Podcasts about real estate news

In this eye-opening episode, Jason Hartman delves into the critical state of the real estate market with renowned author Ken McElroy. Discover shocking insights about the struggling commercial real estate sector and its impact on pensions and insurance companies. Are your investments at risk? Plus, explore the booming new construction housing market and why homeowners are holding onto their properties. Foreclosure rates are at historic lows, but what does this mean for investors? Stay ahead of the curve with essential financial advice. And in part 2 of Jason's interview with renowned RE mogul Ken McElroy, Ken talks about the need for government to partner with private companies and relaxing zoning laws in order to address the housing shortage crisis in the US today! #RealEstateCrash #InvestmentSafety #HousingMarket #FinancialAdvice Key Takeaways: Jason's editorial 1:33 Ken McElroy, pension funds, insurance and the commercial real estate market 4:10 Book a call with Jason and get your money back many times over 4:38 "Homeowners don't want to sell" 6:02 Fannie Mae report on REOs; foreclosure business lowest point 9:30 Mortgage delinquencies and foreclosures 10:57 Single Family serious delinquency rates 12:17 Join the Empowered Investor Pro https://www.empoweredinvestor.com/ Ken McElroy's interview Part 2 13:05 Government working with private entities 16:04 Relaxing zoning laws 18:45 Struggling syndicators 22:20 Good at raising money; bad at managing properties 24:58  Not basing your future on rate cuts   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In this Real Estate News Brief for the week ending September 16th, 2023... two more reports on inflation just ahead of this week's Fed meeting, single-family versus multi-family rent growth, and why two background check companies were fined $5.8 million. We begin with economic news from this past week and another round of inflation reports for the month of August. The Consumer Price Index showed an increase in overall inflation but a drop in the core rate which eliminates pricing for energy and food. The overall CPI rose an unexpected .6%, mostly due to a surge in energy prices. That brought the yearly rate up from 3.2% to 3.7%. But when you strip the numbers down to the core rate, inflation was only up .2% and that small increase lowered the annual core rate from 4.7% to 4.3%... ...That's it for today. You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. And please remember to subscribe to this podcast, and leave a review!   If you'd like to know more about how to buy rental real estate, make sure you are a RealWealth member. It's free to join and will give you access to all our data on various rental markets along with hundreds of webinars, our experienced investment counselors, more than a dozen property teams, and lots of great ideas about how to get from point A to B in your wealth-building journey!   Thanks for listening! Kathy Fettke   Links:   Kathy's Instagram: https://www.instagram.com/kathyfettke/ Kathy's audiobook on Audible: https://tinyurl.com/retirerichaudible   1 - https://www.marketwatch.com/story/cpi-shows-biggest-increase-in-inflation-in-14-months-efec35e1?mod=economy-politics   2 - https://www.cnbc.com/2023/09/14/ppi-inflation-report-august-2023-.html   3 - https://www.marketwatch.com/story/when-will-inflation-cool-to-the-feds-2-target-by-late-next-year-says-jp-morgan-strategist-bd6f1c25?mod=mw_quote_news   4 - https://www.marketwatch.com/story/u-s-4-week-average-of-jobless-claims-drops-to-lowest-level-in-seven-months-672e01a9?mod=economic-report   5 - https://www.freddiemac.com/pmms   6 - https://www.apartmentlist.com/research/rents-are-falling-slower-in-the-suburbs   7 - https://www.corelogic.com/intelligence/annual-rent-growth-slows-again-june/   8 - https://www.ftc.gov/news-events/news/press-releases/2023/09/ftc-says-truthfinder-instant-checkmate-deceived-users-about-background-report-accuracy-violated-fcra?   9 - https://www.nar.realtor/magazine/real-estate-news/commercial/new-tool-helps-hosts-calculate-short-term-rental-profit

Jason welcomes his business partner, Ken McElroy, who is known for his books in the Rich Dad series and his expertise in multifamily real estate. They discuss various topics, including the impact of the Federal Reserve's interest rate increases on commercial real estate, the challenges faced by different real estate asset classes, and the dynamics of the multifamily market. Ken emphasizes that affordability issues are affecting the rental market, and they predict a slowdown in new construction in the coming years. They also debunk the idea of easily converting office or mall spaces into residential units. Stay tuned for valuable insights into the real estate market and part 2 of the interview on our next episode. #RealEstate #Multifamily #MarketInsights #FederalReserve #Affordability #Construction #RealEstateTrends #PropertyValues #Investment #EconomicAnalysis   Key Takeaways: Jason's editorial 1:24 Join The Collective Mastermind Event in the Bahamas this November 1:59 Don't be fooled by the clickbait or fake news or the fear porn 3:32 Scrutinizing numbers; monologue versus the dialogue media 8:06 Where's the negative equity 12:34 Join our Empowered Investor Pro group 13:21 Federal Housing Financing Agency (FHFA) Map Ken McElroy's interview  14:17 Welcome Ken McElroy 15:13 Update on the commercial real estate class 19:50 Misconceptions, distorting statistics and construction woes 25:21 "Skate to where the puck is going" 27:28 Converting malls, office and hotel buildings to residential 30:56 Solving the housing affordability issue   Mentioned: Ivy Zelman https://www.zelmanassociates.com/     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason and Will Denis of the Flippin' SoFlo podcast discuss various aspects of the current real estate market and the impact of interest rates and inflation. They emphasize the importance of looking at data rather than getting caught up in fear-based news and offer insights into why the real estate market remains strong despite economic challenges. They mention that low-interest rates have led to affordable mortgage payments for many homeowners, making it unlikely for a real estate crash to occur without distressed sellers in mass quantities. Additionally, they discuss inventory levels and how they affect the housing market, emphasizing the resilience of real estate as an asset class. They talk about potential returns on investment in income properties, with projected returns ranging from 20% to 30%. Jason emphasizes that income property is a historically proven asset class with multi-dimensional earning potential. #RealEstate #HousingMarket #InterestRates #Inflation #Investment #IncomeProperties #Returns Key Takeaways: 1:22 It's all about inflation: Data not drama 3:41 News versus noise 4:33 Inventory levels and the sink metaphor 12:24 Wanted for an RE crash: distressed sellers 14:02 Credit scores and what it means to the housing market 16:01 Population and immigration: Demographics is destiny 18:18 Massive housing construction 23:31 The ‘Perma bull' of the housing market 26:15 Jason's crystal ball 32:04 Minimize exposure to ‘fear porn'   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

Jason reads a nice letter written by Gary who toured with Jason during the Memphis Property Tour. Jason introduces a long-time client, Philip Sullivan to the show to talk about his real estate investment portfolio. Philip is unique because he started his real estate journey doing hard-money lending first and then purchasing income property. He talks on some of the mistakes and key lessons he has learned on today's show.  Key Takeaways: 3:13 Jason regrets dropping out of typing class. Send him a voice mail, not an email!  8:26 Jason reads a lovely note written by one of his clients, Gary.  12:26 Jason welcomes Philip to the show.  15:36 Philip did 10-15 hard-money loans before he purchased his first property.  23:36 Philip chose class A properties, because he liked the leverage and stronger appreciation.  31:36 Catering to a diverse set of income classes will help you in both a good or bad economy.  34:36 Forward your addresses so important mail gets directly to you and not to your rental property.  36:41 A lot of clients have been successfully using virtual mail boxes. Jason explains what they are.    Mentioned In This Episode: VirtualPostMail.com TravelingMailBox.com USGlobalMail.com PostScanMail.com   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason and Will Denis of the Flippin' SoFlo podcast discuss various aspects of the current real estate market and the impact of interest rates and inflation. They emphasize the importance of looking at data rather than getting caught up in fear-based news and offer insights into why the real estate market remains strong despite economic challenges. They mention that low-interest rates have led to affordable mortgage payments for many homeowners, making it unlikely for a real estate crash to occur without distressed sellers in mass quantities. Additionally, they discuss inventory levels and how they affect the housing market, emphasizing the resilience of real estate as an asset class. They talk about potential returns on investment in income properties, with projected returns ranging from 20% to 30%. Jason emphasizes that income property is a historically proven asset class with multi-dimensional earning potential. #RealEstate #HousingMarket #InterestRates #Inflation #Investment #IncomeProperties #Returns Key Takeaways: 1:22 It's all about inflation: Data not drama 3:41 News versus noise 4:33 Inventory levels and the sink metaphor 12:24 Wanted for an RE crash: distressed sellers 14:02 Credit scores and what it means to the housing market 16:01 Population and immigration: Demographics is destiny 18:18 Massive housing construction 23:31 The 'Perma bull' of the housing market 26:15 Jason's crystal ball 32:04 Minimize exposure to 'fear porn'   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com    

