Real Estate Realities With The RebelBroker

Let's try something new! This will be the first in a regularly monthly show where we review the previous months data on the first Monday of the month - a 'real estate hot take'! The reason we usually don't use data this early in the month is because the MLS systems take about 3 weeks to review the data and correct it. Which frequently results in big shifts in the trends shown... such as happened i...

Straight from the lips of the good folks over at Fannie Mae "...Recession Likely in 2023". Well, I think the most obvious response to that statement would be "Welcome to the party pal!" As seems to be true with most bad news, the headlines and folks in charge always seem to be just a little behind the curve. Even in this admission, Fannie Mae puts the absolute best possible spin on the situation....

The fed will be meeting this week to decide not IF rates will be raised, but by how much. Popular opinions suggest a .75 increase, but lets talk about why it might even be higher!

That's right. I think we are headed for a downturn that just might dwarf the 2006-2008 style crash we saw in real estate. We are in worse financial shape as we try to combat inflation, recessions and a contracting real estate market. On top of that, the latest real estate numbers for Santa Clara County is EXACTLY what I have been predicting. Make sure to check out this months Coffee & Real Estate...

This week we sit down with Rich Fettke to discuss his book, The Wise Investor. Rich has an extensive resume including co-founding RealWealth . A company which has helped over 60,000 members improve their financial intelligence and acquire cash flowing income properties. He is also a licensed real estate broker and active investor who was selected as a Rich Dad Author. You can check out Rich, his b...

Another painful record broken as the affordability of homes has hit a 30 year low. However, we are seeing signs the indicate a slowing in home price appreciation. I have a suspicion that we might just seem home prices actually come down as sellers who must sell adjust their prices down to better align with the current market.

I should have known better. Last week, I shared with you the latest unemployment numbers - and I took them at face value. Which is where I made my mistake! Of course, if I listen to my own advice from previous podcasts where we looked at unemployment, I would have realized there was likely more to the story than what they are sharing in the headlines. Of course, there is. In fact, the actual data...

In this weeks show we are looking at a few different bits of economic news that could push our real estate market one way or another. Not a lot of certainty in todays show, but I will offer what I think are prudent actions for buyers, sellers and investors to prepare for the possible eventualities.   Links: https://www.bnnbloomberg.ca/china-s-bubble-bursting-has-wall-street-eyeing-a-2022-rally-1.1...

UPDATE : I have updated this weeks show to now include the last 10 minutes. Apolgies to my folks who consume the show right when it comes out! The cutoff point was 35 minutes - so you can just fast forward to that point to get what you missed!   We are not quite ready to look at the full data for July 2022. However, my weekly 7 day snapshots of real estate data are showing a growing surge of price...

Things are happening fast! In todays show we pass around an idea. Does it matter what starts an economic downturn? When we had the big real estate bubble, car loans got hit to. Now that car loans have apparently been as stupidly handled as mortgages were in the early 2000s, can we expect a fast follow on downturn in the housing market? I tend to think it is reasonable to consider the possibility....

The chief economist for the National Association of Realtors took a look at the most recent inflation numbers - along with other economists - and projects increases in mortgage rates making a steeper climb. We will chat about this and consider the possibility that no one is prepared for what really needs to happen to interest rates to really make any kind of dent in inflation. Buckle up, this will...

It is time for a glimpse into the crystal ball and see if we can't use information we have today to estimate what is coming. There are several interesting trends that tend to feed the idea that something bad is around the corner, so today, we will review them and see what we might think they will do to our real estate markets. Also, don't forget that this Saturday, July 16th will be our next Coffe...

On this weeks show we discuss recent data revealing the most at risk real estate markets in the United States! Whether you are a buyer, seller or saavy investory, you will want to know the most and least vulerable real estate markets out there right now.   Link: https://www.attomdata.com/news/market-trends/attom-q1-2022-housing-risk-report/

This week, we are going to gaze into the crystal ball. Several things are going on right now that I believe set the stage for a potentially market killing outcome. Follow along with me in todays show and see if you agree. If I am right, we could be heading into some very tough times over the next few years.

Home inventory is ramping up at a pace that I don't think anyone could have imagined just a few weeks ago. In addition, despite recent news that home starts have dropped, we will still see a solid increase in home completions in 2022. I think that spells potential opportunity for buyers and investors and possibly a warning to home owners. So in this weeks show, we will chat about what this shift i...

Some of you may know Michael Hellickson from his reputation as a dominant figure in real estate sales. While Michael can clearly offer insights for real estate agents that want to improve their business, his experience can also help buyers, sellers and investors in their real estate journey. Today we will take some time to chat about the big topics in real estate and see what he believes are the r...

The folks over at realtor.org are reporting that the national inventory of homes increased 11% when compared to the same time last year. This is definitely information worth remembering since, as I have suggested for years now, this is all about inventory. We take that national number and we bring it down to the local level and take a look at the home inventory numbers for Santa Clara County. What...

The real estate industry has done a good job on selling the public on the idea that a "Top 1%" agent is the best choice to get the best results. The truth is that the criteria used to define if an agent is in the top 1% has nothing to do with what you as a buyer, seller or investor wants or needs in their transaction. In fact, because these agents tend to focus on quantity over quality, you actual...

Initial indicators are in and suggest we prepare for 'Recession 2022'! Are we in a recession? ​Right now, we have hit declining GDP for the first quarter. Indicators are there, but for many we are not 'officially' in a recession. However, the question is not will be hit a recession at this point, but when. What is a recession? Big declines in economic activity. Big slow downs in economic activity...

Welcome to Monday folks! Today we are discussing what the metros with the highest price gains are and how we can use that information to make smarter decisions as buyers, sellers and investors. These are not the most expensive metros, but areas where the highest percentage increase has happened. So join me for the discussion of these areas while we take a slightly closer look at the number 1 marke...

Check out this list of 10 cities where realtor.com is reporting home prices are actually dropping! Are they really? Join me as we review the list and separate the hype from the reality - because the story they are trying to tell with their headline is NOT what is actually going on in these areas. https://www.realtor.com/news/trends/where-home-prices-falling-the-most/

I don't often do interviews on Real Estate Realities, but this one really grabbed me! One of the ways to approach real estate is through land. We have brought up land before in the context of strategies to get your first home by building it yourself. Today, Brent is going to offer us strategies that can not only get you started with that effort, but also help you explore this option as an investme...

Huge real estate investors are loving the student housing market. In fact, the American Campus Communities organization was recently purchased for $12.8 Billion! Keeping your eye on options, this kind of interest should suggest you consider student housing as one of your options - even if you have no interest in it right now, you can always keep that option in your back pocket - to make it through...

The average interest rate nationally for a 30 year fixed rate loan hit 5%. As I suggested in the past, I thought 5% might just be the magic number that pushes a bigger change in the mindset of buyers. In todays show, we will discuss interest rates and as we usually do, what it means for buyers, sellers and investors. 

We chatted about real estate 'love letters' in a podcast last year . The state of Oregon felt that they needed to weigh in on the subject of whether or not buyers should be allowed to submit a letter with their offer on a home. The idea that any law makers would think they have the authority to so fundamentally interfere with the right to free speech was a bit of a stunner. However, as we suggeste...