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The biggest markets in the nation appear to have reached peak rent.

peak rentThat’s right, we are seeing rental rate declines in some of the biggest markets across the nation! If we are heading into peak rent, what should you be doing to prepare?

Here are the articles for todays show:

Please help the show 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!

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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!

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I finally deliver on my promise to bring in some good stories with the latest employment news!

employment newsIt’s Friday and who wants to ruin the weekend with more nightmare fuel! Not me! So lets take a look at some news that is actually good! The employment news this week is good – in more than one way. Mortgage rates are at their lowest for 2017! More news outlets are getting that in order to really kick the inventory problem in the butt we need to reduce costly regulations!

Has real estate been DOOMED by todays employment numbers?

There are times when it is all good and times when it is all bad. Unfortunately, today it is all bad. Virtually ever single number that means anything to the economy and to real estate was bad today. Of course, those numbers do not stand alone and will dictate what …

Here are todays articles:

Please help the show 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!

Click here to 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! Claim your FREE month and 30 day trial!

We have record high credit scores – this is NOT a good thing.

record high credit scoresGet ready folks. You are about to see tons of headlines about how awesome it is that we are experiencing record high credit scores. They will talk about how it will help grow the economy and how it will make everything wonderful. Sadly, this is not the case and it is the same basic phenomenon that got us into trouble the last time. It all feels so similar to those days that I keep looking around to see if there is still a Bush in the White House or if Nickelback has to top hit on the charts.

Some past shows that might be a good follow up to this one!

Alternative Credit Scores – That Ignore Credit

Measuring credit by not measuring it Just when we thought the crazy train could not pick up any more speed – Congress starts pushing the idea that Fannie and Freddie should change the model they use to evaluate the credit worthiness of borrowers. Of course, when you read what you want to do, …
How about no down loans? Yeah, they are back.

PLUS! New ways to get the show! Just when you thought things could  not get any more nuts, they did. We have talked about the 3% down loans. We have talked about the 1% down loans. But hey, why stop there! Now we can talk about the NO DOWN loans! It’s …

Here are the articles for todays show:

Please help the show 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!

Click here to 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! Claim your FREE month and 30 day trial!

FICO score changes to benefit 12 million sub-prime borrowers.

fico scoreYeah, you read that right. Now remember, whenever they talk about appealing to more lenders or improving credit scores, they are NOT talking about folks who already have a good credit score. By definition they are giving an artificial boost to borrowers that just a few months ago would not have qualified for a loan base don their FICO score. This is occurring with NO change to their financial knowledge, credit history, income or ability to manage their money. It is just about tweaking numbers to make things appear better without any change to what the number is supposed to measure.

Sorry, more nightmare fuel for todays show. We will also talk about these:

Subprime lending – back stronger than ever!

More credit score shenanigans pushes subprime lending to new heights! I still can’t believe what we will talk about in todays show is actually happening. It is, for lack of a better word, completely nuts. Subprime lending is now back – at levels that even appear to dwarf the idiotic lending that …

Please help the show 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!

Click here to 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! Claim your FREE month and 30 day trial!

How bad could the Healthy California Act be for real estate?

healthy california actIt might be easier to ask how bad the Healthy California Act could be for everything. We will take some time today to talk about the act, its costs and how much that would mean in terms of additional taxes for Californians.

We will try to measure the impact by the increasing number of people who would rather leave the state and how this additional tax would potentially make it impossible for most families to keep paying the rent or mortgage that they can currently afford.

There is also some news on defaults which we will take a look at.

Todays articles:

Please help the show 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!

Click here to 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! Claim your FREE month and 30 day trial!


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