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Don't let rates keep you from the house of yoru dreams! · Bought Borrowed and Sold

• 0:00
  Speaker 1: Hello, Hello, and welcome to Bobard and Sold. Thank you
• 0:04
  Speaker 1: for joining us. Another week in the books. We've got
• 0:09
  Speaker 1: a couple of open houses going on today, We've got
• 0:12
  Speaker 1: some new listings that we're going to talk about, and
• 0:16
  Speaker 1: we're going to get a little bit of information about
• 0:18
  Speaker 1: what we're seeing in the mortgage market as well, with
• 0:21
  Speaker 1: Brad Smith with Cross Country Market Mortgage. What's up Brown?
• 0:24
  Speaker 1: How are you? Man?
• 0:25
  Speaker 2: Man? I am good, good good. How about you? Good week?
• 0:28
  Speaker 1: Yeah? Yeah, so far, so good. Just been man. We
• 0:33
  Speaker 1: got real busy with one of our listings. We brought
• 0:36
  Speaker 1: to market a listing in Crestwood and oh my gosh,
• 0:40
  Speaker 1: I've never seen so many people walk through a house
• 0:42
  Speaker 1: and one day thirteen wow, showing scheduled and one day
• 0:46
  Speaker 1: that's what I like. Ye see, that's not like.
• 0:49
  Speaker 2: An open house situation when you had thirteen come through.
• 0:51
  Speaker 2: That's scheduled listings, people scheduling.
• 0:54
  Speaker 1: And arrest is yea ready to rock and roll. And
• 0:58
  Speaker 1: you know that also tells you the market is still
• 1:03
  Speaker 1: a good market in different locations and price points. Right.
• 1:08
  Speaker 1: You know something also interesting that I've seen this week,
• 1:11
  Speaker 1: and maybe this is a little bit of some of
• 1:13
  Speaker 1: the conversation that we're having is people are more open
• 1:16
  Speaker 1: to selling a little bit below market if they can
• 1:19
  Speaker 1: just get a quick cash offer. And so I've had
• 1:22
  Speaker 1: multiple appointments this week trying to work out some deals
• 1:26
  Speaker 1: on some cash offers for some properties. Some folks just
• 1:29
  Speaker 1: don't want to get their house ready to go to market.
• 1:31
  Speaker 1: They're just in a situation where they need some repairs done,
• 1:35
  Speaker 1: don't have the budget for the repairs, so they would
• 1:38
  Speaker 1: rather you know, hit the easy button. And so we're
• 1:44
  Speaker 1: fielding some of those phone calls and so, and I
• 1:48
  Speaker 1: see that to be a growing part of our businesses,
• 1:53
  Speaker 1: especially with like kind of the wonkiness of some of
• 1:55
  Speaker 1: the economy. At least from what I'm seeing you, I
• 2:00
  Speaker 1: find that, you know, in the upper end, you know,
• 2:04
  Speaker 1: we're seeing less you know, kind of issues. It's more
• 2:07
  Speaker 1: of your I feel like, your blue collar, your affordable housing,
• 2:11
  Speaker 1: whatever you want to call affordable housing. That's where we're
• 2:14
  Speaker 1: having some of the heartache, I feel like. So it's
• 2:19
  Speaker 1: it's super interesting what we're seeing in the market, you know.
• 2:22
  Speaker 1: I just you know, the best thing to do is,
• 2:25
  Speaker 1: you know, if you if you're thinking about maybe selling
• 2:27
  Speaker 1: a house, or maybe you've got a rental house that
• 2:31
  Speaker 1: you know, the the renters moving out, and you're trying
• 2:32
  Speaker 1: to figure out what the game plan is, what to
• 2:34
  Speaker 1: do with it. I just say, you know, Colin, let's
• 2:37
  Speaker 1: let's have a conversation. Go to gustygoulisgroup dot com two
• 2:41
  Speaker 1: A five five four two nineteen ninety six and you
• 2:44
  Speaker 1: can call her text that number. But we you know,
• 2:47
  Speaker 1: we'll we'll walk you through different scenarios and we can
• 2:50
  Speaker 1: put together some multiple options, whether it's what does it
• 2:53
  Speaker 1: look like to go to market, what does it look
• 2:56
  Speaker 1: like to maybe do a cash offer and sell quick,
• 3:00
  Speaker 1: or you know, depending on your situation, what are the
• 3:02
  Speaker 1: other options that are out there? So I think options
• 3:06
  Speaker 1: and cash offers people are more open to it. And yeah,
• 3:09
  Speaker 1: like yeah, it's it's it's been an interesting it's been
• 3:13
  Speaker 1: an interesting week, I feel like, and I've had to
• 3:16
  Speaker 1: work on my like getting addresses organized, get my database up.
• 3:21
  Speaker 1: We just uh, we just we just put football calendars
• 3:24
  Speaker 1: in the mid nice. So it's you know, I tried
• 3:29
  Speaker 1: to update some things, and you know, I'm going through
• 3:31
  Speaker 1: my list and unfortunately, like I see people like clients
• 3:35
  Speaker 1: passed away in the last year, and I'm like, oh, man,
• 3:38
  Speaker 1: like I don't need to put their name on the
• 3:41
  Speaker 1: calendar list, like I need to be respectful of that.
• 3:44
  Speaker 1: And then obviously, like we've sold some houses, so you know,
• 3:48
  Speaker 1: did we insert the right tag CRM to make sure
• 3:51
  Speaker 1: that the addresses are going to go? So it's been
• 3:54
  Speaker 1: a busy week. And then the kids have been out,
• 3:56
  Speaker 1: they've been at camp, so so we're we Yeah, so
• 4:02
  Speaker 1: it's been busy, been busy. What about you?
• 4:04
  Speaker 2: Yeah, just I mean it's just this whole summer just
• 4:06
  Speaker 2: feels like a blur, Like I feel like I've had
• 4:08
  Speaker 2: more days of like what what what day is today?
• 4:10
  Speaker 2: Like this summer than ever just have being like is
• 4:12
  Speaker 2: it you know if you know, we know we know
• 4:14
  Speaker 2: what today is because we're in here recording, but you know,
• 4:16
  Speaker 2: it's it's all, you know, it.
• 4:17
  Speaker 3: Just feels like every day is.
• 4:18
  Speaker 2: Like wait, what what what did I do yesterday?
• 4:20
  Speaker 1: What was today?
• 4:21
  Speaker 2: And you know, just feels like you're all I felt
• 4:22
  Speaker 2: like I'm just chasing constantly just different stuff, work, kids,
• 4:27
  Speaker 2: just stuff. So just just a big blur, just a blur,
• 4:30
  Speaker 2: just a blur. Sos. You know, we started football this
• 4:36
  Speaker 2: past week, so for yeah, I mean it, you know,
• 4:37
  Speaker 2: we trip's going to start this week. Yeah, yeah, so
• 4:39
  Speaker 2: he was you know, he was at campus past week
• 4:41
  Speaker 2: and so so, I mean it was it was hot
• 4:44
  Speaker 2: out there, but you know, we went three and four
• 4:46
  Speaker 2: days for some of the different kids. But anyway, so yeah,
• 4:49
  Speaker 2: so it's just you know, we're back in its fall
• 4:51
  Speaker 2: the SEC media days this past weekend. I mean it's
• 4:54
  Speaker 2: past week, so I mean every it's we're back in
• 4:56
  Speaker 2: the football season, and I mean schools around the corner,
• 4:59
  Speaker 2: which also means means last minute. Yeah, house purchase.
• 5:02
  Speaker 1: I need those cash buyers, you know, come, I know
• 5:05
  Speaker 1: you don't.
• 5:05
  Speaker 2: I need a couple of thocts that need to be
• 5:06
  Speaker 2: in a hurry but also need a loan. We'll get
• 5:08
  Speaker 2: them done quick. If we can get it done real quick, quick,
• 5:10
  Speaker 2: quick quick. When schools start back, we'll get you in
• 5:13
  Speaker 2: before then.
• 5:13
  Speaker 1: Yeah, that's right, that's all right. Well, hey, we got
• 5:16
  Speaker 1: some open houses today and so we're going to talk
• 5:20
  Speaker 1: about those. So let's get the game started and going.
• 5:23
  Speaker 1: And Brad please tell the rules of the game.
• 5:26
  Speaker 2: Yeah, Gussy's gonna go through some of the houses of
• 5:28
  Speaker 2: the listings. They've got some maybe open some day, just
• 5:31
  Speaker 2: b new and he's gonna go through some of the
• 5:32
  Speaker 2: cool features and key details of each property. But the end,
• 5:35
  Speaker 2: he's gonna give me what I need, and that is
• 5:36
  Speaker 2: the list price of the home. And then I will
• 5:39
  Speaker 2: give them a John and Gusty a potential down payment
• 5:41
  Speaker 2: that the bar may make, and then they will get
• 5:43
  Speaker 2: to guess a thirty year fixed monthly principal and interest
• 5:46
  Speaker 2: only payment. All right, that's it simple enough. I like you,
• 5:51
  Speaker 2: get it?
