The Jon Sanchez Show

Today, I want to change one question that nearly every homebuyer asks.Most buyers begin by saying, “How much does the house cost?”I think that is the wrong place to start.The better question is: “What will this house cost me every single month—and can I comfortably afford that payment without sacrificing the rest of my financial life?”The average 30-year mortgage rate just jumped from 7.03% to 7.28% in one week. That was the largest weekly increase in four years. We also have the 10-year Treasury trading above 5%, which continues to put upward pressure on mortgage rates.So, if you are still shopping for a home the same way people did when mortgage rates were 3%, you are shopping in a market that no longer exists.A home's asking price is only the sticker price. The real price is the monthly payment.That payment includes principal and interest, property taxes, homeowners insurance, possibly mortgage insurance, HOA fees, utilities, maintenance and the unexpected repairs that eventually come with owning any home.As an example, borrowing $400,000 at approximately 7.28% produces a principal-and-interest payment of roughly $2,740 per month. At 6%, that same loan would be approximately $2,400 per month.That is a difference of about $340 every month—and we haven't even added taxes or insurance.But here is where today's conversation gets interesting.A higher-rate market does not automatically mean there are no opportunities. It means the opportunity may have to be created.Perhaps the seller reduces the price. Maybe the seller pays for a permanent or temporary interest-rate buydown. Maybe the buyer chooses a different loan structure, negotiates closing costs or finds a home that has been sitting on the market with a motivated seller.The purchase price matters. The interest rate matters. The down payment matters. The seller concessions matter. But none of those numbers should be considered in isolation.They must all work together to produce a payment the buyer can afford—not merely today, but when the furnace breaks, the insurance premium increases or life throws the family a financial curveball.And here is my warning: never purchase a home that only works if you can refinance later. Refinancing should be a future opportunity, not the requirement that holds the entire plan together.Today, we are going to show you how to reverse the traditional homebuying process.Instead of finding a house, falling in love with it and then trying to force the financing to work, we are going to begin with the payment, build the financing around that payment and then find the right house.Joining me are Realtor Aaron Clark and mortgage expert Dwight Millard.Aaron, Dwight—let's help our listeners stop shopping for a house and start shopping for a payment.

Welcome to Estate Planning Wednesday.Let me begin with a statement that may surprise you:Your trust can be perfectly legal, properly signed, and completely wrong for your family today.That is because your estate plan was created for a particular moment in your life. It reflected the people you loved, the assets you owned, the laws in effect, and the decisions you had made at that time.But your life did not stop changing the day you signed your trust.Children grew up. Grandchildren were born. Parents passed away. Marriages began—and sometimes ended. You bought property, sold businesses, opened retirement accounts, accumulated more wealth, or moved to another state.Meanwhile, your trust may still be operating under decisions you made 10, 15, or even 25 years ago.So today, we're answering an important question:When is a simple amendment enough—and when is it time to restate your entire estate plan?By the end of today's show, I want you to be able to look at your own plan and place it into one of three categories:My plan is still current.My plan needs a limited amendment.My plan needs a complete restatement.

For the last several years, we've been asking the same question:When are mortgage rates coming back down?Well, today I want to stop asking that question.Because right now we're looking at mortgage rates above 7%.The 10-year Treasury has moved above 5%.And today the 30-year Treasury reached a level we haven't seen since 2002. ReutersSo here's my question:What if rates DON'T come back down anytime soon?I'm not predicting that.Nobody sitting at this table knows where rates will be two years from now.But let's conduct an experiment.Let's assume 6%, 7%, maybe occasionally 8% mortgages remain part of American life.Then we have a problem.Because we can't keep solving a 2026 affordability problem by waiting for 2021 to come back.Something has to change.Maybe home prices change.Maybe the houses themselves change.Maybe we build them smaller.Maybe we finance them differently.Maybe sellers have to change their expectations.Maybe builders change what they build.Maybe buyers change what they expect their first home to look like.Maybe families start living together differently.Or maybe...ALL OF IT changes.So today Cory, Dwight and I aren't predicting mortgage rates.We're asking something I think is much more interesting:How does American housing have to change if rates stay right where they are?

