J&B Real Estate Buyers

06/23/2023

The trend continues…

New Redfin data on U.S. home prices shows that costs are finally retreating and buyers paying less than last year in coveted markets.

06/15/2023

Home foreclosures are on the rise just in time for the highest interest rates in 15 years. After the summer there will likely be a surge of inventory!

Adjusted for inflation, incomes for U.S. workers remain below their pre-pandemic highs as elevated costs for goods and services linger.

06/11/2023

The housing market is really cracking and in the process of falling apart!

If you have been waiting for prices to drop to buy a house, 2023 could be your year. However, the fall in housing prices doesn't bode as well for current homeowners -- or the overall U.S. economy....

05/29/2022

Longer days on market and more inventory means the market is rapidly shifting to a sellers market. Some say crash, some say the market is normalizing.

Either way I you need to sell quickly it will be much harder and you are probably going to have to sell at a discount.

Let us make you an offer before the market sh*ts or crashes!

With home sales slowing and mortgage rates rising, home sellers are starting to worry that the red-hot housing market is over.

04/10/2022

All thr signs are there. Investors are waking up and lowering their offers. If you have been thinking about selling your property, let us make you an offer before the bubble pops!

https://lm.facebook.com/l.php?u=https%3A%2F%2Fwww.foxbusiness.com%2Freal-estate%2Fhousing-market-cant-possibly-sustain-itself-real-estate-agent-warns%3Fcmpid%3Dfb_fbn&h=AT0nnX0RknV4JlD_3YWTSxirKH1VJCYjwAdPoS-qY5oM64X9a6jg5jE-rqLJiyOjpvcvkPgs_HZB2XozFPTBWuSwdcoHisLvqB9KLO_6A3-eX9d1TN7Kkr71LjRjv3ULineeX_q1nZhhJukp

Redfin real estate experts warn of a hosuing bubble if high prices and demand rise with mortgage rates.

11/03/2021

It's starting... the housing market has peaked and as big companies realize they are losing money on homes they are going to liquidate their inventory causing a massive crash. Zillow is the first to sell over 7,000 homes. Many, many more to come.

If you want to capitalize on high home prices now, message us to get a no pressure offer.

Zillow said Tuesday that it's winding down its homebuying unit, which competes with Opendoor.

09/19/2021

Things are really starting to turn. Prices have reached a point where people just aren't willing to buy. If you need to sell your property give us a call. We can make a fair offer and close fast. Our whole process can take as little as 2 weeks from offer to close!

economics Americans Haven’t Been This Down on Housing Market Since 1982 By Jordan Yadoo September 17, 2021, 1:42 PM EDT U.S. Consumer Sentiment Rises as Buying Conditions Deteriorate LISTEN TO ARTICLE1:16SHARE THIS ARTICLEShareTweetPostEmail The last time Americans were this turned off by the U.S....

08/31/2021

Our hearts and prayers are with Louisiana right now. They need all the help they can get but please send help through an established organization. Unfortunately there are those that would take advantage of others in times like these.

08/20/2021

Why not just list my house with a realtor?

This is a question we get a lot and here are our top 5 reasons.
1. When you list your house on the open market with an agent, you as the seller end up paying 6% of the sales price in commissions and another 3% in closing costs to the title company.

When you sell directly to us, there are no commissions and we pay all the closing costs.

2. When using an agent, you never talk to the buyer. Sometimes this is good but when you have to talk to your agent, who talks to the buyers agent, who talks to the buyer, there can be a lot lost each step. This can lead to misunderstandings and hurt feelings causing the sale to fall apart, often at the last minute.

When you work with us, we are the buyer. If you have a question, don't understand something, or don't like something you just have to ask. No extra egos involved.

3. If your house needs repairs it may not qualify for a traditional loan. This means that you are going to have to pay to make the repairs before it sells, or sell to an investor/cash buyer. Most realtors are not used to working with investors and are unable to get the deal closed. This can drastically lengthen the time it takes to sell your house.

We don't use traditional financing to buy our properties so we can fast no matter how much repairs are needed. In fact, we specialize in buying properties that need a lot of repairs.

4. It can take a lot longer to sell your house. A lot of agents say they can sell your house in 1 or 2 days but what they really mean is they can get an offer in 2 days. Usually though, the house does not sell and you don't get your money until 30 days later.

We can close fast. One house we closed on in less than 7 days from the first time we went and looked at it. As long as the title company can get clear title, we can usually close in 15 days or less.

5. Selling to us is simpler. There is not bunch of back and forth between agents asking for price reductions after the inspection, or last minute "concerns" from the buyers.

We write you an offer for the house as is. Unless a very serious issue comes up (like the foundation is cracked) that we can't see when we walk the property, we won't come back to you asking to come down on the price.

Those are the top 5 reasons to sell to us vs. using a realtor. If you have any questions, feel free to reach out via call, text, or even FB Messenger!

08/13/2021

GETTING SCREWED OUT OF $40,000?
Do you know what a wholesaler is?
A wholesaler is someone who gets a house or piece of real estate under contract at a steep discount, then turns around and "sells" that contract to someone else for a profit (they are also the people blowing up your phone asking to buy your house).
When I started buying real estate I bought a house from a wholesaler. I didn't know it at the time but she had the house under contract for $60,000 and I bought it from her for $100,000 dollars. She made $40,000.

I later found out from the neighbor that the owner of the house was desperate to sell and couldn't afford to make the payments or fix up the house. I felt terrible for him. If you have seen some of my other posts you know I have been in his shoes before. I felt like the owner got screwed out of $40,000. That money could have changed his life. The house was a good deal for me at $100,000 even with all the repairs I had to make, but I wish I could have bought strait from the owner.

If you have an offer from another investor call me and give me the chance to make you a better offer. I am NOT a wholesaler. I am the end buyer so I can almost always get you a better price. You still won't have to fix up the house or pay any commissions or closing costs. The only difference is you will have a bigger check.

08/04/2021

Home sales are slowing. A market downturn is coming. Prices have reached the highest the market will tolerate and as interest rates rise, houses become less affordable. Let J&B Real Estate Buyers make you an offer before the market crashes.

https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.cnbc.com%2F2021%2F07%2F29%2Fpending-home-sales-drop-in-june-.html&h=AT3YhbBA0lmXQ2tF9m9yjjmZLVIGDPMNbeOV5_FdoBktsPClkVgjg44t9qGIA9fMORW_MNnfi32i6t9GMp_fOkL84X9n8Eb69B7xXKYpb5RJvuYuK53ldpNHsfNURIE1&s=1

After rising in May, signed contracts on existing homes fell in June due to sky-high prices.

07/28/2021

With foreclosures starting again in in 3 days and a lot of pressure on the Federal reserve to raise interest rates, many experts agree a real estate crash is looming. Don't get stuck with a property that is dragging you down. Let us give you a real offer to buy your property at no cost to you. We can often close in as little a 15 days. No high pressure sales tactics. Our goal is to find a price that works for you.

Lawmakers are warning that the central bank’s vast purchases of government debt are feeding financial bubbles.