Kerry Lutz's--Financial Survival Network

Summary:
Real estate has been doing great where taxes are lower, and it seems that the stage of buying-panic has come to a close as purchasers stop over-paying quite as much for homes. Today we have Andrew Ragusa on the podcast to discuss what exactly is happening with the market, and what you can expect in the purchasing sector. He emphasizes that if people want to grab something, they should grab it, because the market is always climbing. Tune in for direct insights and interesting real estate considerations.

Highlights:
-Real estate has been at the right spot on the economy—where taxes are lower, real estate is doing better
-What’s happening with New York suburban real estate on Long Island? There has been a dip in offer prices—previously, they were getting $50k-$70k above asking price but this has declined a lot
-Buyers are not willing to over-pay quite as much; the panic is over
-If people want to grab something, they should grab it—mortgage payments are greatly impacted by the offer amount
-It doesn’t always make sense to stay on the sidelines when the market is always climbing
-We are seeing more price cuts in the market. In order for a house to move, the price still needs to look attractive
-There has been a lot of overshooting the market
-Even thought everything is selling, prices are getting cut
-Information on selling prices is widely available today through the internet
-Zillow charges realtors to receive information from those using the website; Zillow essentially sells data
-There’s not a lot of inventory at the moment in Florida

Useful Links:
Financial Survival Network
Andrew Ragusa Instagram
Real Estate Market Innovations

Summary:
What’s happening in the markets, and should we be scared? It’s important to have an analytical perspective when it comes to analyzing the market, and Michael Moor comes on the show today to help us attain this point of view. He and I talk gas, oil, the metals, and Bitcoin from a data standpoint to break down what is happening in the changing market, and how we can assess these shifts from a data standpoint.

Highlights:
-What’s happening in the markets? Should we be scared? We need to take an analytical approach
-Are we looking at $10-$12 NatGas? Can we go that high? Moor says that we’re wide open—it can pretty much go anywhere
-We are still seeing a 50% discount of gas to oil
-$56/barrel could be seen in five months
-Moor analyzes market movements and data, but Moor notes the inflation in the housing market and supply chain
-Everything is pointing to increased inflationary expectations
-What markets are the most promising? Moor thinks that crude oil and energies have a lot of upside
-Bitcoin also is looking positive—it’s all pretty green
-Gold is headed higher—we’re seeing some of its strength coming in right now
-We used to look at crude oil as an indicator of inflation, but NatGas has taken over

Useful Links:
Financial Survival Network
Moor Analytics