The Powell Fine Homes Group Real Estate Show: Recent Episodes
Richard and Kirsten Powell
As we head into another shifting real estate market, we are leveraging the experience of having thrived in the last two market shifts and share that info, have guests from the industry visit for interviews, give tips on how to improve your home’s value and occasionally share tips on California adventures that we have found all over this great state. We cover all of the San Fernando Valley, Conejo Valley, Simi Valley and Moorpark areas. California BRE Lic# 01463090 and 01783549. Broker-Associates and Team Leaders for the Powell Fine Homes Group at Keller Williams Realty World Class in Westlake Village, California.
We get the question "Are We In A Bubble?" almost every week now. In this episode, we discuss what factors cause a bubble, what factors we are dealing with today and most importantly, why we are not in a bubble today.
In this episode, we cover the highlights of what is going on in the local real estate market as we come off the bottom of the dip created by the COVID-19 lockdown here in Southern California. We also cover what is happening the iBuyer market and lending. Good news is far more prevalent in the real estate sector than almost anywhere else right now.
In this episode of our Market Update, we cover how we have seen a bump in Home Purchase mortgage applications, how pending home sales were affected in March, What the Chief Economist of the National Association of Realtors forecasts for home prices going forward and give 24 hour snapshots of Los Angeles and Ventura County Home Sales.
The media has gone crazy with stories about the collapse of lending and real estate market. Instead of buying into the hype or using fear to drive traffic with clickbait headlines, we are spending time with Laura Berg from HMS Capital to get the real lay of the land from someone who is handling loans on a daily basis. We discuss everything from VA / FHA loans to Super Jumbos and everything in between. If you want further info, send us an email to sold@powellfinehomes.com or drop a comment below. Don't forget to hit the Subscribe Button and thanks for watching! Richard & Kirsten Powell Keller Williams Realty World Class CA DRE# 01463090 & 01783549 Laura Berg HMS Capital NMLS ID: 322949 State Lic.: #CA-DOC322949 Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, Equal Housing Lender
Over the last few weeks, there have been dozens of videos posting that proclaim the end of real estate, the collapse of lending and basically promoting panic as clickbait. In this video, we give you an honest lay of the land as it exists in real estate for Los Angeles and Ventura County single family home markets.
The Fed caught everyone off guard yesterday with their half point rate cut. We have seen 30 year mortgages locked in today on primary residences in the mid-2 point range, non-owner occupied (investor) between 3.25-3.50% and a 15 year primary residence locked in at 2.25%. We don't remember ever seeing anything like thins in the last 16 years. If you don't have a lender to call, we are happy to refer you to the ones we know have the most aggressive rates and lowest cost.
Most agents are not successful in getting their client’s offers accepted in multiple offer situations; in this episode we share some of the tips and tricks that have helped our clients come out on top in the incredibly competitive Los Angeles market. in this episode we share the advanced tactics that help both ourselves and our clients stand out to listing agents ans their sellers.
Realtor.com sent a shockwave through the Broker Community by switching from a subscription based model to a referral based one that will charge 35% of your GCI. For agents who rely on Realtor.com for a majority of their business, they are in for a world of hurt. For newer agents or those who dont have the financial resources to have played ball with Realtor.com before, this may open a door. Want to know more? Take a listen!
We have had a lot of people ask about the Podcast and how they can create one; in this episode we break it down for you. From the Seven Steps to why you should want one, Richard dives into what it takes to get your podcast off the ground, get great artwork to brand it with, content calendars and more. Quick note, Sharon McCormick from Podkastic was who co-hosted the Podcast Seminar on Lab Coat Agents that provided the kick in the butt I needed to get our Podcast going again. She offers a full blown podcasting service that will edit, format and publish your podcast if all you want to do is record the audio part. I believe she also offers coaching on podcasts as well. https://mccormickmarketinggroup.com/podkastic/
We’re often asked “Where do the Buyers come from?” In this episode, we tell you where they come from, what tools they use, what they find most valuable and how we target them. We also share questions Sellers should be asking agents they are interviewing regarding Buyer demos and how the agent will market a home to the correct demographic.
in this episode, we cover the most important Do's and Dont's when going through the Home Loan process. From new accounts, closing accounts, late payments, unexplained deposits and more- listen to learn best practices to ensure your loan experience goes smoothly.
in this episode we flip the script and explore the Top Five things Buyers would tell Sellers if they spoke directly. Curb appeal, staging, pets and more- you may be surprised at some of the things we hear about most
In this episode we explore the top five things sellers would tell buyers NOT to do when you are trying to buy a home. From ridiculouly low offers to bringing oets in someone else's home, we cover some big ones.
In this episode, we cover the Top 5 mistakes we hear about Homebuyers making; from not getting pre-approved by a lender before looking at homes to buying too much house.
In this episode we review the Top 5 mistake we see (or hear about) Home Sellers making in our market. From pricing their home too high, to having deferred maintenance, not staging their home for sale and a few others.
Buying a home is the largest single financial transaction most people make in a lifetime. In this episode we share 10 Things you should know as a First a time Homebuyer. From location to financing, inspections to Home Depot, we share tips and information gleaned not only from our vast experience as real estate brokers, but also from our personal experience of buying or building homes of our own over the last 25 years
Everyone knows about Zillow and Zestimates but few know the real reason why Zestimates exist. In this episode we cover how big Zillow really is, why they have Zestimates and how they translate yourinteraxtions into revenue they get from agents
When you ask a real estate agent "How's the Market?", 9 times out of 10 they will say "It's great!". We coach a lot of agents and this one comes up with almost all of them. We go deep on the four most common segments in Residential Real Estate in this episode, be sure to reach out f you need more details!
In this episode we cover the latest Case-Shiller report for the Los Angeles Metro, the impact of the Woolsey Fire on the communities it burned through, Why homes don't seem to be selling, what's going on with interest rates and what we can expect in 2019.
In this episode we describe how we help our buyers win in multiple offer situations. From how to make your offer stronger besides dollar amount, getting through inspections, the loan process, what NOT to do during escrow and more, this will help you navigate the process like a pro.
There is no such thing as a normal real estate market anymore; we are still dealing with the hangover from 2008 and in this episode, cover what got us hear, what can change it, where prices and interest rates are going in the next 12 months and more.