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2022 stock market correction

CPI roars again. Stocks tank. Where is inflation heading and why? What does this mean for real estate?

  • September 13, 2022

Once again, the recent CPI report came in much higher than expected.  Why did the market drastically miss this prediction?  I’m not even an economist and figured out months ago inflation would be higher for longer as everything I buy…

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Do the bears foretell a crash or a minor correction?

  • August 22, 2022

When I looked over my shoulder and saw these two fellows staring at me, it made me wonder if they were trying to tell me something.  I definitely got the hint!  I don’t think anyone would debate that real estate…

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Haircut prices surge, what does this mean for real estate prices?

  • August 8, 2022

If you haven’t gotten a haircut in a while, you are in for a surprise.  Haircut prices like many other services in the economy are experiencing large increases.  What does the increase in haircut prices mean for the economy and…

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Fed raises rates, mortgage rates drop, stocks jump, technical recession, what happens now    

  • August 1, 2022

What a week it has been in the economy.  The federal reserve is still struggling to contain inflation and as a result increased the fed funds rate .75%.  After the announcement stocks roared back in a huge “relief” rally and…

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Trucking hits the Brakes; what does this mean for real estate?

  • July 25, 2022

There has been an unexpectedly sharp downturn in demand to truck everything from food to furniture since the beginning of March and rates in the overheated segment that deals in on-demand trucking jobs - known as the spot market -…

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Rates cross 6%, what can the 90s tell us about the next real estate cycle?

  • June 27, 2022

Most economists are convinced that there will be a recession soon, although nobody knows whether it is 3,6 or 12 months away.  The good news is that this recession should not be a repeat of 2008.  Which prior  cycle will…

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Fed hits brakes hard, largest increase since 94, Mortgage rates surge 6.3%, not all real estate is impacted equally

  • June 15, 2022

All I can say is wow. On a dime, the real estate market changed overnight.  I was predicting mortgage rates around 6% over the course of the year. The change happened in one day with rates easily cresting 6.3%!  What…

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Zestimate Report Image

Prices drop 6%, what comes next?  Are you ready for a real estate reset?

  • June 6, 2022

One of the world’s bubbliest real estate housing markets is tilting from sellers to buyers with dizzying speed. Canadian home prices fell for the first time in two years as a rapid rise in interest rates looks set to threaten…

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

  • May 30, 2022

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…

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

  • May 23, 2022

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…

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