What does May inflation mean for interest rates and real estate?

What does May inflation mean for interest rates and real estate?

      The May inflation report is in, rising to the highest level in 3 years.  Look at the chart above, out of nowhere yields have surged to almost 20-year highs and predictions exceeding 6%.  The market is suddenly catching on that we have an inflation...
Rents plummet, is this a trend or blip?

Rents plummet, is this a trend or blip?

    Rents have made a quick U turn.  After rising substantially over the last decade, they are quickly reversing course.  Why are rents now falling?  Is this just a trend or a blip.  Look at the chart below, how does this alter the predictions on rents? ...
New flood and fire risk scores radically alter values

New flood and fire risk scores radically alter values

  Recently Realtor.com and Zillow have been promoting “risk scores” for properties to reflect environmental risk from fires and floods.  These new scores are radically altering real estate prices. What is included in the new scores? Are you impacted? How accurate...
What is hiding in the real estate market?

What is hiding in the real estate market?

The housing market has a multi-billion dollar problem that nobody is talking about.  Since the last recession economists harp on the fact that underwriting is so much better now than it was leading up to 2008.  This is correct except for one lender, the federal...
More expensive to live outside a city than in a city

More expensive to live outside a city than in a city

Over the last 30+ years it has historically been more expensive to live inside a city versus the suburbs.  The demand for urban living was huge over the last 20 years.  This narrative is now changing with the suburbs in many major cities poised to overtake urban...
What does the  Iran war mean for real estate?

What does the  Iran war mean for real estate?

I was a bit surprised at the market reaction, check out the 10 year treasury (above) on the Monday after the war began. I would have predicted the opposite reaction with yields falling.  What are the three primary reasons rates are now rising? What impact does this...