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...
US bank lending slumps by most on record; The fed now predicts a big change

US bank lending slumps by most on record; The fed now predicts a big change

US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses.  Why the sharp pullback in lending?  What does this mean for commercial and residential...
Banks collapse: 67% impacted, will this lead to a recession?  What about real estate values?

Banks collapse: 67% impacted, will this lead to a recession?  What about real estate values?

As the banking crisis unfolds, the media continues to focus on depositors and shareholders.  Although both are important, there is an even bigger issue that is not being discussed.  According to the FDIC, community banks made 67% of all commercial real estate loans in...
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...
Blowout jobs report; mortgage rates to jump again; Is 8% on the horizon?

Blowout jobs report; mortgage rates to jump again; Is 8% on the horizon?

Wow, a few weeks ago rates had fallen from a peak of over 7% to almost 6%. Unfortunately the party was short lived as rates are now heading much higher.  The recent jobs report was another blow out upping the odds of another half point increase at the next Fed...
Mortgage demand plunges 13.2% to end 2022, are higher interest rates the only culprit

Mortgage demand plunges 13.2% to end 2022, are higher interest rates the only culprit

  The market currently has a fixation on interest rates.  Essentially whatever interest rates do the market reacts accordingly.  For example if rates rise, sales fall and vice versa.  Are rates really the driver of the slow down in real estate sales?  If rates...