7% Is Back. Now What? Rates, a Fed Hike, the Investor Ban & SoCal's Market
Mortgage rates just hit their highest level in three years, the Fed looks set to hike again in December, and Washington is about to stop big investors from buying single-family homes. Joe Homs and Alex Barnett go hosts-only this week to break down what's actually happening in real estate and what it means for you. In this episode: - Rates and the Fed: the 30-year fixed at 7.32% (Freddie Mac, Oct 22), next week's Fed meeting, and why every economist in a Reuters poll expects a December hike - The national market: inventory up 7.7% from a year ago, pending sales at a record low, and buyers finally getting leverage - Southern California: Orange County's $1.48M median, LA sales down nearly 11%, and whether OC is "crash-proof" - Investors and flippers: flip margins down to 21.5%, and the new federal rules banning investors with 350+ homes from buying more starting Jan 7, 2027 - California insurance: the FAIR Plan's 29.1% rate hike and why insurance may now be the #1 deal killer - Our reactions to the hottest housing takes on YouTube, plus your live questions Sources mentioned: Freddie Mac PMMS: https://www.freddiemac.com/pmms NAR Existing-Home Sales: https://www.nar.realtor/newsroom/existing-home-sales-increased-1-5-in-september-according-to-nar-report Realtor.com: https://www.realtor.com/news/trends/mortgage-rates-drop-today-october-22-2026/ ATTOM Home Flipping Report: https://www.attomdata.com/news/market-trends/flipping/home-flipping-profits-continue-gradual-two-year-decline/ Treasury investor rule: https://www.realtor.com/news/real-estate-news/treasury-rules-institutional-investor-homebuyers-regulation/ California FAIR Plan rate hike (KQED): https://www.kqed.org/news/12094860/california-fair-plan-announces-29-1-rate-hike-for-homeowners-this-fall Join us at the OC Real Estate Investor Meetup (OCREIN): https://ocinvestormeetup.com This video is for education and entertainment only. It is not financial, legal or tax advice. Reach out to Joe and Alex! Joe Homs (The Experienced Investor) ➡️ http://www.joehoms.com ➡️ http://calendly.com/joepellego ➡️ joe@joehoms.com ➡️ Instagram.com/joehoms ➡️ Youtube.com/joehoms Alex Barnett (The New Investor) ➡️ https://calendly.com/AlexREI ➡️ Alex@trustinghouse.com ➡️ Instagram.com/thisisalexbarnett ➡️ youtube.com/@thisisalexbarnett A Real Estate Investing Podcast. Join Joe Homs (The Experienced Investor) and Alex Barnett (The New Investor) as they share market insights and investing advice. From flipping to rentals, from mobile homes to multifamily! For investors with all experience levels. Joe is Realtor, Investor, and Mentor with over 40 years experience. Full Time Real Estate Professional, house flipper and a mentor to many of his clients. He is here to help you get top dollar for your home or get you the best price for a home that you are going to live in. He has over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. He have sold over 600+ homes in the last ten years alone. He is a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. Alex has been investing in real estate since 2021. He found a niche in the affordable housing space. He flips mobile homes in Southern California and buys co-living properties nationwide.
