Posts

Who’s To Blame For High Gas Prices & Why It Matters?

There are 150,000 gas stations in America, and most of them are independent “mom and pop” stations. Similarly, there are 9,000 oil companies in America. So – it is comical to hear politicians accuse the oil and gas industry of “colluding” to create higher gas prices – when it would be impossible. Gas prices are […]Read More

Fastest Rate Increase Since 1981; Will Recession Lower Rates?

The Fed has engineered the fastest increase in mortgage rates since 1981 – as rates have nearly doubled over the last several months. And, interestingly, housing continues to appreciate for the usual reasons we cite often: (1) inventory remains at record low levels primarily due to a lack of building, not demand, since 2008; (2) demand remains stronger than ever primarily as a result of demographics or millennials hitting homebuying age; and (3) affordability has not been affected as much as people think because incomes have risen with inflation.Read More

Why A Giant Stuck Ship (Suez Canal) Impacts Mortgages & Real Estate

YouTube gets me – and thank goodness for that b/c it sends me entertaining videos all day long, every day! This is why I know that Komodo dragons eat deer alive (Komodo saliva paralyzes the deer), why I know about the mating habits of cicadas (they only live a few weeks and come out every […]Read More