• 5:51
  Speaker 1: I like it okay. Our first new listing of the
• 5:55
  Speaker 1: week is also going to be opened this afternoon from
• 5:57
  Speaker 1: two to four. It's ten twenty fifty fourth Street, South End, Crestwood. Yep,
• 6:02
  Speaker 1: that's the one I was telling you about. Had thirteen
• 6:04
  Speaker 1: showings in one day. Holy moly, three hundred and fifty
• 6:09
  Speaker 1: thousand dollars. It's three bedrooms, two baths, fourteen hundred square
• 6:12
  Speaker 1: feet finished on the main level. It's actually only a
• 6:16
  Speaker 1: single level. It's got a two car garage, it's got
• 6:19
  Speaker 1: a huge fenced backyard, it's got a open patio. Uh.
• 6:24
  Speaker 1: And I'm telling you for three fifty. Like in my
• 6:28
  Speaker 1: conversations with some of the other agentsis was like, Hey,
• 6:32
  Speaker 1: there's just not a lot of these houses out there
• 6:34
  Speaker 1: that look this good for the money. Right now. So
• 6:37
  Speaker 1: I'm like, hey, let the bidding, Let the bidding war start. Yeah,
• 6:42
  Speaker 1: let's go three point fifty.
• 6:43
  Speaker 2: All right, we're gonna go with twenty percent down and
• 6:45
  Speaker 2: start twenty percent down on three fifty, twenty percent down.
• 6:50
  Speaker 2: Gusty gets to go first.
• 6:51
  Speaker 1: All right, twenty percent down. I'm gonna go with let's
• 6:58
  Speaker 1: see first in a few weeks we haven't had I
• 7:01
  Speaker 1: had some another guests in here.
• 7:04
  Speaker 3: A couple weeks of three, just me and Gusty.
• 7:07
  Speaker 2: Well, you and Gusty.
• 7:08
  Speaker 1: Hey, well, I surprised and she hadn't come on. She
• 7:11
  Speaker 1: said she wanted to be on the show. I know
• 7:13
  Speaker 1: she hadn't seen her. Well, she's doing afternoons this week. Ah,
• 7:16
  Speaker 1: that's what it is. I know she'll want to come
• 7:18
  Speaker 1: on the show.
• 7:21
  Speaker 3: Three down.
• 7:23
  Speaker 2: Sorry, I'll get us back on track after I got
• 7:25
  Speaker 2: solid track.
• 7:26
  Speaker 1: Okay, you sure did? You got me up the way.
• 7:30
  Speaker 2: Off precalculating from the down payment at.
• 7:34
  Speaker 1: This point, yeah, okay, let's go with eighteen twenty eighteen
• 7:40
  Speaker 1: twenty for Gusty going patriotic seventeen seventy.
• 7:45
  Speaker 2: Six, seventeen seventy six. Those are both fantastic guestses, both
• 7:49
  Speaker 2: very close but The actual payment was eighteen sixteen. Whoa sixteen?
• 7:57
  Speaker 1: I like it. I like it all right. Also open
• 8:01
  Speaker 1: this afternoon from two to four in Chelsea one oh
• 8:05
  Speaker 1: five deer Ridge A Drive. This is in the deer
• 8:08
  Speaker 1: Ridge Lakes neighborhood. It's in the city of Chelsea, however,
• 8:13
  Speaker 1: it's Pelham Schools. Interesting four bedrooms in three bass It's
• 8:17
  Speaker 1: eighteen and thirty four square feet on the main level,
• 8:19
  Speaker 1: another one thousand and fifty four square feet finished in
• 8:22
  Speaker 1: the basement. Built in two thousand and four. It's got
• 8:24
  Speaker 1: a two car garage, it's got a fence yard, it's
• 8:27
  Speaker 1: got a screen porch, it's got granite countertops, it's got
• 8:30
  Speaker 1: a garden tub, it's got a huge basement den, and
• 8:37
  Speaker 1: it's huge perched up on a hill. So it's got
• 8:39
  Speaker 1: a one of those curved driveways in the front. I
• 8:44
  Speaker 1: can't even think of what you call that, like, I
• 8:47
  Speaker 1: don't know, brain fart, But anyways, yeah, just kind of
• 8:51
  Speaker 1: a roundabout in front of the house. Instead of just
• 8:54
  Speaker 1: calling it a driveway, I know, we call it circular
• 8:55
  Speaker 1: drive We go, thank you golly.