I want to change the way you think about retirement today.In fact, for the next hour, I don't even want to use the word retirement.Because I think there's a better goal:FINANCIAL INDEPENDENCE.What's the difference?Retirement usually means:When can I stop working?Financial independence asks:When can I stop HAVING to work?Those are two completely different questions.Because what if you LOVE working?Keep working.What if you want to start a business?Start it.Want to work three days a week?Work three.Want to teach?Teach.Want to volunteer?Volunteer.Want to spend three months traveling?Go.Want to buy a ranch and spend Tuesday morning on a tractor?Knock yourself out.Financial independence doesn't tell you what to do.It gives you the freedom to decide.And THAT'S what I want to talk about today.Not dying with the biggest investment account.Not retiring at some arbitrary age because society says 65.But reaching the point where your money can support your life...and your life no longer has to revolve around making money.

I want you to imagine something today.You open your retirement account tomorrow morning...and:$100,000 IS GONE.You'd lose your mind.You'd call your financial adviser.Your CPA.Your spouse.Maybe the police.You'd want to know:WHERE THE HECK DID MY $100,000 GO?But here's what's interesting.What if you didn't lose $100,000 overnight?What if you lost $10,000 here...$7,000 there...$15,000 somewhere else...over five or ten years?Would you even notice?Because after more than 30 years in financial services, I've learned something:The retirement mistakes that hurt people aren't always catastrophic.Sometimes they're boring.A bad tax decision.Too much cash sitting around.Helping the kids when you really can't afford it.Buying too much car.Selling investments because you're scared.Carrying expensive debt.Paying fees you don't understand.Individually, none of them destroys your retirement.But put ten of them together?There goes $100,000.Maybe $200,000.Maybe considerably more.So today we're going hunting.We're looking for 10 quiet retirement mistakes that can slowly steal $100,000 from your future.And I'm betting almost everybody listening is making at least one of them.

I've got a question for homeowners today.And I think millions of Americans are wrestling with it.You bought or refinanced your house several years ago.Your mortgage rate:3%.Maybe even 2-point-something.You probably brag about that mortgage.And you should.Because today, according to Mortgage News Daily, the average top-tier 30-year fixed mortgage rate is:7.37%.That's more than double your rate. Mortgage News DailySo you're sitting there thinking:‘Jon, they'll have to pry this mortgage out of my cold dead hands.'I get it.But then something happens.You find THE HOUSE.Maybe it's the ranch you've always wanted.Maybe it's the house with the three-car garage.Maybe you need another bedroom.Maybe you're tired of your neighborhood.Maybe you're retiring and this is where you want to spend the next 20 years.And suddenly you've got a problem.You don't just have to buy the new house.You have to give up one of the greatest financial assets you own:Your 3% mortgage.And this isn't some tiny group of people.As of the first quarter, 19.5% of outstanding mortgages were still at 3% or below. RealtorSo today Aaron, Dwight and I are answering one question:When does it make sense to give up a 3% mortgage?Because eventually there's a point where protecting the mortgage may start interfering with living the life you actually want.And today we're going to find that point.”

I've got a number for you today that you're probably not going to believe.Yesterday, according to Mortgage News Daily, the average top-tier 30-year fixed mortgage rate was:7.19%.Ouch.But now let me give you another number:3.92%.No, I didn't travel back to 2021.According to new research from Realtor.com, nearly one out of every seven new-construction listings advertised some type of reduced mortgage rate in August.And the average advertised reduced rate was...3.92%.So immediately I'm thinking:WAIT A MINUTE.How in the heck can Dwight be sitting here telling me mortgages are around 7%...while a homebuilder down the street is advertising something with a 3 or a 4 in front of it?Somebody's lying!Actually, nobody necessarily is.And that's what we're going to explain today.Because homebuilders have figured something out.Buyers don't necessarily shop for a house based solely on the purchase price anymore.They're shopping for the monthly payment.And builders are increasingly spending serious money to make that payment look a whole lot better.But there's a catch.Sometimes that 3.92% is temporary.Sometimes it's an adjustable-rate mortgage.Sometimes it's a permanent buydown.Sometimes you have to use the builder's preferred lender.And sometimes the house itself may cost more.So today Cory, Dwight and I are going shopping.We're going to take:A brand-new house with a subsidized mortgageversusan existing house with a conventional market-rate mortgageand answer one question:Which one is REALLY the better deal?

