Welcome to July and the Morgan Hill Real Estate Market 7 Day Snapshot! As we do every Friday, we take a look at a 7 day snapshot of what is going on with real estate in Morgan Hill. List price decreases are continuing to dominate the market, along with inventory increases outpacing sold homes.

This week, we are going to gaze into the crystal ball. Several things are going on right now – including the growing use of the adjustable rate mortgage – that I believe set the stage for a potentially market killing outcome. Follow along with me in todays show and see if you agree. If I am right, we could be heading into some very tough times over the next few years.

In just a few weeks, we have seen real estate inventory jump from an 11% increase to an 18% increase! As we face other challenges from increased interest rates, inflation and recession – we may see a unique opportunity for buyers and investors – and a signal to home owners to review their situation.

Today, Michael Hellickson, Founder and CEO of ClubWealth joins us to chat about the real estate market and how to prepare for what is coming or to just be ready to kick off your first real estate investment!

Home inventory is up across the United States. However, our local market has seen an even more dramatic increase in inventory! But that is not all, our most recent home sales price information is also eye opening! Don’t miss this podcast where we discuss all this in more detail.

You may think that your best bet to get the highest level of service in buying, selling or investing in real estate is to work only with top 1% real estate agents. The truth may surprise you as we discuss the realities of what those agents tend to do for you. We will also explore the right questions to ask to find the agent that will give you better service and results.

Recent indicators show that we should be concerned about an upcoming recession. There is disagreement on timing, but there seems to be consensus on the idea that a recession is coming. But, will we get a “Recession 2022” going? What would that mean for real estate? What should buyers, investors and home owners be thinking right now to get ready? We will cover all that on todays show.

In todays show we will discuss the 10 metros with the highest price gains. These are not the most expensive metros, but the areas that have seen the greatest percentage increase in property prices. This could be an interesting indicator for you as a buyer, seller or investor.

An interesting article came out recently discussing cities where home prices for homes are actually down! At least, that is what the headline REALLY wanted you to believe. Well, when we dig a little more we see they are talking about asking prices, not sales prices. But is that the end of the story? No, not really. It ends up that an entirely different story is told about home prices when we look more closely at the market data. Come along for this ride as we do a little debunking and critical thinking!

A fantastic interview with The Land Shark himself, Brent Bowers! We will take some time to chat with Brent about investing in land and how to get started. But don’t think that only investors will benefit from this show. If you are a buyer who is tired of trying to buy an existing home, these strategies might be just what you need to not only get your own home, but to get the EXACT home you want buy acquiring the land and building it yourself through land investing!

This week, we are going to gaze into the crystal ball. Several things are going on right now – including the growing use of the adjustable rate mortgage – that I believe set the stage for a potentially market killing outcome. Follow along with me in todays show and see if you agree. If I am right, we could be heading into some very tough times over the next few years.

In just a few weeks, we have seen real estate inventory jump from an 11% increase to an 18% increase! As we face other challenges from increased interest rates, inflation and recession – we may see a unique opportunity for buyers and investors – and a signal to home owners to review their situation.

Today, Michael Hellickson, Founder and CEO of ClubWealth joins us to chat about the real estate market and how to prepare for what is coming or to just be ready to kick off your first real estate investment!

Home inventory is up across the United States. However, our local market has seen an even more dramatic increase in inventory! But that is not all, our most recent home sales price information is also eye opening! Don’t miss this podcast where we discuss all this in more detail.

You may think that your best bet to get the highest level of service in buying, selling or investing in real estate is to work only with top 1% real estate agents. The truth may surprise you as we discuss the realities of what those agents tend to do for you. We will also explore the right questions to ask to find the agent that will give you better service and results.

Recent indicators show that we should be concerned about an upcoming recession. There is disagreement on timing, but there seems to be consensus on the idea that a recession is coming. But, will we get a “Recession 2022” going? What would that mean for real estate? What should buyers, investors and home owners be thinking right now to get ready? We will cover all that on todays show.

In todays show we will discuss the 10 metros with the highest price gains. These are not the most expensive metros, but the areas that have seen the greatest percentage increase in property prices. This could be an interesting indicator for you as a buyer, seller or investor.

An interesting article came out recently discussing cities where home prices for homes are actually down! At least, that is what the headline REALLY wanted you to believe. Well, when we dig a little more we see they are talking about asking prices, not sales prices. But is that the end of the story? No, not really. It ends up that an entirely different story is told about home prices when we look more closely at the market data. Come along for this ride as we do a little debunking and critical thinking!

A fantastic interview with The Land Shark himself, Brent Bowers! We will take some time to chat with Brent about investing in land and how to get started. But don’t think that only investors will benefit from this show. If you are a buyer who is tired of trying to buy an existing home, these strategies might be just what you need to not only get your own home, but to get the EXACT home you want buy acquiring the land and building it yourself through land investing!

Huge real estate investors are loving the student housing market. In fact, the American Campus Communities organization was recently purchased for $12.8 Billion! Keeping your eye on options, this kind of interest should suggest you consider student housing as one of your options – even if you have no interest in it right now, you can always keep that option in your back pocket – to make it through whatever market might be around the corner.

In just a few weeks, we have seen real estate inventory jump from an 11% increase to an 18% increase! As we face other challenges from increased interest rates, inflation and recession – we may see a unique opportunity for buyers and investors – and a signal to home owners to review their situation.

Today, Michael Hellickson, Founder and CEO of ClubWealth joins us to chat about the real estate market and how to prepare for what is coming or to just be ready to kick off your first real estate investment!

Home inventory is up across the United States. However, our local market has seen an even more dramatic increase in inventory! But that is not all, our most recent home sales price information is also eye opening! Don’t miss this podcast where we discuss all this in more detail.

You may think that your best bet to get the highest level of service in buying, selling or investing in real estate is to work only with top 1% real estate agents. The truth may surprise you as we discuss the realities of what those agents tend to do for you. We will also explore the right questions to ask to find the agent that will give you better service and results.

Recent indicators show that we should be concerned about an upcoming recession. There is disagreement on timing, but there seems to be consensus on the idea that a recession is coming. But, will we get a “Recession 2022” going? What would that mean for real estate? What should buyers, investors and home owners be thinking right now to get ready? We will cover all that on todays show.

In todays show we will discuss the 10 metros with the highest price gains. These are not the most expensive metros, but the areas that have seen the greatest percentage increase in property prices. This could be an interesting indicator for you as a buyer, seller or investor.

An interesting article came out recently discussing cities where home prices for homes are actually down! At least, that is what the headline REALLY wanted you to believe. Well, when we dig a little more we see they are talking about asking prices, not sales prices. But is that the end of the story? No, not really. It ends up that an entirely different story is told about home prices when we look more closely at the market data. Come along for this ride as we do a little debunking and critical thinking!

A fantastic interview with The Land Shark himself, Brent Bowers! We will take some time to chat with Brent about investing in land and how to get started. But don’t think that only investors will benefit from this show. If you are a buyer who is tired of trying to buy an existing home, these strategies might be just what you need to not only get your own home, but to get the EXACT home you want buy acquiring the land and building it yourself through land investing!

Huge real estate investors are loving the student housing market. In fact, the American Campus Communities organization was recently purchased for $12.8 Billion! Keeping your eye on options, this kind of interest should suggest you consider student housing as one of your options – even if you have no interest in it right now, you can always keep that option in your back pocket – to make it through whatever market might be around the corner.

Interest rates hit an average of 5% for fixed rate home loans. We have not seen rates at that level since 2011. In todays show we look at interest rates and think through the best path forward for real estate buyers, sellers and investors.