Many people are asking: why would you buy a house right now with the current market conditions? Of course, you don’t think I’m actually going to make a case for not buying real estate! I’m hearing a lot of complaints from potential homebuyers: There are so many “reasons” why people think they should be waiting. […]
Prepare For The Worst, But Hope For The Best
Here in Southern California, it’s heartbreaking to see the devastation that is happening from these wildfires. The areas being affected are very densely populated. It’s such a good reminder for homeowners about how important it is to be prepared for disasters like this. What You Should Do To Prepare I called my buddy Scott at […]
Remember When We Thought the Fed Cutting Would Help Mortgage Rates?
Do you remember awhile back when we were anticipating The Fed dropping the funds rate and we would see mortgage rates come down? Here’s what’s happening: now, The Fed dropped rates again today – the third time they’ve dropped it. Guess what: mortgage rates are significantly higher compared to when they started cutting rates! It’s […]
Blame it on AI
In today’s video, I’m excited to have a special guest: my daughter! Earlier today, we were talking about an article I found that shared how mortgage declines are way up compared to this time last year. Maddy works in technology and mentioned that it could have something to do with AI. Understanding How AI Plays […]
Where You Get Your Solar Matters – A Lot!
It’s been awhile since I’ve talked about solar, but I feel like it’s worth a mention because it’s become a big deal in the real estate business. It turns out that solar isn’t the easiest business to run, because there’s a record number of solar companies that are closing up shop or going through bankruptcies. […]
Are You Seriously Still Waiting?
Over the last 2 – 3 years, it’s interesting to look at the numbers considering the fact that many people are waiting to buy a house. As I’ve said many times recently: I get it, houses are expensive and house payments are high. But I’m thinking about people who are actually ready to buy a […]
Are Housing Prices Right Where They Should Be?
This report is shared by Franklin Loan Center every month, and it shows some great insights into the current market trends to see where things are going. The main thing I’m hearing lately is that affordability is holding people back from buying a house. There are two parts to this narrative: housing prices are crazy […]
Election’s Over… Now What?
The election is over, and we definitely managed to elect a new president. Thank goodness for a quick turnaround on that! Many of us were worried that it would take forever. How the Markets Responded to the Election The election is what it is. We all survived, and we are all here today. The good […]
I Get It… The Bond Markets Don’t Like It Either
Are you sick and tired of all these political commercials? It’s driving us crazy to hear the non-stop campaign messages. We are all ready for this election season to be over! Is the Election Affecting Interest Rates? It’s not only us: it turns out that the bond markets don’t like it either, and it’s not […]
Is Now the Time – Inventory Levels are Finally Favoring Buyers A Little
A report came out today – and this happens every year around this time – where inventory maxes out and then we see it start to trail off until the spring selling season when it goes back up. The interesting thing about what is happening right now: this peak is the highest peak of inventory […]
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