Category Archives: National Real Estate

Existing home sales flat in August, prices up, inventory up slightly

Posted on September 21, 2018 by grim

From HousingWire: Existing home sales held steady in August After falling for four consecutive months, existing home sales held its ground in August, according to the latest report from the National Association of Realtors. Total existing home sales, completed transactions … Continue reading →

Posted in Economics, Housing Bubble, Housing Recovery, National Real Estate | 57 Comments

Everything is holding housing back

Posted on September 17, 2018 by grim

From MarketWatch: This is why Americans are losing confidence in the housing market Today, less people are buying houses. According to Fannie Mae, a mere 24% of Americans feel like now is a good time to buy a house. Looking … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, Mortgages, National Real Estate | 37 Comments

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

Good thing the rich are rich

Posted on September 3, 2018 by grim

From CNBC: The $1 billion price cut: Luxury real estate gets slashed The most expensive real-estate in America just became a little less expensive — with $1 billion in price cuts among America’s top listings over the past few months, … Continue reading →

Posted in Demographics, Economics, National Real Estate | 16 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

Urbanization, but only at the right price

Posted on August 21, 2018 by grim

From USA Today: Home prices: Even midsize cities are getting pricey, leading some buyers to smaller markets A couple of years ago, freshly-minted college graduates Jon and Samantha Reidy crisscrossed North Carolina in search of a place to settle and … Continue reading →

Posted in Demographics, Economics, National Real Estate | 45 Comments

Rise of Gen Z

Posted on August 20, 2018 by grim

From Bloomberg: Gen Z Is Set to Outnumber Millennials Within a Year Millennials are about to be surpassed by Generation Z. Gen Z will comprise 32 percent of the global population of 7.7 billion in 2019, nudging ahead of millennials, … Continue reading →

Posted in Demographics, Economics, National Real Estate | 65 Comments

Price Reduced!

Posted on August 18, 2018 by grim

From HousingWire: Is housing becoming a buyer’s market? Home sellers have begun cutting back their listing price, especially at the high end of the housing market, leaving open the possibility that it is now beginning to shift to a buyer’s … Continue reading →

Posted in Economics, National Real Estate, Price Reduced | 44 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

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

Yep, this will end well

Posted on August 2, 2018 by grim

From MarketWatch: The new housing play: Helping priced-out renters become long-distance landlords Leland Char is a 28-year-old product manager for a large San Francisco-based tech company. He loves the Bay Area’s “very authentic Asian food and new American cuisine, smart … Continue reading →

Posted in Housing Bubble, National Real Estate, Risky Lending | 91 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 | 99 Comments