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The 2026 Father's Day Broadcast · Bought Borrowed and Sold

• 0:00
  Speaker 1: Welcome to Bob bart and sold and Happy Father's Day
• 0:04
  Speaker 1: to everyone.
• 0:06
  Speaker 2: John Brad, Happy Father's Day to y'all.
• 0:08
  Speaker 3: Man, Happy Father's Day's everything going?
• 0:11
  Speaker 4: Uh?
• 0:11
  Speaker 3: You look good in to wake now? Yeah, got blasted
• 0:14
  Speaker 3: by the mic by the earphones. Sorry, so those are listening.
• 0:21
  Speaker 1: You know. We're in the iHeartMedia Radio studios and I'm
• 0:26
  Speaker 1: in I'm in JT's chair and evidently JT's hard of
• 0:31
  Speaker 1: hearing because I just put on his micrant phone and
• 0:34
  Speaker 1: his headset and I literally I think I just busted
• 0:37
  Speaker 1: an ear drum because of how loud his headset is.
• 0:41
  Speaker 3: I thought I thought I was gonna have to bring
• 0:43
  Speaker 3: us into this segment because I wasn't sure if you
• 0:45
  Speaker 3: were going to be able to recover.
• 0:47
  Speaker 1: We've known for a while, guys that that you know,
• 0:50
  Speaker 1: JT's been kind of, you know, hard of hearing, because
• 0:53
  Speaker 1: we talk about this kind of on a weekly basis,
• 0:55
  Speaker 1: at least before we come onto the show. But it
• 0:57
  Speaker 1: was so the the headset was so loud this morning
• 1:01
  Speaker 1: that I had to throw off the headset. It was
• 1:05
  Speaker 1: that loud. So oh my gosh, I mean, look, welcome
• 1:09
  Speaker 1: to bar. JT needs to sponsor.
• 1:12
  Speaker 2: Or.
• 1:12
  Speaker 1: There is a hearing aid company that needs to sponsor JT.
• 1:16
  Speaker 1: So get this man some hearing aids or something. He's
• 1:20
  Speaker 1: probably gonna be so mad at me. And once he
• 1:21
  Speaker 1: hears this.
• 1:22
  Speaker 3: But my Lord been to have a segment on me.
• 1:25
  Speaker 2: Yeah, he wants me be able to hear it hearing.
• 1:28
  Speaker 2: That's true. That that's very true.
• 1:29
  Speaker 3: Turn it out.
• 1:31
  Speaker 1: Anyways, Well, happy Father's Day everybody. You know, my my
• 1:35
  Speaker 1: oldest has been at camp all week. My youngest has
• 1:38
  Speaker 1: been in Gadsten hanging out with my in laws, and
• 1:43
  Speaker 1: We've had the whole week without kids, which has been
• 1:47
  Speaker 1: pretty awesome. And so I've been able to catch back
• 1:52
  Speaker 1: up on work and then so Father's Day I get
• 1:54
  Speaker 1: to see my kids again. Well, all right, I'm gonna enjoy.
• 1:59
  Speaker 3: Us to the store before. But like I think, I
• 2:01
  Speaker 3: remember my dad's birthdays in August now, I always remember
• 2:04
  Speaker 3: we'd go on little beach trips without my dad on
• 2:06
  Speaker 3: like Father's Day and around his birthday, and I thought, well,
• 2:09
  Speaker 3: Dad's all by himself. And then as I got older,
• 2:10
  Speaker 3: I realized the present was that we were all gone
• 2:12
  Speaker 3: and he could play golf, do his thing.
• 2:14
  Speaker 4: You know.
• 2:15
  Speaker 3: That was kind of He's like, hey, take the boys
• 2:16
  Speaker 3: and get them out of here and have a little
• 2:18
  Speaker 3: meat to Yeah, so it sounds like you got that
• 2:20
  Speaker 3: this week.
• 2:21
  Speaker 1: Yes, yes, so it's been good and yeah. So we
• 2:27
  Speaker 1: don't have any open houses today because we typically don't
• 2:29
  Speaker 1: do open houses on.
• 2:33
  Speaker 2: On Father's Day.
• 2:34
  Speaker 1: However, we do have one that I'll talk about when
• 2:37
  Speaker 1: we go through our new listings and price changes. Obviously,
• 2:40
  Speaker 1: there's a lot been going on in the real estate world.
• 2:43
  Speaker 2: We're going to talk.
