Inflation continues hot, 100% chance of recession in 12 months, what can past cycles tell us about real estate now and in the future?

Inflation continues hot, 100% chance of recession in 12 months, what can past cycles tell us about real estate now and in the future?

There is pretty much a universal theme that there will be a recession in the future.  It is like saying that it might rain sometime in the next month.  It doesn’t help you much without knowing approximately when it will rain and if it will be a light sprinkle or turn...
Ibuyers get crushed, Opendoor plunges

Ibuyers get crushed, Opendoor plunges

“Our model really works in upmarkets, it’s going to work in flat markets, it’s going to work in downmarkets,” chief financial officer Carrie Wheeler told analysts just 6 short months ago.  Unfortunately today this statement could not be further from the...
30 year fixed crosses 7%, is this the real story? Prices fall first time in 10 years.

30 year fixed crosses 7%, is this the real story? Prices fall first time in 10 years.

A few weeks ago, the big news was 6% rates and now everyone suddenly woke up with stocks crashing and yields soaring to new highs and rates jumping again.  What does this mean in the short term for interest rates? Is focusing on the 30 year mortgage rate the correct...
Ready for a 30% drop in housing demand? Will tight supply really prop up the market?

Ready for a 30% drop in housing demand? Will tight supply really prop up the market?

The federal reserve did an analysis of what has led to the surge in housing prices and has a conclusive answer; the driver of high prices is not that we don’t have enough houses as the media has been claiming.   What is the real culprit behind soaring prices? Is there...
Haircut prices surge, what does this mean for real estate prices?

Haircut prices surge, what does this mean for real estate prices?

If you haven’t gotten a haircut in a while, you are in for a surprise.  Haircut prices like many other services in the economy are experiencing large increases.  What does the increase in haircut prices mean for the economy and in turn real estate?  Why are haircuts...
Fed raises rates, mortgage rates drop, stocks jump, technical recession, what happens now    

Fed raises rates, mortgage rates drop, stocks jump, technical recession, what happens now    

What a week it has been in the economy.  The federal reserve is still struggling to contain inflation and as a result increased the fed funds rate .75%.  After the announcement stocks roared back in a huge “relief” rally and mortgage rates plummeted.  Shortly after,...