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The Rust Belt is heating up while the Sun Belt cools down. In today's episode, we break down Redfin's latest metro-level housing market rankings, revealing that cities like Milwaukee, Chicago, and Philadelphia are outperforming the national market with rising sales and prices. Meanwhile, boomtowns like Las Vegas, Sacramento, and Miami are slowing fast as inventory surges and buyers gain leverage. Learn more about your ad choices. Visit megaphone.fm/adchoices
Redfin's Chief Economist, Daryl Fairweather, joins the TLO crew and explains why record-low mobility, rate lock, and rent spikes are reshaping careers—and whether policy or rate cuts can unstick America's job market. Read Daryl's new book: Hate the Game: Economic Cheat Codes for Life, Love, and Work Hosts: Matt Sunbulli https://www.linkedin.com/in/sunbulli/ https://www.firstdraft.vc Aaron Calafato Listen to Aaron's 7 Minute Stories Podcast Leah Ova Follow Leah on TikTok Editorial: Brooks Borden Matt Sunbulli Ken Wendt Senior Audio Engineer: Ken Wendt Research: Zaid Safe Matt Sunbulli Aaron Calafato
Part two of this special series dives into three critical pieces of the 2025 housing market shift: home sales, inventory, and affordability. David Sidoni breaks down the numbers, explains why headlines can be misleading, and shows how today's changes open up new opportunities for first-time buyers.The 2025 housing market is in the middle of a transformation unlike anything seen in decades. In part two of this three-part series, David Sidoni unpacks the latest on home sales, shifting inventory, and affordability. He shares how existing home sales have dropped to just over 4 million in recent years, but new data and falling mortgage rates are signaling a move back toward healthier levels. Headlines might scream contradictions — sluggish sales one day, rising applications the next — but that's exactly why staying educated matters. Inventory is building, builders are offering incentives, and affordability is showing signs of life. For first-time buyers, understanding these shifts is the key to beating the rush and securing a home before competition heats back up.Quote: “If you take advantage of this shift now, you can beat the bum rush of a bazillion other buyers.”Highlights:Existing home sales data from 2019–2025 and what it means for first-time buyersWhy headlines about sales and applications seem contradictoryThe role of new construction and builder incentives in boosting supplyHow declining mortgage rates are already improving affordabilityActionable insights on how to prepare for the next market phaseReferenced Episodes:Part 1 of this 2025 Crucial Housing Market Shift series (home prices & mortgage rates)355 - Real Answers Pt 4: Should I Rent or Buy in 2025?Sources:Zillow, Redfin, Goldman Sachs, Housing Wire, Ris Media, US News, Bloomberg, The National Association of REALTORS®, Realtor.com, Homes.com, Zelman & Associates, Brian Buffini and other housing economists, The Mortgage Bankers Association, U.S. Census Bureau, Fannie Mae, Freddie Mac, financial Samurai, Moody's, Inman, US News, Apollo Global, Wells Fargo, and the National Association of Home Builders.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us! This is one part of a 3 part series highlighting the most significant housing market shift since this podcast began in 2019. Check out the podcast library for the full series for a complete update.
Redfin reports national home sales are slowing to the lowest summer pace in a decade — but is that really what's happening locally? In this video, we break down the real estate data for the Greater Philadelphia area and show you why local trends often tell a completely different story.
AI tools offer a quick estimate, but they can't factor in your home's unique features. If you're thinking about selling your home this year, you've probably checked its value using tools like Zillow or Redfin. These apps promise quick estimates based on data and algorithms, and they're getting better every year. But here's the big question: can you really trust AI to price your most valuable asset accurately? Before you list your home with an AI price estimate, you need to hear this: I recently worked with a client just outside of town who was ready to sell their four-bedroom home in a competitive market and decided to use an AI tool for a pricing estimate. AI pulled data from recent sales nearby, adjusted for square footage, and looked at market trends. It estimated their home's value at $620,000. However, it missed some key features: a $70,000 kitchen renovation with high-end appliances, a full smart-home upgrade, and a prime location on a quiet cul-de-sac with greenbelt views. None of these factors was reflected in the AI estimate. After I walked through the property and analyzed local buyer demand, we listed the home at $685,000 and received multiple offers within days. That's a $65,000 difference between the AI estimate and the actual market value. So, let's break down what these tools do well, where they fall short, and how to ensure your pricing strategy helps you avoid losing out on thousands. What AI does well in home valuation. AI tools have come a long way by 2025. They pull in tons of data from public records, MLS sales, and even tax info to give you a quick estimate of your home's value. If you're in a neighborhood with cookie-cutter houses, like a suburban subdivision where every home's got a similar vibe, these tools can be pretty spot-on. They're awesome for getting a ballpark figure without picking up the phone to call an agent. Plus, they're always learning, tweaking their numbers based on stuff like interest rates and market trends. It's fast, it's easy, and it's a solid starting point. “AI can crunch data in seconds, but it can't walk through your house.” Where AI misses the mark. Despite their strengths, AI tools have notable blind spots. They can't physically tour your home to assess unique upgrades, like a $40,000 basement turned home theater or breathtaking mountain views. It also struggles in markets with diverse or limited sales data, like older neighborhoods, custom builds, or rural spots. In fast-changing markets, AI often lags, relying on past sales rather than current buyer behavior. A 2025 survey of real estate pros found that 87% think AI undervalues homes with unique features or upgrades, which could mean fewer buyers or lowball offers for you. AI valuations can influence buyer expectations. AI-driven estimates don't just affect sellers; they affect homebuyers, too. If Zillow or Redfin says your home's value is less than your asking price, buyers may assume your home is overpriced, even if your price is spot-on. This kind of mismatch can lead to fewer showings, lower offers, or unnecessary negotiations. Setting clear expectations through strategic pricing and marketing is essential to counteract these effects and keep your sales on track. Why local real estate agents still rule. AI's only as good as the data it has, and that data isn't always up to speed. A new development down the road or a big community project boosting your neighborhood's appeal? AI might not know about it yet, but a local agent does. We're out there seeing what's selling, what's sitting, and what buyers are buzzing about at open houses. That kind of real-time, boots-on-the-ground insight gives human expertise an edge that no algorithm can match. What's the best strategy to get your home's true value? Simply put, just use both AI and ask for help from a local expert. Having a local real estate agent help you with your pricing will be one of your best decisions if you want to get more for your home. AI is a great starting point, but it shouldn't be your only pricing tool. Top agents combine data-driven tools with real-time feedback and local knowledge. We use AI for broad trends and human experience for the details that actually drive offers. Remember: Getting the price right isn't just about numbers, it's about understanding what makes your home stand out today. If you're planning to sell this year, don't let a computer decide your asking price. Feel free to reach out to me by phone or email, and I'll show you how much your home is really worth and how to get the offers you deserve.
For the first time in over a decade, real change is reshaping the housing market. Prices, inventory, and affordability are shifting in ways that could finally give first-time buyers a new opportunity.In this episode, David Sidoni delivers a data-packed breakdown of the biggest housing market change in 17 years. After years of historically low inventory, rising prices, and brutal bidding wars, 2025 is bringing something different: falling prices in many metros, improving affordability, and a rare increase in available homes.David explains why this isn't a crash, but a shift toward semi-normal conditions — and how you can use this to your advantage. With most experts predicting 2–4% appreciation in 2025, smart buyers who act early can secure homes before the public catches on.This is part one of a three-part market update series designed to help you build a winning 2025–2026 strategy.Quote“For the first time in 17 years, inventory is actually improving — and that changes everything.”HighlightsWhy home prices are actually falling in many metros.The surprising percentage of listings with price cuts this summer.How builders are slashing prices and narrowing the gap with resale homes.What most experts really predict for home values in 2025.How first-time buyers can take advantage of this rare shift.Sources: Zillow, Redfin, Goldman Sachs, Housing Wire, Ris Media, US News, Bloomberg, The National Association of REALTORS®, Realtor.com, Homes.com, Zelman & Associates, Brian Buffini and other housing economists, The Mortgage Bankers Association, U.S. Census Bureau, Fannie Mae, Freddie Mac, financial Samurai, Moody's, Inman, US News, Apollo Global, Wells Fargo, and the National Association of Home Builders.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!This is one part of a 3 part series highlighting the most significant housing market shift since this podcast began in 2019. Check out the podcast library for the full series for a complete update.
Many home sellers are still sitting on strong equity, but that's not the case everywhere. A new Redfin analysis reveals nearly 6% of homes listed in May were at risk of selling at a loss—up from 4.4% last year. The risk climbs sharply for condos and homes bought after the pandemic, especially in markets like San Francisco and Austin. Nationwide, nearly one in three condos purchased post-2022 could sell below their original price. While losses remain rare compared to the aftermath of the Great Recession, today's buyers are gaining more leverage as sellers face pressure to adjust. Learn more about your ad choices. Visit megaphone.fm/adchoices
The housing market showed signs of life in July, with existing home sales increasing by 2% from the previous month. It's offering a bit of momentum to a market that’s been struggling. Geoff Bennett discussed the numbers with Daryl Fairweather, chief economist for the real estate company Redfin. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
Home sales are falling apart at record levels. Roughly 58,000 purchase agreements were canceled in July, equal to 15.3% of all pending deals—the highest July rate since Redfin began tracking in 2017. Cancellations were most common in Texas and Florida, where abundant new construction, high insurance costs, and buyer uncertainty are giving would-be homeowners second thoughts. In San Antonio, nearly a quarter of all contracts fell through. Learn more about your ad choices. Visit megaphone.fm/adchoices
New this morning: CNBC's Sara Eisen details a letter written by the DOJ's Ed Martin, to Fed Chair Powell, suggesting the DOJ will investigate allegations of mortgage fraud against Fed Governor Lisa Cook. Then existing home sales jump 2% in July, defying expectations for a modest slump. The CEO of Redfin has more on what that means for buyer and sellers. Plus, President Trump urging pharmaceutical companies to produce drugs in the united states, or face a tariff. Now a new plant, five years in the making, appears to be opening at the perfect time. We take you inside the facility.