• 2:44
  Speaker 1: About this in the next segment. But you know, peace
• 2:46
  Speaker 1: still has come to Fruition. Allegedly, there is a FED
• 2:52
  Speaker 1: meeting that happened this week that Brad's going to talk about.
• 2:56
  Speaker 1: And here's a fun one. Bet Bath and Beyond bought
• 2:59
  Speaker 1: a real estate brokerage.
• 3:01
  Speaker 2: What hell.
• 3:02
  Speaker 1: So there goes the Beyond parts. So that was pretty interesting.
• 3:05
  Speaker 1: So I don't know if we're gonna get to that,
• 3:07
  Speaker 1: but I thought that was pretty funny when that news
• 3:09
  Speaker 1: came down the pipeline. So, anyways, we got.
• 3:11
  Speaker 2: A lot going on. Let's get into our real estate game.
• 3:14
  Speaker 1: We'll talk about our new listings and we got some
• 3:16
  Speaker 1: price changes all that fun stuff. So Brad Smith was
• 3:18
  Speaker 1: Cross Country Mortgage bradsmithlans dot com. Hey talk about the game.
• 3:23
  Speaker 1: The rules of the game.
• 3:25
  Speaker 3: Yes, and the rules of the game. Gussie can go
• 3:27
  Speaker 3: over their new listings they've got. He's gonna go through
• 3:29
  Speaker 3: some of the cool properties and key features of each one.
• 3:31
  Speaker 3: But what I'm waiting for, what I need is the
• 3:33
  Speaker 3: purchase price of the home, and then I will give
• 3:37
  Speaker 3: a down payment that a bar may make, and then
• 3:38
  Speaker 3: Gusty and John will take rotating guesses at the thirty
• 3:44
  Speaker 3: or fixed principal interest monthly payment. Okay, let's get it on, Okay.
• 3:49
  Speaker 2: All right.
• 3:50
  Speaker 1: Our first new listing of the week is in the
• 3:53
  Speaker 1: Hueytown area one three Concord Highland. This one is a
• 3:58
  Speaker 1: three bedroom, one bath home one thousand and three square
• 4:01
  Speaker 1: feet and it's on point six of an acre, so
• 4:04
  Speaker 1: over half an acre lot. It's got a one car garage.
• 4:07
  Speaker 1: We are asking one hundred and thirty nine thousand, one
• 4:10
  Speaker 1: hundred and thirty nine thousand for this and this listing
• 4:14
  Speaker 1: is courtesy of Tim Lance. So Tim, congratulations on your
• 4:17
  Speaker 1: new listing.
• 4:18
  Speaker 3: All right, one thirty nine to ten percent down for
• 4:20
  Speaker 3: Father's Day. We're doing even ten percent on every one
• 4:23
  Speaker 3: of these now, okay, making it easy peasy, all right?
• 4:27
  Speaker 1: Percent Okay, I am gonna give with.
• 4:38
  Speaker 2: Let's go.
• 4:40
  Speaker 1: Eight hundred and sixty four dollars.
• 4:49
  Speaker 2: I'm thinking seven seventy.
• 4:51
  Speaker 3: The actual payment was seven hundred and ninety one dollars.
• 4:55
  Speaker 3: John Mouns gets round one and I can feel it coming.
• 4:58
  Speaker 2: All right, you're well.
• 5:03
  Speaker 3: You'll see how my tone changes when John gets one, especially.
• 5:06
  Speaker 2: Real excited guys.
• 5:07
  Speaker 3: It never happens all right or early. You know, now
• 5:09
  Speaker 3: we got to put you know now, now we know
• 5:10
  Speaker 3: we got something cooking.
• 5:11
  Speaker 1: Hey, this one is going to be open today from
• 5:14
  Speaker 1: eleven to one. Okay, It's sixty one oh nine Lakeside Drive.
• 5:19
  Speaker 1: This is in the Dorset Woods neighborhood of Mount Olive.
• 5:23
  Speaker 1: This home is a full brick home built in two
• 5:25
  Speaker 1: thousand and five. It's on almost an acre lot point
• 5:28
  Speaker 1: seventy nine. Features four bedrooms in three and a half
• 5:31
  Speaker 1: baths twenty two hundred and four square feet in the
• 5:34
  Speaker 1: main two levels. It's got another three hundred approximate three
• 5:38
  Speaker 1: hundred and seventy five square feet finished in the basement.
• 5:40
  Speaker 1: There's a basement den. There's also another area that could
• 5:44
  Speaker 1: either be an office, bonus room, workout room, whatever you want.
