2022 real estate predictions: Mortgage payments rise 50%.

2022 real estate predictions: Mortgage payments rise 50%.

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 the pandemic goes from here....
2022 real estate predictions: Mortgage payments rise 50%.

Omicron impact on inflation and real estate

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 news mean for real estate?  Will...
Zillow quits I buying says it model doesn’t work. 18k houses to sell

Zillow quits I buying says it model doesn’t work. 18k houses to sell

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 does this mean for...
Zillow quits I buying says it model doesn’t work. 18k houses to sell

Zillow stops buying houses: red flags for housing market

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...
Rents accelerate 13%, is this a warning sign?

Rents accelerate 13%, is this a warning sign?

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 to housing prices?  Will the...