Posts Tagged ‘joecucchiara’
RERL-1772 – Will the Failure of Silicon Valley Bank Have Broader Ramifications?
It’s been quite a day for Silicon Valley. Stock prices for Silicon Valley Bank plunged from a hearty 260 to a meager 26, a whopping 90% reduction, over the course of just a few days! Solvency and liquidity have become an urgent issue for Silicon Valley bank as it has backed many FinTech startups over…
Read MoreRERL-1771 – Housing Market – Will We Repeat 2008 & 2009?
While California and New York have always been expensive places to live, the middle US has historically been a reliable area to purchase affordable housing. Unfortunately, that is no longer the case today and the housing market is essentially broken. One of the reasons why housing prices continue to skyrocket across the country is the…
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-1769- Technology and its impact of lending and real estate
Covid and the lockdown did very little in the way of shutting down technology. In fact, it did quite the opposite. The pace at which professionals have come to use technology was forcibly accelerated – unless you work in real estate or lending. Two years have gone by and there has been virtually no progress…
Read MoreRERL-1768- Mental Health Awareness Month: Guest – My Daughter Rachel Cucchiara
Most of us would be surprised to learn how many people around us are dealing with mental health issues. May is mental health awareness month and even if you are not fighting a mental illness yourself, it’s a good time to learn about the people around us who are. Joining Joe Cucchiara to discuss the…
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-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…
Read MoreRERL-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…
Read MoreRERL-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…
Read MoreRERL-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…
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