Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All right, welcome to Bob barn and Soul. Thank you
so much for joining us today. And uh, we've got
from Cross Country Mortgage Brad Smith hanging out in the
studio with us. What's up, Brad? How are you, Bud?
Speaker 2 (00:12):
I'm great? How about you?
Speaker 1 (00:14):
Doing? Good?
Speaker 2 (00:15):
Man? It is It is a festive Sunday morning here
at the broadcast studio.
Speaker 1 (00:20):
So we rolled up into the studio and and lo
and behold they've got this thing decked out and all
of the Christmas gear. And I'll tell you it does
look good. It does. It looks really good.
Speaker 2 (00:32):
I'm ready.
Speaker 1 (00:34):
It's it's kicked me off.
Speaker 2 (00:35):
I'm like, let's go, Yes, get the stockings out and
let's start setting it up.
Speaker 1 (00:40):
When do you start setting up for Christmas?
Speaker 2 (00:43):
I have normally been a, you know, that weekend after Thanksgiving,
but I've gotten to where I kind of like doing
it at the weekend before Thanksgiving because I feel like
Thanksgiving is kind of part of all of it.
Speaker 1 (00:54):
You know, I feel that too, And I think the
perfect time is that weekend before Thanksgiving.
Speaker 2 (00:59):
Yeah, That's where I've kind of messled in because when
you have Thanksgiving, it's fun to already have it up,
I don't know. And then it's so that's kind of.
Speaker 1 (01:07):
Where there's that suspense of like, all right, who's already
gotten gifts? Right? What is already under the tree? And
you know what would be cool to have a you know,
move into a brand new house for Christmas.
Speaker 2 (01:24):
It's like miracle on thirty fourth Street. You get a
house for Christmas.
Speaker 1 (01:26):
So it can bring you a house. Hey, look, if
you're still you know, if you want that house, you know,
move in by Christmas, have the holiday party at your place.
There is still time to make this happen. There is
still time.
Speaker 2 (01:42):
For sure, and time on the still time on the clock,
plenty of time on the Yeah, we got like a
couple of weeks.
Speaker 1 (01:47):
Yeah, yeah, yeah, so yeah, how fun will that be?
H to move into your new place for Christmas?
Speaker 2 (01:54):
And I've had a couple you know we talk about like,
you know, our business does slow down seasonally, and we
can talk about it more in the next tebment, but
but it does have a slight increase in December. And
I think there's a couple of things that go into that. One.
I think people do kind of want to have it,
like get moved in before the holidays, if they know
they're going to be moving anyways. Yeah, I also think, like,
(02:14):
you know, you need that extended time to make them
move sometimes. And a lot of people have backlogged vacation
days or sick days that they use at the end
of the year, and they've got that whole week off
between Christmas and New Year, so they got time to
get the move done. Yeah, and then be settled, get
back to work, get school start back. That's a great points.
It's like a little reset hub, you know, kind of
midway through the kind of before we get back to
(02:35):
the buying cycle. So I see December usually as a
as a pretty good little tick up from like November
and what we're going to get back down to in
January traditionally.
Speaker 1 (02:44):
Yeah, No, I think I really like that. I think
that you know a lot of people have leases that
come up at the end of the year, so they're
trying to you know, get out of that or just
kind of starting the new year fresh, right, so you know,
and and then always, you know what happens at holidays,
you know, sitting at you know, Thanksgiving dinner or you
(03:07):
know Christmas dinner, your holiday dinner, you've got you're talking
about your goals for the next year. M what are
you planning on doing. Are you gonna, you know, get
a new job, or you're gonna move to a different city,
You're going to move to a new house, you know,
or you know all that fun stuff. Are you gonna
get married? Right? I don't think you talk about getting divorced,
but there might be some of that wait wait, wait
(03:29):
till January. But you know a lot of people in
those conversations are starting to like talk about what their
plans are. And you know, I'll tell you what's what's
really crazy is we see our hits on our website.
Usually the day after a holiday like Thanksgiving and Christmas,
the hits to our website spike.
Speaker 2 (03:51):
I believe that one hundred percent because I also just
think there's more people driving around, going to family, going
through different neighborhoods, seeing different signs, Oh and go look
it up or you know it starts. It gets those
wheels turning because they're driving maybe through different areas or
neighborhoods they're not used to or doing do it every day.
But I think those the people out and about more
(04:11):
during those times you get to family or noticing it
and then there said sitting around. Maybe football is on
remember seeing a sign nowther on another looking at so
we need more space, we need to you know they're
on the phone crushing it.
Speaker 1 (04:23):
Yeah, yeah, absolutely, Well, you know, let's let's let's go
ahead and get going on the game. We've got some
open houses this week, We've got some uh we've got
some new listings and uh, I think we should uh
go ahead and get that that going. So i'd love
there is one open house I want to talk about
(04:44):
before we get the game going. But I'd love for
you to talk about the the rules of the game.
And it's gonna be me and John Mounts going head
ahead today.
Speaker 2 (04:54):
Oh yeah, sorry, I got a little distracted. There were
some dark chocolate pe cons in front of me and
I wait, wait a minute.
Speaker 3 (05:00):
You can have those by the way, yeah, eight, most
of them already, but they're still I'm definitely gonna sorry side.
Speaker 1 (05:07):
I could get sidetracked on those kind of things too.
Speaker 2 (05:10):
All right, So rules of the game, Gus, he's gonna
give us the properties of the open houses and coming
soon he's going to go through some of the cool
details and neat things about the property. And then the
Varian and he's going to give us the list price
of the property. I'm going to give a potential down
payment that a bar may make, and then Gusty and John,
we'll gets the thirty year fixed principal interest only monthly payment.
