Clearest sign yet commercial real estate is in big trouble

Clearest sign yet commercial real estate is in big trouble

Foreclosures are surging in a risky corner of commercial real-estate finance, offering one of the most profound signs yet that turmoil in the commercial property market is just beginning.  Lenders this year have issued a record number of foreclosure notices for...
Will mortgage rates fall significantly in 2024?

Will mortgage rates fall significantly in 2024?

When I was writing this article rates were hovering right around 7%.  At the same time economists are predicting a sharp decline in mortgage rates and a booming 2024 real estate market.  On the other hand, the chart above shows a much different picture.  Where do...
Cyberattack stops all real estate closings in one large city

Cyberattack stops all real estate closings in one large city

  It is crazy how far technologically we have come, but at the same time how fragile our infrastructure is.  On of the largest cities in Atlanta (Fulton County) recently had a cyber “incident” which shut down the city and halted all real estate closings.  This...
Lock in effect thawing: more houses coming on the market

Lock in effect thawing: more houses coming on the market

There is a theory that locked in low mortgage rates will force owners to stay in their houses.  This has led to a huge shortage of inventory throughout the country.  Why is the “lock in effect” starting to wind down?  What does this mean for real estate prices over...
Is inflation really coming down?

Is inflation really coming down?

We have heard a ton of good news recently regarding inflation.  Inflation has come down dramatically from its peak and the market is pricing in almost a 100% probability of an elusive soft landing.   Is inflation really coming down as fast as the consumer price index...