Real Estate Radio Hour - podcast cover

Real Estate Radio Hour

Real Estate Radio Hourwww.andyandrooney.com
Get the latest Twin Cities real estate news and infomation. We cover a variety of related topics that will prove educational, informative, and entertaining. Join hosts Chris Rooney, Broker at RE/MAX Preferred and Andy Prasky, leader of the Preferred Home Team at RE/MAX Advantage Plus, as they share their knowledge and insight.
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Episodes

New Mortgages Down 47%, US Lenders Are Starting To Go Bankrupt #minnesotarealestate #realestate

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1125504048124001 Youtube Video Version: https://www.youtube.com/watch?v=EhyVrCMNvmA With new mortgages down 47%, US lenders are starting to go bankrupt — could this one factor trigger the worst surge of failures since 2008? https://finance.yahoo.com/.../mortgages-down-55-us... The Year In Weird and/or Expensive Minnesota Real Estate https://racketmn.com/the-year-in-weird-and-or-expensive.../ Luxury living in Minnesota's ...

Dec 23, 20221 hr

Future Of Real Estate With Augmented Reality #minnesotarealestate

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/621575673072630 Youtube Video Version: https://www.youtube.com/watch?v=jx26iBMyRfw Ai App Dominating Social Media... Backing out of a new construction home closing in next 1-2 months Closing on a Home Later This Month and Locked in Rate at 7.125%, how can I get a lower rate before closing? Co-op board purposely delaying the sale of my unit to cash in on 2023 new 3% flip tax. What can I do? Future of Real estate with augm...

Dec 16, 20221 hr 6 min

Minnesota Has The Best Living Standard In USA? #realestate

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/2684398758357172 Youtube Video Version: https://www.youtube.com/watch?v=e7lgfDmjYn8 Minneapolis's Hilton Hotel Foreclosing https://www.cbsnews.com/.../why-minneapolis-hiltons.../ Minnesota Tops Country For Best Living Standards Why didn't the NAR or MLS build something like Zillow/Redfin and capture their ad and referral revenue? Real estate investors sold Somali families on a fast track to homeownership in Minnesota. Th...

Dec 09, 20221 hr 4 min

October New Home Sales Jump, Twin Cities Properties Under 100k #minnesotarealestate

Youtube Video Version: https://www.youtube.com/watch?v=SKblzqQkBN8 Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1648863382250529 Let's have a great day! Ryan Cos. Plans Another West End Office Tower https://tcbmag.com/ryan-cos-plans-another-west-end.../ Five Unusual Midwestern Accommodation https://www.chicagomag.com/.../five-unusual-midwestern.../ U.S. October new home sales jump despite higher mortgage rates https://www.marketwatch.com/.../u-s-new-home-sales-defy...

Dec 01, 20221 hr

History Of Minnesota Real Estate In Memory Of Phil Rooney

Youtube Video Version: https://www.youtube.com/watch?v=_hFLjqXMjwI Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/3065009653804762 We take a trip down memory lane to reflect on the passing of a long time Minnesota realtor Phil Rooney.

Nov 29, 20221 hr 7 min

Layoffs Hit Real Estate, But Market Remains Strong? #minnesotarealestate

Youtube Video Version: https://www.youtube.com/watch?v=Ph_DKyOY5lM Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/506685851483229 37% of real estate agents in the US couldn't afford to pay their rent in October https://finance.yahoo.com/.../37-real-estate-agents-us... Nearly half of small restaurant businesses couldn’t pay rent in October https://www.nrn.com/.../nearly-half-small-restaurant... Who Is The Largest Landowner In Minnesota? Should I take this offer to buy...

Nov 19, 20221 hr 2 min

How Will The Election Affect Minnesota Real Estate?

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/686431872740821 Youtube Video Version: https://www.youtube.com/watch?v=W6MsuDV_z5Q Welcome Back! Today: Rochester stores sold for $12.72 million amid wave of Med City real estate deals https://www.postbulletin.com/.../a-pair-of-rochester... 800s apartment building in Minneapolis' North Loop neighborhood sold to a San Francisco-based multifamily investment company for $7 million. https://www.bizjournals.com/.../historic-m...

