Will Biden Mandates Crash the Real Estate Market?
Will Biden Mandates Crash the Real Estate Market?
Is the housing market is about to crash?
The real estate market is doomed. Housing prices are sky high and there is a frenzy in the housing market to buy single family houses. This is the first time in history, that the president has deliberately CAUSED mass unemployment, instead of trying to eliminate it. This guy needs to go. Like yesterday! Let’s go Brandon! Read more
Real Estate Red Flags – Wealthy Selling Their Property
Real Estate Red Flags – Wealthy Selling Their Property – Going into Rentals
The local markets are very different, so it is impossible to make a general conclusion. The FED’s data shows that the number of houses for sale on the market is increasing, so the shortage of homes for sale may be near an end. Read more
New Tax Hikes Bad for Real Estate Market
New Tax Hikes Bad for Real Estate Market and stock markets!
Massive Tax Hikes Across the Board – Could be just days away!
We may be facing massive tax increases in the coming days! What should you do to shield yourself against massive tax increases such as capital gains tax, income tax and other taxes that will be needed as congress raises capital for the new 3.5 Trillion Dollar Infrastructure Bill? Read more
Pending Home Sales Fall
Pending Home Sales Fall
The housing market just went negative yet again. Pending home sales in the US have DECREASED over the last 2 months in a row. I share all the details in today’s housing market update including a real estate update on home prices thanks to a brand new report from Corelogic.
This is a very good video with a lot of good information and statistics. But whether intentional or unintentional, no mention is made of the fact that the decline in pending home sales is occurring during the traditional strongest time of the year for real estate sales! Read more
Evictions are Coming
Evictions are Coming
Almost 2 million people in eviction bans set to end all at once . . . this could this be the tipping point for the correction!
Southern California real estate market
Southern California real estate market
There is absolutely no doubt that here in Southern California the residential real estate market has become a unlikely beneficiary of the Cove in 19 virus. Yes, the urban downtown areas seem to be less appealing to real estate investors these days because of the lockdown orders and the social unrest that so far has seen to be confined to the inner cities. The big beneficiary here, has been suburban residential real estate. Read more
Real Estate Market Recovery
Real Estate Market Recovery
With nationwide lockdowns beginning to lift, buyers and sellers who took a pause during the COVID-19 pandemic are starting to venture out into what used to be the hot summer home-buying market.
The economy and the housing market continue to see signs of improvement—particularly in terms of buyer demand. The labor market impacts continue to shrink while mortgage applications and showing appointments continue to improve. More REALTORS® are closing deals and helping their clients to purchase homes. Read more
Real Estate market good news
Real Estate market good news
With the coronavirus lockdown, the California ban on evictions and foreclosures, the worsening real estate inventory shortage, and now the protests that are turning into riots, it just seems like 2020 has had a really negative start.
Well, now things have seemed to be stabilizing with many of the virus restrictions being lifted and the most recent unemployment rate actually going down when many expected another increase. There’s also some very good news about the real estate market Read more
Home Mortgage Demand
Home Mortgage Demand falls even with low interest rates
Well, this should come as no surprise, a recent report shows that the coronavirus pandemic is causing many buyers and sellers to delay their potential purchases and sales of their homes. Actually, home purchase demand is at a five-year low!
Because of the extremely low home mortgage interest rates, refinance applications are still remaining high. Read more
Home Mortgage Applications Increase
Home Mortgage Applications Increase
Mortgage applications increased 5.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 2, 2019. Read more