In this episode of the Real Estate Education Podcast, Erin Spradlin and James Carlson start with a deep dive into "canon events"—those formative moments that shape us—before tackling two controversial takes: why skipping deposits in midterm rentals is dangerous, and why young buyers using family money isn't something to be ashamed of. They get real about wealth transparency, the evolution of rental platforms, and why some trends in real estate are worth pushing back against.
In this conversation, Dr. Daryl Fairweather, chief economist at Redfin, discusses her book “Hate the Game,” that frames life and career decisions as strategic games. She emphasizes the importance of understanding economic principles to navigate personal and professional challenges, negotiate effectively, and reclaim agency in various aspects of life. Fairweather shares insights on overcoming barriers related to race and gender, the impact of information asymmetry, and the significance of designing one's own path in a competitive environment. The conversation highlights the necessity of introspection, strategic thinking, and the ability to adapt in a world that often feels rigged against certain individuals.Takeaways Life can be viewed as a game where strategic decisions matter. Negotiation requires awareness of both your and your employer's options. Workplace bullying can be addressed with strategic approaches. Information asymmetry can hinder career advancement; awareness is key. Barriers in academia can be overcome with strategy and support. Race and gender dynamics play a significant role in economic opportunities. Balancing strategic thinking with empathy is crucial for long-term success. You can still achieve your goals despite systemic unfairness.Chapters 00:00 Introduction to Economic Principles 03:57 Understanding Economic Cheat Codes 07:08 Navigating Career Options and Negotiations 09:39 Dealing with Workplace Dynamics 11:33 Information Asymmetry in Decision Making 14:02 Designing Your Own Game 15:06 Identity and Power in Economics 17:21 Overcoming Barriers in Economics 25:51 The Impact of Housing on Economic Understanding 30:38 Applying Economic Theory to Relationships 33:02 Winning in a Rigged Game 34:01 Life as a Game: Making Informed DecisionsFollow Daryl on Twitter, BlueSky, Instagram, LinkedIn and on her Website Subscribe to Breaking Math wherever you get your podcasts.Follow Breaking Math on Twitter, Instagram, LinkedIn, Website, YouTube, TikTokFollow Autumn on Twitter BlueSky, TikTok, and InstagramBecome a guest hereemail: breakingmathpodcast@gmail.com
Perception vs Reality in Real Estate
The U.S. housing market just hit its slowest pace in a decade, according to Redfin. Prices remain near record highs while mortgage rates and limited inventory are keeping buyers away. Families across the country are feeling the strain. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices
In this timely episode of Rethink Real Estate, host Ben Brady is joined by Mr. Tech himself—Tony Self, Broker Associate at Harcourts Hunter Mason Realty—to unpack the seismic shifts happening across real estate portals. With Rocket Mortgage acquiring Redfin, Zillow clashing with Compass, and Homes.com pouring billions into growth, the battle for consumer attention (and agent relevance) has never been louder.Tony brings a unique lens from his corporate background, having previously consulted for CoStar and other major players who once explored replacing real estate agents with technology. He shares why those efforts ultimately failed, how today's platforms are repositioning themselves, and what agents must understand about syndication, lead flow, and platform control to stay competitive.From Redfin's vertically integrated model with Rocket, to Compass's private listing network, to Zillow's war over MLS syndication rights, Ben and Tony break down the implications for everyday agents. They also discuss why Homes.com is attempting to replicate Australia's seller-paid marketing culture, and why it may (or may not) work in the U.S. residential landscape.Whether you're skeptical of portals or fully reliant on them for lead generation, this episode will give you clarity on the current battles, the hidden agendas, and the practical steps agents need to take to stay ahead in a marketplace being reshaped by tech, banks, and billion-dollar acquisitions.Timestamps & Key Topics[00:00:00] – Why Portals Are Dominating the Headlines in Real Estate[00:01:23] – Rocket Mortgage Acquires Redfin: What It Really Means[00:04:20] – Can Banks Finally Break Into Real Estate?[00:06:26] – Zillow vs. Compass: The Syndication Feud Explained[00:10:06] – Homes.com's Billion-Dollar Play & the “Australian Model”[00:13:25] – Why Agents Still Can't Be Replaced by Technology[00:17:42] – The Future of Portals, Brokerages, and Agent Relevance
Multifamily construction is slowing after the pandemic building boom—and it could shift the rental market back in landlords' favor. In this episode, we break down Redfin's latest analysis showing a 23% drop in permits nationwide, the metros still leading in new apartment construction, and the regions seeing the steepest declines. From Sun Belt hotspots like North Port and Austin to West Coast slowdowns in Stockton and San Jose, we'll explore what's driving the shift, how it's impacting rents, and where investors should be watching next. Read the Redfin report here: https://www.redfin.com/news/multifamily-building-permits-august-2025/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Buyer's agent commissions are climbing again—back to pre-settlement levels after a year of steady gains. In this episode, we break down Redfin's latest data showing the national average rising to 2.43% in Q2, with increases across every price tier. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Rust Belt is heating up while the Sun Belt cools down. In today's episode, we break down Redfin's latest metro-level housing market rankings, revealing that cities like Milwaukee, Chicago, and Philadelphia are outperforming the national market with rising sales and prices. Meanwhile, boomtowns like Las Vegas, Sacramento, and Miami are slowing fast as inventory surges and buyers gain leverage. Learn more about your ad choices. Visit megaphone.fm/adchoices
David Selinger (aka “Selly”) is the founder and CEO of Deep Sentinel, a security company blending AI with live human monitoring to stop crime in real time. From Amazon to Redfin to AI security, Dave Selinger has built a real-time protection system now scaling fast with $15M in Series B funding from top investors.In this episode, Selly breaks down how Deep Sentinel works—from crime prediction models and real-time police calls to training AI to spot danger before it happens. He explains how the company went from idea to reality, how it stacks up against traditional alarms, and why his military mentors shaped his leadership style.This isn't just about cameras. It's about making AI useful, delivering outcomes that matter, and building a team with zero tolerance for compromise. You'll also hear Selly's thoughts on parenting, college, career detours, and how early obsessions with tech led him from Stanford to Jeff Bezos's office to the front lines of crime prevention.Main Topics• How Deep Sentinel stops crime before it happens using AI and live guards• Why traditional alarm systems fail — and what real security should look like• Lessons from military mentors on leadership, discipline, and zero compromise• The challenge of scaling real-time protection for homes and businesses• How Selly's early work at Amazon (with Jeff Bezos) and Redfin shaped his tech mindset• Raising kids with curiosity, independence, and meaningful support• Why the future of security depends on speed, customization, and trustChapters with Timestamps:[00:00:00] Introduction and Initial Scenario[00:00:42] Podcasting and Audience Engagement[00:02:06] AI and Podcasting Insights[00:03:17] Real-Life Security Challenges[00:03:58] Deep Sentinel's Unique Approach[00:04:49] Customer Experiences and Success Stories[00:11:34] Public-Private Partnerships in Security[00:15:52] Advanced Security Solutions and AI Integration[00:27:45] Exploring Security Challenges and Solutions[00:29:27] Military Influence and No Compromise Mentality[00:33:35] Childhood Passions and Career Pathways[00:36:02] Parental Support and Personal Growth[00:41:43] College Education and Career Advice[00:48:14] Amazon Experience and Innovations[00:54:23] Founding Redfin and Its Impact[00:56:29] Deep Sentinel's Growth and FutureDeep SentinelWebsiteLinkedInYouTubeSeries B FundingRelated Episodes:Ankit Somani | From Google to Conifer: Rare-Earth-Free Motors, $20M Seed, and Rethinking CollegeHow AI Is Changing College Counseling and Admissions with Senan Khawaja, CEO of KollegioAI Content Detection & Digital Ethics with Madeleine LambertEntrepreneur Perspectives is produced by QuietLoud Studios — a modern media network and a KazSource brand.Get in touch with Eric Kasimov:XLinkedInCredits:Music by Jess & Ricky: SoundCloud
In this August 4th, 2025 episode of "The People Not Titles Podcast," hosts Steve Kaempf and Matt Lombardi discuss major real estate news, including Compass's record-breaking growth, Rocket Companies' acquisition of Redfin, and CoStar's lawsuit against Zillow. They highlight new VA home loan reforms benefiting veterans, market trends toward affordable housing, and the latest in home sales data. The episode also features updates from their sponsor, Land Trust Title Services, and teases upcoming interviews. The hosts provide insights on industry shifts, legal battles, and opportunities for both agents and consumers in a changing market.Podcast Introduction (00:00:00)Federal Reserve Keeps Rates Unchanged (00:01:02) Tariffs and Economic Uncertainty (00:02:06) Speculation on September Rate Cut (00:03:38) Fed Rates and Mortgage Rates Explained (00:04:06) Long-Term Housing Shortage (00:05:10)Jobs Report and Revisions (00:06:36)Trump's Response to Jobs Data (00:07:42)Unemployment Rate and Fed Implications (00:08:14) Where the Job Gains Are (00:08:49)Federal Government Shrinks (00:09:10) Average Hourly Earnings and Participation Rate (00:11:03) Long-Term Unemployment and AI Impact (00:11:45) NAR Legal Victories (00:13:26) NAR's Comeback and Market Position (00:15:06)Market Reports: Buyer Caution and Economic Uncertainty (00:17:02) Changing Homebuyer Behavior and Market Drivers (00:18:39) Vacation Homes Decline (00:20:16) Homebuilders Focus on Affordability (00:20:56)Compass Reports Record Quarter (00:23:00) Compass Agent Impact and Growth (00:24:16) Rocket Acquires Redfin and Launches New Program (00:26:57) Zillow Sued by CoStar Over Photos (00:28:39) VA Home Loan Program Reform Act (H.R. 1815) (00:30:44) No Illinois/Chicago Market Stats Yet (00:32:38) Land Trust Title Services and Podcast Updates (00:32:57) Podcast Closing (00:34:06) Full episodes available at www.peoplenottitles.comPeople, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues.Our Success Series covers principles of success to help your thrive!www.peoplenottitles.comIG - https://www.instagram.com/peoplenotti...FB - https://www.facebook.com/peoplenottitlesTwitter - https://twitter.com/sjkaempfSpotify - https://open.spotify.com/show/1uu5kTv...
