I’m getting questions about the “coming recession”. It was originally predicted to begin at the end of the Obama presidency. But, it didn’t. Quite the opposite happened. The markets jumped and passed all former ceilings. My point is, it is an emotional cause, not a fundamental cause. People say bad stuff, freak out and coincidentally, […]
January 2019 home prices
I get asked all the time about how the market is doing. “I don’t want to buy at the top” is part of the daily vernacular. Though no one really knows, the residential real estate market has a clear and predictable wave. Judging by this report by Realtor.com and after considering the annual wave, the […]
Should we automate real estate appraisals
Automation is great, for some things. But, I believe getting rid of the appraisal is a bad move. Market value has so many factors. No computer can automate this because the source of the information will be provided by model averages which are derived from human input. These inputs will have a vested interest in […]