Tag Archive for: housing market

Getting Rich From Dry Powder (Cash On Hand)

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You don’t need to be a wealthy investor to take advantage of massive opportunities in a down market. You just need to make sure you have some dry powder (cash on hand) – and be ready to take the plunge when opportunities arise.Read More

Is The Fed Trying to Tank The Housing Market – Or Just Slow It Down?

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Agents in many of the markets we work in are telling us that they are now finally seeing a slowdown in the market. One agent who lists high-end homes in […]Read More

Why There Is Still No Housing Bubble

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Everyone Thinks Higher Rates Will Kill The Housing Market We shared this blog, Higher Interest Rates Did Not Slow Housing Appreciation; Why?, with our database in our monthly newsletter a […]Read More

Higher Interest Rates Did Not Slow Housing Appreciation; WHY?

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A surge in home prices continues despite the fact that interest rates have climbed significantly – and will likely continue to climb at least in the near term. So, the question is, why do prices continue to surge in the face of higher rates? Two Reasons: (1) High demand because of demographics; and (2) Low inventory.Read More

Insanely WRONG Predictions! More Coming Soon; Please Ignore Them :)

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CoreLogic predicted home prices would decline by 6.6% in 2021 – and they were off a little. Home prices appreciated by almost 20% in 2021! What makes this enormous error […]Read More

Zillow Exits iBuying & Proves ALL Is Right With the World

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BETTING ON CANADA! In the 2010 Olympics, Canada played the U.S. for the gold medal in hockey – and I upset a hockey fan and friend by betting on Canada. […]Read More

The Real Reason Zillow Stopped Buying Homes & Why It’s Good For Housing

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Zillow announced yesterday that they are no longer buying homes (through the end of the year). It was all over the headlines, and numerous people sent me links to the […]Read More

The One Thing That Can CRASH The Housing Market!

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I have repeatedly blogged about reasons why we are not in a housing bubble: Demographics & Demand: Homebuying demographics are peaking, as a surge of millennials is just now hitting […]Read More

There Is A Huge Glut of Wood, So Why’s Lumber So Expensive?

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There are three reasons why: (1) Many sawmills shut down after the 2008 housing crisis because demand fell to zero; (2) many shut down last spring because of COVID and have yet to fully revive; and (3) the cost to build new mills is prohibitively expensive in this day and age because of their complexity; sawmills are all about technology and software now. So, they need a lot more highly trained and really smart “Scrawnies” as opposed to “Brawnies.”Read More

5 Major COVID Effects After One Year; Way Hotter Housing Market – WHY?

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It was one year ago this month that the World Health Organization declared that the “Coronavirus” (old-fashioned name for COVID) was a “pandemic.” And holy smokes has the world changed […]Read More

Why CA Is So “Hot;” Median Home Prices

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MEDIAN HOME PRICES If the CA housing market was not appreciating at all, but every buyer suddenly decided they would only buy 4,000 square foot, $1 million homes in 2021 […]Read More

2021 Predictions: Rates, Inflation, Housing & Affordability

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I often point out how difficult, impossible and/or ineffective it is to make predictions for anything nowadays. This is because we are in uncharted waters when it comes to this […]Read More

4 Reasons NOT to Fear “The Coming Tsunami of Foreclosures”

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Forbes.com recently published The Serious Disconnect Between A Hot Residential Real Estate Market And The Coming Tsunami of Foreclosures. And I thought, here we go again… The author expresses serious […]Read More

6 More Reasons Why Inventory Is Low; Not What You Think

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I recently blogged about the coming “Nuclear Winter” for housing, focusing primarily on a massive pending inventory shortage. I am beating that dead horse one final time for several reasons: […]Read More