I'm Jon Sanchez, and today we are talking about a retirement expense that almost nobody puts into their financial plan.It isn't healthcare.It isn't inflation.It isn't taxes.It isn't a stock-market correction.It's your adult children.That may sound harsh, but this is not a show about criticizing young adults. Housing is expensive. Groceries are expensive. Insurance, childcare, automobiles and borrowing costs have all become more difficult for young families.Many adult children are working hard and still struggling.And when your child calls and says:“Mom, I'm short on rent.”“Dad, my car broke down.”“We need help with a down payment.”“We can't afford daycare.”What parent doesn't want to help?But here is the question nobody wants to ask:At what point does helping your children begin jeopardizing your own retirement?A recent BMO survey found that 48% of parents and 41% of grandparents planned to financially assist their adult children. Even more revealing, 27% of Americans said parents should financially support their children for as long as they are alive.That means millions of retirement plans may contain an expense that was never included in the original calculation.Today, we're going to talk about how to help your family without becoming their permanent financial safety net—and how to recognize when love and guilt are making financial decisions that your retirement plan cannot afford.

How do I keep my family out of probate?Before I give you my nine steps, however, there's something Nevada residents need to understand.Not every estate containing probate assets necessarily requires a full probate administration.Nevada has special procedures for smaller estates.And the numbers matter.

I want to talk about a number today that probably doesn't mean much to the average American:5%.Today, the yield on the 10-year U.S. Treasury crossed 5%, reaching its highest level since 2007.At the same time, according to Mortgage News Daily, the average top-tier 30-year fixed mortgage climbed to 7.22%.And tomorrow afternoon, the Federal Reserve concludes its two-day meeting, with financial markets overwhelmingly expecting another quarter-point increase in the federal funds rate.Those may sound like three separate stories.They're not.They're all connected.Something has changed in the bond market.Investors are demanding more money to lend money to the United States government.Mortgage rates are moving higher.Borrowing costs are rising.And the Federal Reserve is once again confronting an inflation problem.So today I want to answer two questions:Why are interest rates rising so quickly?And far more importantly:What does this mean for you?Joining me today are Cory Edge of Edge Realty and Dwight Millard of OnQ Home Loans.

I was planning on talking about retirement today.Then something happened over the weekend that made me change today's show.And I'll tell you why.I use artificial intelligence virtually every day.I use it in my businesses.I use it for research.I use it to analyze ideas.I use it to help prepare this radio show.And I think artificial intelligence may ultimately become one of the most important technologies created during our lifetime.But this weekend, Dario Amodei—the CEO of Anthropic, the company behind Claude—published an essay with a title that got my attention:‘We Must Pace the Frontier.'In plain English?We need to slow down.Now, if some college professor or politician who'd never used artificial intelligence said that, maybe I wouldn't think much of it.But this is one of the guys actually BUILDING the technology.And then something even more remarkable happened.Sam Altman, CEO of OpenAI...agreed.Elon Musk...agreed.These guys compete with each other.They're spending enormous amounts of money racing to build the most capable AI systems on Earth.And suddenly they're agreeing on something:Maybe we're going too fast.And Wall Street heard them.Nvidia dropped more than 3% this morning. AMD, Intel and Marvell were hit. The semiconductor index fell about 5%.So today we're putting retirement planning aside.Because I want to answer a question that frankly gives me goosebumps:What do the people building artificial intelligence know today that they didn't know six months ago?And should the rest of us be worried?”

