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 in the data for August!

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. But hey, we all love optimism... right? Articles: https://www.fanniemae.com/research-and-insights/forecast/housing-and-interest-rates-continue-suggest-recession-likely-2023 https://magazine.realtor/daily-news/2022/09/21/housing-starts-rebound-builders-aim-to-win-buyers-back https://www.calculatedriskblog.com/2022/09/realtorcom-reports-weekly-active.html https://www.cnbc.com/2022/09/21/mortgage-demand-rises-for-the-first-time-in-six-weeks.html https://www.cnbc.com/2022/09/23/some-homebuyers-are-facing-payment-shock-ways-to-save-on-a-mortgage.html https://www.calculatedriskblog.com/2022/09/monthly-mortgage-payments-up-record.html

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 Live Chat where we are going to discuss this in detail and you can ask questions or make comments. Find more at soldbyrobert.com. #realestate #2023predictions Here are the articles for todays show: https://www.cnbc.com/2022/08/22/50percent-of-employers-expect-layoffs-a-survey-found-heres-how-to-prepare.html https://news.bitcoin.com/peter-schiff-warns-us-faces-a-massive-financial-crisis-economist-expects-much-larger-problems-than-2008-when-the-defaults-start/ https://www.ksby.com/news/national/auto-loan-delinquencies-and-repossessions-are-on-the-rise https://publish.manheim.com/en/services/consulting/used-vehicle-value-index.html

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 books and specificall The Wise Investor at the link below: https://www.fettke.com

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 implies the opposite of what the talking heads are suggesting. So lets sit down and take another look at those unemployment numbers and see why we should be more worried than not. #realestate #unemploymentupdate #entrepreneur #realestateinvesting

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-1.1696485 https://moderndiplomacy.eu/2022/07/17/a-real-estate-and-banking-crisis-in-china/ https://nypost.com/2022/07/20/chinese-buyers-spent-record-6-1b-on-us-real-estate-in-2021/ https://www.cnbc.com/2022/08/05/where-companies-say-they-will-cut-budgets-first-in-a-softer-economy.html https://www.calculatedriskblog.com/2022/08/july-employment-report-528-thousand.html

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 drops across the board in Santa Clara County. This is true in San Jose and my home turf of Morgan Hill. It is also effecting most other communities in the county.

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. We are going to spend some quality time chatting about the current realites and see where it leaves us! https://www.youtube.com/c/AutomotiveLifeTV https://www.youtube.com/c/KevinHunter https://www.forbes.com/sites/jonathanponciano/2022/07/18/housing-market-meltdown-intensifies-homebuilders-halt-construction-as-confidence-plunges-to-2-year-low/ https://www.berxi.com/resources/articles/best-real-estate-podcasts/ https://www.forbes.com/sites/jonathanponciano/2022/07/12/mortgage-giant-cuts-thousands-of-jobs-warns-of-accelerated-downturn-as-housing-market-abruptly-collapses/

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 be a rough one. https://magazine.realtor/daily-news/2022/07/13/yun-bolder-fed-inflation-policy-may-catapult-mortgage-rates

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 Coffee & Real Estate Live Chat on Facebook! Find it here: https://www.facebook.com/whitelawre/live/ Links: https://www.attomdata.com/news/market-trends/figuresfriday/top-10-zips-with-worst-foreclosure-rates-in-may-2022/ https://www.attomdata.com/news/market-trends/foreclosures/attom-may-2022-u-s-foreclosure-market-report/ https://www.sofi.com/learn/content/foreclosure-rates-for-50-states/ https://www.barrons.com/articles/recession-cars-bank-repos-51657316562

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 in inventory could mean for buyers, sellers and investors. Check out the show notes on the website for all the details. https://www.therebelbroker.com https://calculatedrisk.substack.com/p/housing-completions-will-increase https://www.calculatedriskblog.com/2022/06/housing-inventory-june-20th-update.html

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 right steps to take in your life to prepare for whatever might come down the road, or to get started with your real estate investments. You can find Michael at www.clubwealth.com

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 we discover is pretty amazing! Source: Realtor Weekly Housing Trends

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 actually will have a higher chance of getting lower than average results. In todays show, we chat about that and review some real world examples along with offer some questions to ask to help you find the agent that can focus on your needs instead of theirs. Visit the show notes page for this episode to download 12 questions to ask your real estate agent! Just follow the permalink associated with this post.

