9/26/25

FOMI vs FOMO & First Time Buyer Desires

Moderator: Chris Ishii, City Lifestyle Magazine

First-time homebuyers in America are experiencing significant changes in housing trends due to demographic shifts, economic conditions, and evolving societal norms. But as the cost of housing continues to rise, consumers must resolve their fear of mortgage interest (FOMI) or accept fear of missing out (FOMO). This veteran panel in lending and brokerage understands you can always refi, but you cannot rebuy, and innovative mortgage solutions and new housing product lines are helping to stop the perpetual cycle of renting. Policies supporting affordability, creative financing options, and market adjustments will play critical roles in determining the future trajectory of this segment. And parents can play a meaningful (and tax free) role too, helping their kids with gifted down payment options to acquire newly built micro-housing options. So, if you are ready to liberate your basement – listen up!

Featuring:

Moderator | Chris Ishii - Mercer Island City Lifestyle Magazine

Jolene Messmer Loan Originator - Movement Mortgage

Shannon Olcese Vice President of Sales - Realogics Sotheby’s International Realty

Rebecca Mitsui Global Real Estate Advisor - Realogics Sotheby’s International Realty

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