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French Workbench
By French WorkbenchBusiness
French Workbench episodes
- Episode #65 - Why The Coming Foreclosure Crisis Is Nothing Like The Last One & Market UpdateThe coronavirus recession is all but certain to cause a spike in foreclosures. A prominent housing analyst expects hundreds of thousands of defaults next year as mortgage forbearance periods end. The federal government predicts several billion dollars in loan losses at Fannie Mae and Freddie Mac, the mortgage giants that hold two-thirds of American mortgages.At first glance, those projections look bad. On closer inspection, however, this round of foreclosures should be mild in comparison to the financial carnage of 2008 to 2010.________________________HOSTED BY:Dan FrenchRealtor | Key Realty LLCLicense # S.01938439890 S Maryland ParkwayLas Vegas, NV 89183702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench_______________________Richard RainesLicense # B.0033384.LLCAtlas Group LCProperty Management601 S. Rancho Dr. B17Las Vegas, NV 89106(702) 916-2200http://www.property-mgmt.comhttp://www.property-mgmt.com/availabl...Bret JennyBroker AssociateLicense # BS. 1001584Bret Jenny Real Esate1780 W Horizon Pkwy # 100Henderson NV 89012702-628-3476https://www.bretjenny.com/Special Guest:Chris ConnellConnell Lawhttps://www.connellaw.com702-266-6355________________________🏡 FIND YOUR NEW HOME HERE!NEW HOMES FOR SALE North LAS VEGAS: https://myre.io/0qkKcAodVBBgNEW HOMES FOR SALE HENDERSON: https://myre.io/0jbpj9LBPLyNEW HOMES FOR SALE SUMMERLIN: https://myre.io/0YRnC8BAPXrlNEW HOMES FOR SALE LAS VEGAS: https://myre.io/0CMoiL45F7lt🏠 RESALE HOMES:RESALE HOMES FOR SALE SUMMERLIN: https://myre.io/0UTj2QDZQr4tRESALE HOMES FOR SALE HENDERSON: https://myre.io/0EpPM9PibuBlRESALE HOMES FOR SALE LAS VEGAS: https://myre.io/0JfHHgHCuVok1 hr 12 min
- Ep #64 - Why are builders happy despite New Home Sales miss + Realtor perspective on New Home SolarWith nearly one million solar energy systems installed on residential rooftops across the country, buying or selling a solar home is getting more and more common. Just like a renovated kitchen or a finished basement increases a home’s value, solar has been shown to boost home valuation and shorten a home’s time on the market. In addition, new borrowing tools give solar-interested homeowners access to financing programs that can lower the cost of capital and unlock new ways to go solar. The real estate market is embracing solar, making it vital that real estate agents, appraisers, and homeowners increase their solar knowledge and leverage the premium-boosting power of a solar system to sell or refinance their homes.________________________HOSTED BY:Dan FrenchRealtor | Key Realty LLCLicense # S.01938439890 S Maryland ParkwayLas Vegas, NV 89183702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench_______________________Richard RainesLicense # B.0033384.LLCAtlas Group LCProperty Management601 S. Rancho Dr. B17Las Vegas, NV 89106(702) 916-2200http://www.property-mgmt.comhttp://www.property-mgmt.com/availabl...Bret JennyBroker AssociateLicense # BS. 1001584Bret Jenny Real Esate1780 W Horizon Pkwy # 100Henderson NV 89012702-628-3476https://www.bretjenny.com/Joe DragonAttorneyDragon Law Group702-688-5186dragonlawgroup.comSpecial Guest:Mischel MutafovLifetime Solar Las Vegashttps://lifetimesolarlv.com/702-324-6449________________________🏡 FIND YOUR NEW HOME HERE!NEW HOMES FOR SALE North LAS VEGAS: https://myre.io/0qkKcAodVBBgNEW HOMES FOR SALE HENDERSON: https://myre.io/0jbpj9LBPLyNEW HOMES FOR SALE SUMMERLIN: https://myre.io/0YRnC8BAPXrlNEW HOMES FOR SALE LAS VEGAS: https://myre.io/0CMoiL45F7lt🏠 RESALE HOMES:RESALE HOMES FOR SALE SUMMERLIN: https://myre.io/0UTj2QDZQr4tRESALE HOMES FOR SALE HENDERSON: https://myre.io/0EpPM9PibuBlRESALE HOMES FOR SALE LAS VEGAS: https://myre.io/0JfHHgHCuVok________________________✅ CHECK OUT OUR VIDEOS ON REAL ESTATE, FINANCING, & MONEY TALK!https://youtu.be/_gPoZ4ux9y8 : Another $15K first-time homebuyer tax credit bill emerges & Eviction Reporthttps://youtu.be/aa22E4khCgI : The Impact