Category Archives: National Real Estate

Choking the market

Posted on September 21, 2017 by grim

From MarketWatch: Existing-home sales fall in August for the fourth time in five months Existing-home sales in August dropped for the fourth time in five months as real-estate agents continue to blame a lack of available homes to buy. The … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 7 Comments

Will flat fee take off? (probably not)

Posted on September 16, 2017 by grim

From CNBC: No more 6% commission – these brokers will sell your house for a flat fee In an increasingly crowded and competitive real estate market, brokers are messing with traditional models, and that could mean big savings for sellers … Continue reading →

Posted in National Real Estate | 62 Comments

The biggest barrier to starter homes – zoning laws and NIMBY

Posted on September 14, 2017 by grim

From HousingWire: Trulia: Housing market fails to produce what buyers really want The gap between the homes consumers want and the homes available for sale continues to grow in many markets across the U.S., according to the latest Mismatched Markets … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 79 Comments

Get out your wallets

Posted on September 8, 2017 by grim

From CNBC: Almost half of top US housing markets are ‘overvalued’ It will come as no surprise to anyone out house hunting today — buying a home is becoming ever more difficult to afford. Prices just keep soaring while incomes … Continue reading →

Posted in Demographics, Economics, National Real Estate | 101 Comments

Dynamics right for a bubble? Or is it different this time?

Posted on September 5, 2017 by grim

From the NY Post: Are we headed for another housing collapse? One decade after the biggest housing collapse in America’s history led to a global recession, could we be facing another crisis? “Not happening,” says Burns, adding that the 2007 … Continue reading →

Posted in Housing Bubble, Housing Recovery, National Real Estate | 132 Comments

That was fast…

Posted on September 4, 2017 by grim

From the NYT: The Urban Revival Is Over For all the concern about the gentrification, rising housing prices and the growing gap between the rich and poor in our leading cities, an even bigger threat lies on the horizon: The … Continue reading →

Posted in Demographics, National Real Estate, New Development | 34 Comments

Pending sales now down 4 out of 5 months

Posted on September 1, 2017 by grim

From HousingWire: Pending home sales decrease slightly in July Pending home sales dropped slightly in July, marking the fourth decrease in the past five months, according to the latest Pending Home Sales Index report from the National Association of Realtors. … Continue reading →

Posted in Housing Recovery, National Real Estate | 56 Comments

So it wasn’t subprime?

Posted on August 31, 2017 by grim

From Quartz: House flippers triggered the US housing market crash, not poor subprime borrowers The grim tale of America’s “subprime mortgage crisis” delivers one of those stinging moral slaps that Americans seem to favor in their histories. Poor people were … Continue reading →

Posted in Foreclosures, Housing Bubble, National Real Estate, Risky Lending | 88 Comments

Case Shiller Day!

Posted on August 29, 2017 by grim

From Marketwatch: Home price gains were hot in June as Seattle sizzled, Case-Shiller says U.S. home price growth picked up steam in June as strong demand continued to buoy the market. The S&P/Case-Shiller 20-city index rose a seasonally adjusted 5.7% … Continue reading →

Posted in Economics, National Real Estate | 81 Comments

Existing Home Sales Tank

Posted on August 25, 2017 by grim

From CNBC: US existing home sales unexpectedly fall in July U.S. home resales unexpectedly fell in July to their lowest monthly level of the year due to a lack of properties for sale, which also continued to push up prices. … Continue reading →

Posted in Economics, National Real Estate | 113 Comments

Livin’ large

Posted on August 23, 2017 by grim

From Bloomberg: Millennial Americans Are Moving to the ‘Burbs, Buying Big SUVs Millennials are finally starting their own baby boom and heading for the suburbs in big sport utility vehicles, much like their parents did. Americans aged about 18 to … Continue reading →

Posted in Demographics, Economics, National Real Estate | 51 Comments

New homes were never cheap

Posted on August 18, 2017 by grim

From CNBC: As housing affordability weakens, more buyers are left out in the cold The cost of housing is rising at a fast clip, and nowhere is it more apparent than in the market for newly built homes. Sales there … Continue reading →

Posted in Demographics, Economics, National Real Estate, New Development | 89 Comments

Up Up and Away!

Posted on August 17, 2017 by grim

From HousingWire: Home prices hit yet another new all-time high Home prices increased in the second quarter of 2017 to yet another all-time high due to low levels of housing supply, according to the latest quarterly report from the National … Continue reading →

Posted in Demographics, Economics, Housing Bubble, National Real Estate | 34 Comments

Long Island prices jump

Posted on August 16, 2017 by grim

From Newsday: Home prices jump 9.8% in Nassau, rise 5.8% in Suffolk The median home price in Nassau County jumped nearly 10 percent last month compared to a year ago, as limited supply continued to drive prices up. The median … Continue reading →

Posted in Economics, National Real Estate, NYC | 91 Comments

Smaller down payments gaining popularity

Posted on August 15, 2017 by grim

From CNBC: Homebuyers put less and less skin in the game, adding to the market’s overall risk It feels like deja vu in mortgage land all over again. Homebuyers are increasingly opting to put less money down when purchasing their … Continue reading →

Posted in Housing Bubble, National Real Estate, Risky Lending | 77 Comments