Blog
Exactly What Happened at the Fed Meeting – Tom’s Take 282
We all know the Federal Reserve met last week and raised they key interest rate 75 basis points. The message after the meeting from the chairman was that they were here to fight inflation. It might have peaked, and there could be a reduction! Tune into episode 282 of Tom’s Take to find out exactly... Read More
Are they going to raise rates…again? – Toms Take 281
There is a lot of uncertainty in the real estate market right now. The Federal Reserve is meeting again this week to talk about monetary policy, inflation and ultimately if they are going to raise interest rates. Tune into episode 281 to learn three things you want to be asking a real estate professional about... Read More
Real Estate Predictions For The 2nd Half Of 2022 – Tom’s Take 278
The first half of 2022 in the Real Estate world has certainly been interesting! We’ve seen historically low interest rates, to large increases. We’ve seen homes sell with 15+ offers, no contingencies, all cash, etc. We’re now seeing the market go in a new direction. Tune into episode 278 of Tom’s Take for 4 market... Read More
May 2022 Market Update – Tom’s Take 277
The #1 question consumers ask “how’s the market?” The median sale price in our market place continues to rise, but we are starting to see some things change! The amount of new listings is outpacing pending sales which is a good news for buyers. Tune into episode 277 of Tom’s Take to find out exactly... Read More
How To Navigate A Shifting Market – Tom’s Take 276
Based on the data and definition, we are in an economic recession. We are feeling inflating everywhere. The Fed has raised the interest rate again. This time, it was the highest rate increase in decades. Rates are intending to keep going up, resulting in buyer affordability going down. Tune into episode 276 of Tom’s Take... Read More
Mortgage Applications Are Down – Tom’s Take 274
Mortgage applications to purchase are down according to Housing Wire, which may be surprising due to the high amount of demand and inventory challenges. But, this is not something to be overly concerned about right now. Tune into episode 274 of Tom’s Take to find out why and what this means for the housing market... Read More