HEADLINES

Sellers Liquidating Houses. 

50% PRICE CUTS. (check Realtor.com) 

Powell Says Reset 

Best and worst Cities 

Be prepared. Use every lever you can, less than list price, Interest rate buy down, closing costs, repairs, you have the power now.  

Stubborn sellers- ( San Juan example) 

needs vs wants 

Wishful sellers will exit market another lender bites the dust 

Calling it now! Licensed Real Estate Agents and lenders exiting market. all the more reason to hire an agent who's been in the business a long time and owns what they sell! 

Subprime car loan defaults up 8.5%  KBB   

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HEADLINES 

Happy 7/11 day! Dont forget to get your free slurpee!

Sellers Liquidating Houses. 50% PRICE CUTS. (check Realtor.com) 

Powell Says Reset 

Best and worst Cities 

Be prepared. Use every lever you can, less than list price, Interest rate buy down, closing costs, repairs, you have the power now. 

Stubborn sellers- ( San Juan example) 

needs vs wants 

Wishful sellers will exit market another lender bites the dust Calling it now! 

Licensed Real Estate Agents and lenders exiting market. all the more reason to hire an agent who's been in teh business a long time and owns what they sell! Subprime car loan defaults up 8.5% KBB will the housing market crash in 2022, will the housing market crash in 2023, when will the housing market crash again, housing market predictions for next 5 years, when will house prices drop in california 2022, when will the housing market crash in california, will the housing market crash in 2024, should i buy a house now, should i buy a house now or wait until 2023, REALESTATE, california, real estate, housing, housing market, buying a house, real estate market,todays mortgage rates Monthly Home Valuation https://hmbt.co/bT7qRJ Time to buy: https://hmbt.co/iNAKFp #willthehousingmarketcrashin2022, #willthehousingmarketcrashin2023, #whenwillthehousingmarketcrashagain, #housingmarketpredictionsfornext5years, #whenwillhousepricesdropincalifornia2022, #whenwillthehousingmarketcrashincalifornia, #willthehousingmarketcrashin2024, #shouldibuyahousenow, #shouldibuyahousenoworwaituntil2023, #REALESTATE, #california, #realestate, #housing, #housingmarket, #buyingahouse, #realestatemarket

Rates Reduced .25-.5%

Rent ruleNEWSRates going up

Soft Land is difficult

Unemployment to go up

Germany Economy-in deficit in 30 years

China Economy softening Shumayu(SP?) missed interest payment of $1BB

Canada housing market softening also look to New Zealand

Short Term Rental WanderJaunt Closes doors 

Sales have plateaued, rates set to go up again after feds next testimony Inflation is still going higher.

Next week we'll see a difference in List price to Sales Price Ratio.

Happy 4th! 

Lots going on in the market.

Buyer scenario: 

$1MM 20% down - payment at 6% is $6071 (PITI) or $5275 IO

$980K 20% down - payment at 6% is $5980 (PITI) or $5170 IO $121 difference

$1MM 20% down - payment at 5.625% is $5880 (PITI) or $5025 IO (2 points to lower rate) $191 diff

2 points = $16,000

Use an IO loan until the rates goes down and refinance. You would save over $1000 a month!

*These are not quoted rates. Just an example-

Rates- Are they up or down?

buyers are back- kinda

Forecast - next hike? Unemployment

Bitcoin, Gold, Stocks? Whats your pick? 

Now -

Air BNB?

What sellers should do - Flexible, patience, deep breath

Investors? Good time? Bad time?

Rent rule

NEWS

Tune in Wednesday for our 40+DOM report. https://youtu.be/TmhfyefITUk

Watch this video here: https://youtu.be/aLhoWg5u4s8p

Something is brewing and it's not in San Jose. Take the time to check in on our weekly report on the US Real Estate Market and more. This one is 8 am to see if anyone wants to listen on their way to work!

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Monthly Home Valuation https://hmbt.co/bT7qRJ

Time to buy: https://hmbt.co/iNAKFp

Don't have time for video? Listen to us on your podcast: https://anchor.fm/sanjoseliving

Have a question about buying or selling? Make appointment here:

https://calendly.com/abitano

🏆 Useful SELLER Resources 🏆

✅ Don't have time to get your home ready to sell? abitano.com/concierge/ let us manage the details

✅ Download your free copy of "7 Tips to a Fast Sale" http://bit.ly/7TipstoaFastSaleAbitano

✅ Home inspection Checklist http://bit.ly/ChecklistAbitano

✅ Prep your home for sale Checklist http://bit.ly/Preplist

🏆 Useful BUYER Resources 🏆

✅ Relocating to San Jose Area? Free Relocation Guide: http://bit.ly/RELOGUIDESIGNUP