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 can have broad effects. With low activity comes lower needs for employees to do what they would normally do when the economy is healthy due to lower demand. Goods and services produced drop. The stock market loses value and unemployment rates tend to go up. Recessions are normal. Recessions happen regularly. It is how severe a recession is that indicates how painful it will be for the average person. Recessions can turn into depressions. Recessions usually hit their worst point within 10 months then go into recovery. A depression is a deep, painful, long lasting recession. Calm preparation is the best tool. Buyers, investors and home owners can not only survive in a recession, but thrive. It can give an excellent window of time to acquire real estate and better prices. Links: https://www.thebalance.com/buying-during-a-housing-recession-1798292 https://www.weforum.org/agenda/2022/05/united-states-recession

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 market on this list! Link: https://magazine.realtor/daily-news/2022/05/03/10-metros-with-the-highest-yearly-price-gains

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 investment strategy. So make sure to listen to the end - the knowledge nuggets are going to be dropping right up to the finish! Brents Bio: Brent Bowers, is an investor and coach with a focus on buying and selling vacant land. As an Army Officer with over 8 years of service, Brent was spending a great deal of time away from his family, and he knew he needed to make some changes in order to be more present with his wife and children. In a short period of time, Brent was able to expand his business, hire a team, and (most importantly) spend quality time with his family while still working hard and helping others. While Brent invests in many different types of real estate, his favorite investment strategy deals with buying and selling vacant land, and he enjoys sharing his expertise in this area with his coaching clients. Brent chooses to live his life based on Bob Burg's quote, "Your influence is determined by how abundantly you place other people's interests first." He is passionate about helping other people find success in real estate investing, particularly in land investments. You can find Brent here: Instagram: @brentlbowers The Web: https://www.thelandsharks.com/ Or check him out on YouTube.

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 whatever market might be around the corner. Suggested Reading: https://magazine.realtor/daily-news/2022/04/22/investors-get-bullish-on-student-housing

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 suggested might happen, that law has been challenged and struck down. So, with those love letters now established as protected speech, what should buyers, sellers and investors be thinking and doing about love letters? Lets talk about that. https://magazine.realtor/daily-news/2022/03/08/federal-court-blocks-love-letter-ban

In todays show we look at the real Foreclosures in 2022 data and just how worried you should be! The Current Headlines ​We are all busy. Which means that we spend a great deal of time skimming the news rather than reading it. Of course, that means we will frequenly get left with the wrong impression when it comes to what is actually going on. Herea are the headlines from a few popular news sources: U.S. FORECLOSURE ACTIVITY IN JANUARY 2022 HIGHEST SINCE BEGINNING OF COVID-19 PANDEMIC U.S. foreclosures are the highest since pandemic's start Foreclosures are on the rise. Here's what that says about the housing market The Actual Numbers While many of those headlines are accurate, they do not paint a real picture of where we are with foreclosures. For the past two years, we have seem the lowest foreclosure rates for at least the last 17 years. The folks over at ATTOM - considered the very best source for this kind of data, included this image in a recent post. So when these news outlets compare the current rate of foreclosure to last month or last year, remember that the last two years have had ridiculously low foreclosure rates. Even if foreclosures in 2022 double - we are below .5%. We would have to see foreclosure rates TRIPLE just to hit 2019 levels, which were already the lowest in at least 14 years. So check out todays show as we explore this data and try to calibrate what we should be thinking about.

