🎙️ E65: Where Investors Waste Money on Rehabs (And What Actually Pays Off)" ← top pick

But not sure if you saw interest rates keep going up.

They keep going up.

So I think a lot of people would probably agree that interest rates is an indicator.

I see your crying emoji on there.

It just means it's an opportunity to take advantage of the opportunity.

So when things start going in the way we don't want, where is the opportunity? Now, interest rates hit an annual high a week ago, seven, eight, nine, 10, 10 days ago.

at 6.6 and it's in between 6.65 and in between 6.67.

I won't say the number for those of you who are sensitive to too many sixes.

And now we're pushing 6.7 right now.

If you follow the 10-year treasury, 10-year treasury is up, which may be an indicator that, I don't know, things may or may not be changing, but we're gonna see.

So days on market, we are pushing 50 going into August, 50 days just for a house.

This is not even, if you're trying to sell a commercial building, a multifamily, triple it right now, triple it.

In 50, that's only if the price of the listing if it's priced to sell.

So right now we're sitting on about five and a half months of inventory.

And guess what? A lot of the houses that are selling are brand new construction.

So we're gonna talk about today.

We're gonna continue the discussion and ask the question, What are these new builds got that we don't got, that us resells, that we're not doing? We'll talk about that today.