Federal reserve cuts rates, should you rejoice?

Federal reserve cuts rates, should you rejoice?

  The stock market went crazy after the half point cut by the federal reserve?  Should you rejoice like the stock market?  Take a look at the chart above showing all the recessions in the last 30 or so years.  Do you notice a trend?  What is the chart telling us...
Phantom debt soars, what does this mean for real estate?

Phantom debt soars, what does this mean for real estate?

Consumer spending in the world’s largest economy has been so resilient in the face of stubbornly high inflation that economists and traders have had to repeatedly rip up their forecasts for slowing growth and interest-rate cuts.  Is Phantom Debt driving consumer...
New plan for government to offer 25k to homebuyers

New plan for government to offer 25k to homebuyers

A new plan unveiled by candidate Harris aims to provide up to 25k to every first time homebuyer for a downpayment.  Like many of you when I heard the news, I did a double take.  What is in the plan?  Will the proposed plan increase or decrease house prices?  Who pays...
Fed cuts rates half percentage, Why did mortgage rates rise?

Fed cuts rates half percentage, Why did mortgage rates rise?

The market was anticipating a much smaller cut by the federal reserve as inflation is still high and employment and spending is holding up.  The odds were about 75% for a smaller cut, but the federal reserve definitely surprised with a much larger cut of half a...
New Senate bill penalizes investors buying houses

New Senate bill penalizes investors buying houses

Vice president Harris announced her support of a recently introduced  bill aimed at curtailing investor activity in the housing market that she says is driving up home prices. This new bill is one of the cornerstones of Harris’ housing policy.  The Stop Predatory...
Will realtors’ settlement lower home prices?

Will realtors’ settlement lower home prices?

With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices?  The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one of the...