I want to ask you a difficult question today.And if you're married, it's a question I think every retirement plan should answer:Could your retirement plan survive your spouse dying?Nobody likes talking about this.I certainly don't.But one of you is probably going to die first.And when that happens, something interesting occurs financially.People tend to assume:‘Well, now there's only one person, so expenses will be cut in half.'Really?Does the property-tax bill get cut in half?Does homeowners insurance?Does the roof cost half as much to replace?Does your internet provider say, ‘We're sorry about your husband—here's 50% off?'No.A lot of the household expenses continue.But some of the household income may disappear.Your tax situation can change.Your Social Security can change.Your Medicare costs can potentially change.Your investment strategy may change.And the person who wasn't managing the finances may suddenly be responsible for all of it...while grieving.So today we're going to do something uncomfortable—but incredibly important.And then we're going to find out:Does the retirement plan still work when two becomes one?”

Well, if you're shopping for a house today...The bond market just punched you in the mouth.

If your husband died tonight, would you know what to do tomorrow morning?Where are the investment accounts?What does he have in his 401(k)?How is your house titled?Who is named on the life insurance?What bills are on autopay?Where are the passwords?Who is your successor trustee?Who do you call first?And maybe you're sitting there saying:‘Jon, my husband handles all of that.'Okay.That's exactly why we're having today's conversation.And gentlemen, listen closely.Because if you're the one who handles all the finances in your marriage, one of the greatest gifts you can give your wife is making sure she doesn't have to become a financial detective while she's grieving.Estate planning isn't simply deciding who gets your money when you die.It's making sure the people you love can actually function when you're no longer there to help them.

I've got a question today for every parent listening who has adult children.Your son or daughter calls you tonight.They've found the house.They love it.They've got good jobs.They can handle the monthly payment.There's just one problem.They don't have enough money to get into it.And then come the six words every parent loves to hear:‘Mom...Dad...can you help us?'Welcome to the Bank of Mom and Dad.And apparently, business is booming.Nearly one-quarter of first-time homebuyers used either a gift or loan from family toward their down payment in 2025.So this isn't some obscure financial-planning question anymore.Families all over America are facing it.And I think the first instinct for most parents is pretty simple:Of course I want to help my kid.But that's not really the question.The question is:What's the smartest way to help them?Give them the down payment?Loan them the money?Buy the house?Buy it together?Help with the monthly payment?Or tell Junior:‘I love you very much. Keep saving.'Because helping your child buy a house can be an incredible gift.But if it's done incorrectly, you can create tax issues, financing problems, family problems—and potentially damage your own retirement.So Cory, Dwight and I are opening the Bank of Mom and Dad today.And before we close at four o'clock...

Buying a house is funny.You walk through the front door and immediately start imagining your life there.You love the kitchen.Megan loves the backyard.You're already figuring out where the furniture goes.And then the home inspector says...‘Can I show you something?'Those may be the five scariest words in real estate.Because virtually every house has problems.The question isn't whether the house is perfect.The question is:Which problems should you accept?Which ones should you use to negotiate?And which ones should make you grab your checkbook, get back in the car and say:NOPE.So I've got Aaron and Dwight here today, and I'm putting them on the spot.I've got ten houses.Each has a problem.And they only get three choices:BUY IT.NEGOTIATE.WALK AWAY.Gentlemen...Let's buy some houses.

I want everybody listening today to answer what sounds like an incredibly simple question:Who owns your house?You're probably thinking:‘Jon, that's easy. I do.'Okay.Pull out your deed.Because I'm not asking who lives there.I'm not asking who's making the mortgage payment.I'm asking:How is title actually held?Joint tenants?Community property?Community property with right of survivorship?Your individual name?Your revocable living trust?Maybe you're sitting there thinking:‘I have absolutely no idea.'And that's exactly why we're talking about it today.Because those few words on your deed can have consequences when somebody dies, when somebody becomes incapacitated, when the property is sold, and when your family ultimately tries to settle your estate.So today we're going to talk about something incredibly boring...**that could potentially be incredibly expensive.

I've got the August Reno-Sparks real-estate numbers sitting in front of me today, and I'm going to warn you:They're weird.If you've been waiting for the Northern Nevada housing market to collapse so you can finally pick up that $800,000 house for $500,000...I've got some bad news.The median sales price in August was $625,000.That's actually 6.8% HIGHER than a year ago.But here's where it gets interesting.Closed sales were down 6.7%.New listings were down 7.4%.And active inventory was down almost 24% from a year ago.So fewer homes are selling...Fewer homeowners are putting their houses on the market...There are substantially fewer homes available...And prices went UP.So today I've got Cory and Dwight here, and we're going to figure out what the heck is going on.Because if you're thinking about buying or selling a house in Northern Nevada, the headline number doesn't tell you nearly enough about this market.”

