Predictions Archives - Dee's Real Estate Blog http://buygeg.com/category/real-estate/predictions/ What I've Learned in 20+ Years of Real Estate Investing Sat, 06 May 2023 18:56:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 http://buygeg.com/wp-content/uploads/2020/06/cropped-97-32x32.png Predictions Archives - Dee's Real Estate Blog http://buygeg.com/category/real-estate/predictions/ 32 32 “Local Market Monitor” Specifically Mentions Spokane http://buygeg.com/local-market-monitor-specifically-mentions-spokane/?utm_source=rss&utm_medium=rss&utm_campaign=local-market-monitor-specifically-mentions-spokane Thu, 27 Apr 2023 20:48:12 +0000 http://buygeg.com/?p=1210 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…

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]]> While inventory has gone down recently, the overall real estate market could be headed for more downside later this year (Las Vegas but probably applies here too) http://buygeg.com/while-inventory-has-gone-down-recently-the-overall-real-estate-market-could-be-headed-for-more-downside-later-this-year-las-vegas-but-probably-applies-here-too/?utm_source=rss&utm_medium=rss&utm_campaign=while-inventory-has-gone-down-recently-the-overall-real-estate-market-could-be-headed-for-more-downside-later-this-year-las-vegas-but-probably-applies-here-too Mon, 10 Apr 2023 17:51:41 +0000 http://buygeg.com/?p=1200 Contact Deepak Malhotra if you need help with real estate investing. Even if you are not looking in Cheney, Medical Lake, Airway Heights, or the Spokane area, mentoring services or referrals can be provided.

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]]> Where People Are Moving (Where You Should Invest) http://buygeg.com/where-people-are-moving-where-you-should-invest/?utm_source=rss&utm_medium=rss&utm_campaign=where-people-are-moving-where-you-should-invest Fri, 17 Feb 2023 02:46:32 +0000 http://buygeg.com/?p=1178 The U.S. Census Bureau released the net domestic migration data for 2022, indicating the number of people moving in and out of each state. Fewer and fewer people each year are migrating between states. There was much more migration earlier, Read more…

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]]> Bidding Wars Return in Some Cities Due to a Dip in Interest Rates http://buygeg.com/bidding-wars-return-in-some-cities-due-to-a-dip-in-interest-rates/?utm_source=rss&utm_medium=rss&utm_campaign=bidding-wars-return-in-some-cities-due-to-a-dip-in-interest-rates Sun, 05 Feb 2023 01:49:38 +0000 http://buygeg.com/?p=1173 A recent report from Redfin states that bidding wars have returned in several crucial housing markets, which is a positive sign for home sellers. Despite the deep decline in homebuyer numbers in November, mortgage rates have come down to just Read more…

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]]> Goldman Sachs predicts 4 US cities will suffer a crash in home values similar to 2008 http://buygeg.com/goldman-sachs-predicts-4-us-cities-will-suffer-a-crash-in-home-values-similar-to-2008/?utm_source=rss&utm_medium=rss&utm_campaign=goldman-sachs-predicts-4-us-cities-will-suffer-a-crash-in-home-values-similar-to-2008 Thu, 26 Jan 2023 01:26:41 +0000 http://buygeg.com/?p=1157 Goldman Sachs is predicting that home values will worsen through 2023 due to continued high interest rates. They predict that San Jose, California; San Diego, California; Austin, Texas; and Phoenix, Arizona will suffer the most drastic decreases, more than 25%, Read more…

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]]> Home Builders Warn Prices Could Drop Another 20% http://buygeg.com/home-builders-warn-prices-could-drop-another-20/?utm_source=rss&utm_medium=rss&utm_campaign=home-builders-warn-prices-could-drop-another-20 Thu, 20 Oct 2022 18:44:23 +0000 https://buygeg.com/?p=1146 Home builder confidence declined for a tenth month in a row in October. Climbing interest rates continue to weaken demand for real estate. Economists are warning that prices may be on the brink of collapse, according to the National Association Read more…

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]]> Where Are Renters Moving? http://buygeg.com/where-are-people-moving-2/?utm_source=rss&utm_medium=rss&utm_campaign=where-are-people-moving-2 Fri, 16 Sep 2022 21:13:29 +0000 https://buygeg.com/?p=1137 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…

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]]> Expect another 75bp or even 1% Fed Rate Increase http://buygeg.com/expect-another-75bp-or-even-1-fed-rate-increase/?utm_source=rss&utm_medium=rss&utm_campaign=expect-another-75bp-or-even-1-fed-rate-increase Thu, 15 Sep 2022 20:08:13 +0000 https://buygeg.com/?p=1133 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…

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]]> How Much Will House Prices Decline? http://buygeg.com/how-much-will-house-prices-decline/?utm_source=rss&utm_medium=rss&utm_campaign=how-much-will-house-prices-decline Fri, 02 Sep 2022 23:47:39 +0000 https://buygeg.com/?p=1128 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…

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]]> Housing Downturn Will Be Worse in 2023 http://buygeg.com/housing-downturn-will-be-worse-in-2023/?utm_source=rss&utm_medium=rss&utm_campaign=housing-downturn-will-be-worse-in-2023 Thu, 01 Sep 2022 00:38:33 +0000 https://buygeg.com/?p=1126 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…

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