Jobs Report Sends Mortgage Rates Tumbling!

Stocks rallying after CPI dips 0.1%, a favorable jobs report, Goldman Sachs projections, and an increase in seller concessions are today’s topics as Byron Lazine and Tom Toole discuss the latest news, updates, and trends on the Knowledge Brokers Podcast.

January 13, 2023
BAM Staff
Knowledge Brokers

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On today’s second episode of the Knowledge Brokers Podcast, Byron Lazine and Tom Toole begin with the news of stock values rallying after consumer prices (CPI) dipped 0.1% in December.

Next up was the favorable jobs report and the Fed’s less than bullish response to it, followed by openly bearish Goldman Sachs projections and the increase in seller concessions.

Tune in to hear advice from both on what agents should be doing to prepare sellers and keep their clients well-informed.

Click on any of the timestamps below to watch:

00:00–01:59Intro

01:59 Markets rally after CPI drop

02:30 Bullish or bearish?

07:25 The Fed is not believing in the trend.

11:14 Goldman Sachs projections

12:10 Employment changed by industry

14:17 Concessions are up

15:13 The most important things for agents to know

18:56 Advice for agents to prep sellers

23:22 Why pricing at market value is the strategy

26:10 The #1 stressor for sellers

29:47 Let’s talk about prices

40:45 Those who get to the market sooner…

Click here to watch the full episode.

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About the Author

BAM Staff

Real estate may be all about location, location, location, but we know that content is king! That's why we have an army of talented writers behind the scenes, crafting posts like this one to help you navigate the ins and outs of the industry.

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