Mortgage rates just hit a 10-month low, giving buyers a brief window to increase their purchasing power—but that opportunity may not last. Meanwhile, in Washington, D.C., inventory is rising fast as former federal workers list their homes amid job cuts and economic uncertainty. In today's episode, we break down the latest housing data from Redfin, including how much more home buyers can now afford, where D.C. prices are falling, and why the clock might be ticking for anyone hoping to negotiate a deal. Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode Overview In this episode, John Kitchens sits down with powerhouse agent and bourbon enthusiast Stacey Lambright to explore how passion, community, and storytelling can unlock explosive real estate growth. Stacy shares the incredible journey of how a random bourbon closing gift spiraled into a full-blown niche, leading to a deeper community presence, charity impact, a YouTube show (Bourbon and Builds), and her best year in real estate yet. They unpack the power of relationships, how to turn a niche into a lead-generating machine, and why understanding lifetime value is the key to long-term growth. This episode is a must-listen for agents ready to go deeper, not wider, and who want to build a brand around what they love. Key Topics Covered Turning Passion Into Profit How a single bourbon gift led to a thriving real estate niche What makes the bourbon community a surprisingly rich sphere for real estate Using your interests to build trust, credibility, and lasting relationships Niching Down Without Limiting Growth Why “riches in the niches” starts with genuine enthusiasm, not strategy How to become the go-to agent in your passion-based community Blending lifestyle, content, and relationships for organic client growth Building a Brand with Bourbon & Builds Behind the scenes of Stacy's Bourbon and Builds YouTube series Connecting custom home builders with distillery storytelling How a builder + bourbon interview format bridges multiple audiences Relationship Marketing Done Right Why database management is still the holy grail of growth How one low-commission, 2%-fee deal turned into $1.5M in volume The importance of staying top of mind through social, events, and follow-up Leveraging Lead Sources Without Burnout Why Stacy said yes to every lead—no matter how small or far The 3-year snowball effect that turned Redfin and OpCity deals into a pipeline How to think beyond the referral fee and prioritize lifetime value Surviving Market Shifts Like a Pro Lessons learned from riding the market from 1997 to now How to educate sellers with real-time, hyper-local data Pricing strategies that work in today's evolving inventory landscape Elevating Listing Prep & Vendor Networks Getting sellers aligned with market expectations before going live Building a vetted contractor network for deferred maintenance and prep Creating win-win solutions with staging, painting, and fix-before-you-list services Resources & Tools Mentioned Bourbon and Builds YouTube Series → Subscribe Here EXP Lead Programs: Redfin, OpCity, Veterans United National Women's Bourbon Council (Ohio Chapter) Custom CRM tips for long-term database nurture Charity Partnership: Leukemia & Lymphoma Society ($51K raised!) “Passion builds trust. When you show up consistently in a community you love, the business follows.” – John Kitchens Connect with Us: Instagram: @johnkitchenscoach LinkedIn: @johnkitchenscoach Facebook: @johnkitchenscoach If you enjoyed this episode, be sure to subscribe and leave a review. Stay tuned for more insights and strategies from the top minds. See you next time!
Starter-home sales just hit a two-year high, rising 3.9% in June—even as sales in every other price tier declined. In this episode, we unpack Redfin's latest report on why entry-level homes are suddenly in demand, which metros are leading the charge, and what this trend means for buyers, sellers, and investors navigating today's high-rate housing market. Learn more about your ad choices. Visit megaphone.fm/adchoices
Rocket Companies (RKT) stock is on the move higher after its latest earnings report. The company closed recent M&A activity with Mr. Cooper and RedFin, as it solidifies its place in the mortgage lending space. George Tsilis joins Jenny Horne and Alex Coffey to examine the recent uptrend taking place in RKT shares.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
The U.S. housing market continues to show signs of strain. June data from the National Association of Realtors reveals a 2.7% drop in home sales — even as prices hit a record average of over $435,000. But a Redfin report shows cities like Tampa, Austin, and Washington, D.C. are seeing local declines. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices
This week on tWiRE, dive into real estate's hottest stories and critical market shifts! Controversy erupts as a Chicago homeowner claims his $200K listing appeared without consent—who's accountable? Zillow fires back at Compass, labeling their innovative 3-phase listing strategy a "hidden scheme." NAR launches a powerful new market stats dashboard exclusively for members, tracking affordability and trends in real-time. Meanwhile, a Redfin journalist shares painful lessons learned after losing $25K on his home sale, and Opendoor finds itself in the spotlight again—but it's not about selling homes. Plus, reality star Tyler Cameron jumps into real estate with SERHANT—who else from TV is switching careers? In market news, June home sales slump as prices hit another all-time high, and home prices dip slightly across major metros, notably Washington, Austin, and San Diego. Mortgage demand stalls with rates at a 4-week high, while new home listings drop to their lowest in nearly two years. Finally, some relief: sellers are adjusting prices downward, easing monthly mortgage burdens, and institutional landlords face surprising new competition. Stay informed, stay ahead—subscribe and turn on notifications for weekly insights!
Dave Selinger is the CEO of Deep Sentinel, an AI-powered video surveillance system. They have raised $38M in funding from Intel Capital, Shasta Ventures, and others. Prior to this, he was the cofounder and CTO of Redfin. And he was also the cofounder of RichRelevance. Dave's favorite books: - The Speed of Trust (Author: Stephen Covey)- Snow Crash (Author: Neal Stephenson)(00:01) – Origin Story: A Near-Miss and the Broken Security Market(04:22) – What Deep Sentinel Does and Why It Works(06:23) – Benefits of Vertical Integration in Security Tech(10:20) – How Deep Sentinel Tackles False Positives with AI(14:06) – Balancing Escalation Risk and Deterrence(17:06) – How Deep Sentinel Processes and Uses Its Data(19:36) – Positioning Deep Sentinel in the Competitive Landscape(21:12) – Go-to-Market Learnings for Hardware-Software Companies(23:39) – Residential vs. Commercial Security: A Comparison(26:41) – Regulation and Public Sentiment Around Security AI(29:03) – Insurance, Security, and Incentive Alignment(31:23) – Company Building and Lessons from 20 Years of Founding(39:26) – The Role of Distillation and LLMs in Deep Sentinel's Future(42:27) – Rapid Fire Round--------Where to find Dave Selinger: LinkedIn: https://www.linkedin.com/in/selly/--------Where to find Prateek Joshi: Newsletter: https://prateekjoshi.substack.com Website: https://prateekj.com LinkedIn: https://www.linkedin.com/in/prateek-joshi-infinite X: https://x.com/prateekvjoshi
It makes sense that economic principles could be a useful guide in deciding what career to pursue, but what if they're also the key to deciding whether to ask for a promotion, who to marry, or what house to buy? Daryl Fairweather is the chief economist at Redfin and the author of the book, Hate the Game: Economic Cheat Codes for Life, Love, and Work. Through the lens of behavioral economics and game theory, the book provides readers with practical strategies for navigating some of life's biggest decisions. Daryl and Greg discuss how economic principles can be applied to real-life decisions, from careers to family planning, and insights into the housing market's complexities including bidding wars, changes to how buyers' agents are paid, and where the market might be headed. *unSILOed Podcast is produced by University FM.*Episode Quotes:Can exposure to economics change the way people interact?04:31 Economics provides a really useful framework for making decisions. We have utility theory, right? So you just go with the decision that has the higher expected utility. And I do not think many people think about decisions that way. They get caught up in things like sunk cost fallacies or status quo bias. So having that understanding of both economics and the behavioral part—incorporating the psychology into it—I think allows me, and I think a lot of other, hopefully more people who read the book, to feel more confident in the decisions. I think a lot of people know what the right decision is, but they do not really have the confidence to make it because they are not really thinking through it in terms of what will maximize my utility.Don't hate the player, hate the game52:06 Just because the economy is unfair, and it is unfair for a whole host of reasons—it is not all, like, nefarious reasons. Sometimes games have these inherent flaws in them…[52:28] But if you see that you can navigate around it, you do not have to hate yourself for trying to make it in this economy. You can just see the economy for what it is, and its flaws, and still try to excel at it.The housing market needs big interventions29:17: I think we definitely need some, some big interventions in the housing market. We've seen a lot of policy changes in California, which if California alone fixed its housing problems, it would probably fix housing problems for the entire country…[29:40] But California's problems I think are deeper than just zoning. They have Prop 13, which gives a much lower property tax rate to existing homeowners…[29:59] So, I think there's a lot that we could do to make housing better than what it is right now because it is pretty dire.How PhDs undervalue themselves18:41 I think where a lot of PhDs make a mistake is they do not really understand how valuable they are, and they get stuck in the first job that they went to straight out of grad school, not realizing how many other opportunities there are where they could earn just as much money, or maybe even more money, and have even broader opportunities. But they just kind of, like, stay put because they do not see that broader world around them. They are very good at taking PhD students and turning them into professionals, but then they get the benefit that most of those people hang on for a very long time and do not really go and look at what their other opportunities are, because I think if they did, they would see that they would be very valued outside of just consulting.Show Links:Recommended Resources:Steven LevittJohn ListThe Art of WarHal VarianGary BeckerThe Family Firm: A Data-Driven Guide to Better Decision Making in the Early School Years by Emily OsterGuest Profile:Author Profile on RedfinProfessional Profiles on LinkedIn, XGuest Work:Hate the Game: Economic Cheat Codes for Life, Love, and Work
A leading New York real estate CEO, Bess Friedman, tackles the city's complex market, including the controversial "Fair Act" and the shifting landscape of private listings. Discover how legislative decisions, affordability concerns, and changing consumer behavior are reshaping one of the world's most unique property markets. Get an inside perspective on industry challenges and the path forward. Links mentioned in the show: Link to Pentagram https://www.pentagram.com/ Link to episode with Anthony Lamachia https://youtu.be/q0lAXBWN4I4 Connect with Bess on LinkedIn. Learn more about Brown Harris Stevens on - Instagram - Facebook - X - TikTok - YouTube - LinkedIn - Spotify - BHS Blog and online at bhsusa.com. You asked for it. We delivered. Check out our new merch! https://merch.realestateinsidersunfiltered.com/ Follow Real Estate Insiders Unfiltered Podcast on Instagram - YouTube - Facebook - TikTok. Visit us online at realestateinsidersunfiltered.com. Link to Facebook Page: https://www.facebook.com/RealEstateInsidersUnfiltered Link to Instagram Page: https://www.instagram.com/realestateinsiderspod/ Link to YouTube Page: https://www.youtube.com/@RealEstateInsidersUnfiltered Link to TikTok Page: https://www.tiktok.com/@realestateinsiderspod Link to website: https://realestateinsidersunfiltered.com This podcast is produced by Two Brothers Creative. https://twobrotherscreative.com/contact/
Sign up for the book club! https://bit.ly/RASCall Are Buyers Back?! & eXp Fires Back at Compass | Mortgage Rates Drop, Inventory Slips, & Listing Drama Explodes
