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...
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February 2023 – Real Estate Market Update
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...
January 2023 – Real Estate Market Update
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 welcome....
Will Home Prices Drop in 2023?
Comprehensive 2023 market information for real estate buyers, sellers and investors.
November 2022 – Real Estate Market Update
It's late fall already and the real estate market continues to be unpredictable and constantly changing. This means it's time for the November 2022 real estate market update. In the past two months I've had listings that sat on the market for weeks before receiving a...
October 2022 – Real Estate Market Update
My October 2022 real estate market update begins with the news that the September consumer price index (CPI) report which came out last week showed higher than expected increases, despite actions taken by the Federal Reserve to combat inflation. Here are a few...
September 2022 – Real Estate Market Update
Welcome to my September 2022 real estate market update. As you may have heard by now, in an effort to combat ongoing inflation the Federal Reserve raised interest rates by 75 basis points on Wednesday, marking the fifth increase of 2022. While the Federal Reserve Rate...