Offering a rebate on a real estate transaction can be a powerful incentive for buyers to get under contract for several reasons: Overall, offering a rebate on a real estate transaction can be a smart strategy for attracting buyers and getting them under contract. It can help buyers save money, improve their negotiating position, and …
In November 2021, the United States Justice Department announced that it was pursuing legal action against the National Association of Realtors (NAR) for violating consumer protection laws and the Taft-Hartley Act. The NAR is the largest trade association for real estate agents in the United States, with over 1.4 million members. The Justice Department’s complaint …
I’m going to call it right here. We have bottomed out in the real estate market and I’m talking about the major cities in California and Seattle, Washington. But there’s some of this going on all over the country. And here’s the reason why. Number one, the weather is better. I know that’s weird, but …
If the debt ceiling is not lifted, it means that the U.S. government will not be able to borrow any more money, which could lead to a default on its debt obligations. This could have a negative impact on the economy and financial markets, which in turn could hurt the real estate market. The real …
How Not Lifting the Debt Ceiling Will Hurt Real Estate Read More »
The maximum mortgage amount that Fannie Mae, FHA, and Freddie Mac will buy in 2023 is $726,200 nationwide and the high-value locations like San Francisco went to $1,089,300. This is for single-family homes. 2, 3 and 4 units are even higher. To find out the maximum in your area, go to https://conforminglimits.com
The “good” news for ending inflation is that the PPI is very low. Once the CPI calms down and the fed says that they are not increasing rates will be the next turning point. The question is will it lead to a recession. No matter what, it will lead to lower rates (and that is why …
How to make the numbers work. Transcription Fred: This is the rationale numbers-wise on why people should buy now and take a long-range look based on rates and equity. Fred:So let me just warn you, I’ve just done this with pen and paper. It’s not on a spreadsheet, but here’s what I’m figuring out. Last …
Market Conditions in your Area Transcription Fred: It is September 13th, 2022. And basically, the pandemic is over in most people’s mind, thinking that I’m not going to wear a mask anymore, I’ll risk it. If I get it, I get it because I’ve been vaccinated 72 times already, so I have enough strength to …
Fannie Mae: Lender must include a monthly payment in the borrower’s recurring monthly debt obligation, using one of the options below to determine this amount: If you have student loans and you want to buy a house, you’re going to need to know what the lender will see on your credit report. The first thing you …
Interest rates and home prices Interest rates and home prices. What the media is not telling and why you should chill! arrivva is the leader in flat fee real estate transactions. https://youtu.be/uarLd7Cx0zo via @YouTube
If you pay attention to the media and real estate, they will tell you about slowdowns because of interest rates going up and other stuff. Not in California. It’s getting worse. The supply is not changing. But the supply of buyers is still going up. Even if you think prices are high, there are plenty …
Did you know in #california on the new agreement of sale, you must tell what stage your mortgage is in. If it is not fully underwritten, you are unlikely to get the bid accepted. Need a F U P A? Apply online and totally free with no obligation
If you are freaking out that rates went up while you are trying to buy a home, don’t. Stop looking at rates. You’re not writing a check to an interest rate. Look at the exact payments. If you don’t like it, here is help to lower the rate. One word- POINTS. Points are fees that …
We’ve invented something new. Learn how to use a swing loan. Even if you do not have a house to sell.
Realities of a Real Estate Crash It Ain’t Happening! Hi, it’s Fred Glick, talking today about what everybody’s thinking. When will the crash occur? We’ve seen the stock market have a little issue, then Bitcoin up and down. And the real estate slowed down, started back up, COVID, blah-di-blah. You can go through the news …
Realities of a Real Estate Crash It Ain’t Happening! Read More »
Why a 30 year fixed is the wrong mortgage for you. In the last few weeks, long-term mortgage rates have risen. The experts see a slowdown in the housing market. The culprit? The 30 year fixed rate. The stalwart of the mortgage business for a long, long time. This is the entry point for Americans …
Fred discusses the idea of putting open house signs out. It’s inviting everyone to come into the house and it’s ridiculous. At Arrivva, we don’t use signs because we don’t want to attract attention from people who are not planning to buy.
We’ve invented something new. Learn how to use a swing loan. Even if you do not have a house to sell.
Fred discusses the idea of putting open house signs out. It’s inviting everyone to come into the house and it’s ridiculous. At Arrivva, we don’t use signs because we don’t want to attract attention from people who are not planning to buy.
Price per square is the best and only way to figure out the price of VACANT, UNIMPROVED office space. In residential real estate, that is not the case
For the last couple of weeks, we have seen a slow down in the real estate market. The first place we noticed was in Piedmont. We lost a house 2 or 3 months ago in Piedmont that went for $700,000 over the listing price. It was insane. That was when the press started to show …
Check out Fred’s YouTube video discussing his thoughts on why you shouldn’t buy real estate now.
In the podcast, Fred and Mistry discuss buying during a pandemic. Fred says that the first question he asks prospective clients is “Why are you trying to buy during the pandemic?”And the answer has been basically, “Hey, we’re in a one-bedroom apartment. We got one baby and another on the way we got to get …
At the beginning of March, we all know that the world sort of got shut down. At that time, I figured that the economy would take a dive and that no one would be buying real estate. Alas, the fact that qualified people were then cooped up in their 1-bedroom apartments with the walls moving …
