About this episode
Welcome back to another clip of Market Mondays, where we dive deep into current economic trends, market insights, and strategies to help you navigate these challenging times. In this clip, our hosts, Rashad Bilal and Troy Millings, are joined by real estate experts Matt Garland and Mosi Gatling for a comprehensive discussion on the anticipated real estate market dynamics in light of potential recession risks. *Discussion Highlights:* 🌟 *Recession Predictions:* Rashad kicks off the conversation by highlighting recent predictions from Goldman Sachs about an impending recession. With a 25% chance looming, how might this affect the stock and real estate markets differently? 🏠 *Real Estate Market Corrections:* Matt Garland argues against the likelihood of a real estate crash, emphasizing that the market has already been experiencing a correction over the past 18 months due to rising interest rates. 📈 *Home Equity Insights:* Did you know there's about $11.5 trillion in tappable home equity right now in America? Matt sheds light on the current state of home equity and historical appreciation trends, suggesting that the real estate market remains strong despite broader economic uncertainties. 💡 *Mortgage Strategies:* Troy and Mosi delve into the intricacies of navigating the current mortgage landscape. With 30-year fixed rates around 7.5%, how should potential buyers strategize? Mosi shares valuable advice on staying ready to seize opportunities and expecting an increase in mortgage applications as interest rates show signs of declining. 📊 *Future Market Predictions:* The panel discusses the potential impact of upcoming Federal Reserve rate cuts on mortgage rates and the housing market. What does this mean for buyers waiting on the sidelines, and how might home prices react? Whether you're a seasoned investor or a prospective homebuyer, this episode of Market Mondays is packed with critical insights to help you make informed decisions in the ever-evolving real estate and financial markets. Tune in and stay ahead of the game with expert advice from our knowledgeable guests. *Don't forget to like, comment, and subscribe for more timely market updates and insights. Hit the bell icon to be notified whenever we upload a new video!* *Hashtags:* #MarketMondays #RealEstate #Recession #HomeEquity #MortgageRates #FederalReserve #Investing #HousingMarket #FinancialAdvice #RealEstateInvestment --- By providing an engaging breakdown of the key points discussed in this episode, we're sure to keep our viewers informed and eager to join the conversation. Your feedback and questions are always welcome, so share your thoughts in the comments below! Our Sponsors: * Check out PNC Bank: https://www.pnc.com * Check out Square: https://square.com/go/eyl Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy See omnystudio.com/listener for privacy information.