There sure is a lot going on in the real estate industry so far this year. Litigation from class action attorneys and attacks from the Department of Justice on our very principles of cooperation and the fundamentals of the MLS. A market with low … [Read more...]
GOT TO PICK UP OUR GAME!
You can write it down now, the real estate market in Hampton Roads/Northeaster North Carolina and most of the rest of the country is in a downturn. Things went south in June 2022 and haven't improved significantly since. The federal government's … [Read more...]
LOOKING FOR BIG THINGS IN THE SECOND HALF OF 2023!
President Biden just signed the debt ceiling bill! Let the games begin. Hopefully, this will encourage the FED to ease interest rates and the stock market to climb. That is no reason for this country to go into a recession. We have high employment … [Read more...]
TIME TO GET BUSY!
It was a slow Winter in our real estate market but about like any Winter before COVID. Real Estate was still selling and some of our agents enjoyed tremendous success. As Spring settles in and interest rates continue to decline, I think Hampton … [Read more...]
PUT YOUR PLAN INTO ACTION!
2023 is underway and it's time for you to PUT YOUR PLAN INTO ACTION for listing and selling real estate in the New Year. At the Rally last month, we talked about getting excited about real estate and motivated for Success in 2023. The market … [Read more...]
Reflecting on the 30-year Fixed Rate Mortgage
The sharp rise in mortgage rates from May to July of this year presents an opportunity to reflect on the merits of one pillar of the US mortgage finance system; the 30-year fixed rate mortgage. The 30-year FRM has many positive and a few negative … [Read more...]
