loader from loading.io

California is coming for your natural gas

Real Estate Realities With The RebelBroker

Release Date: 02/10/2020

Will 2021 Be The Year Of The Crash? show art Will 2021 Be The Year Of The Crash?

Real Estate Realities With The RebelBroker

Most are talking about a great real estate year ahead. Are they right? If you browse the news today, the general opinion seems to be that things are just ramping up for an amazing year for real estate growth and appreciation. Maybe they are right. However, being the person pointing out issues and potential pitfalls in the market is the same place I found myself in back before the real estate downturn in 2007. The media seems pretty convinced on what will happen with real estate in 2021 The headlines are hard to miss. Take a second to google “2021 real estate” and you find headlines like...

info_outline
Is California A Lost Cause For Real Estate Investors? show art Is California A Lost Cause For Real Estate Investors?

Real Estate Realities With The RebelBroker

California has been a hot state to invest in real estate for decades. The reason is the sheer number of people that are drawn here by the natural beauty of California but also its robust employment opportunities. That landscape is changing. With the growing acceptance of working from home, workers - more than half of them - are looking for the exit. In todays show, we are going to look at a few of the realities that have shifted as companies like Oracle flee California and a majority of people living here would move if they could - and with working from home options becoming more accepted,...

info_outline
2020 California Propositions Vote Results - The Real Estate Effects show art 2020 California Propositions Vote Results - The Real Estate Effects

Real Estate Realities With The RebelBroker

It is time to take a look at the results for the 2020 California Propositions that were aimed either right at real estate, or would have had a big effect on the real estate market. Those included: Proposition 15 - Split Roll Property Taxes to increase commercial taxes Proposition 19 - Property Tax Transfer Breaks Proposition 21 - Rent Control There is good news for folks in the world of real estate, but there is a good reason to take a minute and think about these results. While all is well now, there are indicators that down the road, the landscape just might change. Here is a link to the...

info_outline
Californias Proposition 15  show art Californias Proposition 15

Real Estate Realities With The RebelBroker

Even if you support the idea of Proposition 15, you need to at least accept that this is the absolute worst time to pass such a law. At a time when we need to foster growth of jobs and new business and make it easier for struggling business to recover from COVID quarantines - this is just about the worst thing you could consider doing to make the situation even worse. —————————————————————————————————————————————————— ➡️ Instagram: https://www.instagram.com/rebelbroker/ ➡️ Twitter:...

info_outline
NAHB Confidence Numbers - Too Confident Or Not Confident Enough? show art NAHB Confidence Numbers - Too Confident Or Not Confident Enough?

Real Estate Realities With The RebelBroker

In todays show, we are going to chat about the August numbers for the National Association of Homebuilders and their record setting levels of confidence. There is so much discussion about how the current real estate market is blowing the doors off, I think it is a good time to look at more of the data and get a better grip on what the reality might be. ----------------------------------------------------------------------------------------------------- Find Me On Social Media ➡️ ➡️ ➡️ ☕️ 📰 🕵🏻‍♂️ 👓 💵 ...

info_outline
Todays Real Estate Headlines Are WRONG! show art Todays Real Estate Headlines Are WRONG!

Real Estate Realities With The RebelBroker

Today, let's talk about what recent real estate data is telling us. What is most surprising is that what I am seeing does NOT follow with what is the conventional wisdom in the press. What we are being told is that prices are way up and that this trend is likely to continue. Well, in todays show we are going to look at some data that will leave you thinking todays big headlines just might not be on the mark. Don't miss my Facebook Live "Coffee And Real Estate" chat this Saturday, Aug 15,2020 at 10AM Pacific. Find it here: Visit this live chat at: http://www.facebook.com/whitelawre/live...

info_outline
Housing Inventory Is About To Nose Dive! show art Housing Inventory Is About To Nose Dive!