Will 2022 be the year when real estate pivots? There are a whole lot of things going on today that could spin the economy in one direction or the other. Inflation, the end of stimulus payments, interest rates, supply chain issues, etc - all in play today. You can check out the full show notes at https://www.soldbyrobert.com

In todays show we are going to be interviewing buyers who purchased a home in San Jose earlier in 2021. Some of the topics we will discuss include: How did the home search go? How difficult was it to submit offers and finally get one accepted? Were there any special challenges during the escrow process? What worried you most as a buyer? In such a tough market for buyers, how do you avoid overpaying? The goal here is to draw directly from the real world experience of real estate buyers so that you can benefit from their insights. Whether you are a buyer or seller, you can benefit from hearing the perspective of buyers in San Jose, CA during a ridiculously strong sellers market, where dozens of offers are submitted.

On todays show we will take some time to discuss the eviction ban and why the CDC does not and should not have authority to declare an eviction ban. The core points as I see them come down to property rights and our right to freely contract between one another for goods and services.

Oregon Has Passed A Law Against Offer Love Letters What Are Real Estate "Love Letters"? You read that correctly. The state of Oregon has made what are commonly called "Love Letters" illegal - well, mostly anyway. These are letters that agents create with their buyers to reach out to sellers on a personal level. The goal is to connect with sellers, outside the sterile language used in contracts, disclosures and addendums. It is an opportunity for buyers and their agents to try and leverage off of points of commonality that a buyer shares with a seller. It often includes discussions of the buyers lifestyle, employment, interests and even a photo of the buyers. Until now, the composition of these "Love Letters" in Oregon has been completely up to the buyer and agent to decide. What Are The Specifics Of The New Oregon Restriction On Love Letters? While these letters are not banned outright, this new law in Oregon prohibits including any information that might reveal characteristics of the buyer that are covered by the Fair Housing Act. Despite what many believe, sellers are required to abide by the Fair Housing Act guidelines when selecting an offer on their home. So if you are the kind of person who really hates anyone of Scottish heritage, it is illegal for you to reject an offer on your home based on that fact. So, is this a good thing? Check out todays show for a more complete discussion of this topic. Generally, I would rather leave it up to buyers and their agents to decide what goes into the letter that accompanies an offer. I have used these kinds of letters in my offers for decades and I have found them to be very useful tools. While I understand the idea of fairness in these offer scenarios - it is important to understand that these letters are designed to emphasize areas that work to the buyers advantage. If an agent and buyer simply put everything they can think of into one of these letters, they are not doing it right. Like most things, you should do your homework to identify areas of commonality with the seller that you can use in these letters. Anything that might be prejudicial is avoided if you are crafting such a letter rather than blindly tossing it into the mix. In my case, when in doubt, I don't include information regarding my buyers that might end up working against them. Which is, of course, the point of the letter in the first place! Where are these limitations currently in place? Oregon is the first state to pass such a law, but not likely to be the last. We should expect that other states will follow along and implement similar limitations. So how should we proceed in the real estate world relating to these letters? Does it make sense? Do we want the government limiting what a buyer and their agent might present in a letter of this kind? Or, are we all better served by leaving it up to those parties? We will discuss all that and more in todays show! ——————————————————————————————————————— ➡️ Instagram: https://www.instagram.com/rebelbroker/ ➡️ Twitter: https://twitter.com/rebelbroker ➡️ Facebook: https://www.facebook.com/whitelawre/ ☕️ "Coffee And Real Estate" Live Events: https://www.facebook.com/whitelawre/live/ 📰 Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter 🕵🏻‍♂️ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search 👓 Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 💵 Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 ——————————————————————————————————————— 📚 A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 ——————————————————————————————————————— My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate dreams. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.

