SUMMARY: A hotter-than-expected jobs report pushes up rates, after two busy weeks it's a slow week for economic data, and New Hanover County Commissioner Dane Scalise joins the program to discuss.... 8:35 Property tax debate 17:55 Core services (needs vs wants) 20:15 Road confusion 23:10 Property tax rate hikes impact everyone 25:17 The Endowment's role 29:20 The balance of development & protecting the community 35:50 The importance of green space 40:20 Downtown is ripe for more development ...
Jul 07, 2025•55 min
SUMMARY: Mortgage rates rise on a strong job openings report, Powell's comments on a July rate cut, and the passage of Trump's Big Beautiful Bill. Private payrolls see the first decline since March 2023 in June and rents in Wilmington fall for the 26th straight month but that could be coming to an end in July... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Jul 02, 2025•28 min
SUMMARY: Busy day in Washington as the Senate votes on Trump's Big Beautiful Bill, Senator Thom Tillis announces his retirement on Sunday, President Trump goes on another rant about Jerome Powell, it's a short jobs week, and housing affordability worsens in Wilmington in the second quarter... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Jun 30, 2025•24 min
SUMMARY: Rates fell this week as the economy retraced more in the first quarter than orignally thought, PCE comes in slightly hotter than expected but personal income was a big miss, new home sales plummet in May, and pending home sales give some hope for a better housing market than last year... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Jun 27, 2025•29 min
SUMMARY: Rates fall slightly to start the week thanks to optimism from the Federal Reserve that we could see a rate cut sooner rather than later, consumer confidence dissapoints in June, and Wilmington's housing market shows signs of slowing... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Jun 25, 2025•29 min
SUMMARY: A rare busy Monday show as we break down the impact the US attacking Iran will have on markets, the Trump administration's pressure campaign on Powell, and the busy week ahead for inflation and housing data. Heather Ashworth, Broker at Nest Realty, joined the program to discuss the impact one year later from the NAR lawsuit, whether it's a buyer or seller's market, how the market has changed from the hot COVID housing market, the importance of your house being turn-key ready when you li...
Jun 23, 2025•1 hr 5 min
SUMMARY: The Fed announced they were holding rates steady for the fourth consecutive meeting as they wait to see the impact tariffs could have on the economy... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Jun 20, 2025•20 min
SUMMARY: It is not a great 2025 for homebuilders in the South as confidence falls to the lowest level since 2012 and building permits fall to the lowest level since 2022, disappointing retail sales push rates down so far this week, and all eyes turn to Washington for the Fed rate decision, economic projections, and Powell's presser... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Jun 18, 2025•26 min
SUMMARY: Housing inventory in Wilmington jumps to a 6-year high as the market slows after a slight jump in Spring, bond marketss continue to act wierd, and it's Fed week! DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Jun 16, 2025•19 min
SUMMARY: After a contenious budget workshop, New Hanover County Comissioners voted 3-2 to lower the property tax rate to 30.6 cents, down from the current 45 cents, but will still be a 5% increaese in property tax bills. It was a good week for bond rates despite a slight uptick after Israel attacked Iran Thursday night. Two good inflation reports (CPI & PPI) and two solid bond auctions (10YR & 30Y) caused a slight bond rally this week, pushing down rates. DISCLAIMER: TowneBank Mortgage, ...
Jun 13, 2025•27 min
SUMMARY: David Benford, team lead for the David Benford Group, stops by the show to talk about how he got started in real estate, the impact of the NAR lawsuit, the current slowdown in the housing market, how the luxury market differs from the mid-range market, and what he sees happening for housing in the future. Tyler also breaks down what happened to rates last week and the big week ahead for inflation and some big bond auctions. DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal hous...
