Latest / Bought Borrowed and Sold / Home is where the heart is-for Valentine's day
Transcript
- 0:00Speaker 1: Hello, Hello, good morning, Welcome to bart and sold. Thank
- 0:04Speaker 1: you so much for joining us. And once upon a time,
- 0:08Speaker 1: many many many moons ago, I actually took my wife
- 0:13Speaker 1: Katie to a waffle house for Valentine's dinner and they
- 0:18Speaker 1: had white tablecloths that they came out like. I had
- 0:21Speaker 1: to reserve a table and they.
- 0:24Speaker 2: This was it.
- 0:25Speaker 1: I think it was like fifteen seventeen years ago, but
- 0:28Speaker 1: I had to reserve a table. They had white tablecloth
- 0:31Speaker 1: and we went to.
- 0:32Speaker 2: Had to go to the leads.
- 0:33Speaker 1: They were the only one that we're doing that, uh
- 0:35Speaker 1: huh and leads at the waffle house, and we had
- 0:38Speaker 1: so much fun.
- 0:40Speaker 3: We all dating then or may we already married.
- 0:42Speaker 1: I can't remember if we were dating or we were
- 0:43Speaker 1: married at that point. We were probably I don't know,
- 0:46Speaker 1: probably married because if I was, I think if we
- 0:49Speaker 1: were dating, she'd probably be like, I don't know about
- 0:51Speaker 1: this guy. I was like, well, I mean I saw
- 0:56Speaker 1: that they started doing that, and I asked her. I
- 0:59Speaker 1: was like, hey, this is kind of random, but Valentine's
- 1:02Speaker 1: would you want to go to like they'll do white
- 1:05Speaker 1: tablecloth at waflouse? And she was like, yeah, absolutely, why.
- 1:08Speaker 3: Not, let's do it? So that's a great plan. I
- 1:11Speaker 3: wish I had known, I would have already out of that.
- 1:13Speaker 3: That might have been at Valentine's.
- 1:15Speaker 1: Dat I don't know, See, I don't know if they
- 1:16Speaker 1: did that yesterday at you know, I think they only
- 1:19Speaker 1: do it at participating restaurants. Oh, so there you go.
- 1:23Speaker 1: Well we got I hope you all had a wonderful
- 1:26Speaker 1: Valentine's Day?
- 1:28Speaker 2: And you know, have you have you given.
- 1:32Speaker 1: The special gift of a house for Valentine's I.
- 1:36Speaker 3: Mean, that's what else would you give? I can't imagine.
- 1:39Speaker 1: You can get chocolate. You might could get a car.
- 1:42Speaker 1: Who does jewelry?
- 1:44Speaker 4: Oh?
- 1:45Speaker 3: Come on?
- 1:46Speaker 2: You know, but hey, why not a house?
- 1:48Speaker 3: Get under contract? Let's talk about some real estate.
- 1:51Speaker 2: Why don't we?
- 1:51Speaker 1: We got Brad Smith with Cross Country Mortgage hanging out
- 1:54Speaker 1: with us in the studio as well as John Mounts.
- 1:57Speaker 2: Well, what's been going on?
- 2:00Speaker 4: Man?
- 2:00Speaker 3: It's been I mean just kind of piggybacking off what
- 2:03Speaker 3: we've already talked about in previous weeks. I mean, it's
- 2:05Speaker 3: still it still feels like it's coming. I mean it's
- 2:07Speaker 3: still happening already, and you know we talk about it
- 2:09Speaker 3: all the time too. You said multi for multiple months now,
- 2:14Speaker 3: the kind of the calm before the storm. Yeah, well
- 2:15Speaker 3: we're kind of in this. We're kind of in this.
- 2:17Speaker 3: We may not be in the eye of the storm,
- 2:18Speaker 3: but we're in the storm because the contracts happening now
- 2:21Speaker 3: are forard March April May closings, and that's all going
- 2:25Speaker 3: to be what we think is still going to be
- 2:27Speaker 3: in the storm. So I mean we're I mean, so
- 2:28Speaker 3: that's the eye of the storm. So I mean we're
- 2:30Speaker 3: we're in it. I mean, it's the phone's ringing, people
- 2:32Speaker 3: are going in a contract, people are listing. I'll be
- 2:35Speaker 3: curious to hear some of your numbers and some of
- 2:36Speaker 3: the stuff y'all got going on. But okay, but I
- 2:39Speaker 3: mean it's it's uh, my phone is busy and picking
- 2:42Speaker 3: up with pre approvals and people already writing contracts.