• 5:48
  Speaker 1: It's got a screen porch, in the back fence yard
• 5:51
  Speaker 1: and an exterior fireplace. Does mention, Hey, updated kitchen, updated
• 5:56
  Speaker 1: master bath, that's awesome. So there you go, sixty one
• 5:59
  Speaker 1: or nine like side your four hundred and seventy five
• 6:01
  Speaker 1: thousand dollars.
• 6:02
  Speaker 3: Four seventy five. Again, we're gonna stick with ten percent down, John,
• 6:06
  Speaker 3: ten percent down, you get to go first.
• 6:10
  Speaker 4: Okay, A gosh, so this is gonna be three times
• 6:15
  Speaker 4: more than the last one.
• 6:17
  Speaker 2: So I'm just gonna go, I don't know, twenty twenty three.
• 6:21
  Speaker 1: Hundred, ten percent down. I'm gonna say twenty seven hundred.
• 6:41
  Speaker 3: The actual payment was two thousand, seven hundred and two dollars.
• 6:45
  Speaker 2: Whoa, let's dot dollars.
• 6:48
  Speaker 3: Gusty gets round two. Come on with it, he said,
• 6:52
  Speaker 3: I'm not I'm not having this. I'm not having it.
• 6:54
  Speaker 2: Not today.
• 6:58
  Speaker 1: We've got a new listing in ross Bridge and the
• 6:59
  Speaker 1: saw or Trill neighborhood. Have you ever been over there, Bron, Yeah,
• 7:03
  Speaker 1: I think so. It's you know, off of Rossbridge Parkway,
• 7:06
  Speaker 1: and it's got like its own little resort pool. They
• 7:10
  Speaker 1: got like resort pools over there Rossbridge. They've they've did
• 7:13
  Speaker 1: it up nice. They've got even a grilling area they've
• 7:17
  Speaker 1: got like those green eggs or Kimona Joe's hanging out.
• 7:22
  Speaker 1: They got like a little clubhouse, a little exercise room.
• 7:25
  Speaker 1: They got playgrounds over there.
• 7:27
  Speaker 3: I mean it's nice.
• 7:28
  Speaker 2: Pretty neat.
• 7:29
  Speaker 1: So we've got a house on thirty two seventeen, saw
• 7:32
  Speaker 1: your drive. So not only are you buying a nice house,
• 7:34
  Speaker 1: you're buying into a pretty sweet community. Yeah, thirty two
• 7:38
  Speaker 1: to seventeen, saw your drive. This was built in twenty
• 7:40
  Speaker 1: seventeen by Signature Homes, four bedrooms and three baths, twenty
• 7:44
  Speaker 1: three hundred and sixty four square feet, and we were
• 7:46
  Speaker 1: asking five hundred and fifteen thousand dollars and one to
• 7:49
  Speaker 1: touch on a couple of things like you got quartz
• 7:51
  Speaker 1: countertops in the kitchen. It's got an upstairs den. They've
• 7:55
  Speaker 1: got a flagstone patio in the back fence yard, two
• 7:59
  Speaker 1: cargo rocks. I mean, how much five hundred and fifteen thousand,
• 8:03
  Speaker 1: let's go, you know, why not?
• 8:06
  Speaker 3: All right? Five hundred and fifteen thousand, ten percent down,
• 8:09
  Speaker 3: ten percent down, Okay, we're back to gusty. It's one
• 8:13
  Speaker 3: to one.
• 8:15
  Speaker 1: Ten percent down and five fifteen.
• 8:25
  Speaker 2: I'm gonna go with.
• 8:27
  Speaker 1: Three thousand and forty three dollars I'm doing. I'm doing
• 8:33
  Speaker 1: really random numbers. I didn't know the last one.
• 8:37
  Speaker 3: Though, and it cost you could have been exact.
• 8:42
  Speaker 4: Uh, I'm thinking two thousand, nine hundred and ninety nine dollars.
• 8:50
  Speaker 3: It was actually two thousand, nine hundred and twenty nine dollars.
• 8:54
  Speaker 3: So John gets round two, get laid back, and here
• 8:58
  Speaker 3: we go.
• 8:59
  Speaker 1: Oh oh man, how many more of these we have?
• 9:03
  Speaker 4: Oh?
• 9:03
  Speaker 3: We got two more?