Jun 10, 2025•50 min
SUMMARY: A weak private payrolls gets markets moving and the President tweeting. Mortgage rates were basically unchanged halfway through jobs week, job openings were higher than expected but quits showed signs of cooling, manufacturing fell for the fourth month, and it's the battle of the budgets here in the Cape Fear region... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Jun 04, 2025•28 min
SUMMARY: Tyler announces the news that he is a full-time Loan Officer at TowneBank Mortgage! It's also jobs week after a positive week for rates, thanks to Japan, tariff pauses, and a positive inflation report. Also, rent in Wilmington holds steady for the second consecutive month... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Jun 02, 2025•25 min
SUMMARY: Japan's possible pullback on long-term bond issuance helps push down US bond yields, consumer confidence unexpectedly rises in May, and building permits fall slightly in Wilmington but remain strong... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
May 28, 2025•22 min
SUMMARY: Trump announces tariffs on the EU just because, rates rise after a bad 20-year auction, Trump floats the idea of taking Fannie & Freddie out of conservatorship, and exiting-home sales hold in the South during the spring buying season... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
May 23, 2025•28 min
SUMMARY: New Hanover County is likely to raise property taxes for the next fiscal year, GOP infighting keeps budget bill in limbo, and Ray Dalio says treasury risk is worse than Moody's and others argue... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
May 21, 2025•30 min
SUMMARY: Bonds sell off thanks to Moody's downgrading US debt from AAA to AA1, Residential construction is mixed in the South in April, and it looks like a toll might be the only option for the Cape Fear Memorial Bridge replacement... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
May 19, 2025•22 min
SUMMARY: Rates rise despite a solid inflation that showed price growth slowing to a 4-year low and despite seeing more revenue from tariffs the budget deficit continues to outpace last years spending... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
May 14, 2025•23 min
SUMMARY: An announced US-China trade agreement to lower tariffs caused a big sell-off of bonds as investors rushed to equities, Wilmington home price growth slowed in the first quarter, and this week its all about US consumers ... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
May 12, 2025•22 min
SUMMARY: The Federal Reserve held rates and Chairman Jerome Powell says the future is uncertain but the Fed is prepared to move if needed... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
May 08, 2025•17 min
SUMMARY: Housing inventory in Wilmington hits a 5-year high, rates hold for the first two trading days as markets prepare for today's Fed decision, and the US trade deficit surged in March... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
May 07, 2025•27 min
SUMMARY: Bond yields fall to start the week thanks to weak consumer confidence, a cooling labor market, and a negative GDP print, all to start the week. Also noteworthy, President Trump was slightly critical of the job performance of Jerome Powell at his 100-Day rally last night and Wilmington's unemployment rate falls for the second straight month. DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #...
Apr 30, 2025•25 min
SUMMARY: Wilmington's housing market heats up in March, President Trump says he's not worried about the bond market and there's no red line on tariffs, consumer sentiment falls pushing down rates ahead of a busy week for data... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Apr 28, 2025•29 min
SUMMARY: President Donald Trump reassures markets that he won't fire Jerome Powell and that Chinese tariffs will be lowered, the IMF lowers projections for US and global growth, and the scary part of this economic downturn DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Apr 23, 2025•24 min
SUMMARY: President Trump attacks Federal Reserve Chairman Jerome Powell but stops short of calling for him to resign, housing starts plummet in the South but there is still some optimism, and almost a quarter of Americans are scrapping plans to buy a home because of tariffs... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Apr 21, 2025•32 min
SUMMARY: A sell-off in equities and in bonds has some wondering if the bond market is broken, a horrible consumer survey causes rates to climb, and this week it is all about housing construction... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Apr 14, 2025•30 min
SUMMARY: President Trump will make his tariff decision public at 4:00 PM, the manufacturing sector contracts ahead of the tariff decision, job openings fall slightly more than expected, and Wilmington rents are down for the 23rd consecutive month... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Apr 02, 2025•24 min
SUMMARY: Wilmington was the 7th fastest growing metro area since 2020, consumer confidence fell to a four-year low, durable goods orders unexpectedly rose, and new home sales in the south rose to the second highest level in the last 10 months... DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Mar 26, 2025•28 min
SUMMARY: Existing home sales have jumped to the second highest level in the last year, Trump has shaken up Fannie & Freddie, and markets are preparing for consumer and inflation data. DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201
Mar 24, 2025•24 min
SUMMARY: It is a Fed Day and while the rate decision might not matter the forward guidance definitely will, housing starts skyrocket in February while homebuilder confidence falls in March as tariff uncertainty hits home builders, and retail sales fall as consumer pullback spending because of higher prices DISCLAIMER: TowneBank Mortgage, NMLS #512138 , is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201...
Mar 19, 2025•21 min