- 2:46Speaker 1: Yes, well, this will be the third week in a
- 2:49Speaker 1: row that we've had put over ten.
- 2:51Speaker 2: Homes under contract.
- 2:52Speaker 3: That's phenomenal week.
- 2:53Speaker 1: So I do have some shout outs. Jonathan, Isaac, Edwin, TJ,
- 2:58Speaker 1: and Richie all put homes under contract. Richie is actually
- 3:02Speaker 1: his first contract, so we're really excited for Richie. He
- 3:07Speaker 1: just joined us recently and uh, and then Ashley on
- 3:10Speaker 1: her team. She put two homes under contract, and uh, Kyle,
- 3:14Speaker 1: Kyle bedgood four homes under contract this past week. The
- 3:17Speaker 1: dude is a machine just getting after getting after it.
- 3:21Speaker 1: And uh, you know it's funny like last week he
- 3:23Speaker 1: put five under contract. Let's see the week before he
- 3:28Speaker 1: put two homes under contract. I'm like, all right, try
- 3:33Speaker 1: to slow Kyle down.
- 3:33Speaker 2: You can't do it.
- 3:34Speaker 3: You can't do it. He must he must not sleep,
- 3:37Speaker 3: you know, because he because he also he's a hard worker.
- 3:42Speaker 3: He's a very hard worker. And uh and and I
- 3:45Speaker 3: feel like he you know, you notice he cares a lot,
- 3:49Speaker 3: you know, and so like, you know, he's not just
- 3:50Speaker 3: like trying to get one done and the next. So
- 3:53Speaker 3: I mean, I know how much time and effort he's
- 3:55Speaker 3: probably he's putting into each one of those and going
- 3:57Speaker 3: like that's you know, would you gotta do what you
- 4:00Speaker 3: to do? But that's you know, more of a testament
- 4:01Speaker 3: to him. So great job, Kyle.
- 4:04Speaker 1: Well all right, well hey we've got some we've got
- 4:06Speaker 1: some open houses this afternoon, we've got some new listings and.
- 4:10Speaker 2: So, uh, well we'll get the game going. So Brad,
- 4:13Speaker 2: do you want to share the rules of the game.
- 4:15Speaker 3: The rules of the game. All right. So Gussy's gonna
- 4:17Speaker 3: go through the properties that he's got and he's gonna
- 4:20Speaker 3: get some cool features and details, schools owns, all that
- 4:22Speaker 3: fun stuff. But then he's gonna give me what I need,
- 4:24Speaker 3: and that is the purchase the list price, purchase price
- 4:27Speaker 3: of the home. I'm going to give a potential down payment,
- 4:30Speaker 3: that is that a borrower you may make on the house.
- 4:32Speaker 3: And then John and Gusty, you're going to guess the
- 4:35Speaker 3: thirty year fixed principal interest only monthly payment.
- 4:38Speaker 2: All right.
- 4:38Speaker 3: So there it is, all right. So Gusty, I need
- 4:41Speaker 3: to I need a property. I need a property.
- 4:43Speaker 1: Okay, well we can get you the property. The first one,
- 4:45Speaker 1: we've got a new listing in the Crustwood area of Birmingham.
- 4:49Speaker 1: Once upon a time lived in Crustwood, had a good time.
- 4:53Speaker 1: This one is fifty three twenty seven Seventh Avenue South.
- 4:57Speaker 1: This is a three bedroom, one bath home with a
- 5:00Speaker 1: covered front porch eleven hundred and fifty nine square feet,
- 5:04Speaker 1: built in nineteen fifty and we were asking two ninety
- 5:08Speaker 1: nine nine, two ninety nine nine. This listing is courtesy
- 5:12Speaker 1: of riley Wood. But uh, Edwin Selini on our team
- 5:15Speaker 1: is going to be hosting it this afternoon.
