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RECENT BLOG POSTS
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Debt & Equity Consumer debt is UP!  Way up.  In part, this is due to the financing of things normally financed (cars, homes) becoming more expensive with home prices skyrocketing over the past 2 years and cars becoming more expensive due to supply chain issues..  But credit card debt has risen as...
05/11/2022
1. What was your first job and what did you learn from it?My actual first job was shoveling snow and mowing lawns in elementary school. A friend and I started "J & B Yard Services" and went door to door with flyers. My first "real" job was slave labor (I'm only partly kidding!) at a dry cleaners....
05/10/2022
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Celebrate Your Wins When I first started in the mortgage business in 2006, it was a different world in a lot of ways.  I didn't have a 'business', I had leads.  10/day, which turned into 50/week, which turned into 200/month.  Leads about as cold as they come.   A name, and a phone number, and tha...
05/10/2022
11 Comments
Prices are falling.  Days on market are increasing.  Price reductions are increasing.  There are less offers over list price.  The market is shifting!   Or is it? In the news last week, there were, as usual, a lot of negative headlines around housing.  Buyers have had enough.  The end of crazy ap...
05/09/2022
A Real Estate Bubble Isn't Happening, and Here's Why Real estate is on fire.  It's no secret that home prices have gone up astronomically over the past 2+ years, and they continue to rise, in a phrase coined by crypto investors, "to the moon!".  This meteoric rise in prices has caused the phrase ...
04/27/2022
Don't Quit Your Day Job (during the mortgage process) It happened.  I've always heard the stories.  I've seen it happen to other people.  And now it's happened to me.  We've had a complicated loan in process for the past couple months.  I'll spare too many details, but it's a unique property in a...
04/12/2022
Recently Closed - Myrtle Beach, South Carolina Condo Refinance Recently our team was fortunate enough to work with a customer we've worked with for years on various properties in various states.  One benefit of licensing in multiple states is that when a customer moves, considers investing outsid...
04/11/2022
"Life finds a way" - Dr. Ian Malcolm (Jeff Goldblum), Jurassic Park Want to see the fastest example of the theory of evolution at work in modern times?  Watch real estate agents adjust to a new market.  It doesn't take long for agents to adapt.  And good agents always adapt.  Buyer's market?  Sel...
04/07/2022
Buying a House with Rising Rates - The Numbers Add Up!  $400,000 Home Price $350,000 mortgage at 3% $1,475/month principal + interest $400,000 Home Price $350,000 mortgage at 6% $2,098 principal + interest No one wants a 6% interest rate when they could have a 3% interest rate, but until a time m...
04/05/2022
Will Recession Lead To a Drop in Home Prices? Recession is starting to show it's ugly face in the US - at least in media headlines.  One of the biggest reasons is that a historical indicator of pending recession is upon us - the flattening of the yield curve.  "Yield curve flattening" is a pretty...
03/30/2022
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John Meussner

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