The National Association of Realtors just released their 2022 housing market report. What are their predictions on mortgage rates, appreciation rates, rental rates, and location of purchases? There are a couple of surprises in the data that could radically alter…
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…
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…
Real-estate firm Zillow Group Inc. is exiting from the home-flipping business, saying Tuesday that its algorithmic+ model to buy and sell homes rapidly doesn’t work as planned. Zillow has about 18 thousand houses it will be looking to sell. What…
Zillow claims that ‘operational capacity constraints’ has caused the hiccup in its home-buying business, but some analysts argue that bigger issues may be afoot. Why is Zillow abruptly pulling back from their ibuyer program after recently announcing a huge funding…
Happy Fall, it is hard to beat this time of year with snow up top and changing leaves in the valleys (do you know where I took this pic?) Yields for U.S. government debt posted the biggest weekly jump…
Would-be home buyers priced out of the sales market are finding little consolation when they turn instead to the single-family rental market. Prices are soaring there as well. What is causing the large surge in rents? How is this related…
First I hope everyone is having a good fall. It is crazy how quickly the year has gone by. It has been quite the ride with last week no exception as the stock market plunged. The key culprit that started…
Last year the Department of Justice and the National Association of Realtors reached a historic pact to clear up any antitrust issues and provide greater transparency to consumers about commissions and increase competition among brokers. Everyone thought the deal was…
An unexpectedly strong jobs number for July has bolstered the case for investors who believe Treasury yields will head higher over the rest of the year. Goldman, BofA, and Blackrock are predicting a 50% rise in treasuries by year end. …