• 8:58
  Speaker 2: I wouldn't have come up with that one roundabout really,
• 9:01
  Speaker 2: it wasn't really roundabout. But I knew it really wasn't that.
• 9:03
  Speaker 3: It's a one way street.
• 9:05
  Speaker 1: Yeah so, and it's and it's got deeded access to
• 9:08
  Speaker 1: the lake boom that's there, so you can get out
• 9:12
  Speaker 1: on the pier hang out. So the oh, there you go,
• 9:14
  Speaker 1: three seventy five, three seventy five.
• 9:17
  Speaker 2: What a bang for three seventy five? All right, three
• 9:20
  Speaker 2: seventy five. All right, John, we're gonna put five percent
• 9:22
  Speaker 2: down here, five percent down on three seventy five.
• 9:27
  Speaker 3: Ah, thirteen.
• 9:34
  Speaker 2: Rethink, just slow down a little bit, slow down.
• 9:37
  Speaker 1: It's gonna be higher than thirteen bo.
• 9:40
  Speaker 2: Three seventy five, five percent down?
• 9:43
  Speaker 4: Okay, right, great, right, twenty three probably three hundred.
• 10:03
  Speaker 1: That's actually pretty good. I think it's pretty close.
• 10:06
  Speaker 3: I knew.
• 10:06
  Speaker 2: I didn't think that. I think he was doing something
• 10:09
  Speaker 2: early on the numbers, like he didn't hear something, right.
• 10:11
  Speaker 2: I knew he did not carry something over or something.
• 10:14
  Speaker 2: So I just I knew you twenty three fifty twenty
• 10:18
  Speaker 2: three fifty. Oh, I got a little math here.
• 10:20
  Speaker 1: In the middle is twenty three ten?
• 10:23
  Speaker 2: John is around two?
• 10:25
  Speaker 1: Yeah, I was again, all right, We've goett Our next
• 10:32
  Speaker 1: new listing of the week is in Birmingham. Twelve oh
• 10:36
  Speaker 1: three Jersey Street. This home has gone through a ton
• 10:39
  Speaker 1: of renovations. Two bedrooms, two baths. It's eleven and seventy
• 10:43
  Speaker 1: five square feet on the main level. Another six hundred
• 10:45
  Speaker 1: and eighty square feet finished in the basement. It's got
• 10:47
  Speaker 1: a basement den. Uh. They have done a ton of stuff,
• 10:51
  Speaker 1: including steel exterior door, security gates, updated electrical wiring with
• 10:57
  Speaker 1: a new electrical panel, tankless water heater, w HVAC, upgraded
• 11:04
  Speaker 1: water lines. I mean, just a bunch of stuff. One
• 11:08
  Speaker 1: hundred and twenty thousand dollars, one hundred and twenty thousand dollars, all.
• 11:12
  Speaker 2: Right, one twenty, ten percent down, ten percent down back
• 11:17
  Speaker 2: to Gusty. We're tied up one to one.
• 11:23
  Speaker 1: Mmmm. He said, ten percent down.
• 11:25
  Speaker 2: I did.
• 11:31
  Speaker 1: Let's go with six hundred and twenty dollars six twenty
• 11:35
  Speaker 1: for Gusty.
• 11:37
  Speaker 4: I feel like it should be higher because I've been
• 11:40
  Speaker 4: kind of low. I'm gonna say seven fifty seven fifty.
• 11:47
  Speaker 4: The actual payment was seven hundred. On the nose, John
• 11:51
  Speaker 4: gets round three. He's up two to one going into
• 11:56
  Speaker 4: round four.
• 11:58
  Speaker 1: Woo, look at out now now?
• 12:01
  Speaker 2: Actually, OK, I can hear I can feel people turning
• 12:03
  Speaker 2: up the radio I actually.
• 12:05
  Speaker 1: Care for you.
• 12:05
  Speaker 3: I'm not just gonna throw numbers. I'm really going to
• 12:07
  Speaker 3: like people put in some efforts.
