In this episode, we explore the latest housing market forecasts from Zillow and Redfin, with Zillow's forecast being 20% worse than Redfin's. We also discuss Neel Kashkari's comments on potential rate cuts and their implications for the housing market. Additionally, I share insights from Russell Brunson’s thought-provoking question about personal and professional success over the next three years. We touch on key economic indicators and highlight upcoming events in the One Rental at a Time community.
[00:00:00] - Introduction and East Coast Experience
- Sharing my experience on the East Coast and the early start to the day.
[00:00:20] - Fed’s Potential Rate Cuts and Economic Outlook
- Neel Kashkari’s comments on possible rate cuts in December and the importance of upcoming unemployment claims data.
[00:02:00] - Zillow vs. Redfin Housing Forecasts
- Analyzing Zillow’s forecast, which predicts a 1.2% decline in home prices, 20% worse than Redfin’s 1% decline prediction.
[00:04:26] - Impact of Mortgage Rates and Fed Policy
- Discussing the potential effects of mortgage rate changes and Fed policies on the housing market.
[00:05:14] - Thought-Provoking Quote from Russell Brunson
- Reflecting on Russell Brunson’s question about what needs to happen personally and professionally in three years to feel happy with your progress.
[00:07:02] - Historical Home Return Analysis
- Reviewing Reggie Club’s analysis on the average five-year return on US homes since 1975 and the amplified returns with leverage.
[00:08:05] - Housing as a Key Election Issue
- Considering the impact of housing affordability on the upcoming elections and whether millennials and Gen Z will turn out to vote.
[00:09:32] - Empire State Manufacturing Survey
- Examining the latest data from the New York Fed’s Empire State Manufacturing Survey and its implications for the economy.
[00:10:28] - Community Updates: Sessions with Dion and Lumberjack Landlord
- Announcing upcoming sessions with Dion and the Lumberjack Landlord in the One Rental at a Time school community.
[00:11:56] - Call for Accountability Group Leaders
- Encouraging school members to start accountability groups and network within the community.
- One Rental at a Time Community - Join the community for support, networking, and access to expert sessions.
- Contact Information for Dion and Lumberjack Landlord - Available within the One Rental at a Time school community.
If you enjoyed this episode, please rate, follow, share, and review the podcast. Your support helps us bring more insightful content to you every week. Reflect on what you need to achieve personally and professionally in the next three years and take action today. Join the One Rental at a Time community to connect with like-minded individuals and stay motivated. Have an amazing day!
📖 BUY One Rental at a Time https://amzn.to/3jt3JFx 📣 Audible Version Here https://amzn.to/3jtLDTQ OR 🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm Dion from Dion Talk is Narrator!!! NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us 📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/ 📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq 💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr 📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5 ✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK 📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie! 🧢 MERCH: I have created some fun merchandise designed by my daughter. Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/
More episodes from "One Rental At A Time"
Don't miss an episode of “One Rental At A Time” and subscribe to it in the GetPodcast app.
