The Best Real Estate Market For Investors Has Just Started

In this episode, the host discusses the current state of the housing and real estate markets with Dustin from Convoy Home Loans. They explore recent trends in mortgage rates, consumer behavior, and the impact of the upcoming election on the housing market. The conversation also highlights the potential opportunities for investors in the current slow market and offers insights into creative financing strategies. [00:00] Introduction and overview of the discussion with Dustin from Convoy Home Loans. [00:41] Recent trends in mortgage rates and their impact on consumer behavior and mortgage applications. [02:29] The importance of the 6.7% mortgage rate as a key threshold to unlock significant demand. [04:08] Speculations on potential rate cuts and the impact of the upcoming election on the housing market. [06:32] Discussion on the potential slowdown in real estate transactions due to the election cycle and consumer hesitancy. [07:39] Analysis of pending home sales and new home sales data, highlighting the current market conditions. [09:08] The three factors affecting affordability: rates, income, and home prices, and their current status. [10:16] The host's excitement about the next five months for real estate investors, emphasizing the opportunities in a slow market. [11:17] Insights into investor strategies, including refinancing and holding properties as rentals instead of selling. [12:50] Predictions on inventory levels and the potential for inventory rollovers due to lack of interest in current listings. [13:36] Encouragement for first-time homebuyers to get creative with offers, including seller credits and seller financing. Convoy Home Loans: https://www.convoyhomeloans.com Dustin from Convoy Home Loans: Mention you came from the podcast for personalized service. These show notes provide a comprehensive overview of the episode, highlighting the main discussion points and offering easy access to mentioned resources. 📖 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/