Register here for the live online event to learn about ‘Unlocking BRRRR Deals in Little Rock on Thursday, July 17th at 8PM Eastern. Keith discusses the competitive nature of short-term rentals (STRs) and the need for hosts to offer luxury amenities to attract guests. Long time investing pro, Alex, joins us to cover the BRRRR strategy in Little Rock, Arkansas, an investor-advantaged market, emphasizing its low property taxes and stable cash flow. They explain the BRRRR process, including: buying, renovating, renting, refinancing, and repeating. The strategy allows investors to scale their portfolios with minimal initial capital, offering a 0% management fee in year one and 4% in year two. Resources: Register here for the live online event to learn about ‘Unlocking BRRRR Deals in Little Rock on Thursday, July 17th at 8PM Eastern. Show Notes: GetRichEducation.com/561 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE I'm your host. Keith Weinhold, anymore when you own short term rentals like Airbnbs and vrbos, you are in an all out arms race competing to provide amenities like never before. Then what happens when you take the popular burr real estate strategy and overlay it with one of the most investor advantaged markets in all of America. It's a lucrative opportunity. You'll see how and why today on get rich education. Keith Weinhold 0:32 Mid south home buyers, I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows, an A plus rating with the Better Business Bureau, and now over 5000 houses renovated their zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis. Get to know mid south enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid southhomebuyers.com Speaker 1 1:58 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 2:14 Welcome to GRE from North Conway, New Hampshire to North port, Florida and across 188 nations worldwide. I'm Keith Weinhold, and this is get rich education, happy July, the second half of the year. And my favorite month of the year is your Airbnb fancy enough, because anymore STRS short term rentals have gotten so competitive that hosts treat their properties like white lotus level hotels. Now, STRS were never passive, but they become even less so it is active income. Once upon a time, Airbnb hosts could just sort of drop a few colorful throw pillows on their fold out couch and make a killing. But no more those days are so far gone. The STR game has changed drastically. I mean, you used to be able to list a basic home with generic furniture that you got at Costco, minimal amenities, no Wi Fi, and still get it booked, but today, it will sit empty unless you offer more than just a place to sleep. You have to build an experience for Airbnb guests. Now, increasingly, hosts are doing things like adding outdoor kitchens, arcade machines, putting greens, even basketball. And now, though these upgrades do cost a lot up front, they can pay off. These amenity types can double your nightly rate, but they come with more responsibility and more to maintain. I mean, more guests are expecting a flawless experience. The trend is that Airbnbs are becoming full scale hospitality operations, and if you don't treat it like one, you're going to fall behind. So simply having a nice house that just no longer cuts it, running a short term rental today is nothing like it was even two or three years ago. You used to be able to stand out with a decent bed and colorful throw prolos, but now guests are basically comparing your place to boutique hotels. Hosts are deeply investing in design, forward furniture, layered lighting and featuring spaces that some market as what they call moments like cozy reading corners in these luxurious bathroom setups, adding things like welcome guides and even complete brand identities with a proper. Name and even a logo and a story to give the place some personality, even writing up a history for your property, even if it's not that historic. Now, these sorts of tactics, they actually do, seem to work. Guests will give you more bookings, better reviews, and guests even share the space on social media like it's somewhat of a lifestyle destination now sometimes STR hosts, they team with these other platforms to add welcome champagne in ice buckets on site, sommeliers, private chefs, daily, housekeeping on demand. 24/7 textable concierges, heated plunge pools and other amenities through you partnering with some of these platforms and these upgrades don't come cheap. The publication called the playbook, they featured an STR in Sag Harbor, New York, where the property owner invested $85,000 into overhauling the landscaping and adding a James Turrell Inspired LED light installation. But overall, these improvements boost rental revenue by an average of 40% over what the property was collecting previously. All right, so this is a case study now, though, this STR trend of offering deep hospitality and luxury amenities has turned into more of a job and less about passive income. You know, really, this is free market capitalism, because this is competition to see who can provide the best service at the lowest price, but that's what it is. So this is making real estate less of a good and more of a service. Short term rentals soaring supply, day rate compression and AI driven pricing tools. That means that the just this all nice house with good photos thing that no longer cuts it. It is an amenities arms race now, and of course, this is a national trend. It doesn't mean that it's happening absolutely everywhere. In some places, hosts are able to charm guests simply with something like a freshly baked loaf of banana bread, but the consensus is whether they spend a little or a lot, Airbnb hosts unanimously say that they've got to work harder in order to keep guests happy. It's become more of a business and less of a side hustle than it used to be. You've got more hosts leaning into higher upfront investments because they know guests will pay for a sort of turnkey, Instagrammable experience. And this really is a classic early adopter issue, just like a lot of things, Airbnb launched in 2007 by the way, so this sort of first wave of Airbnb hosts back around 2012 to 2015 they were riding a blue ocean back then. There was virtually no competition. There weren't any standards, and there were plenty of bookings, and that made a lot of hosts pretty fat and happy. But that's not where we are now, really. The bottom line is that in many markets, short term rentals have transitioned from partial passivity to all out hospitality. That's the Airbnb arms race. The average Airbnb nightly rate for North America. Do you care to venture a guess at the average nightly rate? It is approximately $216 per night, and that right there is up 26% from 2020 so it is not up as much as house prices over that five year period from 2020 really, the Airbnb rate is up about as much as the long term rental rate. Keith Weinhold 8:58 While we're talking numbers a quarter recently ended. Let's hit on our asset class rundown. What's happened to home prices in the past year? Well, when you aggregate all these sources, Zillow, Freddie, Mac case, Shiller, FHFA, in totality, home prices are up 2% single family rents are up 3% apartment rates are down 1% due to their oversupply. The 30 year mortgage rate was 6.9% a year ago, and it's 6.8 now. CPI inflation is 2.4% expressed in year to date terms. Now the SP5 100 is up 5% in the first half of this year, ending near 6200 the dollar is down. That means that it takes more of them to buy gold, which is over $3,300 an ounce, gold is up 27% just from the start of this year, and the oil price is still depressed in the 60s. Per dollar for a barrel, Bitcoin still strong, ending the quarter at 106kthat's your asset class rundown, which we do about quarterly. Keith Weinhold 9:57 Hey, I really enjoyed meetingside. Of you on this year's terrific real estate guys Investor Summit at sea was concluded about a week ago. It was two days on land in Miami, followed by a week of conferences and fun aboard a Caribbean cruise ship. I really got to meet you and get to know you, because we had nine days together, and as one of the faculty members, I hosted a table at dinner every night, and each night the attendees rotated around to my table, so I got to meet a lot of you and really get to know you, and you got to know me. Yeah, it was as interesting for me to meet you in person, perhaps, as it was for you to meet me, because I like to hear what you're doing in real estate, investing, in everything else. I gave a main stage presentation that was almost an hour of all me, all GRE and also served on five different panel discussions. Oh, it's such a unique event. Get this, I was kind of dressed up to give my main stage presentation, which so many of you, by the way, told me afterwards, that that was your favorite presentation of them all, all week long, because each faculty member made a main stage presentation. But what I want to tell you is, just a few hours after I presented, on the cruise ship, I was shirtless in the water throwing a football around at the beach in St Thomas Virgin Islands. What an event. Fantastic to meet a number of you in person. So far today, I hope what I've shared with you has been informative. Next. It's something informative and really actionable that you can make lucrative that's next. I'm Keith Weinhold. You're listening to get rich education. Keith Weinhold 11:45 The same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Caeli Ridge personally, while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com. Russell Gray 12:16 You know what's crazy your bank is getting rich off of you, the average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lock ups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866. Russell Gray 13:30 Hi. This is Russell Gray, co host of real estate guys radio show, and you're listening to get rich education with Keith Weinhold, don't quit your Daydream. You Keith, Keith Weinhold 13:38 welcome back to get rich Education. I'm your host. Keith Weinhold, we're talking to a guest not only about an investor advantaged market, but when you overlay a certain strategy with it, this can be highly lucrative for investor returns, and we're with a long time investing pro Alex, welcome onto the show. Alex Craig 14:04 Hi Keith, thank you. Keith Weinhold 14:05 Well talking about top US cashflowing market, let's get right to it. Tell us about yours. Alex Craig 14:11 Little Rock, Arkansas. It's a market that we've been in since 2012. I personally invest there. I've got about 75 doors of multi family, single family. And the reason why it works is just cash flow. Over the years, we've had investors from around the country that have owned portfolios where maybe they're somewhere in Phoenix or Dallas, where they're kind of speculating. This is not a speculation market, and that's why it works for myself. It's consistent. It's very linear, and linear is a word that we use a lot to describe. And if you're going to be a cash flow investor, and that's why I'm in it, it's you want a linear market. You don't want ups or downs, and then you want to make sure it's a growing market too. And Little Rock checks all the boxes of what you would want in a stable cash flow environment market. Keith Weinhold 14:57 And I think a lot of our investor listeners are. Already pretty keen on that. You get a high ratio of rent income to purchase price. You have laws that heavily favor landlords over tenants. But Alex, in today's environment, people are more conscious about rising operating expenses and higher mortgage expenses, and that's really one advantage that Arkansas can give right now, is with those low property taxes Alex Craig 15:20 Keith,it's so interesting you mentioned that because I did have a conversation with a client of ours that had a property in another market that he had mentioned how his property taxes had gone up and gone up substantially, which that's to expect. I mean, after COVID, there was a lot of markets saw a huge boost, especially with markets that saw hedge funds come in. Hedge Funds, I believe, ruined a lot of markets, raised the prices. And another reason I like Little Rock, it flies under the radar. You think is Little Rock is a small market, but it's really not. It's, I mean, the population of the city is 250,000 but the metro area, which is a 50 mile radius around Little Rock, is much bigger. And the entire, not only the entire market, metro area, feeds off little rock, really, the entire state does too. But that being said, because it's floating under the radar, the property tax have remained low. They've taken a little bit of bump over the years, because the values steadily go up, but they started