Send us a text Ready for a real estate reality check? The extreme market swings we've witnessed for years are finally settling into something resembling balance. In the notoriously volatile Bay Area, median home prices have dipped 4% to $1.3 million, homes are sitting for 30 days instead of 18, and only one in five properties faces a bidding war—down dramatically from the two-thirds that sparked frenzies in 2021. This cooling trend creates a strategic window for prepared investors and homebu...
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Send us a text Ready for a real estate reality check? The extreme market swings we've witnessed for years are finally settling into something resembling balance. In the notoriously volatile Bay Area, median home prices have dipped 4% to $1.3 million, homes are sitting for 30 days instead of 18, and only one in five properties faces a bidding war—down dramatically from the two-thirds that sparked frenzies in 2021. This cooling trend creates a strategic window for prepared investors and homebu...
Money Moves That Matter | Weekly Business Briefs w/ Martin Perdomo
Wealthy AF Podcast
4 minutes
7 months ago
Money Moves That Matter | Weekly Business Briefs w/ Martin Perdomo
Send us a text Massive consolidation is reshaping the mortgage industry as Rocket Companies moves to acquire Mr Cooper Group in a $9.4 billion all-stock deal. This strategic merger will create one of America's most powerful mortgage servicing companies, with Rocket positioned to manage an unprecedented portion of US home loans. The timing couldn't be more significant – with the industry still navigating high interest rates and reduced refinancing activity, this acquisition aims to leverage Mr...
Wealthy AF Podcast
Send us a text Ready for a real estate reality check? The extreme market swings we've witnessed for years are finally settling into something resembling balance. In the notoriously volatile Bay Area, median home prices have dipped 4% to $1.3 million, homes are sitting for 30 days instead of 18, and only one in five properties faces a bidding war—down dramatically from the two-thirds that sparked frenzies in 2021. This cooling trend creates a strategic window for prepared investors and homebu...
