Doug Jones's (dougj) Blog

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Mortgage and Lending - Mortgage Magic
RECENT BLOG POSTS
I wrote a blog in 2013 about the Scout Law being a Fantastic Sales Law for Realtors and Mortgage Lenders. Going into 2024 I see the world as a sad place and am starting to work on me and my goals toward what is really important to me and what I want to (and need to ) improve on. The Boy Scout La...
12/08/2023
The Pandemic is over. The economy is settling .Maybe not as good as we would like but it is settling. Mortgage rates and getting to a number that will encourage some people to start to start the buying process. So how can a Realtor or a Mortgage Lender get started to attract business again ?  Per...
12/06/2023
If you count the Friday after Thanksgiving as a business day, mortgage rates had fallen for 6 straight days as of yesterday afternoon.  Moreover, they'd reached the lowest levels in 3 months and had put an impressive amount of distance between themselves and the highs seen just over a month ago.I...
12/01/2023
Ah, the eternal question for first-time buyers: Single-Family Residence (SFR) or a condo? Well, the answer really depends on personal preferences and lifestyle. Let's explore both options:A Single-Family Residence (SFR) offers more privacy and independence. You'll have your own standalone home wi...
12/01/2023
I don't know if this is a true story or not but it was told to me by an attorney friend back around  2008-2010. The market had crashed and I had monthly expenses of approximately $120,000 each month and income dropped to $10,000 and some months zero. The pressure was horrible and I wanted to eith...
11/15/2023
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I opened Mortgage Magic on April Fools Day 1990. It started in a bedroom and within 2 months I had a small office and a part time employee who helped me with all of the things to do to get a company going. Six months later a bank contacted me and asked me to be a direct lender and I told them tha...
11/14/2023
I am  new to AI but a technical up to date person in our office put an AI chatbot on one of my marketing pages. I had not paid attention to the chatbot but yesterday a TV new host called me and asked a question about interviewing a Realtor in Iowa. I referred him to the chatbot and he called back...
11/13/2023
I am making a commitment to myself to keep up to date on the San Jose, Ca real estate market. It seems I only pay attention to the market when I am actively seeking to find a home for a buyer or posting a listing. Here goes. Not a lot at the start. Today there are 326 single family homes listed. ...
11/08/2023
Hard times for Mortgage Brokers was the headlines for the San Jose Mercury News, January 26, 2008. We are again "right sizing" our office space and expenses and I found the newspaper. The article brought back old times which are again current times. Here is the article that shows a repeat of hist...
10/10/2023
Hi AI (at Dougknowsrealestate.com  - click on the chat box on the bottom right to ask a question)  What do Realtors need to do to make Home Sellers Happy?Realtors can make home sellers happy by providing excellent service and achieving their goals in selling their homes. Here are a few ways they ...
09/15/2023
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Doug Jones

Mortgage Broker - NMLS 286668
smartphone(408) 209-6773
smartphone(408) 209-6773
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