Category Archives: Housing Recovery

Bye Bye Refi

Posted on September 13, 2018 by grim

From HousingWire: Originations fall to 4-year low due to rising interest rates The signs were all there. It was clear that mortgage originations were trending down as interest rates rose, but it’s still striking to see the results in black … Continue reading →

Posted in Economics, Housing Recovery, Mortgages, National Real Estate | 78 Comments

Price growth slows. Pause or Dip?

Posted on August 31, 2018 by grim

From CNBC: Home price gains slow down in June: S&P Case-Shiller Homebuyers are pulling back, and prices are finally following. Home prices are still rising, but the gains are shrinking. In June, prices nationally rose 6.2 percent year over year, … Continue reading →

Posted in Demographics, Economics, Housing Recovery, National Real Estate | 74 Comments

The Slump

Posted on August 30, 2018 by grim

From MarketWatch: Pending home sales stumble as housing market momentum wanes The numbers: Pending-home sales declined 0.7% in July, the National Association of Realtors said Wednesday. What happened: NAR’s index, which tracks real-estate transactions in which a contract has been … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 90 Comments

Plenty of room to run?

Posted on August 24, 2018 by grim

From CNBC: The housing recovery isn’t over, it just feels like it is A slew of negative housing numbers for July are piling up on top of a slew of negative housing numbers from the last several months. Sales of … Continue reading →

Posted in Demographics, Economics, Employment, Foreclosures, Housing Recovery, National Real Estate | 50 Comments

The new “rate lock”

Posted on August 17, 2018 by grim

From HousingWire: Goodbye refi: Rising interest rates all but erase refinance demand While mortgage interest rates dipped ever so slightly in the last week, they’ve been trending up for the majority of this year. In fact, the interest rate on … Continue reading →

Posted in Housing Recovery, Mortgages, National Real Estate | 53 Comments

Owners staying put is causing the inventory crunch

Posted on August 15, 2018 by grim

From HousingWire: First-time homebuyers dominate mortgage market First-time homebuyers may be facing rising affordability issues, but they are still outpacing the share of repeat buyers in the housing market, according to the latest report from the Urban Institute. This is … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 28 Comments

Hottest markets?

Posted on August 14, 2018 by grim

God, I feel that the Ledger should just give up on the stupid “top 10 list” format, I feel like I’m getting sucked into a social media marketing promotion by taking the clickbait. I’ll be the sucker and save you … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, New Jersey Real Estate | 40 Comments

Not sure I believe the analysis here

Posted on August 9, 2018 by grim

From the Star Ledger: The death of N.J.’s suburbs might be a total myth. Even the experts are surprised Want to be on the cutting edge of the hot new trend in housing? It may be time to take a … Continue reading →

Posted in Demographics, Housing Recovery, New Jersey Real Estate | 97 Comments

Will the pause continue?

Posted on August 8, 2018 by grim

Great piece from Citylab this morning: This Housing Price Spike Is Different Housing prices are cooking. Across the nation, the price of homes is rising faster than the rate of inflation—in some places by a factor of three. That’s true … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery | 132 Comments

The Big Slow

Posted on August 3, 2018 by grim

From the Philly Inquirer: Is Philly’s housing market still hot? As buyers grow nervous and tired, home prices are slowing Even before she and her husband started seriously house-hunting for their first home, Nicole Benson Paul had heard the stories … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 128 Comments

May Case Shiller

Posted on August 1, 2018 by grim

From HousingWire: Case-Shiller: Home prices rising at least twice the rate of inflation To absolutely no one’s surprise, home prices increased once again in May, and even showed double-digit gains in some markets on the West Coast, and increasing at … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 101 Comments

Uh Oh

Posted on July 24, 2018 by grim

From CNBC: Existing home sales fall for third straight month U.S. home sales fell for a third straight month in June as a persistent shortage of properties on the market pushed up house prices to a record high, likely sidelining … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 128 Comments

Here comes the bubble? Or still too early?

Posted on July 15, 2018 by grim

From CNBC: The housing shortage may be turning, warning of a price bubble The most competitive, tightest housing market in decades may finally be loosening its grip, and that could put pressure on overheated home prices. The supply of homes … Continue reading →

Posted in Demographics, Economics, Employment, Housing Bubble, Housing Recovery, National Real Estate | 27 Comments

Haven’t yet returned to bubble pricing

Posted on July 7, 2018 by grim

From the Star Ledger, hat tip Yo: Only these 2 N.J. towns have fully recovered since the housing crash It’s been more than a decade since housing prices in New Jersey began a seven-year slide highlighted by the Great Recession. … Continue reading →

Posted in Housing Bubble, Housing Recovery, New Jersey Real Estate | 23 Comments

It’s a great time to stay put

Posted on July 5, 2018 by grim

From CNBC: Home prices make the biggest jump in four years It is a seller’s market, undeniably. The supply of homes for sale is low, demand is high, and now prices are heating up even more. But sellers today see … Continue reading →

Posted in Demographics, Economics, Housing Recovery, Mortgages, National Real Estate | 95 Comments