The Real Estate Show

Radio Show Notes 01/10/24 Wednesday:

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"Retire in 5 Years, Not 40: The Real Estate Show Unveils Today's Midweek Mortgage & Market Report – Your Blueprint for Financial Freedom!"

By Eric Willner, 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 founder of America’s longest-running daily radio show about real estate, and the 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.

This is the Wednesday Midweek Mortgage & Market Report Edition of The Real Estate Show, where we continue to explore why NOW is the right time to buy real estate, using the theme: "You can Retire in 5 Years rather than 40 Years" in Real Estate.

Did you know? The real estate market is constantly evolving, and understanding its intricacies is crucial for success. Today's show is about "Real Estate is not perfect...just better!" and emphasizes the importance of knowing how it works in achieving Real Estate Success. Before we delve into today's topics, let me remind you of this week’s special FREE Workshops: Tuesday at 8 pm, we have the Path To Home Ownership Introduction – Online by Invitation, and on Wednesday night at 8:30 pm, it's the Financial Edge University Overview – Online by Invitation.

Now, let's talk about why NOW is the time to buy real estate, building upon the insights shared in our previous Monday and Tuesday shows. To support our discussion, we'll be referencing key headlines and news articles that directly impact wealth through affordable housing, helping you gain independence and peace of mind.

Article Headline #1: Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again

In the world of real estate, timing is everything. According to BankRate.com, the current average interest rate for a 30-year fixed mortgage is 7.11%, a slight increase of 6 basis points over the last week. Despite this uptick, mortgage demand surged by nearly 10% at the beginning of the year. Applications to refinance a home loan saw a significant increase of 19% from the previous week, indicating a proactive response from homeowners to capitalize on potential savings. The article also notes a 6% rise in applications for mortgage purchases, even though they remain 16% lower than the same week last year.

What does this mean for you as a potential homebuyer or investor? While mortgage rates have increased slightly, they are still within a range that attracts consumer interest. The surge in demand, especially for refinancing, suggests that individuals are seizing the opportunity to navigate the market strategically. It's a reminder that the real estate landscape is dynamic, and aligning your actions with market trends can be a key factor in achieving your financial goals.

Article Headline #2: Home prices are surging — and Detroit gained the most in November, beating Miami for the first time

The second article underscores the impact of mortgage rates on home prices. Home prices across the nation increased by 5.2% in November compared to the previous year. This surge is attributed to the decline in mortgage rates, making homeownership more accessible for many. Notably, Detroit surpassed Miami in experiencing the largest annual price gain, highlighting how market dynamics can shift.

What's the takeaway? The correlation between mortgage rates and home prices emphasizes the importance of understanding market trends. For real estate professionals and investors, recognizing areas experiencing significant price gains can guide investment decisions. As Detroit takes the lead, it's a reminder that opportunities arise in unexpected places, and staying informed is key to making informed investment choices.

Article Headline #3: FLORIDA'S POPULATION BOOM: RIDING THE WAVE OF PARADISE AND PROSPERITY

The third article delves into the flourishing population in Florida, with a 1.6% increase, marking a remarkable surge of 22.6 million residents. The appeal of paradise, low taxes, and a thriving environment is attracting people from various age groups. The influx of residents not only contributes to the state's economy but also presents opportunities for real estate professionals to assist newcomers in finding their dream homes.

How does this connect to our theme? The population boom in Florida aligns with our overarching message – you can retire in 5 years rather than 40. As the state sees a continuous rise in residents, real estate becomes a focal point for investment and growth. Whether you're a long-time property owner or a recent arrival, the demand for homes in Florida is a testament to the state's allure. See!  "Retire in 5 Years, Not 40: The Real Estate Show Unveils Today's Midweek Mortgage & Market Report – Your Blueprint for Financial Freedom!"


Thank you, loyal listeners, for being part of today's Wednesday Midweek Mortgage & Market Report on The Real Estate Show. We're not just here to inform but to inspire action in your real estate endeavors. Utilize our show as a valuable resource on your journey into real estate investing – it's a literal seminar in every episode. Tune in every weekday for insights, and don't miss tomorrow's "ATM Edition – About The Money," where we dive into the financial aspects of real estate. Remember to share this show with others who should own real estate, helping us build a community of empowered investors. Thank you for being part of The Real Estate Show family, and until tomorrow, this is Eric Willner, the Voice of Real Estate, signing off. Happy investing!

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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