Recession, Housing (and wine)

Mortgage and Lending with HomeBridge Financial Services (NJ) NMLS 248937


Product Spotlight:  Our Simple Access Cash Flow program is here to help your investors! With skyrocketing rents, it is very likely that investors can buy homes with positive cashflow and our investor program will ONLY look at the PITI verses the market rent…  If the property carries itself that is the only income qualifier. Of course, we will still need to run credit and verify assets. This cannot be used for first time buyers or for someone that doesn’t currently own a primary home.


Recession: Based on current indicators it is very likely we will see a recession in the next year or so. 1st quarter GDP is already an indicator as is the inverted yield curve. While Recession can be a very bad word for some industries it is historically good for Real Estate. A recession has NEVER caused housing prices to drop, in fact, housing has increased in value during recessions. Another bonus: Rates will come back down if we go into a recession which will make housing more affordable and offer your current clients the ability to refinance soon. So, if you hear your clients mention the “R” word you can let them know the benefits of buying now- continued appreciation and the strong possibility of lowering their mortgage payment with a refi. Building equity for yourself is much better than paying your landlord’s mortgage!

Housing prices: It is going to take a few million extra housing units to magically appear to satisfy the demand, because of this pure supply/demand issue it is very unlikely prices will drop. Yes, it will normalize and in some markets it may settle just a little, but there will not be a bubble pop w/o excess inventory.


WINE TIP: Everyone has liked this more than the “mortgage fun” so I’m sticking with it! I don’t drink a lot of wine in the summer, but if you are a fan of dry whites a good choice would be a dry Riesling, and we have some East Coast Rieslings that will stand up to some major German producers. Try Hermann Wiemer Vineyards in the NY finger lakes, you will be pleasantly surprised… pair it with some fresh oysters.

I’d be happy to put my 30+ years of experience to work for you 

Robert Rauf 
Mortgage Loan Originator NMLS# 248937 
or my blog: 
Office: (732)908-4868  Cell (732)740-0175

Since 1987 I have been helping my clients fulfill their dream of home ownership! HomeBridge Financial Services, Formerly REMN, HomeBridge Financial Services is located at 9 Grand Ave, Building 2 Suite A Toms River, NJ 08753. NMLS #6521. New Jersey Licensed Lender and Mortgage Banker #L041053. Visit or for more information. NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755, Brick NJ 08723, Brick NJ 08724 Mortgage in Ocean County NJ, Mortgage in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731, Lacey 08731 08734, Beachwood 08722 Bayville 08721, 

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