- 5:18Speaker 2: So if you.
- 5:19Speaker 1: Speak French, you can speak French with Edwin and English
- 5:23Speaker 1: and English.
- 5:23Speaker 3: Yes, yeah, you don't have to be you don't have
- 5:25Speaker 3: to speak just Friz bilingual. Yeah, yes for sure. Real
- 5:29Speaker 3: sidebar question, real quick. Well you living in Crestwood when
- 5:32Speaker 3: y'all went to waffle House. I'm trying to pinpoint down this.
- 5:35Speaker 3: I'm trying to pinpoint down the timeline. I really just kidding.
- 5:38Speaker 3: I don't remember tone nine nine.
- 5:40Speaker 2: We were.
- 5:41Speaker 1: We were in Preswood from eight to eleven, and then
- 5:45Speaker 1: we went when we did our rento at our house
- 5:47Speaker 1: at Homewood, we went. We were back there from twenty
- 5:50Speaker 1: fourteen to twenty fifteen.
- 5:51Speaker 3: Oh okay, cool, got you all right? Sorry to nine
- 5:54Speaker 3: five percent down, five percent down. Gusty gets first first guess,
- 5:59Speaker 3: said down.
- 6:02Speaker 1: Well, I'm gonna go well, seventeen fitty idel like fifteen fifty.
- 6:22Speaker 3: I feel like it was seventeen fifty four. Oh, Gusty
- 6:26Speaker 3: all over a round one and just.
- 6:33Speaker 2: Gotta go higher. Gotcha all right.
- 6:36Speaker 1: Our next new listing is also open this afternoon from
- 6:39Speaker 1: two to four ten twenty seven, Sydney, Park. This is
- 6:43Speaker 1: in the Grand neighborhood that was built by Tower Homes
- 6:47Speaker 1: over right off of Lake Shore Drive, over by let's
- 6:53Speaker 1: see Oxmore Valley Elementary School. So this one is three bedrooms,
- 6:57Speaker 1: two baths, exst you actually three bedroom rooms, two and
- 7:00Speaker 1: a half baths, fifteen hundred and ninety six square feet.
- 7:04Speaker 1: Built in twenty twenty four. It's got a one car garage.
- 7:07Speaker 1: It also has an incredible view. Really, it's got a
- 7:12Speaker 1: covered porch. Uh and they've added the screens where you
- 7:16Speaker 1: can press a button where the screens come down. It's
- 7:18Speaker 1: got the granite countertops and the kitchen.
- 7:22Speaker 2: Just a really cute house.
- 7:23Speaker 1: Three eighty nine to nine, three eighty nine nine. This
- 7:26Speaker 1: listing is courtesy of Riley Wood and Ashley stags On.
- 7:30Speaker 1: Our team is going to be hosting it this afternoon
- 7:32Speaker 1: from two to four. So, Riley, congratulations on your new listing.
- 7:36Speaker 3: Nice all right, So so got it three eighty nine
- 7:39Speaker 3: to nine. We're gonna stick with five percent down, John,
- 7:42Speaker 3: We're gonna stick with five percent down. Thirty eighty nine
- 7:44Speaker 3: to nine.
- 7:45Speaker 1: The last one was two nine three eighty nine nine,
- 7:49Speaker 1: so roughly, you know, thirty three percent more.
- 7:51Speaker 5: So I'm thinking twenty.
- 7:58Speaker 2: Twenty four hundred. Mmm, you said how much down?
- 8:07Speaker 3: Five percent?
- 8:14Speaker 2: I'm gonna go with I think we're probably in the
- 8:23Speaker 2: What did he say?
- 8:24Speaker 3: Twenty four hundred?
- 8:25Speaker 1: I think twenty four hundreds pretty close? Don't price it
- 8:28Speaker 1: right me, I'm gonna say twenty four to sixty.
- 8:32Speaker 3: The actual payment was two thousand, two hundred and eighty
- 8:35Speaker 3: one dollars. John gets around two.
- 8:38Speaker 5: I mean we're closer and close, but I was slightly
- 8:42Speaker 5: not last close.
- 8:44Speaker 3: All right, I'm pretty close.
