9-11 Memorial from the WMD Documentary. The sounds of the day.
9-11 Memorial from the WMD Documentary. The sounds of the day.
Interest rates continue to rise and put a damper on the residential markets. Commercial vacancies in San Francisco and Los Angeles could cause values to drop 30 to 40%. California’s electric grid is strained to the limits with the most recent heat wave but that does not stop the legislature from continuing to ban natural gas. Cancelling student debt will not create more home ownership. We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
California does not have enough power to keep the lights on and the air conditioning running but moves forward with a plan to go all electric and eliminate fossil fuels over the next 12 years. Termed out Senators and Assembly members said that somebody else can work out the details. Interest rates continue to rise slightly and the residential housing markets continue to slow. We discuss all of this and more on Today’s Real Talk. Real Talk is the Right side of Real Estate
California Air Resource Board has ruled that no more gas powered cars can be sold in California by 2035. That by 2026 35% of all vehicles must be electric. Our electric grid is already strained with rolling blackouts in the summers. Can we double our grid capacity in 12 years? How will that effect housing? 30 year interest rates are no closer to 6% than 5.5%. Are move up buyers now choosing to wait to sell their homes and not move up? We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
California Real Estate markets continue to slow and inventory of move up homes is increasing. More evidence emerges that the Trump Mar Lago raid was politically motivated and probably a violation of the law. With 2 weeks left in the legislative session we are watching closely to see what surprises California has for the citizens. We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
30 year mortgage rates declined last week even after the Federal Reserve raised the discount rates. California home sales continue to slow. Can the Department of Justice be trusted or has America become a third world country where the FBI and Justice Departments attack political opponents of the Democrat party? Over 600 pieces of legislation in California will killed or enacted over the next 3 weeks. We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
California politicians number one priority now that they are back from summer vacation. Allowing safe drug injection sites anywhere in California and allowing lawsuits against Pregnancy Intervention Centers that do not provide abortions. After the Federal Reserve raised the discount rate 3/4% 330 year mortgage rates went down. State and Federal water policy are destroying the San Joaquin Valley farm industry and small rural towns. We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
California Lawmakers are again attacking Proposition 13. This time because it is “racist” according to a new study. The Federal Reserve raised the discount rate by 3/4% and 30 year mortgage rates declined slightly. Shadows from the 2007 and 2008 mortgage crisis are starting to show up in today’s real estate markets. We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
On this week’s Real Talk we discuss the elephant in the room. The electric grid can’t produce enough power for all electric homes and cars. We also discuss the true cost of going green in California and the US. Is it time to consider a variable rate mortgage? Can I change my mortgage servicing company? How much has the Real Estate market in the San Joaquin Valley slowed with higher interest rates? We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
With only 15% renewable energy the California grid is already failing. More and more green energy fans are realizing we need fossil fuels to power our grid. Will that change the policy of going all electric in California over the next dozen years? What will happen to used batteries, wind turbines and solar panels which are toxic waste and less than 10% of the materials can be recovered? How are higher interest rates effecting the real estate market. Will another fed increase in interest rates send mortgage rates even higher? We discuss all of this and more on this week’s Real Talk. Real Talk is the Right side of Real Estate.
Interest rates remain stable. Inventory is increasing. Home prices are stabilizing. The California legislature is on vacation! These are all good signs for housing. California Air Resource Board and the California PUC are realizing that our grid can’t sustain increased green energy without fossil fuel and nuclear backups. The green left is going nuts. We talk about all of this and more on this week’s Real Talk. Real Talk is the Right side of Real Estate.
Tulare County DA Tim Ward describes how California’s pre-trial release program allowed two drug dealers with 150,000 Fentanyl pills, meth and heroin out of jail without bail in the dark of night over the weekend. This was done in a conservative county with a strong Sheriff and a DA how is not soft on crime. It is worth 20 minutes of your time to find the true story of this event.
Live Every Saturday @ 10am