The Note Closers Show Podcast

Cracks in the Housing & Mortgage Markets with Mike Mills


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Surviving the Housing Crisis: Expert Advice You Need

Hey, do you ever feel like you're putting in all the effort but not seeing the results you want? Maybe you've been told to take certain actions to get ahead, but they just don't seem to be working. It can be frustrating, right? You're not alone. Many real estate and mortgage professionals have been in your shoes, feeling the pain of working hard with little payoff. If this sounds familiar, you're not alone. Let's dive into what's really going on in the Texas real estate and mortgage markets to understand how you can adapt and thrive.

In this episode, you will be able to:


  • Understand the latest Texas real estate market trends and gain a competitive edge in your business.
  • Master mortgage strategies for difficult loans and close more deals with confidence.
  • Learn how interest rates impact home buying decisions and adapt your approach to client needs.
  • Harness the advantages of podcasting to elevate your real estate professional status and reach a wider audience.
  • Explore creative home financing options in Texas and expand your toolkit for client solutions.


My special guest is Mike Mills. Mike is the host of the Texas Real Estate and Finance podcast, whose expertise as a mortgage expert and branch manager specializing in DFW and Texas real estate is unmatched. With a passion for empowering others through knowledge and a deep understanding of the market dynamics, Mike brings a unique perspective to the table. His insights into the cracks in the Texas real estate and mortgage markets offer a valuable opportunity for real estate and mortgage professionals to understand their clients' needs better and confidently navigate the ever-changing landscape.


Watch the original video HERE!


Connect with Mike HERE!


Talk with Scott Carson HERE!


The key moments in this episode are:

00:00:02 - Introduction and Special Guest Introduction


00:03:45 - Real Estate Market in Texas


00:04:18 - Difficulty of Getting Deals Done


00:07:04 - Tightening of Lending and Credit Market


00:10:38 - Recency Bias and Consumer Behavior


00:11:10 - Impact of High Credit Card Rates


00:13:44 - Challenges in Commercial Real Estate


00:14:25 - Economic Outlook and Market Trends


00:16:30 - Concerns about Federal Debt


00:20:00 - Affordability of Real Estate


00:22:20 - The Pitfalls of Overpaying for a First Home


00:23:27 - Impact of Lack of Financial Education


00:24:39 - Learning from Financial Mistakes


00:27:47 - Changing Perspectives on Living Arrangements


00:29:10 - Financing Challenges for Tiny Homes


00:33:27 - Real Estate Market Trends in Texas


00:34:44 - Seller Concessions and Buy Downs


00:36:18 - Geographic Limitations for Mortgage Loans


00:37:55 - Challenges and Rewards of Podcasting


00:41:06 - Importance of Hands-On Experience


00:44:10 - Consistency is Key


00:44:42 - Connecting with Mills Team Mortgage


00:45:27 - Specializing in Non-traditional Loans


00:46:09 - Providing Pathways to Success


00:47:08 - Embracing Diverse Dialogue 


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The Note Closers Show PodcastBy Scott Carson

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