We have talked about how to work through finding the right real estate agent for you in past shows. Today we take a real life example of situations where an agent makes claims that seem focused on the results you are looking for. However, the devil is in the details and there are questions you should ask to help pin down whether or not an agent can actually deliver the goods. So in addition to the usual questions (which I have linked to in this show), these are some follow ups to ask when your prospective real estate agent is saying the right things. Using the example for today show, we can help you decide if paying an agent a premium for their services is worth it to you.

Todays show begins with a public service announcement! Make sure to take note so that you don't get caught without what you need! We will also discuss the reality on the ground in this insane real estate market. With my recent experience in #sanjose, #willowglen and #japantown, we can discuss what is really happening and also take some time to identify ways to spot better deals where you will not have to offer $400k over asking price! On tap will also be the latest overall home inventory numbers. They are ridiculously low compared to last year and interestingly enough, seem to indicate that the market should be even MORE nuts than it is! ------- ➡️ Instagram: https://www.instagram.com/rebelbroker/ ➡️ Twitter: https://twitter.com/rebelbroker ➡️ Facebook: https://www.facebook.com/whitelawre/ ☕️ "Coffee And Real Estate" Live Events: https://www.facebook.com/whitelawre/live/ 📰 Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter 🕵🏻‍♂️ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search 👓 Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 💵 Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 ------- 📚 A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 ------- My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your dreams. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.

Hydrogen is kind of amazing. It can do a whole lot for us and generate no pollution - unless you consider water vapor to be pollution. There are efforts going on in the United States and in England to bring the hydrogen home into reality. Now this is a huge deal. There are tons of ways to create hydrogen, it is the most plentiful substance in the universe. You can extract it from things like garbage... just to name one. So lets spend a little time to talk hydrogen and how it could revolutionize how we power our homes! Links To Related Articles: Hydrogen Production and Distribution Britain Building Hydrogen Fueled Homes

It is the time of year to check out recommendations for the most promising locations for real estate in 2021. Today, we will review 5 metro areas that one outlet is promoting as great places to invest and live. Plus, we will sprinkle a little rebelbroker insight into that topic and see what the payoff could be for buyers, sellers and investors. Article Mentioned In Todays Show

These latest numbers are nuts. There are more renters who are behind on rent than there were homeowners that got foreclosed on in the subprime fiasco. Since banks are not directly involved, that will change the nature of the crater that gets created - but there will be a crater. Articles Referenced In Todays Show: https://www.cnbc.com/2021/01/25/nearly-20percent-of-renters-in-america-are-behind-on-their-payments.html

Zillow has released the results of a recent poll of economists and real estate experts regarding what they believe are the most likely real estate markets to perform well in 2021. We are going to chat about those markets and then discuss the other end of the spectrum - the 3 real estate markets that are expected to underperform the most - and if you have been paying attention, I don't think you will be surprised! Article Referenced In Todays Show: https://www.cnbc.com/2021/01/21/best-real-estate-markets-2021.html