There's a type of retirement risk we don't talk about very often.It's not a stock-market crash.It's not inflation.It's not running out of money.It's divorce.More specifically—divorce later in life.There's even a name for it now: gray divorce, generally referring to couples divorcing after age 50.And financially, divorcing at 55, 60 or 65 is very different from divorcing at 30.At 30, you may have another three decades to rebuild.At 60?Retirement might be five years away.Or you may already be retired.Suddenly, one household becomes two.One retirement portfolio becomes two.One house may have to support two future housing needs.Healthcare changes.Social Security matters.Taxes matter.Beneficiaries matter.And perhaps the biggest mistake somebody can make is beginning the legal process before they truly understand their financial position.So today we're going to walk through seven financial steps to consider before filing for a gray divorce.And whether you're contemplating divorce, already going through one, or simply know somebody who is—this is one show where getting the financial decisions right can affect the rest of your life.”

Most retirement advice focuses on getting you to retirement.Save enough.Max out the 401(k).Pay down debt.Decide when to take Social Security.Build an income plan.All important.But then one day something happens that we've spent almost no time preparing you for:You actually retire.Monday morning comes.There's no alarm.Nobody needs you at the office.No meetings.No commute.No deadlines.And for the first couple of weeks you think:THIS IS AWESOME!Then it's Tuesday morning three months later.You've already cleaned the garage twice.You've watched every show on Netflix.Your spouse is wondering why you're following them around the house.And you start thinking...Is this retirement?

Normally when Aaron Clark joins me, we talk about buying houses, selling houses, interest rates, home values and the Northern Nevada real-estate market.Today is going to be different.This weekend, the Hawk Fire exploded outside Reno. Tens of thousands of our neighbors were affected by evacuation orders and warnings, homes were destroyed, and entire communities suddenly faced something most of us never expect to experience.And Aaron wasn't watching this unfold on television.He was one of the people who had to evacuate.Think about that for a moment.You're sitting in the home you've worked for, filled with everything you've accumulated over your lifetime, and suddenly you're faced with one instruction:Get out.What do you take?What do you leave?Where do you go?And what goes through your mind when you close that door not knowing what you'll find when you come back?So today we're going to talk about houses—but we're going to talk about them from a completely different perspective.We're going to hear Aaron's story, and then we're going to ask:If this happened to you tonight, would you be ready?”

“Here's a question for every parent listening today:Do your children know what's in your estate plan?Not whether you have a trust.Do they know who you've put in charge?Do they know what happens when you're gone?Do they know where your documents are?Do they know who to call?And here's the uncomfortable one:Do they know what they're going to inherit?Some of you are probably thinking, ‘Absolutely. My kids know everything.'Others are thinking:‘None of their darn business. It's my money.'And you know what?There are reasonable arguments on both sides.”That's today's show.How much should your children know about your estate plan before you're gone?

“Jon, I've got one rental property. It's doing well. I'd like to buy another one—but where do I get the money?”I get some version of that question all the time.And I think people sometimes assume that investors who own 10 or 20 properties started with millions of dollars.Many didn't.They started with one.One property generated rent.The tenant helped pay down debt.The property potentially appreciated.The investor accumulated additional savings.And eventually that first property helped create an opportunity for the second.Then the second helped create the third.That's what Cory and I are going to unpack today: how do you go from owning a rental property to actually building a real estate portfolio?”

