Housing Market Crash?

Housing Market Crash?

Dreaming of a Housing Market Crash? As the FED pushes the envelope on interest rate and mortgage rate rises, many buyer prospects continue to hope for a housing market correction with lower prices. Well okay, they would prefer an outright crash. Because prices are unreachable no matter what mortgage rates are.  And it will take…

Florida Housing Market

Florida Housing Market

Florida Real Estate Market Despite high rising mortgage rates for the last year, home sales in Florida have been relatively strong. Florida home prices too have risen to record heights. In July however, the Fed rate rises are beginning to take a bite out of the Florida housing market. Both Florida Realtors and Redfin report…

California Housing Market Update & Predictions

California Housing Market Update & Predictions

California Real Estate Market Forecast It might be more difficult to characterize and explain California’s dynamic yet troubled housing market than other states. While the overall housing market here has its medians and averages, and has been injured by the FED interest rate hikes more than other states, the real story is seen when drilling…

Leaving California

Leaving California

Are People Still Leaving California? It sounds inconceivable to many of us who grew up with powerful images of the state of California with its wealth, beaches, mountains, and beautiful climate, that everyone there might want to get out. Yes, more polls suggest Californians are fed up with how their society and government are run…

Oregon Housing Market

Oregon Housing Market

Oregon Housing Market The beautiful state of Oregon is a desirable destination for many Americans, even California expats, for jobs in technology and for living in its natural splendor. The title graphic above attests to its astonishing natural beauty with mountain vistas, spectacular rivers and waterfalls, and magnificent nature trails that attract tourists from around…

Mississauga Real Estate Market Update | Milton Oakville

Mississauga Real Estate Market Update | Milton Oakville

Mississauga Housing Market The story of residential real estate in the Mississauga/Milton/Oakville region is one seen across Canada as higher mortgage rates are pricing a growing number of buyers out of the market. And with a ban on foreign purchases of property, the Mississauga buyer market profile has changed greatly.  Canadian buyers struggle to find…

Housing Market Roundup!

Housing Market Roundup!

News Roundup for a wild Real Estate Market as we head toward 2023! The 2022 housing market rodeo isn’t over yet.  There’s a lot happening in US housing markets, and there’s plenty of uncertainty for homebuyers and home sellers, about where housing markets are heading in the next 12 months. It’s going to be a…

Vancouver Housing Market

Vancouver Housing Market

Vancouver Housing Market Update and Forecast Vancouver has built its reputation as one of the most beautiful cities and locations in the world. The modernization of the city, incredible mountain vistas, moderate climate with a surprising amount of yearly sunny days, high tech center growth, tourism and neighboring mountain recreation areas makes this area a…

Housing Inventories in Florida Bottoming

Housing Inventories in Florida Bottoming

Florida Housing Supply Dries Up The Florida housing market remains one of the hottest housing markets in 2022 despite a continually diminished listings of Florida homes for sale. The lack of housing construction is a topic I’ve been writing about for years. It’s due to government policies (NIMBY) resistance to new housing development and it’s…

New MLS Listings Grow

New MLS Listings Grow

Housing Supply – New Listings NAR reports a dip in new home listings this week, however in many cities, new listings were rising.  See NAR’s latest report below on those cities with the most new listings. New listings were up substantially this year vs last. In Florida in June, new listings rose 21% and in…

Calgary Real Estate Market Forecast

Calgary Real Estate Market Forecast

Calgary Housing Market and Update The residential real estate market across Calgary is similar to most housing markets including Toronto, Mississauga, Vancouver, Kelowna and Montreal.  Housing sales in the last 13 months, and in particular the first half of this year were up sharply. The question is whether sales and prices will continue rising or…