Category Archives: National Real Estate

Blame it on the parents

Posted on March 14, 2019 by grim

From CNBC: Here’s how many millennials got money from their parents to buy their homes Millennials aren’t buying homes like their parents and grandparents did. That’s largely because it’s harder to afford a house these days: high real estate prices, stagnant wages and student … Continue reading →

Posted in Demographics, Economics, National Real Estate | 168 Comments

Crisis officially over?

Posted on March 13, 2019 by grim

From Inman: Delinquency rates fall to pre-housing crisis levels: CoreLogic The number of homeowners failing to make mortgage payments has dipped to levels unseen since before the 2008 housing crisis. Nationwide, only 4.1 percent of homeowners were delinquent on their mortgage in December, … Continue reading →

Posted in Economics, Foreclosures, Mortgages, National Real Estate, Risky Lending | 61 Comments

Going up again?

Posted on March 7, 2019 by grim

From CNBC: Home prices could be on the verge of heating up again, according to CoreLogic Home prices in January rose at the slowest pace in nearly seven years, but buyers shouldn’t feel too confident just yet. Prices might be … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 171 Comments

Millennials don’t understand the concept of repair.

Posted on March 1, 2019 by grim

You have an entire generation that grew up in a culture of disposable everything. Why would anyone think houses should be different? You don’t fix things, you get the new version. From CNBC: Most millennial homeowners have buyer’s remorse, a … Continue reading →

Posted in Demographics, National Real Estate, Unrest | 112 Comments

Still rising?

Posted on February 28, 2019 by grim

From CNBC: Home prices in December rose at the slowest pace since August 2015: S&P Case-Shiller index Homebuyers have a limit to what they can afford, and sellers are slowly having to adjust to that new reality. Home prices increased … Continue reading →

Posted in Demographics, Economics, National Real Estate | 70 Comments

Millennials take the market

Posted on February 25, 2019 by grim

From HousingWire: Millennials have officially entered the housing market It’s long been projected that Millennials are destined to dominate the housing market in upcoming years. Now, new data from Realtor.com reveals that it’s finally happening. Millennials are buying houses. Lots of them. According to Realtor.com, in January … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 154 Comments

No deals in 2019

Posted on February 14, 2019 by grim

From CNBC: Here’s why the housing market, while still risky, won’t be all bad for buyers in 2019 With spring on the way, many home buyers are starting their hunt for a new home. But with the housing market in … Continue reading →

Posted in Demographics, Economics, National Real Estate | 99 Comments

National home prices continue to soften

Posted on January 30, 2019 by grim

From CNBC: Home prices rise at a slower pace: S&P Case-Shiller Home values increased 5.2 percent annually in November, slowing from 5.3 percent in October, according to the widely watched S&P CoreLogic Case-Shiller National Home Price Index. The 10-city composite … Continue reading →

Posted in Economics, Housing Recovery, National Real Estate | 70 Comments

Nice house, if you can afford it

Posted on January 28, 2019 by grim

From HousingWire: Redfin: Middle class buyers are being priced out of housing market Although housing inventory is increasing, affordability for the typical middle class household is retreating, according to new data from Redfin. “Homeownership is increasingly out of reach for … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 73 Comments

Thank Trump for Housing?

Posted on January 24, 2019 by grim

From Yahoo Finance: Shiller: Trump is a ‘psychological boost’ to the housing market “I describe the current boom in U.S. home prices as the third largest boom since 1890. And so it’s big, and people are starting to think that … Continue reading →

Posted in Demographics, Economics, Employment, Housing Recovery, National Real Estate | 92 Comments

Realtors confused … what else is new?

Posted on January 23, 2019 by grim

From CNBC: The unusually large drop in home sales has real estate agents baffled Real estate brokers are trying to figure out why sales of existing homes plunged in December. The 6.4 percent monthly move was unusually large, regardless of … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 59 Comments

And now we rent

Posted on January 11, 2019 by grim

From Forbes: Renting Is More Affordable Than Buying In Most Major Housing Markets Despite national rents clocking in at well over $1,400, in most of America’s largest housing markets renting is still more affordable than buying. A new analysis from … Continue reading →

Posted in Economics, National Real Estate | 147 Comments

Keep Manhattan, just give me that countryside

Posted on January 10, 2019 by grim

From Forbes: People First, Jobs Follow: Cause And Effect In Real Estate And Its Impact On Affordability Earlier this year, the U.S. Census Bureau shared its latest data concerning suburban population demographics from 2016 to 2017, revealing a trend that … Continue reading →

Posted in Demographics, Economics, Employment, National Real Estate | 48 Comments

Don’t believe the hype?

Posted on January 9, 2019 by grim

From MarketWatch: Why the housing and mortgage crisis is far from over With major data providers reporting that mortgage delinquencies continue to decline, Wall Street and the pundits are more convinced than ever that the mortgage crisis is dead and … Continue reading →

Posted in Foreclosures, National Real Estate, NYC | 64 Comments

Prices up, Rate up, Mortgages up

Posted on January 6, 2019 by grim

From HousingWire: CoreLogic: Home prices will rise in 2019 In 2018, the principal-and-interest mortgage payment on the median-priced home climbed by more than 16%, according to the latest data from CoreLogic. CoreLogic reports that although the median home price rose … Continue reading →

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