Senate calls for Fed to lower rates; will the fed oblige?

Senate calls for Fed to lower rates; will the fed oblige?

  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 how...
Clearest sign yet commercial real estate is in big trouble

Clearest sign yet commercial real estate is in big trouble

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 for...
Realtors Reach Game-Changing Settlement in Home Buying and Selling

Realtors Reach Game-Changing Settlement in Home Buying and Selling

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 and sellers be impacted by the...
Will mortgage rates fall significantly in 2024?

Will mortgage rates fall significantly in 2024?

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 a much different picture.  Where do...
Lock in effect thawing: more houses coming on the market

Lock in effect thawing: more houses coming on the market

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?  What does this mean for real estate prices over...
Is inflation really coming down?

Is inflation really coming 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 fast as the consumer price index...