• 9:04
  Speaker 1: All right next to you listening is an Inverness in
• 9:07
  Speaker 1: the carry Doowns sector of Inverness. Thirty two hundred Rob
• 9:12
  Speaker 1: roy Lane. I wonder who old Rob roy is. Drink
• 9:17
  Speaker 1: you know, I'm not sure here google it when you're
• 9:21
  Speaker 1: you know, not dealing with all the buttons stuff there though,
• 9:23
  Speaker 1: Roy Rogers, Yeah, drink thirty thirty two hundred Rob roy Lane.
• 9:28
  Speaker 1: This is in Shelby County in the Inverness area, on
• 9:31
  Speaker 1: three courts or excuse me, a third of an acre lot.
• 9:34
  Speaker 1: Built in nineteen seventy four. This one is five bedrooms,
• 9:37
  Speaker 1: four basts, twenty three hundred and seventy five square feet
• 9:40
  Speaker 1: on the main level, sixteen hundred and twenty five square
• 9:43
  Speaker 1: feet finished in the basement. It's got a two car garage,
• 9:46
  Speaker 1: and we are asking six hundred and eighteen thousand dollars.
• 9:51
  Speaker 1: I love this area because you know you've got Inverness
• 9:54
  Speaker 1: golf course, which is real nice. And think about like,
• 9:57
  Speaker 1: oh you got views of the golf course. I mean,
• 10:00
  Speaker 1: why not so have like a cool house for six
• 10:04
  Speaker 1: hundred and eighteen thousand in the Oak Mountain School district
• 10:07
  Speaker 1: down on the golf course.
• 10:08
  Speaker 3: Yeah, it centrally located, but kind of got your own stuff.
• 10:10
  Speaker 3: It's nice, all right, six eighteen again, sticking with the
• 10:13
  Speaker 3: trend today, John, sticking with ten percent down, So six eighteen,
• 10:17
  Speaker 3: ten percent down.
• 10:20
  Speaker 4: Uh, let's go with six eighteen mm hmmm, thirty two
• 10:29
  Speaker 4: hundred dollars.
• 10:38
  Speaker 1: Mm hmm. Okay, hmmm, I'm gonna go with uh a Millan.
• 10:54
  Speaker 1: He's got me on my toes over here.
• 10:56
  Speaker 3: I don't want it to end here. No, I really
• 10:58
  Speaker 3: don't want to see game five.
• 11:03
  Speaker 2: Okay, what do you say?
• 11:08
  Speaker 3: He said thirty two hundred?
• 11:11
  Speaker 1: Imist say thirty four hundred.
• 11:12
  Speaker 3: It was thirty five fifteen. Gusty gets around four. It
• 11:16
  Speaker 3: is two to two going into our last property, and
• 11:20
  Speaker 3: we have a rubber match.
• 11:22
  Speaker 2: That listing was courtesy of t J Cunningham.
• 11:24
  Speaker 3: By the way, so so worried about getting the game
• 11:26
  Speaker 3: right now, I.
• 11:27
  Speaker 1: Got getting nervous over here, close right, yeah, all right.
• 11:31
  Speaker 1: So this is on one of my favorite streets in
• 11:33
  Speaker 1: all of Birmingham, nine thirty eight Conroy Road in Forest Park.
• 11:38
  Speaker 1: This is built in nineteen thirty two and it's five bedrooms,
• 11:43
  Speaker 1: three and a half pass, thirty two hundred and nineteen
• 11:46
  Speaker 1: square feet on the main two levels, eight hundred and
• 11:48
  Speaker 1: fifty three square feet finished in the basement, and nine
• 11:54
  Speaker 1: hundred and fifty thousand dollars nine hundred and fifty thousand dollars.
• 11:58
  Speaker 2: I mean, we're you gonna that much square.
• 12:00
  Speaker 1: Footage on a historic home in one of the most
• 12:06
  Speaker 1: historic neighborhoods that is in Birmingham, and some you know,
• 12:11
  Speaker 1: we don't.
• 12:12
  Speaker 2: And I love Conroy.
• 12:13
  Speaker 1: If you've never never driven on Conroy, you go down
• 12:17
  Speaker 1: you know, University Boulevard. University Boulevard basically turns into was
• 12:22
  Speaker 1: that Clairemont, and then off of Claremont is Conroy, just
• 12:26
  Speaker 1: like right off.
• 12:27
  Speaker 2: And just a beautiful street.
• 12:29
  Speaker 1: We've sold some houses on Conroy before, and we were
• 12:32
  Speaker 1: so excited about nine thirty eight Conroy, nine hundred and
• 12:34
  Speaker 1: fifty thousand. This listing is courtesy of Kyle Bedgoods. So, Kyle,
• 12:37
  Speaker 1: congratulations on your new listing.
