Is inflation really coming down?

Is inflation really coming down?

We have heard a ton of good news recently regarding inflation.  Inflation has come down dramatically from its peak and the market is pricing in almost a 100% probability of an elusive soft landing.   Is inflation really coming down as fast as the consumer price index...
Federal government now considers $1.2m low/moderate income housing

Federal government now considers $1.2m low/moderate income housing

What do the increased conforming loan limits mean for real estate? The federal government (aka you the taxpayer) now backs mortgages up to 1.15m. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac has jumped sharply over the...
Why do consumers keep spending and how does this impact real estate

Why do consumers keep spending and how does this impact real estate

According to a recent Federal Reserve Report, fourteen million mortgages were refinanced during the COVID refinance boom, and these refinances will have effects on the mortgage market, real estate, and the general economy for years to come. An astonishing 430 billion...
2023 real estate predictions update: Mortgage rates decline, banks fail, impact on real estate prices

2023 real estate predictions update: Mortgage rates decline, banks fail, impact on real estate prices

A lot has changed since my year end update, four major banks have collapsed, and the market is now signaling a recession with interest rates beginning to fall.  What does this mean for real estate in the second half of the year?  Are there any big changes to my...
60k laid off, The middle is squeezed how will this impact Real estate and the recovery

60k laid off, The middle is squeezed how will this impact Real estate and the recovery

Purchasing power from paychecks fell 2.9% for middle-income households in 2022 compared with 2021, while rising 1.5% for the bottom fifth of households and 1.1% for the top, according to the Congressional Budget Office study.  Furthermore, nearly 40 percent of...
Nightly rental market following in footsteps of Colorado Pot market

Nightly rental market following in footsteps of Colorado Pot market

Data from AirDNA, a short-term rental analytics firm, show as of October 2022, the number of future nights booked—a real-time indicator of the health of the short-term rental industry—was up 15.8% year-over-year.  At the same time, anyone in the short-term rental...