The market is wasting NO TIME in 2024. Renters and homeowners alike are feeling bounced around by market shifts, uncertainty and a changing landscape that’s got a lot of people scratching their heads. The questions then become: What can we learn from a millionaire renter? Why are existing home sales rising while rates are too? And how do we fix the California housing crisis?
The Spring/Summer buying season is already upon us, BUT bold predictions of mass uncertainty are shifting conversations and decisions already. With more and more homeowners staying in their homes for much longer than before, will you be hunkering down in 2024 – or will you be GOING FOR IT to make this year the most memorable of your real estate ownership experience.
A Realtor.com article came out just in time for valentines day that asserts homeownership could be the latest humble brag, but is it really? We agree and disagree on this while also batting around the idea of accessing Home Equity, insurance companies leaving homeowners high and dry in high risk areas, and review the latest loan delinquency data.
Clashing factors are digging their heels in when it comes to housing. The Federal Reserve held rates as expected, but rising housing prices have voters putting the pressure on legislators. Who will budge first, Fed Policy or Policy Makers?