In this episode. Mike and Mike talk about the Cleveland Real Estate market's reaction to the Fed's round of interest rates. Surprisingly, there seems to be no overreaction, instead a gradual rebalancing to normalcy. Then they talk about ARM's and why you should consider them in your financing plans.
1:07 Mike Ferrante and Mike Reilly discuss interest rates
5:08 Mike Reilly and Mike Ferrante discuss the cost of renting versus buying
9:30 Mike Reilly and Mike Ferrante discuss ARMs and malpractice among realtors
13:32 Mike Ferrante throws numbers for real estate market analysis
20:35 Mike Reilly discusses the possibility of marketing a house with financing