Ban on evictions and foreclosures for a year, impact on real estate

Ban on evictions and foreclosures for a year, impact on real estate

New eviction laws that Democratic lawmakers recently passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic...
Will interest rates stay low forever?  What did the fed just announce?

Will interest rates stay low forever?  What did the fed just announce?

If you have been tracking interest rates in the mortgage market, your head is likely spinning.  Mortgage rates hit a record low of 3% less than a week later rates have risen again.  What is causing the drastic swings? Is now the time to lock in or refinance?  What did...
Did housing market pull a V and defy all odds?

Did housing market pull a V and defy all odds?

Happy summer to everyone, hopefully you are taking some time to get outside with your friends and family to de stress .  Last week, I wrote about the general economy not following a V shaped economic pattern, which I still believe, but housing seems to be marching to...
Unemployment hits all time highs yet house prices continue to rise; Why?

Unemployment hits all time highs yet house prices continue to rise; Why?

We are in an interesting economic cycle.  In the last recession, house prices plummeted up to 60% in some areas.  We currently hit the highest unemployment rate since the great depression yet house prices continue to appreciate.  This is exactly the opposite of what...