In the past, many people have believed that rising interest rates are a very bad thing for the real estate market. After all, who wants to pay more interest on the money they borrow to buy houses, right? However, this isn’t entirely true. As of April 21, 2022, the average mortgage rate is at 5.15% This may be alarming as a sudden rise is observed in the past weeks. But, Mortgage historical data shows that at 5%, we are still remarkably low compared to the previous years leading up to the pandemic, And a mortgage today with a fixed rate for the next 30 years is still considerably cheaper than historical comparisons, Thus buying a property now is still at a bargain considering the inevitable growth of the overall U.S market in the next years. Listen in as our experts discuss what is happening with rates in the current real estate market!

If you have poor credit but still want to get a mortgage, adding a non-occupant co-signer to your loan can help you qualify for financing. But the decision to co-sign on a loan or add one to your mortgage isn’t one you should make without knowing all the facts. So what is a co-signer? A co-signer is someone who agrees to take on the financial responsibility of the primary borrower’s loan if they can no longer make payments, and is usually a family member, friend, spouse or parent. In this episode our guest speakers go over their experience with utilizing a co-signer and what you should know before venturing down that avenue!

Central Bank hosted a meeting where they invited Natalie Gochnour, who is an Associate Dean in the David Eccles School of Business and Director of the Kem C. Gardner Policy Institute at the University of Utah, to speak upon economic insights for Utah in 2022. Natalie also serves as the chief economist for the Salt Lake Chamber. In this episode our two hosts, Clay Winder & Hayden Hewlett, break down all the information Natalie discussed. Utah is an amazing place to live. We’re growing at an exponential rate. But there is no way to predict what exactly is in store for the future but we hope this podcast helps you understand where we are currently headed for the time being. At the end of the day, every situation is different and if you are curious what makes the most financial sense for you and your family, reach out to us! We would love to have you sit down one on one, with one of our real estate wealth advisors to map out your specific financial game plan. Thanks for listening!  Blog Post with Detailed Information & Charts!

Why does the current housing market feel like you are on a roller coaster ride in a fun house you might ask? Well currently there are 300,000 (ish) active listings in the US. For the market to be "balanced" we need around 1.5m. That's like walking into the grocery store and 80% of the shelves are empty. Interest rates will see 3 hikes in 2022. Roughly 1% of interest is equivalent to 10% of price when it comes to your monthly payment. We are actually seeing people who purchased just LAST YEAR make a SIZABLE amount of equity in their homes should they need to sell this quickly.  If you are on the fence, it is time to get off and make your move BEFORE the various rate hikes! In this episode, Clay Winder sits down with our very own young investor, Jordan Larsen, to talk about why you should buy now and wait instead of waiting to buy.

Whether you’re buying a home using a mortgage, refinancing your existing mortgage, or selling your home to anyone other than an all-cash buyer, a home appraisal is a key component of the transaction. If you’re a buyer, owner, or seller, you’ll want to understand how the appraisal process works and how an appraiser determines a home’s value. In this podcast episode we sit down with Jeff Pierson, who has been a home appraiser for over 20 years. Listen in as Jeff goes over important factors that you need to know when it comes to home appraisals. 

In this week's episode we sit down with Tanner Jones. Tanner currently works at Arrive Homes and has been working in the real estate industry for several years. We asked Tanner to serve as a guest speaker as he recently just completed building his home on his own. In this episode he goes over his journey in building his dream home from the ground up and what the pros and cons were to building your own home. Listen in!

A title company acts as the controller of the closing process and the provider of title insurance. Title companies help people finalize their mortgages and transfer property from seller to buyer. This week's special guest speaker, Bergundy Lowe, has been working as an Escrow Officer for several years at Real Advantage Title. Her vast experience within real estate has given her special insight on the home buying process. Listen in as she explains the many moving parts of how title works!

Welcome to Season 2 of the Red Sign Podcast! This season we are going to focus on the real estate investing journey of different individuals. Our goal is to show you that no two paths are the same. We will also be interviewing industry experts to give you an inside scope on what's happening in our industry and future changes you should be aware of as an investor.  In this first episode with sit down with Mike Shehan, Executive Finance Manager of IntroLend. IntroLend is a fully-operational, agent-owned mortgage company. They are dedicated to providing you with the safe, easy to use tools, and information you need to manage your personal finances. Mike goes over his vast experience of working in the real estate industry as well as his personal investing journey. 

In this episode we do a quick rewind on what 2021 has looked like for the Red Sign Podcast! We also give you a hint for what you can expect for Season 2 starting Wednesday, January 5th!

A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is $647,200 in most counties, as determined by the Federal Housing Finance Agency (FHFA). Homes that exceed the local conforming loan limit require a jumbo loan. So what do you need to know about a Jumbo Loans? Listen to this episode for all the details!