It has been a wild ride in the treasury market. Rates spiked to 7.5%, but recently have plummeted back to below 6%? Now they are rising again. What does this mean for real estate sales? Will the lower rates be…
Since Covid it seems like traditional patterns have been broken. I hear time and time again that X or Y is different and there have been fundamental changes. Is this true, is everything “radically” different now? Is a bear walking…
We are in a new paradigm for real estate. With talks of a recession getting louder, what does this mean for real estate. In 2008/9 real estate was radically different than today. Companies like VRBO and Airbnb were not even…
It will get much worse for the housing market and the mortgage industry. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales this week. Federal Reserve chairman Powell recently threw…
First, the pic above was the leading picture for a listing I looked at. I guess they were stressing the work from home conveniences in the office😊 Unfortunately this could lead to some “interesting” conversations with coworkers. With the back…
As of the writing of this article, President’s Biden’s plan is to forgive 10k in student loan per each borrower and further extend the payment pause until year end. How will this forgiveness impact real estate prices, mortgage rates, and…
There has been an unexpectedly sharp downturn in demand to truck everything from food to furniture since the beginning of March and rates in the overheated segment that deals in on-demand trucking jobs - known as the spot market -…
“A reckoning is due. Home prices and rents can’t separate as significantly as they have from their long-term fundamental trends without major issues arising in the marketplace,” said Ken Johnson, an economist at Florida Atlantic University, in an analysis. “Few…
The Federal Reserve just raised interest rates .5% as expected. The market originally rallied and then plummeted 5% the next day. The fed made a colossal error and the stock and bond markets are not buying their guidance. What did…
The average time someone spends in a home has increased from 8.7 years in 2010 to over 13 years in 2020; a whopping 50% increase. How is this impacting house prices? What caused the “break” in the game of musical…