The economy never rests which means it’s again time for my March 2023 real estate market update. And how quickly things change. Last week saw Federal Reserve Chairman Jerome Powell testifying before congress and indicating that further interest rate hikes may be...
When it comes to listing a home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. Homeowners who try to do it themselves – or...
We’re now well into 2023 and there is a slew of new national economic data for us to chew on. The January Consumer Price Index (CPI), the Commerce Department Retail Sales report, and the Congressional Budget Office (CBO) 10-year forecast for the economy and the...
Welcome to 2023! The rainy season really descended on us in mid-December and we’ve seen a constant deluge nearly every day since. While this has undoubtedly been beneficial for our ongoing drought conditions, a respite from the constant rain is definitely...
Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to...
