NY and Boise real estate both hitting records, is a ???? brewing

NY and Boise real estate both hitting records, is a ???? brewing

New York City’s housing market is undergoing a powerful rebound, fueled by New Yorkers trading up, out-of-staters moving in, and others looking beyond the pandemic’s aftershocks to make a long-term bet on the city. On the flip side, Boise prices are up 25% year over...
Inflation highest in 40 years, mortgage rates touch 4%

Inflation highest in 40 years, mortgage rates touch 4%

Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The stock and bond markets are suddenly awake, with mortgage rates skyrocketing almost 4% from a low...
2022 real estate predictions: Mortgage payments rise 50%.

2022 real estate predictions: Mortgage payments rise 50%.

I hope everyone is having a happy holiday season.  Before getting into my predictions for next year, there are three crucial factors to discuss that will shape the real estate market in 2022 and beyond. Interest rates, inflation, and where the pandemic goes from here....
Refinance rates drop 31%, retail sales crushes estimates

Refinance rates drop 31%, retail sales crushes estimates

I hope everyone is having a happy holiday season.  Before getting into my predictions for next year, there are three crucial factors to discuss that will shape the real estate market in 2022 and beyond. Interest rates, inflation, and where the pandemic goes from here....
2022 real estate predictions: Mortgage payments rise 50%.

Omicron impact on inflation and real estate

What a week it has been a new Covid variant has emerged while at the same time, the federal reserve announced they are retiring the word “transitory”.  The stock market dropped and treasury yields increased.  What does all the recent news mean for real estate?  Will...
Government loan limits jump to almost 1m, impacting real estate

Government loan limits jump to almost 1m, impacting real estate

The federal government is about to back mortgages of nearly $1 million for the first time. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac is expected to jump sharply in 2022, a reflection of the rapid appreciation in home...