As the housing market continues to make headlines with its ups and downs, many wonder what the future holds. In this episode, we have the pleasure of sitting down with Eddie Speed, the owner of Colonial Funding Group and the founder of NoteSchool. Throughout the conversation, Eddie provides a wealth of information on a range of topics, including the rise of seller financing and its impact on the industry, the actual increase in interest rates over the past few decades, and the long-term benefits of innovative financing techniques.
As we navigate the complexities of the real estate and mortgage industry, it’s crucial to have access to expert insights and data-driven knowledge. Listen in as Eddie offers his perspective on whether the market has entered a real estate recession, the factors that led to the downturn, and the significance of examining all the variables that contribute to it. You’ll gain a deeper understanding of the market, its trends, and its potential.
Minute Markers:
- 5:16 – Eddie’s perspective regarding the current state of the market.
- 6:35 – To what extent interest rates have increased over the past few decades.
- 8:50 – The importance of looking at the long-term gains of creative financing.
- 11:10 – Have we reached a real estate recession?
- 14:35 – Eddie’s opinion on what pushed the system into a recession.
- 16:50 – The rationale behind examining all the factors that contribute to a recession and the future direction of the market.
- 21:20 – What the data shows in terms of where our rates are headed.
Featured on the Show:
- Eddie Speed: LinkedIn | Colonial Funding Group
- NoteSchool: Facebook | Website
- Freedom Founders Discovery Call
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