Most are talking about a great real estate year ahead. Are they right? If you browse the news today, the general opinion seems to be that things are just ramping up for an amazing year for real estate growth and appreciation. Maybe they are right. However, being the person pointing out issues and potential pitfalls in the market is the same place I found myself in back before the real estate downturn in 2007. The media seems pretty convinced on what will happen with real estate in 2021 The headlines are hard to miss. Take a second to google "2021 real estate" and you find headlines like this: Sales Are Booming; Estimated to Exceed $160 Billion in 2021 San Diego home prices expected to rise 8.3% in 2021 New Mexico's 2020 real estate boom expected to carry over into 2021 The U.S. markets that are poised for a post-pandemic boom in 2021 I get the feeling that the popular opinion out there is pretty bullish! The consensus seems to be that 2021 is likely to be a real estate boom year. Are there any reasons to be more concerned about how things will play out in 2021? In today's show, we explore some of the concerning elements of the market that we should all be keeping an eye on. What, me worry? Unfortunately, I believe that there are plenty of reasons to be more than a little concerned about what 2021 might just mean for the market. For those that can remember, just before the big downturn in 2007, the pundits that were saying we were heading into a real estate market crash, like Peter Schiff, were literally laughed at. Of course, he ended up being proven absolutely correct – but remember all the experts were calling him crazy. Even in my own business, as I was helping people purchase homes, I was warning them against over leveraging their properties or buying too much home. I find myself experiencing what can only be described as "Real Estate Deja Vu" all over again! Our current real estate market has ridiculously low inventory to thank for this surge. What happens when that goes away? As we have discussed in past shows, what a credit rating actually means as been reduced so that money can be loaned to folks who would normally not qualify. Remember, banks only make money when money is moving and the biggest way to make money move is to loan it out. We will take the time today to summarize some of the latest news that paints a picture that should leave more of us worried for what will happen in real estate in 2021. Join me for today's show where we will chat about all this and a few other tidbits! Articles Referenced In Today's Show FHFA Extends Relaxed Pandemic Lending Standards Americas Slide Into Economic Oblivion Biden To Provide 25 Billion in Rental Assistance COVID-19 Vaccine Could Increase Inventory Exodus Continues as Point 72 Opens West Palm Beach Offices Miami Mayor Pushes For Hi-Tech Companies In Silicon Valley To Move In Federal Government Moves To Encourage Home Buying California real estate a lost cause for investors? 3 Reasons Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 – or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#inventory, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#morganhill,#mohi,#siliconvalley

California has been a hot state to invest in real estate for decades. The reason is the sheer number of people that are drawn here by the natural beauty of California but also its robust employment opportunities. That landscape is changing. With the growing acceptance of working from home, workers - more than half of them - are looking for the exit. In todays show, we are going to look at a few of the realities that have shifted as companies like Oracle flee California and a majority of people living here would move if they could - and with working from home options becoming more accepted, they can.

It is time to take a look at the results for the 2020 California Propositions that were aimed either right at real estate, or would have had a big effect on the real estate market. Those included: Proposition 15 - Split Roll Property Taxes to increase commercial taxes Proposition 19 - Property Tax Transfer Breaks Proposition 21 - Rent Control There is good news for folks in the world of real estate, but there is a good reason to take a minute and think about these results. While all is well now, there are indicators that down the road, the landscape just might change. Here is a link to the freakonomics article that was suggested in the video: https://freakonomics.com/podcast/rent-control/ —————————————————————————————————————————————————— ➡️ Instagram: https://www.instagram.com/rebelbroker/ ➡️ Twitter: https://twitter.com/rebelbroker ➡️ Facebook: https://www.facebook.com/whitelawre/ ☕️ "Coffee And Real Estate" Live Events: https://www.facebook.com/whitelawre/live/ 📰 Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter 🕵🏻‍♂️ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search 👓 Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 💵 Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 —————————————————————————————————————————————————— 📚 A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 —————————————————————————————————————————————————— My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate dreams. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.

Even if you support the idea of Proposition 15, you need to at least accept that this is the absolute worst time to pass such a law. At a time when we need to foster growth of jobs and new business and make it easier for struggling business to recover from COVID quarantines - this is just about the worst thing you could consider doing to make the situation even worse. —————————————————————————————————————————————————— ➡️ Instagram: https://www.instagram.com/rebelbroker/ ➡️ Twitter: https://twitter.com/rebelbroker ➡️ Facebook: https://www.facebook.com/whitelawre/ ☕️ "Coffee And Real Estate" Live Event (On the 3rd Saturday of each month): https://www.facebook.com/whitelawre/live/ 📆 Subscribe to my Real Estate Event Calendar here: https://calendar.google.com/calendar/u/2?cid=dnNoNzIxZ2hlNnEyajhyYWE5Yzc3amxmM2tAZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ 📰 Subscribe To The Monthly Newsletter: https://soldbyrobert.com/get-the-newsletter 🕵🏻‍♂️ Search For Homes For Sale: https://soldbyrobert.com/homes-for-sale-map-search 👓 Luxury Homes List: https://soldbyrobert.com/listing-report/Luxury-Homes/1371502 💵 Homes Priced Below Average: https://soldbyrobert.com/listing-report/Homes-Priced-Below-Average-In-Morgan-Hill-San-Martin-and-Gilroy/1281392 —————————————————————————————————————————————————— 📚 A case study in how I get better results than other real estate agents or brokerages: https://soldbyrobert.com/2020/08/breaking-every-record-for-my-clients/3444 —————————————————————————————————————————————————— My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate goals. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.

