New Senate bill, predatory investing, to curb corporate investors from buying up single-family homes

New Senate bill, predatory investing, to curb corporate investors from buying up single-family homes

Lawmakers introduced a bill Tuesday aimed at curtailing investor activity in the housing market that they say is driving up home prices. The Stop Predatory Investing Act is targeting single family investors.  What is in the newly proposed bill and how will this impact...
Real Estate Market continues outperforming, what time period are we beginning to resemble?

Real Estate Market continues outperforming, what time period are we beginning to resemble?

  Although the spring real estate market has slowed drastically from the pandemic days, the bottom has not fallen out.  Quite the opposite has occurred, in suburban markets and sunbelt cities, real estate keeps charging higher.  A good example is Boulder, CO, a...
FHA drops fees 1500/year, how will this impact the spring real estate market?

FHA drops fees 1500/year, how will this impact the spring real estate market?

Last week, the president announced an action that will save homebuyers and homeowners with new FHA-insured mortgages $1500 per year (assuming a 500k home), lowering housing costs for an estimated 850,000 home buyers and homeowners in 2023. On the surface, the change...
Harder for Borrowers to Secure a Loan in February, Credit Availability Hits record low

Harder for Borrowers to Secure a Loan in February, Credit Availability Hits record low

As a private lender, my call volume and closings the first quarter have been off the charts as borrowers fall out of more conventional products.  This trend is now playing out with the Mortgage Credit Availability Index showing substantial tightening of credit for all...
Soft landing, brace for a much better spring real estate market  

Soft landing, brace for a much better spring real estate market  

In only a couple of months, the world has changed substantially.  In December, inflation was supposedly decreasing rapidly and the odds of a soft landing were non existent.  Fast forward a few months and inflation is running hot, consumers are spending like crazy,...
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...