• 12:39
  Speaker 3: Nine to fifty. Yeah, Gusty, it's back to you. Ten
• 12:43
  Speaker 3: percent down for all the marbles, and my chair's perfect.
• 12:50
  Speaker 3: So I just had a moment like Gusty had earlier,
• 12:53
  Speaker 3: turned my chair and my volume went way up. I
• 12:57
  Speaker 3: was like, what's going on.
• 13:01
  Speaker 2: You're distracting gate Gusty. He's trying to trying to focus.
• 13:05
  Speaker 3: I'm trying to distract.
• 13:09
  Speaker 1: I'm gonna go with fifty five hundred.
• 13:16
  Speaker 4: This.
• 13:17
  Speaker 2: I'm way out of my league on this one. Who
• 13:18
  Speaker 2: I have no idea?
• 13:19
  Speaker 4: Take your time, No, no, no, I'm let's go.
• 13:24
  Speaker 2: Let's let's go. Let's go fifty two to fifty.
• 13:26
  Speaker 3: Two, fifty two fifty two. The actual payment was five thousand,
• 13:35
  Speaker 3: four hundred and four dollars. Gusty gets it. It was
• 13:38
  Speaker 3: almost right in the middle. Gusty gets it. Today Father's
• 13:42
  Speaker 3: Day Edition three two, Gusty retains the top.
• 13:46
  Speaker 1: Baby. All right, hey, I've got a couple of homes
• 13:49
  Speaker 1: that are gonna be coming up. I've got one three
• 13:52
  Speaker 1: twenty Kenilworth Drive and Homewood. This is in the Edgewood
• 13:55
  Speaker 1: Neighborhood for seven ninety nine, three bedrooms, two baths, seventeen
• 13:58
  Speaker 1: hundred and sixty three were feet with an updated kitchen,
• 14:01
  Speaker 1: fence yard, all that fun stuff. I've got some price changes.
• 14:04
  Speaker 1: Thirteen oh nine Morning Sun Circle. It's in the Horizon
• 14:07
  Speaker 1: Condos community off a highway to eighty. We've got a
• 14:10
  Speaker 1: two bedroom, two bath condo for one hundred and seventy five.
• 14:13
  Speaker 1: I've got a three bedroom, two bath, updated bungalow in
• 14:17
  Speaker 1: Mount Olive for two hundred and fifty thousand. That's thirty
• 14:21
  Speaker 1: ninety three Mount Olive Road on an acre lot. I
• 14:24
  Speaker 1: love a good bungalow, good bungalow. Hey, we've got a
• 14:27
  Speaker 1: bungalo You got a price change. It's got a nice
• 14:30
  Speaker 1: covered front porch. That's the start. Fourteen fifty four Falling
• 14:35
  Speaker 1: Rock Circle in Alabaster. We've got a new price of
• 14:38
  Speaker 1: three thirty nine nine four bedrooms, two and a half baths.
• 14:41
  Speaker 1: And then we've got a new price on We've got
• 14:44
  Speaker 1: a home at five fifty six Martin Lane and Helena.
• 14:47
  Speaker 1: This one's super cool. New price of one point twenty
• 14:49
  Speaker 1: five million. It's a five to three with on thirteen
• 14:53
  Speaker 1: acres and part of the acreage is this cool pond.
• 14:57
  Speaker 1: It's also got like an area that a horse barn
• 15:00
  Speaker 1: can be kind of updated renovated, but a super cool
• 15:04
  Speaker 1: house thirteen hundred square feet finish in the basement. So yeah,
• 15:08
  Speaker 1: we got we've got a bunch going on. I've got
• 15:11
  Speaker 1: a couple of buyer needs. We've got somebody looking for
• 15:13
  Speaker 1: a three to two under one hundred and twenty thousand
• 15:15
  Speaker 1: in the Greater Birmingham area. We've got somebody looking in
• 15:18
  Speaker 1: Leeds Moody or pel City up to one hundred and fifty.
• 15:21
  Speaker 1: We've got somebody looking at town Home and Cabba Heights
• 15:24
  Speaker 1: or Vestavia for three hundred thousand. And then we've also
• 15:27
  Speaker 1: we're still looking in Griffin Park, Eagle Point, We're looking
• 15:31
  Speaker 1: in Bluff Park, We're looking in Homewood. We've got people
• 15:36
  Speaker 1: kind of looking all over the place. Also, if you
• 15:40
  Speaker 1: have a home that needs a lot of renovations and
• 15:43
  Speaker 1: repairs and you're looking to sell to an investor, give
• 15:46
  Speaker 1: us a call. We have we can help you there too,
• 15:48
  Speaker 1: two five five four to two nineteen ninety six, or
• 15:51
  Speaker 1: go to Gustygoulisgroup dot com. Hey, guess what time it is?
