Closings surge in Q1 what does this mean for the rest of the market

Closings surge in Q1 what does this mean for the rest of the market

Look at the graph above, what has caused my closing to surge in 2025 while overall real estate closing volumes have plummeted?  What does this mean for real estate?  Don’t get me wrong, I like to think the surge in closings is because I’m an amazing lender and a great...
Upper income spending drops, what does this mean for real estate

Upper income spending drops, what does this mean for real estate

Higher income consumers are showing signs of stress.  Look at the chart above, from the peak in 2022 higher end consumers intent to spend has dropped almost 25%.  What does the chart mean for real estate and the general economy?  Why focus on higher end consumers?...
Will Mortgage rates stay higher forever?

Will Mortgage rates stay higher forever?

  Wow, 2024 was definitely a surprise, at the beginning of the year, there were huge predictions of a rapid decline in rates, fast forward to 2025 and now rates are actually rapidly increasing even after the federal reserve cut short term rates.  Why are rates...
Airbnb down 40% impact on real estate

Airbnb down 40% impact on real estate

    After peaking around 215 dollars, Airbnb stock has taken a tumble of almost 40%.  At the same time occupancy of nightly rentals has plummeted from its peak while available listings continue to grow.  What does this mean for real estate prices?  The two...
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...