Spooky Stories and Market Insights – Episode 11 of the Franco Dinh Show

Hello, everyone! Welcome to Episode 11 of the Franco Dinh Show: Halloween Edition! This week, I’m diving into some Halloween fun and sharing one of my creepiest real estate stories. Let’s jump right in!

Franco Update

I recently hosted a Halloween party with around 15-20 guests, and we had a blast indulging in delicious food and drinks. I dressed as a mummy, while my son, Lincoln, went as a vampire, and Brian joined him as well. We also participated in a cute dog Halloween party with many furry friends showing off their costumes!

Creepy Real Estate Story

In the spirit of Halloween, I recounted my creepiest experience in real estate. I once met a client through TikTok who seemed promising, discussing cryptocurrency and potentially buying a $2 million home. After spending an entire day together, he ghosted me and turned out to be a con artist involved in significant fraud. This experience reminded me of the importance of staying vigilant in our industry.

Market Update (Cromford Report)

As for the market update, the Cromford Market Index is currently at 90.7, indicating we are on the cusp of a buyer's market. Active listings have increased by 50% compared to last year, and we are seeing rising interest rates, now around 7%, which is affecting buyer enthusiasm.

MLS Check

I also shared insights from a client who is looking to sell a lot and purchase a new home. We discussed a property on the market for 97 days and the benefits of making backup offers. This property features a separate studio above the garage, offering potential income opportunities.

Thank you for joining me this week! Be sure to check out the full episode for more details, and have a fantastic Halloween!