Realtors Reach Game-Changing Settlement in Home Buying and Selling

Realtors Reach Game-Changing Settlement in Home Buying and Selling

Big changes to how real estate has been bought and sold are scheduled for July. Why is this settlement the most groundbreaking change in real estate since the internet.  What is in the most recent settlement?  How will home buyers and sellers be impacted by the...
Will mortgage rates fall significantly in 2024?

Will mortgage rates fall significantly in 2024?

When I was writing this article rates were hovering right around 7%.  At the same time economists are predicting a sharp decline in mortgage rates and a booming 2024 real estate market.  On the other hand, the chart above shows a much different picture.  Where do...
Lock in effect thawing: more houses coming on the market

Lock in effect thawing: more houses coming on the market

There is a theory that locked in low mortgage rates will force owners to stay in their houses.  This has led to a huge shortage of inventory throughout the country.  Why is the “lock in effect” starting to wind down?  What does this mean for real estate prices over...
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...
Will real estate rebound in 2024?

Will real estate rebound in 2024?

Soft Landing base case, impact on real estate Every realtor newsletter I have received predicts an increase in sales and a great real estate market is 2024 due to lower mortgage rates.  Will this come to fruition?  Will we have a “soft landing” in 2024 and which will...
Why are house prices so high and will they stay high?

Why are house prices so high and will they stay high?

  Anytime you turn on the news  you hear about high house prices and that the culprit is that supply has not kept up with demand.  Is supply really the main culprit of housing prices or did something else that occurred during Covid radically alter the market? ...