- 8:45Speaker 1: Got another new listing. This one is in the oak
- 8:48Speaker 1: Ridge Park neighborhood of Birmingham, six O six and twerp avenue,
- 8:53Speaker 1: three bedrooms, two baths, twelve hundred square feet, and we're
- 8:56Speaker 1: asking one hundred and fifteen thousand dollars for this one.
- 8:59Speaker 1: This can all so potentially be a setup for an
- 9:02Speaker 1: investor as well, so it would be a I would
- 9:05Speaker 1: think a pretty pretty easy rental as well. So, Jonathan Weaver,
- 9:10Speaker 1: congratulations on your new listing. One hundred and fifteen thousand,
- 9:13Speaker 1: six h six inchworp Avenue.
- 9:15Speaker 3: Let's go all right, one fifteen five percent down. We're
- 9:18Speaker 3: gonna stick with five percent down from now. Okay, we're
- 9:21Speaker 3: back to Gusty.
- 9:22Speaker 4: All right, I'm gonna go with.
- 9:33Speaker 2: Six hundred dollars six hundred for Gusty.
- 9:37Speaker 5: I was thinking we're like seven hundred, okay.
- 9:41Speaker 3: I the actual payment was six hundred and seventy two dollars.
- 9:48Speaker 3: John gets round three. It was up two to one
- 9:52Speaker 3: with two properties to get. Uh, we just call it now.
- 9:57Speaker 5: I'll be okay with that.
- 9:59Speaker 3: Hey, we've got look at the time, we gotta go.
- 10:02Speaker 1: All right, we got another new listing, twelve hundred Bunchie
- 10:06Speaker 1: Street in Huey Town, sitting on almost half an acre lot.
- 10:10Speaker 1: This is a brick rancher, three bedrooms, one and a
- 10:13Speaker 1: half baths, fourteen hundred and fifty six square feet, built
- 10:16Speaker 1: in nineteen sixty four, and we're asking one hundred and
- 10:18Speaker 1: ninety nine thousand, one hundred ninety nine thousand. This listing
- 10:22Speaker 1: is courtesy of Frido Whitley. Freda, congratulations on your new listing, one.
- 10:27Speaker 3: Night nine, one ninety nine. We're gonna go to ten
- 10:29Speaker 3: percent down here to John, ten percent down on one
- 10:32Speaker 3: ninety nine, trying.
- 10:34Speaker 2: To throw me off, trying to throw me off.
- 10:35Speaker 5: So let's say that's like who we're financing like one.
- 10:38Speaker 6: Eighty Uh, how about twelve twenty, twelve twenty.
- 10:51Speaker 3: I'm gonna go with eleven fifty eleven fifty, it's actually
- 10:55Speaker 3: eleven o eight. Hey, so Dusty's back home board two
- 11:00Speaker 3: to two, one property to go. We have our rubber match.
- 11:06Speaker 1: All right, for all the marbles, for the bragging rights
- 11:11Speaker 1: between Gusty and John.
- 11:13Speaker 3: It gets it gets, it's gets lit and the break
- 11:15Speaker 3: in here on all the smack talk.
- 11:18Speaker 1: Yeah, all right, hey. Next new listing is in the
- 11:21Speaker 1: Grayson Valley area and the Sweetwater Oaks neighborhood. Built in
- 11:25Speaker 1: nineteen seventy seven twelve oh nine, west Ridge Lane is
- 11:30Speaker 1: three bedrooms, two baths. It's twelve hundred and fifty two
- 11:33Speaker 1: square feet on the main level another six hundred square
- 11:36Speaker 1: feet finished in the basement. It also has a two
- 11:38Speaker 1: car garage and sits on a third of an acre lot.
- 11:44Speaker 3: And uh.
- 11:44Speaker 1: This listing is courtesy of Breonna Green. So Brianna, congratulations
- 11:48Speaker 1: on your new listing. Also, by the way, updated kitchen
- 11:51Speaker 1: with stainless still appliance.
- 11:52Speaker 3: Nice. There you go, all right? Was the purchase price
- 11:56Speaker 3: two fifteen, two fifteen. Okay, we're going back to five
- 11:59Speaker 3: percent down on two fifteen. Net's on me to mister Gusty, mister.
- 12:07Speaker 4: Goulas, all right, I'm gonna go with.
- 12:25Speaker 2: Let's go thirteen seventy five.
- 12:29Speaker 3: Thirteen seventy five.
- 12:32Speaker 5: And I see what he's doing there, because this was
- 12:34Speaker 5: pretty close in price the last one.
- 12:35Speaker 2: This way he had to move the.
- 12:36Speaker 5: A little more sentage around, a little bit, give more
- 12:38Speaker 5: breathing room. Uh, I've been low before. I'm gonna get
- 12:46Speaker 5: fourteen hundred.
- 12:48Speaker 3: Should have stayed low, John, The actual pay was twelve
- 12:51Speaker 3: fifty seven. Gusty gets it done.
- 12:56Speaker 2: Let's go right, the winner today.
- 13:02Speaker 3: And still champion.
- 13:03Speaker 1: All right, Hey, we've got we've got one that's gonna
- 13:05Speaker 1: be coming up in Pelham in the Chandler area, a
- 13:08Speaker 1: two bedroom, two bath town home for two twenty five
- 13:11Speaker 1: that's gonna be coming.
- 13:11Speaker 3: Up next week.
- 13:13Speaker 2: We do have some VIP buyer needs We've got.
- 13:16Speaker 1: We've got somebody looking in the Liberty Park Vestavia area
- 13:19Speaker 1: up to five sixty.
- 13:21Speaker 2: Looking for a four bedroom home.
- 13:23Speaker 1: We've got a couple of folks that are looking in
- 13:25Speaker 1: the Chilton County area. Uh. We've got multiple folks that
- 13:28Speaker 1: are looking for like five to ten acres so that
- 13:32Speaker 1: they can kind of build some of their dream homes.
- 13:34Speaker 1: We've got somebody looking in the Hoover and Pelham areas
- 13:37Speaker 1: up to five hundred. We've got somebody looking for a
- 13:41Speaker 1: downtown Birmingham condo up to six hundred thousand. We've got
- 13:46Speaker 1: somebody looking in Homewood. We've got multiple people. We've got
- 13:49Speaker 1: somebody looking up to four hundred. We've got somebody looking
- 13:51Speaker 1: up to a mill. We've got a couple of folks
- 13:54Speaker 1: up to a one.
- 13:54Speaker 2: And a half mil.
- 13:55Speaker 1: We've got one person up to one point seventy five
- 13:58Speaker 1: one point eight mil.
- 13:59Speaker 2: So we've got some.
- 14:00Speaker 1: Homewood home buyas. Yeah, buddy, and so that's our most
- 14:04Speaker 1: immediate needs. Hey, guess what time it is. That's right,
- 14:09Speaker 1: it's testimonial time, all right. This one is from Tyler
- 14:14Speaker 1: and it's about Riley. When it comes to buying and
- 14:16Speaker 1: selling your home, it can be stressful and intimidating for
- 14:20Speaker 1: some people, but having Riley as my agent was the
- 14:23Speaker 1: best experience I could have hoped for. From the very
- 14:26Speaker 1: first day to my closing date, Riley was very knowledgeable, professional,
- 14:29Speaker 1: and very easy to communicate with throughout the process of
- 14:32Speaker 1: selling my old home to buying my new home. I
- 14:35Speaker 1: would definitely recommend Riley to my family and friends for
- 14:38Speaker 1: any future needs. Well, Tyler, congratulations on your new home.
- 14:43Speaker 1: Thank you so much for trusting our team. And Riley, congratulations.
- 14:46Speaker 3: On another five star review.
- 14:51Speaker 1: And this one is from miss Anita. Anita said, we
- 14:55Speaker 1: contacted Gusty and he went over and above to be
- 15:00Speaker 1: excuse me, he went over and beyond to be there
- 15:02Speaker 1: for us. He met us and was very knowledgeable at
- 15:05Speaker 1: about the houses on the market in the area and
- 15:07Speaker 1: price range that we were looking in. He made suggestions
- 15:10Speaker 1: for things that we should ask for and was a
- 15:12Speaker 1: great negotiator. Look at that, he would definitely be our
- 15:16Speaker 1: next choice for buying or selling a home in the future.
