Latest / Bought Borrowed and Sold / Its cold outside, but the market is RED HOT!

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Its cold outside, but the market is RED HOT! · Bought Borrowed and Sold

• 0:00
  Speaker 1: All right, each and every week we are getting closer
• 0:04
  Speaker 1: to our selling season.
• 0:06
  Speaker 2: But I'll tell you what.
• 0:10
  Speaker 1: I think, you know, for for some of these uh,
• 0:12
  Speaker 1: some of these price points, I think we might already
• 0:14
  Speaker 1: be in there.
• 0:15
  Speaker 2: I think we're in it. I think we're in it.
• 0:17
  Speaker 1: Oh man, Hey, it's Gusty Goulas. Thanks so much for
• 0:20
  Speaker 1: joining Bolt Bart and sold got in the studio with us.
• 0:23
  Speaker 1: Brad Smith with Cross Country Mortgage, and John Mounts with iHeart.
• 0:28
  Speaker 1: How's everybody doing.
• 0:29
  Speaker 2: I'm good.
• 0:29
  Speaker 1: You know you're doing. Yeah, you're doing very good, very good.
• 0:34
  Speaker 1: All right, I know, look, super Bowls this afternoon, this evening. Ever,
• 0:38
  Speaker 1: who you picking? You got the Seahawks of the Patriots.
• 0:41
  Speaker 2: I gotta go Seahawks if you're I mean, I'm not
• 0:43
  Speaker 2: saying at Seahawks.
• 0:44
  Speaker 1: Okay, Brad's going to Seahawks. John, if I want to
• 0:47
  Speaker 1: win by Patriots, oh, if you want to win.
• 0:53
  Speaker 3: I mean, so, I'm just saying I like to see Hawks.
• 0:55
  Speaker 3: But okay, Patriots have won more of these than.
• 0:59
  Speaker 1: Well yeah, yeah, they don't have Belichick though, or Tom
• 1:02
  Speaker 1: Brady or Tom Brady. Hey, they got Drake May. But
• 1:06
  Speaker 1: I'm gonna go with the Seahawks. I love a good underdog,
• 1:12
  Speaker 1: and I don't think they're actually the underdog in this scenario,
• 1:15
  Speaker 1: but I love that they've never been there before, and
• 1:18
  Speaker 1: I love seeing how like they want it they have.
• 1:21
  Speaker 2: You know, they beat them, they beat it, they win.
• 1:23
  Speaker 2: So they wont it with Pete Carroll and Russell Wilson
• 1:27
  Speaker 2: one year or maybe even two, and they lost it
• 1:29
  Speaker 2: in the end.
• 1:30
  Speaker 1: Of the Super Bowl.
• 1:31
  Speaker 2: Yeah, and then they and then they lost it to
• 1:33
  Speaker 2: the Patriot. Remember the last time they were there, Yeah,
• 1:35
  Speaker 2: the last time they were there. The last time they
• 1:37
  Speaker 2: were there, Russell Wilson's an interception at the end, and
• 1:39
  Speaker 2: they were upset that Marshaun Lentz didn't just run it in.
• 1:42
  Speaker 2: But but before that they had won it. I think
• 1:43
  Speaker 2: Russell Wilson won one or two Seahawks with Pete Carroll.
• 1:46
  Speaker 1: No, yeah, they they won it in twenty fourteen and lost.
• 1:50
  Speaker 2: It in twenty fifteen against the Patriots.
• 1:52
  Speaker 1: I guess I forgot, holy.
• 1:54
  Speaker 2: Cow, not to not to not to step on a
• 1:56
  Speaker 2: good a good, a good story.
• 1:58
  Speaker 1: But I'm glad you did.
• 1:59
  Speaker 3: I don't actually follow NFL football, so not all right,
• 2:03
  Speaker 3: that's a good brain fart.
• 2:04
  Speaker 2: And then when the Patriots intercepted it against Russell Wilson
• 2:07
  Speaker 2: the next year in twenty I guess maybe it's twenty fifteen.
• 2:10
  Speaker 2: The Butler dB was from West Alabama.
• 2:13
  Speaker 1: There you go.
• 2:13
  Speaker 2: I'm going for Seattle. I am too, and I think
• 2:16
  Speaker 2: I like the story. It's the first year head coach.
• 2:20
  Speaker 2: I like the the Sam Darnold thing where he's been
• 2:23
  Speaker 2: bounced around and they've they've basically told me he wasn't
• 2:26
  Speaker 2: good enough. After now he's gone, so they want it more.
