An entertaining and humorous podcast giving you the inside dirt on wholesale lending and collateral evaluation in the real estate industry
Adri and Fritz are back with another show - continuing with the alphabetic review of industry terms you should know, as well as discussing the effects of recent rate increases, pricing changes, affordable housing and the chaos currently impacting the market - as well as what to expect when your property is re-assed for tax purposes and how to understand how even a small increase in rates can limit your purchasing power
No Roommates in Kansas City
https://www.yahoo.com/news/co-living-rentals-banned-johnson-192043603.html How likely are home values to drop in your market?https://fortune.com/2022/04/27/how-likely-home-prices-decline-in-every-major-housing-market-corelogic/
Real |Estate Terms You Should Know
https://www.opendoor.com/w/blog/real-estate-terms-you-should-know
Adri and Fritz are back with another show - continuing with the alphabetic review of industry terms you should know, as well as discussing the effects of recent rate increases, pricing changes, affordable housing and the chaos currently impacting the market
Existing Home Sales Continue to Fall
https://www.realtrends.com/existing-home-sales-continue-to-fall/
Mortgage Applications Fall as Rates Increase
https://www.housingwire.com/articles/mortgage-applications-stumble-as-rates-continue-to-soar/
Real |Estate Terms You Should Know
https://www.opendoor.com/w/blog/real-estate-terms-you-should-know
$100 Million Dollar Listing
https://www.wsj.com/amp/articles/a-lake-tahoe-home-with-private-beach-lists-for-100-million-11650487079
Adri and Fritz are back with another show - continuing with the alphabetic review of industry terms you should know, as well as discussing the effects of recent rate increases, pricing changes, affordable housing and the chaos currently impacting the market
Rates Hit 5% 11 year high
https://money.yahoo.com/mortgage-rates-hit-11-year-high-142024794.html
The Squatter House in Arlington –
https://www.axios.com/local/washington-dc/2022/04/13/fairfax-squatter-house-under-contract
https://www.axios.com/local/washington-dc/2022/04/12/viral-fairfax-home-with-squatters-asks-800k-cash
DC Housing Market Slowing
https://dc.urbanturf.com/articles/blog/the-dc-area-housing-market-may-finally-be-slowing-down/19513
Adri and Fritz are back with another show - continuing with the alphabetic review of industry terms you should know, as well as discussing the effects of recent rate increases, pricing changes, affordable housing and the chaos currently impacting the market
Home Price Appreciation Set To Slow
https://www.housingwire.com/articles/massive-home-price-appreciation-set-to-slow-as-sellers-return/
Disney Announces Plans For 1300 Affordable Housing units
https://www.foxbusiness.com/economy/disney-announces-plans-for-1300-affordable-housing-units-on-80-acres-of-land-in-orlando
Real |Estate Terms You Should Know
https://www.opendoor.com/w/blog/real-estate-terms-you-should-know
The Glossary of industry terms (from the Fannie Mae Selling Guide)
https://selling-guide.fanniemae.com/Selling-Guide/Quick-Reference-Materials/
Also be sure to check out our other podcast - The Frank The Unicorn Radio Program (for something a little more on the fun side of things)
http://franktheunicorn.com
Adri and Fritz are back with another show - continuing with the alphabetic review of industry terms you should know, as well as discussing the effects of recent rate increases and how that has impacted demand in the local and national markets (hint - it is not the way you expect!)
Links from the show -
Betty White's House For Sale
https://www.nbclosangeles.com/news/california-news/betty-white-carmel-california-beach-house-for-sale/2858317/
Housing Market to Face it’s Biggest Test yet!