In this Real Estate News Brief for the week ending September 9th, 2023... we'll tell you the mortgage rate buyers are waiting for, the homebuying expectations for millennials, and a new super low 1% down payment program.   Economic News   We begin with economic news from this past week, and comments from three Federal Reserve Bank Presidents about the possibility of more rate hikes. New York's Bank President, John Wiliams, spoke at a conference and said that monetary policy is in a good place right now with the desired effects. But, he says: “Going forward, we will have to keep watching the data… and asking ourselves the question ‘is this sufficiently restrictive, do we need to maybe raise rates again?” He also says that worries about a recession have essentially vanished, although he expects the unemployment rate to hit 4% in the coming months. It's currently at 3.8%.... ...That's it for today. You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. And please remember to subscribe to this podcast, and leave a review!   If you'd like to know more about how to buy real estate for investment purposes, sign up for a free membership at RealWealth.com. It'll take just a minute to sign up and will give you complete access to our website. That includes hundreds of webinars, data on different rental markets, a curated list of real estate professionals and property teams, and access to our own experienced investment counselors.   Thanks for listening! Kathy Fettke   Links:   1 - https://www.marketwatch.com/story/feds-williams-says-monetary-policy-is-in-a-good-place-recession-talk-has-vanished-270384ec   2 - https://www.marketwatch.com/amp/story/chicago-feds-goolsbee-suggests-central-bank-is-almost-done-raising-rates-bd88492e   3 - https://www.marketwatch.com/story/feds-logan-says-skipping-rate-hike-in-september-does-not-imply-stopping-61a077c   4 - https://www.marketwatch.com/story/u-s-jobless-claims-fall-to-216-000-lowest-level-since-february-bfe4111f?mod=mw_latestnews   5 - https://www.freddiemac.com/pmms   6 - https://www.cnbc.com/2023/09/05/mortgage-rate-tipping-point-homeowners-say-5percent-is-the-magic-number.html   7 - https://www.redfin.com/news/gen-z-millennial-affordability-barrier-to-homeownership/   8 - https://www.cnn.com/2023/08/25/homes/zillow-low-down-payment-loan/index.html

Today's 10th episode features Dr. Joe Dispenza, a neuroscientist who has written several best-selling books such as "Evolve Your Brain (2007)," "Breaking The Habit of Being Yourself (2012)," and "You Are the Placebo (2014)."  Dr. Joe Dispenza is a Doctor of Chiropractic who has received postgraduate training and continuing education in neurology, neuroscience, brain function and chemistry, cellular biology, memory formation, aging, and longevity. Dr. Joe's work has been featured on six continents in 27 different countries educating people about the functions of the human brain through his lectures on demystifying mystical so people have all the tools within their reach to make measurable changes in their lives. Dr. Joe wrote the book Evolve Your Brain: The Science of Changing Your Mind and Breaking the Habit of Being Yourself: How to Lose Your Mind and Create a New One. Both books are ranked as best sellers on Amazon. He also has appeared on Oprah, CBS News Sunday Morning, CNN Live with Anderson Cooper, and National Geographic Channel's Taboo series discussing how our minds can change our reality. Dr. Joe Dispenza experienced a severe accident when he was 25, where an SUV ran over him during a triathlon event leaving 6 broken vertebrates with shattered segments going back towards his spinal cord.   The prognosis was that he would probably never walk again after surgery. He refused surgery for his injury, deciding that if he rested his attention and energy long enough on his spinal column, he'd reconstruct it with the very power of his thoughts. After 10 weeks of doing meditations for several hours every single day, health started to improve. He eventually used the power of his mind to heal his body. After 30 years since this happened Dr. Joe has hardly had any back pain ever since! Key Takeaways: 2:18 Introducing Dr. Joe 2:51 "You are the Placebo" and the autonomic nerve system 5:58 The autonomic nerve system 8:38 Body heal thyself 13:28 Life extension by thoughts and telomeres 16:57 Teaching people to heal 19:18 Breaking the habit of being yourself 22:55 Epigenetics and mental rehearsal   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In this Real Estate News Brief for the week ending September 2nd, 2023... what the Fed's favorite inflation gauge is telling us about July, the home buying slowdown among investors, and plans for a brand-new bustling city in the San Francisco Bay Area.   We begin with the Fed's preferred inflation gauge showing a slight uptick in July. The Personal Consumption Expenditure price index rose 3.3% compared to the previous year. That's up from 3% in June. The core rate which excludes food and fuel was also up from 4.1% in June to 4.2% in July. The report is fuel for the Fed's next meeting when officials will decide on whether to hike short-term rates once again...   You can read more about these stories by following links in the show notes at newsforinvestors.com. While you are there, be sure to sign up for a free RealWealth membership. You can learn more about how and where it makes sense for you to invest. You can also look at sample rental properties, get your questions answered by experienced investment counselors, and connect with property teams and other real estate professionals. And please remember to subscribe to this podcast, and leave a review!   Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://www.marketwatch.com/story/inflation-rate-rises-slightly-in-july-pce-finds-f496f493   2 - https://www.nytimes.com/2023/08/31/business/economy/fed-inflation-july.html   3 - https://www.reuters.com/markets/rates-bonds/feds-bostic-says-us-interest-rates-are-high-enough-2023-08-31/   4 - https://www.reuters.com/markets/rates-bonds/feds-bostic-says-us-interest-rates-are-high-enough-2023-08-31/   5 - https://www.marketwatch.com/story/u-s-jobless-claims-fall-to-lowest-level-in-four-weeks-3b2da360   6 - https://www.marketwatch.com/story/u-s-creates-187-000-jobs-in-august-382df422?mod=economy-politics   7 - https://www.freddiemac.com/pmms   8 - https://www.redfin.com/news/investor-home-purchases-drop-q2-2023/   9 - https://www.nytimes.com/2023/08/25/business/land-purchases-solano-county.html    

Today's Flashback Friday is from episode 586 published last October 27, 2015. Megan Greene joins us today to discuss the results of the 2015 John Hancock Investor Sentiment Survey. She shares her views on whether or not the Fed's will raise the interest rate, if the stock market is rigged and how she believes monetary easing stokes financial inequality. There are still a few spots left for the Orlando Property Tour! Go to JasonHartman.com to reserve your spot. Key Takeaways: Jason's Editorial 2:07 Ms. Hartman is an extreme do it yourselfer 5:16 Jason wants me to increase my rent to value ratio 7:16] Sign, sign everywhere a sign 8:27 Inflation induced debt destruction 9:27 Orlando Property Tour has a few spots left 10:37 Meet the Masters in January 10:44 Venture Alliance Mastermind - February in Dubai 12:14 “Divorce the story, marry the truth” - Tony Robbins quote Megan Greene Interview: 13:37 Regulations and less market liquidity causes volatility 14:47 High frequency trading makes it difficult for small players 16:55 The stock market is partly rigged 18:16 What's the next move for the Fed 21:19 Results of the investor sentiment survey 22:07 The Fed's may hike in December 23:24 Monetary easing stokes financial inequality 25:07 Pushing investors into riskier investments 26:54 Infrastructure spending may be in the future for the U.S.  27:31 How will a rate hike affect mortgage holders 29:42 Mobility is a benefit for Gen Y workers 30:51 Risks coming from outside of the U.S.   Mentions: Tony Robbins JasonHartman.com Garrett Sutton Manulife John Hancock Asset Management   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason discusses various topics related to the housing market and investment strategies. He covers issues such as the housing shortage, market trends, and the importance of understanding real estate investment math. He also touches on the significance of increasing one's failure rate to achieve success. He then emphasizes the need for proper analysis when investing in income properties and addresses concerns about potential market corrections. Additionally, he mentions the challenges of high interest rates and how they impact the real estate market. He closes about the ongoing shortage of housing inventory in various regions of the country- most especially in New York. He then goes to part 2 of his interview with Mike Zlotnik of TempoFunding.com. They discuss the current housing market situation and the significant shortage of entry-level home construction due to various factors like high construction costs, labor shortages, and regulations. The demand for new homes has increased during the COVID-19 pandemic, but the supply remains limited. Jason then touches on topics like the aging construction workforce and the difficulty in finding young people willing to work in construction. He predicts a housing shortage for decades unless there are significant changes in government policies, labor markets, or construction technology. They also mention rising property taxes and insurance costs, with Jason noting that many of the rental properties his company deals with are new constructions and not affected by high insurance costs. They also briefly discuss the idea of converting office buildings into housing to increase housing supply but note the challenges and costs involved. Key Takeaways: Jason's Editorial 1:22 Recap of the Empowered Investor Pro Zoom meeting: eviction process 2:26 >800,000 housing shortage- a bucket of water into the ocean 4:34 Gloom and doomers raining on our parade. 8:20 Housing inventory update from Altos Research Jason's interview part 2 12:18 Major problems with unemployment and labor 14:05 Where do we go from here; addressing the decades long housing shortage 15:56 Retrofitting empty office buildings, rising property taxes, insurance & Empowered Investor markets 20:52 Rents, Surveys & the typical product today 24:03 Year on year listing supply 26:37 Interest rates and the FED 28:13 The massive impact of Artificial Intelligence 31:32 The future is inflationary Learn how to read a proforma at JasonHartman.com     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Today's podcast features an interview Jason did for Mike Zlotnik of the BogMikeFund podcast, discussing market insights and investment strategies. Jason begins with a mention of a financing program offering 2.99% with zero points, accessible via the website jasonhartman.com/financing. Jason is also promoting the Empowered Investor Pro monthly meeting, highlighting the value of networking and building a real estate investment team. He emphasizes the affordability of joining this program and encourages listeners to participate, as the community offers insights for empowered investors looking to make informed decisions in the real estate market. Then Jason and Mike discuss the current state of the real estate market. They touch upon various topics, including interest rates, the value of mortgages, and housing market trends. Jason emphasizes that despite the recent rate hikes, the real estate market remains resilient, with low inventory and high demand. He also suggests that homeowners with low-interest mortgages are unlikely to sell their properties, even in challenging economic conditions, as their mortgages are valuable assets. Jason predicts that the market will continue to perform well, and people will find creative ways to keep their properties and take advantage of their low mortgage rates. Key Takeaways: Jason's editorial 1:18 Introduction 1:42 You can still enquire about the ZERO points 2.99% financing offer at JasonHartman.com/Financing 2:46 Join the Empowered Investor Pro EmpoweredInvestor.com Jason's interview with Mike Zlotnik 4:35 The US dollar backed by military might; high interest rates causing a shortage of housing inventory 7:47 What you need for a housing crash, high rates causing demand destruction 10:18 Black Knight & Axios data: Number of SFH mortgages by interest rate 15:24  Even when the economy tanks and the $5M house 20:50 The metaphor of the sink and new construction shortage   Websites: https://www.JasonHartman.com/financing https://www.EmpoweredInvestor.com     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

