It is time for a glimpse into the crystal ball and see if we can't use information we have today to estimate what is coming. There are several interesting trends that tend to feed the idea that something bad is around the corner, so today, we will review them and see what we might think they will do to our real estate markets. Also, don't forget that this Saturday, July 16th will be our next Coffee & Real Estate Live Chat on Facebook! Find it here: https://www.facebook.com/whitelawre/live/ L...
Jul 11, 2022•49 min•Season 2022Ep. 610
On this weeks show we discuss recent data revealing the most at risk real estate markets in the United States! Whether you are a buyer, seller or saavy investory, you will want to know the most and least vulerable real estate markets out there right now. Link: https://www.attomdata.com/news/market-trends/attom-q1-2022-housing-risk-report/
Jul 05, 2022•25 min•Season 2022Ep. 705
This week, we are going to gaze into the crystal ball. Several things are going on right now that I believe set the stage for a potentially market killing outcome. Follow along with me in todays show and see if you agree. If I am right, we could be heading into some very tough times over the next few years.
Jun 27, 2022•28 min•Season 2022Ep. 626
Home inventory is ramping up at a pace that I don't think anyone could have imagined just a few weeks ago. In addition, despite recent news that home starts have dropped, we will still see a solid increase in home completions in 2022. I think that spells potential opportunity for buyers and investors and possibly a warning to home owners. So in this weeks show, we will chat about what this shift in inventory could mean for buyers, sellers and investors. Check out the show notes on the website fo...
Jun 21, 2022•22 min•Season 2022Ep. 621
Some of you may know Michael Hellickson from his reputation as a dominant figure in real estate sales. While Michael can clearly offer insights for real estate agents that want to improve their business, his experience can also help buyers, sellers and investors in their real estate journey. Today we will take some time to chat about the big topics in real estate and see what he believes are the right steps to take in your life to prepare for whatever might come down the road, or to get started ...
Jun 13, 2022•51 min•Season 2022Ep. 613
The folks over at realtor.org are reporting that the national inventory of homes increased 11% when compared to the same time last year. This is definitely information worth remembering since, as I have suggested for years now, this is all about inventory. We take that national number and we bring it down to the local level and take a look at the home inventory numbers for Santa Clara County. What we discover is pretty amazing! Source: Realtor Weekly Housing Trends...
Jun 06, 2022•27 min•Season 2022Ep. 506
The real estate industry has done a good job on selling the public on the idea that a "Top 1%" agent is the best choice to get the best results. The truth is that the criteria used to define if an agent is in the top 1% has nothing to do with what you as a buyer, seller or investor wants or needs in their transaction. In fact, because these agents tend to focus on quantity over quality, you actually will have a higher chance of getting lower than average results. In todays show, we chat about th...
May 31, 2022•35 min•Season 2022Ep. 531
Initial indicators are in and suggest we prepare for 'Recession 2022'! Are we in a recession? Right now, we have hit declining GDP for the first quarter. Indicators are there, but for many we are not 'officially' in a recession. However, the question is not will be hit a recession at this point, but when. What is a recession? Big declines in economic activity. Big slow downs in economic activity can have broad effects. With low activity comes lower needs for employees to do what they would norm...
May 23, 2022•37 min•Season 2022Ep. 523
Welcome to Monday folks! Today we are discussing what the metros with the highest price gains are and how we can use that information to make smarter decisions as buyers, sellers and investors. These are not the most expensive metros, but areas where the highest percentage increase has happened. So join me for the discussion of these areas while we take a slightly closer look at the number 1 market on this list! Link: https://magazine.realtor/daily-news/2022/05/03/10-metros-with-the-highest-year...