• 2:28
  Speaker 2: He's what you're saying. Yeah, but I mean they're also
• 2:30
  Speaker 2: just I mean, if you've watched you since you don't,
• 2:32
  Speaker 2: if you've watched them, they're the best team in the
• 2:34
  Speaker 2: in the NFL this year. They're they're dominant on both sides.
• 2:37
  Speaker 3: I mean, you don't get there this far along being no.
• 2:40
  Speaker 2: But I mean Varabel has done a really good job
• 2:42
  Speaker 2: with the Patriots and their defense as humming. So it's
• 2:43
  Speaker 2: gonna I think it's gonna be a really good game.
• 2:45
  Speaker 1: Yeah. Well, speaking of championships, you know we're going for
• 2:48
  Speaker 1: you know, our next championships in real estate?
• 2:53
  Speaker 2: Nice pivot?
• 2:54
  Speaker 1: Thank you? Do you like that?
• 2:55
  Speaker 2: That's good?
• 2:55
  Speaker 1: We've been number one. Hey, by the way, we've been
• 2:58
  Speaker 1: number one in home sold as a team for I
• 3:02
  Speaker 1: don't know how long, maybe since twenty twelve. It's been
• 3:04
  Speaker 1: a while.
• 3:05
  Speaker 3: Is there a super Bowl of real estate?
• 3:07
  Speaker 1: You know? Well, there is a list called the Real
• 3:10
  Speaker 1: Trends like Top Teams list, and we've been on that,
• 3:14
  Speaker 1: you know, for a long time, And so I would
• 3:16
  Speaker 1: say that's kind of our super Bowl list is They're
• 3:18
  Speaker 1: not like a playoffs though, where you like, no, no, Unfortunately.
• 3:21
  Speaker 2: I don't know how you ever had the biggest August.
• 3:23
  Speaker 2: You had it each month, you know, whoever's the biggest
• 3:25
  Speaker 2: January gets to move on to February, and February gets
• 3:27
  Speaker 2: to move on to Mars, and whoever's left by.
• 3:29
  Speaker 1: That's right October. So if you'd like to be a
• 3:33
  Speaker 1: part of our you know, consecutive championship season, we would
• 3:38
  Speaker 1: love to work with you this year in twenty twenty six.
• 3:40
  Speaker 2: Well, and it's not an accident, no, I mean, so,
• 3:43
  Speaker 2: I mean, I'll throw that in there for y'all too.
• 3:44
  Speaker 2: I mean, that's that's dedication, hard work, and a lot
• 3:47
  Speaker 2: of a lot of good customer feedback and reviews and
• 3:50
  Speaker 2: referrals that that me and y'all are doing a good job.
• 3:53
  Speaker 2: It doesn't happen just because you go on the radio,
• 3:56
  Speaker 2: you know what Sunday Mornings.
• 3:57
  Speaker 1: I had a question here recently, and I want to
• 3:59
  Speaker 1: kind of just you know, share with people out the
• 4:01
  Speaker 1: the how far we go out in our market. So
• 4:06
  Speaker 1: we typically work a forty five mile radius of downtown Birmingham.
• 4:09
  Speaker 1: So typically we go as north as Warrior, we go
• 4:12
  Speaker 1: as south as Clinton, we go as east as like
• 4:16
  Speaker 1: pill City. Sometimes we'll do some stuff in Lincoln and
• 4:19
  Speaker 1: then we'll go as west as like the mccaulla Lakeview
• 4:22
  Speaker 1: area like Vance is usually that kind of cut off
• 4:26
  Speaker 1: for us. However, you know, you might be listening on
• 4:29
  Speaker 1: our podcast, you might be listening to other places in Alabama.
• 4:33
  Speaker 1: You know, we've got great relationships with other agents that
• 4:36
  Speaker 1: we are happy to kind of you know, put you
• 4:38
  Speaker 1: in touch with that that we that we trust, and
• 4:43
  Speaker 1: we have great relationships with us. So I mean, like
• 4:47
  Speaker 1: recently we even we even hooked somebody up in Oklahoma
• 4:50
  Speaker 1: City recently that's looking at moving. We've looked Atlanta, so
• 4:55
  Speaker 1: we refer a lot of folks. Dallas is another one
• 4:59
  Speaker 1: we're talking to some This past week, we were for
• 5:01
  Speaker 1: a lot of business all around the country and so
• 5:04
  Speaker 1: we've just got we're in these We've got great relationships
• 5:07
  Speaker 1: with agents all around the country. So anyways, I wanted
• 5:09
  Speaker 1: to share that because that was one of the questions
• 5:10
  Speaker 1: we got. Hey, let's jump into our new listings and
• 5:15
  Speaker 1: open houses and play our guess the mortgage payment game.