This Flashback Friday is from episode 686 published last June 13, 2016. Michelle Hawkins is a client who has attended a Meet the Masters live event and the most recent Creating Wealth Seminar and Property Tour in Cincinnati, Ohio. Michelle crunched her financial numbers only to discover that her pension was never going to be enough to support her during her retirement and she knew she couldn't count on Social Security. Her investor journey started by reading all the investment books on the library shelves which led her to the sound decision of investing in income property. She shares her story and some sound investing advice. Key Takeaways: Jason's Editorial: 1:53 Was the Orlando shooter on prescription drugs? If so, will anyone report on it?  8:22 The pension system will not support you. You need to find a diversified wealth creation system now. Michelle Hawkins Client Interview: 14:22 Michelle highly recommends attending a live event. She is proof that it works.  18:23 The government basically says your money doesn't really belong to you until they decide to give it back to you when you are 69.  22:19 Michelle and Jason take a hard look at inflation, real interest and tax rates.  26:51 Misconceptions about the stock market in Michelle's research led her to investment in income property. 36:16 Physically vetting the system and the investment markets allows investors to buy with confidence.   Mentioned in This Episode: Jason Hartman Meet the Masters Hartman Education   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Unmask the latest controversy shaking the foundations of the real estate sector in our new podcast episode "Ep. 198 - NAR Under Fire...Again!". We delve into the shocking scandal that recently rocked NAR (National Association of Realtors), leading to the unexpected resignation of its president amid multiple sexual misconduct allegations. Drawing insights from top-tier sources like The New York Times and CNN, we dissect the unfolding events, the implications, and the aftermath in depth. Join us as we explore the ethics, accountability, and leadership crisis in this vital segment of the economy. Tune in for the most comprehensive analysis on this sensitive issue.The Only Real Estate Podcast Worth Listening to is brought to you by Nick, Good, Matt Kelderman and Brian Force. Combined, they have over 30 years in residential real estate experience and have sold over 2,500 homes. Each week they bring their guidance and insight to help real estate agents all over the world grow their business and thrive in an ultra-competitive industry.New episodes are streamed live on Facebook Wednesdays at 3PM. Check out the links below for more ways to connect and join the fastest growing community of real estate professionals nationwide!Join The Only Real Estate Group Worth Being A Part Of on Facebook https://www.facebook.com/groups/2315035012099695Follow us on Instagram https://www.instagram.com/onlyrepodcast/Check our website for more content, webinars, full show notes, and your favorite TOREPWLT merch! https://onlyrepod.com/Create your own podcast with TORE Studios https://torestudios.com/

Jason invites you to join the Zoom meeting that is offering a 2.99% financing offer. Also, the Empowered investor monthly Zoom meetings is this coming Tuesday. Fast track your investing journey by joining this amazing community of investors who are committed to your success! Then Jason continues his discussion with guest Bob Murphy as they talk about the role of market prices, the importance of price discovery, criticisms of capitalism, the impact of government regulations on industries, the creation of money by central banks and commercial banks, and predictions about the economy's future. Bob anticipates a forthcoming recession, possibly in late 2023 or early 2024, and discusses the complex factors affecting inflation and deflation. The stability of the real estate and employment markets is noted, with potential changes predicted in the coming months. The conversation highlights the influence of regional trends and the possibility of higher unemployment rates.   Key Takeaways: Jason's editorial 1:41 Register at JasonHartman.com/Financing for our 2.99% financing offer Zoom meeting 3:31 Join the https://www.EmpoweredInvestor.com  and join this Tuesday's meeting with 2 eviction attorneys Robert Murphy interview part 2 6:01 A primer on how money works 7:56 Do we need a Central Bank? 11:03 Soviet Union central planners pricing debacle  14:06 Is capitalism failing? 15:51 Involving government in a 'free market' 19:24 Reexamining consequences on corporate abuse 21:28 Smoke and mirrors- how money is lent into existence 23:10 What's coming- inflation or deflation 28:29 Some action steps   https://www.BobMurphyShow.com/   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In this Real Estate News Brief for the week ending August 26th, 2023… tough talk on inflation from the Fed Chief, when and why we might see a surge in home prices, and what Texas is doing to manage a booming economy north of Dallas.   We begin with economic news from this past week and comments from Fed Chief Jerome Powell. He delivered the keynote address at the Kansas City Fed's annual retreat in Jackson Hole, Wyoming. He reiterated previous sentiments about making progress on inflation, but says it's still too high and the central bank plans to “keep at it until the job is done.” He said: “We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective” – which is 2%...    ...The North Texas area is becoming a global technology hub as semiconductor companies move into the area. That's creating tens of thousands of jobs, and with all those jobs, a surge in housing demand. We are capitalizing on this opportunity at RealWealth with a North Dallas Rental Fund for accredited investors. You can find out more about this fund at growdevelopments.com.   That's it for today. You can listen to past episodes and check for links to our news sources at newsforinvestors.com. You can also sign up for a free RealWealth membership while you are there to learn more about how and where to invest in real estate. And please remember to subscribe to this podcast, and leave a review!   Thanks for listening! Kathy Fettke   Follow Kathy on Instagram at: https://www.instagram.com/kathyfettke/ Purchase Kathy's audiobook on Audible at: https://tinyurl.com/retirerichaudible   Links:   1 - https://www.marketwatch.com/story/powell-unsure-of-the-need-to-tighten-further-b43a9d18?mod=federal-reserve   2 - https://www.marketwatch.com/story/jobless-claims-drop-to-3-week-low-of-230-000-still-no-sign-of-rising-u-s-layoffs-1f1411f6?mod=economic-report   3 - https://www.marketwatch.com/story/u-s-home-sales-fall-in-july-as-rates-rise-and-listings-fall-33b79a54?mod=economic-report   4 - https://www.marketwatch.com/story/u-s-new-homes-sales-rise-4-4-in-july-533ab184?mod=economic-report   5 - https://www.freddiemac.com/pmms   6 - https://markets.businessinsider.com/news/commodities/housing-market-outlook-recession-home-prices-mortgage-rates-fannie-mae-2023-8   7 - https://finance.yahoo.com/news/house-prices-wont-fall-ndash-195516944.html   8 - https://www.rentcafe.com/blog/rental-market/market-snapshots/new-apartment-construction/ 9 - https://www.bizjournals.com/dallas/news/2023/08/18/txdot-greg-abbott-115-billion.html

Today Jason talks about the current state of the market and the Federal Reserve. He mentioned that while house prices have increased significantly, median household income has also seen growth. However, real house prices are still more expensive than 23 years ago. Jason also discussed the resilience of the real estate market and the human tendency to rationalize decisions. He emphasized the importance of considering economic data on a per capita basis and discussed the concept of geo-arbitrage. He warned investors about the potential risks associated with triple net leases, specifically pointing out the example of Walgreens. He also announced a free Zoom meeting to discuss a new financing program offering 2.9% owner financing on select properties. Then Jason and economist Robert P. Murphy discuss the implications of artificial intelligence (AI) on the economy. He emphasizes that while AI advancements might lead to job displacement, historical examples show that technological progress has ultimately led to increased prosperity and specialization. Murphy acknowledges concerns about AI's potential runaway self-improvement but argues that even in scenarios where AI outpaces human capabilities, humans can still benefit from coexisting with AI. He advises considering investments in assets that AI cannot easily replicate, like land and physical resources. Murphy also touches on the potential impact of AI on cryptocurrencies like Bitcoin and the security of public ledgers in the face of AI advancements. Key Takeaways: Jason's editorial 2:04 Peeling back the layers of house prices 7:11 Rationalizing our decisions 9:21 GDP per capita Stats: Colombia vs. the US 10:21 Gross National Income per capita, geoarbitrage and the Hartman Comparison Index 13:02 RiteAid and Triple net leases 15:43 Join our zoom meeting August 31: owner financing as low as 2.99%. Sign up at https://www.jasonhartman.com/financing   Robert Murphy interview 16:46 AI and dangers it brings 19:10 Lost jobs and the convenience and prosperity AI creates  24:38 AI and "Free Trade" 27:54 When AI goes too far 29:25 Atoms vs. Bits- Invest in things that AI cannot mass produce in the future 33:25 Blockchains and AI   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

Building a small rental unit on your property is a great way to create passive income, but housing experts say that accessory dwelling units, or ADUs, can also help solve the nation's housing crisis. And there are a growing number of states that are allowing them. Plus, three states are actually paying people to build them!   California was the first to legalize ADUs back in 1982 The law allowed homeowners to build a second unit but local governments hampered the effort with restrictions. Some municipalities charged hefty “impact fees” or imposed complicated and expensive permitting requirements. There may have also been restrictions on renting the units if the owner didn't live on the property and problems qualifying for a loan to build an ADU...   If you live in a place that allows ADU's, It's now time to check your yard for space to build an ADU that can bring you some passive income! You can also find out how to become a landlord at our RealWealth website. Membership is free! You can also catch up on any episodes you've missed at newsforinvestors.com. And please remember to subscribe to this podcast, and leave a review!   Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://jbrec.com/insights/adus-surge-in-california-gain-momentum-nationwide/?utm_campaign=BMI&utm_medium=email&_hsmi=271469296&_hsenc=p2ANqtz-_-Hlar9T334pF3qolJt4tha6w2J6owC4q8dk-bEGPqJ1cu2FHzL0uPQKvYkVbr0EF1LiWvSP8vwxxXhrRyDCAbkgUURA&utm_content=271469296&utm_source=hs_email   2 - https://www.governing.com/community/the-role-of-adus-in-easing-americas-housing-crisis   3 - https://www.businessinsider.com/states-will-compensate-you-for-building-tiny-home-adu-2023-8?inline-endstory-related-recommendations= 4 - https://jbrec.com/insights/adus-surge-in-california-gain-momentum-nationwide/?utm_campaign=BMI&utm_medium=email&_hsmi=271469296&_hsenc=p2ANqtz-_-Hlar9T334pF3qolJt4tha6w2J6owC4q8dk-bEGPqJ1cu2FHzL0uPQKvYkVbr0EF1LiWvSP8vwxxXhrRyDCAbkgUURA&utm_content=271469296&utm_source=hs_email

Welcome to the Make Maine Your Home YouTube Channel! I'm Doug Schauf, your host and local realtor. Join me as we explore the pros and cons of living in Maine in today's video. From the natural beauty and outdoor adventures to the strong sense of community, high-quality education, and unique culture, we'll delve into what makes Maine truly special. Pros: Immerse yourself in Maine's breathtaking landscapes, from coastlines to mountains.Enjoy outdoor activities like hiking, skiing, fishing, and camping.Experience the warmth of a tight-knit community that embraces the "Maine way of life."Access top-notch education and quality healthcare services.Dive into a rich cultural scene and explore the state's historical landmarks.Cons: Consider the trade-off of limited urban amenities for Maine's natural beauty.Be prepared for potential challenges in finding specialists and securing student rentals.Understand the seasonal nature of the economy, with some businesses closing during the off-season.Don't miss out on valuable insights that will help you make informed decisions about making Maine your home. Hit the subscribe button to join our community and remember, with the Make Maine Your Home Team, you don't have to embark on this journey alone! 

Today's Flashback Friday is from episode 587, published last Oct 29, 2015. Jason does a solo episode on today's show and has a number of thoughts he'd like to share with the audience. Jason emphasizes the importance of leveraging not only our investments, but our business, and our biology too. He believes leverage is the key to success and talks on why leverage is so important. Jason also talks on Tony Robbins and his philosophy after attending his seminar last week.   Key Takeaways: 2:43 Today Jason will be diving into more general topics not necessarily related to investing. 3:53 What kind of resources does Jason read? 8:46 Books are too long! 10:06 Jason believes the three most important things in life are our business, biology, and investments. 12:36 Walking 10,000 steps is a pretty big accomplishment. 13:16 The focus of the Creating Wealth show is to gain leverage on our investments. 15:11 The self-driving car could change the location, location, location motto in real estate investing. 19:26 Jason talks about Tony Robbins. 23:11 Can you really decide to be happy? 25:36 What are we really focused on? 30:21 Jason shares his thoughts about the book Talent Code by Daniel Coyle. 32:41 The best way to learn how to be a real estate investor? Buy property! 35:31 Jason shares his thoughts on the book Disrupt Yourself by Jay Samit. 37:56 There's a website that can tell you if you're house is haunted. 41:21 Marijuana and Denver real estate. 43:41 Check out Jason's next events via his website. P.S The Orlando property tour is almost full.   Mentioned In This Episode: http://www.jasonhartman.com/ Tough Times Never Last, But Tough People Do! by Robert H. Schuller Talent Code by Daniel Coyle The Organized Mind by Daniel Levitin. Disrupt Yourself by Jay Samit. http://www.diedinhouse.com/ http://www.newser.com/story/214744/marijuana-having-big-impact-on-denver-real-estate.html   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In the latest episode of The Only Real Estate Podcast Worth Listening To, we delve into the controversial decision by Keller Williams to cut profit share in "Ep. 197 - Keller Williams Cuts Profit Share". We unpack the likely fallout of this move, addressing the backlash from disenchanted former agents and exploring the potential ripple effects throughout the real estate industry. We scrutinize the implications of this decision and what it could mean for the future of Keller Williams and the wider real estate landscape. Don't miss this insightful discussion on the latest shake-up in real estate.The Only Real Estate Podcast Worth Listening to is brought to you by Nick, Good, Matt Kelderman and Brian Force. Combined, they have over 30 years in residential real estate experience and have sold over 2,500 homes. Each week they bring their guidance and insight to help real estate agents all over the world grow their business and thrive in an ultra-competitive industry.New episodes are streamed live on Facebook Wednesdays at 3PM. Check out the links below for more ways to connect and join the fastest growing community of real estate professionals nationwide!Join The Only Real Estate Group Worth Being A Part Of on Facebook https://www.facebook.com/groups/2315035012099695Follow us on Instagram https://www.instagram.com/onlyrepodcast/Check our website for more content, webinars, full show notes, and your favorite TOREPWLT merch!https://onlyrepod.com/Create your own podcast with TORE Studios https://torestudios.com/

Hometown Radio 08/23/23 3:30p: Lindsey Harn shares the latest real estate news

Jason talks about the increase in housing inventory in the United States, attributing it to housing affordability issues. Despite the increase, inventory is still lower than it was last year by around 10%. He also anticipated misleading headlines and disaster scenarios, dismissing them as fake news. He emphasized the need for understanding the dynamic nature of the market, and expressed appreciation for his audience's engagement and feedback. Furthermore, Jason discussed a special financing offer of 2.9% for a podcast or Youtube session, and presented a forecast of home prices for 2023, noting that he had correctly predicted the trend. He criticized those who spread doom and gloom narratives about the housing market, implying their advice may have led to significant financial losses in the past. Then renowned economist Harry Dent returns as he discusses key economic indicators, cycles, and market trends. He emphasizes the potential for a significant market downturn due to demographic shifts, overvalued real estate markets, and high levels of debt. Dent suggests investing in high-quality Treasury bonds (ETFs like TLT and ZMF) as a safe haven during potential market crashes. He also recommends being cautious with stock and real estate investments, as he anticipates a period of economic turbulence ahead.  #EconomicIndicators #MarketTrends #Demographics #MarketDownturn #InvestmentStrategy   Key Takeaways: Jason's editorial 1:27 We love your comments! And keep those reviews coming as well 2:06 Housing inventory and affordability 4:18 Inventory is still lower YOY 7:05 LIVE Zoom meeting featuring an awesome financing deal. For more details. get on our mailing list today! 8:42 Chart: 2023 Year end home price forecast 12:13 Leverage Harry Dent Part 2 17:43 Chart: 2 Tech cycles per 45 years & 1 generational per 39 19:54 Chart: Current FED hike of 525bps already most since 1981 21:32 Chart: Russell 2000 triangle pattern ultimate sign of long-term  23:04 Chart: China's real estate crash keeps coming back 26:58 "You can't have a crash without distressed home owners" - Harry picks Jason theory apart 30:50 Standard of living is declining: buyers and renters just have to accept less 33:18 Work force and the death of southern Europe and east Asia and how America is far better off 35:57 Impact of technology and AI and the generational transfer of wealth  37:31 Some of Harry's action steps   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In this Real Estate News Brief for the week ending August 19th, 2023... what economists say the Fed will do next, a new record high for U.S. home values, and the cities with the biggest need for new housing.   We begin with the results of a poll among economists on whether the Fed is through with rate hikes. Reuters polled 110 economists for their opinion on what the Fed will do next. 90% of them believe the Fed will keep interest rates right where they are. About 80% don't think we'll see another rate hike for the rest of the year. And, a slight majority are anticipating a rate cut by March...   Please sign up for free membership at our RealWealth website if you'd like to learn more about how and where to invest in real estate. You can also catch up on any episodes you've missed at newsforinvestors.com. And please remember to subscribe to this podcast, and leave a review!   Links:   1 - https://www.reuters.com/markets/rates-bonds/fed-done-hiking-slim-majority-economists-say-no-rate-cut-through-march-2023-08-18/   2 - https://www.cnbc.com/2023/08/16/fed-meeting-minutes-signal-coming-rate-moves.html   3 - https://www.marketwatch.com/story/jobless-claims-fall-11-000-to-239-000-layoffs-in-the-u-s-still-low-c9cd3418?mod=economic-report   4 - https://www.marketwatch.com/story/builder-confidence-falls-for-the-first-time-in-2023-despite-strong-u-s-home-buying-demand-f6b543e1?mod=economic-report   5 - https://www.marketwatch.com/story/builders-ramped-up-construction-of-new-homes-in-july-6d087590?mod=economy-politics   6 - https://www.freddiemac.com/pmms   7 - https://nationalmortgageprofessional.com/news/us-home-values-soar-record-468-trillion-amid-housing-shortage   8 - https://www.bloomberg.com/news/articles/2023-08-14/san-francisco-real-estate-declines-spur-property-tax-assessment-appeals   9 - https://finance.yahoo.com/news/housing-market-2023-4-cities-113007105.html

In this episode, Jason welcomes bestselling author Harry Dent as a returning guest. Harry Dent, known for his bearish outlook on the economy, has appeared on the show multiple times over the years. The discussion revolves around whether Harry's long-held economic predictions are finally coming true. Jason highlights Harry's approach of studying demographics and predictable spending patterns, which he finds reliable. However, the complexity of the economy is acknowledged, with a humorous reference to economics being invented to make astrologers seem credible. The episode also promotes an upcoming cruise event and delves into an article from The Atlantic about the inaccuracy of recession predictions. The article explores factors like positive economic indicators, the role of the Federal Reserve, and the psychology of public perception. Ultimately, the episode concludes that economic forecasting is not a precise science, leaving the future of the US economy uncertain. #EconomicOutlook #HarryDent #Demographics #RecessionPredictions #Demographics #FederalReserve #EconomicForecasting Stay tuned for details regarding our upcoming 5 day Cruise on April 2024. Then renowned economist Harry Dent discusses the current state of the economy and his predictions for the near future. He highlights the impact of massive stimulus injections, printing money, and raising interest rates. Dent explains that the combination of the 5.2 trillion dollar stimulus and tightening monetary policy will likely lead to a significant weakening of the economy over the next year. He emphasizes the importance of understanding the lags in economic responses and suggests that by the summer or fall of 2024, the economy could be facing a deep recession or even a depression. Learn more about Dent's insights into economic cycles and technology trends.     Key Takeaways: Jason's editorial 1:28 About Harry Dent 2:46 Upcoming LIVE Cruise on April 2024 3:25 Article: How the recession doomers got the US economy so wrong Harry Dent interview part 1 10:59 Welcome Harry "The Bear" Dent 12:31 2007 Baby boomer peak spending 16:01 Immigration adjusted birth index and peak spending years for each generation 23:12 Chart: FED printed 44% more money in 2 years AFTER COVID than 2008 to2014 28:12 Is the future still deflationary?   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

In addition to the tragic loss of lives in the Maui wildfire, residents and insurance companies are assessing property losses which are currently coming in at about $3.2 billion. But it won't just be Maui residents paying for this fire. Insurance companies will be raising rates for everyone to help cover their losses.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   As reported by Barron's, insurance companies won't have any problem paying claims for fire losses in Maui. The U.S. property and casualty industry is well-capitalized with about $980 billion at the end of last year. That's according to the Insurance Information Institute. The Institute's Janet Ruiz told Barron's: “The Hawaii insurance market is stable. Insurance companies are prepared to handle catastrophes.”   Property Insurance Rates    But analysts and industry experts say insurance companies are already raising rates as natural disasters cause more and more damage across the U.S. and the Maui wildfire will only reinforce this trend. Insurance companies will raise rates based on what they expect to pay out in the next few years.   The National Interagency Fire Center says an average of 4.4 million acres have been burned by wildfires in the U.S. each year for the past decade. Currently, the average cost of homeowners' insurance is about $1,700 a year or about 10% more than it was just one year ago.   Scaling Back Insurance Coverage   In addition to raising rates, insurance companies have also been scaling back coverage in areas they see as the riskiest. State Farm and Allstate have stopped selling new policies in California. Farmers Insurance is also restricting coverage in California and Florida.   Analyst Adam Klauber at William Blair told Barron's: “We'll continue to see more geographic restrictions and nonrenewals.” That's expected to push those consumers into the surplus market for coverage, which will cost more and cover less.   Families Without Property Insurance   There's also another side to the devastating impact of the Maui fire. Many of the residents live in homes that have been in their families for generations. If they are fully paid for without a mortgage, there's no home insurance requirement. News reports say that many of the victims are working class families who may not have splurged on home insurance, and for people without any insurance, rebuilding could be difficult or even impossible.   What was already a difficult housing shortage before the fire, it is now much worse. Demand has increased for homes in Maui as remote workers expand their horizons, and pay cash for homes on the island paradise. Short-term rentals have also reduced the supply of affordable homes. That's left many working class families renting homes or sharing homes with extended family members. And it's these folks who are crucial to Maui's tourism industry.   High Cost of Living   It's not cheap to live in Hawaii. Many products like food and building materials need to be imported, and that makes them more expensive. And there will be a huge need for rebuilding. Maui officials say the fire damaged or destroyed almost 3,000 structures.   But before that happens, displaced residents need to find a place to stay. The Washington Post reports that a local Realtors association is hoping to get many of those people into vacation homes that are currently vacant.    Investors and realtors are also reportedly contacting victims with offers to buy their scorched land. That's triggered some amount of outrage and a warning on Instagram by an organization dedicated to the preservation of land and native species in Hawaii. The message begins: “I am so frustrated with investors and realtors calling the families who lost their home, offering to buy their land. How dare you do that to our community right now.”   Realtors Donating $1.5 Million   On a brighter note, the National Association of Realtors also announced that the REALTORS Relief Foundation is donating $1.5 million in disaster aid to the Hawaii REALTORS association to help communities devastated by the fire.   Relief Foundation President Mike McGrew says: “Maui's recent wildfires have deeply impacted its residents, and we stand by them during this challenging time. RRF grants aim to ease the path toward recovery, offering tangible aid to those rebuilding their lives. As real estate agents, we recognize that unity and community spirit are invaluable, especially when facing such trying circumstances.”   That's it for today. If you've missed some of our episodes, you can catch up at https://www.newsforinvestors.com. You can also hit the Join for Free button to become a RealWealth member. And please remember to hit the subscribe button, and leave a review!   Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://www.barrons.com/amp/articles/maiu-hawaii-wildfire-homeowners-insurance-2fbc156   2 - https://www.nytimes.com/2023/08/11/us/maui-wildfires-housing.html   3 - https://www.washingtonpost.com/nation/2023/08/14/hawaii-housing-crisis-lahaina-homes-maui-fires/   4 - https://www.newsweek.com/investors-calling-maui-wildfire-victims-buy-their-land-1819600   5 - https://www.nar.realtor/magazine/real-estate-news/realtors-give-1-5m-to-aid-maui-wildfire-recovery

This Flashback Friday is from episode 515, published last May 13, 2015. Michael Casey is the author of The Unfair Trade and talks to Jason on how we can make international trade fair. Jason and Michael talk on how saving financially can hurt the economy as a whole, China's economy, job creation, and much more on today's episode. Jason would also like to remind his listeners that if you'd like to join the Venture Alliance, you can by going to http://venturealliancemastermind.com/.    Key Takeaways: 4:50 Always have an inspection in your properties.  14:13 Check out http://venturealliancemastermind.com/ if you'd like to join Jason's mastermind. 15:11 Jason welcomes Michael Casey to the show. 25:53 Saving excessively can be destructive to a nation.  34:58 China is very far away from creating a middle class economy.  38:08 Technology is moving so fast that we can not keep up with creating new job opportunities.  47:23 The problem with ObamaCare is that we already have socialized health care by default.  50:13 We have nationally-focused governments, but we need international organization for fair trade to work properly.     Mentioned In This Episode: http://venturealliancemastermind.com/ JasonHartman.com michaeljcasey.com/      Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school's library. After graduating from The New York Law School, he became an attorney and life long serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company. After the 2008 financial collapse and the continued global economic deterioration, Kerry realized people needed a reliable source for accurate information. Believing that inflation would eventually run rampant, he dedicated himself to helping people protect and preserve their wealth. He urged investors to re-balance their investment portfolios and to implement precious metals based strategies to adapt to the new economic order. The ability to perceive economic reality, as well as to separate truth from governmental inspired economic fantasy will be essential for economic survival and prosperity in the years ahead. In 2010, Kerry gave up most of his other interests to pursue his long held desire of becoming a radio show host. Thus the Financial Survival Network was born. Its mission is helping you to prosper and thrive in the New Economy. He has done hundreds of interviews with such financial luminaries as Peter Schiff, Harry S. Dent, Martin Armstrong, Jim Rogers, Marc Faber and Peter Grandich. He continually releases new segments and interviews on iTunes and YouTube. His new Triple Lutz Report was an instant hit and continues to increase audience share. As he says, “The Financial Survival Network, It's All About What's Next!“ Key Takeaways: [2:45] Limiting your tax burden, our double dip tax system, and the Panama Papers [6:30] Why we see vibrant startups and innovation everywhere except the financial sector [10:45] Jekyll Island, and the importance of it [13:15] The smoke and mirror system of our banking [17:40] The most recent "speeding ticket" to Wall Street, and what a joke it is Website: www.financialsurvivalnetwork.com   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

