W cover the $1.78B Sitzer/Burnett collusion verdict against the National Association of Realtors and other major real estate brokerages due to inflating real estate commission. I break down the details of the case and answer the questions: -The big winner of the $1.78 realtor collusion lawsuit -Details of the NAR collusion lawsuit - Can you negotiate commission with your Realtor -How do realtors get paid? -How the National Association of Realtors Sitzer/Burnett lawsuit will negatively impact the...
Nov 06, 2023•22 min
Real Estate After Dark covers this week's housing market news. This week's stories are Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/ -Fed Extends Pause on Rate Hikes but Keeps Door Open to Moving Higher: The central bank is sorting through the implications of unexpectedly strong growth and higher borrowing costs. I'll discus how this may...
Nov 02, 2023•14 min
In this week's episode we discuss assumable mortgages. An assumable mortgage allows the buyer to purchase a home by taking over the seller's mortgage loan. One reason buyers decide to buy a home with an assumable mortgage is to take advantage of financing with a lower interest rate if rates have risen since the seller originally purchased the home. Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw Outside of Dallas? Connect w/ a dope Realtor in your ...
Oct 30, 2023•7 min
Real Estate After Dark breaks this week's housing market news. Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/ This week 'm joined by Sam of @blackrealestatedialogue and we discuss *Mortgage rates hitting 8% and if it is really the worst time ever to buy a home. *Biden Unveils Plan To Increase US Homeownership — How It Benefits Low-to-Middle-I...
Oct 26, 2023•41 min
I discuss the legality of buy a CPN. The process of buy a CPN. What happens when you buy CPN What you can use a CPN for. The upsells that happen when you buy a CPN and is buying a CPN worth it. Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/ This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealt...
Oct 23, 2023•17 min
These are the pros and cons for the 2-1 mortgage interest buy down. I also discuss properly budgeting for the future when doing a 3-2-1 or 2-1 rate buydown, I also discuss an alternative to the mortgage interest rate buy down. Looking for a home in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw Outside of Dallas? Connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/ This is a show for millennial first time home buyers looking to buy their 1st ...
Oct 19, 2023•11 min
10.15 Real estate after dark we discuss this week's housing news: 1:22 I discuss the Oct 12th inflation report and the impact it has on the housing market: Inflation and the housing market: Decoding the latest numbers 6:43 The Airbnb "renter from hell". LA law protects Airbnb guest living at Brentwood rental for 500+ days without paying rent 12:57 The lawsuit against NAR, the National Association of Realtor, ReMax and other brokerage. NAR warns of “Wild West” if plaintiffs win brok...
Oct 16, 2023•19 min
This is how a first time homebuyer can figure out how much home they can afford no matter what the interest rates are in their market. - I break down the major components of your debt to income ratio. -I break down the difference between what you can afford and qualify for Looking in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw Outside of Dallas? connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/ This is a show for millennial first time h...
Oct 10, 2023•13 min
This week's housing market and home buying news. Real Estate After Dark 10/4 ☎️Looking in Dallas? Schedule a call w/ me: https://calendly.com/houserich/dfw 🗺️Outside of Dallas? connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/ -Wells Fargo economists expect Fed to cut interest rates dramatically in 2024 -Fed's preferred inflation measure shows slowest monthly increase since 2020 -Biden's top economist says the key to ending the housing crisis is...
Oct 06, 2023•13 min
In part II discuss how racial bias impact the appraisal industry and how it impact minority communities with Devin Minnis & supervisor Jacquelin "Jack" Sonceau of Beltway Appraisal 2 black appraisers. -Is there racial bias in the appraisal industry? -We talk about a case where a black couple's home was evaluated $500k under -Can technology prevent racial bias in the appraisal industry? -Can training help prevent racial bias in the appraisal industry Looking in Dallas? Schedule ...
Oct 05, 2023•43 min
I interview black appraisers Devin Minnis & supervisor Jacquelin "Jack" Sonceau of Beltway Appraisal. They are a rare breed as only 2% of appraiser are black. In part 1 of this episode well discuss. *The steps needs to become and appraiser *The qualifications needed to become and appraiser *What appraisers actually do *What appraisers look for when evaluating a property *How appraisers evaluate unique properties and more... This is a show for millennial first time home buyers looking to buy thei...
Oct 03, 2023•46 min
Looking in Dallas? Schedule a call w/ me:https://calendly.com/houserich/dfw Outside of Dallas? connect w/ a dope Realtor in your local market: https://homeandmoney.com/houserichdave/ This weeks 9/27 Real Estate After Dark, home buying news topics -homeowners insurance companies like state farms and farmers canceling and raising insurance premiums due to climate change -Douglass Elliman and 30 luxury agent involved in a fair housing lawsuit due to nor adequately helping a section 8 renter -Kevin ...
Sep 29, 2023•22 min
I break down the major scams and lies I see from unprofessional credit repair companies based on my real life experience in the mortgage industry. -Why credit repair companies cant legally guarantee timelines -The ridiculous of CPN and who they are illegal -Why mortgage inquires don't matter -Why credit repair companies suggest "don't pay collections" This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real es...
Sep 26, 2023•19 min
•Why the Fed is raising rates •Fed rate hikes historically •Mortgage rates historically •Mortgage rate impact •Predictions for the Nov meeting This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️ 🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local look...
Sep 22, 2023•13 min
I interview home inspector Nita Davidson on tips for first time homebuyers going through the inspection process we cover. -How to become a home inspector and how much home inspectors make -Setting expectations during the home inspection -10 major systems to look at during a home inspection -Deal breakers and non-deal breakers during a home inspection -Sewer scope inspections -Items 1st time homebuyers overlooks during a home inspections -How to handle mold during a home inspection -What 1st time...
