With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices? The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one…
The mortgage industry should be prepared for large increases in insurance premiums up to 50% according to the Situs Whitepaper. Jennifer Rasmussen, one of the reports authors stated that the average homeowner “was not cognizant of the sheer magnitude…
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…
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…
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…
Lawmakers introduced a bill Tuesday aimed at curtailing investor activity in the housing market that they say is driving up home prices. The Stop Predatory Investing Act is targeting single family investors. What is in the newly proposed bill and how will…
Beginning in March of 2023, Freddie Mac, the largest buyer of mortgages is drastically changing the seasoning requirements for any loans it purchases which basically means any new conventional conforming loan will have to follow the new rules. What big…
I’m usually skeptical that lawsuits will totally alter an industry but the recent suit against the National Association of realtors, various multiple listing services, and many large real estate brokerages could be a bombshell. The U.S. Supreme Court on…
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…
Since Covid it seems like traditional patterns have been broken. I hear time and time again that X or Y is different and there have been fundamental changes. Is this true, is everything “radically” different now? Is a bear walking…