of The Federal Eviction Moratorium Extension until Octoberhttps://youtu.be/TXcGgXZYfqg : Hiring a Home Inspector with Experienced Training And Certification Will Save you Thousandshttps://youtu.be/1aO5_Ft6Gyw : Here Are The Newest And Best Locations To Buy A Home In Overpriced Las Vegas.https://youtu.be/-uw2HbPbO8c : Vegas Covid Restrictions Opening Up And How To Land A Home In A Seller's Market?https://youtu.be/B3-sw_jfla8 : Things To Know Before Buying/Moving To Las Vegas And Americans Less Motivated To Workhttps://youtu.be/1aO5_Ft6Gyw : Most Overvalued Housing market in America. Spoiler: It’s not in California.https://youtu.be/ak_d72u4SBo : New Home Lottery Is Back In Las Vegashttps://youtu.be/5DuRlwUC7_o : Las Vegas Sands Leaving Gaminghttps://youtu.be/Xdz4ChL5ih0 : Hot Las Vegas Housing Market Is Boominghttps://youtu.be/8XoqhQE75Y0 : Real Estate Hustle & Working The Striphttps://youtu.be/jYqV6sNBNMM : How To Compete Putting In An Offer On A House That Already Has An Offer?________________________#DFLVE #DanFrenchLV #LVHomeProfessionals #sincity #lasvegas #housingmarket #podcast #solar #homebuilders #realtors #realestate #construction #newhomes1 hr 19 min
- Ep #63 - New Home Construction slows as builders struggle with supply-chain headachesThe mixed message from the Census Bureau’s new home construction report points to the supply chain-related challenges home builders are facing.Building materials are still harder to come by than they were before the COVID-19 pandemic, and labor shortages continue to plague the construction sector. Both these factors have hampered home builders’ ability to scale up the pace of construction.That said, the demand for new homes remains elevated. “September new home sales figures were strong which reflects market optimism, and indicates that once materials and labor become readily available we are likely to see a similar surge in starts,” said Kelly Mangold, a principal with RCLCO Real Estate Consulting.________________________HOSTED BY:Dan FrenchRealtor | Key Realty LLCLicense # S.01938439890 S Maryland ParkwayLas Vegas, NV 89183702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench_______________________Richard RainesLicense # B.0033384.LLCAtlas Group LCProperty Management601 S. Rancho Dr. B17Las Vegas, NV 89106(702) 916-2200http://www.property-mgmt.comhttp://www.property-mgmt.com/availabl...Bret JennyBroker AssociateLicense # BS. 1001584Bret Jenny Real Esate1780 W Horizon Pkwy # 100Henderson NV 89012702-628-3476https://www.bretjenny.com/Joe DragonAttorneyDragon Law Group702-688-5186dragonlawgroup.com________________________🏡 FIND YOUR NEW HOME HERE!NEW HOMES FOR SALE North LAS VEGAS: https://myre.io/0qkKcAodVBBgNEW HOMES FOR SALE HENDERSON: https://myre.io/0jbpj9LBPLyNEW HOMES FOR SALE SUMMERLIN: https://myre.io/0YRnC8BAPXrlNEW HOMES FOR SALE LAS VEGAS: https://myre.io/0CMoiL45F7lt🏠 RESALE HOMES:RESALE HOMES FOR SALE SUMMERLIN: https://myre.io/0UTj2QDZQr4tRESALE HOMES FOR SALE HENDERSON: https://myre.io/0EpPM9PibuBlRESALE HOMES FOR SALE LAS VEGAS: https://myre.io/0JfHHgHCuVok1 hr 14 min
- Ep #67 - Credit Repair FAQs + The Good and Bad about Lowering FHA PremiumsSoon after the Department of Housing and Urban Development released its Mutual Mortgage Insurance fund report, housing finance and policy experts opined on whether the Federal Housing Administration (FHA) should lower the fees it charges borrowers.The fund, which insures mortgages backed by the Federal Housing Administration, benefited from the same macroeconomic factors that have boosted the broader mortgage market. The MMI fund’s capital ratio at the end of September rose nearly two percentage points to 8.03%, driven by rising home prices and low mortgage rates.________________________HOSTED BY:Dan FrenchRealtor | Key Realty LLCLicense # S.01938439890 S Maryland ParkwayLas Vegas, NV 89183702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench1 hr 13 min