In todays show, we are going to chat about the August numbers for the National Association of Homebuilders and their record setting levels of confidence. There is so much discussion about how the current real estate market is blowing the doors off, I think it is a good time to look at more of the data and get a better grip on what the reality might be. ----------------------------------------------------------------------------------------------------- Find Me On Social Media ➡️ Instagram ➡️ Twitter ➡️ Facebook ☕️ "Coffee And Real Estate" Live Events 📰 Subscribe To The Monthly Newsletter 🕵🏻‍♂️ Search For Homes For Sale 👓 Luxury Homes List 💵 Homes Priced Below Average ----------------------------------------------------------------------------------------------------- 📚 A case study in how I get better results than other real estate agents or brokerages ----------------------------------------------------------------------------------------------------- My goal is to share my insights and opinions relating to real estate so that you can make the best possible decisions in achieving your real estate goals. If you are interested in buying, selling or investing anywhere in Silicon Valley, Morgan Hill, San Martin or Gilroy - I would love an opportunity to discuss with you what I can do to help you get the best outcome possible! Plus, I guarantee results.

Today, let's talk about what recent real estate data is telling us. What is most surprising is that what I am seeing does NOT follow with what is the conventional wisdom in the press. What we are being told is that prices are way up and that this trend is likely to continue. Well, in todays show we are going to look at some data that will leave you thinking todays big headlines just might not be on the mark. Don't miss my Facebook Live "Coffee And Real Estate" chat this Saturday, Aug 15,2020 at 10AM Pacific. Find it here: Visit this live chat at: http://www.facebook.com/whitelawre/live Instagram: https://www.instagram.com/rebelbroker/ YouTube:https://www.youtube.com/user/rebelbroker

Will home prices jump? The best information we have right now indicates that a dramatic crash in home inventory is very likely as we move through 2020. There are only two places that homes for sale come from. First, is new construction. We are seeing a big drop off in new construction that even goes beyond what the worst expectations were leading into March. And remember, those are number for MARCH! April is likely to be even more depressing! But wait, that is only half of the real estate inventory story. The other half of our inventory question involves existing homes. If we don't see new construction coming anywhere close to demand, then we have to rely on current home owners to come into the market to sell their home. Frankly, that does not look to be a likely scenario! In todays show, we look at all the data to find out where we are and where we are likely to be later this year and into 2021! Articles Used In Todays Show: https://www.cnbc.com/video/2020/04/16/housing-starts-march-squawk-box-breaking-news.html https://www.cnbc.com/2020/04/17/us-housing-starts-worst-month-since-1984-what-traders-see-ahead.html https://magazine.realtor/daily-news/2020/05/05/where-housing-inventories-are-falling-fastest https://magazine.realtor/daily-news/2020/05/05/more-banks-halt-helocs https://www.calculatedriskblog.com/2020/05/las-vegas-real-estate-in-april-sales.html https://www.calculatedriskblog.com/2020/05/seattle-real-estate-in-april-sales-down.html https://www.cnbc.com/2020/05/07/consumer-confidence-in-housing-falls-to-lowest-level-since-subprime-crash.html HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled "Take the survey to support the show". Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 - or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#builderconfidence, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#construction

I have never been a fan of pocket listings for a whole lot of reasons. In todays show, we will review the reasons why they are a bad idea for sellers. In addition, we will explore how they are also NOT a better option to help deal with our current quarantine situation. There are NO advantages to a pocket listing vs allowing your home to be listed on the MLS when it comes to maintaining very tight controls on who gets into your home. In fact, whatever benefits you are told doing a pocket listing will bring - including reducing the commission you pay - will end up costing you MORE in the long run! So lets jump in and figure this out!