✅ FREE School Map 8 or higher: http://bit.ly/SchoolMap8PLUS

✅ Home Buyer Guide http://bit.ly/HomeBuyerGuideAbitano

✅ Free HOME BUYERS course https://www.abitano.com/2021/01/03/new-home-buyers-course-free-to-our-clients/

New VIDEOS every Thursday! Subscribe HERE -http://bit.ly/SJLChannel

👇🏼👏🏻👍🏻✋🏻🤓

I’m a full-time Broker/Realtor® who lives and OWNS in San Jose, Ca with the Abitano Group. I'm a proud Marine Veteran, fanatical do-it-yourselfer, and Community Advocate. My wife and I have three great kids and two dogs, Ro, and Emma. The Abitano Group serves San Jose CA including Almaden Valley, Cambrian, Willow Glen, Blossom Valley, Santa Teresa, as well as Los Gatos, Campbell, Morgan Hill, and Gilroy.

00:00

1:03 How to

2:02 How to

3:01 How to

4:59 How to 7:01 Outro

YT:cc=on #sanjoserealestate #livinginsanjose #sanjoseca

Vito Scarnecchia

Realtor, Broker, Veteran, Dad

The Abitano Group

Compass Realty

Lic # 01407676

San Jose, CA

(408) 705-6817

Abitano.com

[email protected]

MOVE CALCULATORS Salary Calculator https://www.payscale.com/cost-of-living-calculator/California-San-Jose Population https://www.point2homes.com/US/Neighborhood/CA/Santa-Clara-County/San-Jose-Demographics.html Santa Clara County Website https://www.sccgov.org/sites/scc/Documents/home.html Cost of Living INTERNATIONAL: https://www.numbeo.com/cost-of-living/ Jose

Today we're talking about all the various ways home buyers can get deceived. These are important to know about and be aware of while going through the process.  

Wire fraud 

Not using escrow 

iBuyers 

SOLAR LEASE SCAM 

Alternative lenders asking for money to start your loan application 

National Lenders low rates not disclosing erroneous fees. 

National Lenders Quoting a general Tax rate, not knowing the actual. 

Many more. The List goes on forever

See this an many more informational videos at youtube.com/siliconvalleyliving

I’m a full-time Broker/Realtor® who lives and OWNS in San Jose, Ca with the Abitano Group.  I'm a proud Marine Veteran, fanatical do-it-yourselfer, and Community Advocate.  My wife and I have three great kids and two dogs, Ro, and Emma. 

The Abitano Group serves San Jose CA including Almaden Valley, Cambrian, Willow Glen, Blossom Valley, Santa Teresa, as well as Los Gatos, Campbell, Morgan Hill, and Gilroy. 

 #sanjoserealestate #livinginsanjose #sanjoseca   

Vito Scarnecchia Realtor, 

Broker, Veteran, Dad 

The Abitano Group Compass Realty Lic # 01407676 

San Jose, CA 

(408) 705-6817 

Abitano.com 

[email protected]

Deep dive into a story of how this house of cards could fall over in the coming months.

Make sure to share this with others.

#realestatescams #Mortgagescams #escrowscams #Marketcrash #stateoftheunion #housingmarket #housingbubble #chickenlittle #Stocksdown #Ratesup #Inflation #Gasprices #Economy #Layoffs #Lumber #Constructionstarts #Pricereductions

If you're thinking about moving to Cape Coral and any other Gulf Coast Destination, there are things that we learned during our last trip. 

See this an many more informational videos at youtube.com/siliconvalleyliving

I’m a full-time Broker/Realtor® who lives and OWNS in San Jose, Ca with the Abitano Group.  I'm a proud Marine Veteran, fanatical do-it-yourselfer, and Community Advocate.  My wife and I have three great kids and two dogs, Ro, and Emma. 

The Abitano Group serves San Jose CA including Almaden Valley, Cambrian, Willow Glen, Blossom Valley, Santa Teresa, as well as Los Gatos, Campbell, Morgan Hill, and Gilroy. 

 #sanjoserealestate #livinginsanjose #sanjoseca   

Vito Scarnecchia Realtor, 

Broker, Veteran, Dad 

The Abitano Group Compass Realty Lic # 01407676 

San Jose, CA 

(408) 705-6817 

Abitano.com 

[email protected]

Moving To Southern CA Norcal vs Socal

Glen Nelson Realty One Group West Based out of Corona CA will talk about living in Southern CA.

This will be fun! If you have questions, please be sure to put it in the comments below!

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40+DOM Report Mid Jun 2022 

Where are we going with this market? 

If you own a home, chances are, you're settling in for the long haul. 

If you're sitting on the fence, chances are you're going to sit and wait to see where the market will go.  

Why then are people still buying houses?    

Monthly Home Valuation https://hmbt.co/bT7qRJ

Time to buy: https://hmbt.co/iNAKFp 

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