Why are Real Estate Prices so Persistently High? From the US to Canada and Australia, home prices are extremely high and they may not fall, according to housing experts. In fact, 2024 is likely to see more home price growth. There is some outrage, but there’s little action about it, because people don’t know what’s…
Be Smart, Sell your House Soon It’s taken a long time, but experts are finally calling for a recession. And the housing market? Well, they’re talking crash now. It’s not hard to understand, given there is no way home buyers can qualify for mortgages, which look like they could be headed very high. New loans…
Compare Lowest Home Mortgage Rates Mortgage rates are rising fast and could go much higher yet. The chart showing the mortgage rate forecasts is a bit frightening. Any refinancing you need, should likely be done now at 6% instead of 12% in the years ahead. On a $300,000 loan, the extra cost would be expensive….
When Will It Be a Great Time to Buy a Home Again? In September, prospective homebuyers once again sat on the sidelines, and even backed out of intended purchases. The task for a good Realtor near you has never been greater, whether you’re selling or buying. Stats from the latest housing market report show home…
When is the Next Stock Market Correction? Predicting the next stock market crash is never easy. So many economic, political, and international trade factors and more, are difficult to predict. We might think any mention of a stock market crash is pessimistic. Yet awareness of the factors that precede a crash is important for pensioners,…
House Features Most Wanted Today What are buyers wanting in their next home this year? It’s an interesting mix of features, yet are these features you’d be willing to upgrade for to sell your home at a higher price? NAHB conducted a survey of new home buyers about what they were looking for in a…
Real Estate Marketing Packages It’s a new home selling season and opportunities still abound in 2022. The challenge of being seen and heard and then connecting is no easy matter however, which brings is to promotion and marketing. Realtors with a strong online presence will at least be able to reach buyers and sellers. Seller…
Are Homeowners Getting Ready to Sell? A new study of 2583 consumers and their sentiment by Harris Pollsters suggests more homeowners are readying to sell their homes. They’re feeling they can take advantage of a hot real estate market before prices fall and want to sell in the next 6 months. They found sellers actually…
Unemployment Rate in the United States The Covid 19 pandemic interrupted a very positive reduction in the unemployment rate in the United states. 8 years of strong growth during the bull market stock market was crippled by the shutdowns. Now in late 2021, the economic recovery is beginning to deliver stronger job growth (4.8% unemployment…
Homeowner Equity Looking Irresistible Corelogic, a provider of premium housing sales statistics reports that in the 2nd quarter of this year, homeowners with mortgages (63% of all properties) watched their equity grow by 29.3% year over year. Collectively, in the nation, it was an equity gain of over $2.9 trillion, and an average gain of…
Sell My House Now! With home prices peaking and beginning to flatten, and with the economy showing some weakness, quite a few homeowners are wondering if right now is the best time to sell their house or condo. Selling your house fast for cash has always held connotations, but recently, the business model of companies…
Crash the Markets in October? Traditionally, the stock market hits the skids in October. Some of the biggest crashes were fall season events. The Bank Panic of 1907, the Stock Market Crash of 1929, and Black Monday 1987 all happened in October. There are plenty of reasons to believe typical investors can be spooked easy, especially…
Real Estate Vs Stock Investing With the stock market so hot of late reaching yet new highs in valuations, are you considering divesting and buying something else with your recent fortune? Or will you stick with the stock market forecast and buy Tesla, Bitcoin, or some Faang stocks and do something risky? If the…
Don’t Expect a Buyer’s Market in 2022 Without much support, other than cheap interest rates, the US housing market has soared for more than a decade, including the ultra rapid price rise in the last year. It’s made a few very wealthy and a lot of Realtors, home sellers, real estate investors, and rental housing…
US Home Prices Wondering about where home prices are headed? Is now the time to buy, and is selling now wise too? How high could US housing prices reach? Below we see the price forces and stats from real estate data sources such as NAR, NAHB, FRED, Redfin, Corelogic, Statista, Trading Economics and Reuters. The…
Finding Houses for Sale We half way into 2021, and home prices don’t look to be losing their upward pace. In fact, even as new listings grow and sales plummet, house prices keep climbing past record heights. If you’re hoping to buy a home this year, you’ll need to be very strategic in your home…
US Cities with the Lowest House Prices You might say there is still an affordable housing migration going on. People are moving to find cheaper housing in their city or in other cities across the US. As international travel opens up, we may even find more people selling their home and moving internationally. With respect…
Find Houses for Sale If you’re used to hunting through the MLS listings, you know the pickings are slim. To find a house in 2021, you have to broaden and refine your home search strategy. You may not be successful until 2022, You may not be successful until 2022, however the point is that the…
US Jobs Outlook The bungling of the recent jobs report is a sign of trouble with the current government and a sign the job market is troubled. The current report showed only 266,000 jobs created when almost 1 million were expected. This is a disaster. There are some job market and economic hurdles to deal…
Housing Metros Likely to Crash As the US moves toward the end of the Covid pandemic, flush with cash from stimulus bailouts and payments, it’s hard to imagine a risk for a housing market crash. But it’s not right now, or even 2021 that is the real risk. It’s the pressure of a housing bubble…