Proposal for National rent control, what does this mean for prices and supply, why are rents increasing

Proposal for National rent control, what does this mean for prices and supply, why are rents increasing

It is no secret that rent has skyrocketed throughout the country.  Nationally rental growth peaked at 17.45% year over year in March of 2022.  Some markets like NY and FL have exceeded over 31% rent growth annually. What are the three causes of huge jumps in rents?...
Supreme court rules against the national association of realtors, suit could rock the industry; why are pocket listings not allowed?

Supreme court rules against the national association of realtors, suit could rock the industry; why are pocket listings not allowed?

  I’m usually skeptical that lawsuits will totally alter an industry but the recent suit against the National Association of realtors, various multiple listing services, and many large real estate brokerages could be a bombshell.  The U.S. Supreme Court on Monday...
30 year mortgage rates plummet, will they return to pandemic lows

30 year mortgage rates plummet, will they return to pandemic lows

It has been a wild ride in the treasury market.  Rates spiked to 7.5%, but recently have plummeted back to below 6%? Now they are rising again.  What does this mean for real estate sales?  Will the lower rates be enough to turn around the slowing market?  Will rates...
Commercial property prices slide 13% from peak, biggest since 08, where do prices go from here?

Commercial property prices slide 13% from peak, biggest since 08, where do prices go from here?

US commercial real estate prices have plunged 13% from a peak this year, the biggest drop since the global financial crisis of 2008.  What is causing the decline in commercial property prices.  Is this a blip or will the slide in commercial property prices worsen in...
2023 real estate predictions: Mortgage rates come off their highs. Does a recession happen in 23?

2023 real estate predictions: Mortgage rates come off their highs. Does a recession happen in 23?

I hope everyone is having a happy holiday season.  Before getting into my predictions for next year, there are three crucial factors to discuss that will shape the real estate market in 2023 and beyond: Interest rates, inflation, and consumer sentiment. All three are...
4 big changes to real estate in 2023.  Where will the opportunities be?

4 big changes to real estate in 2023.  Where will the opportunities be?

There is definitely allot of doom and gloom heading into 23 with interest rates double their lows, inventory increasing, and prices coming off their highs. In every cycle there will be winners and losers. Where will the real estate opportunities be? Are their certain...