The news is back! After we had such a great response from our last "All News" episode, we thought that we'd do another one. This episode is chock full of interesting real estate news and views.
We start off with a conversation regarding whether or not foreign buyers are the cause of the lack of inventory we are now seeing in the market. Turns out -- not so much... Even if the source telling us has a very silly name and Tom doesn't completely trust it, either (I mean, "BuzzBuzz?" -- c'mon!). It does appear that buyers from other countries are not grabbing up properties like they used to and Tom gives reasons why this is no surprise to him at all.
Next up is a story regarding the news that the Fed's Robert Kaplan is sticking to his forecast that there will be two more rate hikes in the coming year, which leads to a conversation about Fannie Mae relaxing its regulations on potential buyers that carry student debt. Both Tom and Ron are optimistic about the move and hope that it is a shot in the arm to get Millenials off the bench and into the game.
And last, but not least, we take a trip into Margaritaville! Everyone's favorite "parrot head," Jimmy Buffett is expanding his empire to include developing a retirement community for baby boomers. We take a look at the project and how he has found ways to appeal to this generation throughout his career -- all from just a catchy tune and a whole lot of really smart entrepreneurism.
We hope that you enjoy this episode as much as we did making it. Please, please, please... Leave comments below to let us know what you think! And we'd be so grateful if you'd take a moment and leave a review on iTunes, too!