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Realtor

Realtor lawsuits, what happens now?

  There has been a ton of talk regarding the lawsuits against the National Association of realtors, but from a practical perspective what does this mean for the market? Will buyer’s agent commissions be eliminated?  One realtor association is not…

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Mortgage Rate

2023 and 2024 mortgage rate predictions

In a WSJ survey, economists lower recession probability below 50% and say Fed is finished raising interest rates It has been quite a ride for mortgage rates over the last two years.  As of this writing mortgage rates were around…

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CPI

CPI falls, Fed likely done raising

  What does the recent CPI fall  mean for mortgage rates and real estate prices?   A broad slowdown in inflation continued in October, likely ending the Federal Reserve’s historic interest rate increases. The slowdown came below most median estimates…

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Housing

Wall street will not bail out the housing market

Fed raises rates 2200% The floor on housing prices drops The real estate party cannot go on forever.  We are in a goldilocks scenario where prices are staying high even in the face of doubling mortgage rates.  Unfortunately, eventually the…

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