Artificial intelligence (AI) is rapidly transforming the real estate industry, providing a wide range of benefits for both buyers and sellers. Today we unpacked some AI uses along with some proposed uses and discuss whether the benefits are worth the risks. Could this cause a Great Divide between tech adopters and traditionalists?
Mortgage rates were pretty neutral last week which is what we expected because it was the week leading up to what we call Fed week. That brings us to today – the week where we expect to hear from Jerome Powell about their interest rate decision, any changes to monetary policy, and then watch his […]
Consumer sentiment is UP. Home prices are UP. Mortgage rates are UP. Mortgage applications are DOWN (currently). New home starts are UP. New home sales are still fetching buyers. Even existing home sales are experiencing multiple buyers once again… Are we facing a “NEW NORMAL” for real estate and the consumer?
Mortgage rates got better last week but only returned closer to where they were 2 weeks ago. The mortgage rate story over the last year has been mostly about the Federal Reserve’s attempts to squash inflation and reduce their balance sheet. In the wake of that, mortgage rates have been on a tear upwards since […]
Recently a viral post saying “AirBNB Collapse is Real” stirred up quite the conversation on BOTH sides of the issue. So are they REALLY in trouble, or is this just HYPE? This week we discussed how this fact or fiction weighs in on Real Estate and Mortgage.
Mortgage rates went up last week while you weren’t looking. It WAS a short week, but we still ended up taking one in the chin when it comes to rates. These 4th of July markets weren’t playing around, and the release of the Fed meeting minutes confirmed what was already admitted by Jerome Powell – […]
This week we talked about some of what’s happening on the front line in Real Estate. National Headlines, news shows and online newsletters can paint certain pictures that don’t always reflect what’s happening in our own back yard. In this episode you’ll hear some of our most recent stories of homeowners winning in the market, […]
Mortgage rates this week are most likely to continue hovering in their most recent range; however, it is notable that certain sectors of mortgage rates crept up in line with the 10-year yield (which rates most closely follow). If this is the first time you’re hearing this. The 10-year yield and mortgage rate directions follow […]
Housing inventory has been plaguing most of the country in 2023. However the recent resurgence of Homebuilder confidence and the increase of housing starts led us to discuss is the “housing recession” over?…and did it even really happen?
Mortgage rates this week are most likely going to continue to trend sideways, having it’s ups and downs in relation to which way the wind blows and market reaction to economic news, especially anything that relates to inflation – good or bad. And here’s why, last week Jerome Powell spent 2 days on Capitol Hill. […]