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Everything Lags…Making The Media & The Fed Wrong (AGAIN)

In 1992, the rock band R.E.M. released the annoying song, Everybody Hurts. And, sensitive Gen Xers everywhere played it loudly and proudly on their Sony Walkmans and boomboxes to prove […]

September 30, 2022 3 min read
Everything Lags...Making The Media & The Fed Wrong (AGAIN)

What Rent vs. Buy Analyses MISS! (Huge Esoteric Benefits Of Homeownership)

Rising Rates Alter Calculus of Buying vs. Renting The above headline is a link taken directly from the WSJ. I am blogging about it because rent vs. buy analyses are […]

September 29, 2022 3 min read
What Rent vs. Buy Analyses MISS!

Are Rates Really Over 7%? Not Really; Rates Up 2% Since August; Surveys Lag Market

Today’s average interest rate is 6.82% per Mortgage News Daily (about 1/2% higher than where they were last week). The average is up almost 2% from early August when it […]

September 28, 2022 2 min read
Are Rates Really Over 7% Not Really; Rates Up 2% Since August; Surveys Lag Market

U.S. Dollar at Record Highs & Twitter Is Panicking! Why?

The U.S. dollar is again hitting record highs, and it is much stronger than it was even a few months ago when I last blogged about it: Why a Strong […]

September 26, 2022 4 min read

VA Jumbo Loans in California

VA loans are a great real estate purchase option for eligible veteran borrowers. Unlike conventional or FHA loans, VA loans allow borrowers to obtain purchase loans with a $0 down payment. Borrowers...

September 24, 2022 7 min read
VA Jumbo Loans in California

DEFLATION Coming Soon To A Theater Near You!

Stephanie Pomboy is the founder of a macro research firm called MacroMavens, and she was on this Wealthion Podcast recently, and it was so interesting I had to blog about […]

September 23, 2022 3 min read
DEFLATION Coming Soon To A Theater Near You!

How Much Income Do You Need to Buy a House?

When starting on your homebuying journey, most often homebuyers wonder about the cost, what they can afford, and how much income is needed to purchase a home. There are many different factors and...

September 22, 2022 6 min read
How Much Income Do You Need to Buy a House (1)

The Fed Raised Rates And Something VERY UNUSUAL HAPPENED!

The Fed raised the Fed Funds Rate yesterday by 0.75% and long-term rates actually increased (a lot) after the announcement. This is very unusual for several reasons: The markets had […]

September 22, 2022 3 min read
The Fed Raised Rates And Something VERY UNUSUAL HAPPENED!

Where’s the Inventory Glut? A VW at 3% vs. A Porsche at 6%

I shamelessly stole my headline from Brian Stevens in his most recent The National Real Estate Post video. His point of course was that yes, rates are way up, but […]

September 21, 2022 3 min read

Investors Dumping Inventory vs. Mortgage Rate Lockdowns!

Big Problems Ahead for Real Estate Investors! That was the title of this tweet from Nick Gerli, a real estate guru on YouTube. He said: “The 6-month US Treasury now […]

September 19, 2022 3 min read
Investors Dumping Inventory vs. Mortgage Rate Lockdowns!

Rates at 2008 Levels! When Will Rates Fall?

Mortgage Rates Top 6% for the First Time Since the 2008 Financial Crisis The above is a WSJ headline for this article. Rates are also back to where they were […]

September 16, 2022 4 min read
Rates at 2008 Levels! When Will Rates Fall

Wedding Cash Gifts For Down Payments!

This is a short blog, but it is a great reminder for every agent working with or catering to newlyweds! Cash received for a wedding gift can be used towards […]

September 15, 2022 1 min read
Wedding Cash Gifts For Down Payments!

Is Tech Taking Over Real Estate and Mortgages?

I have a very successful friend who owns a mortgage bank, and who still originates loans just to stay in the game. He spent six months pre-approving, educating and counseling […]

September 14, 2022 3 min read
Is Tech Taking Over Real Estate and Mortgages

Provide Rental Comp Data to Appraisers (More Important Than You Realize)

We have had numerous deals almost die or come close to dying over the years – solely because our appraisers could not find adequate rental comp data. There are several […]

September 12, 2022 2 min read
Provide Rental Comp Data to Appraisers (More Important Than You Realize)
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