Mortgage rates are about 6.9% right now, and have been trending downwards for 2H 2023.
There's a poll going on in these forums, and most of you believe that mortgage rates will decrease in 2024.
I'm not betting on...
The update from the Columbus MLS has come in. Another solid year for the Columbus market. Feel free to reach out if you have any questions with local market conditions. The first 11 months of 2018 was a very solid yea...
“Prediction is very difficult, especially if it’s about the future.” So goes the old saying, but that doesn’t stop people from trying: from pundits to analysts to salesmen, many make grand projections about the future...
Hey folks,
I'm interested to hear the BP community's thoughts on whether we could be on the brink of a wage / price spiral in the U.S.
A wage / price spiral occurs when wages increase (which is occurring), and those...
I keep hearing that equity in houses are going to go up 10% next year and possible 15% in the next two years. People are paying for houses way over their appraised value and bidding wars are sparking up all over the ...
Real Estate News in Brief
What a week! We had a huge downward revision to the BLS jobs growth figures, the Fed minutes explicitly said that a rate cut on Sept 18 was likely, and average mortgage rates moved below 6.5...
I just read this article from Redfin (Housing Market Predictions for 2025) that predicts mortgage rates will stay at 6.85% in 2025.
That seems like one of the few predictions saying rates will stay that high. Are t...
By now you might have heard that a few financial institutions in the US and beyond have run into some difficulties..Somewhat counterintuitively the implosion of SVB bank and the downgraded risk of other regional and i...