- Ep #66 2/2 - Las Vegas Housing Market Has Strong Impact on RentersHome prices have risen dramatically in the pandemic, as white-collar workers whose finances didn’t suffer in the crisis competed for homes with more space as mortgage rates fell to record lows. The cost of goods involved in residential construction, including energy, has also increased 14.5 percent so far in 2021, more than eight times faster than over the first 10 months of last year, according to the National Association of Home Builders.The double-digit increase in home prices has prevented people from buying their first home, and so more are renting. There are 1 million more renter households today than there were at the end of the second quarter of 2020, according to Realtors data.The number of renters will likely continue to rise as more people return to cities to take advantage of the recovering job outlook, said National Association of Realtors chief economist Lawrence Yun, noting that people who doubled up with friends or lived in their parents’ basements during the crisis are now adding to rental demand.________________________HOSTED BY:Dan FrenchRealtor | Key Realty LLCLicense # S.01938439890 S Maryland ParkwayLas Vegas, NV 89183702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench1 hr 1 min
- Ep #66 1/2 - How long will Las Vegas Homes see price reductions?Home prices have risen dramatically in the pandemic, as white-collar workers whose finances didn’t suffer in the crisis competed for homes with more space as mortgage rates fell to record lows. The cost of goods involved in residential construction, including energy, has also increased 14.5 percent so far in 2021, more than eight times faster than over the first 10 months of last year, according to the National Association of Home Builders.The double-digit increase in home prices has prevented people from buying their first home, and so more are renting. There are 1 million more renter households today than there were at the end of the second quarter of 2020, according to Realtors data.The number of renters will likely continue to rise as more people return to cities to take advantage of the recovering job outlook, said National Association of Realtors chief economist Lawrence Yun, noting that people who doubled up with friends or lived in their parents’ basements during the crisis are now adding to rental demand.________________________HOSTED BY:Dan FrenchRealtor | Key Realty LLCLicense # S.01938439890 S Maryland ParkwayLas Vegas, NV 89183702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench22 min
- Ep #65 - When will the Next Housing Recession Hit? + Economic Housing Questions & AnswersSince October 2021 came to an end, the housing markets are demonstrating signs of rebalancing, as evidenced by a steady pace of transactions and more moderate price growth. As more homeowners list their homes for sale, these homes remain on the market for longer periods of time. Despite this, buyers must be prepared to act quickly, even if they get a few additional days to decide.According to realtor.com®, numerous cities that experienced bidding wars earlier this year are now experiencing a more tranquil housing market, with price reductions bringing sky-high asking prices back down to earth. While the market continues to be active, there are fewer competing offers and contingencies have returned, both of which are clear indicators of a healthier housing market. For buyers, approachable mortgage rates and less competition mean increased chances of finding the perfect home. Nonetheless, buyers of a median-priced home will pay an additional $142 toward their mortgage payment today compared to a year ago.The FMHPI is an indicator for typical house price inflation in the United States. It indicates that home prices increased by 11.3 percent in the United States in 2020 as a result of robust housing demand and record low mortgage rates. Growth is expected to slow to 7 percent in 2022, according to their latest forecast. The pace of home sales has cooled since the first quarter of 2021 when it was at 7.2 million. Freddie Mac predicts home sales to hit 6.8 million for the full years 2021 and 2022.Additionally, they forecast house price growth of 16.9% in 2021. However, they expect house price growth to slow to 7.0% in 2022. Strong house price growth is expected to lift home purchase mortgage originations from $1.9 trillion in 2021 to $2.1 trillion in 2022. With a higher mortgage rate forecast for 2022, they anticipate refinancing activity to soften, with refinancing originations declining from $2.6 trillion in 2021 to just below $1.0 trillion in 2022. Overall, Freddie Mac predicts that total originations will decline from $4.5 trillion in 2021 to $3.1 trillion in 2022.