Is the US Headed for a Recession? Recession Watch 2024: It’s time to revisit the matter of the recession threat. There are plenty of factors that might conspired to send the stock market, housing market and whole economy spiraling downward to rough landing. Yes, you’re wondering about the possibility as many others are. The general…
Will Home Prices Fall? People inquire frequently about home prices and when they’ll begin residing, but it just never seems to happen. What both real estate agents and housing market economists conclude is that falling prices can’t happen given that housing demand far exceeds supply. And the what of demand is about the type. Gen…
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…
Chicago Housing Market Update Buyer demand combined with lower construction output are helping to raise prices in the Chicago real estate market. Prices rose steeply in March 2021, as did the number of home sales. Similar to most housing markets across the country, housing supply and big demand from millennials wanting to buy at low…
Google Anti-Trust Charges Soon? The US department of justice continues to research and push forward on anti-trust investigation. It’s been delayed by the Corona Virus pandemic, yet the DOJ would be prepared to lay charges against Google Alphabet this fall. Google’s stock price dropped about 3% on the news, but the DOJ’s determination could result…
Lucrative Canadian Real Estate Market Spilling over into the US Before Corona Virus plague hit US shores, foreign buyers were a big factor in the US housing market. Foreigners were buying up US properties and the biggest increase is coming from Canadians. Even NAR’s Chief Lawrence Yun was surprised by the growing demand from Canadians…
California Homebuyers – Who Understands their Pain? A little empathy goes a long way. Our clients have hopes, needs, dreams and sometimes a frustrating reality. If you’re a realtor, mortgage agent, home renovator, home developer, building product supplier, or financial services provider, you probably need to get intimate with the pain of home buyers in LA, San…