Real Estate Radio LIVE

In today’s episode, we dive into the Federal Reserve's recent decision to cut the prime rate by a quarter, bringing both relief and challenge as consumer debt hits an all-time high. Joe Cucchiara breaks down the weight of high-interest debt and the struggle for many to manage mortgages, credit cards, and home equity lines. He explores why consolidating debt now—despite giving up lower-rate mortgages—could save consumers hundreds each month and offers insights on strategies to cut monthly costs while we wait for better rates. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

In this episode of Real Estate Radio Live, host Joe Cucchiara delivers a timely message aimed at realtors and loan officers, urging them to rethink their partnerships and adapt to an increasingly challenging market. Joe emphasizes the importance of working with committed, like-minded professionals who uphold high standards, as the real estate and lending industries grapple with low inventory and high interest rates. He encourages realtors to reassess their lending partners, seeking those who prioritize quality service over low rates and are dedicated to client success. For loan officers, Joe advises surrounding themselves with supportive, resilient teams that foster growth even in difficult times. He invites both realtors and loan officers to join his network or explore other supportive environments, highlighting the value of strong industry relationships and integrity in building lasting success. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

The end of the year is coming up and you may be curious as to what to expect in the 4 quarter. In this episode of Real Estate Radio Live, host Joe Cucchiara delivers a comprehensive 3rd quarter market update and discusses the potential for a housing correction. Joe explores the national housing shortage, low inventory, and the impact of investment groups holding onto properties, which limits market turnover. He shares insights into the dynamics of high appreciation rates and stagnant incomes, which could trigger a market correction in the coming years. Joe also touches on rising interest rates, record consumer debt, and the challenges homeowners face when considering refinancing or purchasing new homes. Tune in to understand the factors shaping today’s real estate market. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

A dynamic shift is happening to the home buying process. Millennials are buying differently than the previous generations, and as you can imagine many of them don’t want to pick up a phone or meet with an agent. Not only does buying a home start online, but the whole process can be done from your home, office, or even a classroom! Today host Joe Cucchiara meets Matt Parker, the CEO and co-founder of Alokee, who created the digital brokerage experience for the consumers who get all the handholding they need, but only when they need it. Ready to learn just how quickly you can purchase your next home with minimal help (and cash)? Go the millennial way and check out the future of home buying for your next transaction. https://www.alokee.com/home To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

With interest rates hovering around 7%, this is the worst time to purchase an investment property, right? Of course not! Investors are hyper focusing on interest rates when they should be focusing on opportunity and timing. What makes debt service coverage ratio (DSCR) loans exciting is how they act like commercial loans where the purchaser doesn’t qualify for the loan, the property does. Factors such as rental income, easier qualifications, and more make DSCR loans a great program for buyers looking to invest outside of California even with liability and vacancies posing as potential drawbacks. Today host Joe Cucchiara explains the benefits to investing with a DSCR loans versus the conventional loan you already know. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Interest rates are too high! Don’t make any moves with your real estate! If those statements sounded like complete garbage to you, then you know that those are just things the media will say to scare consumers. Longtime listeners of RERL and real estate professionals are aware that there is no wrong or correct time to buy. As host Joe Cucchiara has always said, as long as you have a good team of professionals to help you through the process, the right time to buy is when the time is right for you! Look at the bigger picture and you’ll see that the lack of inventory in the Bay Area is keeping prices high. It’s likely that when rates dip, buyers and sellers will rush back to the market and home prices will go up again. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Anyone who has tried their hand at becoming a landlord knows that managing rental properties without stress and landing a profit is next to impossible. Fortunately, there’s a new program on the market that could change the way landlords handle their properties. Whether you’ve got single dwelling homes in North Carolina or multi-unit investment properties in California, Next Level Property Management Academy can teach both new landlords and seasoned investors how to be more effective investors while gaining [more] profit. Today host Joe Cucchiara chats with Next Level founder, McGhie Allan to learn why more landlords don’t regret ditching their property manager when they take on the “stress” of managing their investment properties. https://nextlevelpma.com/ To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Big corporations have little in common with small businesses when it comes to how they handle money, and an individual’s financial plan couldn’t be further away from that of a business. Having worked for both small and large financial institutions has given today’s guest, Jeff Yoakum, ample understanding of the many financial situations people may find themselves in since he created his own individual wealth planning business 12 years ago. As a CFP, Jeff handles the wealth of anyone who is past the DIY phase of saving from doctors to teachers and even CPAs. Listen in as host Joe Cucchiara has Jeff Yoakum explain the importance of saving and investing from an early age. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

The National Association of Realtors found themselves on the wrong end of a landmark decision today. High commissions have long been a point of contention for consumers already paying top dollar for their new home and now future buyers and sellers will finally get a win. Not only will the NAR be forced to pay out millions for artificially inflating commissions, but they will also be forced to make a number of systemic changes that will benefit consumers. Will this class action lawsuit be the springboard that streamlines the home buying process by integrating technology? Today host Joe Cucchiara and Jack Russo discuss what impact the NAR’s big loss may have on the real estate industry. https://www.wsj.com/real-estate/realtors-settlement-change-buy-sell-homes-da45eb23 To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Q2 is fast approaching, but just one month ago a sudden spike in interest rates froze consumers just as they were getting pumped up to start the season. Of course, the market wasn’t going to stay stagnant for long. Inventory is trickling in and while it is still a sellers’ market, only specific areas are attracting the same hand over fist draw that consumers are used to seeing. So, what are the best home seller strategies when buyers are shackled by higher interest rates? Host Joe Cucchiara explains how to buy down the interest rate with the sellers’ credit and other clever approaches to get your house sold while inventory is still low. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Years ago, people got in trouble for taking advantage of the elderly by abusing reverse mortgages. Today the reverse mortgage still carries around a lot of that stigma, but that ends now! With interest rates still solidly in the 7% range, a reverse mortgage can be a tremendous benefit to any homeowner aged 62 or older who would describe themselves as house rich and cash poor. Don’t run from the reverse mortgage thinking it's the same product that hurt your grandparents. Host Joe Cucchiara explains why you should treat the reverse mortgage as just another alternative financing option to increase your cashflow. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