• 5:19
  Speaker 1: So Brad, please share the rules of the game.
• 5:23
  Speaker 2: Oh Righty, Gussy's gonna go through some of the open
• 5:25
  Speaker 2: houses new listings they've got. He's gonna give us some
• 5:27
  Speaker 2: cool details and information about the property. But the main
• 5:30
  Speaker 2: piece I need to know is what is the list
• 5:32
  Speaker 2: price of the property, because then I will be able
• 5:34
  Speaker 2: to give a potential down payment that a baller may make.
• 5:36
  Speaker 2: And then I'm gonna make Gusty and John try to
• 5:39
  Speaker 2: guess the fixed monthly thirty year fixed payment. A right
• 5:44
  Speaker 2: principal interest only thirty year fixed payment killing that number.
• 5:47
  Speaker 2: So Gusty, all right, give us our property.
• 5:49
  Speaker 1: We've got a new listing in the Forest Lakes neighborhood
• 5:53
  Speaker 1: and stare it. It's gonna be open this afternoon from
• 5:56
  Speaker 1: two to four. It is eleven sixty Forest Lakes Way.
• 6:00
  Speaker 1: This is a three bedroom, two bath garden home built
• 6:04
  Speaker 1: in two thousand and five. What is nice about this
• 6:06
  Speaker 1: is it's almost on even in a neighborhood, almost a
• 6:09
  Speaker 1: half acre lot, so that is pretty nice. Two car garage.
• 6:15
  Speaker 1: It's zone for the Chelsea School district. And this listening
• 6:21
  Speaker 1: has got also brand new luxury luxury vinyl plank flooring
• 6:27
  Speaker 1: that kind of gives it, you know, a fresh modern field,
• 6:30
  Speaker 1: you know, all right. This listing is courtesy of Ashley
• 6:32
  Speaker 1: stag So, Ashley, congratulations on your new listing. Go see
• 6:35
  Speaker 1: Ashley today between two and four and eleven sixty Forest
• 6:39
  Speaker 1: Lakes Way, two sixty five.
• 6:41
  Speaker 2: To sixty five. We're gonna start off with ten percent down, okay,
• 6:44
  Speaker 2: ten percent, start with.
• 6:46
  Speaker 1: Gusty ten percent down, white pigot fence house on the start,
• 6:55
  Speaker 1: all right, okay, ten percent down. I'm gonna go with man,
• 7:14
  Speaker 1: he's thinking hard I am. I'm gonna go with fifteen
• 7:16
  Speaker 1: hundred bucks.
• 7:19
  Speaker 3: Feels a little high. I'm gonna let's say thirteen fifty.
• 7:25
  Speaker 2: John was so right, you are a little high. Okay,
• 7:29
  Speaker 2: it was actually fourteen sixty eight, so you you you win. Hey,
• 7:34
  Speaker 2: the littles, John's little sometimes get me excited like he's
• 7:37
  Speaker 2: gonna do something like I actually go down a little
• 7:39
  Speaker 2: and then he I don't want.
• 7:40
  Speaker 3: To price his right him. I'm not that guy.
• 7:42
  Speaker 1: You can do it. It's okay, it's okay, and then
• 7:44
  Speaker 1: he adjust eleven percent. I know that there's some folks
• 7:47
  Speaker 1: that are I know that there are folks listening to
• 7:50
  Speaker 1: this and they're throwing out their numbers and they're they
• 7:52
  Speaker 1: there have this like internal like you know, oh, I'll
• 7:55
  Speaker 1: be gusty this week. I know that happens.
• 7:57
  Speaker 3: I'm in Seattle.
• 7:58
  Speaker 2: He's he's yeah, ye, HEYU happy to be here fighting patriots.
• 8:02
  Speaker 1: One ten Cobblestone Terrace in Pelham. This is in the
• 8:05
  Speaker 1: Cobblestone Village neighborhood, built in nineteen ninety seven. Another garden
• 8:09
  Speaker 1: home with a two car garage, built uh in nineteen
• 8:13
  Speaker 1: ninety seven. Three bedrooms, two baths, sixteen hundred and one
• 8:16
  Speaker 1: square feet. We are asking two hundred and ninety thousand dollars.
