The pandemic lead to more people being allowed to work from home. While many companies are trying to pull people back into the office, many are allowing some flexibility. Something like 35% of people are now able to work from Read more…
Month: September 2022
Ingo Winzer of Local Market Monitor has performed real estate analysis for more than 20 years and his predictions are, in my experience, better than those of financial media. In 2005, he warned that many housing markets were dangerously over-priced. Read more…
When interest rates go down, real estate values go up even if incomes are flat. This is because buyers look at cost in terms of monthly payments. At the beginning of this year, mortgage interest rates for a 30 year Read more…
Friends have been asking me how much I think real estate prices will decline. As with all predictions, it depends on who you ask. Goldman Sachs economists updated their house price outlook to call for home price growth to stall Read more…
The U.S. housing market is in a downturn. Bidding wars have given way to, first, more days on market, and, now, we are seeing price reductions. The turning point was when the Fed raised interest rates dramatically. At least that’s Read more…