Posts

Media Lies About Housing Market; Slower Market ≠ Depreciation

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

Why Housing Prices Will Double In 6 Years; No Bubble Here…Part 37

Interestingly, Barry Habib (MBS Highway Founder), Ken McElroy (famous real estate investor), and some dude on Reddit all recently made the case for much higher housing prices – DESPITE HIGHER RATES. And all of them were responding to all of the housing bubble fears we see everywhere now on social media and in the press. […]Read More

Will a Recession Tank Housing Prices? Probably Not…

I know numerous people who are anxiously waiting for the next recession b/c they expect housing prices to tank. They can’t wait to swoop in and find bargains like the many that were available after the 2008 meltdown. BUT, according to Appraisal-Blogger-Extraordinaire, Ryan Lundquist, housing prices don’t always “correct” or decrease during recessions. Prices often […]Read More

Have Housing Prices Peaked? Probably Not, After Inflation

Many people mistakenly believe housing prices have surged out of control in recent years and may have peaked. The reality is that in most areas they are only back to the levels they hit previously in 2006. More importantly, if we adjust for inflation since 2006, housing prices are actually 16% below their 2006 peaks […]Read More