________________________DAN FRENCHRealtor | Key Realty LLCLicense # S.0193843702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench________________________🏡 FIND YOUR NEW HOME HERE!NEW HOMES FOR SALE North LAS VEGAS: https://myre.io/0qkKcAodVBBgNEW HOMES FOR SALE HENDERSON: https://myre.io/0jbpj9LBPLyNEW HOMES FOR SALE SUMMERLIN: https://myre.io/0YRnC8BAPXrlNEW HOMES FOR SALE LAS VEGAS: https://myre.io/0CMoiL45F7lt🏠 RESALE HOMES:RESALE HOMES FOR SALE SUMMERLIN: https://myre.io/0UTj2QDZQr4tRESALE HOMES FOR SALE HENDERSON: https://myre.io/0EpPM9PibuBlRESALE HOMES FOR SALE LAS VEGAS: https://myre.io/0JfHHgHCuVok1 hr 4 min
- Ep #64 - Rising Home Prices are Fueling the Private-label MarketSouthern Nevada house prices ticked higher last month to a record level as an industry group said the market is “starting to stabilize” after a prolonged acceleration.The median sales price of previously owned single-family homes — the bulk of the market — was a record $406,500 in September, up 0.4 percent from August and 20.5 percent from September of last year, according to a new report from trade association Las Vegas Realtors.Buyers scooped up 3,209 houses last month, virtually unchanged from August but down 1.9 percent from September 2020.Meanwhile, Las Vegas’ tally of available homes for sale climbed last month but remained far below year-ago levels.The association reported that 3,463 single-family houses were on the market without offers at the end of September, up 6.4 percent from August but down 27.8 percent year over year.The housing group reports data from its resale-heavy listing service.Despite big job losses sparked by the coronavirus pandemic, Southern Nevada’s housing market has accelerated over the past year or so with rapid sales and record-high prices, thanks largely to rock-bottom mortgage rates that have let buyers stretch their budgets.________________________DAN FRENCHRealtor | Key Realty LLCLicense # S.0193843702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench________________________🏡 FIND YOUR NEW HOME HERE!NEW HOMES FOR SALE North LAS VEGAS: https://myre.io/0qkKcAodVBBgNEW HOMES FOR SALE HENDERSON: https://myre.io/0jbpj9LBPLyNEW HOMES FOR SALE SUMMERLIN: https://myre.io/0YRnC8BAPXrlNEW HOMES FOR SALE LAS VEGAS: https://myre.io/0CMoiL45F7lt🏠 RESALE HOMES:RESALE HOMES FOR SALE SUMMERLIN: https://myre.io/0UTj2QDZQr4tRESALE HOMES FOR SALE HENDERSON: https://myre.io/0EpPM9PibuBlRESALE HOMES FOR SALE LAS VEGAS: https://myre.io/0JfHHgHCuVok1 hr 20 min
- Ep #63 - Zillow Overbuying Properties and Update on Water Supply in Las Vegas Plus Market UpdateSouthern Nevada house prices ticked higher last month to a record level as an industry group said the market is “starting to stabilize” after a prolonged acceleration.The median sales price of previously owned single-family homes — the bulk of the market — was a record $406,500 in September, up 0.4 percent from August and 20.5 percent from September of last year, according to a new report from trade association Las Vegas Realtors.Buyers scooped up 3,209 houses last month, virtually unchanged from August but down 1.9 percent from September 2020.Meanwhile, Las Vegas’ tally of available homes for sale climbed last month but remained far below year-ago levels.The association reported that 3,463 single-family houses were on the market without offers at the end of September, up 6.4 percent from August but down 27.8 percent year over year.The housing group reports data from its resale-heavy listing service.Despite big job losses sparked by the coronavirus pandemic, Southern Nevada’s housing market has accelerated over the past year or so with rapid sales and record-high prices, thanks largely to rock-bottom mortgage rates that have let buyers stretch their budgets.