Will mortgage rates drop anymore in 24, how about 2025?

Will mortgage rates drop anymore in 24, how about 2025?

  When I was writing this article mortgage rates were hovering right around 7%.  At the same time economists had been predicting a sharp decline in mortgage rates and a booming 2024 real estate market as the fed has cut rates.  On the other hand, the chart above...
Does the Trump election matter for Real estate; Homes sales lowest since 95

Does the Trump election matter for Real estate; Homes sales lowest since 95

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 fall?  What happens to values? Why...
Huge increases in inventory, what does this mean for prices?

Huge increases in inventory, what does this mean for prices?

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 increase in inventory?  Will...
House prices falling in 11 markets, how accurate is the data?

House prices falling in 11 markets, how accurate is the data?

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 the data they are using? ...
Phantom debt soars, what does this mean for real estate?

Phantom debt soars, what does this mean for real estate?

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 consumer...
Who is better for real estate Harris or Trump ?

Who is better for real estate Harris or Trump ?

  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 Biden stepping...