- 15:18Speaker 1: Thank you, Gusty for all you and your staff did
- 15:21Speaker 1: to assist us and make their process as easy as possible. Well, Listenita,
- 15:26Speaker 1: thank you so much for the opportunity and congratulations on
- 15:29Speaker 1: your new home. And you know, Gusty, congratulations.
- 15:32Speaker 3: On another five star reviews.
- 15:37Speaker 1: Do it? He has to have just said, I know,
- 15:39Speaker 1: I just you know, I just needed to like feeling
- 15:43Speaker 1: take it all in.
- 15:44Speaker 2: So all right.
- 15:47Speaker 1: On another note, I meant to say, you can always
- 15:49Speaker 1: go to gustigougisgroup dot com.
- 15:51Speaker 2: You can get a free value on your house.
- 15:53Speaker 1: You can look at all the listings that we've got
- 15:56Speaker 1: and uh yeah, we would love to even have a
- 15:58Speaker 1: conversation with you if buying are selling a home in
- 16:01Speaker 1: twenty twenty six is on your radars.
- 16:04Speaker 2: So all right, y'all, stay tuned.
- 16:06Speaker 1: We're going to talk a little bit more about what's
- 16:07Speaker 1: going on in the real estate market and.
- 16:10Speaker 2: The mortgage market right here on Billboard and Sold. Stay tuned.
- 16:19Speaker 1: Well, welcome back to Bollbared and Sold again. Thanks so
- 16:22Speaker 1: much for joining us. We've been obviously pretty busy over
- 16:27Speaker 1: the last three weeks. I mean we've put over I
- 16:30Speaker 1: think thirty I mean almost forty homes under contract in
- 16:34Speaker 1: the last three weeks. That's awesome, which is fantastic, I know,
- 16:37Speaker 1: I mean, we've got some of our newer agents have
- 16:41Speaker 1: put their first homes under contract. We're out there negotiating deals.
- 16:45Speaker 1: It seems like we're negotiating deals every day, and you know,
- 16:50Speaker 1: it's exciting. You can feel the momentum in real estate.
- 16:55Speaker 1: And we were talking about it in our first segment.
- 16:57Speaker 1: We just kind of touched on it the eye before
- 16:59Speaker 1: the the call before the storm, and we were talking
- 17:02Speaker 1: about you know, over the last few months, we've just said, hey,
- 17:05Speaker 1: you know, there might be places where there's like a
- 17:07Speaker 1: little bit more of a buyer's market than a than
- 17:09Speaker 1: a seller's market. But you know, our selling season typically
- 17:13Speaker 1: runs March through July. And really, the reason I say
- 17:17Speaker 1: July is is mainly for July's closings because most people,
- 17:21Speaker 1: I mean July is one of our typical slowest contract months, right,
- 17:25Speaker 1: because that's when like people are doing their last vacations
- 17:28Speaker 1: before school starts.
- 17:29Speaker 2: So a lot of what we.
- 17:31Speaker 1: Do over the next four months is kind of what
- 17:35Speaker 1: we do for the whole year, and a lot of
- 17:39Speaker 1: preparation for going to the market. But you know, I
- 17:43Speaker 1: find that it typically depends on how mild the winter
- 17:47Speaker 1: is of when our market heats up. Now, what was
- 17:52Speaker 1: unique about this one is our market heated up quicker,
- 17:56Speaker 1: even though it was just like, I mean, we've had
- 17:59Speaker 1: like I felt like ice storm for three weeks, and
- 18:02Speaker 1: so even with all the unusual weather and as bitterly
- 18:06Speaker 1: cold as it's been for the last month, surprisingly our
- 18:10Speaker 1: market has kicked off quicker than typical.
- 18:12Speaker 3: Yeah, and that's not and that that and that doesn't
- 18:15Speaker 3: carry over to all the markets across the country either,
- 18:17Speaker 3: so that's what that's the other numbers we're seeing too,
- 18:19Speaker 3: So that's that's another Like I just want to make
- 18:21Speaker 3: sure people are like we're talking about our market and
- 18:23Speaker 3: here and what we're we're we're in the middle Greater
- 18:25Speaker 3: Birmingham market, Greater Birmingham market and so not not to
- 18:28Speaker 3: sidetrack you there, but I mean like we're seeing other
- 18:30Speaker 3: numbers nationally. So I mean Birmingham and the Jefferson County
- 18:33Speaker 3: and the strunning areas is holding up very well right now. Absolutely,
- 18:36Speaker 3: And to your point, we're ahead of schedule when some
- 18:38Speaker 3: others are are kind of falling markets are falling behind schedule.
- 18:41Speaker 2: Now I do.
- 18:42Speaker 1: I will say what was unique about January numbers. January
- 18:46Speaker 1: actually was less than a year ago, so we had
- 18:52Speaker 1: less closings in January. However, like February, if everything kind
- 18:58Speaker 1: of closes out, it's kind of running what potentially might
- 19:00Speaker 1: be one of our best months.
- 19:02Speaker 2: That we've had in a February yep.
- 19:03Speaker 3: So again unique in the contracts and closings too, or
- 19:07Speaker 3: or you know again it's all it's all trailing so
- 19:09Speaker 3: one you know, so you know, so we're you know,
- 19:11Speaker 3: we're January kind of seeing some of the effects, so
- 19:13Speaker 3: we didn't quite get the rate reductions we thought we might. See.
- 19:16Speaker 3: We had a government shut down which had people not looking,
- 19:18Speaker 3: and then once they got it back open started looking.
- 19:21Speaker 3: So it just pushed a lot of things back. And
- 19:23Speaker 3: so I think January was kind of wonky for just
- 19:25Speaker 3: about everybody. Yeah, but uh, but no, I mean it's
- 19:28Speaker 3: but I mean it's definitely but somewhere there in middle
- 19:30Speaker 3: of January obviously, Yeah, I meant first iron, Yeah, I
- 19:34Speaker 3: started firing, and then that's leading to closings for February, which.
- 19:37Speaker 2: Yeah, we had over the past week.
- 19:39Speaker 1: We had multiple homes that went under contract in their
- 19:42Speaker 1: first week on the market. We're having good traffic on.
- 19:48Speaker 1: We've got a you know, a million dollar plus property
- 19:50Speaker 1: in Graystone that we're still having good traffic on, waiting
- 19:53Speaker 1: for the right person.
- 19:54Speaker 3: By the way, how that open house goes this past.
- 19:56Speaker 1: Week, Yeah, so we had an agent open house and
- 19:58Speaker 1: we had over twenty agents that came in through that
- 20:01Speaker 1: open house. And then we also that home got featured
- 20:04Speaker 1: in the Birmingham Business Journal for million Dollar Monday this
- 20:07Speaker 1: past Monday.
- 20:07Speaker 2: Nice, So that was pretty cool.
- 20:09Speaker 1: So that was a house fifty sixty four Greystone Way
- 20:12Speaker 1: and Graystone right on the eleventh hole or eleventh core,
- 20:17Speaker 1: eleventh whole of the course founders, And so we've had
- 20:23Speaker 1: good traction on that, and you know, i'd say, you know,
- 20:26Speaker 1: at this point, the market's healthy.
- 20:28Speaker 2: The market.
- 20:29Speaker 1: You know, if we're not getting showings right now, it's
- 20:32Speaker 1: probably because maybe we're a little bit overpriced. I mean,
- 20:34Speaker 1: that's kind of what the market tells me. But I
- 20:36Speaker 1: mean we've even had it to where I've gotten offers
- 20:39Speaker 1: on multiple houses and you know, we we just hadn't
- 20:43Speaker 1: come to an agreement. We couldn't get them either up
- 20:45Speaker 1: the sellers wouldn't come down right, And so then you've
- 20:49Speaker 1: got to make a qualified decision like, hey, is that
- 20:52Speaker 1: really going to be our best offer?
- 20:54Speaker 2: Is it going to be? You know, like where are
- 20:56Speaker 2: we at with things?
- 20:59Speaker 3: So?
