Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
An easy week this week for a lot of folks.
They're going to be traveling, taking time off from work
into Thanksgiving. We role and joining us now Royalneil will
get to Thanksgiving warnings with plumbing and traveled sot to
be good. But first, roy more than half of the
homes of the United States now have lost value over
the past year. What's going on?
Speaker 2 (00:18):
Yeah, Well, this is what we're seeing with a lot
of homes and prices coming down simply because a lot
of Americans can't afford them. There are other outlying factors insurance, namely,
and that may be part of the reason we're seeing
big disruptions in the housing market in Florida and in
California as well. All those natural disasters are driving up
your monthly homeowners insurance to one thousand dollars a month
(00:41):
is pretty average, and that's just pricing out a lot.
Speaker 3 (00:44):
Of would be buyers.
Speaker 2 (00:45):
But we're also seeing places like Denver and Austin, Texas
take real big housing hits after really explosive growth over
the past decade.
Speaker 1 (00:54):
Well, I got to tell you what that happening. And
now the inventory slowing down a little bit too, is
what I'm hearing.
Speaker 3 (00:59):
In a lot of places.
Speaker 1 (01:00):
Is there are high expectations from area you know, realtors
that I've talked to that after the first of the year,
things are going to start to spark up again with
rates looking pretty.
Speaker 3 (01:09):
Good, well right, and that is the other things.
Speaker 2 (01:12):
I think a lot of buyers are looking forward to
that if we can finally see these rates coming down.
My personal opinion, I think psychologically, if we can get
it below six percent, even if.
Speaker 3 (01:22):
It's five nine, nine or five ninety five, people.
Speaker 2 (01:24):
Will feel better about Well, if I'll give up my
three and a half percent mortgage that I've had for
twelve years, now is the time to upgrade. It's not
that much more, and I'll use the profit from the
old house to the new, you know, so I can
make the same payment.
Speaker 3 (01:36):
Whatever it is. More and more people, though, will start
doing that math.
Speaker 2 (01:39):
I think psychologically, just seeing the number over six is
a barrier.
Speaker 1 (01:43):
Yeah, one hundred percent, but I think they're pretty optimistic.
We may see the upper fives, you know, next spring.
So hanging night working, we're going to make the turn
soon here, all right. I got to ask you what's
going on here? Thanksgiving warnings plumbing and travel obviously, the
travel situation. What's the warning there, Yeah.
Speaker 3 (02:00):
Well, just heads up about really the travel.
Speaker 2 (02:03):
The Thanksgiving travel period began on Friday, so the roads
are going to be a lot busier. Airports, of course,
a lot busier. The peak day of obviously is going
to be on Wednesday, next Sunday. Th ough nothing to
sneeze at. We all talk about everyone leaving, but we
rarely all recognize that everyone is rushing home Sunday night
to get ready for Monday. So just a word to
(02:23):
be careful and plan accordingly. Maybe leave as early as
you can for that return trip on early Sunday morning to.
Speaker 3 (02:30):
Try to beat the crowds.
Speaker 2 (02:31):
But we are expecting a record number of travelers, even
after the disruptions caused by the government shutdown.
Speaker 1 (02:37):
Yeah, they're saying close to eighty million people are going
to be out there, seventy three million or so, seventy
four million out there on the roads, and another six
or seven million flying the friendly skies. And I think,
as our Transportation secretary was pushing, the key word is
patience and be nice yet.
Speaker 2 (02:55):
And respects, respect and civility and rights exactly.
Speaker 1 (02:59):
So all it seems to be not only a busy
travel day, but a busy plumbing day. What is going
on with Oh my god?
Speaker 2 (03:06):
Yeah, well, I know I hate to talk about this,
but USA Today did a big story about it, graphics
and all.
Speaker 3 (03:11):
With brown Friday.
Speaker 2 (03:14):
Apparently Friday is a big day for people to call
the plumber on an emergency call. Let's face it, we
put a lot of strain and stress on our house
infrastructure this week, you know what I'm saying, Whether there's
company over or you're visiting other friends and there's a
line at the bathroom and the kitchen is jammed up
and crowded.
