In February I published this article to stress the importance of recognizing and celebrating milestones. Adapting to market conditions is a full-time effort that comes with great risk and even greater rewards if done correctly. In addition to mortgage servicing and real estate assets, we just reached a new milestone that is worth sharing as […]
The end of 2023 has brought the first hints of a softening of the housing market that could awaken buyer demand and entice more home owners to list their properties for sale. The average rate for the 30-year fixed mortgage fell again this week to 6.61%, now down more than a full point from 7.79% […]
Home affordability in the United States has become unattainable for large segments of the population in 2022 thanks to high mortgage rates, inflation, housing scarcity and prices that were driven up by the historically low home loan rates seen during the first two years of the COVID-19 pandemic. The housing market this year has been […]
More than 40% of the U.S. population has now received at least one dose of a COVID-19 vaccine. Cities like New York are saying they will fully reopen in July. For the first time in over year, it appears that progress against the pandemic may be truly turning the tide. For many American workers and […]
With time winding down to the 2020 presidential election on Nov. 3, the typical hyperdrive of American politics is in full swing. As always, apart from the partisan divide, there are some very practical effects that elections tend to have on real estate in the United States. Historically, presidential elections have slowed down home sales […]
