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...
Cyberattack stops all real estate closings in one large city

Cyberattack stops all real estate closings in one large city

  It is crazy how far technologically we have come, but at the same time how fragile our infrastructure is.  On of the largest cities in Atlanta (Fulton County) recently had a cyber “incident” which shut down the city and halted all real estate closings.  This...
With interest rates dropping 4 reasons there will be a large increase in foreclosures?

With interest rates dropping 4 reasons there will be a large increase in foreclosures?

    The market keeps predicting a goldilocks scenario with 100% certainty where inflation falls without much if any impact on residential real estate.  The “soft landing” will occur at the same time interest rates have skyrocketed and supposedly the consumer...
Fed reverses course, interest rates fall, my servicing data tells a different story

Fed reverses course, interest rates fall, my servicing data tells a different story

  Although the graph above looks like an old Atari game, it is the Federal reserve dot plot which shows a profound shift.  Ironically, just a few weeks ago the Federal Reserve was touting higher rates for longer.  Now the federal reserve has done a 180 and has...
Soft Landing, Hard landing, does it even matter for real estate?  

Soft Landing, Hard landing, does it even matter for real estate?  

Earlier in the year most economists and myself predicted a recession by now, but the cards have changed with most now predicting the opposite, a soft landing.  What is a soft landing? Is a soft or hard landing better for real estate?  Does it really matter which...