What does the CDC say and how should we move forward We will start with a quick look at what we can learn from the CDC website. More information is better than less, so we will go over what I am seeing reported by the CDC and try to calibrate expectations to that. Next, we will talk about how buyers, sellers and investors in real estate might move forward. In one case, we will discuss a trend I am seeing that is CRITICAL for folks who must get their home sold to understand and avoid at all costs. https://youtu.be/TjAet09oflY Real Estate Realities Video To check out the latest from the CDC and what we look at in this video, check out these links: https://www.cdc.gov/flu/about/burden/index.html https://www.cdc.gov/coronavirus/2019-nCoV/index.html If you are interested in learning more about finding the perfect property in Morgan Hill, San Martin, Gilroy or any of the other Southern Silicon Valley/Santa Clara County communities I work with, please visit my website: https://www.soldbyrobert.com Twitter: https://twitter.com/rebelbroker Instagram: https://www.instagram.com/rebelbroker/ Facebook: https://www.facebook.com/whitelawre/ LinkedIn: https://www.linkedin.com/in/rebelbroker/

But those big companies are not really to blame for this reality ... the government is But is it their fault? That's right, giant Wall Street companies have huge holdings in real estate. However, while the media would like you to believe that this is some kind of sin on the part of these companies, the real sin is HOW they ended up owning so much residential real estate. Lets talk about how we got here and how it was clear from the beginning that this was likely to happen. Way back when all of the foreclosed homes that ended up being held by the government needed to get sold, a plan was hatched. Instead of selling each property individually, they would be bundled together and sold in huge chunks. Maybe we should not judge the motivations on this decision. Perhaps the prevailing opinion was that these homes needed to be out of foreclosure and back in the usable market place as soon as possible. At least that might be one thought. But the easily anticipated consequences we see now should not have been a surprise. This basically made it impossible for anyone but huge corporations with lots of cash (or big credit) to purchase the properties. We covered this on this show at the time and pointed out the downside and possible other options that would be better for the market. It now appears that we were right all along. SPONSORS Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

Secrets To Understanding This Expected Home Value Growth! Zillow is confident home prices will accelerate as we move into the 2020 home buying season! While the rate of growth of home prices has slowed, Zillows latest take on the market indicates that with low inventory and increasing demand, we are likely going to see the home buying market heat up substantially. We have seen other sources that show we should expect to see home prices getting more inflated by a low inventory in a variety of markets across the country. Another aspect of this story is that within it, Zillow shares a few great tools for getting a birds eye view of numbers relating to average price, inventory and average rent. All great bits of information for anyone considering making a move in the real estate market at any time. Even more relevant is that with a market set to heat up - according to Zillow - in 2020, all home buyers, sellers, investors and real estate entrepreneurs should be getting all the insights they can into how this market is going to shape up. It could be an amazing opportunity for the right market choices. We will talk about how this information can help you make better decisions, no matter what level of interest you might have. We will also examine the numbers of a few metro areas and explore how the numbers relate to one another for you to spot better opportunities! Links: Zillow - Home Value Growth Expected to Re-Accelerate Just in Time For Home Shopping Season (January 2020 Market Report) HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled "Take the survey to support the show". Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 - or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#inventory, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#2020prediction,#2020

