Toronto Housing Market Report TRREB in its September housing market reports a rise in home sales with a price drop in the GTA region. More sellers listed their homes, with many of them deciding to give up on their “dream price” to get their home sold. For home buyers, it’s an issue of affordability, down…
Is President Trump Trying to Crash the Stock Market? 🎢The themed wild roller coaster ride called Mr. Trump’s Wild Tariff Ride is providing lots of thrills and spills for the globe. I wonder if Disney or 6 Flags are designing a roller coaster in his honor, perhaps one that stops and goes backward? In the…
Rate Forecast: Are Lower Mortgage Rates Ahead? Will the FED lower rates in Mid September? And by how much? The next FOMC meeting will take place on September 17-18, 2024. If you’re a mortgage agent, these promise to be some lucrative times ahead as the refinancing wave begins. Actually, it’s already started and the banks…
5 Year Forecast for the Housing Market What does the market crystal ball indicate about the 5 year outlook for US residential real estate markets? As the information below points out, the market is at its worst in 2024, mirroring 1992 numbers. Now it’s in waiting for a release from the shackles of high interest…
Dreaming of a Housing Market Crash? Both buyers and sellers in the real estate market are sensitive to market crash indicators and hype in the media. And when we hear commercial real estate is at risk of a market crash, buyer’s are on the alert. The exodus from urban areas, remote work, rising taxes in…
US Government Shutdown The theatrics of negotiations between Democrats and Republicans over excessive spending continue at the White House this weekend. A coalition between House speaker and McCarthy (who speaks about himself in press sessions) and the Democrats reached a short-term measure to keep the US government open as did the more recent one with…
The Rolling Question of a Housing Market Downturn Another year has passed, with buyers and sellers asking whether the housing market could crash? Would that be a good event for buyers, the homeless, and as a launch pad for a 2024 housing market resurgence? There are economists and housing market experts who extoll the…
A Democrat Defeat Could Help Avoid a Recession Right now the talk is all about a recession and many see it as inevitable with no means of prevention. Even Larry Summers has raised his forecast for a recession to a gloomy 100%. These people have fully bought into the idea that the economy follows the…