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Housing News Podcast: Guidance Residential’s Kal Elsayed on the importance of working with underserved communities

Listen to this week's latest episode

The Housing News Podcast is a weekly wrap of the top news stories by HousingWire CEO Clayton Collins. Click below to listen.

Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Blend.

This week, Kal Elsayed, the President and CEO of Guidance Residential, a faith-based home financing company, explains the importance of working with underserved communities. Additionally, Elsayed discusses the Federal Reserve’s poised rate cut and the nation’s Millennial homeownership trends.

Earlier this week, The Federal Reserve announced it was prepared to cut its benchmark rate for the first time since 2008, and a survey from realtor.com indicated that affordability continues to prevent Millennials from entering the housing market as first-time buyers.

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Opinion: How real estate will come back stronger 

The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact. This is real estate’s moment to become even more anti-fragile.

3d rendering of a row of luxury townhouses along a street

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