Most homebuyers forking out big bucks to buy down mortgage rate.
I’ve been insisting that the housing market is not crashing as many predictions have indicated. Redfin, Zillow, Opendoor, and more iBuyers are up and down on their predictions. However considering their stability in the market their credibility is questionable. I pulled this from Black Knight Data and Analytics President Ben Graboske recent report. While mortgage…
Despite the ongoing economic headwinds. I rock it!
There is still room for opportunity in real estate Although 2022 may go down in history as a year of housing market volatility, 2023 offers a chance for normalcy to return. As home sales and prices level off, many Americans who were on the sidelines last year should feel comfortable jumping back into the housing…
2023 Real Estate forecast, is it doom and gloom or an UPSIDE!
Residential real estate prices increased by 8.6% annually but decreased by 0.2% monthly. CoreLogic predicts home prices will be lower in the second quarter of this year compared to the same period last year. Home prices have dropped 2.5% since their peak in the spring of 2022 and are expected to continue falling.With exception of…
When Did Market Prices Crash?
President Carter took office in 1977, during a period of “stagflation,” which is defined as a period in which inflation is high or increasing, economic growth is slowing, and unemployment cannot be measured. It creates a quandary for economic policymakers because actions aimed at lowering inflation may exacerbate unemployment. As a result of a combination…
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