• 15:56
  Speaker 2: That's right, it's that simonial time. All right.
• 16:00
  Speaker 1: We got two today. The first one is from Tyler.
• 16:03
  Speaker 1: When it comes to buying and selling your home, it
• 16:06
  Speaker 1: can be stressful and intimidating for some people, but having
• 16:09
  Speaker 1: Rillywood as my agent was the best experience I could
• 16:12
  Speaker 1: have hoped for. From the very first day to my
• 16:14
  Speaker 1: closing date, Riley was very knowledgeable, professional, and very easy
• 16:18
  Speaker 1: to communicate with throughout the process of selling my old
• 16:21
  Speaker 1: home to buying my new home. I would definitely recommend
• 16:24
  Speaker 1: Riley to my family and friends for any future needs.
• 16:27
  Speaker 1: So Tyler, congratulations on buying and selling a home. And
• 16:31
  Speaker 1: Raleigh congratulations.
• 16:32
  Speaker 2: On another five star review.
• 16:36
  Speaker 1: And last, but not least, today we've got Hunter and
• 16:39
  Speaker 1: says Hunter. Says, Jonathan helped us make sure we got
• 16:42
  Speaker 1: the home we wanted in a competitive situation. There's still
• 16:45
  Speaker 1: some of those competitive situations out there. His knowledge of
• 16:48
  Speaker 1: the market and guidance gave us a leg up and
• 16:50
  Speaker 1: we got the house we needed and wanted for our family.
• 16:52
  Speaker 1: So Hunter, congratulations on your new home. And Jonathan, congratulations.
• 16:56
  Speaker 3: On another five star review.
• 17:01
  Speaker 1: All Right, we like them five star reviews, y'all, Yeah, buddy,
• 17:04
  Speaker 1: all right, Hey, we're gonna we're gonna go to break y'all.
• 17:06
  Speaker 2: Stay tuned.
• 17:07
  Speaker 1: We're gonna talk about what we're seeing in the market,
• 17:09
  Speaker 1: interst rates, all that kind of stuff right here and bought,
• 17:11
  Speaker 1: butter sold.
• 17:12
  Speaker 2: Stay tuned.
• 17:15
  Speaker 1: Welcome back on this Father's Day to a bot bared
• 17:18
  Speaker 1: and sold again. Happy Father's Day, everybody. We've got all
• 17:22
  Speaker 1: dads in here in the studio. Brad Smith, Cross Country Mortgage.
• 17:26
  Speaker 1: It's been a busy week, my friend man so busy, busy,
• 17:30
  Speaker 1: hey with with Iran war over allegedly, we got a
• 17:35
  Speaker 1: peace deal. We've got new FED minutes and a report
• 17:39
  Speaker 1: that came out this week. I feel good news on
• 17:42
  Speaker 1: the interest rates coming down what we got.
• 17:44
  Speaker 3: Yeah, so so rates are down about a tenth of
• 17:48
  Speaker 3: a percent from from last week.
• 17:50
  Speaker 2: All right, so that's better.
• 17:52
  Speaker 3: We're coming the right way. Okay, So let's so let's
• 17:54
  Speaker 3: digest a little bit of that. So we've had, we've had.
• 17:57
  Speaker 3: It was getting bat it's come down a little bit.
• 17:59
  Speaker 3: It kept its trickling back down, kind of expecting some
• 18:03
  Speaker 3: decent news, but it wasn't doing a ton of moving.
