Mortgage

Omicron impact on inflation and real estate

What a week it has been a new Covid variant has emerged while at the same time, the federal reserve announced they are retiring the word “transitory”.  The stock market dropped and treasury yields increased.  What does all the recent…

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Rents

Rents accelerate 13%, is this a warning sign?

Would-be home buyers priced out of the sales market are finding little consolation when they turn instead to the single-family rental market. Prices are soaring there as well.  What is causing the large surge in rents?  How is this related…

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Rent

Home rents jump highest in 15 years

I have been saying for months that rent growth would accelerate.  The numbers are in and according to Corelogic, Single-family rents were up 5.3% year over year in April, rising from a 2.4% increase in April 2020. Nationally, rent growth…

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Real Estate Bubble Mortgage Forbearance Cartoon

Is there a real estate bubble brewing?

As I look around the real estate market, you cannot help but notice the craziness.  On my personal house in Colorado, my value is up around 50% in two years.  These same trends are unfolding throughout the country, with appreciation…

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