The Michael Thornton Show: Recent Episodes
Michael Thornton
The Michael Thornton Show is your go-to resource for Real Estate Market News & Analysis, Real Estate Investing Strategies, Wealth Creation Topics, Entrepreneurship Talk and much more! Michael Thornton is a Realtor, Real Estate Investor and overall Finance Geek located in Wheaton, IL. His real estate team serves broader Chicagoland. Connect with Michael via email at michaelthorntonteam@gmail.com. Follow Michael on Facebook, LinkedIn, Instagram, and Youtube! https://www.michaelthorntonrealtor.com/got-any-questions/
March Inflation reading is out! What it means for mortgage rates and the real estate market. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
The Michael Thornton Team on TV! Here's a bit more about a really exciting opportunity coming soon. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
There are offer terms other than price that can elevate you as a buyer to the top spot. I review creative ways to win the deal in this episode. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
I review the key housing metrics courtesy of Altos Research and interpret what the data means for future pricing, inventory levels and more. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
What is a private listing and how would a buyer gain access to them? Why do Realtors keep listings in private status to begin with? I discuss that and more in this episode. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
I review the key points from an article from cnbc.com that does a great job explaining the current housing market. We discuss the market bottom, the comparison between now and 2008/9, affordability and more. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs
The January CPI Report, which measures key inflation readings across segments, was released on February 14th. These numbers impact Fed policy and overall market performance. I break it down in a few minutes so that you can get back to your life, ha! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
Have you heard of wealthy individuals talking about not paying income tax? We discuss how they do that and strategies for shifting earned income into passive income over time. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
The Fed met on 2/1/23 in their first meeting of the year. This meeting helps us understand what to expect with mortgage rates entering the always active spring market. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
An influential CEO in real estate just called market bottom! We discuss the 6 data points he references to support his prediction. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
It was a soap opera over the last 2 weeks regarding Mortgage Rates and how they reacted based on key economic reports being published. I break down how the jobs report, service sector report and CPI release impacted rates. It's going to make for a very interesting spring market! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
Out with the old and in with the new! We discuss the shift in content in the marketplace as we enter 2023 and what consumers are asking for. Hint: it's not agent lip syncing videos! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
A 35 year old Realtor buys an abandoned school for $100k and takes 2 years figuring out what to do with it. A Beer Garden? Wedding venue? WeWork Space? None of the above! This is a cool story and very relevant in today's shifting commercial real estate market. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
Inventory is higher yet demand has softened. Is this the calm before another storm of demand? We talk about what's likely to occur with the Fed's Fund Rate, the economy and its impact on mortgage rates and buyer demand! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
I share the inside scoop on how the best listing agents sell homes for more money in less time. You won't want to miss it! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
Are you considering real estate investing in 2023? I lay out the pros and cons of several property types in this episode! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
Are you confused by what determines mortgage rates? What's the difference between the Fed's rate and mortgage rates? And why do some companies quote different rates if it's a market? I lay it all out for you on this episode! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and the broader Chicago suburbs.
Is it possible that we're heading into "perfect" market conditions in 2023? Conditions that would maximize opportunities across the board, for buyers and sellers? Tune in to find out! Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and broader Chicagoland.
Are we in a recession? Or are we headed for one? Let's look at previous recessions and how mortgage rates responded. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and broader Chicagoland.
The Fed's November meeting was full of fireworks. The markets were up, down, sideways - just all over the place! I break down what to expect going forward and how that impacts real estate and the stock market. Michael Thornton is a top producing Realtor with The Michael Thornton team serving Wheaton, Glen Ellyn and broader Chicagoland.
Is the sky falling in the real estate market? Much of the headlines are misleading. With that said, I'll give you insight to the one action that could actually cause the real estate market to crash. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
Buyers have been fed a lie about today's market and it could cost them thousands. I explain how you could save money by buying today versus the spring. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
We discuss interesting leading indicators from Redfin's October Market Report. There's a ton of great data to unpack! You won't want to miss it.
The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
Save yourself time, hassle and money! I cover the common purchase contract misconceptions and how to protect yourself. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
If you're planning to buy a home (ever), this is the episode for you! I trust this is advice you haven't heard before! The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
The Fed meets on 9/20 and 9/21 to discuss interest rates and we eagerly await that news. The markets are pricing in an 80% probability of another .75 point hike. How does that impact mortgage rates and transaction volume? We discuss! The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
Are you a business owner and not sure what the shift in the economy means for you? We discuss how to stay grounded in the facts and how to win each day. Let's thrive during the shift! The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
There's an inflection point in the July housing market data. Are home prices going down for the first time in years? We discuss this and more in this episode. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
As a homeowner, the amount of equity you'll earn in the coming years will tie back to how drastically inventory climbs. In this episode, I share data from one of my favorite Substack creators. We focus on Active Inventory,Closed Sales and the surprising data around New Listings. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
In this episode I share the specific questions I'd ask a Realtor when deciding who to hire. Making a mistake with this hire could cost you thousands, so be prepared! The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
In this episode I discuss whether the housing market can effectively navigate a "soft landing" or whether we should expect sharp price declines as demand softens and supply increases. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
I review the two most important factors in real estate. After today's episode, you'll understand what drives pricing and how to best position yourself as a buyer and seller. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
In this episode I break down the ever changing real estate market and how sellers are shifting strategy in order to sell. The market is changing but don't trust the headlines- arm yourself with the facts instead. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
Licensed agent on the Michael Thornton Team at Compass, Kyle Keck, ranks his top 3 western suburbs of Chicago based on real estate value and fun features of each suburb.
In this episode, I review the hottest design trends of 2022. All information and insight is courtesy of Lindsey Wyllys of Dwell Staging Co. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
In this episode, I break down the ever changing real estate market and how sellers are shifting strategy in order to sell. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
The housing market has shifted more significantly in less time than most people thought it would. We discuss what I'm seeing in the field and the recent data. The Michael Thornton team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland.
Today's episode is a bit different. We go through zinger after zinger from the book Atomic Habits by James Clear. This book is a must read and I hope this preview encourages you to read it. It's all about the power of habits and how to develop and sustain powerful habits to change your life. The Michael Thornton Team is a top producing real estate team at Compass serving Wheaton, Glen Ellyn and broader Chicagoland.
The real estate market is experiencing a shift. Does that mean prices will fall? We discuss that and more on today's podcast. The Michael Thornton Team is a top producing real estate team at Compass serving Wheaton, Glen Ellyn and broader Chicagoland.
The housing market demand frenzy is officially over. It's not a matter of whether the market will soften, rather how much. Is this even a bad thing given the unsustainable run of double digit appreciation? I discuss that and what economic indicators to watch! The Michael Thornton Team is a top producing real estate team at Compass serving Wheaton, Glen Ellyn and broader Chicagoland.
We seem to be at an inflection point in the US housing market. I discuss what I'm seeing in the field and also review the latest macro data. The Michael Thornton Team is a top producing real estate team at Compass serving Wheaton, Glen Ellyn and broader Chicagoland.
A diverging story line is emerging in the US housing market for the first time in years. Previously, no matter what region of the US, the market could be described as low supply with rapid appreciation. That's about to change. I discuss what to watch going forward! The Michael Thornton Team is a top producing real estate team at Compass serving Wheaton, Glen Ellyn and broader Chicagoland.
The markets have heads spinning right now. What's one thing you can do... a sure bet... in the meantime? We talk about that in this episode! The Michael Thornton Team is a top producing real estate team at Compass serving Wheaton, Glen Ellyn and broader Chicagoland.
We've been in a seller's market in many areas across the US for years now and Covid only exacerbated the issue. What's driving this? And why is the issue so widespread? I break down the macro drivers of the low housing supply in this episode. The Michael Thornton Team is a top producing real estate team at Compass serving Wheaton, Glen Ellyn and broader Chicagoland.
