All Episodes

June 16, 2025 14 mins

Send us a text

The real estate market experiences volatility due to the Israel-Iran conflict while navigating inaccurate market reporting and dealing with predictions for future appreciation rates. 

• Interest rates fluctuated between 7.5% and 6.375% last week due to the Israel-Iran conflict affecting oil prices and bond rates
• Current mortgage rates are just under 7% at 6.875% for 30-year conventional with good credit and good down payment
• Government borrowing to fund conflict involvement affects 10-year treasury rates, which impacts mortgage interest rates
• The Fed meeting announcement comes Wednesday with predictions of no rate decrease
• Redfin's report claiming 500,000 more sellers than buyers is inaccurate and being picked up by major media outlets
• Real estate professionals should educate clients about market realities versus media narratives

• Coach John Dietz offers free "Survive to Thrive" calls every morning at 8am CST with script practice and educational content. Open to any agent from any brokerage. Send me a message for the link to join!

Reach out to us if you need help with coaching, mentorship, objection handling, or joining educational calls regardless of what state you're in or what brokerage you're with.


Support the show

Nothing Changes if Nothing Changes - Awaken your Awareness today!!

Grab my eBook in my Stan.Store/AngieGerber

Now's The Time - no matter where you are, where you have been, or your current results - By becoming more aware and following a process, you can have whatever it is you truly desire!

Schedule a free discovery call with me.
I would love to learn more about your goals, dreams, and desires!!

https://calendly.com/angiegerber/zoom-call-15-minutes


Check out my YouTube Channel - So many ways to stay connected and plugged in!
AGCoaching@agcoaching684

With Gratitude -

Angie Gerber
https://stan.store/AngieGerber
angiegerber@gmail.com

⬜ JOIN MY TIKTOK : https://www.tiktok.com/@agcoaching4life
🟧 FOLLOW AND LIKE MY FACEBOOK ACCT : https://www.facebook.com/angie.gerber.5/
🟫 FOLLOW ME ON MY INSTAGRAM : https://www.instagram.com/angie.gerber.5/

Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Welcome everyone to the Monday Market Update, june
16th.
Nikki, what you got for us.

Speaker 2 (00:08):
Well, hello everyone and welcome to Monday Update.
So we had quite an interestingweek last week with interest
rates and kind of just somevolatility.
That happened mostly as aresult of the Israel-Iran
conflict that's happening rightnow.
So the very important thingthat's going to affect interest
rates with that conflict isgoing to be the price of oil and
our access to oil.

(00:29):
And so what happens is, as ouraccess to oil is kind of
questioned or we don't knowwhether, where we're going to
get the oil from, et cetera, asthose things happen overseas and
we have some uncertainty in theUnited States of where our oil
is going to be, it affects bondrates, which in turn affects
mortgage interest rates.
So all last week we sawanywhere from 7.5 down to like

(00:52):
6.375 in the week, doing thisthing basically the whole time.
So today we are a little bitmore stable.
We're just under 7% at6.875-ish on a 30-year
conventional mortgage for goodcredit and good down payments
etc.
And so we are still under that7% mark, but it is definitely
kind of testing that ceiling andkind of pushing it.

(01:14):
It might push us over 7%.
So it's important for us tounderstand that if the conflict
in Iran and Israel escalates andthe US needs to get involved.
The money that the US needs toget involved is borrowed.
When that money becomesborrowed, the 10-year treasury
is affected.
When the 10-year treasury isaffected, we want to borrow at
the lowest interest ratepossible.

(01:34):
So that means that a lot oftimes, there are immediate
adjustments to the interest ratefor the better in the mortgage
industry simply because on theother side, the government is
borrowing funds in order to fundwhat they need to do from a
conflict standpoint.
So something that we'redefinitely going to be keeping
an eye on in the next coupleweeks.
If this does escalate Not greatfor the world, Obviously, we

(01:57):
all know that, but could be alittle bit more of a bump to
mortgage interest rates justbased on the idea of borrowing
and what that does to the10-year treasury bond.
And so we want to borrow, likeI said, at the lowest interest
rate possible from a governmentstandpoint and therefore things
get affected.
This week we also have the Fedmeeting, which we will get that
announcement on Wednesday.
They're saying there's a 0%chance of them lowering the

(02:17):
interest rate.
However, with volatility and theconflict rising, we don't
really know.
So you know, it's kind of oneof those things where, I think,
over the last 12 months, andespecially into the last 18
months, a lot of the experts andthe predictions that were
supposed to happen just haven'tcame true, because there's been
so many other things that haveaffected the interest rates,
affected the economy, thatpeople weren't expecting, and

(02:40):
therefore they just don't reallyknow what to predict.
So the other thing I wanted toshift over to is I mentioned a
couple weeks ago how Redfin hadcame out with a report talking
about how there's more there'sabout 500,000 more sellers than
there are buyers in the market,and kind of as a fear tactic to
kind of slow down that housingor to get buyers to kind of say

