The Showing with Katherine and Darin Persinger

DSCR Loans Explained: Qualify Rental Properties by Cash Flow (Not Your W-2)

Why aren't homes selling, even after significant price reductions? In December 2021, we helped sell a townhome in Bothell, Washington, for $735,000. Nearly five years later, a comparable townhome in the same community was listed for $600,000. After multiple price reductions, it's now asking just $550,000, and it's still sitting on the market. That's a $185,000 difference. So where are the buyers? In this episode, we dig into what's really happening in today's housing market, why some sellers are struggling to attract offers, and why lowering the price doesn't always solve the problem. We discuss: - Why a home can be priced below its previous market value and still not sell - The difference between being **on the market** and being **in the market** - Why some real estate agents take overpriced listings - How competing listings affect home values, even within the same neighborhood - Why small, repeated price reductions can work against sellers - How sellers can create demand instead of waiting for buyers - Why buyers may need to rethink their must-have lists to find the best opportunities The housing market isn't the same everywhere. What's happening in Seattle or Bothell may be completely different from what's happening in Coeur d'Alene, Post Falls, or Spokane. But one thing holds true: **The price a seller wants and the price a buyer is willing to pay are two very different things.** Whether you're planning to sell your home, looking for a deal, or simply trying to understand today's real estate market, this conversation offers a look at what's happening beyond the headlines. **Connect with us:** https://www.persingergroup.com #HousingMarket #RealEstate #HomeSelling #HomePrices #SeattleRealEstate #NorthIdahoRealEstate

Are designers really improving homes, or are some trends sacrificing function for looks? In this episode, Katherine and Darin talk about kitchen cabinets, open shelving, open-concept floor plans, ceiling height, natural light, and the home design choices that may look great online but feel very different once you actually live with them. They also discuss why homeowners should think beyond current trends, how design decisions can affect resale, and whether buyers have been trained to prefer certain features simply because they photograph well. Are open shelves practical? Are separate rooms making a comeback? And should you design for your lifestyle or the next buyer? Let us know which home design trend you would never put in your house.

Arian Madix is suing Tom Sandoval over their shared Los Angeles home. With tensions running high and both parties still under the same roof nearly a year after their split, the stakes have never been higher.

Maddox is hoping a judge will force Sandoval to sell, sparking a legal battle over the sale of the home they bought together in 2019. Court documents reveal Madix's plea for a partition by sale, aiming to split the proceeds and cover debts, legal fees, and more. But with Sandoval's reluctance to sell and his offer to buy Maddox out being rebuffed, the ex-couple finds themselves at a deadlock.

We talk about the intricacies of their cohabitation, exploring why Sandoval wants to hold onto the home and Maddox's insistence on selling. Plus, get our take on the broader implications of buying property with a partner outside of marriage. From legal entanglements to emotional turmoil, this episode has it all.

Join us as we dissect the real estate drama of the year, offering insights into how such a personal conflict became public and what it means for anyone considering joint homeownership. Don't miss this blend of celebrity gossip and real estate wisdom, where the lines between personal and property disputes blur.

Welcome to REMAMP Episode 036, where real estate meets real life, and today's story is one for the books! 📚 In this episode, we dive deep into a real-life family real estate saga that resulted in a whopping $100,000 question mark. When generosity meets opportunity, the lines between family bonds and financial decisions blur, leading to unexpected outcomes and, yes, DRAMA. Join us as we explore the complexities of selling a home to a family member at a significant discount. What starts as a well-intentioned act of support unfolds into a tale of profit, loss, and the delicate dance of family dynamics versus financial wisdom. We'll dissect the decisions, the aftermath, and the lessons learned from a transaction that left everyone questioning: What's the real cost of mixing family and finance? 👨‍👩‍👧‍👦 Whether you're a homeowner, aspiring to buy your dream home, or thinking of selling, this episode is a must-watch. Real estate is more than just transactions; it's about the memories we create and the futures we build. But when money enters the family equation, things can get complicated. 💡 Learn from this cautionary tale on how to navigate family real estate deals with your eyes wide open. Plus, get expert insights on how to make real estate work for you—building wealth, securing your retirement, and making smart, informed decisions that keep family harmony intact.

In this episode of Real Estate, Money, and Marriage, Katherine and Darin delve into two intriguing graphs that shed light on the state of the U.S. single-family housing market. They discuss the value of the market, equity, debt, and how these factors have evolved over the years, comparing past recessions to the current economic landscape.

1. Analyzing the Value of U.S. Single Family Housing Market:

• Examining equity and debt trends

• Highlighting the housing bubble of 2008 and the subsequent crash that impacted homeowners significantly.

2. Impact of Mortgage Originations by Credit Score:

• Assessing the correlation between credit scores and the size of down payments made by homebuyers.

• Understanding the shift in lending practices after the 2008 crash, with lenders being more conservative.

• Emphasizing the importance of creditworthiness in determining the strength of homebuyers in today's market.

3. Importance of Down Payments and Home Equity:

• Exploring how the combination of appreciating home values and sizeable down payments has increased homeowners' equity.

• Discussing the potential consequences of a market crash given the current strong equity position of homeowners.

4. Advice for Potential Homebuyers:

• Encouraging potential buyers to work on improving their credit scores to qualify for better mortgage terms.

• Emphasizing the benefits of entering the market sooner rather than waiting for the perfect time, given the current housing market.

5. The Future Outlook of the U.S. Single Family Housing Market:

• Evaluating the likelihood of a market crash based on current data and trends.

• Encouraging prospective homebuyers to consider the overall affordability of homeownership and not focus solely on market timing.

• Reminding listeners of the long-term benefits of responsible homeownership and the potential challenges of waiting for a market downturn.

Katherine and Darin discuss in this episode of Real Estate Money and Marriage why you should stop trying to buy your dream home.

The real estate market is short 6.5 million homes. This shortage of inventory is impacting buyers, but builders aren’t building.

Why? That’s what Katherine and Darin discuss in this episode.

The Mortgage Bankers Association expects that the total number of sales of existing homes will decline to 4.3 million.

In this episode of Real Estate, Money & Marriage, Katherine and Darin discussed the drop in real estate sales this year and its impact on the market as a whole.