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...
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...
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....