(05:30):
Yeah clear, I got it. Then I'm getting faster and
faster at it.
Speaker 1 (05:35):
Let me let me get this before we go. I
want to get one off of our plate. So open
this afternoon from two to four. Is on Chapel Road,
twenty sixteen Chapel Road. We've had this one open a
couple of times. We've got a new price five and
twenty five thousand on this which is a fantastic new
(05:56):
price five twenty five. It's thirty six hundred feet, four bedrooms,
two and a half bass on zero point three nine
of an acre and it's on Chapel Road, on the
portion that's between Park Avenue and Shades Crest. Uh. So, uh,
if you want, if you're looking for a lot of
square footage and the Bluff Park Elementary School District five
and a quarter, and that one's going to be open
(06:18):
this afternoon from two to four. All right, you're ready
for me? Now let's let's uh, let's go our first
new listing. All right, so our first new listing of
the week is in Hueytown. One sixty three twenty first Street.
This is in the Vineland Park neighborhood. Built in nineteen
(06:39):
thirty eight. It's a super cute bungalow in Hueytown. Three bedrooms,
one bath, fourteen and forty square feet. And we're asking
one fifty four nine nine. This has a fully fenced backyard.
It's got new paint on the interior, it's got some
new appliances. It is clean as a whistle. We had
(07:02):
we had a nice pressure wash the outside. Get it
rocking and rolling. And then it's got a nice little
shd oh. So one fifty four nine, three bedrooms, one
bath in Hueytown. And and it's gonna be open this
afternoon from two to four. Go see Tony McDaniels. Uh
this afternoon.
Speaker 2 (07:17):
Nice, that's great price, all right? One fifty four nine,
one fifty four to nine Yes, five percent down, Okay,
five percent down. Gusty gets to lead us off.
Speaker 1 (07:29):
Okay, one fifty four nine five percent down. I'm gonna
go with let me go nine one hundred and eleven
dollars nine one one.
Speaker 3 (07:47):
We're gonna go a little higher, okay, like uh ten
ten wins a great radio station in New York City.
Speaker 1 (07:52):
I'm gonna say ten ten.
Speaker 2 (07:54):
The actual payment was nine hundred and six dollars.
Speaker 1 (07:58):
No gusty five dollars off. He let's go all right,
getting it going rock and roll. All right, Let's go
with our next new listing, which is also open this afternoon,
but this one is open from one to three. This
is in Moody and the Krills Crossing neighborhood, ten sixty
five Krill Drive. This one is four bedrooms, three baths,
(08:21):
seventeen hundred and eighty eight square feet on the main level,
eight hundred and sixteen square feet finished in the basement.
Built in twenty twenty one. We're asking four hundred and
fifty thousand for this home. Check this out. Three car garage,
how about that three cargo I'd like to have a
three car garage.
Speaker 2 (08:40):
Always need more space.
Speaker 1 (08:41):
Yeah, and tankless water heater. This one has been decked out.
Uh really, what else do you need? Built in twenty
twenty one, all the updates and uh this listening is
courtesy of Carlo Delberto. So Carla, congratulations on your new
listing and and Carla guse carl see car one to three,
(09:01):
one to three, four hundred and fifty thousand.
Speaker 2 (09:03):
That Tangles water heater is about about worth it.
Speaker 1 (09:05):
It's well, I've never seen a four hundred fifty thousand
dollars tankless water heare.
Speaker 2 (09:10):
It's a good it's a good tipping point. I need
I need to go back to that. They'll spoil you,
but they're great, all right. Sorry, four fifty four fifty
ten percent down, ten percent down, John.
Speaker 3 (09:23):
First, So financing like four hundred and five or so?
Speaker 1 (09:27):
Uh, I don't know.
Speaker 3 (09:32):
Yeah, it's Christmas spirit in the three thousand dollars. I
have no point of reference. Three thousand dollars.
Speaker 1 (09:44):
I'm thinking that might be a hair high. So I'm
gonna go less than that, all right, I'm gonna go
with I'm gonna go with twenty five hundre.
Speaker 2 (10:00):
The actual payment was two thousand, four hundred and ninety
four dollars. He's a bus six dollars.
Speaker 3 (10:07):
Just to get to that one.
Speaker 1 (10:08):
Let's go. I came to play today.
Speaker 2 (10:11):
Evidently two properties, you're only eleven dollars off combined. All right,
you go in a good average right now, there you
go all.
Speaker 1 (10:18):
Right, hey, this is we got one in Mulga twelve
forty one Frederick Road. We have a three bedroom, two
bath manufactured home on one point nine acres eighteen hundred
square feet. We are asking one hundred and thirty thousand
for this metal roof was replaced in twenty twenty two.
(10:39):
It's also got a wood burning fireplace. This listing is
courtesy of FRIEDA. Whitley, So Freida, congratulations on your new listing.
One hundred and thirty thousand dollars.
Speaker 2 (10:49):
One hundred and thirty thousand. Gonna put ten percent down again,
gusty on you. You're up too, toh ten percent down
on one thirty.
Speaker 4 (10:57):
Okay, let's go with seven hundreds and twenty five dollars.
Speaker 3 (11:16):
I'm thinking, uh, great radio station in Atlanta seven fifty WSB,
seven hundred and fifty dollars.
Speaker 1 (11:21):
I'm going with all radio station frequencies. That LAFE one
was tough because there wasn't no frequency in that runk.
I do I like it.
Speaker 2 (11:26):
I like the actual payment seven hundred and twenty dollars.
Manusse gets it.