low anyway. So with operating costs of insurance, insurance has gone up for a lot of for my own properties in other markets, it's going up, and it's going up in Little Rock too. I mean, it's just the name of insurance, but property taxes have remained low. They've always been low, and that's really a big help as to why this market works for us. Keith Weinhold 16:30 Talking about flying under the radar, you're talking about, therefore evading a lot of that hedge fund money. Tell us more about the market and some of those anchors and drivers. Alex Craig 16:40 It's a blue collar town. You've got logistics. Is a market, or is a segment of the industry that has really come on strong over the last few years, Amazon has really put a footprint in the market. Healthcare is a huge, huge market, like I mentioned earlier, not only does the region feed off the direct to the entire state, it's the hub of healthcare for the entire state of Arkansas, of course, it's government. Government provides a lot of jobs. The good thing about government jobs is they're maybe not on a national level anymore, but on a local, state level, they're very it's hard to get let go from a government job, unless now, not on a federal level, but it's very steady, so a lot of steady blue collar jobs, and that's what you want for a strong resident base, especially in the type of properties and 1000 to $1,200 price range, you want those blue collar study growing jobs. Keith Weinhold 17:31 Yes, you do have those there. It's funny. I'm smiling a bit because I used to be a state government employee, and there's just no way that they ever would have fired me. I was so protective I had to quit in order for them to have to replace me at that job. I'm wondering about the new supply that's come on, Alex, because a number of markets have added supply. I know, for example, that Redfin reports that little rock median home price appreciation is up 7.3% year over year, and with the dynamics going on in the market recently, that typically tells us that there hasn't been that much new supply added. Is that what's going on there? Alex Craig 18:11 No, there hasn't been a lot of new supply. I just think with little rock and every other market, the mortgage rates have gone up. Home ownership is down during COVID. It was really hard to get an investment property. For what we did, sending out our list every week. It was basically send out our properties, people hitting send and not even knowing what they were reserving. Rates were just low, right? Everybody's jumping in. It was hard to get inventory. So now what we have is, you know, higher rates that scares some people off. It pushes some people out on the market, but it also creates opportunity. I feel like this is the easiest time I've been investing in real estate since 2007 that was the foreclosure crisis, Great Recession, and it was a lot of foreclosures on the market, and that's how I built a big chunk of my portfolio. But now it's just a matter of there's not as many people in it. So for us, there's just more acquisitions for us to go out and get. There's still distressed homes on the market where individuals don't want to hire a realtor, they just want all cash offers. They're ready to get rid of them, and that's where we step in. And without as much competition like I said, we kind of fly under the radar. I feel it creates more just supply inventory for us and for me as an investor, but also for our clients too Keith Weinhold 19:23 with that in mind, and again, a lot of our audience is already on board, knowing that little rock in Arkansas is a good cash flow market with stable, long term fundamentals, but in order to make it more profitable, you've overlaid it with a certain strategy there in Little Rock. Tell us about that. Alex Craig 19:45 So the BRRRR strategy, yes, it's able to work now because there's not as many buyers in the market. So basically, the way the burrs strategy works is we acquire a property. I'm just going to use very round, simple numbers for simple math makes it easier on me Keith Weinhold 19:58 and we're talking the BRRRR. Strategy that's buy, renovate, rent, refinance, and repeat. Those are the five investor steps. Alex Craig 20:07 correct. And so that's what we do, is we buy. Let's just say the B. Let's take the B, for example, we buy a home, and we buy it for 60,000 where I'm just talking like if I own the home, and then I put $20,000 into the deal. So now I'm all into it for 80,000 and you have to remember, there's some in between, cost of closing costs. I'm just talking just very general strategy. You buy it for 60, you put 20 into it, and all of a sudden you're in it for 80, and the value comes back at 100 so you're in it for 80% of the after repair value. Most Fannie Mae lenders will do 75% so if you purchase a house outright, you put 20% down, but if you are doing a refinance, you're able they'll do it at 75% so instead of buying a home and putting it down payment upfront, you're using equity in the deal. And that's what the burst strategy is, buy renovate. So we buy it, we renovate it, we refinance it, we rent it out, and then you repeat it. So it allows for investors to scale their portfolios quicker and stretch their money a little bit further. So if you've got, I've got $50,000 and I want to invest in real estate, if you purchase a home, you're bound by the down payment. Once you put that down payment, it's, I wouldn't call it sunk cost, but that money's gone for reinvesting. The burr model allows you to stretch that money a little bit further. Now, like I said, I gave pretty basic numbers to the deal, but that's what you're going for. Some equity in the deal, and that's what we're able to provide for ourselves and for our clients. Keith Weinhold 21:38 So let's review that numbers on a little rock burp, making a $60,000 purchase with a pre renovated property. Then the investor puts another 20k into it for the renovation. So now they're all in for 80k and they get a 100k appraisal on that property, and then they can borrow, say, 75% of that there, that is the refi portion, the fourth letter of the BRRRR acronym. So therefore they've got 80k into it, and they got 75k back, meaning they would only have 5k into it, but maybe another 5k for closing costs, and now they only have 10k in to a 100k property. That's the appeal. That's what we're talking about here with the BRRRR Alex Craig 22:22 strategy. I mean, you're exactly right. And as I mentioned, I use some really basic numbers, because when you're using, you know, 100,060 and 20 makes them very basic. It's pretty hard to find out a deal worth 100,000 these days, even when we started in the industry, 100,000 was a pretty cheap after pair value. Probably the mean value of the homes that we're dealing in is probably about 140 to 140 to 160 but same principle, based on those same logic that what we just talked about, I wouldn't say, you know, five or 10k out of pocket, but if you're talking about purchasing a deal with 25% down versus doing a bur you're probably going to be in it at 15% Out of pocket costs 10 to 15% as opposed to putting a down payment of 25% but the big thing is, you're getting money back, and you're not putting as much so just it's great for scale. I don't know if you'll talk about DSCR lending very much on your show, but that's something that a lot of our clients, and that does 80% so we have a lot of clients going that route now too. Keith Weinhold 23:21 Okay, so you could do 80% with debt service coverage ratio loans, but to drop back in our example, to help be clear, the investor has 80k of their own skin in the game into the property, 60k for the purchase, 20k for the renovation, even though they only have 80k in it appraises for 100k that ARV, that after repair value. Why is the after repair value 100k when you only have 80k into it? Why is it more? Alex Craig 23:49 that's based off comparable sales? So when you're in it at 80, and you're going to refinance it through a lender, they're going to send an appraiser out, and appraiser is going to pull comparable sales within that neighborhood. So just because you're in an 80 the appraiser is going to go pull three comps, very similar to that home. So if we're selling a three bedroom one bath, they're going to pull three comps at a three bedroom one bath, relatively the same size look, if it's got a carport, they're going to try to find three houses with the carport. So in theory, that's what they're doing. They're pulling comparable sales and developing new value based on recent sales. Keith Weinhold 24:23 So it's that you have this knowledge to buy in neighborhoods and buy in certain sub markets, where, when you know that capital is added and renovations are made and a rehab period that they do tend to appraise for that value based on the comparables that are already there. Alex Craig 24:40 Yeah. I mean, if we were to take the same house at 60,000 and didn't do any work, he would then say, well, you've got some comparables here versus 100 but you could never sell this home for 100 these are the things you have to do, and that's what we do during the first R the renovate of the acronym is to renovate the home to the condition that the. Appraisers feel that are comparable for the neighborhood, and that's a real important part, is comparable to the neighborhood. We could go in and put in a Jacuzzi tub and grain of countertops. We actually, we do put a lot of grain in, because we get it so cheap. But you could go in and fix it up to the nines, but it's not going to appraise for any more than the others, because the appraiser would say, we over improved it. So we improve it to what we know, what the kind of the standard for the neighborhood? Because you could over improve these things for sure and not get that return on that investment. Keith Weinhold 25:28 That is a great answer. There is a specific improvement target that you know that needs to be hit. Tell us more about this burr process, because to an out of area investor, it can sound pretty intimidating if they had to manage contractors remotely themselves, Alex Craig 25:43 there definitely is a need to have a team on the ground that you trust, that you feel comfortable with, and that's what we've done. I've been doing it in multiple markets for myself since 2007 and we built into a business model in 2010 like I said, expanded Little Rock in 2012 and we've been doing this for 15 years now for other investors. So we've got that name and that reputation of taking care of our investors, that's the important part. And we do see a lot of investors get burned, because you can find a realtor to go to help you find deals, but usually the realtor relationship is thesis to end. It's okay, I found you a deal, but then there's so many other things afterwards, and the renovations, where I see so many people get burned, and you know, we manage approximately 1200 homes between two markets, and that's where I see when property owners come to us, they've been burned the most. It's like they've paid somebody $50,000 they didn't finish the job, they didn't do what they say they're going to do. So the renovation that we're the team on the ground, we've got a in House Project Manager, we've got a network of subcontractors. We tend to act as the contractor, subbing things out. We've got in house property management. We've got all the tools, but it's really between both. In the markets in which I operate. I've got about 30 employees within property management, renovations, acquisitions, so the team on the ground is and then the back in the property management part is the long, ongoing accountability. So if something doesn't work out, that's the way we said it. If we say it's going to rent for 1200 and we rent it out for 900 Well, we really got a big egg on our face. You do a few of those, and that's how you don't stay in business anymore. And there's, and I like to say, about every five years the market corrects itself into getting the wrong players out of the business. COVID was super easy, easy to find deals, easy to sell deals. But once the market changed and it became a little more competitive and rates rose, that's the people that have been around for the long time, been in it for the long haul, that stick around. They've got the established business model and their reputation. So every five years, a good correction in the market eliminates those bad players. Keith Weinhold 27:47 So you have this vetted, proven in play system that investors can get into besides just identifying the property, it comes with that system, those contractors or that investor just has one point of contact with you there for updates on the renovation. Alex Craig 28:03 Yeah. I mean, I feel like we know these neighborhoods. I like