This is NOT The Time To Be On The Sidelines... Episode 241
Black Hole Of Real Estate Podcast
Release Date: 11/07/2025
There Is A Noticeable Difference in FSBO... Episode 244
Black Hole Of Real Estate Podcast
There Is A Noticeable Difference in FSBO... ...and the data results are quite interesting In a market such as this One might think that homes sold "for sale by owner" Would be setting records - with regard to how many are doing it The fact is that records are being set just not the ones that you would expect The NAR - National Association of Realtors reports that in 2024 there was a record LOW set for FSBO sales Only 7% homes sold in America sold their own home A record was also set for homes sold by agents at 91% All of this despite a robust set of tools available for people to sell on...
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Here's What No One Is Telling You About 50 Year Mortgages... Episode 243
Black Hole Of Real Estate Podcast
Here's What No One Is Telling You About 50 Year Mortgages... ...and the reasons that you may not want to dismiss the idea There are plenty of negative ideas out there that argue against this product And they have merit 50 years is a long time you may never pay it off in your lifetime 20 more years of interest to pay much slower equity buildup but let's examine a few things that may change your mind most people do not keep their homes 30 years about 95% of payments on a 30 year mortgage goes toward interest in 1st 5 years lower monthly payments help buyers qualify for the homes they really...
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BRRRR Your House vs Flipping It... Episode 242
Black Hole Of Real Estate Podcast
BRRRR Your House vs Flipping It... ...a guide to making the right decisions to maximize profits Most people are aware of the home flipping process It's hard to miss all of those shows that have been created on the subject BRRRR is something that is far less familiar but is definitely worth a little investigation Buy - Rehab - Rent - Refinance - Repeat Let's face it pretty much everyone has at least imagined doing a house flip it sure looks like fun on tv and there is $$$ to be made what could be better? but when you take a closer look BRRRR might be a superior option lower taxes...
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This is NOT The Time To Be On The Sidelines... Episode 241
Black Hole Of Real Estate Podcast
This is NOT The Time To Be On The Sidelines... ...The Real Estate market is heating up in ways that some are just in complete denial of while others simply aren't sure of the dynamics in play It's actually a great time to buy homes and it's also a great time to sell homes This isn't just theory I am personally actively buying and selling in this market 2 properties sold in the past month 1 purchase closed and another offer in play right now to close in November and more of each to come before the end of the year and here's why... this is the most opportune time to make a purchase...
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More Home Sales Contracts Are Being Cancelled... Episode 240
Black Hole Of Real Estate Podcast
More Home Sales Contracts Are Being Cancelled... ...and the very few things that are causing this to happen Recently released statistics have shown a slight increase of 1.5% in buyers backing out of home sale contracts when comparing year over years numbers for September 2024 13.5% of contracts were cancelled 2025 15.0% of contracts were cancelled the most common reasons for this taking place: increased repair costs from home inspections increased homeowners insurance costs increased flood insurance concerns hurricane season and other natural disasters job concerns and...
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How To Maximize The Interest Rate Drop... Episode 239
Black Hole Of Real Estate Podcast
How To Maximize The Interest Rate Drop... ...as Fed Chair Jerome Powell threw us a cuverball this week rates were lowered .25% at the October 28-29 FOMC meeting which was largely expected to happen what surprised many economists is the forecast that a rate drop at the December 9-10 meeting is no longer guaranteed due uncertainty caused by the 30+ day government shutdown scanning the financials this morning shows the average rate is about 6.125% down slightly from 6.19% last week as markets were pricing in the Fed drop something that I have consistently predicted since the last...
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Interest Rates Set To Drop Again.. Episode 238
Black Hole Of Real Estate Podcast
Interest Rates Set To Drop Again.. ...and the window of opportunity is opening wider for home buyers last week the national average was down to 6.19% for a 30 year mortgage and the 15 year note was down to 5.44% The Fed Meeting October 28-29 is likely to see another .25% rate drop Keep in mind that lenders have begun pricing in the rate drop in anticipation of the acutal move this week so its likely that rates go down a little more this week but not by .25% I anticipate that there will be another .25% drop at the December 8-9 meeting and there is a big possibility that at some point...
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The Luxury Condo Market... Episode 237
Black Hole Of Real Estate Podcast
The Luxury Condo Market... ...Is Super Interesting Right Now Residential Single Family Homes are selling faster than condos in general this year and higher end condos have been the slowest selling in that segment a number of things contribute to that and when you think about it it makes complete sense * most people cannot afford to purchase one * many condos are 2nd homes * high end rental market is down * HOA Fees have increased * Special Assessments All of this creates an environment of opportunity for condo buyers looking for the best possible price and owners that absoutely need to sell...
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This May Be The Most Opportune Time To Buy Real Estate... Episode 236
Black Hole Of Real Estate Podcast
This May Be The Most Opportune Time To Buy Real Estate... ...which might seem crazy given the current market environment the market has been quiet everything in the sales process is taking longer interest rates are higher than most people would like the economy has prolonged uncertainty the government is currently shut down so why now? think about all of the above things in reverse when most people are running in 1 direction away from something there is great opportunity going in the opposite direction and yes there is also some risk involved if you choose to do that history has shown...
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Pre Approval vs Pre Qualification And Why 1 Might Not Be Helping You... Episode 235
Black Hole Of Real Estate Podcast
Pre Approval vs Pre Qualification And Why 1 Might Not Be Helping You... ...there is a decided difference between the 2 and you need to know what that is A Pre Qualification letter is a rough estimate of what you can qualify for based on limited information provided to a lender: that may/may not have verified a credit report or seen any financial documents it most definitely has not been reviewed and approved by an underwriter in many ways, it may not be "worth the paper that its printed on" and a savvy listing agent will know what questions to ask the lender to see if their seller...
info_outlineThis is NOT The Time To Be On The Sidelines...
...The Real Estate market is heating up in ways
that some are just in complete denial of
while others simply aren't sure of the dynamics in play
It's actually a great time to buy homes
and it's also a great time to sell homes
This isn't just theory
I am personally actively buying and selling in this market
2 properties sold in the past month
1 purchase closed and another offer in play right now to close in November
and more of each to come before the end of the year
and here's why...
this is the most opportune time to make a purchase
I have been saying this consistently over the past few months
while the majority of home buyers are stilll hesitant
there is a very active segment of early adopters making deals
buyers are getting homes under contract with very little competition
so why is this also a good time for sellers ?
its simple - inventory is still low
and prices are up in year over year comparisons
I am not saying that the market is fully recovered
what I am saying is that we are in the bottom of the trough
and leading indicators are beginning to show an upturn
if you are watching the right data
and not relying on reports that are based only on emotions
it might help you decide if its the right time to get off the fence
tune into today's show for all the down and dirty details