Tag Archive for: appreciation

Why Do We HATE Each Other So Much? And Why Does It Matter For Housing?

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America has not been this contentious or polarized since the Civil War – as most readers know. Many people blame social media for this polarization. The ability to post online without being face-to-face and the ability to post anonymously – seems to foster much more contentious and polarizing discourse.Read More

Renting Vs. Owning When Rates Are Over 7%; What the Doomsayers Miss!

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The media are scaring the sh*t out of potential buyers again! And another myth they are pedaling is that it is now far better to rent than it is to own.Read More

Housing Data Remains Strong – Despite “Imminent Crash”

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Steven Van Metre is a macro analyst and financial planner who has been predicting an “imminent housing crash” for over a year, including here, here, here, here, and… here. Despite […]Read More

The Cost of Waiting To Buy a Home

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Waiting to buy a home? Learn how rising home prices and interest rates can impact your budget and purchasing power.Read More

6 Reminders for Depressed Real Estate Agents

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A prominent loan officer who has been meeting with multiple real estate agents recently told me that he has never seen so many “depressed real estate agents.” They are depressed […]Read More

How Interest Rates Impact Home Values (Not What You Think)

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“Jay, How Naïve Are You?” That was the response I got from a past client last spring when I was noting how higher interest rates had not yet impacted home […]Read More

Media Lies About Housing Market; Slower Market ≠ Depreciation

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Agents are telling me that some of their clients are getting cold feet about buying right now for a variety of reasons, including: 1) Concerns about higher rates and payments; 2) Concerns about depleted investment accounts; 3) Concerns about an overheated housing market; and 4) Misleading media reports that are scaring the heck out of everyone!Read More

The Cost of Waiting To Buy…

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A pre-approved buyer of ours is devastated because he lost $75,000 of purchase power, despite getting a raise, and is now priced out of his desired market. This is a result of two things: (1) higher rates; and (2) waiting months to make offers.Read More

Cold Feet In The Face of Uncertainty (Take The Money & Run)

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In the early months after COVID hit in 2020, I wrote numerous blogs about the strong likelihood of the economy and the housing market bouncing back. My reasoning was based on strong demographic demand, a shortage of inventory, the press’s propensity to make crises seem worse than they are, and America’s overall resilience in general (as we had bounced back from many other crises amazingly fast).Read More