May 16, 2022•27 min•Season 2022Ep. 516
Check out this list of 10 cities where realtor.com is reporting home prices are actually dropping! Are they really? Join me as we review the list and separate the hype from the reality - because the story they are trying to tell with their headline is NOT what is actually going on in these areas. https://www.realtor.com/news/trends/where-home-prices-falling-the-most/
May 09, 2022•47 min•Season 2022Ep. 509
I don't often do interviews on Real Estate Realities, but this one really grabbed me! One of the ways to approach real estate is through land. We have brought up land before in the context of strategies to get your first home by building it yourself. Today, Brent is going to offer us strategies that can not only get you started with that effort, but also help you explore this option as an investment strategy. So make sure to listen to the end - the knowledge nuggets are going to be dropping righ...
May 02, 2022•41 min•Season 2022Ep. 502
Huge real estate investors are loving the student housing market. In fact, the American Campus Communities organization was recently purchased for $12.8 Billion! Keeping your eye on options, this kind of interest should suggest you consider student housing as one of your options - even if you have no interest in it right now, you can always keep that option in your back pocket - to make it through whatever market might be around the corner. Suggested Reading: https://magazine.realtor/daily-news/...
Apr 25, 2022•18 min•Season 2022Ep. 425
The average interest rate nationally for a 30 year fixed rate loan hit 5%. As I suggested in the past, I thought 5% might just be the magic number that pushes a bigger change in the mindset of buyers. In todays show, we will discuss interest rates and as we usually do, what it means for buyers, sellers and investors.
Apr 18, 2022•30 min
We chatted about real estate 'love letters' in a podcast last year . The state of Oregon felt that they needed to weigh in on the subject of whether or not buyers should be allowed to submit a letter with their offer on a home. The idea that any law makers would think they have the authority to so fundamentally interfere with the right to free speech was a bit of a stunner. However, as we suggested might happen, that law has been challenged and struck down. So, with those love letters now establ...
Apr 11, 2022•26 min
In todays show we look at the real Foreclosures in 2022 data and just how worried you should be! The Current Headlines We are all busy. Which means that we spend a great deal of time skimming the news rather than reading it. Of course, that means we will frequenly get left with the wrong impression when it comes to what is actually going on. Herea are the headlines from a few popular news sources: U.S. FORECLOSURE ACTIVITY IN JANUARY 2022 HIGHEST SINCE BEGINNING OF COVID-19 PANDEMIC U.S. forecl...
Apr 04, 2022•26 min
Will 2022 be the year when real estate pivots? There are a whole lot of things going on today that could spin the economy in one direction or the other. Inflation, the end of stimulus payments, interest rates, supply chain issues, etc - all in play today. You can check out the full show notes at https://www.soldbyrobert.com
Feb 17, 2022•40 min
In todays show we are going to be interviewing buyers who purchased a home in San Jose earlier in 2021. Some of the topics we will discuss include: How did the home search go? How difficult was it to submit offers and finally get one accepted? Were there any special challenges during the escrow process? What worried you most as a buyer? In such a tough market for buyers, how do you avoid overpaying? The goal here is to draw directly from the real world experience of real estate buyers so that yo...
Nov 09, 2021•1 hr 6 min
On todays show we will take some time to discuss the eviction ban and why the CDC does not and should not have authority to declare an eviction ban. The core points as I see them come down to property rights and our right to freely contract between one another for goods and services.
Aug 31, 2021•23 min
Oregon Has Passed A Law Against Offer Love Letters What Are Real Estate "Love Letters"? You read that correctly. The state of Oregon has made what are commonly called "Love Letters" illegal - well, mostly anyway. These are letters that agents create with their buyers to reach out to sellers on a personal level. The goal is to connect with sellers, outside the sterile language used in contracts, disclosures and addendums. It is an opportunity for buyers and their agents to try and leverage off of...
Jul 16, 2021•30 min
We have talked about how to work through finding the right real estate agent for you in past shows. Today we take a real life example of situations where an agent makes claims that seem focused on the results you are looking for. However, the devil is in the details and there are questions you should ask to help pin down whether or not an agent can actually deliver the goods. So in addition to the usual questions (which I have linked to in this show), these are some follow ups to ask when your p...