• 18:06
  Speaker 3: Just because we knew the FED meeting was coming, it
• 18:08
  Speaker 3: was going to be Worsh's kind of big, you know,
• 18:11
  Speaker 3: press conference coming out from his his big meeting and
• 18:15
  Speaker 3: being the new FED chair and everything else since from
• 18:17
  Speaker 3: May and uh so, basically what happened was they did
• 18:24
  Speaker 3: not move rates down. The market kind of expected that,
• 18:27
  Speaker 3: but also just Warshes was a little more guarded with
• 18:29
  Speaker 3: his comments, knowing that you know what, like we've talked
• 18:31
  Speaker 3: about on this show multiple times when when Piwell would talk,
• 18:34
  Speaker 3: every adjective, adverb, everything was dissected and markets reacted according
• 18:39
  Speaker 3: to the tone of that. Well, his tone was very
• 18:42
  Speaker 3: flat line was kind of what the way it was
• 18:45
  Speaker 3: interpreted as far as it wasn't. It was very guarded
• 18:48
  Speaker 3: on what they see to happen to how we're going
• 18:50
  Speaker 3: to move forward, and so the markets reacted a little
• 18:53
  Speaker 3: negatively to that, to that response, just just being like, well,
• 18:56
  Speaker 3: we don't really know what they what they're thinking, so
• 18:58
  Speaker 3: we better build a little cushion. Part of it is
• 19:01
  Speaker 3: the inflation looks a little higher because of mainly because
• 19:08
  Speaker 3: of the oil and transportation costs. Because everything's felt it
• 19:11
  Speaker 3: in every it's you know, it trickles down through every
• 19:13
  Speaker 3: industry that that you spend money on any kind of good,
• 19:16
  Speaker 3: So it's made it look more inflationary. But a lot
• 19:20
  Speaker 3: of the things that FED doesn't take into acount is
• 19:22
  Speaker 3: how did average savings drop, how did a credit utilization
• 19:26
  Speaker 3: get optimized or used in some of these things. So
• 19:28
  Speaker 3: like a lot of these things like how are people
• 19:31
  Speaker 3: compensating for these increases? And so that makes it a
• 19:35
  Speaker 3: little bit nervous on the inflation side, so that they're
• 19:37
  Speaker 3: not wanting to jump the gun in lower rates with
• 19:40
  Speaker 3: all the oil uncertainties and everything else. The piece deal
• 19:44
  Speaker 3: is signed up by our part, and you know, the
• 19:49
  Speaker 3: only that's gonna be interesting is and the X factor
• 19:52
  Speaker 3: there and seeing you know, I think time will tell.
• 19:56
  Speaker 3: But over the next couple of weeks, do we have
• 19:58
  Speaker 3: any residual fall out over there that we're not involved
• 20:01
  Speaker 3: in that could still cause problems for fuel and oil prices.
• 20:04
  Speaker 3: So that's the short term. You know, Once we get
• 20:08
  Speaker 3: through that, I feel pretty confident we're going to get
• 20:11
  Speaker 3: back you know, if we're gonna get back down two
• 20:13
  Speaker 3: decent levels, we'll start getting better inflation numbers by end
• 20:17
  Speaker 3: of the summer. And then this I feel like every year,
• 20:20
  Speaker 3: I thought, this is now going to be the third
• 20:22
  Speaker 3: year where I start circling that September date, that September
• 20:25
  Speaker 3: FED meeting, because it just feels like that's going to
• 20:27
  Speaker 3: be the one that's going to kind of dictate how
• 20:29
  Speaker 3: we go out of the year and how we come
• 20:30
  Speaker 3: back in twenty twenty seven. And because again that you know,
• 20:35
  Speaker 3: they didn't do anything this time. Let's just say over
• 20:38
  Speaker 3: the next thirty forty days, all the straight or from
• 20:41
  Speaker 3: US and all the all the petroleum and oil prices
• 20:43
  Speaker 3: level out. Then you know, then we've got to get
• 20:48
  Speaker 3: the trailing data and all the goods that are already
• 20:51
  Speaker 3: marked up and have already got that cost into it.
• 20:53
  Speaker 3: So I mean, you've got two or three months before
• 20:56
  Speaker 3: the fuel price is kind of levelized and us kind
• 20:58
  Speaker 3: of get a better idea of where we really are
• 20:59
  Speaker 3: on it inflation. So I could see that getting kicked
• 21:01
  Speaker 3: to September or October, and then that's when we see, okay,
• 21:05
  Speaker 3: we're behind. We should have already lowered it. We didn't
• 21:08
  Speaker 3: know with what was going on in Iran, and so
• 21:10
  Speaker 3: now we're gonna do a big one, you know, and
• 21:12
  Speaker 3: then and then everything kind of trickle from there, or
• 21:15
  Speaker 3: it doesn't do that and we go, hey, everything's leveled off.
• 21:19
  Speaker 3: And inflation is still kind of going faster than we
• 21:21
  Speaker 3: want it to go. So you know, we're not going
• 21:23
  Speaker 3: to do anything. But I think that's going to tell
• 21:25
  Speaker 3: the telltale sign. And you know, I can't fault them
• 21:29
  Speaker 3: for not wanting to make a big move this past
• 21:30
  Speaker 3: week on anything, just because I wouldn't know what to
• 21:33
  Speaker 3: do either.
