The stock market went crazy after the half point cut by the federal reserve? Should you rejoice like the stock market? Take a look at the chart above showing all the recessions in the last 30 or so years. …
According to a new Realtor.com report, among America’s 50 biggest cities, 20 show annual price declines since last year, and the metro with the steepest drop might surprise you. What markets are dropping the fastest and why? How accurate is…
Consumer spending in the world’s largest economy has been so resilient in the face of stubbornly high inflation that economists and traders have had to repeatedly rip up their forecasts for slowing growth and interest-rate cuts. Is Phantom Debt driving…
A new plan unveiled by candidate Harris aims to provide up to 25k to every first time homebuyer for a downpayment. Like many of you when I heard the news, I did a double take. What is in the plan? …
The market was anticipating a much smaller cut by the federal reserve as inflation is still high and employment and spending is holding up. The odds were about 75% for a smaller cut, but the federal reserve definitely surprised with…
Vice president Harris announced her support of a recently introduced bill aimed at curtailing investor activity in the housing market that she says is driving up home prices. This new bill is one of the cornerstones of Harris’ housing policy. The Stop…
With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices? The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one…
The million dollar question is where do interest rates head from here. The Federal reserve has hinted at more upcoming cuts, what does this mean for mortgage rates? Does the federal reserve actually control mortgage rates? How is the…
The mortgage industry should be prepared for large increases in insurance premiums up to 50% according to the Situs Whitepaper. Jennifer Rasmussen, one of the reports authors stated that the average homeowner “was not cognizant of the sheer magnitude…
Over the years there have been a lot of theories that nightly rentals are increasing long term rents of full-time residents. Recently NY analyzed nightly rentals in various boroughs to calculate the increase in lease rates. This is the first…