Speaker 1 (11:34):
Then, baby, I am dollar in.
Speaker 4 (11:37):
You know.
Speaker 1 (11:38):
Let's go all right, Well, let's see what we got next.
All right, this one is in iron. I had to
pull it up, you know. All right, this one is
on Scenic fifty forty four Scenic View Drive, built in
nineteen fifty nine. It's on point seventy four of an acre.
(12:00):
You do get a little bit of a view on
this one. It's on Scenic View Drive. One and sixteen
square feet, three bedrooms, one bath. We are asking two
hundred and thirty thousand for this one. And this listing
is courtesy of Kyle bed Good. So, Kyle, congratulations on
your new listing. And uh, yeah, I've sold this house before.
(12:21):
It's a it's a pretty neat little house.
Speaker 2 (12:22):
Yeah, all right, So two thirty two, thirty five percent down,
five percent down to John to try to keep this
from being a sweet.
Speaker 3 (12:33):
Okay, I'm thinking, am so freaking thinking frequency, sir.
Speaker 1 (12:40):
How about twelve sixty.
Speaker 2 (12:45):
All right?
Speaker 1 (12:46):
And you said three percent down, five percent now five
percent down? All right, let's go with with man, and
I'm gonna go with uh what did he say? Twelve
(13:07):
sixty he's pretty I think he's pretty close. Let's go
twelve forty one.
Speaker 2 (13:18):
The actual payment thirteen forty five. John gets the fourth
one we were and got.
Speaker 1 (13:23):
A little curve.
Speaker 3 (13:25):
Look, yeah, all right, I wasn't that close as just
I was just higher than gusty. Yeah, close enough, you
were closer for shoes and hand grenades. Hey, we do
have some price changes I wanted to talk about. We've
got a new price on our house in River Chase.
We have nine to fifty two to Tulip Poplar Lane
(13:47):
is now four fifty nine nine.
Speaker 1 (13:51):
We mentioned our new price of we dropped this let's
check this out from five sixty to five twenty five
on Chapel Road that we just talked about. We've got
a new price on thirteen oh eight Chester Street, down
from two eighty nine nine to two seventy nine nine.
That's a three bedroom, two bath with eighteen hundred twenty
square feet. The perfect house to put your own like
(14:13):
personal touches to it, paint florin all that. We've also
got let's see in a new price on one oh
nine ninth Court. This is in the Bessemer area three
two for one oh four uh and last but not
least uh second place Northwest twenty five to twenty second
(14:37):
place Northwest. Uh just dropped it to one hundred and
sixty five thousand, so had a few price changes always
like those. Hey, I've got I've got a couple of
buyer needs. I've got somebody looking up to four hundred
thousand in proximity pretty close to Rocky Ridge Road. I've
got somebody looking up to five hundred thousand in Homewood.
(15:00):
I've got multiple people that are looking between one and
two million in the Edgewood Elementary School district. I've also
got somebody looking up to three hundred and fifty thousand
near Graystone, YMCA. And then we've got somebody looking up
to six hundred thousand for a four to three with
at least an acre in North Shelby County with at
(15:21):
least a three thousand square feet. And they prefer the
less there's the better. So there we go. All right,
guess what time it is. That's right, it's testimonial time,
all right, This first one is Tony did an excellent job.
He showed exemplary knowledge of the Birmingham, Alabama market as
(15:43):
he provided multiple showings for multiple listings. Mister McDaniels was
very friendly and exemplified excellent customer service when writing up
the cells offer. Mister McDaniels was available for all questions
related to the cell and of the property through to
closing and presentation of keys to the new home. I
definitely plan on working with Tony on any future real
(16:06):
estate transactions. Thank you well, congratulations on your new home,
and Tony, congratulations on another five star review. And last
but not least for today, this one goes out to Kyle.
Kyle was invaluable during our moving process. We bought a
home with him as our agent as well as selling
(16:27):
our property. He made the process extremely simple. As well
as always being a text away, his response time was
very fast and always helpful. We got a great selling
price for our home and also got a great deal
negotiated for the home we purchased. We tell everyone we
know who is looking to move to give Kyle a call. Well,
thank you so much for the opportunity to help you
(16:49):
find your new home and sell your previous home. And
congratulations to Kyle on another five star review. All right,
like to be the next five star review? Go to
Gustygoulisgroup dot com and uh, we would love the opportunity
to work with you. All right, We're gonna head for
a quick break, y'all. Stay tuned. Ball Bart and soul
(17:12):
to be right back. All right, welcome back to Bob
Bart and Seul. Thanks so much again for joining us.
Speaker 4 (17:19):
And uh, you.
Speaker 1 (17:20):
Know, we like to talk about what we're seeing in
the real estate market, what we're seeing in the mortgage
market and uh and then Brad Smith with Cross Country
Mortgage loves to give us that info on the mortgage side. Brad,
I'm gonna get to you in a minute, but I
want to talk about I'll tell you what open houses.
I had some conversations with some of our agents on
some of our open houses that we had last week.