Does your retirement plan have a Plan B?Most retirement plans are built around assumptions.You're going to retire at 65. The market is going to provide a reasonable return. Social Security will start at a certain age. You're going to spend a certain amount every month. Your health will remain relatively good. Your spouse will be there alongside you.And hopefully, that's exactly what happens.But after doing this for as long as I have, I can tell you something: life rarely follows the spreadsheet perfectly.Markets fall. Inflation happens. People get sick. Spouses die. Kids run into trouble. Houses need repairs. People retire earlier than expected—and sometimes they end up living a lot longer than they ever imagined.None of that necessarily destroys a good retirement plan.What can create a problem is having a retirement plan that's so rigid that it only works if everything goes exactly as expected.So today I want to talk about building flexibility into retirement.Not because we're expecting something bad to happen.But because if you've spent 30 or 40 years building your retirement, your financial future shouldn't depend upon everything going

Imagine you've been married for 30 years.You've raised the kids. Built careers. Paid the mortgage. Saved in your 401(k)s.And for decades you've both said the same thing:‘Someday we'll retire.'Great.But here's my question:Have you ever actually asked each other what retirement means?”“Maybe his retirement is a 40-foot motorhome and six months traveling around the country.Her retirement is grandchildren, gardening and never sleeping anywhere that doesn't have room service.He thinks they're moving to Florida.She's already told the kids they'll have to carry her out of the current house.She wants three international trips a year.He's excited that he'll finally have enough time to reorganize the garage.Financially, they're completely prepared for retirement.There's just one problem:They've prepared for two completely different retirements.”

I want to conduct an experiment today.Let's take one house.The homeowner thinks it's worth $850,000.An online estimate says $810,000.Aaron looks at the comps and says $790,000.Dwight says he'd list it at $799,000.Then we get an appraisal and it comes back at $775,000.So I have one house—and five different opinions of value.Who's right?That's what we're going to figure out today.”Then introduce the guys and hit Aaron immediately:“Aaron, I call you this morning and say, ‘I want to sell my house. What's it worth?' Walk me through exactly what you do.”

Imagine Mom passes away.The kids are grieving, but Mom always told them, ‘Don't worry. I have a trust. Everything is taken care of.'So they open the trust documents.And that's when the surprises begin.The successor trustee Mom named 20 years ago is no longer in her life.The house she bought eight years ago was never transferred into the trust.One account has a beneficiary designation nobody expected.And the trust distributes the inheritance completely differently from what the kids remember Mom telling them.There's just one problem.Mom isn't here anymore to explain it—or fix it.”Then set up today's premise:The worst time to discover a problem in an estate plan is after the person who created it is gone.Today we're counting down seven surprises families discover when an estate plan hasn't kept up with real life.

“When most people see a house listed for $600,000, they immediately think the negotiation is pretty simple:Do I offer $600,000?$590,000?Maybe $575,000?But the purchase price is only one part of the negotiation.Depending on the property, seller and market conditions, there may be a whole list of other things on the table.Closing costs. Repairs. Mortgage-rate buydowns. Appliances. Inspection items. Closing dates. Contingencies.And sometimes a buyer may actually be better off paying a little more for the house and negotiating something else.”Then:“So today I'm putting Cory and Dwight to work. I want to know what's REALLY negotiable in a real-estate transaction.”

“I came across a statistic that really caught my attention. In a Bankrate survey, 56% of American workers said they felt behind on their retirement savings.Think about that.More than half.And I guarantee there are people listening to me right now thinking, ‘Jon, I'm one of them.'Maybe you're 55.Maybe you're 60.Maybe you're 65 and retirement isn't some distant concept anymore.And you're looking at your 401(k), your IRA, your Social Security statement and thinking:I haven't saved enough. Now what?That's exactly what we're going to talk about today.”Then I'd immediately reassure them without sugarcoating it:DON'T START WITH PANIC. START WITH MATH.Because here's the first thing we need to determine:Are you actually behind?Or do you just feel behind?

“I meet people all the time who tell me, ‘Jon, I'm retiring in five years.'And my next question is usually: ‘Great. What are you doing differently today because you're retiring in five years?'That's when I often get the blank stare.Because knowing when you want to retire and actually being prepared to retire are two completely different things.”Then set up today's show:We're going to work backward.You're retiring exactly five years from today.What should you be doing now?

Most real estate investors can tell you what they paid for their rental. They can tell you what it's worth today. They can tell you the monthly rent. But ask them what their return on their current equity is—and many have absolutely no idea.”A rental could have been a fantastic investment when you bought it and be a mediocre investment today.