Nov 12, 20221 hr 4 min

Worst Places To Live In Minnesota, Advice On Buying Foreclosures #minnesotarealestate

Youtube Video Version: https://www.youtube.com/watch?v=CT7aPeab9h0 Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/449432977271529 Median home monthly payment for 30 year with 20% down is up 80% from a year ago. That's $1,000 per month increase for a mid-400K home. Worst Places To Live In Minnesota https://www.roadsnacks.net/worst-places-to-live-in.../ Buying A Foreclosure, Advice? Social Reacts Sell This Home!...

Nov 04, 20221 hr

No Housing Inventory Armageddon Any Time Soon (Happy Haloween ;)

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1602373123532684 Youtube Video Version: https://www.youtube.com/watch?v=xqdhF7Fp6rc 8 Reasons we won’t have housing inventory armageddon any time soon https://www.realtrends.com/.../8-reasons-we-wont-have.../... Why has no one been able to disrupt the 3%/3% seller/buyer agent commission model in US residential real-estate? When are your thoughts when dealing with an unrepresented buyer? Guess the top rated High schools i...

Oct 28, 20221 hr

Inflation Isn't Stopping, Rates Will Continue To Go Up? (Minnesota Real Estate)

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/5927721193927943 Youtube Video Version: https://www.youtube.com/watch?v=EOwfTpXUbjU Core US inflation rises to 40-year high, securing big Fed hike; stock futures fall Shady tactics of Redfin's price estimates? Running property tax numbers before you buy, importance Are many buyers taking adjustable rate mortgages now? Good or bad sign? RHP Properties buys seven Minnesota mobile home parks for $25M. Thoughts? https://www....

Oct 21, 202258 min

Twin Cities Real Estate Agents Apologize For Homeownership Gap? (Minnesota Real Estate)

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1103481596956447 Youtube Video Version: https://www.youtube.com/watch?v=dI__o4yj5KM Welcome Back ! Twin Cities real estate agents apologize for their role in homeownership gap https://www.startribune.com/twin-cities-real.../600215195/ Why are the majority of realtors I deal with not fond of escalation clauses? Real Estate Scams Sell This Home! (Blind) Social Media Reacts Opendoor says no room for negotiation Photo Credit...

Oct 14, 20221 hr 4 min

Home Prices Post Biggest Monthly Decline Since Great Recession #realestate #minnesota

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/868727350778321 Youtube Video Version: https://www.youtube.com/watch?v=XkFK2SEaSHo Prices Plunge? Sell A City (Randomly pick a city in your guys area, go off the top - pros & cons) Social Media Reacts I can finally afford a home with a down payment but don't know what to do with the current market. I feel I've missed the boat and waiting two to five years just makes me depressed. Advice? Apparently a property I bid o...

Oct 07, 20221 hr 3 min

Minnesota Lake Real Estate Up 50% From Last Year

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1231664090953098 Youtube Video Version: https://www.youtube.com/watch?v=i8INBdnpv88 Refinance is up 10.4% this month, is this a good sign or bad sign for RE market? Lender offering 4.99% APR 30 yr fixed? Too good to be true? Do you think real estate agents will become obsolete by technology ? Value of Minnesota's lake real estate listings jumps nearly 50% since last year Social Reacts Sell Home Live...

Sep 30, 20221 hr 1 min

Rates Rise = Deals Come (Minnesota Real Estate)

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/628974495491591 Youtube Video Version: https://www.youtube.com/channel/UCP-FWUNpmSBwCKqsNv8DVmA Deals Are Coming... Interest Rates Rising Insights From Parade Of Homes Home-Flipper Opendoor Hit With Losses in Echo of Zillow Collapse Open door lost money on 42% of its transactions last month (before fees). https://www.bloomberg.com/news/articles/2022-09-19/home-flipper-opendoor-hit-with-losses-in-echo-of-zillow-collapse?l...