(17:43):
And we had four open houses and it's it's so interesting,
like we had we had one that had zero people
come through, but then we had another one that had
like twelve groups come through, and so it just you
just never know. Yeah, and so we had one in
mount all of last week that I would that I
held and so I got to meet five groups of
(18:06):
folks at that house. So, you know, I just say like, hey,
if you're if you're kind of you know, out there
interested in the uh in the real estate market, go
to some open houses and check out what's available in
the market. And UH, it's always fun to get to
meet folks when they come up and have those conversations
and you know, try to to me. You know, when
(18:28):
when we have these conversations with somebody, you know, considering
buying a house or selling their house, it's it's it's
like a puzzle for me. I'm trying to figure out,
you know, what's really going to be in their best
case and either trying to find them the right house
that fits whatever their you know, goals are of the
next you know, five, ten, you know whatever years. And
(18:48):
oftentimes people say I want my forever house and I'm like, well,
based on averages, it's gonna be seven years. Your forever
house is going to be seven years, right, That's that's
usually when people are taking to move. But I feel
like the market has been busy. We have just not
seen as many people making offers like we have been
(19:09):
like what we've seen, I'd say, you know, two months
or more ago. I think people are just sitting on
the sideline. They're waiting. And I'll tell you in a
lot of places where I'm seeing is I'm seeing right
now as a buyer's market and a majority of our market,
not not in every location, but a buyer's market and
the majority of our greater Birmingham, Alabama market. The next
(19:32):
piece of it is I'm seeing where sellers are participating
in paying more closing cost, yes, and I'm also seeing
where they're they're trying to work on helping out on
inspections more. So that's, you know, again bringing back to
that buyer's market. But hey, buyers, if you're listening to this, like,
(19:53):
I think you got like four more months of this,
maybe three more months of this, because I think, you know,
after the new year, people are going to get back
in the mix. And I think when March hits, I
think our rates are going to be a little lower.
I know, Brad, you can probably speak a little bit
more to this, but I think March we are going
to start seeing multiple offers again. I think it's gonna
get busy, and buyers, I think you need it. You
(20:14):
need to strike while the iron might not be hot.
Speaker 2 (20:18):
Right so before the real estate's hot.
Speaker 1 (20:20):
So what are you seeing in the mortgage world, my man?
Speaker 2 (20:21):
Yeah, So we're we're kind of trending rate wise in
the same same where we have been. We're still in
those like kind of you know, lower sixes on the
conventional mid upper fives on the on the government faha
via a U, s d A, all that good stuff.
You know. One of the things we're seeing is we're
still getting some pushback from the Fed on kind of
what they're saying or seeing from the Federal Reserve. They
(20:45):
just seem to be missing some of them seem to
be missing the goat the boat on the unemployment numbers
in job market, which it is is glaringly weaker. And
we've still got a couple that are just kind of
burying their head in the sand and act like inflation
is still a problem, and inflations has decreased, it's its
speed and all those things be working out. So but
the biggest issue that's holding us up right now is
(21:07):
this government shutdown. I mean, we're at a record now,
longest the government's ever had a shut.
Speaker 1 (21:11):
Down saw.
Speaker 2 (21:13):
And and it impacts a lot of things that maybe
sometimes you don't think that it would impact or don't
think about. But one of the biggest things that's impacting
right now and going to continue to impact is UH
air traffic controllers. They're not getting paid, so they're gonna
get a paycheck this Friday for zero dollars or let's
pass Friday for zero dollars and still having to work.
So we're seeing as more of them start saying, hey,
(21:37):
are they gonna catch that up. Yeah, they'll get they'll
they'll get back paid on it. But right now they're
not getting paid, and so you're gonna have other people
start doing other things. I have for I gotta drive Uber,
drive Uber or delivered door Dash or go do something
else to make money and get a paycheck for right now,
that's what I'm doing. So some of them aren't working,
and so that's leading to flights being canceled, flights being delayed.
(21:59):
If you go look for a flight right now, they're
gonna be higher than you've probably ever looked at them,
no matter where you're going. It's pretty crazy. So some
of those things are still impacting us. It's where it's
really where it could end up hurting us is if
they don't get it back opened up in this next week,
probably not gonna have a have an opportunity to drop
rates again this year when they meet again in December,
(22:22):
because there has been no collection of the data that's
trailing right now. So when they've been shut down, nobody
there's nobody collecting the data. There's nobody kind of deep
diving the numbers to present to know what you're even
looking at to make a decision on lower and rates.
So the one thing that could give us hiccup is
if they don't get it back open, it could impact
the next FED meeting, impact the way if rates are
(22:43):
going to drop again this year, not on the FED
funds rate.
Speaker 1 (22:46):
And so they're not gonna have some of that data.
Speaker 2 (22:48):
They're not gonna have some of the data, so they're
gonna be trying to piece it back together and do
it fairly quickly. But with all that being said, I mean,
the numbers are still the numbers. Unemployment is increasing, hiring
is slowing, inflation is slowing down to the pace where
they want to get it to. So all those things
are very good for mortgage rates. Another thing is that
(23:10):
the Fed we talked about before, the Feds are gonna
start running off some of the stuff off their balance sheet,
which means they're gonna put more money back into the market,
which means hopefully, you know, that'll go towards the bonds
and hopefully some mortgage backed security at some point, which
will also help decrease the rate. So we're still seeing
all the signs of mortgage rates are going to start
keep coming down, but some of the key indicators we
need from Federal Reserve and some of the government reaction
(23:32):
to it has been halted during this uh record breaking
government shutdown. Yeah, so I mean it's I mean, it's
you know, it's a lot of people trying to figure
out and work through. But so that's where that's where
we're at. Brakes are still good, get on it. I
mean it's time.
Speaker 1 (23:50):
Well, hey, how can people reach out to you?
Speaker 2 (23:52):
Just go to Bradsmith Loans dot com or you can
always hit me up myself one three three four three.
Speaker 1 (23:58):
And you know, let's make that plan of action, whether
bonders selling, gustygooglessgroup dot com, gustygooglessgroup dot com. So when
you think real estate, think Gusty. All right, thanks so
much for joining us. We hope you have an amazing
week and uh see you next time.
Speaker 2 (24:14):
See you next time.
