Is inflation now driving housing prices higher?

Is inflation now driving housing prices higher?

The conventional wisdom is that inflation causes higher interest rates which in turn causes lower housing prices.  We are now seeing an interesting phenomenon where housing prices continue to stay high and in some markets head even higher with interest rates double...
Who is better for real estate Harris or Trump ?

Who is better for real estate Harris or Trump ?

  Wow, it is amazing how quickly tides have changed.  Look at the chart above of the betting market on the next presidential election right after the assassination attempt. Fast forward and another twist happened over the weekend with President Biden stepping...
Warning sign? sales drop 34%, impact on real estate

Warning sign? sales drop 34%, impact on real estate

The economy is currently in a “transition” phase.  To determine if the sun is setting on our current cycle, it is critical to watch for leading indicators of where we might be heading.  One of the strongest predictors of a recession is consumer purchases of one...
Job gains shatter expectation; impact on real estate

Job gains shatter expectation; impact on real estate

The economists forecasting the jobs data missed big time, with the recent jobs report almost double their predictions.  Why is job growth still surging while interest rates hit 20 year highs.  What does this mean for future interest rate increases?  Does this change...
How will student loan restart impact real estate

How will student loan restart impact real estate

As part of a debt-ceiling agreement forged by President Joe Biden and House Speaker Kevin McCarthy, monthly student loan bills will resume September first.  What does the restarting of student loans mean for real estate, interest rates, and the overall economy?  How...
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,...