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Mortgage demand falls, rates soar, and yet home prices hit a new peak in Feb. Is this sustainable?? Homebuilders change their sales expectations and single family rents hit recor highs!! A new company says you can use your crypto as collateral to buy fractional ownership in real estaet and we talk about Russians unloading luxury homes across the us! ALL of this and more on todays show! JOIN US!
Rates drop a little, whats that do for refis & purchase applications? How can home owners get $15,000 to $80,000 in federal funds?! Are Love Letters making a come back for buyers? One judge thinks so. Better.com is back at it with MORE layoffs gone wrong & what's up with the 40 year listing agreements??? All of this and more on the show today! Join us and let us know YOUR thoughts!
The War rages on as the US does what? What will happen to the economy and what does it mean for housing?? Mortgage rates plunge, iBuyers are STILL losing money, buyers are facing unexpected repair expenses... but are they really? We talk about all this and MORE! Join us LIVE!
Are online real estate companies like Zillow & Homie going down? Rates are up, loan sizes are up, homebuilder confidence is down, wait times for materials is up, lumber price is up again. Join us LIVE!
Lots to talk about on today's show! Buyers are saying now is NOT the right time to buy a home, but are they right?? Buyers feel remorse, rates are going up, KW gains an EXP exec and EXP gains a KW exec, maybe - what is going on? The mortgage industry has layoffs on layoffs and we have much more to cover!
Headlines!
14:21 A record low number of consumers say now is a good time to buy a home
23:54 75% of homebuyers acknowledge some regret over recent home buy
30:56 Homebuyer demand for mortgages drops 10%, as higher interest rates price some people out
34:10 Housing wealth is setting new records for both owners and sellers
50:33 Keller Williams names ex-eXp president Stacey Onnen to executive team
53:29 Former Keller Williams CEO Mark Willis poised to jump to eXp Realty amid legal dispute
1:02:48 Investors claim Better CEO Vishal Garg misused at least $1.6 million of their funds to finance his own ventures
1:05:56 Santander to begin laying off mortgage employees
1:08:42 NewRez lays off 386 following Caliber acquisition
Mortgage rates are all over the place and consumers are rushing in and out of the market. What does this market volitality mean for housing? Will home prices go up in 2022? Rex joins NAR but NAR sues Rex. This relationship seems rocky. And whats up with the metaverse? We also talk about what has sold and what is on the horizon for virtual real estate!
Lots to discuss on today's show. The builder sentiment dropped... WHAT? WHY? And mortgage rates creep up so buyers rush to buy! There is a new bitcoin mortgage product and we get a professional appraiser's opinion on remote appraisals! ALL of this & more on this Week in Real Estate!
Headlines!
7:10 What's BMORE all about?
9:52 Mortgage apps up 2.3%
24:20 Homebuyers rushing to get mortgage before rates rise
30:38 Homebuilder confidence drops for first time in 4 months
41:09 Forbearance rate drops below 1.5%
54:05 Milo launches a crypto mortgage product
1:01:03 Mortgage rates now closer to 4%
1:10:21 Regulators fine mortgage LOs for skipping classes
Special Guest Kristina Smallhorn joins us LIVE today! We will dive into a lot of economic news including the recent increase in mortgage applications... is there no end to the housing market?? Builders are leaving homes unfinished?? Realogy takes a stand that agents come out against, the CEO or Rocket Mortgage & ReMax are OUT, and we discuss the most POWERFUL person in Real Estate! Who do YOU think it is?
On today's show we talk about the return of high rates, affordabilty issues, and ANDOTHER dreaded round of the Rona. What does this mean for housing? Experts can't agree but WE will give you a clear picture of what is to come AND we will talk to professionals from around the country who will chime in to add live reports about what is happening in their areas! Join Dan & Ray LIVE every Wednesday at 10AM PT/12PM CST!
We have a super exciting show for you!! It's our annual PREDICTION SHOW!! We will look back at our 2021 predictions and see just how RIGHT we were and how WRONG some others were AND we will accurate predict the interest rates for 2022, the housing inventory AND we make BOLD predictions as we look into the future of real estate and tell you EXACTLY what will happen! Join us live on Youtube and Facebook and add YOUR predictions!
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