In this article Yes, many pdits are still warning about a recession in 2024.  Here’s one example. Richard Dcan did a Macro Watch fourth-quarter update. He pointed out that between 1952 and 2009, all nine times total credit (adjusted for inflation) grew by less than 2%, and the economy went into a recession.  Credit growth […]

In this article Last week, Realtor.com published another version of its ‘‘magic number’’ forecast. The number in question is the mortgage rate number low enough to ‘‘freeze’’ the real estate market.  We know that the market has been in something of a gridlock for over a year now: Home prices are very high and keep rising. Mortgage […]

Fannie Mae is predicting a serious change in the multifamily real estate market. Ever since interest rates began to rise, multifamily has been on a downward spiral. Higher rates made profits fall, and as a result, buying and improving multifamily properties halted. And, with a massive lag in multifamily construction, new its were popping up […]