Sep 23, 20221 hr 1 min

Inflation Keeps Rising... What Happens Next In Minnesota Real Estate

Facebook video: https://www.facebook.com/RealEstateRadioHour/videos/2268419269974666 Youtube Video: https://www.youtube.com/watch?v=ANsTb9tc9ag Mortgage rates reach highest level since 2008 https://edition.cnn.com/.../mortgage-rates.../index.html August Inflation 8.3% YoY https://edition.cnn.com/.../august-cpi-inflation/index.html What I wish I knew about home ownership (reddit thread) https://www.reddit.com/.../what_i_wish_i_knew_about_home.../ Builder is offering 14K in closing costs. What giv...

Sep 16, 20221 hr 3 min

Lender Explains Rate Surge (6%), a 14-year high

Facebook Video: https://www.facebook.com/RealEstateRadioHour/videos/829422858070821 Youtube: https://www.youtube.com/watch?v=g7VFAV7DtaA Schedule: Randy Cullen (Fairway Independent Mortgage) Comes On To Explain: What Rates Are Doing? How It Affects You? & More... Inventory Is half of what it was 5 years ago https://fred.stlouisfed.org/series/ACTLISCOUUS What I wish I knew about home ownership (reddit thread) Is it really THAT difficult to sell a house that has solar panels? Context: I'm a so...

Sep 09, 20221 hr

How Student Loan Forgiveness Will Affect The Housing Market

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/641467270528211 Youtube Video Version: https://www.youtube.com/watch?v=viVsQKfL3TA Schedule: How do you think student loan forgiveness will affect the housing market? What are some other nonsensical common home staging techniques that you have observed? What Homeowners Wish They Knew About Home Ownership (Reddit Thread) Quiz On Current Minnesota Real Estate Stats Social Reacts SELL THIS! Photo Credit: https://www.ramseys...

Sep 02, 202258 min

Minnesota Luxury Real Estate

Facebook video version: https://www.facebook.com/RealEstateRadioHour/videos/1108649716697160 Youtube: https://www.youtube.com/watch?v=NVo08JHktt0 Schedule: Market This! - Island Home In Minnesota... Associated Bank provides $67 million in financing for construction of Minnesota luxury multifamily development https://rejournals.com/associated-bank-provides-67.../ If you had $1,500,000 to buy a house anywhere in Minnesota, where would you buy? Purchased home then found out the state is tearing dow...

Aug 26, 20221 hr 2 min

China's Real Estate Mess, Compass Lost 100 Million & Ends New Agent Equity

Full Video Version Facebook: https://www.facebook.com/RealEstateRadioHour/videos/1069035033986904 Youtube Video Version: https://www.youtube.com/watch?v=ocKUHfGjDn0 \What's happening in the market? China's Real Estate Situation... will it affect USA housing? Compass loses 100 Million, no more equity to new agents... Associated Bank provides $67 million in financing for construction of Minnesota luxury multifamily development Market This! ~ Flower Farm.... Social Media Reacts...

Aug 19, 20221 hr

Retrofitting Craze Is The Housing Crisis Solution?

Full Video Version Facebook: https://www.facebook.com/RealEstateRadioHour/videos/1192313021331836 Youtube Version: https://www.youtube.com/watch?v=f4bB6Lm-ALQ Schedule: What's happening in the market? retrofitting:what we think, unique examples, housing crisis solution? real estate memes: MLS weird descriptions.... social media reacts market this house : stunning retro Minneapolis home Quiz

Aug 12, 20221 hr

Day In The Life Of A Realtor

Schedule: Day In The Life Of A Realtor Can someone explain how and why apartments can be rented out for an equivalent of a home mortgage in the same area? The rent for our apartment has been raised from $1600 to a little over $2000 a month. We are purchasing a house with the value for $380,000 in the same general area and were quoted for a mortgage of around $2400 a month (this quote has now increased because of the interest hikes). I'm aware this is incredibly naive, but I've always thought apa...

Aug 05, 20221 hr 1 min

What Do We Consider A Real Estate Crash?

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/767826197679391 Youtube Video Version: https://www.youtube.com/watch?v=LM4j0PA9Nus The median price of an existing home sold in June set yet another record at $416,000, an increase of 13.4% year over year. Inspections And the importance of them. What are some things you should consider/look to determine the next hottest location? What exactly do you consider a "market crash"? https://www.reddit.com/r/RealEstate/c... How ...

