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...
House prices hit another record, should you even care?

House prices hit another record, should you even care?

  Check out the chart above.  House prices this summer have hit yet another record?  On the flip side, look at the chart below of Denver and Atlanta.  Why the huge difference?  What is happening in today’s real estate environment?  Is the data above or below...
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...
Secret mortgage blacklist, is your property on it?

Secret mortgage blacklist, is your property on it?

Condominium owners across the country are facing a paralyzing problem: They can’t sell their properties because of a fast-growing and mostly secret mortgage blacklist.  Don’t worry this is not some crazy conspiracy from the government.  I’ve experienced this first...

My recession indicator flashing green: ready for bulls or bears

Are the bulls running or are the bears coming?  Any business media you pick up is harping on the idea of a “recession watch” and the economy is basically coming to an end!  On the flip side my proprietary lending data is giving me a radically different answer.  What...