Prices drop 6%, what comes next?  Are you ready for a real estate reset?

Prices drop 6%, what comes next?  Are you ready for a real estate reset?

One of the world’s bubbliest real estate housing markets is tilting from sellers to buyers with dizzying speed. Canadian home prices fell for the first time in two years as a rapid rise in interest rates looks set to threaten one of the world’s hottest housing...
Interest rates soar; property prices continue to rise;  Game of Musical chairs has stopped

Interest rates soar; property prices continue to rise;  Game of Musical chairs has stopped

The average time someone spends in a home has increased from 8.7 years in 2010 to over 13 years in 2020; a whopping 50% increase.  How is this impacting house prices?  What caused the “break” in the game of musical chairs leading to the inventory shortage? How are...
Fannie/Freddie no longer fund 2nd mortgages; Big changes to mortgage fees on borrowers

Fannie/Freddie no longer fund 2nd mortgages; Big changes to mortgage fees on borrowers

  The federal housing finance agency (FHFA), the largest buyer of mortgages through Fannie Mae and Freddie Mac (Fannie/Freddie), announced huge changes to there fee structure.  In particular they are targeting high cost loans with big jumps for second...
Used car prices predicted to drop 30%, when? Impact on economy and real estate

Used car prices predicted to drop 30%, when? Impact on economy and real estate

Who would have ever thought that used car prices would increase?  A 10 year old car has appreciated 94% since the pandemic supply chain woes occurred.  Unfortunately, what goes up will come down.  When will the used car bubble pop?  Why is the outcome of the auto...
Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market.

Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market.

Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market. Redfin, the darling of the real estate market the last several years  has plunged 45% over the last year.  At the same time numerous analysists are downgrading the...
Housing party coming to an end, what does this mean for values; the bears have awoken

Housing party coming to an end, what does this mean for values; the bears have awoken

Gary Shilling, the author of the Case-Shilling real estate index, accurately predicted the last real estate bust.  He has come out with recent predictions that throw a cold towel on how this housing cycle ends.  Are we at a bear market or a peak in real estate?  Where...