2022 real estate predictions: Mortgage payments rise 50%.

2022 real estate predictions: Mortgage payments rise 50%.

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 2022 and beyond. Interest rates, inflation, and where the pandemic goes from here....
Investors purchase record number of homes, what does this mean for values?

Investors purchase record number of homes, what does this mean for values?

Real estate investors spent a record $63.6 billion to purchase homes in the third quarter, up 78% from a year earlier, with an intense housing shortage fueling their returns, according to a Redfin report published on Monday.  “Investors are expecting rents to increase...
Government loan limits jump to almost 1m, impacting real estate

Government loan limits jump to almost 1m, impacting real estate

The federal government is about to back mortgages of nearly $1 million for the first time. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac is expected to jump sharply in 2022, a reflection of the rapid appreciation in home...
McDonald’s is raising the cost of houses; you will pay allot more!

McDonald’s is raising the cost of houses; you will pay allot more!

Retail giants, fast-food chains, and ride-hailing companies are offering higher wages and cash payments. Referral and signing bonuses, rarely needed before to fill entry-level, low-wage jobs, are now commonplace.  How will McDonald’s impact real estate prices?  Will...
Treasury yields jump to highest since March. What does the GA senate race mean for real estate?

Treasury yields jump to highest since March. What does the GA senate race mean for real estate?

Happy new year to everyone. It is crazy that we are still talking about the election … it seems like it is never ending.  Fortunately the Georgia senate runoffs were the last of this cycle.  As Georgia flipped Democratic, treasury rates jumped to their highest since...
Ban on evictions and foreclosures for a year, impact on real estate

Ban on evictions and foreclosures for a year, impact on real estate

New eviction laws that Democratic lawmakers recently passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic...