According to Bill McBride, if inventory doesn’t increase in 2022, house prices will continue to increase at a double-digit pace. On the other hand, inventory could increase in 2022. There are several scenarios where it does: If there is a Read more…
Month: December 2021
It is hard for the Fed to increase interest rates without a risk of causing a recession. An increase in interest rates also puts downward pressure on real estate values as new buyers now qualify for lower monthly payments. It Read more…
I have seen this type of analysis before and it makes perfect sense. Home buyers are more focused on monthly payments than on purchase price. Employees are paid every couple of weeks. They qualify for a mortgage based on their Read more…
Ingo Winzer, of Local Market Monitor, has made some very good real estate predictions in the past. He developed a concept of Income Prices, which proved highly accurate in assessing real estate risk during the last two economic cycles. According Read more…
According to Realtor.com, Spokane is #3 on the list of hottest real estate markets for 2022, after Salt Lake City and Boise, and above Indianapolis, Columbus, Providence, Greenville, Seattle, Worcester, and Tampa. The work-from-home trend is causing people to move Read more…
FinCEN is soliciting public comment on a potential rule to address the vulnerability, in the U.S. real estate market, to money laundering and other illicit activity. Currently, title insurance companies in just 12 metropolitan areas are required to file reports Read more…