What does May inflation mean for interest rates and real estate?

What does May inflation mean for interest rates and real estate?

      The May inflation report is in, rising to the highest level in 3 years.  Look at the chart above, out of nowhere yields have surged to almost 20-year highs and predictions exceeding 6%.  The market is suddenly catching on that we have an inflation...
insurance rates skyrocket, does NY have the answer?

insurance rates skyrocket, does NY have the answer?

  When I saw the headlines about NY reducing property insurance rates I was definitely intrigued.  How can NY reduce property insurance rates 30% overnight while the rest of the country is facing double digit increases year over year?  What is New York’s ...
2026 real estate predictions, what happens now?

2026 real estate predictions, what happens now?

    2026 was set to be the big recovery in real estate with rates lowering, setting us up for a great year.  Instead, the Iran war kicked off driving energy prices and in turn inflation up.  The rate narrative has made a U-turn with the question of when to...
Has the economy lost its mind

Has the economy lost its mind

As I was walking on a snow covered trail, I found a blaze orange sweatshirt.  WTF, who loses something like this and doesn’t even notice?  It made me start thinking, has the person lost their mind?  Has the economy lost its mind? Look at three charts below: Gold,...
50 year mortgage: fundamental flaw in the media

50 year mortgage: fundamental flaw in the media

There is a new proposal to develop a 50 year loan product to “turbocharge” the housing market and make it more affordable.  How realistic is this proposal?  What would a 50 year mortgage look like for consumers?  What is the fundamental flaw in the analysis by the...
American’s staged a property tax revolt, GA led the way

American’s staged a property tax revolt, GA led the way

  Voters in eight U.S. states passed measures in the last election to offer some form of relief on property taxes, a sign of their mounting frustration with tax bills that have soared alongside huge jumps in home values. Many states will have property tax...