As part of our celebration of 25 years of Trusted Service, we are very excited to formally launch our new podcast branded with our company tag line – “Create Wealth, Defend It”. This new audio-only experience has a different focus than our other written content in the Red Sky Report, or our bi-weekly Webcast Solution Series videos. Specifically, our podcast will offer interviews with specialists from other disciplines within the world of finance. Like all things from All Season, we remain focused on the agenda; how can we help you create wealth and keep it when there are so many challenges to both sides of the mandate. Building wealth is tough enough but understanding how to effectively retain your wealth while facing the headwinds of economic recession, pandemics, taxes, and expense, can be daunting.
In our very first episode, we interview Jon Wade, the very successful owner and founder of the Steamboat Group real estate company. Jon is an amazing source of knowledge about real estate of all kinds but is especially proficient in understanding the psychology of a buyer or seller in any given market. Many of our clients own property in all forms including commercial space, rentals, apartments, and of course your primary residence. And like your investment portfolio, your real estate holdings tend to be one of your households’ largest assets. With little doubt, the general consensus now is that real estate in all forms is going to be in trouble in the coming months following massive unemployment, and recessionary pressure from the Covid-19 pandemic. We see evidence to the contrary.
Take a look at this long–term chart of Mortgage applications. It’s hard to even put your finger on the very quick decline in applications in March. In fact, it just looks like an anomaly in the longer-term UPTREND!
Nevertheless, we do agree with the real estate pros that there will be very clear winners (survivors) and losers in the post-COVID Real estate market. Life will not be the same. I sit on the investment committee of our local Community Foundation. Our group received this insightful piece from one of our management firms called “Missed Rent”. It does a nice job of identifying winners and losers. It’s worth your time.
https://syntrinsic.com/2020/05/26/missed-rent/
In our podcast interview, Jon provides insights into current trends in real estate pricing, inventory, and buyer and seller behavior. Is this the top of the cycle for real estate values or an opportunity for buyers? Are Redfin and Zillow impacting the brokerage business? What types of real estate are in trouble and which stand to benefit from Covid-19? Did you know you shouldn’t paint your house green? Good stuff! We hope to record and deliver a new interview like this, every two weeks.
You can access our podcast and follow us by searching by the name “Create Wealth Defend It” on your favorite podcast services like Spotify, Apple Podcast, Sound Cloud, and others. We can publish nearly anywhere so if you can find us on your favorite, please let us know. Don’t forget to FOLLOW us so you’ll have all the episodes ready when you are.
Visit: https://allseasonfunds.libsyn.com/spotify or look up Create Wealth Defend It on Spotify!
You can also visit our SoundCloud page at https://soundcloud.com/user-414677940
Cheers
Sam Jones