Estate planning isn't only about what happens when you die.For many families, the more immediate risk is:What happens if you're still alive—but you can't manage your own affairs?A stroke. An accident. Dementia. A serious illness. Even temporary incapacity.Today we're going to walk listeners through who steps in, what authority they have, and which estate planning documents actually give them that authority.

The conversation covers a range of topics, from market anxieties, stock market recap, real estate market challenges, family business announcements, and the impact of stubborn interest rates. It also delves into the ripple effects of UWM's situation and the potential impact on the mortgage industry. The conversation delves into the financial market volatility, real estate market analysis, and market dynamics and pricing strategy. The discussion highlights the impact of market dynamics on investment decisions and the importance of analyzing real estate market data for informed decision-making.TakeawaysAnxiously awaiting inflationary dataChallenges of information overload Market dynamics influence investment decisionsReal estate pricing strategy is based on specific neighborhood analysisChapters00:00 Introduction and Technical Difficulties00:45 Anxiously Awaiting Inflationary Data01:13 Stock Market Recap and Market Fate02:04 Northern Nevada Real Estate Report02:13 Surviving in the Real Estate Market02:43 Challenges of Information Overload03:36 Big Announcement and Family Business07:45 Transition to Stock Market Side of Things08:39 Interest Rates and Mortgage Rates13:26 Impact of Stubborn Interest Rates17:25 Ripple Effects of UWM's Situation20:30 Financial Market Volatility29:42 Real Estate Market Analysis42:40 Market Dynamics and Pricing Strategy

One of the things I always tell people about retirement planning is that not every financial decision carries the same weight.If you're 45 and you make a bad investment decision, you probably have time to recover.If you're spending a little too much, you can cut back.If your portfolio isn't allocated properly, you can change it.But retirement introduces a different category of decisions.Decisions that may be difficult—or sometimes impossible—to reverse.And some of these decisions can affect your income for the next 20 or 30 years.So today, I want to walk through some of the biggest retirement decisions you may only get one shot at getting right.

Let me ask you a question.You've worked for 30, 40, maybe 45 years.Every couple of weeks, a paycheck shows up.You know approximately how much you're going to receive. You know when it's coming. And you've built your entire financial life around that paycheck.Then one day you retire.And the paycheck stops.Now what?You've got Social Security. Maybe you've got a pension. You've got a 401(k), an IRA, brokerage accounts, savings, maybe an annuity.But having assets and having income are two very different things.So today I want to show you how to take everything you've accumulated during your working years and turn it into something I call your retirement paycheck.And more importantly, we're going to talk about how to make that paycheck last for potentially 20, 25 or 30 years.

When most people hear the word "foreclosure"...They immediately think...Someone stopped making their mortgage payments.But what if I told you...You could be current on your mortgage...And still lose your home?A recent report highlighted a growing trend of homeowners associations becoming much more aggressive in collecting unpaid dues. HOA-related foreclosure filings reached 6,376 properties in the first quarter of this year, nearly 40% higher than two years ago, as associations face rising insurance, maintenance, and operating costs.Today, Dwight Millard of On Q Home Loans, Aaron Clark of Edge Realty and I are going to discuss what every homeowner should know.

One of the most common things I hear is..."Jon...I'm not wealthy enough to need a trust."My response is always the same...Estate planning isn't about protecting wealth.It's about protecting people.Your spouse.Your children.Your grandchildren.Your home.Your wishes.Today, we're going to discuss why estate planning is one of the most important things a family can do—regardless of the size of their bank account.

When most people hear the word "foreclosure"...They immediately think...Someone stopped making their mortgage payments.But what if I told you...You could be current on your mortgage...And still lose your home?A recent report highlighted a growing trend of homeowners associations becoming much more aggressive in collecting unpaid dues. HOA-related foreclosure filings reached 6,376 properties in the first quarter of this year, nearly 40% higher than two years ago, as associations face rising insurance, maintenance, and operating costs.Today, Aaron Clark and I are going to discuss what every homeowner should know.

Most people think retirement planning ends the day they retire.In reality...Retirement planning is just beginning.You spend thirty or forty years accumulating money.Now you have to make that money last another thirty years.The decisions you make during those first few years can affect the rest of your retirement.Today we're going to discuss what actually happens during those first five years.

