Good morning to October and the joys of Fall;
Real Estate Ownership – Don’t Miss Out – Prepare Today !!
Real Estate News – Tracking Our Market.
Recent News:
– Perspective: Markets adjusting to stated norms:
The market continues to ‘hope’ for better news from the Federal Reserve Board. After years of cheap money, the desire to return to those heydays continues. I am thrilled with the conversations with many people who are looking beyond this to accept where we are.
Often times, when we see a change in real estate, it is good to wait 90 days, before over reacting. Consider the rise in mortgage rates and the fears that followed. Over the last 90 days, nationwide data for home sales I reviewed, indicate an average of 3.7 offers for every property. Despite high mortgage rates, homes win.
How about coastal communities – like our Bay Area. It is in short supply, but long on demand. As a result, many have moved to other communities throughout the State and other states. Thus the appreciation engine is no longer just coastal. Consider St. Louis. Doing a bit of research on the St. Louis community, I noted the 60 year average appreciation was 3 % (SF Bay Area 6.5 %). The last 10 years and 5 years were both tracking over 6 %. Ten years – this is not an aberration, but reflective of a new normal.
Investing and wealth building thru appreciation is now a nationwide norm.
Bottom Line: Start Preparing Today
With Mike Ryan & Associates
Key to Success: Knowing each individual person who reaches out to me, is ‘not’ average, but distinct and unique. Yes, many of the statistics I share do smooth out to an ‘average’ person, but you are the reality and we welcome your call. We are here for you, even if there is nothing wrong. Having a conversation with a knowledgeable professional, can provide information helpful in determine if things are running smoothly – like a good tune-up – or if changes should be considered. It’s about you.
Let’s Talk Today
Be ready, today. A strong loan application is a winning attitude.
It strengthens your Realtors’ efforts in selling you and your offer
as the winning offer. Being “best” prepared is sound advice.
Interesting News We Can Use
Interest Rates: Tracking the high points encountered the past year or so. The Federal Reserve: They will hold rates and expect these higher rates for a while.
Shift in Economic Strength? Next 90 – 120 days should be indicative of the market direction and overall economy. Student loan repayment begins. Tough one: Over the year, credit card interest rose from 14 % to 25 %. Lifestyles will be shifting. How soft or hard is the unknown. Good news: Savings are returning to normal.
Looking to Buy or Invest?
Call today and begin early preparation now.
This keeps you ready and flexible. It is key.
The Good, the Bad, And the Ugly
The Good – Seeking alternative sources of future energy
Click on the links for more info: Wondering how climate change has changed the market, check out these these charts. Global solar manufacturing capacity is going to more than double this year. As well, electric scooters are already displacing four times as much oil as all the electric cars. The future is underway.
In Europe, we see a growing awakening to the hydrogen daydreams. In the United States, geologists just found what could be the world’s biggest lithium deposit – in a volcano. Add to this, a new transmission project bigger than the Hoover Dam. It just broke ground in New Mexico. As for a look for the EV future, California maybe the best example of what it will look like. And don’t write off the European legacy automakers. Check out Mercedes and BMW. The innovative and creative mind never ceases to imagine.
The Bad – The shifting and redefining of terminology – often unspoken changes. CoVid ‘vaccine’ is now a CoVid ‘shot’ or ‘jab’. Another is global warming, now being called climate change – warmer or colder. Even the definition of recession. Definitions do matter and keeps people informed. We need to trust them. Though these may not be overly critical, it is curious the need for redefining terms. Quite interesting.
The Ugly – Another small piece of personal perspective. Being adjacent to Santa Clara, and having attended more than a few events, I often read vitriol comments regards leadership of the stadium. I attended a concert a few weeks ago, and parked at the convention center – $ 60. Doing quick math, I would say the City picks up about $200 K from each event. Question: How much is that for a year’s worth of events ? Pretty nice, but the comments from so many, continue to be so negative. For shame.
Bottom line: We strive to help maintain a sense of balance and encourage others to do the same. For certain, each of us have challenges in our lives, yet our desire to improve and do better is steadfast. It is our common driving force. Yes, higher taxes, higher interest rates, and higher inflation are real challenges to family finances. Yet, the good news: History shows this too will pass. Stay active and motivated. Let your voices be heard. Let’s hope this reality becomes the common ground for all of us.
Planning and Preparation
I rarely change this section of this newsletter. The basics for investing are pretty straight forward. What remains is your reaching out to us – making that call.
Should one invest in stocks, bonds, real estate? Each person has a different view, often based upon comfort levels and sense of risk / reward. It is what we call the market place. It is key to one’s “planning and preparation”. It is here, we offer to you our expertise and experience. And this, to complement your perspective. Our goal: Bring a full range of meaningful options that enhance your vision, based upon todays market realities. Call today. Let’s set a time.
Why Call Mike
What We Do – Why We Are Here
We know how to explore and carefully examine the many available options. Yes, we are real estate centric for the long term gains anticipated. While we do NOT ignore other types of investment. We scrutinize for safety and prioritize the most feasible. It is how we build a trusted relationship with you, as you grow your wealth and secure a solid future – for you and your family.
Small Business: We love small business and provide a full array of financing tools.
Residential / Commercial: We offer strong lenders and a complete package of lending options.
Tax-deferral strategies: Investment portfolios tend to be dynamic in nature, subject to change and surprise. It is why it is important to keep updated, as to tax law. Herein, is a key question: Pay taxes today or keep your cash, working for you? How? By “deferring projected capital gains tax”? And if keeping your capital – working for you – sounds good, let’s talk. Let’s discuss the best available options and plans-of-approach. Best: We have the professional team who know how to bring it all together. Details matter and they know all the small details.
Why: Why payout up to hundreds of thousands of dollars – even Millions – when there are tools to keep your hard earned money working for you – and your estate. Interested? If so, now maybe a good time to talk – to start planning for tomorrow. Tax planning is a good strategy, especially with new laws wanting to stop you from passing highly appreciated real estate, onto your heirs. Your estate matters.
What We Do: Our role is to explain and bring clarity to time-tested strategies able to keep your money working for you. For me, this presents a solid opportunity to keep your cash and build wealth. One that is worthy and a profitable use of your valuable time. Let’s talk.
Tools: We offer multiple tools and proven methods for highly appreciated holdings. The goal: Keeping your cash in your proven hands. Our team offers highly qualified and knowledgable professionals, are ready to make it happen.
Retirement: Like myself, as we mature, real estate becomes more personal. If you agree, let’s talk. Together, we can help find answers and solutions to questions about a too soon, tomorrow. We can start today. We can address a range of questions, from working at home, to a multitude of retirement options. Our effort is to bring clarity to important real estate planning issues.
Our Purpose:
Be insightful and practical.
Work with you, finding best answers and solutions.
Always Being Straight Forward, with No Short Cuts.
Success begins with solid preparation and a proven professional – Mike Ryan. I know the ropes and am a proven advocate. I offer time-tested insights and experience. Best, I love to see my clients achieve their goals. Call us – the professional team who stands with you. Call today.
We are ready!!!
Thank you and continued blessings.