Real Estate Realities With The RebelBroker

Fasten your seat belt folks, today we get a classice Rebelbroker rant podcast! Let's play pretend for a moment. You find yourself in a situation where you are behind on your property tax payments. You owe $5,000 dollars. One thing leads to another and the state is going to take your property and sell it to pay your tax debt. The state does its thing and sells your home for $500,000. Expecting to g...

Are you a responsible borrower? Have you saved diligently for that 20% downpayment on your first home? Did you educate yourself and work toward improving your credit score so that you reached your goal of a score higher than 680? Well, then the FHFA (Federal Housing and Finance Association) would like to take this opportunity to completely screw you over! How will they screw you over? With higher...

The media at large seems very excited about FHA loans being able to be adjusted to 40 year terms in cases where the borrower is in a tight spot. But does it make sense to extend the indebtedness of someone that is already in financial trouble? Extending a mortgage out to 40 years takes all the worst elements of a loan and makes them worse. In todays show we are going to discuss this and see if we...

In todays show we will take some time to review the latest buyer and seller sentiment data. We also take some time to consider what the data says about buyers vs what we are seeing buyers actually do in the marketplace.  We will also talk a bit about thoughts relating to when to buy and what might be good options relating to taking advantage of the market now in anticipation of interest rates drop...

If you think of predatory lending as any borrowing scenario that has a high probability of causing issues for the borrower, I think that there is a good chance we should chat about the "California Dream For All" loan program from CalHFA (California Housing Finance Agency).   Schemes like this are predicated on the idea that the price of real estate will continue to rise. As we all know, that is no...

If you are desperately searching to find your home or to uncover a great investment property - you just might want to consider looking for an off market property! Finding off-market homes can be a great way to gain access to properties that are not available through traditional real estate channels. These are often properties that the owner is looking to sell privately and does not want to list pu...

I came across an article a little while back on Redfin where they were discussing the pros and cons of living in San Francisco. As someone that is pretty familiar with San Francisco, I was surprised more by what they left out than what the included. San Francisco has long been considered a desirable place to live, thanks to its stunning architecture, rich cultural diversity, and thriving job marke...

The recent increase in national interest rates has caused quite a stir in the real estate industry, and it is not surprising that many prospective homebuyers are feeling the pinch. With interest rates hovering around 6.97%, it's no secret that home sales will decline. The real question, however, is how buyers and sellers can navigate this situation to ensure that their interests are protected. In...

When headlines imply things are better than they feel, it is always good to take a closer look. January home sales headlines are a good example. The Latest Headlines In the most recent headlines for the home sales number in January, you could be forgiven for thinking that things are looking up. Sadly, that is not the case. At least, it is not giving the right overall impression as they focus on mo...

One of the more strange points of contention in the world of real estate is open houses. How does something so simple result in so many different opinions? Today, I want to take you on a journey to discover the bottom line truth about open houses using some common sense - which frequently seems to be left out of the discussion - and 30 plus years of experience from a real estate professional (That...

For almost a decade, the momentum of the real estate market has nearly guaranteed that if you list a home it will sell. The quality of your real estate agent could definitely help you make more - or less. But in the end, your home would sell.  Today, things are different. Sellers need to make sure that the key elements that influence the sale of their home are handled correctly. So lets talk about...

The data is clear, rent control does not work. Pushing for national rent control just makes a bad idea worse as the federal government attempts to impose a one size fits all policy for the wide variety of markets across the country. Unintended Consequences National rent control policies, while appearing to be a solution for the affordability crisis faced by renters in many cities, are actually a b...

It is hard not to see all the media outlets painting a tolerable picture of what to expect in 2023. Most of the mainstream folks point to a possible 4%-6% value drop over 2023. When this comes up, the favorite line seems to be "2023 is very different from 2007". What is interesting is if we actually take a look at the points they use to support this idea, every single one of them would tend to mor...

  As the market shifts, inventories grows, sales prices drop and the the time it takes a home to sell stretches further out. It has been years since we have seen a market like this, and many of todays agents have never even seen a market like this. So now more than every, you need to make sure you are finding a real estate agent that can deliver the best results for you. So in todays show, lets ch...

Dealing with big egos in a real estate transaction can be challenging, but it is important to remember that at the end of the day, the goal is to close the deal and have a successful transaction. Here are some tips on how to handle big egos in a real estate transaction: Keep the focus on the deal: It is easy to get caught up in personal egos, but it is important to remember that the main focus is...

Determining how honest the people you are interacting with can be critical in protecting your interests. In real estate, where you are usually selling your greatest asset or buying your biggest asset - being able to root out the truth can save you thousands and a big pile of headaches. Today we will discuss the truth about lies, how to spot them and what to do about it when you do!   —————————————...

Any time a market starts to pivot in a new direction, you will find folks trying to sell you on ideas using data that seems relevant,  but isn't. I have recently encountered this reality and I wanted to share ways to understand the concept and to avoid being taken in by it. So join me in the conversation to help buyers and sellers avoid being taken for a ride! #realestate #realestatenews #morganhi...

As we wrap up 2022, it is a good idea to think about what you would like to accomplish in 2023. If you are considering selling your home in 2023, you should get started right now to get ready so that you will achieve the highest price and best terms! So lets do a quick rundown on what should be on your checklist to prepare for a successful home sale! In todays show we will run through options. Ran...

On todays show I wanted to cover some topics about immigration out of Silicon Valley. What could this mean for our local markets in San Jose, Morgan Hill, Gilroy and more broadly in Santa Clara County? Check out todays show for more! Articles You Can Check out: https://www.siliconvalley.com/2022/10/02/bay-area-exodus-residents-still-want-out-new-poll-finds/ https://www.marketwatch.com/story/silico...

Alameda County and San Francisco both extended the COVID related evictions moratorium. That is over two and a half YEARS that landlords have potentially gone without getting paid rent. Is that fair? What would be fair? In todays show, I want to hear back from you on what you think! I offer what I think makes sense, but that does not mean it is the only solution out there. So chime in and let me kn...

I came across an interesting article where the Chief Economist for the National Association of Realtors suggests that home prices in 2023 will go up by about 1%. We will chat about that and offer up an alternative viewpoint - particularly regarding what is likely to happen right here in Silicon Valley. ——————————————————————————————————————————————————  ➡️ Instagram: https://www.instagram.com/rebe...

I get so many questions about where to begin when buying a home, I thought I would put together a show that really does start at the beginning to get you headed in the right direction. There will be more shows to follow that cover other aspects of the home buying experience, but this should get you off to a good start! —————————————————————————————————————————————————— ➡️ Instagram: https://www.in...

Even  when rates drop a bit, we are not seeing an uptick in new mortgages. What does this mean for the market? Where do we go from here? This is likely just one more element that will force home prices down! Join me in discussing how this might shape up in todays show! —————————————————————————————————————————————————— ➡️ Instagram: https://www.instagram.com/rebelbroker/ ➡️ Twitter: https://twitte...

Redfin published an interesting (if not a little bit suspect) list of destinations for San Francisco home sellers. The real headline should probably be more about where they have searched rather than where they actually end up going, because frankly, some of the cities on this list seem like a stretch. In any event, we will do a quick review of this list of locations - they may spell opportunity f...

The last time home buyer sentiment was this low it was 2011. Things were NOT good in 2011. We were still right in the middle of the last real estate downturn and huge inventories. If this is where buyer expectations are now, imagine how that will effect our market. Well, you don't have to, because we discuss that on todays show! ——————————————————————————————————————————————————  ➡️ Instagram: htt...