Black Hole Of Real Estate Podcast

Home sellers have been terrified for many years to put their homes on the market. The worry comes from the fact that homes were selling in a nano second. That has changed. As see more and more homes hit the market, sellers are more willing to list thier properties for sale

There is an insurance issue raging through condo markets that could change the values of some units in developments that are under insured and/or unable to make pay for necessary repairs of roofs and balconies. 

Tune in for our take on what all of this means to you

Special assessments in condos are beginning to affect condo values. They are mainly occuring due to increases in the requirements by insurance companies. Roof and balconies are being repaired/replaced much sooner than the end of their useful lifespan.

Some condos reserve funds are depleted, and the cost it big ticket items either needed to be financed or divided among the individual unit owners. Since not every owner has enough liquidity to pay for these impending special assessment, some owners may sell at a reduced price to get out from underneath the debt obligations. Tune in for the down and dirty details

We got a curveball when interest rates didn't drop as anticipated. Not so surprisingly, there wasn't much of a negative reaction from consumers. At this point, home shoppers are not stopping their purchases over a quarter point.

Inventory has been growing in many markets, and this has contributed to homes buyers moving forward without  much complaint. 

At the end we share a few thoughts on new consturction and how home buyers and sellers are selecting the real estate professionals

We have reached a milestone. We heard that only about 6% of all podcasts make it to

Episode #100. In celebration and gratitude of this moment, this is my memo to real estate industry professionals. Lets Be Better this year...and every year in the future

The game has changed for Real Estate sales professionals. The easy sales have gone away, and now the top 10% of agents , and real estate teams are poised to dominate in 2024.  Fundamentals have weakened over the past few years, and now those that have been committed to honing their craft are seeing a huge payback for their dedication to the details that matter to consumers. Competition is stronger than ever, and the end result is a better consumer experience in the home sales process.

Tax Season has always had an effect on the real estate market. Today we discuss the reasons that it might be easier, or harder to get mortgages approved for home buyers.

Self employed borrowers - We have some insight for you, and a simple strategy to ease you through the qualifying process.

As housing investory rises, and interest rates steadily decrease, there will be massive opportunity for home sellers that have terrified to put their homes on the market in recent years.

Let us know how you feel about the direction of the real estate market.

This week we discuss the 4 biggest things that will affect the 2024 Real Estate Market. We go deep on the inventory levels, interest rates, market movement conditions, and wrap it up with some short term rental profit rumblings.

Short Term rental revenues are down 35-40% nationwide, which is presenting some wide open opportunities for investors. Today Ron discussed all of this and more. #blackholeofrealestate #posdcast 

If you watch the news,it might feel like doomsday is impending for real estate. But if that's the case, why are so many homes still selling? Who is buying them? Ron also discusses 1031 exchange transactions and shares why so many homeowners who need to move are choosing to rent out their homes rather than sell them. All that and more in this week's #BlackHoleOfRealEstate #Podcast

Moving during the holidays. Sometimes, it just can't be avoided.  Today, Ron's discussing preparations and and pricing strategies for those homeowners who find themselves making a move at the end of the year. He also covers what to expect on the purchasing side as well, including lender prequalification, scouting properties while inventory is low, and will walk you through perfectly timing both the purchase and sale to your advantage. Finally, Ron offers a few quick tips on some of the things that are motivating people to buy or sell real estate at year's end. Get all these details and more in this week's episode of the #BlackHoleOfRealEstate #podcast

In today's episode of the #BlackHoleOfRealEstate #podcast Ron is talking about the $1.8B court verdict against the National Association of Realtors that could be cause for major changes in the real estate industry. Ron also discusses what he calls the "silly season" in real estate, when it's common for real estate agents to move brokerages during the final quarter of the calendar year. 

In this week's episode of the #BlackHoleOfRealEstate #podcast, Ron is taking a look at the September home and condo sales trends and statistics for the Daytona Beach, FL market area. He'll touch on how the market today compares with this time last year. Ron also spends some time sharing his predictions for what we can expect the real estate market to do in the final weeks of 2023. 

Things have changed for the real estate market in 2023, and today we're talking about it! . Hear how home sellers are responding differently to offers on their home this year, compared to seller behaviors in 2022. And this year, buyers are enjoying having far more tools to work with than in the recent past. How do these new conditions align with the main reasons most people choose to move? And what does the home flippling scene look like now? Is the flipping frenzy over? This week we discuss all these topics and more in Ron's #BlackHoleOfRealEstate #podcast

This week Ron is helping waffling would-be home buyers consider the pros and cons of buying a home this winter, versus waiting longer for interest rates to improve. Then, Ron discusses lending strategies some buyers are using to make the most of the current mortgage market conditions. Get all the details in this episode of the #BlackHoleOfRealEstate #podcast

Dealing with the decline of an aging loved one is HARD. It's extra tough when it's your parent or parents. And inevitably, part of the process often involves having to move your parents somewhere new after they lived in the same home for many years. In most cases, it's a thankless, heartbreaking, but necessary task. It's situations like these that Ron discusses in this week's #BlackHoleOfRealEstate #podcast

Today, Ron is providing answers to real estate buyers' burning question right now... Will we finally get some relief from the high home prices? He offers guidance on how to make the most of motivated sellers in the upcoming holiday season. Offers market guidance for real estate investors. And even touches on how predicted extreme winter weather predictions might affect the real estate space. Hear these topics and more in this week's #blackholeofrealestate #podcast

For decades, many home buyers have been timing their moves and home purchases for the summer season, when the kids are out of school. But that may be shifting thanks to more remote work and an increase in home schooling. This year, many real estate companies are reporting strong fall season sales and new listings, where historically those months have been slower. Meanwhile, other changes are occurring in the market of buyers purchasing vacation and investment properties. People are tired of visiting the same place ever year. And with AirBNB owners reporting lower ROI this year than in the past, plus talks of tax law changes that might affect short term rentals, many investors say they plan to sell their STRs by year's end.  Ron's discussing all that and more in this episode of the #BlackHoleOfRealEstate #podcast

In today's episode, Ron digs deep for homeowners to explain how today's higher home prices and mortgage interest rates are compounding on home buyers and sellers. Ron doesn't just talk about trends, he answers the question of whether selling your primary residence might is a bad idea right now. Also in today's episode, Ron discusses how many real estate investors are repositioning their money amid the changing economic climate. And Ron touches on the suprising tax benefits of selling a home at a loss, and how the right tax strategies can help owners hedge their risks against future costs like condo assessments, insurance hikes, and deferred maintenance. This is information you can USE, so don't miss today's episode of the #BlackHoleOfRealEstate #podcast

In today's #BlackHoleOfRealEstate #podcast, Ron offers some predictions about what we might expect from the real estate market in the 4th quarter of 2023. He also does a deep dive with information on investment property loans in which the buyer is using projected rental income to qualify for the loan.