30 year mortgage rates plummet, will they return to pandemic lows

30 year mortgage rates plummet, will they return to pandemic lows

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 enough to turn around the slowing market?  Will rates...
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...
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...
2022 Realtor predictions on interest rates & appreciation  

2022 Realtor predictions on interest rates & appreciation  

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...
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...