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…
Residential Real Estate Market Outlook February Sees a Big Rebound for Housing March 21, 2024. Normally, a quiet month, February 2024 saw big increases in completed sales, listings, along with a slight rise in prices. It bodes well for this summer’s sales season as the FED indicates 75 basis points in interest rate cuts for 2024….
Toronto Housing Market Report Despite rising mortgage rates, buyers in the Toronto housing market became more active in February. New stats from TRREB show sales grew another 33% after a 33% growth during January. Clearly, buyers are once again interested in purchasing homes and aren’t deterred by excessive lending rates or ridiculously low affordability. Home…
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…
5 Year Forecast for the Housing Market What does the market crystal ball indicate about the 5 year outlook on the residential real estate markets across the US? Experts seem pretty certain home prices will fall this year, but almost none of them want to project beyond 2023. But homebuyers aren’t interested in 2023 anymore,…
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…
Rate Forecast: Are Lower or Higher Mortgage Rates Ahead? You’re asking should I Should I Buy a House Now or refinance my mortgage? Is a crash of the housing market a possibility? Will Mortgage Rates go Down? 1, 5 and 30 year mortgage rates are dropping. And with oil prices rocketing today, inflation is an…