The conventional wisdom is that inflation causes higher interest rates which in turn causes lower housing prices. We are now seeing an interesting phenomenon where housing prices continue to stay high and in some markets head even higher with interest…
Regardless of how you voted, at the end of the day for real estate in particular, does the election of President Trump radically change the trajectory of real estate? What happens to real estate volumes? Will interest rates rise or…
Even with falling interest rates, inventory has quickly increased. We have gone from a supposed shortage of housing to an inventory surplus in many hot markets. Home sales in July were at the lowest recorded level. What is driving the…
The stock market went crazy after the half point cut by the federal reserve? Should you rejoice like the stock market? Take a look at the chart above showing all the recessions in the last 30 or so years. …
According to a new Realtor.com report, among America’s 50 biggest cities, 20 show annual price declines since last year, and the metro with the steepest drop might surprise you. What markets are dropping the fastest and why? How accurate is…
Consumer spending in the world’s largest economy has been so resilient in the face of stubbornly high inflation that economists and traders have had to repeatedly rip up their forecasts for slowing growth and interest-rate cuts. Is Phantom Debt driving…
The mortgage industry should be prepared for large increases in insurance premiums up to 50% according to the Situs Whitepaper. Jennifer Rasmussen, one of the reports authors stated that the average homeowner “was not cognizant of the sheer magnitude…
I just saw an article on CNBC with the headline: America is short 5 million houses. The media is proclaiming a housing crisis throughout the country due to the shortage. Ironically at the same time the US has hit a…
It is no secret that housing prices and in turn rents have skyrocketed throughout the country. President Biden, announced a major new action to: “ lower housing costs by limiting rent increases”. Essentially the proposal is nationwide rent control. What…
Wow, it is amazing how quickly tides have changed. Look at the chart above of the betting market on the next presidential election right after the assassination attempt. Fast forward and another twist happened over the weekend with President…