Bubble Babble: Patrick Stone Explains Why We're NOT In A Real Estate Bubble WFG Insights podcast

9:50

In the first release of our three-part anniversary series, WFG Chairman and Founder Patrick Stone reflects on his 50 years in the real estate industry, and the past 15 years since he founded WFG. From humble beginnings to pivotal moments that shaped his path, Patrick shares his personal story, full of lessons and inspiration including: The impact of growing up in a small North Dakota town His unique job in Mexico after serving two tours in Vietnam What, and who, influenced his academic interests…

WFG Insights

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WFG Founder & Chairman Patrick Stone: "I Can't Remember This Level of Uncertainty" 23:50

20 weeks ago23:50

23:50

That headline is saying something, because Patrick Stone's career in the real estate industry spans the past 50 years. In this episode, he delivers an economic update, a revised mortgage interest rate forecast in lieu of the uncertainty, and a the potential for a gloomy outlook in the second half of 2025.…

WFG Insights

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2025 Real Estate Forecast: WFG's Patrick Stone Delivers Optimistic Outlook with Caution 24:05

29 weeks ago24:05

24:05

Last fall, what was widely anticipated to be a much improved real estate market in 2025 is now more cautious outlook due to continuing inflation concerns and higher mortgage interest rates. In this season-opening episode, WFG Chairman and Founder Patrick Stone also urges real estate professionals to prepare for what could be more uncertainty in the second half of this year.…

WFG Insights

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Patrick Stone Reacts to Fed Rate Cut and Offers Optimistic Outlook for 2025 Real Estate Market 18:33

44 weeks ago18:33

18:33

September's long awaited and much anticipated Fed rate decision delivered a surprising 50 basis point cut, much to the delight of real estate professionals. And while the Fed Funds Rate doesn't directly impact mortgage interest rates, it does impact the spread, which sparked an uptick in applications to refinance. In this episode, WFG Chairman & Founder Patrick Stone joins us to unpack the rate cut and offer his optimistic outlook for the close of 2024 and the year ahead.…

WFG Insights

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Market Focus: A Tale of Two Cities as Austin and Dallas Grapple with Growth 16:35

51 weeks ago16:35

16:35

In this special edition of WFG Insights, Chairman & Founder Patrick Stone is back with us to discuss the Texas market- specifically ATX and DFW. Like many attractive cities across America, Austin's growing pains include the high cost of housing. Meanwhile in Dallas-Fort Worth, a massive investment in multifamily housing has helped alleviate single family prices.…

WFG Insights

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WFG + Volly: Leveraging Lending Expertise for the Real Estate Industry 15:32

1 year ago15:32

15:32

In this episode, host Brian Bushlach welcomes WFG Enterprise Solutions SVP Dan Bailey and Volly’s SVP and General Manager Kat Loveland to share the inside story on WFG's acquisition of Volly. Topics include: How Volly's lead generation and customer conversion tools align with WFG's title insurance, appraisal, and closing services. Increasing demand on behalf of WFG’s lender customers for enhanced marketing support to improve loan origination and retention rates. The complementary nature of Volly's CRM and marketing solutions with WFG's offerings.…

WFG Insights

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Focus on Affordability: WFG's Patrick Stone on What it Will Take, and How Long 17:22

1 year ago17:22

17:22

Inventory is increasing and homes are on the market longer. But prices and mortgage interest rates remain high as we head into summer, making it difficult for median income home buyers to purchase a home. In this timely episode, WFG Chairman and Founder Patrick Stone joins us to address the affordability issue. How long, and what will it take to make homes affordable again?…

WFG Insights

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Higher for Longer? WFG's Patrick Stone Calls for One Rate Cut and Improving Market Conditions 22:30

1 year ago22:30

22:30

In this timely download, WFG Chairman and Founder Patrick Stone downplays talk of economic stagflation and calls for one Fed rate cut, perhaps as early as Q3. When that happens, Stone shares the impact it'll have on mortgage rates, and subsequently inventory as we hope to finish the year strong.

WFG Insights

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Patrick Stone Offers a Cautiously Optimistic Outlook for the Second Half of 2024 18:58

1 year ago18:58

18:58

Inflation persists impacting mortgage interest rates, and inventory is still scarce. But WFG Chairman and Founder Patrick Stone believes in the builders and an improving interest rate environment as we move through the year. In this episode, he delivers an upbeat forecast, but cautions there are several wildcards that could impact the economy and the real estate market conditions.…

WFG Insights

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Update: WFG Founder Patrick Stone Reacts to the Missouri Real Estate Verdict 23:41

2 years ago23:41

23:41

The real estate market is a media favorite for sensational headlines and clickbait. So it's no surprise the Missouri real estate verdict in the Sitzer/Burnett buyer broker commission lawsuit moved the needle. The outcome will no doubt change the way real estate agents conduct business, but to what extent? And how can the real estate industry come together to find consumer-friendly solutions moving forward? In this episode, WFG Chairman & Founder Patrick Stone offers perspective, insight and possible paths forward.…

WFG Insights

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Advice from Patrick Stone: Filter Through the Noise and Focus on Business 31:59

2 years ago31:59

31:59

In a challenging time, its easy to be lured into social media posts, dire predictions and gossip about the economy and the real estate market. We are experiencing an unprecedented period, and while the circumstances may be different this time, its nothing new for our industry. In this download, WFG Chairman & Founder Patrick Stone calms concerns about market conditions and offers advice looking forward.…

WFG Insights

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The Reality of the Real Estate Market: Patrick Stone's Path Forward in a Challenging Time 21:01

2 years ago21:01

21:01

Expectations of lower mortgage interest rates this fall are no longer in the forecast and it appears Q4 of 2023 and at least the first half of 2024 will continue to be challenging for real estate professionals. So what should you be doing now to prepare for the next cycle? And when will the market bounce back? In this download, WFG Chairman & Founder Patrick Stone offers his advice for the here & now, and a forecast for the future.…

WFG Insights

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Ignore the Media Clickbait: The Housing Market is Healthy, Just as Patrick Stone Predicted 21:50

2 years ago21:50

21:50

In spite of dire predictions last year of another real estate market crash, home prices remain stable, competition is fierce is some markets, and consumers are adjusting to higher mortgage interest rates. WFG Chairman & Founder Patrick Stone remains one of the few voices of reason in the real estate industry, and correctly forecast the market we're in now. In this episode, he sets the record straight on today's sensational headlines, and offers advice to industry professionals.…

WFG Insights

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High Rates and Low Inventory: Patrick Stone's Updated Outlook on the Market 19:10

2 years ago19:10

19:10

Headlines suggest a strong job market and slowing inflation. But WFG Founder & Chairman Patrick Stone always investigates what's beyond the headlines. Armed with that data and 48 years experience in the real estate industry, he sees things differently that most prognosticators. In this episode, Stone reveals what he's watching, and why the housing market could bounce back sooner, and stronger than most expect.…

WFG Insights

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When Will the Real Estate Market Get Moving Again? WFG's Patrick Stone Shares His Roadmap 25:11

2 years ago25:11