A real estate agent’s guide to calming first-time homebuyers
Buying a home for the first time can be daunting, especially with how the market has been over the past few years. Rising interest rates and softening prices can create even more doubt for first-time homebuyers. This doesn’t mean purchasing a home is a bad idea, but as an agent, you will want to be […]
Doug Noland: Dissecting Chairman Xi
The world is changing, and sometimes there’s an almost slow-motion element that offers a particularly coherent view of what the future holds. The UK, one of our closest allies, has succumbed to financial, economic and political crisis – with effective leadership seemingly a pipedream. Chairman Mao – I mean Xi – spewing ideology from an […]
Where did something wicked go?
Last Sunday, I wrote about the big swings in the stock market that had just happened as follows: I’m anticipating this coming week will be horrendous. That kind of extreme bouncing is nothing but the rapids right before the lip of the waterfall.… I think that is what this is — extreme chop like the […]
MN Gordon: Operation Break Stuff
Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market… You name it. The economy’s crashing and burning like an old Cutlass Supreme, and There’s nothing the central planners can do to fix it… by MN Gordon on Economic Prism: No plans or schemes will get the tired jalopy […]
A Governmental Fiefdom Of Alleged Philosopher-Kings Sowed The Wind And Are Now Reaping The Whirlwind
A weekend topic starting with the Colorado Sun. “Back in 2015, the median sales price for a house in Colorado was $285,000, according to the Colorado Association of Realtors. Between January and September, the median price averaged $575,000. ‘As you can see from the report, it would take pretty considerable drops in values in order […]
Luxury real estate in recession – What should we expect?
In the past couple of years, we have been seeing a real estate boom. Mortgage rates and inventory were astronomically low making for a seller’s market. People were bidding well above market price and still getting shut out by the competition. Now, all that is changing. The world is experiencing inflation and experts are predicting […]
How to get the most out of mortgage conferences
Conference season is here in full force. After a one-to-two-year break from in-person events due to the COVID-19 pandemic, it can be challenging to navigate the slew of mortgage conferences that hit the industry each fall. For some, conference season never stops. In a recent episode of the Housing News podcast, HW Media CEO Clayton […]
Lance Roberts: Fed Rate Hikes Approaching The “Breaking Point”
Well, it’s now official: Inflation did become the hottest news of 2022 as predicted in 2021: “Inflation Becomes The Leading Global Concern In 2022.” The next step in the forecast was that the Fed greatly over tightens because it doesn’t realize we’re already in a recession, and here is proof step-two is nearly complete: by […]