Is the US Headed for a Recession? Recession Watch 2023: Is the possibility of a recession next year just negative thinking or is it clear thinking? Many don’t want to consider the unthinkable, yet we know what the signals are and how we’ll respond. Increasingly, the prediction of a recession is reaching full consensus with…
Is There Any Chance Home Prices will Fall? The top question from buyers isn’t about how to save and qualify for a home mortgage, or how to win a bidding war, or how to choose a Real estate agent. The top question asked is “when will home prices fall?” The rationale is simple. They want…
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…
Continued from the post: Stock Market Forecast Stock Market Long Term Projections The 2021 stock market forecast looks great for US-based companies which sell US-produced products. If the USMCA agreement is passed, it could bolster the US economy and brighten the housing market forecast. However, the Democrats could see this as their opportunity to thwart Trump,…
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…