The Federal reserve dropped the federal funds rate again which wasn’t a big surprise as the market was pricing in a 96% probability of a rate cut. This is the third cut this year effectively creating a “floor” under real…
Cities across the country are now coming to terms with the impacts of nightly rentals as primary residents demand action. Before now nightly rentals have been the wild west of regulation, but the tide is starting to change quickly. Denver…
I took the pic after the 4th outside of Breckenridge, CO (has nothing to do with the article, but thought you would enjoy). Last week the US June jobs report was released that toppled all expectations. After a week May…
I’ve been hearing rumblings of this suit for months and I’m usually skeptical that lawsuits will totally alter an industry but the recent suit against the National Association of realtors, various multiple listing services, and many large real estate brokerages…
The economic news has been wild recently with GDP soaring, consumer confidence down, and the federal reserve holding monetary policy (interest rates) steady. It is challenging to decipher what is actually going on with the economy with so many mixed…
We keep hearing that the spring real estate season is just around the corner, yet the April housing numbers came out showing a 4.4% decline from 2018 and continuing a downward trend of declining sales for the 14th straight month. …
Federal Reserve Chairman Powell recently announced that inflation is transitory. Sound familiar? Janet Yellen, the prior fed chair, used this same term 2017 and 2018. Seems like we are in an extended “transit”. Why? Are we headed for…
Home Prices in 20 U.S. Cities Cool with the smallest gain since 2012. At the same time mortgage rates have dropped off their highs by 20% to around 4% for a 30-year mortgage. Why are lower mortgage rates not spurring…
I’ve mentioned many times that house flipping is getting a little “long in the tooth”. This week I was featured in BusinessWeek/Bloomberg on this topic ( great article here is the link in case you missed it). Nationwide flipping…
The National Association of Realtors came out with their 2019 forecast saying: “the economy is “good.” And noted that we have low unemployment, record high job openings, historically low jobless claims, job additions for eight straight years and wages beginning…