• 12:08
  Speaker 2: People just got in park and they're waiting to leave
• 12:10
  Speaker 2: the car to figure out how this one ends.
• 12:12
  Speaker 1: Feel Hey, We've got one coming up in the Hueytown area,
• 12:15
  Speaker 1: fifteen eighty eight White Drive. This one is three bedrooms,
• 12:18
  Speaker 1: one bath, one point nine to five acres. Look out,
• 12:23
  Speaker 1: get your own homestead one hundred and seventy thousand dollars
• 12:26
  Speaker 1: is built in fifty eight thoy twenty eight square feet.
• 12:30
  Speaker 1: But look at that land one point nine five acres
• 12:32
  Speaker 1: that some updates have been made. This listening is courtesy
• 12:36
  Speaker 1: of Richie Olmo. So, Richie, congratulations on your new listing.
• 12:39
  Speaker 1: By the way, that last one in Birmingham is Tony
• 12:41
  Speaker 1: McDaniel's listening, So congrats Tony on that.
• 12:44
  Speaker 2: So how much was this one?
• 12:46
  Speaker 1: One seventy one hundred and seventy thousand dollars.
• 12:50
  Speaker 2: Thousand dollars, five percent down, five percent down, We're back
• 12:55
  Speaker 2: to John okay.
• 12:57
  Speaker 4: So it's got to be more than the last one,
• 13:04
  Speaker 4: nine sixty I like that frequency.
• 13:10
  Speaker 1: I'm gonna go with a g one thousand bucks.
• 13:13
  Speaker 2: One thousand Bucks. It was actually one thousand and forty seven.
• 13:17
  Speaker 2: Dusty gets round four, so we are two to two
• 13:20
  Speaker 2: with one property to go.
• 13:23
  Speaker 1: The rubber match, the rubber match, all right, for all
• 13:28
  Speaker 1: the post it notes, Yeah, post it notes and notebooks
• 13:33
  Speaker 1: and h all that five one seven Polo way in Chelsea.
• 13:37
  Speaker 1: This is in the Polo crossing his neighborhood. Girl, you
• 13:40
  Speaker 1: know they Polo twenty four is when it was built.
• 13:43
  Speaker 1: This is a four bedroom, two and a half bath
• 13:45
  Speaker 1: town home, twighty four square feet and we're asking two
• 13:49
  Speaker 1: ninety five five. This listening is courtesy of John Michael Brandon,
• 13:53
  Speaker 1: John Michael, congratulations on your new listing.
• 13:57
  Speaker 2: Sorry, that was a trick Daddy reference Sarah had a
• 13:59
  Speaker 2: minute ago. Sorry, but the all right two ninety five
• 14:01
  Speaker 2: twenty percent down.
• 14:02
  Speaker 1: Did not catch that rolling down.
• 14:05
  Speaker 3: I do not know trick Daddy's cat.
• 14:08
  Speaker 4: I think I have no one song when he will
• 14:11
  Speaker 4: even tell you what that is, teamed with twister and
• 14:14
  Speaker 4: doing all let's go.
• 14:15
  Speaker 2: Yeah, those bigle boy jeans you wear, no, girl, you
• 14:18
  Speaker 2: know they polo?
• 14:20
  Speaker 1: No? I don't either, All right, Brad, Sorry, all right
• 14:24
  Speaker 1: down to Gusty. I believe Oh it's on me. Okay, okay, Okay,
• 14:33
  Speaker 1: I'm gonna go with the enough mmmm. This is this
• 14:40
  Speaker 1: is for everything. I'm gonna go with the sixteen twenty five.
• 14:51
  Speaker 2: He really didn't want to slay a number.
• 14:54
  Speaker 3: I think that's too high.
• 14:56
  Speaker 1: I really want to win. I was like, I don't
• 15:00
  Speaker 1: like to lose. Very competitive.
• 15:03
  Speaker 2: You just didn't want to I can tell you were like,
• 15:04
  Speaker 2: I don't want to commit to a number. Fifteen fifty
• 15:11
  Speaker 2: fifteen fifty. The actual payment was one thousand, five hundred
• 15:16
  Speaker 2: and thirty dollars. John gets round five and wins this
• 15:21
  Speaker 2: sunn Day on July the twenty sixth.
• 15:25
  Speaker 3: Mark it down.
• 15:26
  Speaker 1: Man, what was it again?