All right, welcome to Bob barn and Soul. Thank you
so much for joining us today. And uh, we've got
from Cross Country Mortgage Brad Smith hanging out in the
studio with us. What's up, Brad? How are you, Bud?
Speaker 2 (00:12):
I'm great? How about you?
Speaker 1 (00:14):
Doing? Good?
Speaker 2 (00:15):
Man? It is It is a festive Sunday morning here
at the broadcast studio.
Speaker 1 (00:20):
So we rolled up into the studio and and lo
and behold they've got this thing decked out and all
of the Christmas gear. And I'll tell you it does
look good. It does. It looks really good.
Speaker 2 (00:32):
I'm ready.
Speaker 1 (00:34):
It's it's kicked me off.
Speaker 2 (00:35):
I'm like, let's go, Yes, get the stockings out and
let's start setting it up.
Speaker 1 (00:40):
When do you start setting up for Christmas?
Speaker 2 (00:43):
I have normally been a, you know, that weekend after Thanksgiving,
but I've gotten to where I kind of like doing
it at the weekend before Thanksgiving because I feel like
Thanksgiving is kind of part of all of it.
Speaker 1 (00:54):
You know, I feel that too, And I think the
perfect time is that weekend before Thanksgiving.
Speaker 2 (00:59):
Yeah, That's where I've kind of messled in because when
you have Thanksgiving, it's fun to already have it up,
I don't know. And then it's so that's kind of.
Speaker 1 (01:07):
Where there's that suspense of like, all right, who's already
gotten gifts? Right? What is already under the tree? And
you know what would be cool to have a you know,
move into a brand new house for Christmas.
Speaker 2 (01:24):
It's like miracle on thirty fourth Street. You get a
house for Christmas.
Speaker 1 (01:26):
So it can bring you a house. Hey, look, if
you're still you know, if you want that house, you know,
move in by Christmas, have the holiday party at your place.
There is still time to make this happen. There is
still time.
Speaker 2 (01:42):
For sure, and time on the still time on the clock,
plenty of time on the Yeah, we got like a
couple of weeks.
Speaker 1 (01:47):
Yeah, yeah, yeah, so yeah, how fun will that be?
H to move into your new place for Christmas?
Speaker 2 (01:54):
And I've had a couple you know we talk about like,
you know, our business does slow down seasonally, and we
can talk about it more in the next tebment, but
but it does have a slight increase in December. And
I think there's a couple of things that go into that. One.
I think people do kind of want to have it,
like get moved in before the holidays, if they know
they're going to be moving anyways. Yeah, I also think, like,
(02:14):
you know, you need that extended time to make them
move sometimes. And a lot of people have backlogged vacation
days or sick days that they use at the end
of the year, and they've got that whole week off
between Christmas and New Year, so they got time to
get the move done. Yeah, and then be settled, get
back to work, get school start back. That's a great points.
It's like a little reset hub, you know, kind of
midway through the kind of before we get back to
(02:35):
the buying cycle. So I see December usually as a
as a pretty good little tick up from like November
and what we're going to get back down to in
January traditionally.
Speaker 1 (02:44):
Yeah, No, I think I really like that. I think
that you know a lot of people have leases that
come up at the end of the year, so they're
trying to you know, get out of that or just
kind of starting the new year fresh, right, so you know,
and and then always, you know what happens at holidays,
you know, sitting at you know, Thanksgiving dinner or you
(03:07):
know Christmas dinner, your holiday dinner, you've got you're talking
about your goals for the next year. M what are
you planning on doing. Are you gonna, you know, get
a new job, or you're gonna move to a different city,
You're going to move to a new house, you know,
or you know all that fun stuff. Are you gonna
get married? Right? I don't think you talk about getting divorced,
but there might be some of that wait wait, wait
(03:29):
till January. But you know a lot of people in
those conversations are starting to like talk about what their
plans are. And you know, I'll tell you what's what's
really crazy is we see our hits on our website.
Usually the day after a holiday like Thanksgiving and Christmas,
the hits to our website spike.
Speaker 2 (03:51):
I believe that one hundred percent because I also just
think there's more people driving around, going to family, going
through different neighborhoods, seeing different signs, Oh and go look
it up or you know it starts. It gets those
wheels turning because they're driving maybe through different areas or
neighborhoods they're not used to or doing do it every day.
But I think those the people out and about more
(04:11):
during those times you get to family or noticing it
and then there said sitting around. Maybe football is on
remember seeing a sign nowther on another looking at so
we need more space, we need to you know they're
on the phone crushing it.
Speaker 1 (04:23):
Yeah, yeah, absolutely, Well, you know, let's let's let's go
ahead and get going on the game. We've got some
open houses this week, We've got some uh we've got
some new listings and uh, I think we should uh
go ahead and get that that going. So i'd love
there is one open house I want to talk about
(04:44):
before we get the game going. But I'd love for
you to talk about the the rules of the game.
And it's gonna be me and John Mounts going head
ahead today.
Speaker 2 (04:54):
Oh yeah, sorry, I got a little distracted. There were
some dark chocolate pe cons in front of me and
I wait, wait a minute.
Speaker 3 (05:00):
You can have those by the way, yeah, eight, most
of them already, but they're still I'm definitely gonna sorry side.
Speaker 1 (05:07):
I could get sidetracked on those kind of things too.
Speaker 2 (05:10):
All right, So rules of the game, Gus, he's gonna
give us the properties of the open houses and coming
soon he's going to go through some of the cool
details and neat things about the property. And then the
Varian and he's going to give us the list price
of the property. I'm going to give a potential down
payment that a bar may make, and then Gusty and John,
we'll gets the thirty year fixed principal interest only monthly payment.