May 25, 2021•36 min
Todays show begins with a public service announcement! Make sure to take note so that you don't get caught without what you need! We will also discuss the reality on the ground in this insane real estate market. With my recent experience in #sanjose, #willowglen and #japantown, we can discuss what is really happening and also take some time to identify ways to spot better deals where you will not have to offer $400k over asking price! On tap will also be the latest overall home inventory numbers...
Mar 29, 2021•37 min
Hydrogen is kind of amazing. It can do a whole lot for us and generate no pollution - unless you consider water vapor to be pollution. There are efforts going on in the United States and in England to bring the hydrogen home into reality. Now this is a huge deal. There are tons of ways to create hydrogen, it is the most plentiful substance in the universe. You can extract it from things like garbage... just to name one. So lets spend a little time to talk hydrogen and how it could revolutionize ...
Feb 18, 2021•19 min
It is the time of year to check out recommendations for the most promising locations for real estate in 2021. Today, we will review 5 metro areas that one outlet is promoting as great places to invest and live. Plus, we will sprinkle a little rebelbroker insight into that topic and see what the payoff could be for buyers, sellers and investors. Article Mentioned In Todays Show
Feb 02, 2021•37 min
These latest numbers are nuts. There are more renters who are behind on rent than there were homeowners that got foreclosed on in the subprime fiasco. Since banks are not directly involved, that will change the nature of the crater that gets created - but there will be a crater. Articles Referenced In Todays Show: https://www.cnbc.com/2021/01/25/nearly-20percent-of-renters-in-america-are-behind-on-their-payments.html
Jan 28, 2021•27 min
Zillow has released the results of a recent poll of economists and real estate experts regarding what they believe are the most likely real estate markets to perform well in 2021. We are going to chat about those markets and then discuss the other end of the spectrum - the 3 real estate markets that are expected to underperform the most - and if you have been paying attention, I don't think you will be surprised! Article Referenced In Todays Show: https://www.cnbc.com/2021/01/21/best-real-estate...
Jan 26, 2021•22 min
Most are talking about a great real estate year ahead. Are they right? If you browse the news today, the general opinion seems to be that things are just ramping up for an amazing year for real estate growth and appreciation. Maybe they are right. However, being the person pointing out issues and potential pitfalls in the market is the same place I found myself in back before the real estate downturn in 2007. The media seems pretty convinced on what will happen with real estate in 2021 The headl...
Jan 20, 2021•38 min
California has been a hot state to invest in real estate for decades. The reason is the sheer number of people that are drawn here by the natural beauty of California but also its robust employment opportunities. That landscape is changing. With the growing acceptance of working from home, workers - more than half of them - are looking for the exit. In todays show, we are going to look at a few of the realities that have shifted as companies like Oracle flee California and a majority of people l...
Dec 19, 2020•23 min
It is time to take a look at the results for the 2020 California Propositions that were aimed either right at real estate, or would have had a big effect on the real estate market. Those included: Proposition 15 - Split Roll Property Taxes to increase commercial taxes Proposition 19 - Property Tax Transfer Breaks Proposition 21 - Rent Control There is good news for folks in the world of real estate, but there is a good reason to take a minute and think about these results. While all is well now,...
Nov 13, 2020•14 min
Even if you support the idea of Proposition 15, you need to at least accept that this is the absolute worst time to pass such a law. At a time when we need to foster growth of jobs and new business and make it easier for struggling business to recover from COVID quarantines - this is just about the worst thing you could consider doing to make the situation even worse. —————————————————————————————————————————————————— ➡️ Instagram: https://www.instagram.com/rebelbroker/ ➡️ Twitter: https://twitt...
Oct 02, 2020•28 min
In todays show, we are going to chat about the August numbers for the National Association of Homebuilders and their record setting levels of confidence. There is so much discussion about how the current real estate market is blowing the doors off, I think it is a good time to look at more of the data and get a better grip on what the reality might be. ----------------------------------------------------------------------------------------------------- Find Me On Social Media ➡️ Instagram ➡️ Twi...
Sep 03, 2020•10 min