One of most controversial property tax measure in the country passed

One of most controversial property tax measure in the country passed

      This newest property tax measure that passed has been deemed the most controversial in the US.  What was in the new measure?  What state (hint it wasn’t a far right or left state)passed a controversial law to protect private property rights...
Why are mortgage rates rising when they should be falling?

Why are mortgage rates rising when they should be falling?

The chart above is very surprising.  When the market is predicting a slowdown or a recession, gold typically rises and treasuries also rise, typically in tandem.  The exact opposite is happening now as bond prices are falling and yields are rapidly increasing in the...
My recession indicator flashing green: ready for bulls or bears

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...
Does the stock market predict real estate prices?

Does the stock market predict real estate prices?

  For years, myself, and many others have thought that interest rates were the predictor of housing prices.  Fast forward to post COVID where interest rates have doubled and yet housing prices remain high and are still trending higher in many markets. What other...
What do Tariffs mean for real estate and interest rates

What do Tariffs mean for real estate and interest rates

  70% of lumber and 30% of drywall comes from Canada which could be subject to tariffs, what does this mean for the average build cost of a house?  What does the chart above have to do with Tariffs?  Will tariffs meaningfully impact real estate build costs and...
Marry, the house, date the rate, ready for a shotgun wedding

Marry, the house, date the rate, ready for a shotgun wedding

  In almost every real estate advertisement I receive, there is a common theme that prospective buyers should not focus on the rate as they will be able to refinance relatively soon at a much lower rate.  How true is this theory?  (hint anyone who bought into...