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Fed lowers rates, will mortgage rates rise?
The million dollar question is where do interest rates head from here. The Federal reserve has hinted at more upcoming cuts, what does this mean for mortgage rates? Does the federal reserve...
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Will realtors’ settlement lower home prices?
With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices? The big premise of the commission lawsuit against the national...
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New Senate bill penalizes investors buying houses
Vice president Harris announced her support of a recently introduced bill aimed at curtailing investor activity in the housing market that she says is driving up home prices. This new bill is one of...
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Fed cuts rates half percentage, Why did mortgage rates rise?
The market was anticipating a much smaller cut by the federal reserve as inflation is still high and employment and spending is holding up. The odds were about 75% for a smaller cut, but the federal...
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New plan for government to offer 25k to homebuyers
A new plan unveiled by candidate Harris aims to provide up to 25k to every first time homebuyer for a downpayment. Like many of you when I heard the news, I did a double take. What is in the plan? …...
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Phantom debt soars, what does this mean for real estate?
Consumer spending in the world’s largest economy has been so resilient in the face of stubbornly high inflation that economists and traders have had to repeatedly rip up their forecasts for slowing...
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House prices falling in 11 markets, how accurate is the data?
According to a new Realtor.com report, among America’s 50 biggest cities, 20 show annual price declines since last year, and the metro with the steepest drop might surprise you. What markets are...
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Federal reserve cuts rates, should you rejoice?
The stock market went crazy after the half point cut by the federal reserve? Should you rejoice like the stock market? Take a look at the chart above showing all the recessions in the last 30 or...
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Amazon Back to office five days a week, ready to pick your seat?
Amazon now requires all employees to be in the office 5 days a week (hopefully you don’t get the office above) What does the five days return to office mean for real estate? The pic above was the...
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Huge increases in inventory, what does this mean for prices?
Even with falling interest rates, inventory has quickly increased. We have gone from a supposed shortage of housing to an inventory surplus in many hot markets. Home sales in July were at the lowest...
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