Huge Number of Homeowners Hold Onto Favorable Mortgage Rates
April 18, 2024 | Reading Time: 6 Minutes Something profoundly unusual has unfolded in the American housing market over the past couple of years, marked by a rise in mortgage rates to around 7 percent. These rates, though not historically extraordinary by themselves, present a challenge due to the fact that the average American household […]
Foreclosures coming? Not likely
April 15, 2024 | Reading Time: 1.5 Minutes In 2012, the housing market dynamics were vastly different from previous downturns. Foreclosures were minimal, with delinquencies representing only a fraction of what they were in 2008. Unlike prior crises where foreclosures dominated inventory, this time, there’s virtually no hidden inventory, posing little risk to price stability. […]
Monitoring the Federal Reserve
April 15, 2024 | Reading Time: 1 Minute In 2024, the greatest potential for upheaval lies in unexpected events, akin to black swan occurrences like the pandemic. Despite the current focus on monetary policy over fiscal policy in the United States, keeping an eye on the Federal Reserve’s actions is crucial, especially regarding interest rates. […]
How-Will-The-NAR-Settlement-Affect-Real-Estate-Investors
April 08, 2024 | Reading Time: 4 Minutes Well, imagine real estate investors as the hip dudes sitting in the back row of the theater, watching the drama unfold on stage with a knowing smirk. The $418 million real estate settlement is like a plot twist they didn’t see coming, but we are already thinking […]
Key Market Indicators That Impact Real Estate
April 8, 2024 | Reading Time: 2.5 Minutes Key market indicators play a crucial role in influencing the real estate market. These bad boys are like the weather forecast for your property empire – they tell you if it’s gonna be smooth sailing or if you’re in for a storm. They provide insights into economic […]