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...
Buy now pay later included on credit reports, impact on real estate financing

Buy now pay later included on credit reports, impact on real estate financing

Buy now pay later included on credit reports, impact on real estate financing Buy now Pay Later loans are a million-dollar industry and yet until now these loans were invisible to lenders.  This is all changing as Equifax is now adding buy now pay later payments to...
Ukraine invaded; impact on the economy, interest rates, and real estate

Ukraine invaded; impact on the economy, interest rates, and real estate

Initially when Ukraine was invaded the stock market dropped precipitously over 800 points during the day only to make a huge rebound into positive territory.  What does this volatility mean for interest rates and in turn real estate?  Does the invasion change the path...
NY and Boise real estate both hitting records, is a ???? brewing

NY and Boise real estate both hitting records, is a ???? brewing

New York City’s housing market is undergoing a powerful rebound, fueled by New Yorkers trading up, out-of-staters moving in, and others looking beyond the pandemic’s aftershocks to make a long-term bet on the city. On the flip side, Boise prices are up 25% year over...
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...