This chart should scare you; is the mortgage market in for a 2008 wreck; average down not even close to 20%

This chart should scare you; is the mortgage market in for a 2008 wreck; average down not even close to 20%

The federal government in their quest to shore up the mortgage market in 2008 has created some new risks to the housing market.  Non bank lenders now make up 74% of the origination volume with only 3 banks even making the list.  What does this mean for the mortgage...
Commercial property sales plunge 16%, what are the bright spots?

Commercial property sales plunge 16%, what are the bright spots?

Commercial real estate is showing the first signs of cooling in more than a year, disrupted by rising interest rates that are already causing some deals to collapse.  What is causing the quick change in fortunes in commercial real estate?  How will the recent fed...
US housing prices surge as high as 35%, will this trend continue?

US housing prices surge as high as 35%, will this trend continue?

While in other countries real estate is slowing, home price growth in 20 US cities picked up for the fourth straight month with Tampa, Florida, showing the biggest gains.  March’s reading was the highest year-over-year price change in more than 35 years of data,...
Used car prices predicted to drop 30%, when? Impact on economy and real estate

Used car prices predicted to drop 30%, when? Impact on economy and real estate

Who would have ever thought that used car prices would increase?  A 10 year old car has appreciated 94% since the pandemic supply chain woes occurred.  Unfortunately, what goes up will come down.  When will the used car bubble pop?  Why is the outcome of the auto...
Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market.

Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market.

Redfin plunges 26% in one day and foreshadows 4 trends shaping the 2022 and beyond real estate market. Redfin, the darling of the real estate market the last several years  has plunged 45% over the last year.  At the same time numerous analysists are downgrading the...
NY and Boise real estate both hitting records, is a ???? brewing

NY and Boise real estate both hitting records, is a ???? brewing

New York City’s housing market is undergoing a powerful rebound, fueled by New Yorkers trading up, out-of-staters moving in, and others looking beyond the pandemic’s aftershocks to make a long-term bet on the city. On the flip side, Boise prices are up 25% year over...