Speaker 3 (03:33):
Actually, the Brown Friday is.
Speaker 2 (03:35):
More of a reference to what can happen to the sink,
So just be careful about what you're putting down the
drain because that can come back and haunt you. For
Brown Friday, they measure actually significant increases in Google searches
for twenty four to seven plumbers and emergency plumbers, all
happening on the day after Thanksgiving. So don't be putting
the turkey and the bones and the disposal. Don't be
(03:56):
putting potatoes and potato skins down there either.
Speaker 3 (03:59):
That's the one that surprises people.
Speaker 2 (04:01):
Celery or fibrous vegetables, eggshells, and of course no grease
down the kitchen. Think either, don't waste all that money
on Brown Friday, spend it on Black Friday and buy
stuff for Christmas.
Speaker 1 (04:12):
Wait a minute, back up, on the eggshells, that's a
warning too, no eggshells at the disposal.
Speaker 2 (04:17):
Eggshells can break into small pieces that can accumulate in
pipes and contribute to blockages over time, especially when combined
with grease.
Speaker 3 (04:25):
That's according to USA Today.
Speaker 1 (04:27):
I get the grease thing, and I've certainly had a
plumber come to my place on the potatoes skin thing
before and that, Wow, that's a doozy. I did not
know about eggshells.
Speaker 3 (04:36):
I will stop that now. I mean no coffee ground.
No coffee grounds either. No, I don't do that either.
Speaker 1 (04:42):
But I thought you were going Brown Friday down the
hallway in the right No.
Speaker 2 (04:47):
Yep, you're okay, okay, good, But you could still you know,
make sure you know where the turnoff valve is and
things like that, and maybe not a bad idea to
just poke around things before the guests arrived.
Speaker 1 (04:59):
Be gentle on your pipes, and you know, to yourself
and the rest of the house, all right, Thank you
roy I appreciate you,
An easy week this week for a lot of folks.
They're going to be traveling, taking time off from work
into Thanksgiving. We role and joining us now Royalneil will
get to Thanksgiving warnings with plumbing and traveled sot to
be good. But first, roy more than half of the
homes of the United States now have lost value over
the past year. What's going on?
Speaker 2 (00:18):
Yeah, Well, this is what we're seeing with a lot
of homes and prices coming down simply because a lot
of Americans can't afford them. There are other outlying factors insurance, namely,
and that may be part of the reason we're seeing
big disruptions in the housing market in Florida and in
California as well. All those natural disasters are driving up
your monthly homeowners insurance to one thousand dollars a month
(00:41):
is pretty average, and that's just pricing out a lot.
Speaker 3 (00:44):
Of would be buyers.
Speaker 2 (00:45):
But we're also seeing places like Denver and Austin, Texas
take real big housing hits after really explosive growth over
the past decade.
Speaker 1 (00:54):
Well, I got to tell you what that happening. And
now the inventory slowing down a little bit too, is
what I'm hearing.
Speaker 3 (00:59):
In a lot of places.
Speaker 1 (01:00):
Is there are high expectations from area you know, realtors
that I've talked to that after the first of the year,
things are going to start to spark up again with
rates looking pretty.
Speaker 3 (01:09):
Good, well right, and that is the other things.
Speaker 2 (01:12):
I think a lot of buyers are looking forward to
that if we can finally see these rates coming down.
My personal opinion, I think psychologically, if we can get
it below six percent, even if.
Speaker 3 (01:22):
It's five nine, nine or five ninety five, people.
Speaker 2 (01:24):
Will feel better about Well, if I'll give up my
three and a half percent mortgage that I've had for
twelve years, now is the time to upgrade. It's not
that much more, and I'll use the profit from the
old house to the new, you know, so I can
make the same payment.
Speaker 3 (01:36):
Whatever it is. More and more people, though, will start
doing that math.