• 15:28
  Speaker 2: It was actually fifteen thirty thirty. Okay, Gusty went sixteen
• 15:33
  Speaker 2: twenty five, you went fifteen.
• 15:34
  Speaker 4: I was actually going to say fourteen ninety two, the
• 15:36
  Speaker 4: year Columbusy of the Ocean Blue, but then I went
• 15:38
  Speaker 4: a little higher when yours came in higher.
• 15:39
  Speaker 3: So it's kind of moved on.
• 15:41
  Speaker 1: You just never know. That's that's why you'll have to
• 15:44
  Speaker 1: listen to the game, y'all.
• 15:46
  Speaker 2: Somberg got that was like, well, yeah, yeah.
• 15:49
  Speaker 1: All right, Hey, we've got one coming soon near the
• 15:51
  Speaker 1: Hoover Country Club twenty five sixty two Foothills Drive. This
• 15:54
  Speaker 1: one's four bedrooms, four and a half baths, Oh my gosh,
• 15:58
  Speaker 1: almost four thousand square feet, and then another eight hundred
• 16:02
  Speaker 1: and ninety square feet finished in the basement five hundred
• 16:05
  Speaker 1: thousand dollars and some updates have been made. That's gonna
• 16:08
  Speaker 1: be a heck of a deal. Then, uh, we do
• 16:13
  Speaker 1: have some coming or not some coming soons. We've got
• 16:15
  Speaker 1: some buyer needs. I've got somebody looking in Bluff Park
• 16:18
  Speaker 1: up to five twenty five. I've got somebody looking in
• 16:21
  Speaker 1: the Glasscott neighborhood of ross Bridge up to two million,
• 16:26
  Speaker 1: and they have to have two bedrooms on the main level.
• 16:30
  Speaker 1: And then I've also got somebody still Hey, we're still
• 16:32
  Speaker 1: hustling Griffin Parker Egle Point up to six hundred. We're
• 16:35
  Speaker 1: still looking for that. So we've got some other buyer needs,
• 16:39
  Speaker 1: but just more to focus on those three four to day.
• 16:43
  Speaker 1: If you have anything that matches that, go to Gustygoulisgroup
• 16:46
  Speaker 1: dot com or color Text two five five four to
• 16:48
  Speaker 1: two nineteen ninety six. Hey, guess what time it is?
• 16:53
  Speaker 3: Sorry? I stupid? Is he celebrating? Man? All right?
• 16:57
  Speaker 1: Thank you? I was like, do we need to do it? Again,
• 17:00
  Speaker 1: because I feel like I was looking at something and
• 17:03
  Speaker 1: I wasn't. Ah, man, It's okay, all right, Hey, guess
• 17:06
  Speaker 1: what time it is. That's right, it's testimonial time.
• 17:13
  Speaker 2: See I'm over here waiting for my trigger. I'm just like,
• 17:17
  Speaker 2: where where are we going?
• 17:18
  Speaker 4: All right?
• 17:18
  Speaker 1: This one is from Morgan. Morgan said Gusty was fantastic
• 17:22
  Speaker 1: and the utmost professional. His preparation for each and hard
• 17:27
  Speaker 1: work after gave us the confidence we needed to put
• 17:30
  Speaker 1: in the offer on our forever home. I can't say
• 17:33
  Speaker 1: enough nice things about his patients with us as we
• 17:35
  Speaker 1: change what we wanted more than a few times. He'll
• 17:38
  Speaker 1: be the first person we'll call if we ever go
• 17:40
  Speaker 1: to buy again. So Morgan, thank you so much for
• 17:42
  Speaker 1: the opportunity to represent you by a home in the
• 17:45
  Speaker 1: Brook Highland area.
• 17:47
  Speaker 2: And Gusty, congratulations on another five star review.
• 17:53
  Speaker 1: And this is from John. John said I would recommend
• 17:57
  Speaker 1: Garrett to anybody. Extremely responsive, has a great knowledge of
• 18:01
  Speaker 1: the local market and helped me narrow down the best
• 18:03
  Speaker 1: house for me. Garrett helped me find a house right
• 18:06
  Speaker 1: as it came on the market and did an excellent
• 18:08
  Speaker 1: job negotiating. Ask for Garrett with the Gusty Goulis Group
• 18:11
  Speaker 1: if you're looking for a home. So John, congratulations on
• 18:13
  Speaker 1: your new home. And Garrett, congratulations on another five star review.
