A “reckoning” is due.  Atlanta overvalued by 58%, Denver by 39%

A “reckoning” is due. Atlanta overvalued by 58%, Denver by 39%

“A reckoning is due. Home prices and rents can’t separate as significantly as they have from their long-term fundamental trends without major issues arising in the marketplace,” said Ken Johnson, an economist at Florida Atlantic University, in an analysis. “Few...
Interest rates soar; property prices continue to rise;  Game of Musical chairs has stopped

Interest rates soar; property prices continue to rise;  Game of Musical chairs has stopped

The average time someone spends in a home has increased from 8.7 years in 2010 to over 13 years in 2020; a whopping 50% increase.  How is this impacting house prices?  What caused the “break” in the game of musical chairs leading to the inventory shortage? How are...
Zillow’s predictions in 2022 show house price surge of 25%, how accurate are there predictions?

Zillow’s predictions in 2022 show house price surge of 25%, how accurate are there predictions?

According to Zillow, house prices will continue to skyrocket in 2022 with hot markets posting gains of 25% plus.  What factors are driving these predictions?  How accurate are Zillow’s 2022 predictions for appreciation?  How does Zillow’s estimates compare with...
Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market.

Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market.

Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market. Redfin, the darling of the real estate market the last several years  has plunged 45% over the last year.  At the same time numerous analysists are downgrading the...
Inflation roars to highest since 1982, mortgage rates jump above 4%, what does this mean for real estate

Inflation roars to highest since 1982, mortgage rates jump above 4%, what does this mean for real estate

Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during January and substantially higher than any estimates according to a closely watched gauge the Labor Department released Thursday (CPI). The stock and bond markets are continuing to awaken,...
Stocks plunge, what does this mean for real estate prices?  What happened during the dotcom bust?

Stocks plunge, what does this mean for real estate prices?  What happened during the dotcom bust?

It has been quite the year for the stock market.  As I am writing this blog, the market has already plunged 10% to kick off the year.  Morgan Stanley just warned that stocks are more overvalued than the tech bubble.  How will this impact real estate?  What happened...