US bank lending slumps by most on record; The fed now predicts a big change

US bank lending slumps by most on record; The fed now predicts a big change

US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses.  Why the sharp pullback in lending?  What does this mean for commercial and residential...
Where is inflation heading and why? What does this mean for real estate?

Where is inflation heading and why? What does this mean for real estate?

Once again, the recent CPI report came in much higher than expected.  Why did the market drastically miss this prediction?  I’m not even an economist and figured out months ago inflation would be higher for longer as everything I buy from groceries, dining out,...
10k of student loans forgiven; what does this mean for real estate and mortgage rates?

10k of student loans forgiven; what does this mean for real estate and mortgage rates?

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 prospective purchasers?  What...
Fed hits brakes hard, largest increase since 94, Mortgage rates surge 6.3%, not all real estate is impacted equally

Fed hits brakes hard, largest increase since 94, Mortgage rates surge 6.3%, not all real estate is impacted equally

All I can say is wow. On a dime, the real estate market changed overnight.  I was predicting mortgage rates around 6% over the course of the year. The change happened in one day with rates easily cresting 6.3%!  What does this big surge in interest rates mean to real...
Zillow’s predictions in 2022 show house price surge of 25%, how accurate are there predictions?

Zillow’s predictions in 2022 show house price surge of 25%, how accurate are there predictions?

According to Zillow, house prices will continue to skyrocket in 2022 with hot markets posting gains of 25% plus.  What factors are driving these predictions?  How accurate are Zillow’s 2022 predictions for appreciation?  How does Zillow’s estimates compare with...