By now everyone’s heard the Federal Reserve cut their target interest rate by 0.50%. This is more than most people expected and few turned out to be right that a half percent cut was even possible. Well they did it, and now we’re back to the drawing board of what that means for real estate and mortgage for the rest of 2024.

It sure does look like Fall is the “New Summer”. Inventory is show up in some remarkable ways in select parts of the country while equity still rides along all time highs AND mortgage rates decline…It’s almost as if we’ve shifted the traditional real estate norms and should expect the Fall to keep getting even better.

Today’s episode features a long time veteran of private funding who brings 3 decades of experience to the table. Having funded millions of dollars of bridge financing, John is repeatedly sought after for coming through in a pinch. His company Fidelis Pivate Fund currently manages a $70 Million fund and is actively seeking additional investors who want to still have their money involved in real estate without having to be the “hand and feet” themselves.

This conversation covers his background in financing, his perspective on the local market here in San Diego, the rampant ADU construction taking place throughout the city AND the state.

Contact John:

Website:

Fidelis Private Fund | Home

Phone: (702) 379-3468

Gen Z is quickly changing the tune about what they are known for as a demographic. Their Surge of homeownership is raising eyebrows leaving some to wonder are they brilliant or too ambitious? With the upcoming Fed Rate decision coming up, the housing market is primed to have very healthy fall activity.

Around these parts we call him "Triangle Mike", but trust us, Mikey's no Square! He began his professional career here at Mortgage Heroes in 2021 and then pivoted into real estate to tackle wholesaling and traditional sales. His tenacity and no-quit attitude is rare among his peer group yet we are also seeing glimmers of hope among those who want for better, want for more in their career and life.

If you’re looking to dominate in the Rolling Hills Neighborhood of Chula Vista, Mikey is in an active campaign to encircle that region and become the “go-to” agent in the 91914 zip code.

Contact Mikey:
IG: https://www.instagram.com/michaelmoynarealtor
LinkedIN: https://www.linkedin.com/in/michael-moyna-952935263/
YouTube: http://www.youtube.com/@michaelmoynarealestate

There will undoubtedly be a wide variety of topics dominating the headlines in the upcoming months as we head towards our elections this November. Among all the disagreements there seems to be one recurring hot topic everyone agrees on: Housing Affordability is under great pressure. The solutions vary and there’s no shortage of takes on what’s best for all involved…here’s out take.

It’s clear at this point that Home Equity isn’t going anywhere anytime soon. We’re seeing a sharp uptick in homeowners who are using their equity to cure other parts of their financial life that may be under some duress. Today we talk about the good and bad and some advice you can lean into during this economic window.

The steep stock market sell off also happened to trigger a mortgage rate decline that allowed many people to jump on favorable interest rates. This is likely more than temporary because we’re all expecting the finance markets to all but demand we continue in this direction for housing’s sake!