• 8:20
  Speaker 1: This listing is also courtesy of Ashley Stags. But go
• 8:24
  Speaker 1: see Chasing Heberlin this afternoon from two to four. One
• 8:28
  Speaker 1: ten Cobblestone Terrace two ninety.
• 8:31
  Speaker 2: Two ninety all Right, we're gonna stick with ten percent
• 8:33
  Speaker 2: down on this one, ten percent down on this one,
• 8:35
  Speaker 2: and we're going to mister Mounts.
• 8:38
  Speaker 3: So it's gotta be higher than the last one. Uh
• 8:42
  Speaker 3: I don't know.
• 8:44
  Speaker 2: Sixteen sixty, sixteen sixty for John.
• 8:50
  Speaker 1: I'm gonna go with sixteen.
• 8:52
  Speaker 2: Thirty sixteen thirty for Gusty. The actual payment was sixteen
• 8:56
  Speaker 2: oh seven. Gusty gets around two.
• 8:59
  Speaker 1: Let's get Oh.
• 9:02
  Speaker 2: See, he doesn't mind just going a little under. You don't.
• 9:04
  Speaker 2: Don't be feeling bad.
• 9:05
  Speaker 1: Hey, We've got a bunch of new listings this week,
• 9:08
  Speaker 1: so I'm gonna hit these two real quick and then
• 9:12
  Speaker 1: we'll continue the game we've got. We've got a new
• 9:15
  Speaker 1: listing at thirty twenty nine twenty first Street West in
• 9:19
  Speaker 1: the Birmingham area near Insley. Built in nineteen fifty two,
• 9:24
  Speaker 1: three bedrooms, two bath, one thousand and thirty one square
• 9:27
  Speaker 1: feet and we're asking ninety two thousand. This is also
• 9:32
  Speaker 1: it's an investment property. It's subject to the existing lease
• 9:35
  Speaker 1: that is going through the end of May and uh so,
• 9:40
  Speaker 1: if you're looking for an investment property, please reach out
• 9:43
  Speaker 1: to us at two O five five four to two.
• 9:45
  Speaker 1: Nineteen ninety six. Also got a new listing in the
• 9:48
  Speaker 1: Warrior area ninety three thirty three Central Road. This is
• 9:52
  Speaker 1: on four point five seven acres, built in nineteen sixty six.
• 9:56
  Speaker 1: It's a rancher, two bedrooms, one bath on a nice
• 9:59
  Speaker 1: private lot four and a half acres, thirteen hundred and
• 10:01
  Speaker 1: forty four square feet and we're asking one hundred and
• 10:04
  Speaker 1: sixty thousand dollars. It's got a new roof, HVAC is
• 10:08
  Speaker 1: about nine years old. And uh, how would you like,
• 10:12
  Speaker 1: you know, a nice little bit of privacy, a little acreage.
• 10:15
  Speaker 1: This listening's courtesy of Jonathan Weaver. So Jonathan, congratulations on
• 10:18
  Speaker 1: your new listening. And that previous one was also listed
• 10:21
  Speaker 1: by Tony McDaniel. So Tony, congratulations on your new listing.
• 10:25
  Speaker 1: All right. Next up is in Leads brand new listening,
• 10:28
  Speaker 1: eighty four oh one Lane Wood Circle. Heh, we actually
• 10:32
  Speaker 1: represented a buyer just a few doors down, recently built
• 10:35
  Speaker 1: in nineteen eighty six. This is a split four year
• 10:38
  Speaker 1: four bedrooms, three baths, one car garage. We are asking
• 10:42
  Speaker 1: two hundred and sixty one thousand dollars. It's one thousand
• 10:45
  Speaker 1: and forty square feet finished in the main level, another
• 10:48
  Speaker 1: eight hundred square feet finished in the basement. Again, four bedrooms,
• 10:53
  Speaker 1: three baths, got stainless appliances, granite countertops, and this one's
• 10:58
  Speaker 1: ready to ruck awesome back yard. This listening is courtesy
• 11:01
  Speaker 1: at T. J. Cunningham. So two hundred and sixty one thousand.
• 11:04
  Speaker 2: Oh, we're back to me. We're on the game.
• 11:06
  Speaker 1: Now, we're on the game.
• 11:07
  Speaker 2: A man, I took a little nap over here, John, Sorry, goodness,
• 11:10
  Speaker 2: feel better that what happens?
• 11:11
  Speaker 1: Like when you go hunting and you're just end up?
• 11:14
  Speaker 1: Do you fall asleep out there on the I can't everything.
• 11:17
  Speaker 2: I'm pretty lock. It's actually like I get pretty tired
• 11:20
  Speaker 2: doing it after the end, because I do stay kind
• 11:22
  Speaker 2: of You're so excited, alert and hoping. I don't know why. Look,
• 11:26
  Speaker 2: but it's also just so nice sometimes just to be
• 11:28
  Speaker 2: out there and it's quiet. Okay, anyways, you do So
• 11:31
  Speaker 2: two sixty one, twenty percent down, twenty percent down, We're
• 11:35
  Speaker 2: back to gusty.
• 11:36
  Speaker 1: Okay, I'm back to me. I'm gonna go with let's
• 11:49
  Speaker 1: see thirteen thirty nine, making up some numbers.
• 11:57
  Speaker 3: Feeling more like a twelve hundred. But as I've been
• 12:02
  Speaker 3: kind of off and I'm gonna snuggle up the guess
• 12:04
  Speaker 3: a little bit, I'll say twelve.
• 12:05
  Speaker 2: Fifty twelve fifty. The actual payment was twelve eighty five
• 12:12
  Speaker 2: because on the board two to one going into round four.
• 12:15
  Speaker 1: Out look out, all right, we got two more new
• 12:20
  Speaker 1: listings of the week. We've got in the new Ideal
• 12:23
  Speaker 1: Condo downtown Birmingham over there on eighteen oh one Second
• 12:29
  Speaker 1: Avenue North. This one is unit three oh nine. It's
• 12:32
  Speaker 1: a one bedroom, one bath. These were built in twenty
• 12:35
  Speaker 1: twenty seven hundred and thirty one square feet. We're asking
• 12:37
  Speaker 1: three hundred thousand, three hundred thousand dollars. These are These
• 12:43
  Speaker 1: are right by the opposits food hall, okay, which is nice,
• 12:47
  Speaker 1: super convenient.
• 12:49
  Speaker 2: Cool.
• 12:49
  Speaker 1: So if you want to live downtown, hey, three hundred
• 12:52
  Speaker 1: thousand dollars will make it happen. What'sha HOA is two
• 12:56
  Speaker 1: hundred and fifteen dollars a month. Now, I don't have
• 12:59
  Speaker 1: the full list of everything that that covers right now,
• 13:03
  Speaker 1: but two fifteen is actually I would say that's below
• 13:07
  Speaker 1: average from what I.
• 13:08
  Speaker 3: Say I was gonna say, because for downtown condo living,
• 13:10
  Speaker 3: you always think about the AHOA as well.
• 13:12
  Speaker 2: Yeah, that's a good question.
• 13:13
  Speaker 1: Yeah, there you go. So this listening's courtesy of John Riddle. So, John,
• 13:15
  Speaker 1: congratulations on your new listing three hundred thousand.
• 13:20
  Speaker 2: We're gonna go to five percent down and John, you
• 13:24
  Speaker 2: get to take the first stab.
• 13:25
  Speaker 3: At it five percent down, So that'd be two to
• 13:31
  Speaker 3: eighty five that I'm financing. So how about.
• 13:40
  Speaker 1: Eighteen hundred eighteen hundred for John? I think he's in
• 13:48
  Speaker 1: the ballpark. Now, do I think he's high or low?
• 13:52
  Speaker 1: That's the question. I'm gonna I'm gonna go seventeen fifty.
• 14:05
  Speaker 2: The actual payment was seventeen fifty four.
• 14:08
  Speaker 3: Oh, man, I was to the ballpark when I was
• 14:11
  Speaker 3: over there buying a hot dog.
• 14:12
  Speaker 2: You were actually you know, he was gus. He was
• 14:15
  Speaker 2: behind home plate. He was kind of behind third base
• 14:17
  Speaker 2: about twenty five rows up.
• 14:19
  Speaker 1: Hey we uh seat still Yeah, that's right. Hey, this
• 14:23
  Speaker 1: one I'm really excited about. This is on uh thirteen
• 14:26
  Speaker 1: point two acres in Helena. This is a five fifty
• 14:29
  Speaker 1: six Martin Lane built in nineteen seventy nine. It's five bedrooms,
• 14:33
  Speaker 1: three baths. It's a very cool rancher twenty seven hundred
• 14:36
  Speaker 1: and forty four square feet on the main It's got
• 14:39
  Speaker 1: another thirteen hundred square feet finished in the basement that
• 14:42
  Speaker 1: sits on a It's got three hundred feet of shoreline
• 14:46
  Speaker 1: on a pond. It's also got a like an old
• 14:51
  Speaker 1: horse barn that uh is currently used as storage, but
• 14:55
  Speaker 1: you could easily get this thing back up and running
• 14:57
  Speaker 1: real quick. Just a very very serene setting where you've
• 15:01
  Speaker 1: got this long like dirt road that then that you
• 15:06
  Speaker 1: you find your gate at five point fifty six Martin
• 15:09
  Speaker 1: Lane and it just opens up into this beautiful thirteen
• 15:12
  Speaker 1: acres and this is this private five fifty six Martin Lane.