(05:30):
Yeah clear, I got it. Then I'm getting faster and
faster at it.
Speaker 1 (05:35):
Let me let me get this before we go. I
want to get one off of our plate. So open
this afternoon from two to four. Is on Chapel Road,
twenty sixteen Chapel Road. We've had this one open a
couple of times. We've got a new price five and
twenty five thousand on this which is a fantastic new
(05:56):
price five twenty five. It's thirty six hundred feet, four bedrooms,
two and a half bass on zero point three nine
of an acre and it's on Chapel Road, on the
portion that's between Park Avenue and Shades Crest. Uh. So, uh,
if you want, if you're looking for a lot of
square footage and the Bluff Park Elementary School District five
and a quarter, and that one's going to be open
(06:18):
this afternoon from two to four. All right, you're ready
for me? Now let's let's uh, let's go our first
new listing. All right, so our first new listing of
the week is in Hueytown. One sixty three twenty first Street.
This is in the Vineland Park neighborhood. Built in nineteen
(06:39):
thirty eight. It's a super cute bungalow in Hueytown. Three bedrooms,
one bath, fourteen and forty square feet. And we're asking
one fifty four nine nine. This has a fully fenced backyard.
It's got new paint on the interior, it's got some
new appliances. It is clean as a whistle. We had
(07:02):
we had a nice pressure wash the outside. Get it
rocking and rolling. And then it's got a nice little
shd oh. So one fifty four nine, three bedrooms, one
bath in Hueytown. And and it's gonna be open this
afternoon from two to four. Go see Tony McDaniels. Uh
this afternoon.
Speaker 2 (07:17):
Nice, that's great price, all right? One fifty four nine,
one fifty four to nine Yes, five percent down, Okay,
five percent down. Gusty gets to lead us off.
Speaker 1 (07:29):
Okay, one fifty four nine five percent down. I'm gonna
go with let me go nine one hundred and eleven
dollars nine one one.
Speaker 3 (07:47):
We're gonna go a little higher, okay, like uh ten
ten wins a great radio station in New York City.
Speaker 1 (07:52):
I'm gonna say ten ten.
Speaker 2 (07:54):
The actual payment was nine hundred and six dollars.
Speaker 1 (07:58):
No gusty five dollars off. He let's go all right,
getting it going rock and roll. All right, Let's go
with our next new listing, which is also open this afternoon,
but this one is open from one to three. This
is in Moody and the Krills Crossing neighborhood, ten sixty
five Krill Drive. This one is four bedrooms, three baths,
(08:21):
seventeen hundred and eighty eight square feet on the main level,
eight hundred and sixteen square feet finished in the basement.
Built in twenty twenty one. We're asking four hundred and
fifty thousand for this home. Check this out. Three car garage,
how about that three cargo I'd like to have a
three car garage.
Speaker 2 (08:40):
Always need more space.
Speaker 1 (08:41):
Yeah, and tankless water heater. This one has been decked out.
Uh really, what else do you need? Built in twenty
twenty one, all the updates and uh this listening is
courtesy of Carlo Delberto. So Carla, congratulations on your new
listing and and Carla guse carl see car one to three,
(09:01):
one to three, four hundred and fifty thousand.
Speaker 2 (09:03):
That Tangles water heater is about about worth it.
Speaker 1 (09:05):
It's well, I've never seen a four hundred fifty thousand
dollars tankless water heare.
Speaker 2 (09:10):
It's a good it's a good tipping point. I need
I need to go back to that. They'll spoil you,
but they're great, all right. Sorry, four fifty four fifty
ten percent down, ten percent down, John.
Speaker 3 (09:23):
First, So financing like four hundred and five or so?
Speaker 1 (09:27):
Uh, I don't know.
Speaker 3 (09:32):
Yeah, it's Christmas spirit in the three thousand dollars. I
have no point of reference. Three thousand dollars.
Speaker 1 (09:44):
I'm thinking that might be a hair high. So I'm
gonna go less than that, all right, I'm gonna go
with I'm gonna go with twenty five hundre.
Speaker 2 (10:00):
The actual payment was two thousand, four hundred and ninety
four dollars. He's a bus six dollars.
Speaker 3 (10:07):
Just to get to that one.
Speaker 1 (10:08):
Let's go. I came to play today.
Speaker 2 (10:11):
Evidently two properties, you're only eleven dollars off combined. All right,
you go in a good average right now, there you
go all.
Speaker 1 (10:18):
Right, hey, this is we got one in Mulga twelve
forty one Frederick Road. We have a three bedroom, two
bath manufactured home on one point nine acres eighteen hundred
square feet. We are asking one hundred and thirty thousand
for this metal roof was replaced in twenty twenty two.
(10:39):
It's also got a wood burning fireplace. This listing is
courtesy of FRIEDA. Whitley, So Freida, congratulations on your new listing.
One hundred and thirty thousand dollars.
Speaker 2 (10:49):
One hundred and thirty thousand. Gonna put ten percent down again,
gusty on you. You're up too, toh ten percent down
on one thirty.
Speaker 4 (10:57):
Okay, let's go with seven hundreds and twenty five dollars.
Speaker 3 (11:16):
I'm thinking, uh, great radio station in Atlanta seven fifty WSB,
seven hundred and fifty dollars.
Speaker 1 (11:21):
I'm going with all radio station frequencies. That LAFE one
was tough because there wasn't no frequency in that runk.
I do I like it.
Speaker 2 (11:26):
I like the actual payment seven hundred and twenty dollars.
Manusse gets it.
