Real Estate Radio Hour

Schedule:

Day In The Life Of A Realtor

Can someone explain how and why apartments can be rented out for an equivalent of a home mortgage in the same area?

The rent for our apartment has been raised from $1600 to a little over $2000 a month. We are purchasing a house with the value for $380,000 in the same general area and were quoted for a mortgage of around $2400 a month (this quote has now increased because of the interest hikes). I'm aware this is incredibly naive, but I've always thought apartments should be significantly cheaper because you are paying to have "less" compared to owning a whole house. Can someone help me understand the market mechanics of how an apartment can rent for 80%-110% of a house mortgage

How luxury properties have changed in the past 20 years

What are the drawbacks of an open house?

"Sequestered Master Bedroom"...if I read that one more time in a listing, I am going to give up.

I am probably going to have to move for my job. I have been looking at listings in anticipation of this. Every. Single. One. Says "Sequestered Master Bedroom". All of them!

Real Estate Stereotypes

Social Media React

Facebook Video Version: 

https://www.facebook.com/RealEstateRadioHour/videos/767826197679391

Youtube Video Version: 

https://www.youtube.com/watch?v=LM4j0PA9Nus

The median price of an existing home sold in June set yet another record at $416,000, an increase of 13.4% year over year. 

 Inspections And the importance of them.  

What are some things you should consider/look to determine the next hottest location?  

What exactly do you consider a "market crash"? https://www.reddit.com/r/RealEstate/c... 

How are these modern 1990s homes grossly outdated and hideous? These houses were getting trashed in another thread. I'm a numbers guy, so I only see a standard modern house. Granite countertops. Stainless steel appliances. Can you be specific as to how the house is so grossly outdated and hideous? Not enough grey VPF? https://www.reddit.com/r/RealEstate/c...

Facebook video version: 

https://www.facebook.com/RealEstateRadioHour/videos/743780413594045

Youtube Video Version:

https://www.youtube.com/watch?v=eo-RAeFB094

Schedule:

Housing Market Update: Prices Begin to Fall from Record Highs

https://www.redfin.com/.../housing-market-update-prices.../

All the news about people canceling their contracts nationwide … is it because they are still trying to buy at their 2021 buying power and not accepting that the interest rates will no longer support that same amount of house?

I’m just confused as to why so many people are pulling back if they already knew the new rates when they made the offer? Or are these people with new builds and no rate locks ?

Tinting Your House - Pros, Cons, recommend or not?

https://www.redfin.com/blog/home-window-tinting-guide/

What a $250,000 Home Looks Like in 25 Major Cities

have fun with this

https://www.trulia.com/blog/250000-homes-25-cities/

social reacts

meme reacts

Facebook video version:

https://www.facebook.com/RealEstateRadioHour/videos/1885874381743629

Youtube version:

https://www.youtube.com/watch?v=v8FRzm28mVI

Schedule:

Michael Burry says The Bullwhip Effect Is going to hit the economy - will it hit real estate?

US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

https://www.bloomberg.com/.../us-mortgage-rates-plunge-to...

How soon til the 40 year Mortgage is normalized to help offset the rising interest rates?

Should you hide anything in listing photos?

Being sued for “backing out”

My daughter is currently being sued by a seller that she originally signed a purchase contract to buy his house. Within 14 days of signing she decided it was too much for her so she signed termination papers. The seller(a lawyer) then sold his house 4 weeks later for 40k less than what my daughter had offered. The seller is now suing her for the 40k that “he lost” due to her termination. Is her realtor(who is a friend)responsible at all? Has anyone heard of this? This will take all my daughters savings for her first home!! I’m appalled that this is happening to her. Advice?

Social Media Reacts

Meme Reacts

facebook full video version:

https://www.facebook.com/RealEstateRadioHour/videos/345241977785613

youtube full video version:

https://www.youtube.com/watch?v=HWstNyHlME8

What's happening in the market?

- how would you describe what is going on?

Agent efforts as the market is slow?

Story Time ~ What surprises awaited you after you bought your property?

https://www.reddit.com/.../what_surprises_awaited_you.../

Realtor Says Comps are Old School

When we ask our realtor for comps (as buyers), she says they are old school and does not send them. We can find them ourselves on Zillow, but is it time for a new realtor or is this what everyone is saying?

Realtor wants to collect commission even though the house didn't sell?

I'm in the midwest. My house was listed at 400k and was on the market for 2 months and didn't sell. I did not want to accept any of the offers received (a lot of lowballs). The listing agreement has expired, and now my agent is saying I owe him commission for his time spent marketing / hosting open houses. Is this normal? The listing agreement doesn't mention this at all.

Reels Reacts

Meme Reacts

Facebook Video Version: 

https://www.facebook.com/RealEstateRadioHour/videos/1028566114698093

Youtube Version: 

https://www.youtube.com/watch?v=RIkl042YVoc

Financing options that are being used to fight rising rates.

JPMorgan lays off hundreds of employees in mortgage division as rates spike

https://www.reuters.com/.../jpmorgan-lays-off-hundreds.../

Is it possible to put nothing down to buy your first home?

Why would my agent be discouraging me from listing on the MLS?

Water crisis will be the straw that breaks the camels back?

Socials React

Meme React

Rapid Fire - testing our experts!

Youtube Video Version: https://www.youtube.com/watch?v=5rP6dv-i_aY

Facebook Video Version: https://www.facebook.com/RealEstateRadioHour/videos/1575844072809795

Existing-Home Sales Fell 3.4% in May; Median Sales Price Surpasses $400,000 for the First Time

  https://www.nar.realtor/newsroom/exis... 

What is your definition of a starter home in 2022? Has it changed In the past 20 years? 

  "Recently Updated" means grey paint, white trim, and a barn door. There, I saved you from having to learn that like I did. Why is this true tho? They all look the same.  

Special New Agent Success Segment   

Social Media React  

Meme React   Photo credit: theskimm.com

Video version facebook:

https://www.facebook.com/RealEstateRadioHour/videos/1076832556283398

Youtube:

https://www.youtube.com/watch?v=LNCHYFd_dH0

Schedule:

The Fed delivers biggest interest rate hike in decades to combat surging inflation

https://www.npr.org/.../federal-reserve-interest-rates...

Redfin reporting 20% of all new homes were bought by investors

https://investors.redfin.com/.../investors-bought-a...

30 Yr mortgage crossed 6.13%

6.18% now Big move in MBS market today, $585k has the same payment at 6.13% as $800k at 3%

Redfin is laying off 8% of staff

Social Media React

Real Estate Meme React

Facebook Video Version: 

https://www.facebook.com/RealEstateRadioHour/videos/709077680368226

Youtube Video Version:

https://www.youtube.com/watch?v=05qCiUjV_NI

Schedule:

What's Happening In Market

Real Estate Therapy

Social Media React

Real Estate Meme React

Pop Quiz

Facebook Video Version: 

https://www.facebook.com/RealEstateRadioHour/videos/698855914720185

Youtube Video Version: 

https://www.youtube.com/watch?v=c_OKh0_auOQ

We are getting in touch with the times... today we help the popular subreddit r/realestate with their real estate problems!

- How Will Summer Season Play?

- Typical Summer Market?

Real Estate Meme React

Real Estate Social Media React

Reddit:

Is it common for a buyer to switch lenders right after making an offer?

Seller turns down full offer and wants 200k more

My sister is angry that I won’t cosign for her. Should I?

“Lakefront” means that some portion of the property touches the water!!

Tenant was caught smoking meth by contractor.