as an agent that lists properties for sale these are things that we're talking about up front with the seller saying hey listen there's a chance we get an FHA offer here these things are going to be a problem we need to get this addressed and therefore they don't…
Mortgage Interest Rates CLIMB as The FED noted that RECENT DATA SHOWS LACK OF FURTHER PROGRESS ON INFLATION THIS YEAR. Specifically, he said "it's likely to take longer than expected" to achieve inflation goals which likely means higher mortgae rates for longer. Should you buy now or wait? In this…
Are iBuyers distorting the market❓ I-Buyers or Instant Buyers often get a bad rep This is because they buy properties undermarket value then sell it for a quick profit. They will or will not do some improvements to the property. And this properties sometimes is a problem to the housing…
Worried first-time homebuyers are being left out? Don't be! They still represent a solid quarter of the market. Let's get into it with some solid stats - 26% of current buyers are first-timers, while 21% are investors. It's a bit of a surprise because investor activity is actually up from…
Housing prices continue to outperform while housing affordability continues to erode. What are house prices and inventory doing on a nationwide basis? What does the future of house prices look like? Why are house prices sticky to the upside? Where is housing inventory headed? In this episode, we dive into…
#homebuyers #realestate #mortgage #california
CPI just came in HOT pushing inflation higher than than expected dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon. Consumer prices rose 3.5% from a year ago in March, more than expected which is putting pressure on bonds likely sending mortgage rates higher…
Rising housing insurance costs are not only putting a huge strain on home buyers but also impacting homeowners in a meaningful way. Will homeowners insurance costs continue to rise? Where is this being felt the most? Will homeowners have to sell their homes due to rising costs? In this episode,…
The Housing Market Continues To Appreciate Even In The Face Of Higher Mortgage Rates? What's driving house prices? Are BIG corporations inflating house prices and driving down inventory? How can you compete in a house market when you're competing against companies like Black Rock and Black Stone? In this episode,…
This is very different housing market than during the housing bubble, when a large percentage of borrowers had little or no equity as over 69% of borrowers have current LTVs under 60% (and this doesn’t include all the homes without a mortgage). And 91.2% of borrowers have LTVs under 80%.…
The National Association Of Realtor Just Settled NOT only changing the housing market forever but making it more expensive for first time home buyers to buy a home. What does this settlement mean for a first time home buyer in the 2024 housing market? How will this impact house prices…
House Prices Just Increased nearly 6% year over year while mortgage rates remain near 7% taking housing affordability near record lows. When will housing affordability improve? When will house prices and mortgage come down? Should you buy now or wait? In this live episode, we are going to discuss the…