Dow Jones Industrial has its worst day of 2026. What caused it and should you be concerned?

Buying a home is exciting.You start looking at pictures online...You visit open houses...You imagine where the furniture will go...But before you fall in love with a house...There are some very important financial questions you should ask yourself.Today, Cory Edge of Edge Realty, Dwight Millard of On Q Home Loands and I are going to walk you through those questions—because buying the right home starts long before you sign the contract.

When I ask someone..."What does your IRA own?"The answer is almost always..."Mutual funds.""Stocks.""Maybe a few ETFs."And there's absolutely nothing wrong with that.But today...I want to expand your thinking.Because for the right investor...A properly structured Self-Directed IRA may allow investments that many people never knew were possible.Now...Just because you CAN...Doesn't mean you SHOULD.Every investment carries risk.But today isn't about telling you what to buy.It's about helping you understand what's possible.

We're surrounded by financial advice.Some of it is excellent.Some of it...well...not so much.Unfortunately, believing the wrong financial advice can cost you thousands—or even hundreds of thousands—of dollars over your lifetime.Today we're going to separate financial fact from financial fiction by discussing ten myths I hear all the time.

Buying a home is exciting.But excitement can sometimes cause us to overlook important financial decisions.Today, we're slowing the process down and asking ten simple—but incredibly important—questions every homebuyer should answer before signing on the dotted line.Whether you're buying your first home, your forever home, or your retirement home, these questions could save you thousands of dollars—and a lot of stress.

One of the biggest misconceptions in estate planning is this..."I have a trust...so I'm done."The truth is...Creating your trust is just the beginning.Over the years...Families change.Assets change.Laws change.Life changes.Today we're going to discuss the ten most common mistakes I see when reviewing existing trusts—and why having a trust doesn't necessarily mean your estate plan is up to date.

Most of us schedule annual physicals.We take our cars in for service.We review our investment portfolios.But what about our homes?For most families...Their home is their single largest asset.Yet many homeowners haven't reviewed it in years.Today we're going to conduct a Mid-Year Homeowner's Financial Checkup to make sure your largest investment is still working for you—not against you.

For most people...Retirement isn't simply a financial decision.It's one of life's biggest emotional decisions.For decades...You've had a routine.A purpose.Co-workers.A paycheck.An identity.Then one day...It all changes.Today I want to ask a different question.Not..."Can you afford to retire?"But..."Are you truly ready to retire?"Because retirement isn't just about having enough money.It's about having something meaningful to retire to.

Every one of us has looked back at some point and thought..."I wish I would have..."I wish I had started investing sooner.I wish I had bought that rental property.I wish I had paid off that debt.I wish I had created a trust.The good news?Today is the day your future self is looking back on.The financial decisions you make this year may determine how you live ten years from now.Let's build today's Playbook.

For many parents...One of life's greatest joys is watching their children buy their first home.But today's housing market is very different from the one many of us experienced.Higher home prices.Higher down payments.Higher closing costs.It's causing many parents to ask an important question...Should we help our children buy their first home?The answer may be yes...But how you help may be just as important as whether you help.Today we're discussing the options every family should consider before writing that first check.

When people create a trust...They usually spend most of their time talking about...Their house.Their investments.Their beneficiaries.But today...I want to talk about something I believe is just as important.The person who will carry out your wishes. Your Trustee.Choosing the wrong trustee can create confusion...Family conflict...Delays...And unnecessary stress.Choosing the right trustee may be one of the greatest gifts you can give your family.Today we're going to discuss what qualities every family should consider before making this very important decision.

For most families...Their home represents far more than four walls and a roof.  It's where children were raised. Where birthdays were celebrated. Where holidays were spent. It's often the largest financial asset a family owns. But today I want to ask a question that very few homeowners have ever considered.  What happens to your home if it goes to probate? Who takes care of it? Who pays the mortgage? Can someone sell it? How long does the process take? And perhaps the biggest question of all... Could probate have been avoided?  Today we're going to walk through what actually happens to a home after its owner passes away.