Episode #85 'We Talk Real Estate' every week, discussing the challenges of buying and selling."

This week we discuss if you have to sell your home now and what is coming this future spring market. Kyle Morris FC.Tucker, Jeff Mathey FC.Tucker,  Shelly Walters FC.Tucker and Big Fella AKA Justin Griffith KW is out selling  properties . If you are an agent want to talk about your expertise in the market reach out to us you might want to come on our podcast. We will be getting Greg Cooper on the show from Compass Real Estate later in February. 

See us on Apple Podcast, Spotify and Google Podcast.

Look us up on YouTube: Indy Real Estate Market 

Host: Tony Cardenas

www.IndyPodcast.Media  

Happy New Years!  The Indianapolis Metro Markets are really in good shape as in homes selling quickly-compared to other cities of the United States.  Buyers ask questions to your real estate agent when negotiating on a new home if you can rent the house understand restrictions apply to the home owners association that manages your area. 

Buyers you can get a reasonable deal on a home in 2023 and have your seller include some of your buyers side closing-cost. Mortgage rates are as follows subject to lower credit scores. Credit "fico scores" must be around 760 plus with 20% down payment to get the available best mortgage rate in the markets. Not all banks, mortgage lenders are the same do-not get over charged on a fixed rates. Do-Not Pay Points - You don't have to pay high fees and points. 

Questions reach out to us at 317-376-8001 | Indy Real Estate Market  | Indianapolis & Hamilton County 

www.indypodcast.media 

Disclosure: Information is subject to change without notice. Cancellation may apply in housing stats. 

Don't buy a home without a real estate agent. 

The last full Podcast Episode #55 for this year, its been a good time with the team and guest.  We have all learned about this Indianapolis Real Estate Metro Markets. Starting in 2023 will talk real estate stats plus mortgage rates weekly and commercial markets. 

Get ready more expanded data information in the real estate local markets. Listings per week, price drops, days on markets, new title companies services in our markets. Plus learn about mortgage interest rates compared by our team. Banks vs. Mortgage Lenders vs. Mortgage Brokers  they all do-not have the same rates and you will find out the difference and why. You can actually get reduced prices adjustment from your bank to different lenders in the market. You are the customer and you definitely have more choices. You do not have to take the mortgage that has been pre-approved by your lender. It will not hurt tow have twp pre-approvals because some lenders do take advantage of the markets. Do-not pay points and high closing fees that some local lenders are charging in our  areas. Beware of online lenders. See you on Tuesdays and Thursday in 2023

Happy Holidays! 

Indy Real Estate Podcast 

Podcast Host: Tony Cardenas 

www.IndyPodcast.media 

The deal has to be a win-win! Getting back to a normal market. Sellers and buyers must realize the market we just came out of is gone. You have interest rates with the feds raising rates again. If you as a buyer offer a reasonable offer you may get the house you desire. There are opportunities for 2-1 buy-downs and or a 3-2-1 buy-down. This cost goes to the sellers and or the real estate company.  Thanks to this week's team of realtors: Shelly Walters eXp, Kyle Morris FC. Tucker and Justin Griffith Keller Williams and to MIBOR. 

Housing Wire: On today’s episode, Editor-in-Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the inflation data we’re going to get this week and how he expects the Fed to react.

REAL ESTATE

Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK

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KEY POINTS

Podcast Discloser: All information is pulled on the day of the podcast and is subject to change without notice. Mortgage rates are by Optimal Blue and Wall Street Journal.  Money Talks is a segment of the podcast discussing information about market-mortgage rates and lending. We do not offer mortgage loans see a licensed mortgage company. 

Yes, here we are right around the corner of the Christmas Holidays!  If buyers are looking for a home in this market they must be serious buyers. 

 We have some interesting real estate stats and data this week. Sellers are waiting to sell their homes in this holiday market so patients must be the word for the market with higher mortgage rates. One year ago mortgage rates were at 2.75% on a 30-year fixed rate. So realtors must list a home with creativity and be ready to make a deal. 

Thank you to Brad Coffing with MIBOR Realtor Association for coming on the podcast this week along with our team this week.

Details apply to all episodes all information is subject to change without notice. Mortgage rates are from The Wall Street and Optimal Blue rate monitor day of broadcast. We do not offer mortgages. Only advertise may offer real estate services.

Low delinquency rates and healthy household net worth point to faster recovery: Stratmor

Many lenders are not getting a sense of déjà vu with the current mortgage industry downturn, according to mortgage advisory firm Stratmor Group. “This one feels different,” a recent Stratmor report states, citing executives in the mortgage industry. This time around, the fast mortgage rate increase, the large origination volume decrease, and margin compression could cause an “unprecedented amount of excess capacity, and many lenders will need to sell or simply won’t survive,” Jim Cameron, Stratmor’s senior partner of Stratmor, said.

Of the top five monthly mortgage rate increases to occur since 1984, three took place during the first 10 months of 2022 — one in September (89 bps), April (81 bps), and October (79 bps).