- 20:59Speaker 1: Uh, but if you're sitting there listening to us, and
- 21:04Speaker 1: it's just like you know, I've got considering making a move,
- 21:08Speaker 1: like we'll tell you if we think it's going to
- 21:10Speaker 1: be a good option for your Yeah, everybody scenario is different,
- 21:16Speaker 1: and so you know, does it make the most sense
- 21:18Speaker 1: for you? It's hard to say, But what I can
- 21:21Speaker 1: tell you is like everything's looking pretty good on our ends, yep.
- 21:26Speaker 2: And I'm excited about this year.
- 21:27Speaker 3: Yeah. And part of those conversations are you know, are
- 21:29Speaker 3: we are we looking more and I say this word carefully,
- 21:34Speaker 3: you know, are you looking at it even though it's
- 21:36Speaker 3: for your family and your personal residence? Are you looking
- 21:38Speaker 3: at mores and like what the investment plans are for it?
- 21:41Speaker 3: Because then a lot of times we know what we
- 21:43Speaker 3: what we work on and want to do is show
- 21:45Speaker 3: people like, yes, you've got twenty percent to put down,
- 21:48Speaker 3: you've got thirty percent to put down, but let's you know,
- 21:51Speaker 3: how do you leverage that to make your money count
- 21:53Speaker 3: for you the most? And so you know, you see
- 21:56Speaker 3: people that are you know, sometimes make an emotional decision
- 21:58Speaker 3: on the house, which a lot of times I house
- 22:00Speaker 3: purchase is emotional, but it's also a business transaction in
- 22:04Speaker 3: a very large investment. So we tried to strip down
- 22:07Speaker 3: some of the emotional side of it and keep it.
- 22:09Speaker 3: We try to show you the best case for the
- 22:10Speaker 3: numbers and the emotional side you know, that's for you
- 22:12Speaker 3: and your whoever's with you and family and stuff to
- 22:15Speaker 3: talk out and work out. So you know, we will
- 22:17Speaker 3: try to make it where you get to make the
- 22:18Speaker 3: most informed decision and it kind of helped you on
- 22:21Speaker 3: the financial side of it. So real quick. On mortgage rates, yeah,
- 22:26Speaker 3: you know, mortgage rates were I mean all over the
- 22:29Speaker 3: place this past week. I mean we had some peaks,
- 22:30Speaker 3: we had some valleys, we had some good jobs reports
- 22:33Speaker 3: for bad jobs, reports for good for mortgage rates on Tuesday,
- 22:38Speaker 3: and then immediately the next day the Bureau Labor Statistics
- 22:40Speaker 3: came out with their wonky numbers, like everybody's showing slow down.
- 22:43Speaker 3: ADP was showing slow down, ROLLIO was showing slowdowns. Everything
- 22:46Speaker 3: was missing the mark. All of a sudden, BLS puts
- 22:48Speaker 3: their job reports out there and it was like one
- 22:50Speaker 3: hundred and thirty thousand job gains, and so market reacted weird.
- 22:54Speaker 3: We had a ten year treasure auction on Wednesday, so
- 22:56Speaker 3: the market went back the other way, and then Thursday
- 22:58Speaker 3: we went right back up and had everybody kind of
- 23:00Speaker 3: everybody realized those BLUs numbers were bull crap and kind
- 23:02Speaker 3: of market reacting went through.
- 23:04Speaker 2: So Bureau of Labor and Statistics, yes it is, and.
- 23:07Speaker 3: So anyways, it is all good. The rates continue to
- 23:11Speaker 3: kind of come down and we actually netted out while
- 23:12Speaker 3: we're a little down this week from where we have
- 23:14Speaker 3: been in the past. So you know, rates are still
- 23:17Speaker 3: hanging around that six percent range. We're getting some in
- 23:20Speaker 3: some fives, but the market's responding well and we think
- 23:23Speaker 3: rates are gonna keep coming down awesome.
- 23:26Speaker 1: Well, hey, for any of your real estate or mortgage needs,
- 23:28Speaker 1: go to Gustygouliscroup dot com or Bradsmithlons dot com. Thanks
- 23:32Speaker 1: again for joining us and we'll catch you next time.
- 23:35Speaker 3: Yeah, buddy,