EP 65: 39,000 Houses for Sale and Rising, Shaq's $1.7 Carrollton Home, FHA Appraisals DFW Market Update

The Real Estate Heavyweights

Summary

The conversation begins with a discussion about fitness routines and the importance of accountability. They then transition to talking about Tavis' need for additional paint crews due to increased demand. Ashton shares his experience with finding accountability in the past. They also discuss their teenage children and their work experiences. The conversation then shifts to a market update, focusing on the number of houses for sale and the percentage of homes that fell out or were canceled. They also discuss the average percentage of the original sales price and how it has fluctuated over time. In this conversation, Tavis and Ashton discuss the intricacies of FHA financing and the role of appraisers in the home buying process. They also touch on the topic of Section 8 housing and the challenges and benefits it presents. The conversation then shifts to the news, with discussions about Shaquille O'Neal selling his house in Carrollton, the expansion of fast food chains like Raising Cane's and Taco Bell, and the concept of a Taco Bell-themed retirement community.

Keywordsfitness routine, accountability, paint crews, work experiences, market update, houses for sale, canceled contracts, original sales price, FHA financing, appraisers, home buying process, Section 8 housing, Shaquille O'Neal, Raising Cane's, Taco Bell, retirement community Takeaways

• Having accountability can be beneficial in maintaining a fitness routine or achieving other goals.
• Finding reliable and skilled tradespeople can be a challenge, but building relationships with them can lead to successful projects.
• The number of houses for sale is approaching a 10-year high, indicating a potential shift towards a buyer's market.
• A significant percentage of homes are being canceled or falling out of contracts, suggesting some uncertainty in the market.
• The average percentage of the original sales price has fluctuated, but homes can still sell over asking price. Appraisers play a crucial role in FHA financing, as they assess the condition of the home and ensure it meets safety and functionality standards.
• Section 8 housing can be a beneficial investment for landlords, as the government provides a premium rental rate and regular payments.
• Shaquille O'Neal is selling his house in Carrollton and moving to Rowlett, showcasing the fluidity of the real estate market.
• Fast food chains like Raising Cane's and Taco Bell are expanding globally and exploring unique concepts, such as a Taco Bell-themed retirement community.

Titles

• Teenage Work Experiences
• Accountability and Fitness Routines Exploring Section 8 Housing
• The Expansion of Fast Food Chains

Sound Bites

• "I'm proud of you for being in that routine."
• "I gotta get some other help. I gotta get, you know, somebody else."
• "He doesn't have two crews, you know, he's got him."
• "That's the big trick."
• "If they see something that they feel is not up to par"
• "The vegetation, smoke detectors, and the cedar pergola"

Chapters 00:00Accountability and Fitness Routines 03:38Managing Paint Crews and Finding Accountability 07:03Teenage Work Experiences 17:00Market Update: Number of Houses for Sale 19:21Market Update: Canceled Contracts and Price Cuts 23:17Market Update: Average Percentage of Original Sales Price 32:34Exploring Section 8 Housing 36:01Shaquille O'Neal's Real Estate Moves 40:15The Expansion of Fast Food Chains