https://fortune.com/2022/03/28/mortgage-rate-hike-could-slow-the-housing-market/
Housing Market to Get More Dysfunctional
https://www.axios.com/housing-market-dysfunctional-51a41204-3928-4918-98c6-f6dfaeb79bc3.html
Housing Maket now deemed “Savagely Unhealthy” – The Macho Man is unavailable for comment
https://www.housingwire.com/articles/the-housing-market-is-now-savagely-unhealthy
Real |Estate Terms You Should Know
https://www.opendoor.com/w/blog/real-estate-terms-you-should-know
The Glossary of industry terms (from the Fannie Mae Selling Guide)
https://selling-guide.fanniemae.com/Selling-Guide/Quick-Reference-Materials/
Also be sure to check out our other podcast - The Frank The Unicorn Radio Program (for something a little more on the fun side of things)
http://franktheunicorn.com
The Count gets hurt while counting --
https://www.youtube.com/watch?v=509sUTE33Fw
Adri and Fritz are back with another show - continuing with the alphabetic review of industry terms you should know, as well as discussing the immediate impact of the recent increase to the Fed Fund Rate -
Rates Increasing faster than anticipated
https://www.cnbc.com/2022/03/22/mortgage-rates-are-surging-faster-than-expected-prompting-economists-to-lower-their-home-sales-forecasts.html
The recent rate hikes and anticipated rate increases are expected to lower demand for sales – it is also predicted this will cause a drop in prices – however an increase to the cost of capital simply reduces the buying power of the average homeowner and does nothing to lower prices (they may stabilize as the market cools but they will not decrease – typical collateral appreciation is between 3-4% per year on average – however the previous year saw an average increase of 14.5%)
When rates go up – demand goes down – purchase demand has dropped 2% and refinance demand is already down 14% - total demand (mortgage applications) dropped over 8% last week - however - despite all of these changes demand remains strong as both rates and the supply of available properties remains quite low.
Real |Estate Terms You Should Know
https://www.opendoor.com/w/blog/real-estate-terms-you-should-know
The Glossary of industry terms (from the Fannie Mae Selling Guide)
https://selling-guide.fanniemae.com/Selling-Guide/Quick-Reference-Materials/
Also be sure to check out our other podcast - The Frank The Unicorn Radio Program (for something a little more on the fun side of things)
http://franktheunicorn.com
Adri and Fritz are back with another show - continuing with the alphabetic review of industry terms you should know, as well as discussing the recent increase to the Fed Fund Rate and it's impact on both the real estate market and the overall economic outlook.
The Fed Rate Hike
https://apnews.com/article/federal-reserve-inflation-interest-rates-e017951eba9229353ab3166be075d82d
Real |Estate Terms You Should Know
https://www.opendoor.com/w/blog/real-estate-terms-you-should-know
The Glossary of industry terms (from the Fannie Mae Selling Guide)
https://selling-guide.fanniemae.com/Selling-Guide/Quick-Reference-Materials/
Also be sure to check out our other podcast - The Frank The Unicorn Radio Program (for something a little more on the fun side of things)
http://franktheunicorn.com
Adri and Fritz are back with another hilarious real estate story (about the guy who dug a 60ft deep hole in his yard while searching for gold) as well as a review of common industry terms and definitions - starting with the letter A - links below!
Real |Estate Terms You Should Know
https://www.opendoor.com/w/blog/real-estate-terms-you-should-know
The Glossary of industry terms (from the Fannie Mae Selling Guide)
https://selling-guide.fanniemae.com/Selling-Guide/Quick-Reference-Materials/
Also be sure to check out our other podcast - The Frank The Unicorn Radio Program (for something a little more on the fun side of things)
http://franktheunicorn.com
Adri and Fritz are back with an in depth discussion of the current "hot" real estate markets - including a discussion of the data and trends typically utilized to determine what makes for a "hot" market and how that may apply to your municipality - links are posted below
https://learn.roofstock.com/blog/hottest-real-estate-markets
https://www.nationalmortgagenews.com/list/the-12-hottest-housing-markets-in-2022
https://insurify.com/insights/hottest-real-estate-markets-2022/
Adri and Fritz return with another hilarious and informative show!
In this episode we share the story of how we met (think of this as an origin story) why we are doing the show and why we both love real estate - additionally we discuss pricing determinations that can effect your interest rate - and argue over the proposed theme song for the podcast going forward - we also examine the age old question - would you rather face down a single alligator - or a gang of 20 parrots?
The first episode of our new show! Get to know Adri and Fritz as they provide insight into how Realtors and Appraisers utilize the MLS system to obtain property values - and share some funny moments from a road trip through the great state of Tennessee (sadly there was no visit to the SunSphere)