Fed drops rates, why did mortgage rates barely budge

Fed drops rates, why did mortgage rates barely budge

    The federal reserve lowers interest rates and signals two more reductions the remainder of the year.  At the same time mortgage rates are barely moving.  Why are mortgage rates having such a large disconnect with the Federal Reserve.  Will rates continue...
What is really moving real estate prices, it is not what you think

What is really moving real estate prices, it is not what you think

  In every article I read about real estate they highlight that inventory is causing prices to fall, or high interest rates, or not enough demand.  All of these items above are only symptoms.  What is the real driver moving prices today?  What does this mean for...
Will real estate fall to 2020 values?

Will real estate fall to 2020 values?

The real estate market has drastically shifted.  Look at the chart above, sellers are rapidly outpacing buyers which means only one thing; the law of economics will rule, and prices will fall.  What is causing prices to fall now in many markets, and will this...
Will the herd drive real estate prices

Will the herd drive real estate prices

  Over the last several years, I’ve given various statistics from inventory, absorption rates, closings, consumer confidence, mortgage rates, etc… to provide guidance on where the real estate market is heading.  Unfortunately there is one variable that I am now...