The largest buyer of mortgages predicts big changes to house prices

The largest buyer of mortgages predicts big changes to house prices

  Fannie Mae, one of the largest buyers of residential mortgages has some profound predictions.  Will house prices continue their upward trend through 2030? How accurate are the predictions below?  How can house prices continue in such a linear fashion?  Will...
Year of the elk, are you ready

Year of the elk, are you ready

The above is a picture of my windshield after a chance early morning encounter with an elk; I walked away while my car was basically totaled.  Why is 2025 the year of the elk as elk should typically be the least of your worries?   What does this mean for the upcoming...
Is one company responsible for surging rents?

Is one company responsible for surging rents?

  We all know rents have increased, but the reason seems to be alluding our elected officials.  The new scapegoat for rising rents is being pinned on artificial intelligence as the root cause of high rents and one company in particular.  Why is the government now...
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...
Pretend and extend, will commercial real estate take down the economy in 25?

Pretend and extend, will commercial real estate take down the economy in 25?

There is a mantra being used in small/regional banks that is “survive until 2025”.  In essence the theory is that rates will drop precipitously and basically “bail out” many banks’ portfolios.  Banks are in turn pushing out maturity dates hoping for a market bail out....
Is inflation now driving housing prices higher?

Is inflation now driving housing prices higher?

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 rates double...