The Expert Podcast

Dec 03 2024 1353 ep. 5 mins 2
The Expert Podcast artwork

The Expert Podcast brings you firsthand narratives from experts across diverse industries, including private investigators, general contractors and builders, insurance agencies, vehicle specialists, lawyers, and many others.

  Business
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Urgent: Why You Should Buy the Cheapest House You Can Tolerate

Dec 03 2024 7 mins  
Key Takeaways:Impact on Rental Prices: Rental rates for single-family homes and apartments are expected to rise, driven by the inability of large landlords (hedge funds and investment companies) to purchase more homes, thus limiting market supply.Why Renters Will Face Higher Prices: Landlords now have more pricing power, meaning they can raise rents more aggressively due to the cur

Cracking the Code: How Landlords Set Rental Prices

Dec 03 2024 8 mins  
Episode Show Notes / Description:How is Rent Calculated?Learn how landlords come up with the rent amount, including insights into the formula they use.Understanding these calculations can give you leverage when negotiating rent prices.Example Property: A 3-Bedroom House in GeorgiaThe house is priced at $275,000.This type of home is common for rental purposes.Key Expenses Landlords

Breaking the Myth: Renters Are Not Doomed to Financial Failure

Dec 03 2024 11 mins  
Interest Rates on Mortgages Over 8%: What Does it Mean for You?Interest rates on mortgages have gone over 8%, and while this may seem surprising after years of low rates, it’s been anticipated for a while. Rates may settle around 10%, and here’s what that means for homeowners, renters, and potential buyers.Why Are Rates So High?Federal Reserve Chairman Powell states inflation i

2024 Home Prices & Mortgage Rates: What’s Next for Buyers and Sellers?

Dec 03 2024 5 mins  
Current Trends in the Housing MarketInterest rates hitting around 8% mark, as predicted.Predictions for mortgage rates reaching 10% are becoming a reality.The housing market faces a "perfect storm" for homebuyers.How the Market is Different Now vs. 2000In 2000, a home cost $120,000 with an average mortgage of $1,200/month.Today, the average home costs $420,000 - $440,000, leading t

Beware the 2025 Housing Trap: What You Need to Know

Dec 03 2024 3 mins  
Key Factors in the Housing MarketBuilders are struggling to keep up with demand.Rising costs are contributing to the delay: lumber prices, labor costs, and permit fees.Skilled tradespeople are in high demand, leading to wages of $70-80 per hour, which is affecting home prices.Interest Rates and Housing Prices8% mortgage rates are not expected to cause a crash in the housing market,

New Housing Market Predictions: The Future of Rates & Prices

Dec 03 2024 1 mins  
Housing Market Outlook for 2024, 2025, and Beyond:Housing prices and mortgage rates are expected to keep rising in the coming years.Millennials will significantly influence home prices, driving them higher, backed by data from Fortune.Full details, including charts, can be found in the link below.Mortgage Rates and Their Impact:Mortgage rates are expected to increase due to both i

The Ultimate Guide: When to Buy a House (Or Wait)

Dec 03 2024 2 mins  
Current Market Landscape:Housing prices and interest rates are significantly higher compared to 2–5 years ago.Some experts predict there might not be an ideal time to buy until 2030.Key Considerations When Buying a House:Monthly affordability: Compare mortgage payments to current rent.Long-term stability:Rent prices typically increase yearly, while mortgage payments remain fixed

Winning the Housing Game: Strategies to Beat the Market Crisis

Nov 29 2024 3 mins  
Episode Show Notes / Description:The Crazy Real Estate Market: With rising interest rates (nearing 8-9%) and skyrocketing home prices, is it still possible to buy a home?Strategy to Get Into Homeownership: Consider buying the cheapest house you can stand—it's better than renting and will get you into the housing market.Example of Affordable Housing: A small 2-bedroom, 800 sq. ft

Adapting to Change: How Real Estate Agents Must Evolve Their Approach

Nov 29 2024 2 mins  
Potential Impact of Lawsuit on Real Estate Commissions:If you're a potential home buyer, this case may benefit you in the long run.The National Association of Realtors has historically influenced commission prices, making it difficult for buyers to be their own agents.Buyers typically had to either negotiate with the seller's agent (who often had a 6% commission) or hire a buyer's

Hidden Homes: Are Secret Properties About to Flood the Market?

Nov 29 2024 1 mins  
Hidden Shadow Inventory of HomesEconomists suggest there may be a "shadow inventory" of homes that could enter the market.This might initially seem like good news for housing availability, but the source of this inventory raises concerns.What is Shadow Inventory?Properties expected to come to market but are not yet listed.Main source: potential evictions due to overdue rent paymen