• 15:16
  Speaker 1: Just rancher, Just you got me. I can just I
• 15:18
  Speaker 1: can just think of like drinking to call in and
• 15:21
  Speaker 1: get LUNs, drinking coffee in the morning time, having that, you.
• 15:25
  Speaker 2: Know, chickens running around, dog over the pond.
• 15:28
  Speaker 1: Just man. Uh so, yeah, one point five million.
• 15:31
  Speaker 2: One point five make your dreams a reality, all right.
• 15:35
  Speaker 1: Probably some deer back there too.
• 15:37
  Speaker 2: Yeah. Twenty percent down, twenty percent down, one point five
• 15:43
  Speaker 2: on gusty.
• 15:44
  Speaker 1: Okay, one point five, twenty percent down, that's one point two.
• 15:52
  Speaker 1: Loan them out. I'm gonna go. I'm gonna go with
• 15:58
  Speaker 1: seven thou and two hundred and fifty dollars.
• 16:08
  Speaker 3: I have absolutely nothing to base my guests. And that's
• 16:10
  Speaker 3: what is a guest. I'm gonna say six thousand, six
• 16:14
  Speaker 3: hundred dollars.
• 16:15
  Speaker 2: The actual payment was seven five hundred and eighty four dollars. Eh,
• 16:20
  Speaker 2: Gusty goes four in one today, but there was no
• 16:23
  Speaker 2: clean sweep. I was on it today.
• 16:26
  Speaker 1: Hey, we've got some coming soons. We've got one. We've
• 16:29
  Speaker 1: got one coming up in Birmingham. We've got one coming
• 16:32
  Speaker 1: up in Hueytown. We've got one coming up in the
• 16:34
  Speaker 1: Crestwood neighborhood of Birmingham. We've got one coming up in
• 16:38
  Speaker 1: the Grand neighborhood in Birmingham. In the Oxmoor Valley area,
• 16:43
  Speaker 1: We've got a couple of VIP buy our needs. We've
• 16:45
  Speaker 1: got some folks that are looking up in River Chase
• 16:48
  Speaker 1: up to four hundred and thirty thousand. We've got some
• 16:50
  Speaker 1: folks looking in the Edgewood School district. We've got some
• 16:53
  Speaker 1: folks looking in the Crestwood area up to four hundred thousand.
• 16:56
  Speaker 1: We've got some folks that are looking for five to
• 17:00
  Speaker 1: ten acres in Chilton County, uh that you can put
• 17:03
  Speaker 1: a couple of houses. We've got a lot of people
• 17:06
  Speaker 1: looking at land in like the Shelby and Chilton County area.
• 17:09
  Speaker 1: So like Wilsonville, Columbiana. If you've got you're considering selling
• 17:13
  Speaker 1: some land. We've got some some folks that are interested,
• 17:16
  Speaker 1: So go to augustygoulisgroup dot com or reach out to
• 17:19
  Speaker 1: two oh five you can call her text two O
• 17:21
  Speaker 1: five five four to two nineteen ninety six. Hey, guess
• 17:24
  Speaker 1: what time it is. That's right, it's testimonial time.
• 17:30
  Speaker 3: All right.
• 17:31
  Speaker 1: We've got two this week, and the first one is
• 17:34
  Speaker 1: from Julian. Julian says John Michael goes above and beyond
• 17:38
  Speaker 1: knowledgeable of the area and has great context throughout the industry.
• 17:42
  Speaker 1: He was even willing to miss football on Saturday WHOA
• 17:46
  Speaker 1: to provide a showing. He has given me advice on
• 17:49
  Speaker 1: investment opportunities. So Julian, thank you so much for the
• 17:54
  Speaker 1: opportunity to help you find an investment property in John Michael.
• 17:57
  Speaker 1: Congratulations on another five star review. He missed some Alabama football.
• 18:06
  Speaker 2: Tell you, I say the tide must have been all
• 18:08
  Speaker 2: the tide.
• 18:11
  Speaker 1: And this is this is from Gina. Gina says, we
• 18:14
  Speaker 1: bought and sold a house with Riley as our agent.
• 18:17
  Speaker 1: He was extremely responsive and timely with all aspects of
• 18:20
  Speaker 1: the buying and selling process. He gave great advice while
• 18:24
  Speaker 1: at the same time taking our priorities into consideration. Our
• 18:28
  Speaker 1: experience could have not been better. So Gina, thank you
• 18:31
  Speaker 1: so much for the opportunity to buy and so with
• 18:34
  Speaker 1: you and your family and Riley, congratulations on another five
• 18:39
  Speaker 1: star review. All Right, ladies and gentlemen, we love to
• 18:44
  Speaker 1: share our five star reviews. So all right, hey y'all,
• 18:47
  Speaker 1: stay tuned. We're gonna go to break real quick and
• 18:50
  Speaker 1: stay uh just come back ball Burn, Yeah, all right,
• 18:59
  Speaker 1: welcome back to Bought, bart and Sold, and uh, you know,
• 19:01
  Speaker 1: thank you again for joining us each in every week.
• 19:06
  Speaker 1: All right, so we don't have a ton of time
• 19:10
  Speaker 1: left on the show, but uh, you know, there's a
• 19:12
  Speaker 1: lot going on in the real estate world. There's a
• 19:14
  Speaker 1: lot going on just overall in the world, in the world.
• 19:19
  Speaker 1: But you know, housing is such an important piece of
• 19:22
  Speaker 1: the economy, oh huge, and also an important pieces interest
• 19:26
  Speaker 1: rates for sure. So what have we been seeing lately?
• 19:28
  Speaker 1: Brad Brad with Cross Country Mortgage.
• 19:30
  Speaker 2: So we got a little love in the market's middle
• 19:33
  Speaker 2: to the back end of last week. So we've got
• 19:36
  Speaker 2: some you know, some job reports that have every job
• 19:40
  Speaker 2: report that came out, and I got a couple I
• 19:42
  Speaker 2: can run through real quick just to kind of give
• 19:43
  Speaker 2: an idea, but a showing weaker, weaker labor market, and
• 19:47
  Speaker 2: nobody can deny it anymore, and so the market, the
• 19:51
  Speaker 2: bond market had responded well to that. Obviously, the bad
• 19:54
  Speaker 2: news and jobs is good for mortgage rates.
• 19:56
  Speaker 1: Yeah, I hate that, by the way.
• 19:58
  Speaker 2: I do too. It's like what we're pulling forwards kind
• 20:00
  Speaker 2: of like it's like one you know, so, I mean,
• 20:02
  Speaker 2: but if you've got a job and you are buying
• 20:05
  Speaker 2: a house, you still want the rate as low as possible,
• 20:07
  Speaker 2: and so you can't help what's happened on the other
• 20:08
  Speaker 2: part of the economy, on the employment side, so you
• 20:11
  Speaker 2: just roll with it. But the job openings in December
• 20:14
  Speaker 2: were six point five million, down from estimated of seven
• 20:17
  Speaker 2: point two million as the lowest that was the lowest
• 20:20
  Speaker 2: seven hundred thousand, and that's the lowest since twenty twenty,
• 20:23
  Speaker 2: think about twenty twenty December twenty twenty. And then the
• 20:27
  Speaker 2: other was like the Challenger job cut report, there was
• 20:30
  Speaker 2: one hundred and eight thousand, four hundred and thirty five
• 20:32
  Speaker 2: cuts in January. That was triple the amount in December
• 20:35
  Speaker 2: of job cuts, which is you usually have a bigger
• 20:37
  Speaker 2: January cuts because a lot of people aren't trying to
• 20:39
  Speaker 2: do it at the end of the year holidays, not
• 20:41
  Speaker 2: trying to let people go. But when January gets here,
• 20:44
  Speaker 2: you start seeing it but in context, and then we can,
• 20:47
  Speaker 2: you know, kind of talk about that affected rates. It
• 20:50
  Speaker 2: only was double in twenty twenty five. This time it
• 20:52
  Speaker 2: was triple. And this was also but that number of
• 20:55
  Speaker 2: cuts in January was the highest amount since two thousand
• 20:58
  Speaker 2: and nine. So so there is no that the FED
• 21:05
  Speaker 2: cannot deny that we are in a weakening, weakening employment
• 21:09
  Speaker 2: situation right now. And then and then inflation's doing what
• 21:12
  Speaker 2: they want it to do, especially when you back out
• 21:14
  Speaker 2: some teriffs and different stuff like the inflations where they
• 21:17
  Speaker 2: want so. So again I think this is kind of
• 21:19
  Speaker 2: their parting shot with the FED chair going out in May,
• 21:22
  Speaker 2: of just being like, we're just gonna do status quo
• 21:24
  Speaker 2: and keep doing all this. The good news is, I mean,
• 21:26
  Speaker 2: even if we don't see the FED funds don't lower
• 21:30
  Speaker 2: their rate, the mortgage mortgage market is still gonna respond
• 21:32
  Speaker 2: to it and keep going down as long as we
• 21:34
  Speaker 2: keep getting similar reports and so rates will continue to
• 21:37
  Speaker 2: come down. And then when Warsh takes over in May June,
• 21:41
  Speaker 2: his first meeting, I mean you might you're gonna you're
• 21:43
  Speaker 2: liable to see, you know, a double cut or something
• 21:45
  Speaker 2: to catch up for what they did do the first
• 21:47
  Speaker 2: half of the year. So I think we're gonna see
• 21:49
  Speaker 2: an aggressive second half of the year on rates coming
• 21:52
  Speaker 2: down from the Fed's fund side, and the mortgage rates
• 21:55
  Speaker 2: are just going to continue to follow that and hopefully,
• 21:58
  Speaker 2: you know, depending on any other kind of cordly stuff
• 22:00
  Speaker 2: that could happen, I'm continue to bring the rates down.
• 22:03
  Speaker 2: And so so we're I mean, we're we're very, very
• 22:07
  Speaker 2: excited and positive about where rates are probably going to go.
• 22:10
  Speaker 1: Yeah, no, that's great, thank you for sharing. Yep. Here's
• 22:13
  Speaker 1: what I in the real estate world. Yeah, last week
• 22:18
  Speaker 1: we put fifteen homes under contract. That's probably the most
• 22:23
  Speaker 1: homes we put under contract in a week in maybe
• 22:27
  Speaker 1: a year. Wow, it's been a long time, and I'm
• 22:31
  Speaker 1: shocked because of how cold it's been. I know, so
• 22:36
  Speaker 1: I love so I got to get some shout outs.
• 22:40
  Speaker 1: Kyle bed Good on our team five homes under contract
• 22:44
  Speaker 1: he put last week, Walker Gant two homes under contract.
• 22:47
  Speaker 1: This past week, Isaac on our team two homes under contract,
• 22:52
  Speaker 1: Isaac Oh, Isaac and then Carla Graham, Tony Ashley All
• 22:57
  Speaker 1: had homes in her contract. Oh, I'm just you know, well,
• 23:03
  Speaker 1: I can tell you the market is heating up. I know,
• 23:06
  Speaker 1: we've got interesting news going on with economies and whatever
• 23:09
  Speaker 1: interest rates.
• 23:10
  Speaker 2: And people have to do something.
• 23:13
  Speaker 1: The people do need a roof, they need housing. Uh,
• 23:17
  Speaker 1: there's not too terribly many opportunities we'll say over the mountain,
• 23:22
  Speaker 1: and those people are most likely in them. We'll say
• 23:25
  Speaker 1: a seller market, and then overall we've got probably more
• 23:28
  Speaker 1: of a middle of the road market you know, in
• 23:30
  Speaker 1: other places. But you know, here's what I can tell you.
• 23:34
  Speaker 1: If you are interested in learning about the value of
• 23:37
  Speaker 1: your home or even thinking about selling in twenty twenty six,
• 23:41
  Speaker 1: you need to go to Gustygulisgroup dot com. You need
• 23:43
  Speaker 1: to call her text two of five five four two
• 23:45
  Speaker 1: nineteen ninety six. Let's build that plan of action together
• 23:48
  Speaker 1: and see if twenty twenty six does make sense for
• 23:51
  Speaker 1: you to buy or sell a house. All right, thanks
• 23:53
  Speaker 1: so much for joining us, BRAT as always, thanks for
• 23:56
  Speaker 1: all the wonderful information you give us, and John, thanks
• 23:59
  Speaker 1: for kind of keeping the train on the tracks my
• 24:01
  Speaker 1: first time. All right, y'all have a wonderful rest of
• 24:04
  Speaker 1: your day and Uh, we're gonna go sell something.
• 24:07
  Speaker 2: Go, let's do it.