US government plans to unlock 850 billion in homeowners equity

US government plans to unlock 850 billion in homeowners equity

You have to hand it to the Federal government, they are always working to solve problems that do not exist.  Currently there is a new proposal from the federal government (via Freddie Mac) to insure second mortgages/home equity lines of credit similar to first...
President Biden’s national rental regulations announced

President Biden’s national rental regulations announced

States have traditionally set rental regulations including zoning, evictions, etc… but that is all set to change with the president’s new proposal.  The federal government will now be assuming many of the powers that were granted to the states. The biggest change is...
Will realtors’ settlement lower home prices?

Will realtors’ settlement lower home prices?

The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one of the leading drivers of real estate prices.  How true is this statement?  Will the new commission structure for realtors lead to a reduction...
Car loan defaults rise what does this mean for real estate

Car loan defaults rise what does this mean for real estate

According to everything I’ve read, the economy is humming along.  Economic growth is good, the labor market is healthy, and a soft landing is  all but inevitable.  At the same time lenders are acting polar opposite of what we should expect.  Why are lenders all the...
Senate calls for Fed to lower rates; will the fed oblige?

Senate calls for Fed to lower rates; will the fed oblige?

  The market currently has a fixation on interest rates.  Senators are now jumping on the bandwagon pushing the federal reserve to “immediately” cut rates to help the real estate market and affordability.  Unfortunately, the senators do not fully grasp how...
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...