is Now the Time to Buy or Wait?

By Eric Willner, Investor, Coach, and Host of The Real Estate Show, America’s longest running daily radio show about real estate.

Welcome to The Real Estate Show – South Florida’s #1 Real Estate Radio Show and America’s longest-running daily radio show about real estate.

My name is Eric Willner, known as the Voice of Real Estate, and I’m the founder of America’s longest-running daily real estate show and creator of The Automatic Landlord System for Owning Cash Flowing Real Estate “Profitably and Hassle-Free.” This show is a virtual real estate seminar in every episode, packed with insights and strategies to empower you in the world of real estate.

This is the Wednesday Midweek Mortgage & Market Report Edition of The Real Estate Show. It’s where we continue to dive deep into why NOW is the right time to buy real estate.

Everyone is in Real Estate!

You’re either IN Real Estate because you own it—you searched for it, negotiated it, closed on it, and now enjoy the pride of ownership along with all the other benefits real estate brings—or you’re ON Real Estate. Through direct rent payments or indirectly via your employer paying for the workspace, you are contributing to those who are IN Real Estate.

Real Estate is Not Perfect, It’s Just Better

Did you know? Real estate has its ups and downs, but compared to other investments, it’s resilient, tangible, and packed with opportunities for wealth-building. Today’s theme, “Real Estate is Not Perfect, It’s Just Better,” highlights how understanding and leveraging these nuances can lead to massive success.

Today’s show is about how this concept is vital to creating a plan that leads to success in real estate. But before we dig into the details, let’s talk about this week’s FREE workshops designed to move you closer to your real estate goals:

This Week’s Free Workshops

  1. Tuesday, 8 PM: Path to Home Ownership Introduction – Online by invitation. Text HOME to 561-861-2366.
  2. Wednesday, 8:30 PM: Financial Edge Academy “101 Overview” – Online by invitation. Text EDGE to 561-861-2366.

Do finances challenge you? Most people say YES! That’s where The Financial Edge comes in. It’s the education and knowledge that move the needle. We believe in a three-pronged approach:

  1. Everyone should buy a house and become a homeowner.
  2. Everyone should have that house in financial order with a WRITTEN financial/life plan.
  3. Everyone should own a business that pays them AND provides tax benefits.

Take the 72-Hour Challenge to start transforming your financial future! Text EDGE to 561-861-2366 and join the conversation.

Market Trends and News

Let’s dive into today’s updates and see how they relate to today’s theme. Understanding the headlines will give you the knowledge to stay ahead in this market.

Article 1: “Mortgage Rates Hit Highest Level Since July, Crushing Application Demand”

Key Points:

  • Mortgage rates increased for the fourth consecutive week, reaching 6.99% for 30-year fixed-rate loans.
  • Total mortgage application volume fell 3.7% last week.
  • Applications for home purchases dropped 7%, while refinance applications rose slightly but remain 6% lower than a year ago.

This rise in rates reflects the importance of acting sooner rather than later in real estate. As rates climb, affordability decreases, keeping many buyers sidelined. Yet, for those prepared with a plan, this is an opportunity to negotiate better terms and secure long-term growth. Remember, a soft credit pull for prequalification (PQ) is a simple way to understand your buying power.

Article 2: “5 Housing Market Predictions for 2025, According to Economists”

Key Points:

  1. Home price growth returns to pre-pandemic levels – Median home prices are expected to rise 4% annually, a normalization from pandemic-driven spikes.
  2. Flattening rents – Rent prices are stabilizing, offering renters room to negotiate.
  3. A bumpy year for mortgage rates – Experts predict an average rate of 6.8%, with potential volatility based on economic policies.
  4. More home sales – Pent-up demand will drive an increase in transactions.

This report underscores why real estate is not perfect, but it’s better. Even with rate fluctuations, the long-term trajectory for home values is upward, making now the time to lock in your investment. Remember, owning a home gives you the ultimate edge—stability, equity, and wealth-building opportunities.

Other Headlines of Interest:

Private sector companies added 122,000 jobs in December, less than expected.

Key Points:

  • Job creation slowed, but wages grew at a modest 4.6% rate, the slowest since July 2021.
  • Education, health services, and construction led job gains, with significant potential impacts on real estate.

This labor market report ties into real estate as a driver of economic stability. Job growth supports housing demand, and slower wage growth aligns with potential affordability challenges. The key is positioning yourself to capitalize on these trends.

Final Thoughts

Real estate is the cornerstone of wealth. It’s not without its challenges, but its rewards far outweigh its imperfections. Don’t just listen—take action! Text EDGE to 561-861-2366 to join our workshops and gain the financial edge you need.

Thank you for tuning in to The Real Estate Show—a seminar in every episode. Join us tomorrow for the “ATM Edition” where it’s all about the money. Share this show with someone who should own real estate, and let’s grow together!


Also, you can listen to the entire 30 minute broadcast of any day’s edition of The Real Estate Show by clicking on the audio link on that days summary post. You can also watch the Facebook Live video at www.facebook.com/TheRealEstateShow.

Want to know more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 9 o’clock (EST) on Florida’s Money Talk Radio stations WWNN AM1470, FM 95.3 and FM 96.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share this and our Facebook updates.

Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

Also listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow 

Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

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Posted by Eric Willner on January 8th, 2025 3:32 PM

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