Jul 29, 202259 min

Redfin: Prices Begin to Fall from Record Highs

Facebook video version: https://www.facebook.com/RealEstateRadioHour/videos/743780413594045 Youtube Video Version: https://www.youtube.com/watch?v=eo-RAeFB094 Schedule: Housing Market Update: Prices Begin to Fall from Record Highs https://www.redfin.com/.../housing-market-update-prices.../ All the news about people canceling their contracts nationwide … is it because they are still trying to buy at their 2021 buying power and not accepting that the interest rates will no longer support that same...

Jul 22, 20221 hr 6 min

Is The Bullwhip Effect Coming To Real Estate?

Facebook video version: https://www.facebook.com/RealEstateRadioHour/videos/1885874381743629 Youtube version: https://www.youtube.com/watch?v=v8FRzm28mVI Schedule: Michael Burry says The Bullwhip Effect Is going to hit the economy - will it hit real estate? US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008 https://www.bloomberg.com/.../us-mortgage-rates-plunge-to... How soon til the 40 year Mortgage is normalized to help offset the rising interest rates? Should you hide anything in lis...

Jul 15, 20221 hr 5 min

Real Estate Market Is An A Lull 😴

facebook full video version: https://www.facebook.com/RealEstateRadioHour/videos/345241977785613 youtube full video version: https://www.youtube.com/watch?v=HWstNyHlME8 What's happening in the market? - how would you describe what is going on? Agent efforts as the market is slow? Story Time ~ What surprises awaited you after you bought your property? https://www.reddit.com/.../what_surprises_awaited_you.../ Realtor Says Comps are Old School When we ask our realtor for comps (as buyers), she says...

Jul 08, 202259 min

Financing Options Used To Fight Rising Rates (Real Estate)

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1028566114698093 Youtube Version: https://www.youtube.com/watch?v=RIkl042YVoc Financing options that are being used to fight rising rates. JPMorgan lays off hundreds of employees in mortgage division as rates spike https://www.reuters.com/.../jpmorgan-lays-off-hundreds.../ Is it possible to put nothing down to buy your first home? Why would my agent be discouraging me from listing on the MLS? Water crisis will be the str...

Jul 01, 20221 hr 2 min

Median Home Sales Price Surpasses $400,000 for the First Time In History

Youtube Video Version: https://www.youtube.com/watch?v=5rP6dv-i_aY Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1575844072809795 Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First Time https://www.nar.realtor/newsroom/exis... What is your definition of a starter home in 2022? Has it changed In the past 20 years? "Recently Updated" means grey paint, white trim, and a barn door. There, I saved you from having to learn that like ...

Jun 24, 20221 hr 2 min

Biggest Rate Hike In Decades, How Will Real Estate Respond?

Video version facebook: https://www.facebook.com/RealEstateRadioHour/videos/1076832556283398 Youtube: https://www.youtube.com/watch?v=LNCHYFd_dH0 Schedule: The Fed delivers biggest interest rate hike in decades to combat surging inflation https://www.npr.org/.../federal-reserve-interest-rates... Redfin reporting 20% of all new homes were bought by investors https://investors.redfin.com/.../investors-bought-a... 30 Yr mortgage crossed 6.13% 6.18% now Big move in MBS market today, $585k has the sa...

Jun 17, 20221 hr

Real Estate Therapy

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/709077680368226 Youtube Video Version: https://www.youtube.com/watch?v=05qCiUjV_NI Schedule: What's Happening In Market Real Estate Therapy Social Media React Real Estate Meme React Pop Quiz

Jun 10, 20221 hr 1 min

Solving Reddit's r/realestate Problems

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/698855914720185 Youtube Video Version: https://www.youtube.com/watch?v=c_OKh0_auOQ We are getting in touch with the times... today we help the popular subreddit r/realestate with their real estate problems! - How Will Summer Season Play? - Typical Summer Market? Real Estate Meme React Real Estate Social Media React Reddit: Is it common for a buyer to switch lenders right after making an offer? Seller turns down full offe...

Jun 03, 20221 hr 2 min
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