• 21:33
  Speaker 1: Yeah, I agree, I'm not surprised at all that they
• 21:36
  Speaker 1: didn't change change that up. But I mean I think
• 21:39
  Speaker 1: everybody's kind of had in the back of their mind that,
• 21:41
  Speaker 1: you know, as much as we talk about it, we
• 21:43
  Speaker 1: kind of figured all right, once the once the agreement's
• 21:46
  Speaker 1: been made, then with war coming down, with war, with
• 21:50
  Speaker 1: oil coming down, then we see everything.
• 21:54
  Speaker 3: And we are and we are And markets were closed Friday,
• 21:56
  Speaker 3: so we didn't don't have a huge pick, We didn't
• 21:59
  Speaker 3: get a huge reaction back into the week, So, like
• 22:01
  Speaker 3: you know, Mondays are always a little weird depending on
• 22:04
  Speaker 3: what all kind of comes out. But you know, we'll
• 22:06
  Speaker 3: start seeing early this week kind of what the real
• 22:09
  Speaker 3: reaction and kind of what the technicals once people have
• 22:11
  Speaker 3: time to digest all the information and really know like
• 22:14
  Speaker 3: what the markets are doing from all this. Yeah, you know,
• 22:17
  Speaker 3: I think we'll start seeing a little bit more leef
• 22:19
  Speaker 3: on the early in the middle of this week, hopefully
• 22:21
  Speaker 3: fingers crossed. So hopefully next Sunday when we're doing this,
• 22:25
  Speaker 3: I'll have a better report. And we've even made some
• 22:28
  Speaker 3: more moves.
• 22:28
  Speaker 2: There you go, there you go.
• 22:29
  Speaker 1: Well, what we've been seeing in the market, I mean
• 22:32
  Speaker 1: we still we're still putting deals under contract every week.
• 22:36
  Speaker 1: Had a big listing this week, big listing week this week.
• 22:40
  Speaker 1: We've got more listings coming up next week. I mean,
• 22:43
  Speaker 1: we've got we've got stuff coming in the Trustful area.
• 22:46
  Speaker 1: We've got stuff just like you know, getting ready to
• 22:49
  Speaker 1: come to market just right around see it. Yeah, I
• 22:52
  Speaker 1: mean so there's activity. Yes, and you know, I say
• 22:56
  Speaker 1: we're up this year. I think we're up like thirteen percent, Yeah,
• 23:00
  Speaker 1: which is great. So you know, I can you know,
• 23:05
  Speaker 1: kind of continue to you know, be on the radio.
• 23:09
  Speaker 3: Yeah, for sure. I thought you got to coming soon
• 23:11
  Speaker 3: coming up. I saw somebody there they're working on getting
• 23:14
  Speaker 3: their house ready. I think you get it coming soon
• 23:16
  Speaker 3: up over kind of off of.
• 23:17
  Speaker 1: Off of we've got Rosalind Edgewood, We've got the album,
• 23:21
  Speaker 1: We've got Trustful. I mean, we're working on a bunch
• 23:24
  Speaker 1: of stuff Birmingham. I mean, we're working on a bunch
• 23:27
  Speaker 1: of stuff, and Hoover is.
• 23:30
  Speaker 2: About to come up. I mean, you know everywhere.
• 23:34
  Speaker 1: Yeah, I just you know, I think with everything that's
• 23:37
  Speaker 1: been going on, what you really need to do is,
• 23:40
  Speaker 1: like if you were interested in maybe making a move
• 23:43
  Speaker 1: or selling a property, you just need to reach out
• 23:47
  Speaker 1: to the experts at Gustygoulis Group. Go to two O
• 23:50
  Speaker 1: five five or call two five five four to two
• 23:52
  Speaker 1: nineteen ninety six, or go to Gustygoulisgroup dot com. By
• 23:55
  Speaker 1: the way, we've got like nine hundred plus reviews boom.
• 23:58
  Speaker 1: So I mean, and hopefully you listen to us every week.
• 24:01
  Speaker 1: So yeah, there you go, I hope so, Brad, thanks
• 24:03
  Speaker 1: for joining us each and every week. Of course, go
• 24:05
  Speaker 1: get pre qualified brassmithlones dot com, Gustyegilsgroup dot com.
• 24:08
  Speaker 2: See you next time. Happy Fursday. Bye,