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RERL-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 estate when its inimitable uniqueness keeps the job market strong – but is Silicon Valley invincible to levels of inflation…

RERL-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 estate when its inimitable uniqueness keeps the job market strong – but is Silicon Valley invincible to levels of inflation…

RERL-1766- Zillow’s Big Flop!

Zillow quickly became the first step for buyers and sellers due to their instant connection to tons of real estate information. However, the disruptor ran into some big issues when it tried to add buying and selling to its repertoire. The issue? Not enough hands to make the purchase and selling process as seamless as they wanted. As a result, the iBuyer program was paused then abandoned shortly after. Joe Cucchiara and Jack Russo discuss…

RERL-1766- Zillow’s Big Flop!

Zillow quickly became the first step for buyers and sellers due to their instant connection to tons of real estate information. However, the disruptor ran into some big issues when it tried to add buying and selling to its repertoire. The issue? Not enough hands to make the purchase and selling process as seamless as they wanted. As a result, the iBuyer program was paused then abandoned shortly after. Joe Cucchiara and Jack Russo discuss…

RERL-1765- Secure the cheap money while it lasts!

Paying off the mortgage early is that goal all homeowners work towards – and why wouldn’t you? Any form of debt is bad and you’re just throwing away money in the form of interest. Well, mortgage rates are crazy low right now with some rates below 3%, but with inflation pressing upon us those rates could easily rise to 4-5%! Joe Cucchiara argues that just about everyone should have a mortgage and homeowners that don’t…

RERL-1765- Secure the cheap money while it lasts!

Paying off the mortgage early is that goal all homeowners work towards – and why wouldn’t you? Any form of debt is bad and you’re just throwing away money in the form of interest. Well, mortgage rates are crazy low right now with some rates below 3%, but with inflation pressing upon us those rates could easily rise to 4-5%! Joe Cucchiara argues that just about everyone should have a mortgage and homeowners that don’t…

RERL-1764- Is California bad for business?

After many decades of finding talent and reaping success in California, Larry Ellison packed up Oracle and headed for Texas – and he’s not the only one. Charles Schwab followed suit and now Elon Musk has confirmed Tesla will also be finding a new home in Austin. Those are three big blows to California that has others wondering if these moves are more than coincidence. California’s advantages seem to be dissolving around us and the…

RERL-1764- Is California bad for business?

After many decades of finding talent and reaping success in California, Larry Ellison packed up Oracle and headed for Texas – and he’s not the only one. Charles Schwab followed suit and now Elon Musk has confirmed Tesla will also be finding a new home in Austin. Those are three big blows to California that has others wondering if these moves are more than coincidence. California’s advantages seem to be dissolving around us and the…

RERL-1763- Is California real estate still a good investment?

Ask your financial planner and they will agree that long-term real estate is almost always a good investment as long as the timing is right for you. Even in California where average home prices are notoriously high can real estate be a sound investment; you just need to be more cautious of the type of investment you make. While primary residences are still a hot commodity up and down the state, the pockets of investment…

RERL-1763- Is California real estate still a good investment?

Ask your financial planner and they will agree that long-term real estate is almost always a good investment as long as the timing is right for you. Even in California where average home prices are notoriously high can real estate be a sound investment; you just need to be more cautious of the type of investment you make. While primary residences are still a hot commodity up and down the state, the pockets of investment…