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...
Soft landing, brace for a much better spring real estate market  

Soft landing, brace for a much better spring real estate market  

In only a couple of months, the world has changed substantially.  In December, inflation was supposedly decreasing rapidly and the odds of a soft landing were non existent.  Fast forward a few months and inflation is running hot, consumers are spending like crazy,...
Proposal for National rent control, what does this mean for prices and supply, why are rents increasing

Proposal for National rent control, what does this mean for prices and supply, why are rents increasing

It is no secret that rent has skyrocketed throughout the country.  Nationally rental growth peaked at 17.45% year over year in March of 2022.  Some markets like NY and FL have exceeded over 31% rent growth annually. What are the three causes of huge jumps in rents?...
30 year mortgage rates plummet, will they return to pandemic lows

30 year mortgage rates plummet, will they return to pandemic lows

It has been a wild ride in the treasury market.  Rates spiked to 7.5%, but recently have plummeted back to below 6%? Now they are rising again.  What does this mean for real estate sales?  Will the lower rates be enough to turn around the slowing market?  Will rates...
2023 real estate predictions: Mortgage rates come off their highs. Does a recession happen in 23?

2023 real estate predictions: Mortgage rates come off their highs. Does a recession happen in 23?

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 2023 and beyond: Interest rates, inflation, and consumer sentiment. All three are...
National Association of Realtors predicts rising prices in 2023; fed predicts drop

National Association of Realtors predicts rising prices in 2023; fed predicts drop

In 2023, NAR Chief Economist Lawrence Yun expects home sales to decline by 7%, while the national median home price will increase by 1% in his recent 2023 market update.  On the flip side the most recent federal reserve economic commentary classifies the current...