I feel we know these neighborhoods like the back of our hand. We've been investing in them for a decade plus, and we know the areas you want to be in, the areas you don't want to be in. And we have a lot of investors will call us either they already own the property or they're a current client, and they'll say, Hey, I could get this deal for 30,000 and it's worth 100 and I'm like, Well, that sounds too good to be true, especially if it's on the open market. If it was that good of a deal, it's already gone. We just know the market, where to be. We know what to pay. We could, pretty much just through our experience, identify a house we know probably within about five to 10% before we even dive into comparable sales of what it's worth. We could walk through a house within probably about three to five minutes and peg the renovation costs probably within about 10% now we still order an inspection, and that's where we uncover the things that we can't see, that maybe there's a bunch of rotted out joist or a foundation problem that we didn't see. So, but there's things aside we could walk through and we pretty much know, okay, it needs a roof that's 7000 it needs an air conditioner that's six flooring, two. So that's the expertise that we bring and like. So then the management part of it, on the back end, that kind of ties it all together with accountability. Keith Weinhold 29:22 And I know that your typical project renovation cost tends to be about 25k just for simplicity, we use 20k in that example, and your completion times are shorter than others that have inexperienced crews. So tell us about that typical renovation time. Alex. Alex Craig 29:39 every day we're accomplishing 500 so 25,000 divided by 500 comes to 50 days, 50 days. So we'll knock that out in about 50 days. And we just have a large network of subcontractors that we've been working with for years. If you weren't in the business, I think that'd be really hard to accomplish, and there's just a lot that. Goes into it. I mean, the renovating the homes, it's the once, it's the worst, it's the hardest thing that we do. For sure, it's definitely the most scheduling, but it's where, if you don't know what you're doing, a great deal turns into, how do I get out of this? Keith Weinhold 30:15 Right, absolutely. Now, in our example, we used where an investor puts 60k into it for the purchase to start with, because I see the burst strategy is a good strategy. If someone doesn't have a lot of capital, like they would for maybe a new build property, can one even finance that initial purchase amount? Alex Craig 30:35 Yeah, so private lending. So that's the part that makes if you've only got 50 grand to facilitate this entire process, and you want to try to repeat it as many times as you can. 50,000 would not be enough just to pay cash. So yes, we have private lending. We set that up. Sometimes we lend it ourselves. Sometimes we outsource it to some of our strategic partners, but we'll lend the money to buy and renovate the home. A typical what that loan would look like it's about 3.3 points of loan origination. So if you've got an $80,000 loan, that's $2,400 most lenders do require for you to bring that up front, and now you're in it for an $80,000 loan at 12% which, five years ago, that sounded crazy to borrow at 12% but with for private lending, that's not bad at all, especially you want to get in and out of it quickly. So if we're renovating the home, and you know, 50 days, if you're already pre approved with your lender, and they have all your documents by the time we finish renovating the home, the appraisals lined up, and you could be in and out of these private loans in about 90 days. That love that depends on the lending side, that you're giving the lender what they need. But ideally you want to be in these things about 90 to 120 days. So $80,000 loan at 12% that $800 a month. So if you're in it for 90 days, 800 times 320, 700 plus the loan origination fee. But that's how you do it. That's the you're just borrowing money to finance the acquisition, the rehab and the refinance Keith Weinhold 32:03 that is an option for you if you don't have the cash here to come in with these burr strategy properties. Alex, tell us more about it. Really, what I would like to know is, when an investor gets their appraisal, their after repair value, how many want to sell it for a profit, and how many want to hold it with a tenant for long term income Alex Craig 32:26 so far, zero. Want to sell it for a profit. If you're all in it for add and then you're selling for 100 once you sell it, there are other fees involved. You got to hire a realtor. Right now is a great time to hold it's a slow real estate market. I don't think Little Rock from an aspect, is where home ownership is down. I think that's a nationwide thing. So I think if you're going into this, you certainly want to look at it from perspective. This is a buy and hold. I don't think this is the best market to get into to buy something. Flip it with a in the example, we use a $20,000 margin with buyer concessions, realtor commissions. That's a lot of work involved. And let's just say it did work out. You sold it for 100 but you had to pay 2% closing in an agent fee, and you got some holding cost. Let's just say you netted 8000 that might be good for a six month return, but I feel like there's a lot of risk. I feel like our job as what we do for our clients, is to minimize risk. So someone came and said, Hey, I want to flip it. I would say, Well, I don't think it's the best market for it right now. I think you want to get into this buy and hold. Keith Weinhold 33:29 Yes, Alex has been doing this for a long time, and he's a specific expert right there in that local market. Buy and hold is a strategy that most likely makes sense. And he also strongly recommends pay cash if possible, instead of using that 12% short term private lending option, like he mentioned before, because that can cut out about four to 5k worth of transactional cost. And then if you do buy and hold what Alex and his company offer there in Little Rock is essentially a cash flow boost, 0% management fee in year one and only 4% in year two. So that gives you some extra cash flow runway as well. And Alex, before I ask you if you have any last thoughts, I want to announce to you the audience, that we have a live event virtually next week, on July 17, at 8pm eastern for Little Rock BRRRRproperties that Alex is CO hosting with our investment coach, Naresh, where you can find these bird deals in this cash flowing market. In Little Rock you'll see actual bird deals recently completed with full breakdowns of their purchase prices, sort of these case studies, where you can see some real numbers and what the rehab budgets are and what the actual timelines were, and what the refi outcomes were like, and explore BRRRR ready properties that are currently available to own, if you so choose, on this upcoming live event that you can attend from the comfort of your own home. Learn the full process, from acquisition to renovation to property management to the financing of them, and again, everything is all handled by local experts, so that you don't have to live with the nightmare of remotely managing contractors, which I couldn't imagine doing. So whether you're a first time investor or you're scaling your portfolio, this is your chance to get boots on the ground, insight and a proven road map to burr success and really one of the most accessible markets in the country. Again, Alex here is CO hosting the event along with GRE investment coach, Naresh Vissa. It is a free, live virtual event again next week, Thursday, July 17, at 8pm Eastern. Sign up is open now at gre webinars.com it ought to be great. Alex, teaming with local experts like you has been of real benefit to our audience. Do you have any last thoughts about either Little Rock or burrs or the events that you're going to co host with our audience next week? Alex Craig 35:57 So here's my last thought, as you were, you know, kind of concluding and I was reviewing what we had talked about. And one of the questions we get sometimes it's a fair question. It's like, well, if this is such a great deal, why don't you keep all the deals? So we hear that from time to time, and the simple answer is, we do. We do keep a lot of deals, and we're buying more real estate now, like I said, I feel like it's the easiest time to get into real estate. So we do, we do keep a lot. We're building a very large portfolio right now, but the house flipping to investors is just another business model that we have. And Property Management too. And we love property management, and we love building investor relationships. We've had a lot of investors we've had been with us since day one that we've developed really tight relationships with. So yes, we do keep a lot of the properties, and we sell properties too, and we and helps us build our management company, which you don't hear too many people say this, but we actually love property management. That's a hard thing to love, but we actually like it. Keith Weinhold 36:54 That is more weird than Tom wheelwright loving taxes, perhaps, but Right. But I want to deal with somebody that really loves what they're doing, especially when they're protecting our asset and probably more importantly, when it comes to property management, protecting our time. So that's right, Alex, well, our viewers and listeners are really looking forward to it next week, again, that live event Thursday, July 17, at 8pm Eastern is something that you can sign up for now at grewebinars.com. Alex, we're looking forward to it next week. Alex Craig 37:27 Bye, Keith, thank you. Keith Weinhold 37:34 Oh yeah. Terrific overview on why the burr strategy can be so profitable. And our event next week. Now, when you rent your primary residence, which you would typically do in a high cost area, and then you own rental property elsewhere, typically a low cost area, do you know what that's called? Yeah, there is a name for that. Last week we spoke to two listener guests in California that are doing just that. That is called rentvesting. And yes, Little Rock is surely a popular low cost market for rentvesting. I have been on the ground myself in Little Rock with Alex's associate to do an on the ground tour of properties. There you want to tap into a system where you've got the guiding hand of both experience and belief. That's what you're doing here. As like he said, Alex personally owns 75 doors there. That is belief, and he's been doing this for out of area investors for 15 years. That's the experience part real proof of concept at next week's event, you'll be introduced to this same system where you can lean on their team for acquisition, renovation and management. Little Rock has an MSA population of about 770,000 but I think more importantly today, savvy investors are conscientious of keeping their expenses down, and for good reason, since they've been up all over the place. Now, the purchase price is 140 to 160k for these BRRRR optimized single family rentals. Remember that we used 100k just for ease of an example there, usually when you buy income property, you're really in at close to 25% of the purchase price when you add up the down payment and closing costs, but this way, you're in for just about half of that at 10 to 15% another low expense is that property tax, statewide, Arkansas Property Tax is just 610 of 1% so that's half the national average. And then your management expense is definitely going to be low for the first two years, because it is 0% in year one and 4% in year two. And these are properties that you can actually be pretty proud of. You'll learn more about this. Scope of work with a renovation on the webinar, often granite countertops in the kitchen is a live, remote event. So this means that you can have any of your questions answered in real time. Should you have them? As you can imagine, demand is high for these properties, and this is a chance to get connected directly with the team that makes it happen. We might never get Alex on an event like this again, and is co hosted with our GRE investment coach, Naresh. It's next week. It's free, Thursday, July 17, at 8pm Eastern, 5pm Pacific. Sign up now, or your future self might not be able to forgive yourself. You can do that now at grewebinars.com Until next week, I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 3 40:56 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 41:19 You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got pay walls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text, gre to 66866 Keith Weinhold 42:35 The preceding program was brought to you by your home for wealth, building, getricheducation.com.
