In this podcast, you'll learn

6 metrics to check if the market is looking strong right now:

1. Mortgage Rate
   • It will stay low for an extended period of time it is primarily driven by the global money flow.
   • Money is Global
   • Money flows. Its driving down global bond rates and US interest rates
   • All interest rates flow together
2. Inflation. Are we at the peak?
   • For the largest markets right now prices are at the peak
   • Smaller markets prices are right above the peak
3. Price to Rent Ratio
   • Price to rent ratio are 25% below the peak.
   • The best way to buy a real estate is called a discounted cash flow basis. Look at the cash flow that you're going to receive from the investment and that determines the price you will pay.
4. Supply and Demand
   • Multifamily massively recovered since the crisis and above where they were pre crisis
   • Single family homes shortage. It never recovered from the crisis. There are fewer single family homes.
5. Consumer Debt Services
   • US consumer's debt service is lower than anytime in the last 30 years
   • The percentage of their income are used to pay their debts
   • Consumers are in great shape today!
6. Mortgage Underwriting
   • In 2006 only 50% of origination are above 700 FICO score
   • Today 80% origination are above 700 FICO score
   • Underwriting is still very conservative
   • Having been to many crisis, people are now very aware and concern of not repeating the last crisis

• "The way to make money is to buy when blood is running in the streets" - JP Morgan

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