________________________DAN FRENCHRealtor | Key Realty LLCLicense # S.0193843702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSna...Twitter: https://twitter.com/AskDanFrench________________________🏡 FIND YOUR NEW HOME HERE!NEW HOMES FOR SALE North LAS VEGAS: https://myre.io/0qkKcAodVBBgNEW HOMES FOR SALE HENDERSON: https://myre.io/0jbpj9LBPLyNEW HOMES FOR SALE SUMMERLIN: https://myre.io/0YRnC8BAPXrlNEW HOMES FOR SALE LAS VEGAS: https://myre.io/0CMoiL45F7lt🏠 RESALE HOMES:RESALE HOMES FOR SALE SUMMERLIN: https://myre.io/0UTj2QDZQr4tRESALE HOMES FOR SALE HENDERSON: https://myre.io/0EpPM9PibuBlRESALE HOMES FOR SALE LAS VEGAS: https://myre.io/0JfHHgHCuVok1 hr 10 min
- Ep #62 - Las Vegas New home supply shows housing market has stabilized + Cyber Crime Wires are hereSouthern Nevada house prices ticked higher last month to a record level as an industry group said the market is “starting to stabilize” after a prolonged acceleration.The median sales price of previously owned single-family homes — the bulk of the market — was a record $406,500 in September, up 0.4 percent from August and 20.5 percent from September of last year, according to a new report from trade association Las Vegas Realtors.Buyers scooped up 3,209 houses last month, virtually unchanged from August but down 1.9 percent from September 2020.Meanwhile, Las Vegas’ tally of available homes for sale climbed last month but remained far below year-ago levels.The association reported that 3,463 single-family houses were on the market without offers at the end of September, up 6.4 percent from August but down 27.8 percent year over year.The housing group reports data from its resale-heavy listing service.Despite big job losses sparked by the coronavirus pandemic, Southern Nevada’s housing market has accelerated over the past year or so with rapid sales and record-high prices, thanks largely to rock-bottom mortgage rates that have let buyers stretch their budgets.________________________DAN FRENCHRealtor | Key Realty LLCLicense # S.0193843702-557-6176https://www.lvhomeprofessionals.comFollow Us on Social Media!Instagram: https://www.instagram.com/danfrenchlv/Facebook: https://www.facebook.com/TheMarketSnapshotTwitter: https://twitter.com/AskDanFrench________________________🏡 FIND YOUR NEW HOME HERE!NEW HOMES FOR SALE North LAS VEGAS: https://myre.io/0qkKcAodVBBgNEW HOMES FOR SALE HENDERSON: https://myre.io/0jbpj9LBPLyNEW HOMES FOR SALE SUMMERLIN: https://myre.io/0YRnC8BAPXrlNEW HOMES FOR SALE LAS VEGAS: https://myre.io/0CMoiL45F7lt🏠 RESALE HOMES:RESALE HOMES FOR SALE SUMMERLIN: https://myre.io/0UTj2QDZQr4tRESALE HOMES FOR SALE HENDERSON: https://myre.io/0EpPM9PibuBlRESALE HOMES FOR SALE LAS VEGAS: https://myre.io/0JfHHgHCuVok________________________✅ CHECK OUT OUR VIDEOS ON REAL ESTATE, FINANCING, & MONEY TALK!https://youtu.be/_gPoZ4ux9y8 : Another $15K first-time homebuyer tax credit bill emerges & Eviction Reporthttps://youtu.be/aa22E4khCgI : The Impact of The Federal Eviction Moratorium Extension until Octoberhttps://youtu.be/TXcGgXZYfqg : Hiring a Home Inspector with Experienced Training And Certification Will Save you Thousandshttps://youtu.be/1aO5_Ft6Gyw : Here Are The Newest And Best Locations To Buy A Home In Overpriced Las Vegas.https://youtu.be/-uw2HbPbO8c : Vegas Covid Restrictions Opening Up And How To Land A Home In A Seller's Market?https://youtu.be/B3-sw_jfla8 : Things To Know Before Buying/Moving To Las Vegas And Americans Less Motivated To Workhttps://youtu.be/1aO5_Ft6Gyw : Most Overvalued Housing market in America. Spoiler: It’s not in California.https://youtu.be/ak_d72u4SBo : New Home Lottery Is Back In Las Vegashttps://youtu.be/5DuRlwUC7_o : Las Vegas Sands Leaving Gaminghttps://youtu.be/Xdz4ChL5ih0 : Hot Las Vegas Housing Market Is Boominghttps://youtu.be/8XoqhQE75Y0 : Real Estate Hustle & Working The Striphttps://youtu.be/jYqV6sNBNMM : How To Compete Putting In An Offer On A House That Already Has An Offer?1 hr 15 min
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