mortgage rate

Unraveling the Threats of Stagflation in the 2023 Housing Market

Introduction: A Tale of Economic Shifts Meet Michael, a 45-year-old former marketing manager in St. Louis. Six months ago, Michael found himself unexpectedly among the growing ranks of the unemployed, a casualty of a company-wide downsizing. As he navigates the job market, Michael’s experience paints a vivid picture of the shifting economic landscape. Every morning, […]

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Homebuilders in Panic Mode? Mortgage Rates Just Did WHAT?

With mortgage rates hitting a shocking 23-year high and consistently remaining above 7%, builder confidence is shaking to its core. In this episode, I, John Schink of Deerwood Realty, delve deep into the latest National Association of Home Builders/Wells Fargo Housing Market Index to shed light on the severe decline in builder sentiment. Discover why

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Understanding the 2023 Real Estate Market: A Closer Look at Emerging Trends

As we navigate through 2023, the real estate market presents a landscape rich in demographic shifts and evolving buyer behaviors, as highlighted in the National Association of Realtors’ recent report. This year’s market is characterized by intriguing trends that shed light on the current state of home buying and selling. The Surge in Single Women

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St. Louis Real Estate: Navigating a Shifting Market with John Schink’s Expertise

In the midst of fluctuating national trends, the St. Louis real estate market presents unique challenges and opportunities. John Schink, the Managing Broker of Deerwood Realty, offers his expert insights into these complexities. Analyzing the St. Louis Market’s Current State The National Association of REALTORS®’ recent report indicates a troubling trend in the U.S. real

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Homebuilders in Panic Mode? Mortgage Rates Just Did WHAT?

With mortgage rates hitting a shocking 23-year high and consistently remaining above 7%, builder confidence is shaking to its core. In this episode, I, John Schink of Deerwood Realty, delve deep into the latest National Association of Home Builders/Wells Fargo Housing Market Index to shed light on the severe decline in builder sentiment. Discover why

Homebuilders in Panic Mode? Mortgage Rates Just Did WHAT? Read More »

Why Are People Moving Now? Unraveling Home Selling in a High Rate Era

In a time when mortgage rates are soaring, John Schink, Founder of Deerwood Realty in St. Louis, Missouri, dives deep into a compelling Redfin article to understand the motivations behind current home-selling trends. Why are a surprising 1 in 10 homeowners choosing to move due to return-to-office mandates? What drives individuals to sell in such

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Why Are People Moving Now? Unraveling Home Selling in a High Rate Era

In a time when mortgage rates are soaring, John Schink, Founder of Deerwood Realty in St. Louis, Missouri, dives deep into a compelling Redfin article to understand the motivations behind current home-selling trends. Why are a surprising 1 in 10 homeowners choosing to move due to return-to-office mandates? What drives individuals to sell in such

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Has the Fed Broken the Housing Market? Unpacking the Dual Impact on Demand & Supply

https://youtu.be/zrH_50TVcLk In today’s real estate landscape, few voices carry as much weight as Mohamed El-Erian, Chief Economic Advisor at Allianz. John Schink, Founder of Deerwood Realty in St. Louis, Missouri, unpacks El-Erian’s recent remarks on the profound effects of the Federal Reserve’s policies on the U.S. housing market. As we navigate a period of fluctuating

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The Unsustainable Rise of Home Prices: Why the Current Housing Market Can’t Last 287

Join John Schink, founder and managing broker of Deerwood Realty in St. Louis, Missouri, as he dives into the alarming surge in US home prices. Drawing insights from Jeff Weniger, head of equities at WisdomTree, John compares the astronomical rise in housing costs to other goods and services, from McDonald’s cheeseburgers to everyday essentials. Why

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Are Farmers’ Rights Lost in the Race for Green Energy?

Tune in tonight for our deep dive into the ever-evolving intersection of real estate and green energy. We’re picking apart this thought-provoking piece from Parabellum News that uncovers the hidden impacts of green energy on property owners and their neighbors. From solar panels to wind turbines, are these advancements a step into the future or

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