Foreclosure activity on the rise: Where are the highest concentrations?

Foreclosure activity on the rise: Where are the highest concentrations?

ATTOM’s just released January 2022 U.S. Foreclosure Market Report shows there were a total of 23,204 U.S. properties with foreclosure filings reported in January 2022. That figure is up 29 percent from December 2021 and 139 percent from January 2021.  Will we see a...
Foreclosure activity on the rise: Where are the highest concentrations?

Inflation slows.  Will mortgage rates stabilize or head higher?  What does this mean for real estate prices?

Where mortgage rates are heading seems to be the biggest question on everyone’s mind in real estate.  As of this writing rates were around 5.821% which is substantially higher than any economists had predicted even a few months ago.  What is causing the jump in...
Fed makes colossal mistake. Labor productivity plummets. Are you ready for 6?

Fed makes colossal mistake. Labor productivity plummets. Are you ready for 6?

The Federal Reserve just raised interest rates .5% as expected.  The market originally rallied and then plummeted 5% the next day.  The fed made a colossal error and the stock and bond markets are not buying their guidance.  What did the fed say at the meeting that...
Real estate has reached an inflection point, 3 indicators that the peak has passed

Real estate has reached an inflection point, 3 indicators that the peak has passed

As mortgage rates have easily breached 5% (last I checked they were at 5.25%), there is a drastic change in real estate that is just beginning to rear its head.  At the same time inventory is starting to increase and loan volumes have plummeted.  What is the big...