Dan Inman

Best Damn Real Estate Agent in Coastal Virginia

[Dan Inman @inman_allen]

@MacroAlf I prefer Blackknight chart but jus because we are down 40% overall transactions doesn’t mean they aren’t happening.

[John Burns @johnburnsjbrec]

20 million households priced out of homeownership in a matter of months. Imagine being a home builder or home flipper intending to sell $400k homes in January.

[Dan Inman @inman_allen]

I actually like Dave but it’s blanket statements like these that taint an over good message…

[Dave Ramsey @DaveRamsey]

"If you use a credit card, you do NOT want to be rich." — @mcuban

[Dan Inman @inman_allen]

@NewsLambert And 4% more than 5% and and and….

[John Burns @johnburnsjbrec]

People who buy homes, fix, and then flip them have been increasingly flipping them to investors who rent them out. Investors bought 22% of flipped homes last year, and bought 44% of flipped homes last quarter.

[Dan Inman @inman_allen]

Opendoor just reported a $928M loss and is laying off 20% of its workforce….

What…. Another algorithm based ibuyer real estate firm not quite working as expected….

Weird…

[Dan Inman @inman_allen]

@NewsLambert Depends on the market

[Lance Lambert @NewsLambert]

Agents/brokers:

If the U.S. housing market was traveling 100 mph between January 2022 and March 2022, then what speed best describes November 2022?

[Dan Inman @inman_allen]

How do you think…

“Be greedy when others are fearful and fearful when others are greedy”

Applies in 2023 for housing?

[Dan Inman @inman_allen]

With the latest Fed Hike we are sitting around 7% for interest rates…

This means about a 30% reduction in purchasing power from January!

How much further can the market appreciate even with supply at a 1/3 of a neutral market?

[Dan Inman @inman_allen]

My Biggest Fear:
.
Not living into the potential God has for me.
.
Which means I am only in competition with myself at the end.

[Dan Inman @inman_allen]

CNBC just announced that Existing homes inventory dropped 23.8% from last year…
.
Looks like with rates rising it’s keeping more people staying in their home vs selling…
.
What do you think this does to home values?

[Dan Inman @inman_allen]

Nationwide rents are at an all time high…
…Question is do you think inflation will make it worse or better?

[Dan Inman @inman_allen]

Next Fed meeting is Nov. 2….. where do you think rates are going?
.
Better question will another 0.75% do anything?

[Dan Inman @inman_allen]

PSA to Real Estate agents… sometimes your job is talking your client out of buying and selling.

[Dan Inman @inman_allen]

@alexwang Potentially... If that client could purchase the home I dont know if it really matters. Sellers likely know that someone at that price point can afford more.

[Dan Inman @inman_allen]

@DARRENHARDY Darren I have a client that is a huge fan, is there any way to get a signed copy of your Compound Effect? I will gladly pay for it, I know it would be very impactful for her.

[Dan Inman @inman_allen]

@MichaelEGerber When does the Real Estate Agent book come out?

[Dan Inman @inman_allen]

Been using Boomerang https://t.co/FkgaUqoVx2 to schedule messages in Gmail or make emails go away until I'm ready. Highly recommended.

[Dan Inman @inman_allen]

@MichaelEGerber When will the Real Estate Agent book be available? Really looking forward to it!!!