The Peterson Report Richard Peterson

Don't get me started on real estate headlines today. The sky is not falling, and we are not heading into a foreclosure crisis - unless every single underlying number is wrong on its face. Time to get real. Don't listen to the pretenders.

Some mornings I feel an awful lot like Don MacLean in American Pie..."bad news on the doorstep/I couldn't take one more step..." It's no longer worth comparing the current market to the previous markets. At this point, it's a little bit like comparing different eras in MLB; same rules but completely different games.



Also, April is Fair House Month. Listen to learn more about the 1968 Fair Housing Act.

Where is the spring market headed in Napa & Solano counties? Is it even possible to say? How will the banking collapses affect the real estate market? Here's a link to my walk-a-thon team page: https://linktr.ee/rfpetersonrealtor

I've been beating up on the Fed a bit lately, but the truth is the market is doing pretty well, all things considered. There are still buyers for homes. There appears to be both a price floor and a price ceiling. That might not be a bad spot to be in at the moment.

Demand from buyers is exceeding inventory and low inventory is going to make for a strong spring selling season. Also, the Fed needs to stop raising rates.

What's up with interest rates? I'm all in on a bull real estate market this spring...American Canyon is unhappy with the Napa Cove Apartments