In this episode, we examine a significant new lawsuit filed by Michigan real estate professionals against the National Association of Realtors (NAR) and other local and state realtor organizations. The plaintiffs argue that mandatory membership in these organizations for access to the MLS constitutes an antitrust violation, claiming it results in economic coercion and unfair […]
National Association of Realtors Sued Again? Read More »
In this episode, John dives into the pressing issue of skyrocketing house prices. We’ll explore why home prices have become unaffordable for many and discuss the factors driving this trend. Join us as we examine three real-life examples of overpriced homes and analyze the implications for buyers, sellers, and the overall housing market. Example 1:
House prices continue to be RIDICULOUS! 😔🤬 Read More »
In this episode, John Schink of Deerwood Realty explores the difficult decision many Americans face: taking hardship withdrawals from their 401(k) plans to avoid foreclosure or letting the bank take the house. Despite a strong economy, many are financially stressed due to high housing costs and rising interest rates. We analyze the implications of these
Pull out 401k or let the house go into FORECLOSURE? Read More »
Join John Schink of Deerwood Realty as he explores innovative mortgage solutions designed to stabilize homeownership and the economy. Delve into the benefits of Lower-Only Adjustable-Rate Mortgages (LO-ARMs) and Ratchet Mortgages, which offer automatic rate reductions without the risk of increased payments. Discover how these mortgage types can prevent negative equity traps, reduce refinancing costs,
The Lower Only Adjustable Rate Mortgage, What in the World? Read More »
In this episode of Deerwood Realty, John explores the “housing market lock-in effect” and its far-reaching impacts on both current homeowners and aspiring buyers. According to Bank of America economists, the housing market will remain “stuck” until at least 2026, with home affordability unlikely to improve without a recession. We’ll delve into the factors driving
When Will The “Lock In” Effect End? Read More »
In this episode, John Schink of Deerwood Realty breaks down the fascinating 22-year history of real estate investor activity. From the early 2000s credit boom to the rise of Airbnb and iBuyers, discover the major shifts and trends that have shaped today’s market. Learn how institutional investors, small landlords, and emerging technologies have influenced home
The Different Waves of the single family “home investor” ? Read More »
In this episode of the Deerwood Realty Show, John dives into the challenges of buying a home in the current market using the new NBC News Home Buyer Index. We’ll explore how factors like home prices, mortgage rates, availability, and economic conditions affect buyers across different regions. Is the new home buyer index of any
New Housing Affordability Index Just Dropped … Thoughts? Read More »
In this episode of the Deerwood Realty Show, John delves into the current trends shaking the housing market. Home sellers are slashing prices to attract buyers amidst waning demand, high mortgage rates, and rising inventory. We’ll explore the factors driving these changes, the potential implications for buyers and sellers, and what the future might hold
The Housing Market in the United States is Odd Read More »
In this episode of the Deerwood Realty Show, John delves into the high-profile case of former Baltimore City State’s Attorney Marilyn Mosby and the methods used in mortgage fraud. We’ll explore the broader implications for real estate and the legal system while discussing the ethical and philosophical questions surrounding such fraudulent activities. #MortgageFraud #RealEstateEthics #LegalInsights
Mortgage Fraud Trap? How Serious? Read More »
In this episode, John dives into the recent DOJ charges against one of America’s top loan officers for alleged mortgage fraud. We’ll examine the details of the case, discuss the broader implications for the real estate industry, and explore how prevalent mortgage fraud really is. As a real estate professional, I will share my perspective
Mortgage Fraud? How is that even possible? Read More »