The Industry Relations Podcast is now available on your favorite podcast player! Overview In this episode of Industry Relations, Rob and Greg unpack the lawsuit Compass filed against Zillow over its ZLAS (Zillow Listing Agreement Standard) policy. They debate the strength of Compass's legal claims, the language cited in the complaint, and what the alleged behind-the-scenes meetings reveal about Zillow's influence in the real estate industry. Rob argues that Zillow is exercising monopoly power—even if it's not illegal—while Greg pushes back on whether that power is absolute or harmful. Key Takeaways Compass Lawsuit Against Zillow – Compass has sued Zillow over ZLAS, and Rob and Greg break down what the complaint says, especially around alleged comments from Zillow executives. Redfin's Role in the Lawsuit – The lawsuit describes a phone call between Redfin CEO Glenn Kelman and Compass's Robert Reffkin, which raises questions about Redfin's alignment or neutrality. Allegations from the Zillow Meeting – The complaint claims Zillow executives said they would “not allow” Compass to have listings that aren't on Zillow. Rob questions how MLSs will interpret that language. Zillow's Relationship to MLSs – Rob and Greg debate whether Zillow is stepping into a policy-making role that could create long-term tension with MLSs. Monopoly vs. Illegal Monopoly – Rob insists Zillow is a monopoly in terms of influence, while Greg questions whether that matters if they haven't broken any laws. Private Listing Networks as Leverage – Rob suggests that large brokerages should consider creating private listing networks to provoke offers or concessions from Zillow. MLS and NAR Dynamics – The conversation revisits the lack of MLS policy leadership from NAR and whether groups like CMLS can step up in its place. Consumer Perception of Real Estate – Greg ends by cautioning that all this infighting could be harmful to public trust, as evidenced by critical reader comments in mainstream news outlets. Connect with Rob and Greg Rob's Website Greg's Website Watch us on YouTube Our Sponsors: Cotality Notorious VIP The Giant Steps Job Board Production and Editing Services by Sunbound Studios
In this episode of the Real Estate Education Podcast, we dig into the hidden power of the MLS (Multiple Listing Service)—and why skipping it might be the most expensive mistake a seller can make. James shares a revealing case study comparing two similar homes in Colorado, each using a very different sales strategy. The results highlight what truly moves a property—and what doesn't. We also analyze Redfin's latest report on the decline of second home purchases. Are high mortgage rates and soft rental markets killing the dream of vacation homes? Or is something else happening beneath the surface? Contact Us: erin@erinspradlin.com | james@jamescarlsonre.com Plus, we explore the pros and cons of flat-fee real estate listings, when they work, and when full-service agents still matter. Topics covered: FSBO (For Sale by Owner) vs. MLS listings The truth behind second home market trends Flat-fee real estate models and seller cost strategies Why visibility still matters in real estate Tune in for data-backed insights, candid discussion, and real-world examples that challenge common assumptions. Subscribe and leave a review if you find it useful.
Today we have on Karrie Myers, aka SelfKarrie, a deeply intuitive and talented astrologer Giana happened to meet at a tea house in Marin.We dive into a mind-bending conversation about the current cosmic climate, and Karrie breaks down the incoming 7-year Uranus in Gemini transit (starting July 7!)—what it means for how we learn, communicate, and move through the world.She explains why this next chapter may feel more fluid than past transits—Uranus and Gemini are both air signs—but also why it's about to radically disrupt how we speak, travel, and even think. From telepathy to AI to neurodivergence as expanded awareness, Karrie opens up a portal into what's next.We also touch on war in the Age of Aquarius: less about weapons, more about who controls the information. Cyber-activism, hacking, and the internet as our collective consciousness? Yep, we go there.Plus, Karrie gives Giana and Bradshaw a joint business partner reading, and things get real. She shares why their playful, purpose-driven partnership is exactly what this moment calls for—and how staying childlike, creative, and bold with their voices is key to expansion. There's talk of shadow work and podcasting as soul work.Come for the astrology, stay for the insight into how current transits may be shaping our communication, creativity, and collective direction.
Links & ResourcesFollow us on social media for updates: Instagram | YouTubeCheck out our recommended tool: Prop StreamThank you for tuning in! If you enjoyed this episode, please rate, follow, and review our podcast. Don't forget to share it with friends who might find it valuable. Stay connected for more insights in our next episode!
People sometimes cheat on their partner. Not everyone – but some do. This episode begins with some insight into one big reason that causes infidelity in a marriage or relationship. https://www.thoughtco.com/why-people-cheat-on-their-partners-3026688 We are surrounded by information on every topic you can imagine. The problem is that if you want to learn how to do something, you could spend an eternity learning and never get to the doing – because there is always more to learn. The solution to this is to learn less according to Pat Flynn. He is a leading serial entrepreneurs, online marketer and podcaster who has mastered the art of "lean learning" – to learn just enough. Pat joins me to explain how it works. Pat is author of the book Lean Learning: How to Achieve More by Learning Less (https://amzn.to/4jTHGol) and host of the podcast Smart Passive Income (https://www.smartpassiveincome.com/spi/). The world of economics may sound a bit academic but your whole life and the decisions you make are all about economics. And once you understand that, you can learn how things like game theory, uncertainty, overthinking and other economic principles can help you navigate life. Here to explain how to do that is Daryl Fairweather. She is chief economist at Redfin, where she analyzes US housing markets and consumer behavior as well as a member of the academic advisory council of the Federal Reserve Bank of Dallas and a former senior economist at Amazon. Daryl is author of the book, Hate the Game: Economic Cheat Codes for Life, Love, and Work (https://amzn.to/3ZyDbs0). Some people prefer to go barefoot – particularly in the summer. But there is a belief that it is illegal to go barefoot in certain public places or even to drive a car barefoot. Is it? Listen and discover the legal truth about going barefoot. http://www.thebarefootalliance.org/lawsregulations/ PLEASE SUPPORT OUR SPONSORS!!! MINT MOBILE: Get your summer savings and shop premium wireless plans at https://MintMobile.com/something ! FACTOR: Factor meals arrive fresh and ready to eat, perfect for your summer lifestyle! Get 50% off at https://FactorMeals.com/something50off ROCKET MONEY: Cancel your unwanted subscriptions and reach your financial goals faster! Go to https://RocketMoney.com/SOMETHING QUINCE: Stick to the staples that last, with elevated essentials from Quince! Go to https://Quince.com/sysk for free shipping on your order and 365 day returns! INDEED: Get a $75 sponsored job credit to get your jobs more visibility at https://Indeed.com/SOMETHING right now! DELL: Introducing the new Dell AI PC . It's not just an AI computer, it's a computer built for AI to help do your busywork for you! Get a new Dell AI PC at https://Dell.com/ai-pc Learn more about your ad choices. Visit megaphone.fm/adchoices
Compass has filed a lawsuit against Zillow, claiming the platform's listing policies unfairly restrict competition—especially around “Coming Soon” and off-market listings. In this episode, Kathy Fettke unpacks what the lawsuit means for real estate investors who rely on early deal access, private listings, and digital platforms like Zillow, Redfin, and eXp. If you're sourcing deals online, this legal battle could directly impact your strategy moving forward. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1 FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS
In this week's Money Moves, Matty A and Mr. Breedwell are back together to break down the biggest market, geopolitical, and real estate headlines shaping the second half of 2025. From Trump's tariff war to Powell's rate pause, the guys unpack what's driving inflation, whether we'll get the cuts the market is begging for, and why risk tolerance is changing in a desensitized, crypto-gambling, TikTok-trading generation.They also touch on record-breaking housing inventory gaps, AI unicorn mania, Tesla vs. Waymo, and what the Iran-Israel ceasefire really means for oil and global volatility.This is a tactical, no-fluff conversation for investors who want to understand what's next—and profit from it.Timestamps:0:00 – Matty's back from Mexico and birthday shenanigans1:00 – CPI drops below 3%, so why are rates still high?3:15 – Powell's inflation warning and Fed rate cut hesitation5:00 – Breedwell leans toward cuts: “We need to re-stimulate lending”7:00 – US economy strength and market liquidity8:30 – Why Gen Z treats the stock market like DraftKings10:45 – Volatility isn't scary anymore—retail is here to play12:00 – Buy the dip: how to profit from war-driven market dips14:00 – Investing should be boring: Breedwell's boring but brilliant strategy16:00 – Powell's trigger-shyness and election-year avoidance18:30 – Trump's public feud with Powell and economic optics20:00 – Tariffs, borders, and bombs: a geopolitical chaos recap22:00 – Operation Midnight Hammer: Iran nuclear strike details24:00 – Media hypocrisy on military action under different presidents26:30 – Israel vs. Iran: ceasefire claims, risks, and trust issues29:00 – Strait of Hormuz shut down? What it really means for oil32:00 – Tesla vs. Waymo: Is there even a self-driving war?34:00 – AI bubble brewing? Unicorns, smoke, and future corpses36:30 – Google's Waymo problem and Apple's smart retreat38:00 – Crypto chaos: pump, dump, and ETF-driven dreams39:00 – Redfin report: record housing supply and demand gap41:00 – 75% of buyers sitting on the sidelines42:00 – DeSantis wants to kill property taxes in Florida42:45 – Bull or BS: Lightning Round (Rate Cuts, Bitcoin, CRE, and more)What You'll Learn:Why the Fed is hesitating despite sub-3% CPI numbersWhat Powell's inflation forecast actually signalsHow retail traders have shifted the market dynamic post-COVIDThe real risk (and opportunity) behind the Iran ceasefireWhy Breedwell is quietly loading up on U.S. equitiesThe ugly truth behind AI unicorn valuations and investor FOMOHow Tesla is crushing Waymo in the autonomous vehicle raceWhy the housing market is stuck in a standoff and what could spark a breakoutNotable Quotes:“It's easy to be successful in investing—people just make it hard.” – Mr. Breedwell “Retail investors aren't chickens anymore. They're not waiting to be slaughtered—they're squeezing the market.” – Mr. Breedwell “These are the windows where generational wealth gets made.” – Matty A “Waymo is five times the cost for a worse product. Tesla already won.” – Mr. BreedwellCalls-to-Action:Want a free portfolio x-ray? Text XRAY to 844.447.1555Want the best alternative investment deals? Text DEALS to 844.447.1555Follow Matty A for daily market insights: @officialmattyaFinal Thoughts:The market may be uncertain, but the opportunity is massive. If you're sitting on the sidelines waiting for the perfect signal, you're already late. Now's the time to get informed, stay sharp, and take action like the pros do.If you got value from today's show, leave us a review, subscribe, and share it with a friend who's trying to make smarter money moves.Episode Sponsored By:Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/CRE MASTERMIND: Visit myfirst50k.com and submit your application to join!FREE CRE Crash Course: Text “FREE” to 844-447-1555