(03:01):
oh, it's my time, it's my market, I can do what I want or ask
for anything when it comes to apurchase standpoint, and so,
therefore, with that data, wetalked about the inaccuracies of
it and how there's justbasically no way to predict how
many buyers are actually in themarket, because it has to do
with how serious they are, andwhat are they predicting, like

(03:22):
how many times people haveclicked on Zillow.
I mean, there's just no realway of telling it.
Unfortunately, that story,though, has been picked up by
the Wall Street Journal, sowe're gonna start seeing it come
out in the media.
So it's important as realestate agents and as loan
officers or people who areinvolved in the real estate
market, to understand that thatreport is just grossly
inaccurate and to talk aboutshift the conversation from

(03:43):
here's what I heard on the newsto here's the reality.
And the reality is is what isthat individual person's
strategy?
What is important to them?
We are in an environment rightnow where I believe we are
helping people who need totransact, not people who want to
, but people who need to,whether that be because they
need a larger house for agrowing family, they have kids
going off to college, so they'redownsizing, they need to access

(04:06):
the equity out of their home,whatever that is.
We're helping people in thismarket that need to transact,
not necessarily those that justhappen to think it's a good idea
.
You know so, in my experienceI've seen a lot less first time
home buyers come out on themarket, you know, this year than
I had in the past, and it'sreally those people and those
past clients or past clientreferrals that actually really

(04:26):
need to transact in one way,shape or form.
So, bringing that conversationfrom the broader of.
Here's what I heard in the news, down to what's your individual
situation.
I think it's going to be veryimportant in the next couple
months.
The last thing I will tell youis that the predictions for
appreciation this year and nextyear came out from Fannie Mae's

(04:47):
survey.
That they do so what.
Fannie Mae does is they do thissurvey of the economic experts
in the field of real estate andthey talk to them about from a
financial standpoint, et cetera,what their opinion is, and then
they aggregate a bunch of datafrom sales and offers and list
prices and all these things andthey say, okay, here's what we
predict the appreciation isgoing to be, and list prices and
all these things, and they say,okay, here's what we predict
the appreciation is gonna be.
So Barry Habib, who is one ofthe main sources of money you

(05:11):
know information from a mortgagestandpoint is calling his
prediction and he's been rightthree of the last four years on
his prediction on what theappreciation rates are.
So he's saying in 2025, hepredicts that there's about 3.4%
appreciation.
So on a $500,000 home, that's$17,000.
And he's predicting 19%appreciation in homes in 2026.

(05:33):
So that's a little bit extreme,that's a lot.
So it's one of those thingswhere that's a jump from a 3.4
number, which I believe isrealistic for this year, but to
19% next year.
So we'll kind of wait and seeon that one, but I do think that
the 3.4% number sounds prettyaccurate based on what we know
so far halfway through the yearand what we can tell from buys

(05:54):
and sells.
Even though I was talking aboutjust last week about how prices
are having price cuts beforehomes will actually sell, we
still think that, even thatwe're going to be at 3.4%
because, if you think about it,those list prices are probably
in the 5% to 6% appreciationrange, so they're going to have
to come down a little bit beforethey sell.
So a lot of information, a lotof things going on, but right

(06:16):
now, from an individualstandpoint, from a rate
standpoint, we're sitting okay,we're good.

Speaker 1 (06:22):
Well, wonderful, and that's exactly why we have you
on.
So thank you so much for all ofthat great information.
One thing I want to touch on onmy side of the street is with
the media and the news.
So this, again, is where we getto stand out as the agents that
people want to come to, thatwe're out there educating.

(06:44):
So so many agents that I knowthat do business at a really
high level are the agents thatare educating online, that are
raising questions and being thego-to person.
They're not the ones justholding, just sold signs, just
this.
You know that, which is greatas well.
I think that we can shake it upas agents, however, be the one

(07:07):
out there educating, and I'mtalking like take the Wall
Street Journal article and printit off, or copy and paste it,
put it on your feed andhighlight every inaccuracy and
talk to it, or do.
You could have the next couplemonths, if not quarter, of
content by just taking pieces,bits and pieces every day and

(07:33):
doing the truth bombs, or doingthis is what it says in
actuality.
And then, just like we did incollege or high school, you had
to do this big essay cite yoursource, cite where you're
getting the correct informationfrom, and take this information
and debunk it and make it very,very clear, and I'm sure, nikki,
you'll probably be doing thattoo.

(07:53):
So, like I've said in the past,follow Nikki, duet, stitch, rip
and rip, rip off, rinse andrepeat all of her information,
because we need to.

Speaker 2 (08:03):
Yeah, absolutely, and it's, you know, being an expert
, or you know, doing theresearch and doing the extra
time to be the expert, or evenif you don't want to call
yourself the expert, to bringvalue to those around you is is
what is going to help us targetthose clients who are going to
be transacting during this time.
Um, it's, I've seen a hugeshift in the people that are

(08:24):
actually transacting.
I get calls and it's like I gotto get this done.
Now I have 24 hours to makethis offer on this house.
You know things of that nature.
It's getting to the point wherewe need to do this.
Um, I have a lot of debt I needto transact.
I have, you know, I want tomove my mom's in bad health.
You know things of that naturewhere people need to transact
right now and they need totransact in any market.