• 18:19
  Speaker 1: How about that? Love them five star reviews. Been getting
• 18:24
  Speaker 1: a bunch of them here lately. That's what I'm talking about.
• 18:27
  Speaker 1: All right, y'all stay too. We're gonna give you a
• 18:28
  Speaker 1: little update on what we're seeing in the mortgage world
• 18:31
  Speaker 1: right here on ball Bard and Sold. Stay tuned. Wellcome
• 18:36
  Speaker 1: back to Ball Bird and Sold, and we were talking.
• 18:40
  Speaker 1: You know, we like to talk about mortgage rates. I
• 18:45
  Speaker 1: know it's such a such an exciting topic. But Brad
• 18:49
  Speaker 1: Smith with Cross Country Mortgage bradsmithlans dot com always brings
• 18:55
  Speaker 1: some solid information about what we're seeing in the mortgage market.
• 19:01
  Speaker 1: And each and every week I get to ask him, hey,
• 19:06
  Speaker 1: are we making any progress and lowering rates? And he
• 19:09
  Speaker 1: comes back and says.
• 19:11
  Speaker 2: Mortgage rates mortgage rates inch up to eleven month high.
• 19:17
  Speaker 1: Oh my god, that's not what I want to hear.
• 19:20
  Speaker 2: That's a headline from Mortgage Rate Watch. So that's you
• 19:27
  Speaker 2: can see it on my face as I do. Do
• 19:29
  Speaker 2: we real want to talk about mortgage rates?
• 19:31
  Speaker 4: We do?
• 19:31
  Speaker 2: We need to know it is, it is I know,
• 19:33
  Speaker 2: I'm just kidding. I just I would like to have
• 19:35
  Speaker 2: good news. You know, I'm a I'm a positive person.
• 19:38
  Speaker 2: I like to I like to try to bring people
• 19:40
  Speaker 2: positivity and uplift folks. So rate rates are not doing
• 19:45
  Speaker 2: what we want to do, you know, fuel prices are
• 19:48
  Speaker 2: staying up and elevated. You know there's still a lot
• 19:50
  Speaker 2: of this. You know, are we still in war with
• 19:52
  Speaker 2: our RN or not. It feels like we are. I'm
• 19:54
  Speaker 2: pretty sure we are, even though we're not in it,
• 19:56
  Speaker 2: you know anyway, So you know it hasn't helped with
• 19:58
  Speaker 2: our gas prices at all. Yes, I feel like I've
• 20:01
  Speaker 2: seen guests go back to start taking back up the
• 20:03
  Speaker 2: past week and a half, two.
• 20:04
  Speaker 1: Weeks in a lot of which I gotta go get
• 20:08
  Speaker 1: gas today.
• 20:09
  Speaker 2: I've been holding on my truck. I bet I saw
• 20:12
  Speaker 2: you coming down another day and I was like just guzzling.
• 20:15
  Speaker 1: Dude, Like that's like thirty three gallons.
• 20:18
  Speaker 2: Show what it good about? Thirteen miles of the gallon?
• 20:20
  Speaker 1: I don't know. Yes, So I got a big old try.
• 20:22
  Speaker 1: I got a big old Tundra and it's like I
• 20:24
  Speaker 1: got thirty fives a six inch suspension left and that
• 20:27
  Speaker 1: thing loves to funnel some some gas.
• 20:30
  Speaker 2: It will take it down. But but I mean, that's
• 20:34
  Speaker 2: that's what's causing all this. And so even though we
• 20:36
  Speaker 2: had some good inflation numbers last week that would be
• 20:38
  Speaker 2: good for rates, the realization of a lot of those
• 20:42
  Speaker 2: numbers are based off of June numbers, which is when
• 20:45
  Speaker 2: we did have some of the lower fuel prices we've
• 20:48
  Speaker 2: had since the Iran war started. So you know now
• 20:51
  Speaker 2: that with rate, with the with the fuel and calls
• 20:53
  Speaker 2: going back up throughout July, you know, it's it's it's
• 20:58
  Speaker 2: going back. The rates are going back up with it.
• 21:00
  Speaker 2: And what we're seeing is we're still having issues over
• 21:02
  Speaker 2: there getting stuff out of the strait. We've got reserves
• 21:06
  Speaker 2: that we tapped into we're trying to refill and pull
• 21:09
  Speaker 2: from that. We that we did through that thing. So
• 21:11
  Speaker 2: right now, not only are we, you know, a lot
• 21:13
  Speaker 2: of the world is trying to cap back off their reserves.