Sep 19, 2023•37 min
This week's first time homebuyer news • CFPB fines Freedom Mortgage and Realty Connect for Illegal Kickbacks for referrals. I cover how to identify these pay for play schemes as a first time homebuyer and how to protect yourself • Will return to work policies increase inventory? • Is there a “black swan event” coming in the housing market • Rate lock volume plummets in least affordable housing market in 40 years • Q &A https://www.consumerfinance.gov/about-us/newsroom/cfpb-penalizes-free...
Sep 15, 2023•22 min
In this episode I cover questions that first time home buyers should be asking Realtors in order to make sure they are the right fit. 🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️ 🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking to buy I'd love to help. I'm Veteran (Go Navy!!) and have helped 100s of Texas (and out of towners) buy homes in my pervious life in the mortgage industry (I'm a guidelines nerd). Reach out to wor...
Sep 12, 2023•15 min
Real Estate After Dark 9/6: I breakdown the updated 2023 housing market forecast from Fannie Mae, Zillow, Wells Fargo Goldman Sachs, the Mortgage Bankers Association and other organizations. I also break down why builder incentives make this a great time to but a new construction home. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 🏠🏡🔑🗝️�...
Sep 09, 2023•11 min
I discuss the guidelines for Zillow's 1% down loan program. I talk other companies that have 1% down loan programs and what to look for to identify if the program works for you. Why certain real estate gurus and personalities discourage you from using certain lenders. Finally i discuss the pros and cons of down payment assistance. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build...
Sep 08, 2023•21 min
My loan being decline right before my wife and I got married is what started my professional real estate journey. I go over that story, how I house hacked at 21 w/o my roommate knowing, bought my 2 property and this turned me home buyer education advocate and expert (can I call myself an expert?). This is a show for millennial first time home buyers looking for actionable steps to but their first home. 🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️ 🤠I'm a Realtor in Dallas, TX. If you&#...
Sep 05, 2023•21 min•Season 3Ep. 1
Season 3 Line up so far -Home inspector letting you know what to looks for as a first time home buyer -2 award winning black appraiser covering what they look for and if there is bias in the industry - Heavy focus on guideline breakdown with a focus on actionable steps you can take as a 1st time home buyer -The headlines/news episode will be moved to YouTube live and dropped on Fridays 🤠I'm a Realtor in Dallas, TX and a Veteran (Go Navy!!) with a background in mortgage lending and underwriting....
Aug 31, 2023•4 min•Season 3Ep. 1
Bonus episode. If you enjoy these type of episode let me know. I typically just do them on my YouTube In this episode I react to @EarnYourLeisure episode entitle "Housing Crisis: Is Affordable Housing a Trap? Landlords vs Tenants, Where Can You Afford to Live?". I give my feedback on -Is there an Airbnb crash? -If so will an Airbnb crash impact the housing market? -Will a rent strike work -Why is there a lack of affordable housing -Does affordable housing and rent control keep the blac...
Aug 17, 2023•33 min
Appreciate y'all for tunning in. Wanted to provide an update on where things stand as well as give some feedback. email: [email protected] Schedule a 1 on 1 or get a referral:https://calendly.com/houserich thanks, Dave
Aug 15, 2023•2 min
I cover Zillow, Fannie Mae and AEI's 2024 housing market predictions as well as where mortgage interest rates will go in 2023 and 2024. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️ 🤠I'm a Realtor in Dallas, TX. If you're looking to move to the Dallas, TX area or a local looking...
Aug 08, 2023•10 min
First-Time Buyers Need to Earn 13% More Than a Year Ago to Afford the Typical starter Home. I discuss why that is the case and why home prices for starter homes in the US may never experience a crash. I also over the top 50 metros and how much the average homebuyer needs to buy a home. @redfin article:https://www.redfin.com/news/starter-homes-price-income-needed-increase/ This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real...
Aug 03, 2023•8 min
According to recent data from @fortune the home prices in the US are up 41.79% since the start of the pandemic. In this episode I cover -the home prices increase in 20 major US markets -Why you already missed the housing crash -Why the supply of home in the US will stay at all-time lows This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 🏠🏡🔑🗝️...
Aug 01, 2023•8 min
Jerome H. Powell, the Fed chair, announced that the central bank raised interest rates to a range of 5.25 to 5.5 percent, the highest level since 2001. The Fed's monetary policy actions are guided by our mandate to promote maximum employment and stable prices for the American people. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 🏠🏡🔑🗝...
Jul 28, 2023•6 min
**Really curious on your feedback on this episode, would you like to see more or less episode like this? I break down Larry Cheung's "Housing Market Predictions: The 2023 Housing Crash Has Just Begun (It's Now Completely Illiquid)" video. I think its a well thought out premise and back up with data but lacks over all context. Let me know your thoughts, who do you agree with and let me know what videos/takes should break down next This is a show for millennial first time home bu...
Jul 25, 2023•26 min
https://youtu.be/fVgnKl1k3u8 Base on the % of home price increases and decrease in the top 200 housing markets it looks like the housing market crash/correction ended in June of 2023. I also examine -How the consumer price index and inflation impacts the housing market -How the Federal reserve raising the bench mark rates impacts the market -Why the information in your local market matter than what happening nationally This is a show for millennial first time home buyers looking to buy their 1st...
Jul 20, 2023•11 min
How to find down payment assistance and home buyer grants for your city, count and state when buying a home. These down payment assistance programs and grants are geared toward first time home buyers. This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap. 🏠🏡🔑🗝️🏠🏡🔑🗝️🏠🏡🔑🗝️Important info below ⤵️ 🤠I'm a Realtor in Dallas, TX. If you'...
Jul 11, 2023•13 min
