In today\u2019s challenging marketplace, real estate professionals need to know the facts if they want to succeed. In part one of this special two-part episode, Buffini & Company CEO Dermot Buffini interviews Dr. Lawrence Yun, Chief Economist at the National Association of REALTORS\xae, to separate the facts from the fiction and uncover what really lies ahead for real estate in the second half of this year.
YOU WILL LEARN:
MENTIONED IN THIS EPISODE:
The National Association of REALTORS\xae
Buffini & Company Real Estate Report
S2E44, How to Recession Proof Your Business
NOTEWORTHY QUOTES FROM THIS EPISODE:
\u201cEven though sales are coming down because the buyer pool is shrinking, those who are still in the market are looking for that fresh inventory. And, when it shows up, they are ready to sign that contract immediately.\u201d \u2013 Dr. Yun
\u201cPeople should anticipate that the unit sales this year will be down about 13% from one year ago.\u201d \u2013 Dr. Yun
\u201cWe don't have those risky mortgages which turned the market really bad back in 2008/09 period, so we can say it\u2019s a soft landing.\u201d \u2013 Dr. Yun
\u201cThere's still a pool of very strong, well-qualified people out there who need some help finding a great home.\u201d \u2013 Dermot Buffini
\u201cSuccessful REALTORS\xae really serve their clients\u2019 best interests for the long haul.\u201d \u2013 Dr. Yun
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