The Real Estate Show

Radio Show Notes 07/09/25 Wednesday: Why Creating a Financial Snapshot Today Unlocks Real Estate Success

July 10th, 2025 8:51 PM by Eric Willner

Radio Show Notes 07/09/25 Wednesday:

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Midweek Market Report: Why Creating a Financial Snapshot Today Unlocks Real Estate Success

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 founder of America’s longest running daily radio show about real estate and also 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 talk about why NOW is the right time to buy real estate.

 

Everyone is in Real Estate! Either you are IN real estate because you own it, searched it, negotiated it, and closed on it—enjoying the pride of ownership, tax benefits, and long-term appreciation. Or, you are ON real estate, paying rent directly or indirectly through your employer’s lease.

 

Today’s theme is: Create a Solid Foundation For Real Estate Investing By Creating a Financial Snapshot of Today.

 

Did you know?

  • Did you know that the national average 30-year mortgage rate today is 6.72%?
  • Did you know that over 46 million U.S. households are renters, and only 6 million of them qualify to buy a median-priced home?
  • Did you know that first-time homebuyers made up just 28% of purchases this year, the lowest in a decade?
  •  

These are just a few reasons why you need to understand where you stand financially. Today’s show is about why knowing your numbers is crucial to real estate success. Creating a Financial Snapshot Today is the first step to buying smart.

 

Before we dive into the data, a quick reminder of our upcoming FREE workshops:

 

FREE WORKSHOP

Financial Edge Academy 101 – Every Wednesday at 8:30PM Online by Invitation Only – Text EDGE to 561-861-2366

 

This week we’ve been discussing how to create your financial foundation. Monday and Tuesday we talked about net worth, budgeting, debt, credit, and emergency savings. Today, let’s connect those tools to what’s happening right now in the mortgage and housing market.

Today’s Mortgage Market Update (Source: BankRate.com)

  • 30-year fixed rate average: 6.72%
  • 30-year refinance rate: 6.78%
  • 15-year fixed: 5.94%
  • 10-year fixed: 5.88%
  • Adjustable-rate mortgages (ARMs) are currently not popular.

Top rate offer on site: 6.11%

The Fed held rates steady again, but inflation at 2.4% is still above their 2% goal. That’s why mortgage rates have remained elevated. Add to that slow spring homebuying season, and you get a mixed message: buyers are cautious, but the deals are still there!

 

And let’s talk headlines:

 

“Homebuyers finally responded, after mortgage rates hit lowest level in three months.”

 

Key Points:

  • Rates dropped to 6.77% for conforming loans
  • Refinance applications rose 9%
  • Purchase mortgage applications also rose 9%

 

What it means: This dip gave buyers just enough confidence to act. It’s proof that opportunities are out there, even with higher interest rates. Demand surged, especially among buyers who had been waiting on the sidelines. Knowing your financial position means you can ACT when opportunity knocks!

"Homebuyer demand is being fueled by increasing housing inventory and moderating home-price growth," said Joel Kan of the MBA. Even though overall market sentiment is uncertain, those who are prepared are stepping in.

 

This ties directly back to our Financial Snapshot theme. If you don’t know your net worth, monthly expenses, credit score, or financing options, you’ll miss the window when it opens.

 

Most searched real estate topics right now include:

  • Mortgage Rates & Affordability
  • How to Buy a House
  • Housing Market Forecasts
  • Real Estate Agents
  • Local Market Data

 

That means people are curious, motivated, and looking for answers. But without a clear financial picture, information overload causes confusion.

 

Today’s Show is Brought to You By: TimeFixMyCredit.com

Ready to repair your credit and qualify for better mortgage rates? Text “CREDIT” to 561-861-2366 and take control of your financial destiny.

 

And don’t forget: If you want a financial edge, get our free weekly class. Text EDGE to 561-861-2366 to register for our Wednesday session.

 

Let’s continue our conversation with a troubling but important article:

 

Headline: First-time home sales are tanking

 

Key Insights:

  • Average over past 20 years: 2.1 million first-time buyers annually
  • In 2024: only 1.1 million
  • U.S. now has 46 million renter households
  • Only 6 million of those can afford a median-priced home
  •  

First-time homebuyers are disappearing. Why? Because affordability is out of reach. But that’s not the whole story. As I always say: This is not just a money issue; it’s a STRATEGY issue.

 

Too many buyers get pre-approved but not prepared. You need a written plan, a credit score that qualifies you for the best rates, and a debt-to-income ratio that works. This is why we host our workshops, and why we teach our listeners how to Create a Financial Snapshot Today. Text the word “Edge” to 561-861-2366 right now to change your financial future today!

 

This isn’t just a housing story. It’s an economic story.

  • Delayed wealth building
  • Increased rental pressure
  • Less mobility in the workforce
  • Growing generational wealth gaps
  •  

As the WSJ noted: even big builders like Lennar are offering deep discounts to entice buyers. You need to be prepared, because competition is down and opportunities are quietly increasing.

 

And here’s something else: rents are on the rise again. Vacancy rates are down. The rental market is tightening.

 

And what’s the best hedge against rising rents? OWNING real estate!

 

So what should YOU do now?

  1. Know your numbers.
  2. Get your credit reviewed (text CREDIT).
  3. Attend our workshops (text EDGE).
  4. Talk to a mortgage pro and GET PREPARED.
  5. Take action. Because ownership = control.

Call to Action: Want to take control of your finances and real estate future? Text “EDGE” to 561-861-2366 to attend our free Financial Edge Academy online tonight!

 

Recap and Final Thoughts:

  • The mortgage market is moving fast. Be ready.
  • Rates are volatile, but opportunities are emerging.
  • First-time buyers are shrinking in numbers. You don’t have to be one of them.
  • Create a Financial Snapshot TODAY to unlock your path to ownership.
  • Free tools, resources, and coaching are available.

Thank you for listening to today’s Wednesday Midweek Mortgage & Market Report Edition of The Real Estate Show.

 

Don’t just listen—take action! Visit www.AutomaticLandlord.com for full transcripts, free resources, and more.

Join us again tomorrow for our ATM Edition – About The Money, where we dive deep into financing strategies and wealth-building techniques.

 

Share this episode with a friend, family member, or coworker who wants to win in real estate. Remember, real estate is the ideal investment. So let’s get started!


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 July 10th, 2025 8:51 PM

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