Speaker 2 (01:39):
I think psychologically, just seeing the number over six is
a barrier.
Speaker 1 (01:43):
Yeah, one hundred percent, but I think they're pretty optimistic.
We may see the upper fives, you know, next spring.
So hanging night working, we're going to make the turn
soon here, all right. I got to ask you what's
going on here? Thanksgiving warnings plumbing and travel obviously, the
travel situation. What's the warning there, Yeah.
Speaker 3 (02:00):
Well, just heads up about really the travel.
Speaker 2 (02:03):
The Thanksgiving travel period began on Friday, so the roads
are going to be a lot busier. Airports, of course,
a lot busier. The peak day of obviously is going
to be on Wednesday, next Sunday. Th ough nothing to
sneeze at. We all talk about everyone leaving, but we
rarely all recognize that everyone is rushing home Sunday night
to get ready for Monday. So just a word to
(02:23):
be careful and plan accordingly. Maybe leave as early as
you can for that return trip on early Sunday morning to.
Speaker 3 (02:30):
Try to beat the crowds.
Speaker 2 (02:31):
But we are expecting a record number of travelers, even
after the disruptions caused by the government shutdown.
Speaker 1 (02:37):
Yeah, they're saying close to eighty million people are going
to be out there, seventy three million or so, seventy
four million out there on the roads, and another six
or seven million flying the friendly skies. And I think,
as our Transportation secretary was pushing, the key word is
patience and be nice yet.
Speaker 2 (02:55):
And respects, respect and civility and rights exactly.
Speaker 1 (02:59):
So all it seems to be not only a busy
travel day, but a busy plumbing day. What is going
on with Oh my god?
Speaker 2 (03:06):
Yeah, well, I know I hate to talk about this,
but USA Today did a big story about it, graphics
and all.
Speaker 3 (03:11):
With brown Friday.
Speaker 2 (03:14):
Apparently Friday is a big day for people to call
the plumber on an emergency call. Let's face it, we
put a lot of strain and stress on our house
infrastructure this week, you know what I'm saying, Whether there's
company over or you're visiting other friends and there's a
line at the bathroom and the kitchen is jammed up
and crowded.
Speaker 3 (03:33):
Actually, the Brown Friday is.
Speaker 2 (03:35):
More of a reference to what can happen to the sink,
So just be careful about what you're putting down the
drain because that can come back and haunt you. For
Brown Friday, they measure actually significant increases in Google searches
for twenty four to seven plumbers and emergency plumbers, all
happening on the day after Thanksgiving. So don't be putting
the turkey and the bones and the disposal. Don't be
(03:56):
putting potatoes and potato skins down there either.
Speaker 3 (03:59):
That's the one that surprises people.
Speaker 2 (04:01):
Celery or fibrous vegetables, eggshells, and of course no grease
down the kitchen. Think either, don't waste all that money
on Brown Friday, spend it on Black Friday and buy
stuff for Christmas.
Speaker 1 (04:12):
Wait a minute, back up, on the eggshells, that's a
warning too, no eggshells at the disposal.
Speaker 2 (04:17):
Eggshells can break into small pieces that can accumulate in
pipes and contribute to blockages over time, especially when combined
with grease.
Speaker 3 (04:25):
That's according to USA Today.
Speaker 1 (04:27):
I get the grease thing, and I've certainly had a
plumber come to my place on the potatoes skin thing
before and that, Wow, that's a doozy. I did not
know about eggshells.
Speaker 3 (04:36):
I will stop that now. I mean no coffee ground.
No coffee grounds either. No, I don't do that either.
Speaker 1 (04:42):
But I thought you were going Brown Friday down the
hallway in the right No.
Speaker 2 (04:47):
Yep, you're okay, okay, good, But you could still you know,
make sure you know where the turnoff valve is and
things like that, and maybe not a bad idea to
just poke around things before the guests arrived.
Speaker 1 (04:59):
Be gentle on your pipes, and you know, to yourself
and the rest of the house, all right, Thank you
roy I appreciate you,
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