(08:44):
It's like how can we bringvalue so that the people that do
need to transact they think ofus first?
It's like going to the samedentist.
We want them to go to the sameloan officer.
We want them to go to the samerealtor.

Speaker 1 (08:54):
And if we show them, we make them see, feel seen and
heard and they can trust us.
That's it.
So definitely show that you'rethere for them and your your
source and you want to be thefirst person that they think of
whenever anything real estatecomes up, whether it's a

(09:14):
coworker, a family member, theyneed someone and stay on top of
mind, and this is a hugeopportunity for you to do that.
So, yes, I love, I love thatthat you brought that up and it
will get some really goodconversations going and I'll
tell you, some of it will be,most of it will be positive and
some of it will be negative, butit's how you have those

(09:36):
conversations and how you showup and you stay neutral, you
don't get triggered, you justdeliver the facts and I think
it's very important and letother people be who they are.
If it's not in alignment withyou, just keep scrolling, please
.
Absolutely.
That are going to go nowhere,but yeah, and then, one other

(09:56):
thing I wanted to do is I wantedto shout out John Dietz, a very
amazing coach that's here ateXp.
He runs a call it's calledSurvive to Thrive Call every
morning at 8 am.
Central Standard Time, 9Eastern, and I just want to
encourage every agent it doesn'tmatter where you're at in your

(10:19):
career, what brokerage you're at, everyone is invited to that
and he runs script practice orobjection handling or whatever
you want to call it on Monday,wednesday, friday and Tuesday.
And Thursday is a learning andeducational free call and he is

(10:40):
one of the top coaches in thecountry.
He comes from a backgroundwhere he sold I think it was
over 100 listings a year justhim, I mean, just a phenomenal
human being, realtor andeducator.
So if you want that information, I'm joining those calls.
I script practice with threeother people from various states

(11:03):
across the country.
It's just phenomenal.
So I really really think thatanyone that wants to just stay
on top of their craft a lot ofpeople that are on that call and
have been on that call can theysay that it's because of that
call that they've gottenlistings.
Are they knew what to say?
So if you are not practicingyour objections, if you're not

(11:28):
knowing how to handle them andyou don't have a person, a lot
of people like, well, I don'thave a script partner, I don't
know where to go.
Join this call.
It's every day, monday throughFriday.
Reach out to me, I'll inviteyou, I'll get you the link and
I'll make sure you get on, but Ithink that it's a very valuable
opportunity for us as well, andwith you, nikki, coming here

(11:48):
every week and giving us theseupdates, we need to stay up to
date on the objections of what'sout there and what you're
delivering, nikki, to us.
It is just so spot on and howwe can rise to the top for sure.

Speaker 2 (12:01):
So thank you.
Even people who've had a ton ofcoaching can still use coaching
.

Speaker 1 (12:07):
Yes, every day.
And I love about this one.
I told John, I called him and Idid a personal call to him, and
I'm just like.
I just want you to know that Ilearned something every time
that I'm on these calls orwhenever I'm in a room with you.
Because if you go about thatand I love that you bring that
up, because everyone we come incontact with is both our student

(12:27):
and our teacher we all canlearn from each other if you
just come from that mindset andlook for it.
So, absolutely yes.
And you know what, nikki?
To be quite honest, it's thetop of the top that are still
learning, and they're the onesthat know more than anyone else
that pouring into themselves andreinvesting in themselves is

(12:49):
only going to keep them thereand get them better.
So, every day, 1% better everyday, like I say, and that you'll
need a telescope to look backand see who you are today.
So, and it's free, it's free.
This should be thousands ofdollars a month.
I'm not even kidding you thevalue you get from john, so yeah
, and the people in the room,it's just phenomenal, so awesome

(13:12):
.
That's my plug for today.
Nice well, nikki, as usual, youput your information in the
chat.
I'm gonna I'm gonna go aheadand copy this.
I'll put this in the livestream for the people that are
watching on um workplace, on eXp, and then I'll also put it in
the notes on my podcast and theYouTube channel.

(13:32):
Reach out to Nikki if you needanything at all uh, me, coaching
, mentorship, objection,handling, getting on John
Dietz's call.

Speaker 2 (13:41):
Reach out to me and I'll get you the info for sure,
no matter what state you're in,we can always help, absolutely.

Speaker 1 (13:47):
Love it.
Well, thanks, nikki, we'll seeyou next week.
And you have a good one, allright, bye, you guys, bye.
Advertise With Us

Popular Podcasts

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

The Breakfast Club

The Breakfast Club

The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy And Charlamagne Tha God!

The Joe Rogan Experience

The Joe Rogan Experience

The official podcast of comedian Joe Rogan.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.