Category Archives: National Real Estate

Fewer options for rent controlled areas

Posted on September 16, 2019 by grim

From HousingWire: Trump’s housing-finance plan aims to curb GSE lending in areas with rent control Buckle your seatbelts, California. You may be in for another showdown with the Trump administration. You too, New York and Oregon. When Treasury released its housing finance … Continue reading →

Posted in Economics, Mortgages, National Real Estate, Politics, Unrest | 28 Comments

Leading Indicator?

Posted on September 13, 2019 by grim

From Forbes: The California Real Estate Boom Is Over. What Now? If you had invested in a property in San Francisco five years ago and cashed out in 2019, you would have made a 50% profit, never mind the rental … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate | 150 Comments

Sorry JC, not good enough.

Posted on September 11, 2019 by grim

From JerseyDigs: Study Finds Jersey City Will Add as Many Apartments as Manhattan in 2019

Posted in Gold Coast, National Real Estate, New Development, New Jersey Real Estate | 122 Comments

Millennials want homes?

Posted on September 6, 2019 by grim

From CNBC: Older millennials are driving home prices higher again They may have waited longer than previous generations, but millennials are now showing a strong desire to become homeowners, especially older millennials. That is strengthening overall demand for the limited … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 58 Comments

Millennials – Still no home for you

Posted on September 2, 2019 by grim

From Curbed: Sorry, millennials: A recession won’t help you buy a house The 2008 financial crisis brought the global economy to its knees and sent American home prices into freefall. For anyone who managed to hang on to their job, savings, … Continue reading →

Posted in Demographics, Economics, Foreclosures, National Real Estate | 84 Comments

June Case Shiller

Posted on August 30, 2019 by grim

From Inman: Home price gains continue to slow down in June: Case-Shiller Annual home price gains continued to slow in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. Home prices, on average, achieved an … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 58 Comments

Married – House – Kids – No More

Posted on August 27, 2019 by grim

From HousingWire: Harvard: First-time homebuyers are changing The profile of first-time homebuyers in the U.S. is changing, according to researchers at the Joint Center for Housing Studies at Harvard University. In a paper titled “The Shifting Profile of First-Time Homebuyers: 1997-2017,” researchers found … Continue reading →

Posted in Demographics, Economics, National Real Estate | 120 Comments

Insanity

Posted on August 25, 2019 by grim

From HousingWire: Appraisals may soon not be required on certain home sales of $400,000 and under Certain home sales of $400,000 and under may soon not need an appraisal, as federal regulators are close to approving a proposal to increase … Continue reading →

Posted in Economics, Foreclosures, Housing Bubble, Mortgages, National Real Estate | 44 Comments

Look at the bright side America, you can afford to live in Detroit

Posted on August 21, 2019 by grim

From HousingWire: These are the nation’s most affordable housing markets for middle-class families The era of unusually affordable housing has ended, meaning America’s housing affordability has returned to average historical levels. While this means homes are no longer cheap on a … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 147 Comments

Don’t Fear The Reaper (or maybe you should)

Posted on August 15, 2019 by grim

From CNBC: More signs point to a softer housing market, even as mortgage rates fall Homebuilders and buyers alike are pulling back, even as mortgage rates fall to multiyear lows. The housing market is simply too pricey, and consumers are … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 39 Comments

Snap back to reality

Posted on August 14, 2019 by grim

From Mortgage Professional America: Homeowners are getting really good at valuing their homes The gap between the value homeowners put on their refinance mortgage applications and the value assessed by professional appraisers has narrowed for the third straight month. The … Continue reading →

Posted in Economics, Mortgages, National Real Estate | 38 Comments

School rules

Posted on August 13, 2019 by grim

From HousingWire: Half of homebuyers with kids base purchase on school district Purchasing a home is one of the biggest decisions a person can make during their lifetime. After all, where you live determines many factors about your life, including … Continue reading →

Posted in Demographics, Economics, National Real Estate | 50 Comments

May Case Chiller

Posted on August 1, 2019 by grim

From Marketwatch: Home prices continue to slow in May, Case-Shiller says The numbers: Home price inflation slowed further in May as the S&P CoreLogic Case-Shiller 20-city index rose 0.1% in May compared with April on a seasonally adjusted basis. On an … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 60 Comments

Sorry, no homes for you

Posted on July 29, 2019 by grim

From HousingWire: Millennials want to buy homes, but their wallets are saying no As summertime heats up, it’s safe to say that spring has officially come to an end. But while its cooler days may be behind us, data says … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 82 Comments

Ugly June

Posted on July 25, 2019 by grim

From CNBC: US existing home sales fell 1.7% in June, vs 0.2% drop expected U.S. home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, suggesting the housing market was … Continue reading →

Posted in Economics, National Real Estate | 56 Comments