Home rents jump highest in 15 years

Home rents jump highest in 15 years

I have been saying for months that rent growth would accelerate.  The numbers are in and according to Corelogic, Single-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020. Nationally, rent growth exceeded pre-pandemic rates...
10 year treasury soars, mortgage payments could rise 33%,  How high will rates go?

10 year treasury soars, mortgage payments could rise 33%,  How high will rates go?

Before getting into the details, I can quickly answer the first question with 100% certainty.  Will Mortgage rates rise substantially in 2021? Yes they already have and will go even higher!  Why are mortgage rates rising while the federal reserve pledges to keep rates...
Work from home impact on real estate values; pay cuts coming, 75% want to return

Work from home impact on real estate values; pay cuts coming, 75% want to return

Over 50% of workers are 100% remote with another 20% sometimes working remotely due to the pandemic.  Will this trend reverse this year with the rollout of the vaccine?  How will this impact real estate in the short term and long term?  What will be the primary driver...
Treasury yields jump to highest since March. What does the GA senate race mean for real estate?

Treasury yields jump to highest since March. What does the GA senate race mean for real estate?

Happy new year to everyone. It is crazy that we are still talking about the election … it seems like it is never ending.  Fortunately the Georgia senate runoffs were the last of this cycle.  As Georgia flipped Democratic, treasury rates jumped to their highest since...
Large mortgage defaults on the horizon, are you ready for a 100 billion dollar March Madness?

Large mortgage defaults on the horizon, are you ready for a 100 billion dollar March Madness?

FHA has placed a moratorium on foreclosures from mortgage loan defaults and offered any borrower that requests it an extension to not make payments for a year (HUD). This effectively kicks the can down the road and pushed out any impending actions until March of...