Inflation continues hot, 100% chance of recession in 12 months, what can past cycles tell us about real estate now and in the future?

Inflation continues hot, 100% chance of recession in 12 months, what can past cycles tell us about real estate now and in the future?

There is pretty much a universal theme that there will be a recession in the future.  It is like saying that it might rain sometime in the next month.  It doesn’t help you much without knowing approximately when it will rain and if it will be a light sprinkle or turn...
Ibuyers get crushed, Opendoor plunges

Ibuyers get crushed, Opendoor plunges

“Our model really works in upmarkets, it’s going to work in flat markets, it’s going to work in downmarkets,” chief financial officer Carrie Wheeler told analysts just 6 short months ago.  Unfortunately today this statement could not be further from the...
30 year fixed crosses 7%, is this the real story? Prices fall first time in 10 years.

30 year fixed crosses 7%, is this the real story? Prices fall first time in 10 years.

A few weeks ago, the big news was 6% rates and now everyone suddenly woke up with stocks crashing and yields soaring to new highs and rates jumping again.  What does this mean in the short term for interest rates? Is focusing on the 30 year mortgage rate the correct...
Fannie-Mae-sees-dark-days-ahead-for-the-housing-market;

Fannie-Mae-sees-dark-days-ahead-for-the-housing-market;

It will get much worse for the housing market and the mortgage industry. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales this week. Federal Reserve chairman Powell recently threw even more cold water on their...
Back to office, ready to pick your seat? 3 traits that will identify the winners & losers

Back to office, ready to pick your seat? 3 traits that will identify the winners & losers

First, the pic above was the leading picture for a listing I looked at.  I guess they were stressing the work from home conveniences in the office Unfortunately this could lead to some “interesting” conversations with coworkers.   With the back to office trend in full...