Posts Tagged ‘interest rates’
RERL-1785 – The best time to purchase & refinance is now… why?
Interest rates are too high! Don’t make any moves with your real estate! If those statements sounded like complete garbage to you, then you know that those are just things the media will say to scare consumers. Longtime listeners of RERL and real estate professionals are aware that there is no wrong or correct time…
Read MoreRERL-1781 – Market Update Q2 – Real Estate and Lending
Q2 is fast approaching, but just one month ago a sudden spike in interest rates froze consumers just as they were getting pumped up to start the season. Of course, the market wasn’t going to stay stagnant for long. Inventory is trickling in and while it is still a sellers’ market, only specific areas are…
Read MoreRERL-1780 – Reverse Mortgages & Alternative Financing
Years ago, people got in trouble for taking advantage of the elderly by abusing reverse mortgages. Today the reverse mortgage still carries around a lot of that stigma, but that ends now! With interest rates still solidly in the 7% range, a reverse mortgage can be a tremendous benefit to any homeowner aged 62 or…
Read MoreRERL-1779 – When will rates improve enough to make a difference?
How low do rates need to go to make a difference in the marketplace? Just a couple years ago consumers could get 30-year fixed loans with interest as low as 3%. This spurred a huge boom in refinances and home purchases. To no one’s surprise, interest rates jumped up to 8%. The sudden spike paralyzed…
Read MoreRERL-1774 –Why right now is the best time to buy!
Rolling into a new quarter means new changes are happening in the real estate market. Interest rates are finally starting to trend down after 2-3 years of rate hikes and it’s likely that this summer the Bay Area will see more transactions now that the worst of covid seems to be over. Listen in as…
Read MoreRERL-1770- The Housing Market Just Took A Turn!
Not too long ago the silicon valley lifestyle of the constant hustle was something to be glorified. Who didn’t come to California dreaming about being the startup CEO who bikes to work at 4 am and spends 12+ hours building a successful business? Well, it seems the luster of a luxurious workplace has finally started…
Read MoreRERL-1767- Market Update – Joe’s Back!
We’re back! The world may seem like it’s getting back to normal, but the real estate market is still changing rapidly. In about a month, interest rates jumped from 3% to 6% and ending the years of all-time low interest rates. Living in Silicon Valley, it’s hard to believe that anything could touch our real…
Read MoreRERL-1758-Market Update & Which US City Has The Highest Share Of Superrich Residents In The World?
Is the market still on fire? Are buyers still snapping up homes now that the state has opened? What do agents and lenders predict will happen 90 days from now? 2021 continues to be a wild ride for real estate that we might not be able to accurately predict. Is there anything that could bring…
Read MoreRERL-1755-Bay Area real estate – Should you buy, sell or hold?
Buy, hold or sell? It’s a simple question that can make a huge impact, and the answer is very simple – you do all three! Either one of these moves can be the right move for you if you have the correct strategy in place and, as the market continues to shoot up, people are…
Read MoreRER-1751-California opening, and rates are going up. What will this do for housing?
It’s been happening for a while, but you could unofficially call 2020 the year people wanted to leave California. We saw the economy have a massive run up coupled with crazy low interest rates that made it too tempting to buy no matter the cost. Joe Cucchiara and Jack Russo team up to discuss how…
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