The Home Builder Survey Is One Of The Least Reliable Around! When it comes to new home construction, we need to learn that actions speak louder than words! This week we will be taking a look at one of the most reviewed surveys in the world of real estate. That is the National Association of Home Builders (NAHB) confidence numbers. Every month, those who watch the real estate market seem to hang on the results of this survey. However, for those that have been listening to my show, they know that while it might be interesting to know what the builders of future homes may say, it is almost always very different from what they are actually doing. Over the years, we have seen confidence numbers that would indicate they are going to start building like crazy, only to see no new construction get started. So what do we do with these numbers if we are trying to anticipate how much new home construction is actually going to happen in the upcoming season? In todays show, we will review this new data and also look at other things going on to try and get a more realistic view of what to expect from new home construction in the coming season. Will we see more single family residential homes built? Does this mean more opportunities for buyers, sellers and investors? We are also going to take a look at some of the most recent real estate market data for areas like Sacramento and Phoenix. Do these most recent numbers suggest that we will see home prices increase or decrease? Of course, so much of the market comes down to supply and demand and in many areas, what we see is a trend toward lower inventory but increased demand. Even in those areas, we do see pockets of opportunity for buyers, so we will discuss strategies for enhancing your home search or perhaps help you better plan the sale of your home for maximum return! Links: https://www.calculatedriskblog.com/2020/02/nahb-builder-confidence-decreased-to-74.html https://www.calculatedriskblog.com/2020/02/sacramento-housing-in-january-sales-up.html https://www.calculatedriskblog.com/2020/02/car-on-california-january-housing-sales.html https://www.car.org/en/aboutus/mediacenter/newsreleases/2020releases/january2020sales https://www.calculatedriskblog.com/2020/02/phoenix-real-estate-in-january-sales-up.html https://www.bloomberg.com/news/articles/2020-02-19/u-s-housing-starts-fall-from-13-year-high-while-permits-surge HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled "Take the survey to support the show". Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 - or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#builderconfidence, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#construction

Is legislating no more natural gas a good thing or a bad thing for Californians? The trend is becoming impossible to ignore. More and more communities are making it illegal to build new homes with natural gas. In fact, it sounds like the ultimate goal is to eliminate natural gas all together and ultimately require home owners to replace gas appliances with electric options. This seems like an odd move when California has still not solved its electric grid issues. In fact, in the ultimate irony, California is moving power plants over to natural gas . So while you won't be able to have it in your home, the state is using it to generate your power. Whats more, California has no hope of meeting the demand for electricity until at least 2023. Do we think that forcing more Californians to use electricity will make this better? So today we will chat about this and consider it from a owner and investor standpoint. Links: https://realtybiznews.com/californian-cities-are-banning-natural-gas-in-new-homes/98757516/ https://pv-magazine-usa.com/2019/10/25/california-needs-a-fast-and-furious-build-out-of-4-gw-of-new-clean-energy-capacity/ https://laist.com/2019/07/24/glendale_just_approved_what_may_be_californias_last_natural_gas-lit_power_plant.php https://calchamberalert.com/2019/03/29/california-electricity-prices-no-7-in-u-s/ https://www.reuters.com/article/us-usa-naturalgas-sanjose/san-jose-moves-to-ban-natural-gas-in-new-residential-buildings-idUSKBN1W302J HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled "Take the survey to support the show". Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 - or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#recovery, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#naturalgas,#california,#regulations

What can we learn from examining the major metro areas that have had the most and the least recovery since the real estate downturn? On todays show we are going to review some interesting research from the good folks over at SmartAsset. There are some very familiar cities on both of these lists. This is not a list that is going to define whether you should or should not invest in these areas. However, if you learn about the rental markets, get some familiarity with these metros and apply a little thought - you can tease out more data that will help you make a more informed decision on the best place to look for that next - or maybe even first - real estate investment! Links: Metros that have recovered the most and the least! Corelogic: Home Price Insights HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled "Take the survey to support the show". Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card! Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 - or click the button below. When prompted, text your email address and you are in! JOIN THE REBEL UNDERGROUND! SPONSOR Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL! #realestate,#investing,#realestateinvesting,#entrepreneur,#recovery, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential