Insights

Real Estate Now vs 2008

4 min read

4 min read With the U.S Federal Reserve hell-bent on cooling an overheated U.S. economy, and choking off inflation, recession worries are reaching a fever pitch. The last recession of 2008-09 – “The Great Recession” – hit the housing market hard. For investors and homeowners who lived through that period, today’s recession talk is cause for anxiety.

But July of 2022 is a world away from July 2007. While a pullback/consolidation of housing prices…

Is Inflation Already Abating?

< 1 minute

< 1 minute When everybody thinks they what is going on in markets is typically when they reverse course. Perhaps that is happening now?

Consider the Positives of Negative Real Rates

3 min read

3 min read Homebuyers are freaking out about rising mortgage rates. But maybe they should be celebrating.

Since the close of 2021, the rate on the 30-year home loan spiked higher at a rate never before seen in a four-month span, surging from 3.1% to 5.25% at April’s end. It’s 5.10% as we write. For prospective home buyers who have spent the last couple years chasing rising housing prices amidst tight inventory, the mortgage rate surge likely feels very frustrating.

While the 30-year mortgage rate is still lower today than it was for any month except…

Is the Surge in Household Real Estate Wealth Adding to Unemployment?

Is the Surge in Household Real Estate Wealth Adding to Unemployment?

3 min read The strength in the current US residential housing market is most likely a long-term positive for the overall health of the US economy and has created a tremendous amount of wealth for homeowners. Strong housing demand, along with rising equity markets, and government stimulus were all a tremendous boost to US household wealth over the last year and a half and helped many homeowners weather the COVID financial crisis. The Wall Street Journal recently commented on this strength: “Home prices and stocks have soared, in part because of stimulus from the Fed. From …

Millennials One of the Most Dominant Forces Behind the Surge in Housing Demand

Millennials One of the Most Dominant Forces Behind the Surge in Housing Demand

3 min read The big story in residential real estate over the last few years has been the COVID crisis and its effect on demand for residential housing. This surge in demand has been primarily (but not solely) focused on suburban locations as large numbers of families migrated away from large urban centers. As the demand surged, prices followed suit. As recently reported in the Wall Street Journal, ““Rarely has the for-sale home market been more heated than in the past year. The median price …

Commercial Real Estate Experiences an Historic Year

Commercial Real Estate Experiences an Historic Year

2 min read Strong real estate markets continue to make the news. However, most of the reporting has centered around strong US single-family residential real estate. For good reason, too, as that market continues to experience historical demand. However, a bit less heralded, the US commercial real estate market …