Speaker 1 (11:34):
Then, baby, I am dollar in.
Speaker 4 (11:37):
You know.
Speaker 1 (11:38):
Let's go all right, Well, let's see what we got next.
All right, this one is in iron. I had to
pull it up, you know. All right, this one is
on Scenic fifty forty four Scenic View Drive, built in
nineteen fifty nine. It's on point seventy four of an acre.
(12:00):
You do get a little bit of a view on
this one. It's on Scenic View Drive. One and sixteen
square feet, three bedrooms, one bath. We are asking two
hundred and thirty thousand for this one. And this listing
is courtesy of Kyle bed Good. So, Kyle, congratulations on
your new listing. And uh, yeah, I've sold this house before.
(12:21):
It's a it's a pretty neat little house.
Speaker 2 (12:22):
Yeah, all right, So two thirty two, thirty five percent down,
five percent down to John to try to keep this
from being a sweet.
Speaker 3 (12:33):
Okay, I'm thinking, am so freaking thinking frequency, sir.
Speaker 1 (12:40):
How about twelve sixty.
Speaker 2 (12:45):
All right?
Speaker 1 (12:46):
And you said three percent down, five percent now five
percent down? All right, let's go with with man, and
I'm gonna go with uh what did he say? Twelve
(13:07):
sixty he's pretty I think he's pretty close. Let's go
twelve forty one.
Speaker 2 (13:18):
The actual payment thirteen forty five. John gets the fourth
one we were and got.
Speaker 1 (13:23):
A little curve.
Speaker 3 (13:25):
Look, yeah, all right, I wasn't that close as just
I was just higher than gusty. Yeah, close enough, you
were closer for shoes and hand grenades. Hey, we do
have some price changes I wanted to talk about. We've
got a new price on our house in River Chase.
We have nine to fifty two to Tulip Poplar Lane
(13:47):
is now four fifty nine nine.
Speaker 1 (13:51):
We mentioned our new price of we dropped this let's
check this out from five sixty to five twenty five
on Chapel Road that we just talked about. We've got
a new price on thirteen oh eight Chester Street, down
from two eighty nine nine to two seventy nine nine.
That's a three bedroom, two bath with eighteen hundred twenty
square feet. The perfect house to put your own like
(14:13):
personal touches to it, paint florin all that. We've also
got let's see in a new price on one oh
nine ninth Court. This is in the Bessemer area three
two for one oh four uh and last but not
least uh second place Northwest twenty five to twenty second
(14:37):
place Northwest. Uh just dropped it to one hundred and
sixty five thousand, so had a few price changes always
like those. Hey, I've got I've got a couple of
buyer needs. I've got somebody looking up to four hundred
thousand in proximity pretty close to Rocky Ridge Road. I've
got somebody looking up to five hundred thousand in Homewood.
(15:00):
I've got multiple people that are looking between one and
two million in the Edgewood Elementary School district. I've also
got somebody looking up to three hundred and fifty thousand
near Graystone, YMCA. And then we've got somebody looking up
to six hundred thousand for a four to three with
at least an acre in North Shelby County with at
(15:21):
least a three thousand square feet. And they prefer the
less there's the better. So there we go. All right,
guess what time it is. That's right, it's testimonial time,
all right, This first one is Tony did an excellent job.
He showed exemplary knowledge of the Birmingham, Alabama market as
(15:43):
he provided multiple showings for multiple listings. Mister McDaniels was
very friendly and exemplified excellent customer service when writing up
the cells offer. Mister McDaniels was available for all questions
related to the cell and of the property through to
closing and presentation of keys to the new home. I
definitely plan on working with Tony on any future real
(16:06):
estate transactions. Thank you well, congratulations on your new home,
and Tony, congratulations on another five star review. And last
but not least for today, this one goes out to Kyle.
Kyle was invaluable during our moving process. We bought a
home with him as our agent as well as selling
(16:27):
our property. He made the process extremely simple. As well
as always being a text away, his response time was
very fast and always helpful. We got a great selling
price for our home and also got a great deal
negotiated for the home we purchased. We tell everyone we
know who is looking to move to give Kyle a call. Well,
thank you so much for the opportunity to help you
(16:49):
find your new home and sell your previous home. And
congratulations to Kyle on another five star review. All right,
like to be the next five star review? Go to
Gustygoulisgroup dot com and uh, we would love the opportunity
to work with you. All right, We're gonna head for
a quick break, y'all. Stay tuned. Ball Bart and soul
(17:12):
to be right back. All right, welcome back to Bob
Bart and Seul. Thanks so much again for joining us.
Speaker 4 (17:19):
And uh, you.
Speaker 1 (17:20):
Know, we like to talk about what we're seeing in
the real estate market, what we're seeing in the mortgage
market and uh and then Brad Smith with Cross Country
Mortgage loves to give us that info on the mortgage side. Brad,
I'm gonna get to you in a minute, but I
want to talk about I'll tell you what open houses.
I had some conversations with some of our agents on
some of our open houses that we had last week.