Meanwhile, forecast volume for 2022 is expected to drop by $2.18 trillion — the largest dollar volume drop in history. At 49%, this year’s forecasted decline would be the largest percentage decline in year-over-year volume since 1990, according to the Mortgage Bankers Association. 

Article by (HW) HOUSINGWIRE MEDIA. https://www.housingwire.com/

Thanks to this week's panel of realtors: Shelly Walters EXP- Kyle Morris FC.Tucker - Justin Griffith - Keller Williams 

Host: Tony Cardenas Indy Real Estate Market  www.indypodcast.media 

Executive Portfolio Magazine Sponsor

Think about this as a realtor for your buyers and, of course, your sellers. It’s not always about the price, it’s about how creative you are as a real estate agent. Some realtors just don’t know how to do it and how to sell the great mortgage 2-1 buy down mortgage rate option that helps both sides of the transaction. 

In this current high-rate mortgage housing market, as the Wall Street Journal talks about, you better have an aggressive lender in the market. Realtors, Buyers, Sellers - Do not let a mortgage company cost you a deal and a buyer a home of a lifetime.

Have questions email us: [email protected] 

Disclosure: Information here and on the podcast is subject to change with all markets and cancellations of transactions. We pull data on the day of the podcast 10-22-2022 Interest rates are from several lenders and on WSJ. All information is subject to lender loan requirements by FICO credit scores and 80% loan-to-value and verified fully documented loan mortgage programs. 

If you're a home buyer or seller in this market you are getting great deals on homes on both sides. Money talk on mortgage products starts this 

week 11-17-2022.

Mortgage brokers have the edge over banks and credit unions. You as a realtor need to listen to our mortgage talk. Don't let a mortgage banker and or an inexperienced loan officer cost you a house deal. We will talk about the products and lending on Money Talks on Spotify and Apple Podcast the first few episodes will be on the network Indy Real Estate Market. Watch out for your customer paying points and originations fees and high costs. Also, top mortgage brokers can discount and banks and credit unions in most cases will not and do not. 

Agents: We are looking for real estate agents for new areas for Avon, Plainfield, Brownsburg, Greenwood, Besch Grove, Columbus & Bloomington Indiana.

Markets. 

Social Media Views 61,300 + Spotify & Apple Podcast: 6003+

 Disclosure all information is pulled on the day of the podcast and is subject to change without notice. all mortgage information is pulled on the day of closing mortgage rates are from top lenders in the United States by website sources and are subject to the national and possibly local lender's loan to value and credit Rico score guidelines. All views and listens are manually calculated by our team. 

This week Kyle Morris FC. Tucker and Justin Griffith talk about the Indy Metro markets. We talk stats and estimated mortgage rates. Buyers are getting good deals and sellers are still selling homes in our market in a good time frame.  Hear us on Spotify and Apple Podcast every week.  

CNBC NEWS: The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage software and analytics company. The average borrower has lost $30,000 in equity.

Homeowner equity peaked at $17.6 trillion collectively last May, after home prices jumped 45% since the start of the pandemic.

At the end of September, prices were still up 41%, and equity was still quite strong. Borrowers who bought their homes before the pandemic collectively have $5 trillion more than they did before the pandemic hit. That translates to a gain of $92,000 more equity per borrower than in February of 2020.

“While additional declines may be on the horizon, homeowner positions remain broadly strong,” noted Ben Graboske, Black Knight’s president of data and analytics.

But home prices began to weaken as mortgage rates rose in the spring, making it a lot less affordable to buy. The monthly payment on the average home, with a 20% down payment on a mortgage, is up nearly $1,000 since the start of the year.

★ See full article on CNBC: https://www.cnbc.com/2022/11/07/homeowners-lost-1point5-trillion-in-equity-since-may-as-home-prices-drop.html

Host: Tony Cardenas  | Indy Real Estate Market 

www.IndyPodcast.Media

Details and restrictions apply: Information is announced and pulled on the day of the podcast. All information is subject to change from cancellations and fallout. Mortgage information is pulled by local and national lenders and is subject to credit score and loan term. We do not advise on mortgage interest rates and or financial data used. All applications are subject to lenders. 

Listen to this week's Indy Real Estate Market with Shelly Walters EXP Realty and Justin Griffith Keller Williams Indy Metro NE 

Homes are selling buyers are active interest rates are climbing north in the mid-seven percent range with the feds getting ready to increase the Fed Rate again. Understand getting a mortgage you have creative options today but buyer beware. Don't pay higher closing costs and do not pay points to get a lower rate unless the seller is giving you an incentive when buying a home. Buyers get educated on lender-paid mortgage fees and don't get confused on 2-1 buy downs. Money Talk is coming to our podcast soon! Stats pulled 11-02-22

Website: www. www.indypodcast.media 

IREM Podcast Host: Tony Cardenas 

Sponsor: Nationwide Mortgage Bankers ★ Sponsored by: www.executiveportfolio.com  Greater Indianapolis Real Estate Magazine