
Beyond the Headlines: Finding Truth in Today's Real Estate Market - June 16th, Monday Market Update and Mindset Call with Nikki, Cari and Angie
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The real estate market experiences volatility due to the Israel-Iran conflict while navigating inaccurate market reporting and dealing with predictions for future appreciation rates.
• Interest rates fluctuated between 7.5% and 6.375% last week due to the Israel-Iran conflict affecting oil prices and bond rates
• Current mortgage rates are just under 7% at 6.875% for 30-year conventional with good credit and good down payment
• Government borrowing to fund conflict involvement affects 10-year treasury rates, which impacts mortgage interest rates
• The Fed meeting announcement comes Wednesday with predictions of no rate decrease
• Redfin's report claiming 500,000 more sellers than buyers is inaccurate and being picked up by major media outlets
• Real estate professionals should educate clients about market realities versus media narratives
• Coach John Dietz offers free "Survive to Thrive" calls every morning at 8am CST with script practice and educational content. Open to any agent from any brokerage. Send me a message for the link to join!
Reach out to us if you need help with coaching, mentorship, objection handling, or joining educational calls regardless of what state you're in or what brokerage you're with.
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