This morning, while I was making my coffee, I had a little "light bulb" moment.  I've been trying to reconcile in my own mind the obvious discrepancy between all of the anxiety, uncertainty, and devastation in the United States, with how hot the real estate market has been, at least here in NJ (and I know it's true in other markets in the NYC Metro Area as well), and it hit me -- during times of great upheavals, unrest, and volatility, people flock to what they know and what they understand.  They flock to what's real.  And what's more real than real estate?

In this episode, I dig deeper into this concept.  I also discuss mortgage rates and the Fed's recent announcement about its revised policy on inflation, so be sure to listen to the end.

This episode is a short one (for me), clocking in at just under 10 minutes.  Just long enough for you to enjoy your morning (or afternoon) coffee.


Theme music excerpted from:
Feelin Good by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/3744-feelin-good
License: http://creativecommons.org/licenses/by/4.0/