Your October Letter From My Heart, with the Good Bad, Ugly

Good morning to the Fall Season ,

Don’t Wait !!

Home buying continues – Home refi’s are responding to higher rates

Recent News

Inflation: Next two months critical, as Fed continue to review and define acceptable targets.

Federal Reserve: Recent 3/4 % increase to Fed rate, was anticipated. Follow up comments suggest more to come, with surprise talk of plus 1 to 1 1/4 % rise by end of year. The recession is real, inflation is real, higher rates are real and stagflation may become the norm. Bad policy. 

Homeownership and Wealth Effect: 65 % of household equity, is in our homes.  Home ownership is a proven strategy. Within this group, the top 50 % have a net-worth of 500 K or more.  Further, the top 10 % have a net worth of 800 K. The top 5 % is at 1 M and top 2 % is at 2.5 M. Top 1 % – 10.8 M of net worth.There are measurable reasons to own a home.Call. 

Bottom Line: Don’t Delay

Interest Rates Are Going Up – ACT NOW!

Key to Success: Preparation and Readiness. Let your the Realtor and the Seller know your commitment. It is the first step in turning your dreams into reality. For certain, don’t let the “All Cash buyer” be too concerning. Most Sellers often prefer the hands-on experience of a traditional Home Buyer. Homes are personal and families are part of the American heritage.

Bottom Line:

Call today and be ready for the home you want, today. 

Be ready today. A strong loan application is a winning attitude.

It strengthens your Realtors efforts in selling you and your offer 

to be the winning offer.Being “best” prepared is sound advice. 

Interesting News We Can Use

Forbearance and Foreclosures:Good News. Numbers remain very low – great for homeowners. Yet, if foreclosure is a your possibility, a new loan is possible.Not always pretty, but not if the priority is Saving your home. Let’s talk. Sooner the better.

Interest Rates:The short answer: Rates are up – likely moving even higher, near term. 

Conventional loans: Tracking into the 6’s again, as we retest recent highs. Cash-out refinance and investor loans run a bit higher. 

VA rates and FHA rates:If a Vet? Call today. Fixed rates in the high 5’s. Plus Veterans refi special: 1) Refi from conventional loan into a VA loan, and 2) Rate-reduction refi’s have NO income, NO asset documentation. NEW rule for Veterans, even a 1 % service related disability = NO VA funding fee ! Let’t talk. Please don’t miss out.

Jumbo Rates: 30-year fixed: 6’s. 5-year fixed then adjustable: High 5’s.

Builders Numbers: Headlines: New home sales contracts down 12.6 % in July. Yet, taking into account those ‘sold’ – but yet built – there is only a 1 month supply of ready to move-in new homes available. What’s missing? Only 10 % of the figure is actually built.

Employment –CoVid effect:Between 2 million and 4 million working-age Americans are not currently working due to “long” or variant Covid. This may help explain the US’ persistent labor shortage, as recently confirmed by the Brookings Institution. For perspective, 3 million workers is equivalent to 1.8% of the total civilian labor force. This number translates to $168 billion in lost annual earnings. With it, is a reduction in available supply, pressuring prices.

The Good, the Bad, And the Ugly

THE Good:Death form AIDS deaths, worldwide, fell to 650,000 in 2021 – down by more than 11% since 2019. While the struggle continues and huge challenges persist, it’s an extraordinary achievement, especially amidst two years of a global pandemic. The tens of thousands of activists, donors and healthcare workers made it happen. They deserve our recognition, especially as global media ignores this success – for whatever political reason.

THE BAD:Still Bad, but not all bad –- the imbalance between Supply and Demand. New Household formations continue at about 1.6 M homes, per year.  Yet, we are on track to complete only about 1.35 M new housing units.  This leaves a supply-side shortage that holds up pricing. 

THE UGLY:Be careful for what one may ask. For example, the continued naïve stance of ‘saving the environment’, without first asking – who pays. For California, such limited thinking of going all electric, overlooks the high potential of the unsuspecting, lower income families, bearing the burden and being left in the lurch. Where is the infrastructure? How about all the renters unable to afford electric vehicles. Let’s hope political ambitions will one day, be set aside for the benefit of all Californians. People, business, and money are leaving for a reason. 

Planning and Preparation 

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 bring our expertise and experience. Ours is 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 real estate options. 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 loans offering a full array of financing.

Residential / Commercial: We offer strong lenders and a complete package of lending options.

Tax-deferral strategies: Investment portfolio 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 orkeep 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. Let’s talk. 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. 


*To Work with you, finding best answers and solutions.


Being Straight Forward with No Short Cuts. 

Success begins with solidpreparation 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.

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