(17:43):
And we had four open houses and it's it's so interesting,
like we had we had one that had zero people
come through, but then we had another one that had
like twelve groups come through, and so it just you
just never know. Yeah, and so we had one in
mount all of last week that I would that I
held and so I got to meet five groups of
(18:06):
folks at that house. So, you know, I just say like, hey,
if you're if you're kind of you know, out there
interested in the uh in the real estate market, go
to some open houses and check out what's available in
the market. And UH, it's always fun to get to
meet folks when they come up and have those conversations
and you know, try to to me. You know, when
(18:28):
when we have these conversations with somebody, you know, considering
buying a house or selling their house, it's it's it's
like a puzzle for me. I'm trying to figure out,
you know, what's really going to be in their best
case and either trying to find them the right house
that fits whatever their you know, goals are of the
next you know, five, ten, you know whatever years. And
(18:48):
oftentimes people say I want my forever house and I'm like, well,
based on averages, it's gonna be seven years. Your forever
house is going to be seven years, right, That's that's
usually when people are taking to move. But I feel
like the market has been busy. We have just not
seen as many people making offers like we have been
(19:09):
like what we've seen, I'd say, you know, two months
or more ago. I think people are just sitting on
the sideline. They're waiting. And I'll tell you in a
lot of places where I'm seeing is I'm seeing right
now as a buyer's market and a majority of our market,
not not in every location, but a buyer's market and
the majority of our greater Birmingham, Alabama market. The next
(19:32):
piece of it is I'm seeing where sellers are participating
in paying more closing cost, yes, and I'm also seeing
where they're they're trying to work on helping out on
inspections more. So that's, you know, again bringing back to
that buyer's market. But hey, buyers, if you're listening to this, like,
(19:53):
I think you got like four more months of this,
maybe three more months of this, because I think, you know,
after the new year, people are going to get back
in the mix. And I think when March hits, I
think our rates are going to be a little lower.
I know, Brad, you can probably speak a little bit
more to this, but I think March we are going
to start seeing multiple offers again. I think it's gonna
get busy, and buyers, I think you need it. You
(20:14):
need to strike while the iron might not be hot.
Speaker 2 (20:18):
Right so before the real estate's hot.
Speaker 1 (20:20):
So what are you seeing in the mortgage world, my man?
Speaker 2 (20:21):
Yeah, So we're we're kind of trending rate wise in
the same same where we have been. We're still in
those like kind of you know, lower sixes on the
conventional mid upper fives on the on the government faha
via a U, s d A, all that good stuff.
You know. One of the things we're seeing is we're
still getting some pushback from the Fed on kind of
what they're saying or seeing from the Federal Reserve. They
(20:45):
just seem to be missing some of them seem to
be missing the goat the boat on the unemployment numbers
in job market, which it is is glaringly weaker. And
we've still got a couple that are just kind of
burying their head in the sand and act like inflation
is still a problem, and inflations has decreased, it's its
speed and all those things be working out. So but
the biggest issue that's holding us up right now is
(21:07):
this government shutdown. I mean, we're at a record now,
longest the government's ever had a shut.
Speaker 1 (21:11):
Down saw.
Speaker 2 (21:13):
And and it impacts a lot of things that maybe
sometimes you don't think that it would impact or don't
think about. But one of the biggest things that's impacting
right now and going to continue to impact is UH
air traffic controllers. They're not getting paid, so they're gonna
get a paycheck this Friday for zero dollars or let's
pass Friday for zero dollars and still having to work.
So we're seeing as more of them start saying, hey,
(21:37):
are they gonna catch that up. Yeah, they'll get they'll
they'll get back paid on it. But right now they're
not getting paid, and so you're gonna have other people
start doing other things. I have for I gotta drive Uber,
drive Uber or delivered door Dash or go do something
else to make money and get a paycheck for right now,
that's what I'm doing. So some of them aren't working,
and so that's leading to flights being canceled, flights being delayed.
(21:59):
If you go look for a flight right now, they're
gonna be higher than you've probably ever looked at them,
no matter where you're going. It's pretty crazy. So some
of those things are still impacting us. It's where it's
really where it could end up hurting us is if
they don't get it back opened up in this next week,
probably not gonna have a have an opportunity to drop
rates again this year when they meet again in December,
(22:22):
because there has been no collection of the data that's
trailing right now. So when they've been shut down, nobody
there's nobody collecting the data. There's nobody kind of deep
diving the numbers to present to know what you're even
looking at to make a decision on lower and rates.
So the one thing that could give us hiccup is
if they don't get it back open, it could impact
the next FED meeting, impact the way if rates are
(22:43):
going to drop again this year, not on the FED
funds rate.
Speaker 1 (22:46):
And so they're not gonna have some of that data.
Speaker 2 (22:48):
They're not gonna have some of the data, so they're
gonna be trying to piece it back together and do
it fairly quickly. But with all that being said, I mean,
the numbers are still the numbers. Unemployment is increasing, hiring
is slowing, inflation is slowing down to the pace where
they want to get it to. So all those things
are very good for mortgage rates. Another thing is that
(23:10):
the Fed we talked about before, the Feds are gonna
start running off some of the stuff off their balance sheet,
which means they're gonna put more money back into the market,
which means hopefully, you know, that'll go towards the bonds
and hopefully some mortgage backed security at some point, which
will also help decrease the rate. So we're still seeing
all the signs of mortgage rates are going to start
keep coming down, but some of the key indicators we
need from Federal Reserve and some of the government reaction
(23:32):
to it has been halted during this uh record breaking
government shutdown. Yeah, so I mean it's I mean, it's
you know, it's a lot of people trying to figure
out and work through. But so that's where that's where
we're at. Brakes are still good, get on it. I
mean it's time.
Speaker 1 (23:50):
Well, hey, how can people reach out to you?
Speaker 2 (23:52):
Just go to Bradsmith Loans dot com or you can
always hit me up myself one three three four three.
Speaker 1 (23:58):
And you know, let's make that plan of action, whether
bonders selling, gustygooglessgroup dot com, gustygooglessgroup dot com. So when
you think real estate, think Gusty. All right, thanks so
much for joining us. We hope you have an amazing
week and uh see you next time.
Speaker 2 (24:14):
See you next time.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.