2023 real estate predictions update: Mortgage rates decline, banks fail, impact on real estate prices

2023 real estate predictions update: Mortgage rates decline, banks fail, impact on real estate prices

A lot has changed since my year end update, four major banks have collapsed, and the market is now signaling a recession with interest rates beginning to fall.  What does this mean for real estate in the second half of the year?  Are there any big changes to my...
2023 real estate predictions: Mortgage rates come off their highs. Does a recession happen in 23?

2023 real estate predictions: Mortgage rates come off their highs. Does a recession happen in 23?

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 2023 and beyond: Interest rates, inflation, and consumer sentiment. All three are...
Year of the Bear, are you ready for 2023 and a 20% decline, what happens to interest rates, economy, etc…   

Year of the Bear, are you ready for 2023 and a 20% decline, what happens to interest rates, economy, etc…   

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 around in the snow a sign (zoom in...