The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one of the leading drivers of real estate prices. How true is this statement? Will the new commission structure for realtors…
As suspected the March consumer price index came in hotter than expected which should be no surprise to anyone buying groceries, going out to eat, or traveling, everything is considerably more expensive and there continues to be insatiable demand. What…
According to everything I’ve read, the economy is humming along. Economic growth is good, the labor market is healthy, and a soft landing is all but inevitable. At the same time lenders are acting polar opposite of what we should…
The market currently has a fixation on interest rates. Senators are now jumping on the bandwagon pushing the federal reserve to “immediately” cut rates to help the real estate market and affordability. Unfortunately, the senators do not fully grasp…
Foreclosures are surging in a risky corner of commercial real-estate finance, offering one of the most profound signs yet that turmoil in the commercial property market is just beginning. Lenders this year have issued a record number of foreclosure notices…
Big changes to how real estate has been bought and sold are scheduled for July. Why is this settlement the most groundbreaking change in real estate since the internet. What is in the most recent settlement? How will home buyers…
When I was writing this article rates were hovering right around 7%. At the same time economists are predicting a sharp decline in mortgage rates and a booming 2024 real estate market. On the other hand, the chart above shows…
There is a theory that locked in low mortgage rates will force owners to stay in their houses. This has led to a huge shortage of inventory throughout the country. Why is the “lock in effect” starting to wind down? …
We have heard a ton of good news recently regarding inflation. Inflation has come down dramatically from its peak and the market is pricing in almost a 100% probability of an elusive soft landing. Is inflation really coming down as…
Soft Landing base case, impact on real estate Every realtor newsletter I have received predicts an increase in sales and a great real estate market is 2024 due to lower mortgage rates. Will this come to fruition? Will we have…