Episode 113 - 7% Interest Rates Could Be Here to Stay Through Next Year
This week on the podcast Mark and Corey come to the stark realization that 7% interest rates could continue to be the norm through the majority of 2024.
Episodes
Open House with Mark Siwiec and Corey James Moran
Mark Siwiec and Corey James Moran of Elysian Homes by Mark Siwiec and Associates talk all aspects of the Greater Rochester Real Estate market!
Episodes
Episode 112 - The Consumer Price Index Saw the Biggest Monthly Gain of the Year
This week on the podcast Mark and Corey reviewed the latest CPI report and its impact on the real estate market.
Episode 111 - The Market Shift and Buyer/Seller Expectations
This week on the podcast Mark and Corey talked about what expectations should be for both buyers and sellers in this shifting market.
Episode 110 - Interest Rates Drop As We Head Into the Final 2 Months of the Market
This week on the podcast Mark and Corey were relieved to see a sharp drop in mortgage interest rates as we head into the home stretch for the 2023 real estate market.
Episode 109 - The End of Summer and Increasing Interest Rates
This week on the podcast Mark and Corey continue to monitor rising interest rates and their impact on the last few months of market in Rochester.
Episode 108 - What it Would Take to Get Housing Affordability Back to Pre-Pandemic Levels is Astonishing
This week on the podcast Mark and Corey gave the latest information regarding mortgage interest rates and highlighted what it would take to get housing affordability back to pre-pandemic levels.
Episode 107 - Despite Favorable Economic Data Interest Rates Remain High
This week on the podcast Mark and Corey review the latest economic data that indicates interest rates should be coming down, but the exact opposite is happening.
Episode 106 - Rochester is the National Leader in Home Price Increases for 2023
This week on the podcast Mark and Corey talked about some pretty staggering stats that show Rochester is one of the hottest real estate markets in the entire country.
Episode 105 - The July Slowdown
This week on the podcast Mark and Corey discussed how slow July has been and revealed more strong economic data that's driven mortgage rates back up over 7%.
Episode 104 - Is This the Beginning of the End of a Year Long Real Estate Recession?
This week on the podcast Mark and Corey point to positive economic data and decreasing interest rates as a sign that we may be at the beginning of the end of a year long real estate recession.
Episode 103 - Are 7% Interest Rates "the New Normal"?
This week on the podcast Mark and Corey talk about rising interest rates and respond to the Compass CEO's comments that 7% rates are "the new normal".
Episode 102 - The Resiliency of the US Economy Is Keeping Interest Rates High
This week on the podcast Mark and Corey talked about some new economic data that's driving interest rates back up.
Episode 101 - It Feels Like There's a Shift in the Market
This week on the podcast Mark and Corey talk about the shift that appears to be happening with the market.
Episode 100 - The Perplexing Response to the Fed Not Raising Rates
This week on the podcast Mark and Corey celebrate their 100th episode and talk about the confusing reaction to the Fed not raising interest rates this month.
Episode 99 - The Phrase "Cash is King" is an Understatement
This week on the podcast Mark and Corey talk about the insane amount of cash buyers that are currently flooding the real estate market.
Episode 98- The Impact of Debt Ceiling Negotiations and the Latest Jobs Report
This week on the podcast Mark and Corey talk about the continued debt ceiling negotiations, the latest jobs report, and Mark's new million dollar listing!
Episode 97 - Mortgage Interest Rates Soar as Debt Ceiling Negotiations Drag On
This week on the podcast Mark and Corey breakdown how debt ceiling negotiations in Washington are impacting the real estate market.
Episode 96 - Inventory is Starting to Trend Up
This week on the podcast Mark and Corey discuss how housing inventory looks to be trending in a good direction.
Episode 95 - The Latest with the Battle Against Inflation
This week on the podcast Mark and Corey take a look at the latest when it comes to the battle against inflation.
Episode 94 - The Economy is Giving Us Whiplash
This week on the podcast Mark and Corey breakdown a turbulent week when it comes to the economy.
Episode 93 - Properties Are Selling Faster in Rochester than Anywhere Else in the Country
This week on the podcast Mark and Corey reveal how quickly properties are selling in Rochester compared to other parts of the country.
Episode 92 - Homeownership is the Key to Building Wealth
This week on the podcast Mark and Corey talk about homeownership and how it relates to building wealth.
Episode 91 - Inflation Continues to Trend in the Right Direction
This week on the podcast Mark and Corey analyzed the latest CPI numbers and what they mean for the real estate market.
Episode 90 - Positive Economic News and the Truth About List Price
This week on the podcast Mark and Corey give the latest economic updates and reveal the truth about list price.
Episode 89 - The Real Estate Hunger Games - Baby Boomers vs. Millennials vs. Gen Z
This week on the podcast Mark and Corey broke down the generational battle that's taking place in the real estate market.
Episode 88 - We Continue to Ride the Economic Rollercoaster
There was plenty to breakdown this week coming off of the announcement to raise the Fed's key interest rate .25%.
Episode 87 - The Collapse of SVB and What it Means
This week on the podcast Mark and Corey breakdown the collapse of SVB and what it means for the real estate market.
Episode 86 - Our Projection for the Second Half of This Year Has Taken a Turn for the Worse
This week on the podcast Mark and Corey discuss the latest news regarding the economy and it's impact on the real estate market. They're also now shifting their projection for the second half of 2023 and it's not for the better.
Episode 85 - The Power of Impeccable Customer Service
This week on the podcast Mark and Corey talk about the latest with the real estate market and Mark shared his unbelievable customer service experience from his trip to Disney World with his family.
Episode 84 - When It's Time For a Buyer to Dump Their Agent
This week on the podcast Mark and Corey give the latest economic updates, talk about when it's time to dump your agent, and discuss the battle your gas furnace and the state of New York.