economicforecast

Inflation persists impacting mortgage interest rates, and inventory is still scarce. But WFG Chairman and Founder Patrick Stone believes in the builders and an improving interest rate environment as we move through the year. In this episode, he delivers an upbeat forecast, but cautions there are several wildcards that could impact the economy and the real estate market conditions.

In a challenging time, its easy to be lured into social media posts, dire predictions and gossip about the economy and the real estate market. We are experiencing an unprecedented period, and while the circumstances may be different this time, its nothing new for our industry. In this download, WFG Chairman & Founder Patrick Stone calms concerns about market conditions and offers advice looking forward.

This week, we bring on four guests to share their quick insight on current economic and market conditions. Joining us: Jim Awad - Senior Managing Director at Clearstead Advisors, Matt Matigian - CEO of Blue World Asset Managers, Jack Ablin - Chief Investment Officer at Cresset Capital and Chuck Carlson, CEO of Horizon Investment Services. 

The spring real estate season has arrived but there hasn't been much change in market conditions. Mortgage rates are still higher than most consumers would like, housing inventory remains low, and until we see a significant uptick in construction these market conditions will hold. How long until things get moving again? What concerns are there in the meantime? In this episode, WFG Chairman & Founder Patrick Stone offers insight and direction.

No one expects 2023 to be a good year in the real estate industry. So if you haven't already made the tough decisions, now is the time. In this episode, WFG Founder & Executive Chairman Patrick Stone offers a blunt assessment of the market and advice on how to manage through it. He also offers an optimistic outlook for the latter half of next year- with an asterisk.

It's almost impossible to ignore the real estate and economic headlines. If we're not already in a recession, we're on the verge, and there appears to be no end in sight to rising rates and energy prices. So what is the timeline? How long will this market downturn last? And how will we rebound and return to business as usual- if there is such a thing in the real estate industry! For answers, we call on WFG Founder & Executive Chairman Patrick Stone, who sets the record straight and pulls no punches on the pundits.

Inflation appears to be cooling, albeit slowly- just as WFG Founder & Executive Chairman Patrick Stone predicted in previous episodes. Now, it's time for a check up from the neck up: Try to ignore sensational headlines and focus instead on improving your business while you have time. In this episode, Patrick offers his checklist for what you should be doing now to prepare yourself and your business for the next upswing in the market.

Inflation is raging, rates are on a rollercoaster and a recession is looming, or may have already arrived. But that's not necessarily bad news for the real estate market, as consumers and the industry welcomes an uptick in inventory while adjusting to higher rates. In this episode, WFG Founder & Executive Chairman Patrick Stone corrects the headlines, adds perspective and offers an outlook as we navigate through these uncertain times.

Many "experts" are calling current conditions a housing bubble and predicting a significant reset in the real estate market. But while inflation rages, rates rise and segments of the economy slow, WFG Founder and Executive Chairman Patrick Stone shares why real estate prices will remain elevated. That doesn't mean the market won't be challenging, and Pat also shares his outlook and advice for the remainder of 2022.

Inflation and high gas prices are impacting consumer spending habits. Mortgage rates have spiked to their highest levels since 2008. Supply chains are still impacted by lockdowns in China, and Russia's war on Ukraine has rocked the commodities market. Now, as the Fed raises rates to fight inflation, what will the impact be on the housing market? For that answer and much more, we call on WFG Founder & Executive Chairman Patrick Stone's perspective.

With inflation pegging the meter at rates not seen since the 1980's, the Fed will be forced to raise rates. The questions are how much, how quickly, and what the impact will be on longer-term mortgage interest rates and the red hot housing market. In this episode, WFG Founder & Executive Chairman Patrick Stone addresses the hype in media reports, provides perspective on the housing market, and previews a more in-depth forecast coming in March.