By Douglas Katz – 06/23/2022 First let me get this out of the way. I recommend strongly that you delete, throw away and disregard any forecasts more than 30 days old. Too much has changed in the markets and, more importantly, in the sentiment of real estate and mortgage professionals, buyers and sellers. Rates have …
By Doug Katz – 06/16/2022 Two large players in the housing market announced layoffs this week and this is not the first companies to trim their workforce. In their announcements, Redfin and Compass communicated job cuts of 8% and 10% respectively. This is on the heels of some pretty substantial layoffs in the lending sector …
Increased Layoffs Show Further Signs of Housing Correction Read More »
By Doug Katz – 06/14/2022 In a recent interview, billionaire Lee Cooperman made these observations about the markets. “It’s a bear market,” he said “We’ve gone through one of the most speculative periods I’m aware of: SPACs and all that kind of crap that was going on. Crypto, and NFTs…I think it will be unlikely …
The Bear Market and Further Declines Will Impact Homebuyers and Sellers Read More »