In this Real Estate News Brief for the week ending August 12th, 2023... you'll hear what Fed officials are forecasting for housing inflation, why a New York judge tossed an Airbnb lawsuit, and the top ten cities for build-to-rent single-family homes.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Economic News   We begin with economic news from this past week that features two reports on inflation. The Labor Department reported that the Consumer Price Index was slightly higher in July than it was in June, although the reported figure for both months was .2%. The slight increase was enough to bring the yearly rate up a tiny bit, from 3% to 3.2%, but as MarketWatch reports, the fluctuation may not be enough to worry the Fed. The core rate, which eliminates prices for food and fuel, was also up .2% with an annual rate that was down slightly from 4.8% to 4.7%.   According to Fed researchers, housing costs account for 90% of the inflation rate. They say that shelter costs were up .4% with a 7.7% year-over-year increase. But that number also represents a slow down the cost of housing. In March, the year-over-year rate was 8.2%. Researchers say: “Various market indicators, including house prices and rents, suggest that the housing market has slowed significantly with the rise in interest rates.” They say: “Our baseline forecast suggests that year-over-year shelter inflation will continue to slow through late 2024 and may even turn negative by mid-2024.”   The Producer Price Index for July also came out this last week and it showed an unexpected increase of .3% in July. That's up from .1% in June. That brings the annual rate up from a minimal .1% in June to .8%. The core rate also rose from .1% in June to .2% in July, for an annual rate of 2.7%. Economists are generally not anticipating another rate increase by the Fed in September, but they also can't rule it out, especially when they see inflation reports that any kind of increase.   Fed officials are also taking a wait-and-see stance. San Francisco Fed President Mary Daly is one of them. She said in a TV interview this last week: “There's still more work to do” and “there's a lot of time between now and September” indicating that incoming data will influence a decision on whether to hike rates another time. Fed officials raised the overnight lending rate a quarter point at their July meeting, to a range of 5.25% to 5.5%.   The number of people applying for unemployment benefits surged a bit last week. There were 21,000 additional claims for a total of 248,000. But the total number of people collecting benefits was down by 8,000 to 1.64 million. The overall trend has been a decline in claims, showing that the job market is still in good shape despite the Fed's effort to bring the economy, and the job market, down a notch or two.   Mortgage Rates   Mortgage rates crept higher for a third straight week, and are just a hair under 7% for your typical loan. Freddie Mac says the average 30-year fixed-rate mortgage was up 6 basis points to 6.96%. The 15-year was up 9 points to 6.34%.   In other news making headlines…   Judge Dismisses Lawsuit by Airbnb, NY Landlords    A New York judge tossed an Airbnb lawsuit against rules that could reduce the overall number of available rentals. The lawsuit was filed by Airbnb and three New York City hosts to challenge a requirement that listings must be registered or face penalties. That will require a registration fee. Hosts must also be present when the units are being rented.    They say the rule will make it nearly impossible to provide short-term rentals in the city's five boroughs and were seeking $85 million in damages. It is also expected to cause problems for landlords with tenants who rent their units illegally. The judge says the rules will probably not be perfect, but will make it possible to enforce a ban on illegal short-term rentals.   Remote Work Also Popular Among Executives   It isn't just the rank-and-file employees who want to work remotely. A report by Deloitte found that two-thirds of the executives that work in the financial services industry would walk off the job if they had to return to the office full-time. And more than half of them say they are feeling pressured to do exactly that.    They also feel they are making a sacrifice to work remotely, with a majority saying that in-office employees are paid more, are chosen more often for promotions, and are given more decision-making powers. They also feel they are missing out on networking opportunities.   Insider reported that a survey by McKinsey shows that many highly paid executives would be willing to take a 20% pay cut to continue working from home.   Where You'll Find the Most Build-to-Rent Homes   The build-to-rent trend is alive and well and very popular in some Sunbelt cities. A RealPage report shows that the three metros with the highest number of build-to-rent homes under construction are in Phoenix, Dallas, and Atlanta. It says that those metros account for 25,000 up-and-coming new units or more than a third of the nation's total number of build-to-rent homes under construction.   Other cities on the list include Fort Worth in fourth place, Houston in fifth, and Charlotte, North Carolina in sixth. Seventh on the list is San Antonio. Austin is eight. Nashville is ninth. The only Midwest metro on the list is Columbus, Ohio, in tenth position.   That's it for today. If you've missed some of our episodes, you can catch up at https://www.newsforinvestors.com. And please remember to hit the subscribe button, and leave a review!   You can also hit the Join for Free button to become a RealWealth member. As a member, you get access to our Investor Portal, where you'll be able to look at property pro-formas and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and others.   Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://www.marketwatch.com/story/u-s-inflation-rate-creeps-back-up-cpi-shows-feds-fight-not-over-5f213049?mod=economy-politics   2 - https://www.bisnow.com/national/news/economy/rents-now-account-for-90-of-inflation-which-ticked-up-in-july-120172   3 - https://www.marketwatch.com/story/u-s-wholesale-prices-pick-up-in-july-ppi-shows-2a4dbfaf?mod=economy-politics   4 - https://www.marketwatch.com/story/fed-has-more-work-to-do-to-get-inflation-back-down-daly-says-1899e2cf   5 - https://www.marketwatch.com/story/u-s-jobless-claims-rise-to-highest-level-in-a-month-e2ec6929?mod=economy-politics   6 - https://www.freddiemac.com/pmms   7 - https://www.bisnow.com/new-york/news/hotel/airbnbs-lawsuit-challenging-new-yorks-restrictions-dismissed-by-judge-120161   8 - https://www.businessinsider.com/financial-execs-would-quit-if-mandated-back-to-office-2023-8   9 - https://www.globest.com/2023/08/11/here-is-where-the-most-build-to-rent-units-are/

Today, Jason discusses various topics, including his impressions of Medellin, Colombia, and observations about expatriates' perceptions of their new countries. He compares the US to other countries in terms of government interference, ease of doing business, and capital movement. He anticipates higher inflation due to shifting global labor markets and emphasizes the importance of the US as a safe haven for capital. He analyzes homeownership rates among different generations, debunking some misconceptions about millennials and real estate. Jason also touches on tragic events like wildfires in Maui and ongoing conflicts in Europe and Afghanistan. Jason then welcomes Erin Sykes, Chief Economist at Nest Seekers International, as they discuss the current state of the real estate market, focusing on high-end trends and the impact of interest rates. Erin shares insights into wealthy investors' behavior, the role of hard assets in the market, and the shift in mentality towards long-term real estate investments. Discover how different markets are responding to changes in inventory, mortgage rates, and economic stability. Learn about the resilience of certain cities and what the future might hold for the real estate landscape.   Key Takeaways: Jason's editorial 1:18 Some comments on Medellin, Colombia 4:25 Comparing governments with regards to business 7:08 The American hegemony 8:58 Nixon and the emerging inflation threat 11:37 Inflation induced debt destruction 12:23 The US consumer debt 14:46 Millennial vs. Gen X home ownership rates 21:05 Maui locals worry wildfires could worsen affordable housing shortages  23:17 Geopolitical news in Sweden and Afghanistan Erin Sykes interview 25:36 Jason welcomes Erin Sykes 26:36 What wealthy clients are saying right now 28:22 T.I.N.A - Is real estate the 'safe harbor' 30:44 Crypto and purchase cancellations 31:53 Businesses of the ultra-rich 34:02 Financing vs. leverage, date the rate- marry the house 37:33 FED raising rates one more time 39:55 Don't bet against New York City 42:57 A forecast on the real estate market 46:51 Mass migration and remote work   Mentioned: Listen to Jason's old episodes HERE. https://PeterSweden.com/ https://www.NestSeekers.com/   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

On this episode of Industry Relations, Rob and Greg discuss the key takeaways from Inman Connect 2023 in Las Vegas and the potential outcomes for ongoing industry lawsuits. Listen in for an insightful recap of the latest trends and news from the event, as well as settlement scenarios that could shape the future of real estate.   Congrats, to our very own Greg Robertson for being the 2023 Inman Connect Nate Ellis Award. The Nate Ellis Award recognizes those in the industry for their community contributions to the real estate industry.    “There is no one else more deserving to be awarded this recognition.” - Rob Hahn   Listen to the Industry Relations Podcast, available on all podcast platforms! Listen to the podcast on Apple Listen to the podcast on Stitcher Connect with Rob and Greg:  Rob's Website Greg's Website Our Sponsors:  Notorious VIP This podcast is produced by Two Brothers Creative 2023.  

Jason discusses the state of the housing market from a scenic location in Medellin, Colombia. He highlights the remarkably low mortgage delinquency rates, the lowest since 1979, debunking predictions of market collapse. He contrasts today's median mortgage payments, even with rising interest rates, to those in 2011-2013 when prices were significantly lower. Hartman dismisses concerns about unemployment impacting the housing market, arguing that unemployment benefits can comfortably cover these low mortgage payments. And in part 2 of Dean Rogers' interview, Jason discusses the current state of the real estate market, focusing on the reasons why a housing crash is unlikely. He emphasizes that the market is not currently in a bubble, attributing this to factors such as solid lending practices, high-quality borrowers, low inventory levels, and strong demand for housing. He also points out that the shortage of entry-level homes, combined with the lack of distressed sellers and the equity that homeowners hold, makes a crash less probable. Furthermore, he discusses the multi-dimensional returns of income properties and predicts that mortgage rates may settle around 5% in the future. Overall, he suggests that the real estate market is stable and poised for continued appreciation.   Key Takeaways: Jason's editorial 1:27 Welcome from Medellin, Colombia 1:58 Lowest mortgage delinquency rates since 1979 3:41 Chart: Median monthly mortgage payment | Median home sale price 6:37 The wild card Dean Rogers interviews Jason Part 2 8:18 Rents for Single Family Homes are going up a lot more 9:02 There is no such thing as a "national housing market" 9:38 10 to 12 year cycle market crash 11:32 Chart: Percent of closed-end, first lien mortgages outstanding by interest rate 12:42 Chart: Percent of closed-end, first lien mortgages byd current loan to value 14:46 Chart: mortgage originations by credit score 15:45 US population growth 1990-2020 & the most important charts 16:07 Inflation adjusted house prices 3.6% below peak 16:26 Single Family housing units completed 17:38 PropertyTracker.com 19:32 There is very low inventory 20:01 Interest rates  26:01 The property has to make sense from the day you buy it   Mentioned: Debt: The First 5000 Years by David Graeber Grant's Interest Rate Observer https://www.grantspub.com/   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

Today's Flashback Friday is from episode 517 published on May 18, 2015. Jason talks on why the US real estate is vastly better than the European market and also answers a listener question from Pam. Gary Carmell is the author of The Philosophical Investor: Transforming Wisdom into Wealth. He talks to Jason on what is a philosophical investor, the reason why there was a 2008 real estate crash, inflationary pressure and much more.    Key Takeaways: Jason's editorial 6:43 The US real estate is still better than the Euro real estate for income investing.  17:46 Jason answers a listener question from Pam.  Gary Carmell interview 21:11 Jason introduces Gary Carmell 23:36 What is the philosophical investor?  31:26 Jason breaks down the real estate market into three types: linear, cyclical, and hybrid.  39:46 Why does the typical institutional investor always go for the class A properties?  51:56 There isn't a lot of demand right now for burrowing money.  54:26 How does Gary feel about deflation?    Mentioned In This Episode: http://www.cwscapital.com/who_we_are/carmell.aspx https://www.garycarmell.com/   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

Jason Hartman discusses various topics related to the real estate market and mortgage debt service payments. He emphasizes the importance of taking a broader and longer-term perspective when evaluating economic and real estate trends. He highlights that while some might focus on recent increases in mortgage debt service payments as a percentage of disposable income, the current burden is still much lower than in previous years, indicating a favorable situation. He addresses Fannie Mae's recent profits and forecasts, noting that despite concerns about a potential recession, the housing market remains resilient. He highlights Fannie Mae's strong credit characteristics for mortgages, with a weighted average mark to market loan-to-value of 51%, indicating significant equity in properties. He also mentions the decreasing serious delinquency rate, showcasing the overall health of the mortgage market. Jason promotes a balanced perspective and urges viewers to avoid falling for sensationalist headlines. The content provides insights into the current state of the real estate market and mortgage industry, encouraging viewers to consider historical context and broader trends when assessing the market's outlook. Then in an interview done by Dean Rogers, Jason talks about how one can benefit from inflation and his trademark strategy "Inflation Induced Debt Destruction," inviting people to invest in the most "tax-favored asset class in America today": income property!  #RealEstate #MortgageMarket #HousingTrends #LongTermPerspective Key Takeaways: Jason's editorial 1:33 Share your comments on the different platform especially Spotify! 2:54 Homeowners are experiencing the lowest interest rates- ever 3:46 Mortgage Debt Service Payments  7:16 Back up and look at the BIG picture 10:15 Fannie Mae's $5 Billion Profit in Q2, but still expects a recession Dean Rogers interviews Jason 14:41 Introductions, Malthus and the Crash Bros 18:23 The business plan of governments and central banks 20:59 Inflation Induced Debt Destruction 24:30 Income-Investment strength vs. Inflation 26:14 Reduced Supply: Few Sellers 30:10 Number of mortgages by interest rate   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com    

In this Real Estate News Brief for the week ending August 5th, 2023... the government's debt rating get a downgrade, typical mortgage payment rises, and wind risk data is now available on a popular listing website.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Economic News   We begin with economic news from this past week that features a downgrade on U.S. government debt. The Fitch credit rating agency lowered the U.S. government's debt rating one notch, from AAA to AA+ saying the downgrade reflects “expected fiscal deterioration” that includes a rising amount of government debt and repeated problems with “governance” because of all the debt-ceiling battles in Congress.   The government still has a triple-A rating from Moody's but now has “two” AA+ ratings. The S&P had downgraded U.S. government debt to a AA+ rating 12 years ago, in 2011.   As for what kind of debt we can expect in the future, a strategist at Bank of America says U.S. government debt will rise $5.2 billion every single day for the next decade. At that pace, U.S. debt will outpace U.S. economic growth. The Congressional Budget Office is estimating that debt held by the public will reach 118.9% of the GDP by 2033. That's up from 98.2% this year.   Although the downgrade triggered a stock market selloff, Warren Buffett isn't too worried. He said: “There are some things people shouldn't worry about, and this is one of them.” Buffett told CNBC that the downgrade won't impact Berkshire Hathaway's Treasury-buying plans. The conglomerate has been buying about $10 billion a week in Treasurys, for at least three weeks in a row.   Fitch also issued credit downgrades for Fannie Mae and Freddie Mac because higher interest rates have not resulted in lower home prices. Freddie Mac's chief economist, Sam Khater, said in a statement: “Despite higher rates and lower purchase demand, home prices have increased due to very low unsold inventory.”   Officials at the Federal Reserve are sounding more confident that the U.S. might return to the 2% level of inflation without a recession. Minneapolis Fed President Neel Kashkari said in an interview: “Right now, the base-case scenario seems to be that we'll have a slowing economy, but that we would avoid a recession. And I hope that it's true.” Chicago Fed President Austan Goolsbee also believes the central bank can achieve a “soft landing” which he said would be a “historic triumph.” Neither one offered any clues on whether we'll need another rate hike in September.   Meanwhile, initial jobless claims did float higher this last week They increased about 6,000 from a five-month low to a total of 227,000 applications. As reported by MarketWatch, the slight increase doesn't point to a rising number of layoffs however. The job market is still strong. Continuing claims were also a bit higher. They were up 21,000 to a total of 1.7 million, but the data indicates that most of the laid-off workers are finding new jobs quickly.   Job listings declined slightly in June. The Labor Department says they decreased from 9.62 million to 9.58 million. There was also a drop in the creation of new positions but wages are still high, and the unemployment rate declined from 3.6% to 3.5%. The data might show a little slack in the job market, but overall, it's still on the tight side.   Money spent on construction was higher in June. The Commerce Department says it rose .5% overall to $1.94 trillion. As for private residential construction, spending for single-family construction was up 2.1% and for multi-family, 1.5%.   Mortgage Rates   Mortgage rates are still hovering around the 7% level. Freddie Mac says the average 30-year fixed-rate mortgage was up 9 basis points to 6.9%. The 15-year was up 14 points to 6.25%.   In other news making headlines…   Typical Monthly Mortgage Payment   The typical monthly mortgage payment is up about 20% from a year ago. That's due to a combination of higher mortgage rates and continually rising home prices. Redfin says the U.S. home sale price is up 3.2% year-over-year and the typical monthly mortgage payment is $2,605.   In a home buying activity report by Redfin the data shows that mortgage purchase applications for the last week of July were down 3%; that a request for home tours on Redfin and other home buying services were down 4% from a month earlier; and that Google searches for home for sales were flat during the same time and down 4% year-over-year.   New Wind Risk Data on Redfin   Redfin also announced the addition of wind risk data on listing pages. With concern growing about the impact of climate change on our environment, homebuyers can now see how individual properties might be vulnerable to wildfires, flooding, intense heat, and high winds.   Redfin uses data from First Street Foundation's Wind Factor, to rate properties on how likely they are to suffer wind damage from hurricanes. It also factors in the risk of it happening over a 30-year span, due to the typical length of a residential mortgage.   That's it for today. Please visit newsforinvestors.com to keep up with all the real estate news, and hit the “Join for Free” button to become a member of RealWealth. You'll get access to all our real estate data on markets that make sense for investors. And please remember to hit the subscribe button for this podcast, and leave a review!   You can also follow me on instagram, and learn how to create financial freedom from my audiobook, Retire Rich with Rentals.   Thanks for listening. I'm Kathy Fettke...   Links:   1 - https://www.marketwatch.com/story/mortgage-rates-rise-as-fitch-downgrades-u-s-government-debt-6d049644   2 -  https://www.marketwatch.com/story/the-u-s-debt-will-rise-by-more-than-5-billion-every-single-day-for-the-next-decade-775ed38d?mod=economy-politics   3 - https://www.marketwatch.com/story/warren-buffett-dismisses-fitch-downgrade-there-are-some-things-you-shouldnt-worry-about-f20a4482   4 - https://www.marketwatch.com/story/kashkari-says-fed-pulling-off-soft-landing-would-be-a-resounding-positive-outcome-77b581d3   5 - https://www.marketwatch.com/story/richmond-feds-barkin-says-inflation-remains-too-high-expects-economy-to-slow-f72776d4?mod=inflation   6 - https://www.marketwatch.com/story/jobless-claims-inch-up-to-227-000-but-show-no-sign-of-rising-layoffs-bd103957?mod=economy-politics   7 - https://www.marketwatch.com/story/job-openings-in-the-u-s-little-changed-at-9-6-million-e2fe3eb9?mod=economy-politics   8 - https://www.marketwatch.com/story/u-s-adds-187-000-jobs-in-july-and-points-to-slowdown-in-hiring-f24ac81f?mod=home-page   9 - https://www.marketwatch.com/story/u-s-construction-spending-rises-in-june-6a4047a4?mod=economic-report   10 - https://www.freddiemac.com/pmms   11 - https://www.redfin.com/news/housing-market-update-monthly-mortgage-payments-near-record-high/   12 - https://www.redfin.com/news/redfin-adds-wind-risk-data-for-u-s-homes/

