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...
insurance rates skyrocket, does NY have the answer?

insurance rates skyrocket, does NY have the answer?

  When I saw the headlines about NY reducing property insurance rates I was definitely intrigued.  How can NY reduce property insurance rates 30% overnight while the rest of the country is facing double digit increases year over year?  What is New York’s ...
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? ...
Rates make a u turn; should you panic?

Rates make a u turn; should you panic?

      Look at this chart above, out of nowhere yields have made a U-turn with long term treasury yields surge to almost 20-year highs and predictions exceeding 6%.  This is exactly the opposite of what economists had predicted at the beginning of the...
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...