Stagflation is here! Q1 GDP declined and inflation rages on. What can we do in the meantime to preserve our wealth during this time? Keep the conversation going with me here - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ - - Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
If you're a buyer in the spring market this year, this is the episode for you! I lay out 5 items you should know and do before jumping in. The Michael Thornton Team is a top producing real estate team serving Wheaton, Glen Ellyn and broader Chicagoland. Keep the conversation going with me here - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ - - Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
Clickbait surrounding a housing market crash abounds. Is there truth to it? On this episode, we analyze data such as mortgage applications, price adjustments and immediate sales to predict what will happen in the near future. Keep the conversation going with me here - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ - - Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
Is the market hot or cold? Are we heading into a recession and how does that impact housing? Will rates continue to rise? Rent? Buy? With so many questions swirling, we help you cut through the noise, so that you can position yourself for success in the real estate market in 2022. Keep the conversation going with me here - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ - - Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
Is a recession on the horizon? Many believe so given the recent yield curve inversions. A San Francisco Fed study from 2018 found that inversion of the 1-yr/10-yr spread correctly signaled the last 9 recessions. We go back and review the last 6 recessions and the corresponding impact on home values. Keep the conversation going with me here - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ - -Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
I discuss how TOP REALTORS win deals for their clients in this ultra competitive market. If you're not working with one, you're at a great disadvantage. I discuss 5 reasons why. Keep the conversation going with me here: - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ -- Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
On this episode, I provide a real estate market update with the latest round of data. Big news on the inventory front - stay tuned to learn more! Keep the conversation going with me here: - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ - - Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
If you’ve ever shopped for a home, you probably understand the feeling of walking into a home, full of anticipation and excitement, just to be left feeling mislead! Between the wide lens camera angle and the borderline obnoxious listing description in the MLS, you’re feeling a bit frustrated with the reality in front of you. Although I can’t help much with the misleading photograph angles, I can help you understand the language of Realtor. Keep the conversation going with me here! - - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ - - Email: michaelthorntonteam@gmail.com - - Youtube: https://bit.ly/3fV2RI6 - - Instagram: https://www.instagram.com/michaelthornton1/ - - Facebook: https://www.facebook.com/MichaelThorntonRealtor - - LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
Bidding Wars are becoming the norm in today's real estate market. In this episode, I share the strategies used by top Realtors to beat the competition. Go get that dream home! Keep the conversation going with me here! - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ ... Email: michaelthorntonteam@gmail.com ... Youtube: https://bit.ly/3fV2RI6 ... Instagram: https://www.instagram.com/michaelthornton1/ ... Facebook: https://www.facebook.com/MichaelThorntonRealtor ... LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
We settle the age old debate- Is it better to buy or rent? And we discuss the hidden expenses and unknown benefits of homeownership that nobody is talking about. Keep the conversation going with me here - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ ... Email: michaelthorntonteam@gmail.com ... Youtube: https://bit.ly/3fV2RI6 ... Instagram: https://www.instagram.com/michaelthornton1/ ... Facebook: https://www.facebook.com/MichaelThorntonRealtor ... LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
The rate on a 30-year fixed mortgage has now crossed the 4% threshold and sits at 4.23% as of February 17th, 2022. The question is:Will rising interest rates crash the housing market? We analyze historical markers to understand for ourselves on today's podcast. Keep the conversation going with me here ... Website: https://www.michaelthorntonrealtor.com/got-any-questions/ ... Email: michaelthorntonteam@gmail.com ... Youtube: https://bit.ly/3fV2RI6 ... Instagram: https://www.instagram.com/michaelthornton1/ ... Facebook: https://www.facebook.com/MichaelThorntonRealtor ... LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
Your business is a cash eating monster and it must be protected (from you)! We cover how to put PROFIT FIRST so that you remain profitable no matter what. Many concepts are from "Profit First" by Mike Michalowicz. Keep the conversation going with me here - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ ... Email: michaelthorntonteam@gmail.com ... Youtube: https://bit.ly/3fV2RI6 ... Instagram: https://www.instagram.com/michaelthornton1/ ... Facebook: https://www.facebook.com/MichaelThorntonRealtor ... LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
On this episode, I share step-by-step how to buy (and rent) your first rental property. These steps are critical for maximizing profit, reducing liability and facilitating scalability. Keep the conversation going with me here! - Website: https://www.michaelthorntonrealtor.com/got-any-questions/ Email: michaelthorntonteam@gmail.com Youtube: https://bit.ly/3fV2RI6 Instagram: https://www.instagram.com/michaelthornton1/ Facebook: https://www.facebook.com/MichaelThorntonRealtor LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/
2021 was marked by historically low inventory levels. Will 2022 be much of the same? Are we in a housing bubble? Why are some folks talking about a crash? We analyze the data and break down the dynamics impacting the 2022 housing market on today's show. Connect with Michael via Email at michaelthorntonteam@gmail.com & visit his website at https://www.michaelthorntonrealtor.com/got-any-questions/. Follow Michael's social content on Youtube: https://bit.ly/3fV2RI6, Instagram: https://www.instagram.com/michaelthornton1/, Facebook: https://www.facebook.com/MichaelThorntonRealtor, and LinkedIn: https://www.linkedin.com/in/michael-thornton-557b47145/.
What's driving high levels of inflation and when can we expect a move back down? More importantly, how can we protect our purchasing power during periods of high inflation? We answer those questions and more on this week's episode!