It's no secret that inflation is hitting hard and shows no signs of letting up anytime soon. Rental amounts feed directly into the inflation statistics, and according the Brookings Institute, it's estimated by the Bureau of Labor Statistics BLS) that “Housing represents about a third of the value ...
In March of 2020 when covid quickly was ushered into pandemic status, there was wild speculation about what was going to become of the real estate market as a result of potential business closures, layoffs, vaccine mandates, transition to remote work, and anything else you could think of as a result...
Could we be seeing a "eureka" moment in the area of residential solar power? Residential lending giant Rocket Mortgage® has dove head-first into the residential solar power market with the creation of Rocket Solar® and has made access as easy as a few clicks away for many who have shied away...
For most of 2021 and the better part of 2022 the housing market was both as robust as it was challenging. The robust part of it is pretty self-explanatory, especially to anyone who was trying to buy, or even rent a home for that matter. At the same time, challenges unlike many had never ...
Here at PropertyGuerilla.com we have long suggested that sustainability and conservation are critical for all forms of real estate and now as more is learned it's critical to incorporate these ideas into city planning and development. While we may not be completely sold on the notion that glob...
Over the past 18-24 months the real estate housing market has done some things we’d have never thought possible, and now that inflationary pressure has infiltrated this market the results come as no surprise either. The Federal Reserve Board and the Federal Open Market Committee (collect...
Each day we scour the marketplace for news to share that is pertinent to both consumers and real estate industry professionals alike. When we saw this article the title was one of “interesting” wording, so after reading between the lines it still brings good news to the table. Ask any Realtor® ...
Well as new fears about new covid variants dominate the airwaves and social media outlets, it seems that the fear factor for housing is following along. Prices have not shown any sign of letting up, and sentiment among would be buyers is starting to reflect the same message. A good example of this l...
Despite fears that were initially put forth when then pandemic began, housing has not only been resilient, but literally record setting in almost every way. The secondary mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) played a big part in this, as they always have. Strangely enough, despit...
With the feverish pace of the housing market, we really expected to see many more articles and opinions like this than we have. As we always do, when we run across one that has obviously been given some thought before being written, we just can't help but offer up our two cents as well. To be clear,...
It seems that the waiting game is one that Rocket Mortgage® is not willing to play as they announce that they are jumping head first into both iBuying and discount real estate services in an effort to "combine every aspect of home selling and buying into one simple, customizable platform." Rocke...
This post is specifically dedicated to our Realtor® friends who are growing in numbers because we've had an artificially created market boom since Spring of last year, and the promise of "easy money" has them growing in ranks. Guess what? When people see that simply listing a house on the MLS th...
It seems that the waiting game is one that Rocket Mortgage® is not willing to play as they announce that they are jumping head first into both iBuying and discount real estate services in an effort to “combine every aspect of home selling and buying into one simple, customizable platform.” Rock...
As housing inventory continues to dwindle and prices continue to surge, Treasury Secretary Janet Yellen has expressed more concern based on the pattern of sharply increasing inflation and how it could further add to the woes of the overall real estate market. She has said that short term inflation i...
In earlier blog posts we had informed you of ongoing class action suits against the National Association of Realtors® (NAR) in a suit alleging anti-trust violations against NAR and the 20 largest Multiple Listing Service (MLS) boards in the Country. Recently there was a settlement reached between N...
Lately there’s been a lot of news about “hacking” and it’s nothing new. For years, banks, financial institutions, websites, heck…even the IRS have been hacked. It’s too early to know if this will ever be stopped because as technology to protect information gets better, so does the techno...
Even as mortgage rates creep up, with today’s fixed-rate 30 year average at 3.38% they are still incredibly low by any measure, but the panic days of the pandemic may be in our rear view. Looking back, it was only in January of 2021 that rates dropped to the lowest ever recorded levels, and while ...
It seems that the chickens may have come home to roost when it pertains to real estate and the continued price escalation of housing. As the pandemic took hold and despite some ghastly predictions as to the fate of housing, the real estate market reacted swiftly and has showed no signs of letting up...
There's a new community outside of San Diego slated to open its first phase later this year with pre-sales beginning in June. It is called “3Roots” located in Mira Mesa, CA. Only 200 homes are expected to be delivered this year, from the total of 1,800 by 2025, has an interest list of already 14...
Covid changed a lot of things, some bad and some not. The eviction moratorium that was fist enacted under the CARES Act in March of 2020 was intended to be a temporary measure that did not apply to all residential housing, but only to properties tied to Federal assistance programs or those funded th...