• 21:16
  Speaker 2: On top of we're still all needing the gas and
• 21:18
  Speaker 2: we're still having issues getting fueled. And it's a fifth
• 21:20
  Speaker 2: of the world supplies goes through that straight So it
• 21:26
  Speaker 2: is not helped mortgage rates. Uh, you know that the
• 21:29
  Speaker 2: gas prices stand up is more inflationary. So that's not good.
• 21:32
  Speaker 2: I mean, it's even you know, bringing up some some
• 21:35
  Speaker 2: things are reading about potential rate hikes at this point
• 21:40
  Speaker 2: because of it, which is not what you want to
• 21:42
  Speaker 2: read inside the headlines. But I mean again, I think
• 21:46
  Speaker 2: we're still just in a bunch of unknowns. And is
• 21:49
  Speaker 2: it amazing? I just hit me the one word that
• 21:52
  Speaker 2: I haven't used in maybe four five six months now
• 21:55
  Speaker 2: this year. It's tariffs. Anybody talk about it? Tariff in
• 21:58
  Speaker 2: a while? I mean, I mean again, like we were
• 22:01
  Speaker 2: still figuring out what the terrorifs we're going to do
• 22:03
  Speaker 2: to inflation, and now we're worried about the fuel calls
• 22:06
  Speaker 2: from the war, and I ran, or what is do
• 22:07
  Speaker 2: it to inflation? And we still we still don't you know,
• 22:10
  Speaker 2: you know that we know what it all causes. It's inflationary,
• 22:13
  Speaker 2: but how much how can we slow it down? And
• 22:15
  Speaker 2: what we can do about it? So again, right now,
• 22:17
  Speaker 2: mortgage rator are hanging up in the in the upper
• 22:20
  Speaker 2: sixes now, I mean I safely say thirty year average,
• 22:23
  Speaker 2: and that now it is around six and three quarters,
• 22:26
  Speaker 2: you know, give or take, you know, uh So conventionally
• 22:29
  Speaker 2: you can get I mean government loans Fanny, I mean,
• 22:32
  Speaker 2: fh a va, you can get down a little lower.
• 22:33
  Speaker 2: But I mean we're we're in the upper sixes right
• 22:36
  Speaker 2: now and holding kind of studies, so we'll see and
• 22:38
  Speaker 2: hopefully get some relief soon. But I know that's not
• 22:42
  Speaker 2: that's not the update you wanted today. But uh, well,
• 22:45
  Speaker 2: but again, it is what it is, and it's where
• 22:47
  Speaker 2: we are.
• 22:47
  Speaker 1: Well, and I can tell you that you know, again,
• 22:50
  Speaker 1: like I mentioned in our last segment, last segment, I
• 22:53
  Speaker 1: mean one one house had thirteen showings in one day, right,
• 22:56
  Speaker 1: so that also tells at that location, uh, the house,
• 23:00
  Speaker 1: the price makes a big difference. And I am and
• 23:05
  Speaker 1: I'll tell you I'm suggesting to my clients to price
• 23:09
  Speaker 1: a hair under market, yep, because I feel like our
• 23:13
  Speaker 1: market is just kind of a little bit different right now.
• 23:17
  Speaker 1: It's kind of random, very random. So I would rather
• 23:21
  Speaker 1: I would rather people put their make some investment, get
• 23:25
  Speaker 1: some curb appeal, get these houses looking, not just throw
• 23:29
  Speaker 1: up a listing. Let's do some prep work, get it
• 23:33
  Speaker 1: and then price it just a hair on our market.
• 23:35
  Speaker 1: Let's get multiple people in there and get some multiple offers.
• 23:38
  Speaker 1: So anyways, we have a strategy, and it just really
• 23:40
  Speaker 1: depends on your house, your budget, your situation, and we
• 23:43
  Speaker 1: can make all that happen, but you have to do
• 23:46
  Speaker 1: one thing. You've got to go to Gustygulisgroup dot com
• 23:49
  Speaker 1: and reach out to us and we would happily build
• 23:52
  Speaker 1: a plan of action, whether it's sell a house tomorrow
• 23:55
  Speaker 1: or sell a home in the next year. All Right,
• 23:58
  Speaker 1: y'all think so much for joining us. Brad John, you'll
• 24:02
  Speaker 1: be good. Thank you, catch y'all next time. Peace,