Inflation highest in 40 years, mortgage rates touch 4%

Inflation highest in 40 years, mortgage rates touch 4%

Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The stock and bond markets are suddenly awake, with mortgage rates skyrocketing almost 4% from a low...
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...
Done with the pandemic toilet paper, Peloton plunges, what does this mean for real estate?

Done with the pandemic toilet paper, Peloton plunges, what does this mean for real estate?

Wow, it has been a wild ride during this pandemic, who thought there would be a national run on toilet paper. Fortunately, those days are over.  You can now readily pick up Charmin (or whatever you like).  The market is also starting to witness this transformation...
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....
Refinance rates drop 31%, retail sales crushes estimates

Refinance rates drop 31%, retail sales crushes estimates

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....