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What the Fed rate hike means for the economy

Housing Wire

On Wednesday the Federal Reserve hiked interest rates 0.25%, which has forced me to raise my second recession red flag on this historic economic recovery and expansion. The first Fed rate hike isn’t going to take us into a recession, it just raises the second of the six flags we would need to go into a recession.

Mortgages 439
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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. We got to as low as 0.32% on that Monday morning in March when the crisis was hitting the markets the hardest.

Mortgages 543
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Another Day, Another Brilliant Rental Scam!

Toronto Realty Blog

” I told him to slow down, start from the beginning, and explain everything to me. Or is the best scam simply the most elaborate? While I’m going to detail a rental scam that I witnessed, first-hand, earlier this year, first I need to regale you with the story of the truly “best” scam I’ve ever seen work.

Banks 100
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The Inevitable Discussion About Blind Bidding

Toronto Realty Blog

Blind bidding is causing our market to shoot for the moon! Let’s start from the very, very beginning: real estate is expensive. I guess part of me just felt like this post would prove to be a fool’s errand. At least, not a two-way discussion. Many people already have their minds made up! Blind bidding has to go!

Agents 90
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Problem, Solutions, & Everything In Between

Toronto Realty Blog

What is the “problem” with the Toronto real estate market? Does anybody care to admit what so many of us already know to be true – that jealousy and have-not’ism are at least partially responsible for the backlash against rising prices in the Toronto real estate market? April 7, 2021.

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Top Five: Real Estate Stories Of 2021

Toronto Realty Blog

” I nearly spit my coffee back into those awkward, oversized cups that always spill… 2017: The market insanity from January to April. .” ” I nearly spit my coffee back into those awkward, oversized cups that always spill… 2017: The market insanity from January to April. 3) The Rental Market.

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Thinking About Writing a Love Letter to the Seller of Your Dream Home? It’s Not Always a Good Idea

HomeLight

Disclaimer : This article is meant to be used for educational purposes only and is not intended to be construed as financial or legal advice. You’ve fallen in love… with a house. Working with a trusted real estate agent can help you ensure you are submitting your best offer, without risking fair housing law violations.