Many home sellers are still sitting on strong equity, but that's not the case everywhere. A new Redfin analysis reveals nearly 6% of homes listed in May were at risk of selling at a loss—up from 4.4% last year. The risk climbs sharply for condos and homes bought after the pandemic, especially in markets like San Francisco and Austin. Nationwide, nearly one in three condos purchased post-2022 could sell below their original price. While losses remain rare compared to the aftermath of the Great Recession, today's buyers are gaining more leverage as sellers face pressure to adjust. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's episode of Uncontested Investing, we dig into one of the most powerful tools at your disposal as a real estate investor: data. It's not just about crunching numbers, it's about making smarter, faster, more strategic decisions in a market where the margin for error is razor-thin. We break down how investors can use both free and paid data tools to spot trends, find deals, set optimal rental rates, and avoid costly mistakes. From migration patterns to ZIP-code-based labor rates, they share real-world ways to let data guide your portfolio growth. If you're still relying on your gut, this episode is your wake-up call. Key Talking Points of the Episode 00:00 Introduction 01:16 What patterns tell us (vacancy, rent shifts, migration) 02:34 How market influences can change your buy box and strategies 04:03 Property-type trends and market adaptability 05:35 Free tools: Zillow, Redfin, Rentometer, Census.gov, HUD 07:20 Paid tools: CoStar, PropStream, Roofstock, AirDNA, Dwelling 09:22 Local tools: Agents, REIAs, county offices 11:02 How data can help you identify emerging markets 12:01 Avoiding emotional buying with consistent criteria 13:03 The cost of ignoring data: overpaying for properties 15:06 Analysis paralysis: when too much data kills the deal 17:00 Why you need to use data alerts as an investor 18:14 Weekly rent comps and rent optimization 19:31 Balancing rental increases with tenant retention 20:23 Manual tracking: using spreadsheets for micro-market analysis Quotables “Use the data to take emotion out of it. You'll never get a wrong answer when math is leading the way.” “Census.gov will smack you in the face with the truth. It's not customizable—it's real.” “One bad deal early can drive a new investor right out of the game. Data helps you avoid that.” Links RCN Capital https://www.rcncapital.com/podcast https://www.instagram.com/rcn_capital/ info@rcncapital.com REI INK https://rei-ink.com/
In this episode, we're joined by Daryl Fairweather, Chief Economist at Redfin and author of Hate the Game, to explore the most dramatic shift in the U.S. housing market in over a decade. With sellers now outnumbering buyers by more than 500,000 for the first time since 2013, Daryl breaks down what's really happening beneath the surface—and why so many homeowners and policymakers are reluctant to face it.We dive into the behavioral and structural forces shaping the market today, from price stickiness and record cancellations to zoning reform and climate-driven migration. Whether you're a homeowner, investor, or policy wonk, this conversation offers a comprehensive look at what's next for real estate in America.Topics discussed include:The shift to a buyer's market and why it mattersThe gap between seller expectations and buyer realityRegional pain points: Florida, Texas, and beyondWhy insurance costs and HOAs are distorting marketsBuyer psychology, affordability, and rent vs. own dynamicsTariffs, uncertainty, and interest rate volatilityThe policy fixes Daryl believes we need—fastClimate risk, migration, and Redfin's flood data experimentWhy your home shouldn't be your investment strategyLessons from game theory and behavioral economicsGuest Links:Daryl Fairweather's book Hate the Game is available now on Amazon and Audible.Follow Daryl on X, LinkedIn, and Substack @FairweatherPhD
A woman is seven months pregnant on a transatlantic voyage in 1720, giving birth in the belly of a rat-infested ship — when suddenly, pirates attack. But instead of plundering, one pirate hears the newborn's cry and makes a deal: name the baby Mary, after his mother, and he'll spare the ship. That child would grow up to be Ocean Born Mary — a woman whose legend sparked centuries of ghost stories, folklore, and New England intrigue. Two hundred years later, colonial enthusiasts purchased a haunted home allegedly linked to Ocean Born Mary and created a paranormal tourist destination. We trace the line between fact and folklore: from Mary's miraculous birth to tales of haunted hallways, sword-wielding spirits, and a mysterious green silk dress. Possible treasure, paranormal hoaxes, a 1930s ghost tour hustle, and a visit from Ed and Lorraine Warren. Whether you're here for pirate drama, haunted house vibes, or historical folklore, this episode delivers a story that's as entertaining as it is creepy.
This spring, just 28% of U.S. homes sold above asking price, according to Redfin. That's the lowest spring rate since 2020. The trend toward selling at or below asking price is good news for buyers. In this episode, why buyer competition — in some places — has thinned out. Plus: Federal cuts threaten childcare centers for government workers, Oklahoma teens learn about gambling risks in the classroom and we explain the difference between leading and trailing economic indicators.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
This spring, just 28% of U.S. homes sold above asking price, according to Redfin. That's the lowest spring rate since 2020. The trend toward selling at or below asking price is good news for buyers. In this episode, why buyer competition — in some places — has thinned out. Plus: Federal cuts threaten childcare centers for government workers, Oklahoma teens learn about gambling risks in the classroom and we explain the difference between leading and trailing economic indicators.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
Unlock the secrets of running property comps with me in this week's REI Weekly lesson! Through a detailed screen share on my Youtube channel, I'll show you step-by-step how to use Redfin and other tools to assess property values, even if you don't have MLS access. Whether you're a seasoned investor or a newbie, uncover insights to enhance your investment tactics. Contact me! greg@velocityhousebuyers.com Instagram @grego_37
Welcome to Loan Officer Freedom, the #1 podcast in the country for loan officers, hosted by Carl White. In this episode, your host Carl White teams up with Owen Lee to unpack the quiet earthquake shaking up the mortgage industry—massive moves by Rocket Mortgage that most LOs have already stopped talking about. They reveal how Rocket's acquisition of Redfin and Mr. Cooper could reshape borrower behavior forever, giving them first dibs on millions of consumers before the rest of us even know they're looking. Carl and Owen use a powerful bear-and-salmon analogy to show how referral-based LOs risk losing deals unless they evolve fast—and how smart use of predictive tech can help you stay ahead. This isn't a doom-and-gloom episode—it's a call to action packed with clarity, urgency, and opportunity for those willing to pivot now.
Pending home sales have hit their lowest level for this time of year since 2015, as high mortgage rates and rising prices continue to sideline buyers. Meanwhile, sellers are cutting deals: Just 28.5% of homes sold above asking, and the median sale price is nearly $29,000 below the median list price. But with the economy suddenly showing signs of strength, will the summer market prove to be better? Read the Redfin report here: https://www.redfin.com/news/housing-market-update-fewer-homes-selling-above-asking-price/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Millennials may be the largest generation in America, but their homeownership rate is lagging far behind earlier generations—and Gen Z is starting even slower. In today's episode, we explore why affordability challenges are redefining the American Dream and reshaping the future of homeownership. Plus, we break down new Redfin data showing a sharp drop in home listings and buyer activity, signaling a cooling market heading into summer. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
This is how to find investment properties that make real money in 2025. No “off-market” deals, no mailing letters, no cold calling—we'll walk you through how to find profitable, on-market rental properties that anyone can spot in any market across the country. Plus, how to separate “upside” potential from money pits that aren't worth the price. Dave has been buying rentals for 15 years, and he's showing you his exact method. If you're used to browsing listing sites like Zillow, Realtor, or Redfin, prepare to get your mind blown. We just released a brand new tool, BiggerDeals (100% free, by the way), that allows you to quickly search on-market properties and instantly get their cash flow, cash-on-cash return, cap rate, and rent-to-value ratios. This trims down your search time for properties by a massive margin. Now that you've used BiggerDeals to find your next potential rental, Dave will show you how to run the numbers in-depth to ensure you're buying a deal, not a dud. If the numbers work, and it fits your buy box, it's time to make an offer! The deal-finding and analysis can all be done in minutes, which means you're WAY closer to your first (or next) rental property than you thought! In This Episode We Cover How to find profitable rental properties in any market in just minutes with BiggerDeals Why you DON'T need to find “off-market deals” to invest in real estate The “funnel” approach to finding rentals and how to trim down your search time by 90%+ Using the rental property calculator to easily run your numbers How to estimate variable expenses on your next investment property The one thing you should always do before you offer on a property And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1121 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices