News For Reasonable People

Some experts predict a housing bubble will burst in 2020.  Some experts indicate the Housing Market tanks in 2020.  Will there be short sales???  Will there be bank-owned properties??? Find out from host Sean Reynolds of the Seattle Real Estate Podcast as he walks through the dynamic of what's going on with the housing economy. - Dan Chapman - Mortgage Loans Made Easy With over 17 years of ex...

Minimum wage earners in the United States can't afford even a 1 bedroom apartment.   Full-time minimum wage workers cannot afford a two-bedroom rental anywhere in the U.S. and cannot afford a one-bedroom rental in 95% of U.S. counties, according to the National Low Income Housing Coalition’s annual “Out of Reach” report.  In fact, the average minimum wage worker in the U.S. would need to work...

The Portland Protests have been ongoing for about 6 weeks.  Is this the new CHOP/CHAZ that Seattle experienced just weeks ago? Find out with Sean Reynolds, the host of the Seattle Real Estate Podcast. Support the show 🛍️ Merch - https://Store. ReasonableTV.com/ 🌟 Go PREMIUM with Reasonable+ for uncensored access to our entire content library: https://ReasonableTV.com/ 💬 JOIN our FREE Discord Com...

Housing markets rise during a pandemic.  What is going on???  In fact, they re going up in many markets.   Find out what's going on with our real estate markets from owner/podcaster/YouTuber:  Sean Reynolds of Summit Properties NW & Reynolds & Kline Appraisal, Inc.   Support the show 🛍️ Merch - https://Store. ReasonableTV.com/ 🌟 Go PREMIUM with Reasonable+ for uncensored access to ou...

A potential housing crisis is on the way for millions of Americans whose mortgage and rent deferrals are about to sunset.  Evictions loom as the end of state and local moratoriums will no longer protect homeowners and tenants unable to make payments because of COVID-19 lockdowns. A minority of U.S. states have already expired orders against evictions, and a host of others across the country are se...

The Seattle City Council has proposed by a vote of 7 to 2 to defund the Seattle Police Department by 50%. Let's take a look at what a 50% cut to the police department budget would like in 2020. Join host Sean Reynolds of the Seattle Real Estate Podcast as he discusses the overall impacts to Seattle and its residents by defunding The Seattle Police Department by half its budget. Support the sh...

Real estate agent Sarah Hoverson finds a stranger living in her rental home, who claims a doppelgänger agent moved her in. Sarah Hoverson owned a rental property with a partner in the Spokane area of Washington State.  Tenants moved out of the property during the Covid lockdown.  Sarah's partner went to meet painters at the home who were doing spruce up for new tenants.  A woman who claimed t...

Wells Fargo slows their jumbo mortgage lending business by requiring new customers to have $1 million in accounts before refinancing a jumbo mortgage.   Join Sean Reynolds, host of the Seattle Real Estate Podcast as he discusses new changes with Wells Fargo Jumbo Lending.   Wells Fargo is now requiring new customers to bring at least $1 million in balances if they want to refinance a jumbo mortgag...

New legislative bill by Washington State Senator would outlaw future Seattle CHOP Zones and make it illegal for cities to withdraw police and related services.     State Senator Steve O’Ban (R-University Place) is introducing legislation that would essentially prohibit cities in Washington state from allowing another CHOP/CHAZ to occupy city streets or creating places where cops and other services...

Corelogic Predicts National Home Prices Drop 6.6% By May 2021 The CoreLogic HPI Forecast indicates that home prices will decrease on a month-over-month basis by 0.1% from May 2020 to June 2020, and decrease 6.6% on a year-over-year basis from May 2020 to May 2021. This will mark the first year home prices are expected to decline in more than nine years. Join host Sean Reynolds of the Seattle Real...

Will businesses leave the central business district for the suburbs? Real estate CEO expects ‘exodus’ of central business districts to last the next two years Marcus & Millichap President and CEO Hessam Nadji told CNBC he expects the residential “exodus” from city centers such as New York City to last up to two years. Commercial real estate demand has also picked up in the suburbs as some busi...

Here is your 𝑺𝒆𝒂𝒕𝒕𝒍𝒆 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆 𝑴𝒂𝒓𝒌𝒆𝒕 𝑼𝒑𝒅𝒂𝒕𝒆 for July 2020. Podcast style in-depth analysis of the NWMLS stats for the month of July 2020.  Hosted by Sean Reynolds of the Seattle Real Estate Podcast.   𝗧𝗼𝗽𝗶𝗰𝘀 𝘁𝘆𝗽𝗶𝗰𝗮𝗹𝗹𝘆 𝗰𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: King County, Snohomish County, Pierce County, Thurston County Real Estate Markets - Seattle Housing Issues - Seattle Real Estate News - Seattle Realtor - Broker T...

The Seattle City Council passed the JumpStart Tax, a payroll tax on the city’s biggest businesses and highest earners, including Amazon.   Join Sean Reynolds of the Seattle Real Estate Podcast as he discusses a new tax proposed by the Seattle City Council that taxes the top 3% of Seattle Big Business and redistributes to the people.   The Seattle City Council voted 7-2 recently to tax the largest...

Robinhood Investing trading apps have recently been in the news.  Are they a good thing or a bad thing to markets?  There are a ton more people trading since the Covid-19 shutdown.  With no sports betting or even sports at all people need an outlet for entertainment.  Why not hit the stock market.   Join Sean Reynolds as he discusses the role of Robinhood Mobile App Trading in today's stock m...

How did Seattle's CHOP/CHAZ go from the "Summer of Love"  to "Summer of Sam"  inside of 3 weeks???  The friendly block party turned into a lawless crime-ridden area with shootings and violence on the regular.   Join host Sean Reynolds of the Seattle Real Estate Podcast as he takes a hard look at what the original intentions/beginnings of CHOP/CHAZ were and then the final r...

Join Sean Reynolds of the Seattle Real Estate Podcast as he discusses yet another big investment company moving out of Seattle, Washington to Austin, Texas.   Amid the chaos of Washington's economic shutdown, the Capitol Hill Autonomous Zone, or Occupy Zone and proposed big business taxes by the Seattle city council, businesses are choosing to leave Washington and go elsewhere.  Partly due to...

Will remote work situations become permanent and shift the trend away from commuting to downtown office space?  Many company owners of big businesses think so.  What does this do to downtown urban area commercial office space?   Join host Sean Reynolds of the Seattle Real Estate Podcast as he discusses ongoing trends with the work from home situation in 2020.    Support the show 🛍️ Merch - https:/...

The US unemployment rate has remained stubbornly high in spite of most states continuing their reopening process. Claims for unemployment should be dropping if business is truly getting back to "normal".  But that's just not the case.  Will high unemployment be one of the permanent impacts of the global pandemic?   Join Sean Reynolds, host of the Seattle Real Estate Podcast as he di...

Real Estate Appraisal FAQ session with Sean Reynolds, owner of Reynolds and Kline Appraisal, Inc with frequently asked questions from Jim and Denise Scott of Team Scott/Summit Properties NW.   If you are a real estate agent these are some questions that come up all the time and are covered in this podcast:   If I am a buyer do I need to spend $800, why do I even need an appraisal, I have a (market...

Join Sean Reynolds of the Seattle Real Estate Podcast as he discusses a new tax proposed by the Seattle City Council that taxes the top 3% of Seattle Big Business and redistributes to the people.   The Seattle City Council introduced a new proposal Tuesday to tax the largest companies in the city, the latest in a series of attempts to capture some of the wealth generated by Amazon, Expedia, and ot...

I recorded a podcast at my office immediately after an interview I had with "John" who indicated he was from Antifa.  The interview was on Wednesday, June 24th, 2020 at CHOP.  The day after the deal had been allegedly cut between BLM Protest Groups and the City of Seattle.     After an hour-long YouTube live streaming session at CHOP on Wednesday, June 24th, I was approached by a man who...

Late mortgage payments rise in May 2020 as people in forbearance struggle.  Home sales fall off cliff in May 2020 as the full effects of shutting down the economy are felt throughout the housing market.      The number of people who failed to pay their mortgage last month rose to its highest level since 2011. In May, 4.3 million homeowners missed their mortgage payments, up from 2 million at the e...

Mortgage rates have been hitting historic lows about once a week lately it seems. They have been hovering just above 3%. Join Seattle Real Estate Podcast host Sean Reynolds as he discusses why you should jump on a mortgage rate at this level and not wait for even lower rates.   Support the show 🛍️ Merch - https://Store. ReasonableTV.com/ 🌟 Go PREMIUM with Reasonable+ for uncensored access to our...

Rookie Robinhood investors are buying bankrupt Hertz stock.  This will end in tears says billionaire Leon Cooperman for these investors. Find out why investors are pumping millions of stock purchases into a zombie company like Hertz that is teetering on complete insolvency.   Join Sean Reynolds, host of the Seattle Real Estate Podcast as he discusses what is behind this investor phenomenon.   Bill...

Key Points: Mortgage applications to purchase a home rose 4% last week from the previous week and were a remarkable 21% higher than a year ago, according to the Mortgage Bankers Association. That was the ninth consecutive week of gains and the highest volume in more than 11 years.  The average contract interest rate for 30-year fixed-rate mortgages decreased to 3.30% from 3.38%.  Buyers are rushin...