Today, we’re continuing with the topic of investment properties. It continues to be a relevant topic, especially with the things that are currently happening with other types of investments. A few days ago, the stock market lost over 1000 points, which made me stop to consider where people are investing their money. Real estate is […]
Real Estate Investors and 1031 Exchanges
I’m seeing a bunch of investor activity over the last few months, and it’s worth pointing out. Investors are looking at their current rental properties, and they are seeing that maybe they have hit the peak for now. So they are taking the cash off the table, and now they are using this big chunk […]
Count Rent from ADU to Qualify
Let’s talk about how you can use rent from ADUs to qualify as a buyer. When you are qualifying for a mortgage, it’s smart to utilize all of the income sources that are available. What is an ADU? An Accessory Dwelling Unit (ADU) is a big thing in California, especially because most places in the […]
Housing Data Surprisingly Strong Considering the Run in Interest Rates
It’s no surprise that real estate volumes are slowing down, and there are less buyers in the market. Recent housing data is showing that existing homes sales are down by almost 30%. What’s interesting is that some of the price appreciation numbers speak to the level of buyers vs sellers (the inventory problem): we are […]
Are Home Buyers Finally Getting Their Chance to Negotiate?
We’ve been talking about the real estate market a lot lately, and we are seeing the market shift quite a bit right now. There is significantly more inventory in areas, which is giving the opportunity for buyers. Finally! Is It Finally a Buyer’s Market? We always have back-and-forth trends regarding whether it’s a buyer’s market […]
Buying Real Estate in the Metaverse – And Inflation Data
To start on a much lighter note: did you know that you can buy real estate in the Metaverse already? I recently saw an interview with Mark Cuban and they were talking about how there is a piece of land next to Snoop Dog’s property that you can buy for $458,000 in the Metaverse. I’m […]
The Recession Has Begun… Or Maybe Not
I wanted to follow up about what I discussed in last week’s video: the GDP number that came out on Thursday. It showed another quarter of negative growth, which leads to ongoing conversation that the recession has started. I wanted to add my thoughts and give you a few bits of perspective. Economic Slowdown is […]
Fed Day Today and GDP Tomorrow
There are big updates today that a lot of people are paying attention to: it was established that the Fed increased rates by 3/4 of a point. If you look at the charts behind me, you’ll see the green numbers which show positive movement for mortgage rates. Fed Fund Rate Doesn’t Correlate to Mortgage Rates […]
Existing Home Sales Surprisingly Strong!
We received data for existing home sales in June, and the numbers are worth taking a look at. Obviously, this is a report that comes out every month – and we’ve been paying more attention to it than usual. There’s no question that things are slowing down, there’s no argument to that fact! But it’s […]
Inflation is Still Running Hot, As Expected, But Don’t Panic!
Today’s topic is about the CPI (inflation) number that came out this morning: a record-high 9.1%. It’s definitely running high and we are all feeling it, of course. But this is totally to be expected and will continue happening for the next few months. What to Expect in the Next Few Months From last year, […]
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