Remove articles red-hot-us-housing-market-begins-to-cool
article thumbnail

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.

article thumbnail

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.

article thumbnail

Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

Amid the challengers for buyers, there is an expectation for housing activity to continue puffing its Thomas the Tank Engine without a misfire – at least through early summer – before possibly lowering a gear. Rainier-esque peak of a decade past! It’s both fascinating and frustrating to watch. Thank you, Millennials! points at 34.