Real Estate Reaction: Recent Episodes

Michael Phillips

Real estate broker Michael Phillips reacts to and gives his opinions on the latest real estate related news.

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CNN is reporting that, per the Treasury Department, the US government recorded a monthly budget deficit of approximately $88 billion in October.

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The November Consumer Price Index (CPI) Report for the month of October showed signs that U.S. inflation may be on its way down.

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Online real estate brokerage Redfin plans to lay off 862 employees nationwide and shut down its house-flipping business, RedfinNow, the Seattle Times Reports.

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Homebuyers have more leverage right now than they did in the past two years. Should you buy now or wait?

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The data suggests that people are borrowing less money with inflation on the rise.

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How much will real estate prices and values drop? Some analysts have different opinions.

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Opendoor lays off employees as it feels the effects of a tough real estate market.

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The Fed met this week and, unfortunately, they raised the Fed Fund Rates again. What is the FFR and how does it impact real estate? Let's find out!

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Construction is UP, but not for residential real estate. Let's explore why.

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How much are home prices dropping by? Let's find out!

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JP Morgan wants to disrupt the landlord-renter relationship. Will they succeed?

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Riding the all-time highs of the pandemic, some real estate markets are coming back down to Earth. Is yours?

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With interest rates double what they were at the start of the year, is now a good time to buy a home? You might be surprised.

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While everyone else is struggling, celebrities continue to offload their homes for record profits.