A recession, as defined by Oxford, is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. If you look up a housing recession in Oxford, the term does not exist
People in Colorado are turning to Google to search “are we in a housing crash”. Unfortunately, the click bait articles are getting attention. There are plenty of reasons I do not think the housing market will crash. And, 2 new reports just came out supporting it even more.
People in Colorado are turning to Google to search “are we in a housing crash”. Unfortunately, the click bait articles are getting attention. There are plenty of reasons I do not think the housing market will crash. And, 2 new reports just came out supporting it even more.
People in Colorado are turning to Google to search “are we in a housing crash”. Unfortunately, the click bait articles are getting attention. There are plenty of reasons I do not think the housing market will crash. And, 2 new reports just came out supporting it even more.
Today, homeowners have double the equity they had at the height of 2005 and only $1 trillion more in debt. Homeowners today simply need to not sell. And those sitting on the sidelines for the next year won’t pay 20% more for a home, thankfully! But, more likely, will likely pay 4-6% more AND…while they are waiting are paying down their landlord’s mortgage.
this last week had a months’ worth of data packed inside and to be honest, it wasn’t all good. In fact, in the wrong hands or headlines, it could look nasty. Throughout the entire week though, our mortgage rates kept going DOWN! Here’s why…
Mixed signals are everywhere. Here’s some clarity what to watch and the trends to watch.
Renovation loans got a bad rap. But recent changes, streamlines and our experience make these an option for buyers in this market.
Two job reports, same day… one positive, one negative. Here’s what conflicting reports tell us about the pending recession
