Shortage of homes will keep prices high… think again; Is there really even a shortage?

Shortage of homes will keep prices high… think again; Is there really even a shortage?

I just saw an article on CNBC with the headline: America is short 5 million houses.  The media is proclaiming a housing crisis throughout the country due to the shortage.  Ironically at the same time the US has hit a record for the slowest population growth in the...
What does higher for longer rates mean for real estate?

What does higher for longer rates mean for real estate?

  Wow, what a year.  In December the market was anticipating as many as 4 rate cuts this year. At the same time the federal reserve was doing a victory dance on pulling of a soft landing.  Fast forward and inflation is still hot and there is now a question of if...
Car loan defaults rise what does this mean for real estate

Car loan defaults rise what does this mean for real estate

According to everything I’ve read, the economy is humming along.  Economic growth is good, the labor market is healthy, and a soft landing is  all but inevitable.  At the same time lenders are acting polar opposite of what we should expect.  Why are lenders all the...
Senate calls for Fed to lower rates; will the fed oblige?

Senate calls for Fed to lower rates; will the fed oblige?

  The market currently has a fixation on interest rates.  Senators are now jumping on the bandwagon pushing the federal reserve to “immediately” cut rates to help the real estate market and affordability.  Unfortunately, the senators do not fully grasp how...
Clearest sign yet commercial real estate is in big trouble

Clearest sign yet commercial real estate is in big trouble

Foreclosures are surging in a risky corner of commercial real-estate finance, offering one of the most profound signs yet that turmoil in the commercial property market is just beginning.  Lenders this year have issued a record number of foreclosure notices for...
Is inflation really coming down?

Is inflation really coming down?

We have heard a ton of good news recently regarding inflation.  Inflation has come down dramatically from its peak and the market is pricing in almost a 100% probability of an elusive soft landing.   Is inflation really coming down as fast as the consumer price index...