Inventory the size of Greenland coming on-line!

A Dose of Wisdom

"Even a correct decision is wrong when it was taken too late."– Lee Iacocca

The First Hit

If you are around me at all, you have heard me say it more than once. Things CAN and DO turn on a dime.

I did not have ANY of these on my Bingo card even two weeks ago:

• Take Panama Canal back...by force if nessecary
• Make Canada the 51st state
• Buy Greenland (I did not know it was for sale) or strong arm Denmark into giving it to us
• Rename the Gulf of Mexico to the Gulf of America

You still think pushing a couple of old GSE's back out the door and out of conservatorship might be too much to tackle?

I watched a recording of Trump from his press conference yesterday. He ALSO said "interest rates are too high". Bet Jerome LOVES having his old boss back!!

It was an interesting press conference to say the least.

9 states are back above pre-pandemic housing inventory levels—these 5 states are getting close

At What Point Will Refinancing Become Worth It Again??- Archana Pradhan - Principal, Economist, Office of the Chief Economist - Core Logic

Barry Habib's 2025 Forecast for Rates & Housing – And How to Capitalize on It - January 14th 2:00 CST

Not sure what to expect in 2025? Don’t fret – 3-time Crystal Ball Award winner Barry Habib joins us for a webinar to discuss what’s coming this year and how to maximize profitability.

During this 60-minute session, Barry will share insights on:

• The refi boom – it’s coming!
• Building and protecting your real estate agent relationships after the NAR ruling
• How to speak like a market expert and beat your competition
• Protecting your buyer's agent relationships and creating more purchase opportunities
• Helping buyer's overcome barriers to homeownershipWaiting for lower rates – should we, or shouldn’t we?Bidding above asking priceThe lock-in effect ?

Controlled Market Substance

10 Year Yield - It's time for rates to start moving lower......

We are bumping up against that 4715% resistance and I, by the powers vested in me, do hereby decree that from this point forward, rates will begin to march lower and the Fed WILL cut rates at their meeting on January 29th. Remember where you heard it first.

Trump wants rates lower....we should be trending lower. FOMC minutes later today. We'll see....

Have a GREAT DAY!!!!!!