Tag Archive for: homebuying

5 Reasons Why Interest Rates Matter So Much – For Real Estate Agents

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They Screamed: “Never Sell Rates!” I was a member of The CORE Training Program years ago, and it was very effective, as they preached focus, financial discipline, time-blocking, non-stop selling, […]Read More

NAR Lawsuit via Jason Hartman

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Jason Hartman is an extremely successful real estate investor and YouTube commentator, and he weighed in on the NAR collusion/cartel lawsuit last week with some very interesting comments. Here is his entire 42-minute video Devastating NAR Real Estate Class Action Lawsuit! and I recommend it in full (at 2x speed of course). But, here are a few takeaways.Read More

The Many Visa Types That Fannie Mae Allows for Immigrants

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Most people are oblivious to the many Visa types that Fannie Mae allows. The number is actually shocking, as even I had no idea how many Fannie allows until a few weeks ago. This means that immigrants of numerous types can qualify for Fannie Mae financing with as little as 3% down, credit scores as low as 620, and debt ratios as high as 50%.Read More

Investing In Texas Real Estate With DSCR Loans

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Whether you are considering investing in the tech-driven city of Austin or the cultural hub of Dallas, JVM Lending is here to assist you with your DSCR loan in Texas. Our expertise in the Texas real estate market, combined with our deep understanding of debt service coverage ratio loans, enables us to provide tailored solutions to meet your investment goals in these popular locations.Read More

How Much Income Do You Need To Buy A $1 Million Dollar Home

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The subject line for my blog is a common topic that lenders use for consumer blogs for search engine optimization (or “SEO” - or an entity’s efforts to draw readers to its website). And, here is the answer to the question: You need anywhere from $100,000 to $300,000 in income to buy a $1 million dollar home right now.Read More

Real Estate Opportunities with DSCR Loans in Arizona

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In the dynamic Arizona real estate market, DSCR loans open up exciting opportunities for investors. These specialized loans allow you to tap into the potential of rental properties without overextending your personal finances. Understanding the importance of the Debt Service Coverage Ratio and how it affects your loan eligibility can be a game-changer in your real estate investment journey.Read More

Why Mortgage Lenders Are Terrified of Class Action Lawsuits Going After Agent Commissions (Interesting Observations)

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Most lenders get the majority of their qualified buyer leads from buyers' agents. Losing them will upend the lending industry as well as the real estate industry.Read More

Shocking Data! Population & Households Grew Far Faster Than Home Supply

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I have been pointing how the number of new households has been growing much faster than the number of new homes coming on the market for years. But, I rarely share charts that illuminate the situation as clearly as the two charts I am sharing below.Read More

Rates Hit New Record; Credit Card Stimulus; Rosenberg Says Today = 2007; Dollar Is Surging; CA Insurance Crisis; Thank God I Was Stupid In 1995

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Mortgage rates hit a new 23-year record high today partially in response to initial jobless claims coming in lower than expected. Rates increased because investors know how much the Fed focuses on employment. But, I only wish the Fed would read my blogs about how unemployment only jumps after we are in a recession.Read More

Renting Vs. Owning When Rates Are Over 7%; What the Doomsayers Miss!

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The media are scaring the sh*t out of potential buyers again! And another myth they are pedaling is that it is now far better to rent than it is to own.Read More

Will Housing Prices Drop In 2024?

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RFK says that 3 giant corporations (BlackRock, Vanguard and State Street) will own 60% of America’s single-family homes by 2030, if they continue their buying trajectory. So, that huge amount of demand would be bullish for housing prices – despite the repercussions. BUT – the housing bears have been claiming for months that these same firms are going to start dumping all of their inventory, and thus crash the market. So – which is it? Excess demand from all the buying, or excess supply from all the selling? This is just a reminder that nobody actually has a clue what will happen over the long term – or even in 2024. I am, however, going to briefly set out the bullish and bearish arguments – and explain why I remain bullish.Read More

How Much Power Do Appraisers Have Over Market Values? Holy Rate Volatility, Batman!

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Boing, Boing, Boing, Boing The above subheading is the sound of interest rates bouncing up and down, and today they are way up. This is exactly the type of volatility […]Read More

The Cost of Waiting To Buy Is Very High

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Barbara Corcoran is a famous real estate investor, brokerage founder, and star of the TV show Shark Tank, and she recently posted the below IG post explaining why now is […]Read More

How to Buy a House with Only 1% Down

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The dream of homeownership is one that many people aspire to achieve. However, the prospect of saving for a hefty down payment can be daunting, exacerbated by the misconception that […]Read More