Get current information on housing price trends and expert analysis on how this information impacts both homeowners, investors, and current purchasers.
Wow, what a year. In December the market was anticipating as many as 4 rate cuts this year. At the same time the federal reserve was doing a victory dance on pulling of a soft landing. Fast forward and…
When I was writing this article rates were hovering right around 7%. At the same time economists are predicting a sharp decline in mortgage rates and a booming 2024 real estate market. On the other hand, the chart above shows…
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…
There is a theory that locked in low mortgage rates will force owners to stay in their houses. This has led to a huge shortage of inventory throughout the country. Why is the “lock in effect” starting to wind down? …
Anytime you turn on the news you hear about high house prices and that the culprit is that supply has not kept up with demand. Is supply really the main culprit of housing prices or did something else that…
It is interesting that the market continues to focus on interest rates and employment as the barometer for the economy while totally ignoring one metric. As a lender I just did a year end analysis on our portfolio and…
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…
In a WSJ survey, economists lower recession probability below 50% and say Fed is finished raising interest rates It has been quite a ride for mortgage rates over the last two years. As of this writing mortgage rates were around…
Fed raises rates 2200% The floor on housing prices drops The real estate party cannot go on forever. We are in a goldilocks scenario where prices are staying high even in the face of doubling mortgage rates. Unfortunately, eventually the…
Housing industry urges Fed to stop raising rates, does it even matter? Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a “historic…