The best way to predict the future is to pay attention to what happened in the past. We believe that's true, but what happens when you throw a few WILD CARDS into the mix? Mortgage rates are at the center of attention while this year starts. People are acting not on what's happening, but what they think will happen. LISTEN UP. The real estate game is changing - screw that - it already has and no-one is REALLY talking about it....until now. Real Estate of Tomorrow holds conversations on crucial topics needed to successfully navigate the shifting real estate industry. In this bi-weekly podcast we break down the massive shifts in real estate and tell you the specific steps you need to take to kick a$$ in the coming years, just like we are. We're your hosts, Edgardo Balentine and Scott DiGregorio, giving you the rundown on real estate from decades of experience and the new generation. Word is spreading around that the current market looks a lot like the market of 2006 or 2007. Meaning, people are expecting a market crash and crazy high rates. Since we researched real numbers, we're talking about predictions of the housing market through the next year. Most of this conversation will follow information on interest rates. Interest rates have an unequivocal correlation to the housing market. Historically low interest rates led to a great housing market, and people moving all over the country, but now the market is mixing with inflation. Inflation alters purchasing power, making inflation the ARCH ENEMY of mortgage rates. Ironically, the two are often directly proportional over time, and other factors are creeping into the scene: the Fed,  COVID, inventory shortage, and more. Keep an eye on the upcoming trends to understand your cash flow in the housing market over the next decade. Listen to learn about the taper approach, mortgage backed security bonds, the first-time buyers influx, appreciation, and staying ON TOP of the reality the housing market is facing. What are you doing today to be relevant tomorrow? What are you doing today to be successful tomorrow? [email protected]  Hit us up. Time stamps:[00:36] - Let's put all our predictions out on the table. [02:04] - Interest rates have an unequivocal correlation to the housing market. [03:37] - How did we get to this current market climate? [06:16] - Mortgage rates often (not always, but often) follow changes by the Federal Reserve to the Fed rates. [08:40] - What does mortgage backed security bonds have to do with the current mortgage market? [11:26] - The fear of inflation is just as strong as inflation itself. [13:44] - If inflation is tamed, what happens to the rates? [16:03] - Based on history, recessions tend to follow tamed inflation. [17:36] - What are the wild cards that are a threat to the predictions? [20:09] - Did the supply and inventory of the market change? [22:58] - The influx of first-time home buyers clashes with the inventory actually available. [24:51] - People are moving around to specific states to match their preferred lifestyle, which now considers COVID protocols. [26:21] - Short of inventory impacts the measure of appreciation. [28:55] - Understand your cash flow in the housing market over the next decade with a buy vs. rent analysis. [31:06] - Here's a recap of the trends to look out for in 2022. [33:39] - Start thinking about this information, so you can advise clients properly. [35:07] - Rates drive the market. Links: Real Estate of Tomorrow Edgardo Balentine  Scott DiGregorio

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