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...
CPI falls, Fed likely done raising

CPI falls, Fed likely done raising

  What does the recent CPI fall  mean for mortgage rates and real estate prices?   A broad slowdown in inflation continued in October, likely ending the Federal Reserve’s historic interest rate increases. The slowdown came below most median estimates and the...
Fed has lost control of interest rates

Fed has lost control of interest rates

Housing industry urges Fed to stop raising rates, does it even matter? Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a “historic shortage” of available...
2023 real estate predictions update: Mortgage rates decline, banks fail, impact on real estate prices

2023 real estate predictions update: Mortgage rates decline, banks fail, impact on real estate prices

A lot has changed since my year end update, four major banks have collapsed, and the market is now signaling a recession with interest rates beginning to fall.  What does this mean for real estate in the second half of the year?  Are there any big changes to my...
Higher credit score borrowers pay more under new government rule

Higher credit score borrowers pay more under new government rule

No this is not a joke, I had to read the recent Fannie Mae press release multiple times to actually believe what I was reading.  Who would have ever thought that someone with a high credit score above 740 would be penalized for having a high score.  Under a new rule...
Ibuyers get crushed, Opendoor plunges

Ibuyers get crushed, Opendoor plunges

“Our model really works in upmarkets, it’s going to work in flat markets, it’s going to work in downmarkets,” chief financial officer Carrie Wheeler told analysts just 6 short months ago.  Unfortunately today this statement could not be further from the...