How low do rates need to go to make a difference in the marketplace? Just a couple years ago consumers could get 30-year fixed loans with interest as low as 3%. This spurred a huge boom in refinances and home purchases. To no one’s surprise, interest rates jumped up to 8%. The sudden spike paralyzed the consumer and the economy making last year one of the worst years for real estate transactions. Will the market start to turn around now that interest rates have begun to settle in the 6-7% range? Today host Joe Cucchiara put his nearly 25 years in the real estate business to the test with these bold market predictions. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Way back in the early 2000’s, everyone in the mortgage company panicked when a single company decided they would go all in and become the first online mortgage company. It didn’t take long for professionals to figure out how archaic the system was and today, going online for any part of your home buying experience is just part of the process. Now AI is making its big debut in real estate as Zillow announces it will utilize AI in the products for both consumers and professionals. Looking to go beyond the Zestimate, Zillow plans to dive deeper into the home buying process by providing buyers with personalized home recommendations and acting like an assistant in negotiations. Today Joe Cucchiara and Jack Russo look at the future of real estate through our computers. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Despite the recent ups and downs we’ve seen in the market, sellers around the US have been happy with their transactions over the last 10 years; but have they gotten the short end of the stick? The National Association of Realtors and a few major brokers have been found guilty of inflating their commissions in Missouri, Kansas, and Illinois. Though this only pertains to a few states for now, the rest of the US will likely follow and potentially bankrupt the whole industry or force mass consolidation. Today Joe Cucchiara and Jack Russo look at the significant blow the NAR just took and how things like automation and blockchain technology will further disrupt the industry. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

When the housing market was strong, nearly everyone either had a part time gig in real estate or they fully switched career paths for easy money. Now that the market has slowed, nearly 40% of loan officers declined the option to renew their license this year. It’s an unfortunate, but necessary cycle that weeds out those who dabbled in the market and leaves only those who are truly committed. Of course, this cycle is not limited to only real estate, all businesses need to experience the same process of burn and regrowth to become stronger. While closing the sale of Twitter to current Owner Elon Musk, the law firm Wachtell Lipton Rosen & Katz racked up a massive bill to the social media company in a less than ethical manner by committing to astronomical hourly and success fees. Today Joe Cucchiara and Jack Russo look at the shocking way money is changing Silicon Valley ethics. Click here to read more about Elon Musk's lawsuit against Twitter's lawyers: https://www.law360.com/pulse/articles/1697344/attachments/0 To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

The real estate market is slowly leaking air, and it’s not just in residential. The construction of Google’s downtown San Jose mega-campus was put on hold, and it might not be completely due to workers refusing to head back to the office. Google’s campus was expected to create thousands of new jobs and provide housing for several thousand as well, but that was before ChatGPT changed what is possible in the workforce. AI is all set to slash an incredible amount of middle tier jobs from the workforce by replacing hours of human done research with a quick search done with a few key phrases. Today Joe Cucchiara and Jack Russo discuss ChatGPT’s probable place in the workforce. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Rolling into a new quarter means new changes are happening in the real estate market. Interest rates are finally starting to trend down after 2-3 years of rate hikes and it’s likely that this summer the Bay Area will see more transactions now that the worst of covid seems to be over. Listen in as host Joe Cucchiara explains why the second quarter might be your best opportunity to buy despite economic concerns. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

First time homebuyers finally have a new option to help them achieve the dream of buying their very own place. The Dream For All program which launched Monday will assist first time home buyers in California for the first time by providing 100% financing! Dream For All is a shared appreciation financing program where borrowers will have to meet some incredibly generous qualifications regarding income, repayment appreciation & more. So what other requirements do potential borrowers need to meet to qualify for this new loan? Listen in as host Joe Cucchiara breaks down California’s newest program to aid homebuyers along the journey of homeownership. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

It’s been quite a day for Silicon Valley. Stock prices for Silicon Valley Bank plunged from a hearty 260 to a meager 26, a whopping 90% reduction, over the course of just a few days! Solvency and liquidity have become an urgent issue for Silicon Valley bank as it has backed many FinTech startups over the years, many of which were crypto firms that have been going under. First Republic Bank also took a solid hit today signaling that this situation could have national and global ramifications. Joe Cucchiara and Jack Russo discuss the big effects we will see following the failure of Silicon Valley Bank. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

While California and New York have always been expensive places to live, the middle US has historically been a reliable area to purchase affordable housing. Unfortunately, that is no longer the case today and the housing market is essentially broken. One of the reasons why housing prices continue to skyrocket across the country is the increasing cost of labor which is something consumers will just have to accept – or will they? The inevitable has happened and computer-based automation is now set to take its place in home development. Host Joe Cucchiara asks Jack Russo if a more stable housing market can be created by printing 3D homes. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.