Learn what went on for the real estate market during Q1 2018. Existing, single-family home sales totaled 422,910 in February up 3.3% from January & 5.4% from February 2017. February’s statewide median home price was $522,440, down 1% from January & up 8% from February 2017. San Francisco, San Mateo, Marin, Santa Clara, Sonoma counties surpassed previous peak price to hit $1,730,000, $1,610,000, $1,371,000, $1,383,500, and $689,000. The unsold inventory index revealed that there was just a 2.5 month supply of homes in the market in December, the lowest monthly reading in 13 years. Median price in Los Angeles County increased 10.6%, while number of sales dropped 7.3%.

1. Current State of Real
Estate Q1 2018
By Ray Dipasupil
ray@rodeore.com
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2. HI, I’M RAY!
➢ Economics major, Accounting minor Degree from Loyola
➢ 7 years of fun with UX / Product Design & Front-End
engineering experience with companies across industries
including Rovi Technologies, Tata Consulting, Variety,
ABCMouse, Internet Brands, & 3D printing with
EEZITEC. Worked also as Financial Analyst with Disney
& Warner Music Group
➢ Realtor with Rodeo Realty focused on commercial &
residential properties, & investments.
Email: ray@rodeore.com
Linkedin: linkedin.com/in/raysspl/
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3. What is the Current State of the Real Estate Market?
Buying vs Renting? What matters to YOU?
Bonus: Real Estate Investing
Q&A, Networking
Agenda
Ray Dipasupil
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4. WHAT IS THE
CURRENT STATE OF
THE REAL ESTATE
MARKET FOR Q1 2018?
Ray Dipasupil
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5. Current State of the Real Estate Market
Short on supply & inventory, high on demand
Ray Dipasupil
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National Association of Realtors reported number of existing homes sold
in 2017 increased 1.1% from 2016 to the highest level in 11 years.

6. Current State of the Real Estate Market
➢ Existing, single-family home sales totaled 422,910 in February up 3.3% from January &
5.4% from February 2017.
➢ February’s statewide median home price was $522,440, down 1% from January & up
8% from February 2017.
➢ San Francisco, San Mateo, Marin, Santa Clara, Sonoma counties surpassed previous
peak price to hit $1,730,000, $1,610,000, $1,371,000, $1,383,500, and $689,000.
➢ The unsold inventory index revealed that there was just a 2.5 month supply of homes in
the market in December, the lowest monthly reading in 13 years.
➢ Median price in Los Angeles County increased 10.6%, while number of sales dropped
7.3%.
Ray Dipasupil
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7. ➢ Stocks close higher for the last week of February
➢ Most companies reported higher profits for the fourth quarter of 2017 and issued
positive guidance.
➢ Extremely tight inventory has caused prices to increase and has begun to cause
fewer sales.
➢ Mortgage Rates slightly lower - 30 year fixed mortgage rate average was 4.44%,
down slightly from last week’s 4.46%. The 15 year fixed was 3.90%, down from
3.94% last week. The 5-year ARM was 3.67%, up from 3.63% last week.
Current State of the Real Estate Market
Ray Dipasupil
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8. Who is Buying in California
Median Age: 45
Ray Dipasupil
Source: California Association of Realtors
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9. Who is Selling in California
Median Age: 45
Ray Dipasupil
Source: California Association of Realtors
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10. Tight Supply Pushed Home Prices ⅓ Sold Above Asking
Ray Dipasupil
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11. Market Competitiveness Up in 2017
6 out of 10 had Multiple Offers
Ray Dipasupil
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12. RENTING VS BUYING? WHICH ROUTE?
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13. RENTING & BUYING
AREN’T GOOD
OR BAD. IT DEPENDS
Ray Dipasupil
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14. Equally Convincing Arguments in Favor of Renting
➢ You own your house, but you pay quite a bit in interest and taxes.
➢ You get a place to live. It’s not wasted money.
➢ Buying has an opportunity cost—the amount you can invest and earn on the
down payment, taxes, insurance payments, and interest.
➢ Not liable for repairs, maintenance, or other issues that come up.
Ray Dipasupil
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15. Strong Arguments in Favor of Buying
● Paid off home is yours. You eliminate the expense of housing once
you’ve paid it off.
● If the home appreciates more than you’ve paid in mortgage, interest,
taxes, & maintenance over time, you’ve earned a return.
● Tax credits help offset some of the cost of homeownership.
Ray Dipasupil
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16. ➢ How long you’ll live in the home
➢ The cost of housing in the area
➢ The opportunity cost of taxes & insurance
➢ The opportunity cost of down payment
Factor Dependent, Case by Case Basis
Ray Dipasupil
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17. Or at least it should be… if structured correctly…
➢ Major consensus: Primary home is not an investment
➢ Investing myth is another valid argument against buying
➢ However...
A Home is Both a Purchase & an Investment
Ray Dipasupil
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18. Just because your home
isn’t a great investment
doesn’t necessarily make
it a bad purchase.
Ray Dipasupil
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19. ➢ American Dream of Homeownership but numbers have to add up
➢ Don’t buy a home & be house poor
➢ Buying a home for the sake of owning is pretty pointless
➢ Numbers & non-numerical numbers have to add-up, be pragmatic
➢ However… if you really have the financial means, it’s always a good
time to buy & invest in real estate
THE BOTTOMLINE
Ray DipasupilRay Dipasupil
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20. Many ways to invest within real estate
➢ Fix-n-Flips
➢ Buy & Hold
➢ Notes
➢ REITs
➢ Private Lending
Bonus: Real Estate Investing
Ray Dipasupil
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21. THANK YOU
NETWORKING, Q&A
RAY@RODEORE.COM
linkedin.com/in/raysspl/
Ray Dipasupil
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