The Federal government announced a plan to make it easier for builders to get new housing on the market. It's part of the Biden administration's Housing Supply Action Plan. This program, announced on July 27th, would reduce land use and zoning restrictions, increase financing for affordable energy efficient housing, and promote the conversion of under-used commercial space into homes.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Oversized Demand, Limited Supply   The housing crisis is the result of an oversized demand for housing, a limited supply of affordable homes, and a whole lot of rules and regulations that make it difficult to build more homes. Each city and municipality has zoning rules and land use policies that lean toward low-density housing, like single-family detached homes.   The new program will provide $85 million in funding to help communities increase their housing density. For communities that can identify ways to do this, the program will pay grants of as much as $10 million. The money would help create new policies for higher-density zoning, simplify procedures for the planning and development of affordable housing, and reduce things like land use restrictions and parking requirements.   This new HUD funding along with funds from the Inflation Reduction Act and Infrastructure Investment and Jobs Act will also be available for the conversion of office space to homes. Bisnow reported on a study that says as many as 34% of office buildings in 14 North American markets are conversion candidates, but the study also found that developers feel the cost for doing this is prohibitive and that more incentives are needed. There's also an effort to identify federal properties that could be converted.    Plan Calls for Several Far-Reaching Goals   The White House said in the press release that the announcement is a “down payment” on a plan that will “boost supply, lower costs, cut dangerous climate pollution, promote homeownership, protect renters, and promote fair housing.” As the president of the National Multifamily Housing Council, Sharon Wilson Geno, commented: “Policies that actually move the needle and expand housing supply are the only real way we are going to lower the cost of housing and broaden housing availability.”   The housing program is a multi-pronged action plan that also involves:   1 - The Department of Transportation to help with transportation and access issues as part of a previously announced “Reconnecting Communities and Neighborhoods” program. 2 - The Economic Development Administration to steer the grantmaking process toward efficient land use that includes housing density and access to commercial, economic, and employment opportunities. 3 - The Environmental Protection Agency to mobilize private capital and financing for clean energy projects and retrofits. There are several departments involved with various clean energy efforts related to housing. 4 - The Federal Housing Administration to make it easier to finance the building and rehabilitating of apartment buildings.    The FHA is also making it easier for homeowners to get financing for accessory dwelling units. One of the big policy changes is the ability to use expected rental income from an ADU to qualify for the purchase or the refinancing of a home.    White House Plan to Protect Tenants   There are also new efforts to protect renters. About 35% of the U.S. population live in rental housing. That's about 44 million people. Many faced eviction after pandemic moratoriums were eliminated. Bisnow says that in some cities, eviction filings surged by 50% this last summer. But to keep things in perspective, the eviction rate was close to zero during the pandemic, so a 50% increase may not be a huge amount. Landlords also need to collect rent to remain in business.    In regards to the White House effort to protect tenants, the plan is to:   1 - Ensure fair tenant screening practices which involve guidelines for landlords and landlord-tenant communication on why tenants were rejected.  2 - Provide new funding to support tenant outreach and education. This will help tenants who are part of HUD's rental assistance program. 3 - Ensure that public housing tenants are given at least a 30-day eviction notice.   Zillow is also contributing to the White House plan. The real estate website says it will provide a Cost of Renting Summary that will give users a better idea of the total amount they will have to pay for a rental property. That includes disclosures on unexpected or “sneaky” fees that are often a surprise to renters. It said in a news release: “Zillow is proud to partner with the White House in an effort to turn on the lights for renters by surfacing these fees and offering solutions to help renters save money.”   That's it for today. If you want to learn more about how you can use real estate to build wealth, hit the join for free button on our website. And please remember to hit the subscribe button, and leave a review!   Thanks for listening. I'm Kathy Fettke.   Links:   1 - https://www.bisnow.com/national/news/affordable-housing/biden-administration-rolls-out-plan-to-cut-zoning-and-land-use-red-tape-120000   2 - https://www.whitehouse.gov/briefing-room/statements-releases/2023/07/27/biden-harris-administration-announces-actions-to-lower-housing-costs-and-boost-supply/   3 - https://www.whitehouse.gov/briefing-room/statements-releases/2023/01/25/fact-sheet-biden-harris-administration-announces-new-actions-to-protect-renters-and-promote-rental-affordability/   4 - https://www.zillowgroup.com/news/a-rental-market-that-works-for-everyone/

Jason is in Salt Lake City, Utah, hosting The Collective Mastermind gathering with Ken McElroy and George Gammon. He gives us a short outlook on millennial and unemployment myths versus the housing market and its current shortage and why it is really good for income property investors! Then Jason welcomes Tobias Peter of American Enterprise Institute back to the show! Tobias and Jason discuss the challenges faced by the housing market due to low interest rates and the lack of supply of homes on the market. They argue that the market is in an unhealthy state due to the low supply and high demand, with buyers and sellers struggling to meet their needs due to a lack of inventory. Tobias suggests that the current supply-demand relationship is unhealthy and buyers should consider breaking back into the market if they want to avoid a market crash. The lack of housing supply is due to government policies like single-family detached zoning and environmental regulations, which have made it harder to build and find land to build. The current housing market has been under-building for 40-50 years. Tobias and Jason agree on the need to relax building standards and allow builders to build cheaper properties to provide affordable housing for low-income families. They also mention the benefits of equity accumulation for wealthy individuals and compare the bond market to the mortgage market, as higher interest rates make existing mortgages more valuable. #HousingMarketInsights #EconomicOutlook Key Takeaways: Jason's editorial 1:28 Welcome to Salt Lake City, Utah 2:08 Busting the Millennial myth 3:37 Pure optimism from a home builder; not much competition from the resale market 4:31 Myth about the unemployment effect on housing supply 6:45 Unemployment insurance and mortgages Tobias Peter interview 8:47 Welcome Tobias Peter of the American Enterprise Institute 9:29 A generally bullish outlook on the economy as YOY Home Price Appreciation (HPA) accelerates 11:56 The housing Supply-Demand Relationship and issues that affect the market 20:07 Policies that seek to do away with foreclosures and institutionalize forbearance 21:33 Fannie Mae and Freddie Mac loans 23:36 Year On Year HPA by Metro- 60 Largest: Linear vs. Cyclical Markets 25:24 Evidence of permanent mortgage rate buydowns by the largest builders 28:27 Modern Finance Theory (MFT) 32:03 Allow builders to build 37:43 California's homeless problem 41:23 The future is inflationary- a bullish view on the economy   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

This Flashback Friday is from episode 535 published last June 29, 2015. Mark Fleming is the Chief Economist for First American Financial Corporation. He has been a trusted voice with over 20 years of experience in the mortgage and property information business. Mark talks on the housing collapse, where the housing market is today, and why you should pay attention to the Millennial and Baby Boomer market.     Key Takeaways: Jason's editorial 6:23 Jason does the math on a high-end property in a cyclical market versus a lower-priced property in a linear market.  12:26 Owning five diversified properties is much better than owning one expensive property.   18:11 If you want to be green, be a cash flow investor. Mark Fleming Interview 20:31 Jason introduces Mark Fleming.  23:51 Before the recession, there was a lot of incentive to flip homes as oppose to buying a home to live in.  26:26 Texas, the Dakotas, and Oklahoma are considered the energy states and currently have a good real estate market.  29:01 Mark talks judicial versus nonjudicial foreclosures.  36:56 Pay attention to where Millennials want to live and where Baby Boomers want to retire.  45:26 Mark believes Millennials might marry later, but they will still have a high marriage rate.  48:16 We may see a major shift in housing when Millennials are in their mid 30s.  51:46 What should the home-ownership rate be? Mark believes 65% is the magic number.    Mentioned: http://www.firstam.com/ �