President fires Federal Reserve Governor mortgage rates rise

President fires Federal Reserve Governor mortgage rates rise

What an insane 24 hours, a late night tweet on Tuesday announced the sudden firing of a Federal Reserve Governor essentially trying to eliminate the independence of the federal reserve while ensuring looser monetary policy.  Ironically the opposite occurred and...
The War on Landlords

The War on Landlords

Since Covid, Landlords have been portrayed as the big bad wolf and the root cause of pretty much any housing woe you can think of.  Legislatures have jumped on the bandwagon essentially declaring war on landlords with the number of tenant laws doubling in three...
Largest mortgage buyers required to use cryptocurrencies

Largest mortgage buyers required to use cryptocurrencies

Fannie Mae and Freddie Mac, the largest buyers of mortgages, effective immediately are required to count cryptocurrencies as an asset for mortgages.  This is a profound shift in policy.  How will this impact real estate lending?  Will Cryptocurrency radically alter...
Will real estate fall to 2020 values?

Will real estate fall to 2020 values?

The real estate market has drastically shifted.  Look at the chart above, sellers are rapidly outpacing buyers which means only one thing; the law of economics will rule, and prices will fall.  What is causing prices to fall now in many markets, and will this...
Will the herd drive real estate prices

Will the herd drive real estate prices

  Over the last several years, I’ve given various statistics from inventory, absorption rates, closings, consumer confidence, mortgage rates, etc… to provide guidance on where the real estate market is heading.  Unfortunately there is one variable that I am now...