Real Estate Realities With The RebelBroker

  Will home prices jump? The best information we have right now indicates that a dramatic crash in home inventory is very likely as we move through 2020. There are only two places that homes for sale come from. First, is new construction. We are seeing a big drop off in new construction that even goes beyond what the worst expectations were leading into March. And remember, those are number for MARCH! April is likely to be even more depressing! But wait, that is only half of the real estate inventory story. The other half of our inventory question involves existing homes. If we...

info_outline
Sellers - Avoid Pocket Listings At All Costs! show art Sellers - Avoid Pocket Listings At All Costs!

Real Estate Realities With The RebelBroker

I have never been a fan of pocket listings for a whole lot of reasons. In todays show, we will review the reasons why they are a bad idea for sellers. In addition, we will explore how they are also NOT a better option to help deal with our current quarantine situation. There are NO advantages to a pocket listing vs allowing your home to be listed on the MLS when it comes to maintaining very tight controls on who gets into your home. In fact, whatever benefits you are told doing a pocket listing will bring - including reducing the commission you pay - will end up costing you MORE in the long...

info_outline
Corona Virus and Real Estate show art Corona Virus and Real Estate

Real Estate Realities With The RebelBroker

What does the CDC say and how should we move forward We will start with a quick look at what we can learn from the CDC website. More information is better than less, so we will go over what I am seeing reported by the CDC and try to calibrate expectations to that. Next, we will talk about how buyers, sellers and investors in real estate might move forward. In one case, we will discuss a trend I am seeing that is CRITICAL for folks who must get their home sold to understand and avoid at all costs. https://youtu.be/TjAet09oflY Real Estate Realities Video To check out the...

info_outline
Big Companies Hold $60 Billion in Real Estate show art Big Companies Hold $60 Billion in Real Estate

Real Estate Realities With The RebelBroker

  But those big companies are not really to blame for this reality ... the government is But is it their fault? That's right, giant Wall Street companies have huge holdings in real estate. However, while the media would like you to believe that this is some kind of sin on the part of these companies, the real sin is HOW they ended up owning so much residential real estate. Lets talk about how we got here and how it was clear from the beginning that this was likely to happen. Way back when all of the foreclosed homes that ended up being held by the government needed to get...

info_outline
 
More Episodes

Is legislating no more natural gas a good thing or a bad thing for Californians?

The trend is becoming impossible to ignore. More and more communities are making it illegal to build new homes with natural gas. In fact, it sounds like the ultimate goal is to eliminate natural gas all together and ultimately require home owners to replace gas appliances with electric options. This seems like an odd move when California has still not solved its electric grid issues. In fact, in the ultimate irony, California is moving power plants over to natural gas . So while you won't be able to have it in your home, the state is using it to generate your power. Whats more, California has no hope of meeting the demand for electricity until at least 2023. Do we think that forcing more Californians to use electricity will make this better?

So today we will chat about this and consider it from a owner and investor standpoint.

Links:

  • https://realtybiznews.com/californian-cities-are-banning-natural-gas-in-new-homes/98757516/
  • https://pv-magazine-usa.com/2019/10/25/california-needs-a-fast-and-furious-build-out-of-4-gw-of-new-clean-energy-capacity/
  • https://laist.com/2019/07/24/glendale_just_approved_what_may_be_californias_last_natural_gas-lit_power_plant.php
  • https://calchamberalert.com/2019/03/29/california-electricity-prices-no-7-in-u-s/
  • https://www.reuters.com/article/us-usa-naturalgas-sanjose/san-jose-moves-to-ban-natural-gas-in-new-residential-buildings-idUSKBN1W302J

 


HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled "Take the survey to support the show". Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word 'rebelbroker' to 44222 - or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com - Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

#realestate,#investing,#realestateinvesting,#entrepreneur,#recovery, #Realty,#Realtor,#Realestateagent,#Homeforsale,#singlefamilyresidential,#naturalgas,#california,#regulations