Dual-Licensed Mortgage and Real Estate Professionals Chad Bush
Dual-Licensed Mortgage and Real Estate ProfessionalsForum Replies Created
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Peter, thanks for the detailed input. I followed your advice and framed it around buying power using a simple 1% change example with ranges and a clear educational disclaimer. Appreciate the help!
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Thank you for the detailed response. That is very helpful information. I appreciate all the advice. I’ll keep you updated on how it all works out!
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Great additional points, Gus. I think the rise in listings is definitely easing some of the pressure buyers felt in 2022, but as you mentioned, it’s not translating evenly across markets. Some areas are seeing price softening while others are still competitive, which really shows how important it is to look at local data alongside the national trends.
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I’m also wondering about the right way to start that conversation with a realtor so it doesn’t come off like I’m trying to sell them something. How do you keep an intro message brief (since we all have short attention spans and won’t read long messages unless engaged) but intriguing enough to want to hear more?
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I’m not sure on that. I only saw MLO courses, but maybe they have the types of courses you’re looking for through a different access point on their website. You’d probably want to reach out to them and see.
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Glad I could help. For me, it took about a day after getting my login credentials before I was able to access the Continuing Education tab, so that might be something to keep in mind in case you run into the same delay. I didn’t have any issues adding the courses to my basket or opening them once everything was active though. I just selected my state and chose the 8-hour package, which already includes the 1-hour state-specific course.
They also have separate 1-hour state options available. If you’re licensed in multiple states, you can probably just select the 1-hour course for each additional state.
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That would definitely be an interesting project. Tracking both spending and migration patterns could reveal a lot about where demand is heading and how that might shape prices. My take is that California will always have strong demand in certain core markets, but shifts in affordability and where people choose to live will likely create very different stories region by region. I’m not sure how easy it is to get good consumer spending data on a city or neighborhood level, for example. Worth looking into though.
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Really appreciate the thoughtful response. I agree that digging into the metro level detail could be very useful. That is the next step I want to take so we can see whether certain areas like the Bay, L.A., or San Diego are driving most of the statewide shifts.
On your question about price movements compared to inventory, at the statewide level the trends do not line up cleanly. But it would be interesting to test that metro by metro and see if there is a clearer connection, or if price reactions show up with a lag after supply changes. That could help reveal whether regional dynamics or buyer behavior are shaping the patterns we are seeing. Thanks for the ideas!
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Those are great additional points, Bruce. Especially regarding the variations in local markets. Thanks for pointing that out.
